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At Genesis' first bankruptcy hearing, the company's lawyer expressed confidence that it would resolve its disputes with creditors by the end of the week. Genesis plans to exit the bankruptcy in 4 months from now. The company plans to pay employees and vendors first, and then to auction off its assets to pay creditors by May. A simple calculation of the math shows that Genesis holds $5 billion in assets and liabilities, while its debt estimates to $3.4 billion.

Next month, The Open Network validators plan to vote on freezing 195 inactive addresses. These addresses hold more than 1 billion TON coins, which amounts to $2.5 billion USD. If this decision is made, the blocking will last for 4 years and the owners of these wallets will not be able to make any transactions during this period. A forced hold for long-term holders? It's interesting, but short term holders could definitely use some freezing!

The agreement, which turned the crypto exchange into a Premium Partner of the Bundesliga club, will last until the end of June 2023. Under the new terms, Coinbase will promote its products and services at Signal-Iduna-Park (the club's home stadium) and provide crypto-educational programs for team members. The numbers of the deal are not disclosed. But it is not that important. After all, we are still Barcelona's fans.

Rose lost 40 rare NFTs worth over $1.1 million in a phishing attack. Kevin personally reported the hack on Twitter and asked his followers to avoid buying any Autoglyph and Chromie Squiggles. PROOF Vice President of Engineering Arran Schlosberg detailed the fraudulent scheme. According to him, "the technical aspect of the hack was limited to crafting signatures accepted by OpenSea's marketplace contract." They immediately used theft prevention tool Revoke Cash, but it was too late. PROOF stressed that users' assets were not affected, since the vast majority of assets require multiple approvals for access.

This day 12 years ago was marked as the first attempt to use Bitcoin as a payment mean. The author of the ad wanted to sell a 1280x960 resolution picture for 500 BTC that he said would look great as a desktop background. At that time 500 BTC worth $1. Today it is almost $12,000,000,000. As we know, no one was ever interested in this offer. Crypto folks decided to spend their BTC on pizzas.

Fabio Panetta, a member of the board of the European Central Bank, said that the digital euro does not involve the ability to set limits on how funds can be spent. This is one of the main concerns in society regarding the proliferation of Central Bank Digital Currencies (CBDCs), since today's technology will allow it to happen. Well, we'd like to believe... But today it's one thing, and tomorrow another.