US stocks jump as investors look to a further slowdown in consumer inflation
Wall Street expects January inflation to slow to an annual pace of 6.2% from 6.5% in December.
![Grayscale’s GBTC Discount Widens to Near-Record High Grayscale’s GBTC Discount Widens to Near-Record High](https://www.coindesk.com/resizer/ymDtAxG7Gg_RswedEyvO65arxp4=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/34IZ3CZHXRD25DOGGCUXXJECAI.jpeg)
Grayscale’s GBTC Discount Widens to Near-Record High
Shares of the bitcoin trust are selling at a 47% discount to its net asset value. The discount has been increasing over the past week.
![Binance USD's $16B Market Cap Up for Grabs as SEC-Paxos Suit Stirs Up Stablecoin Rivalry Binance USD's $16B Market Cap Up for Grabs as SEC-Paxos Suit Stirs Up Stablecoin Rivalry](https://www.coindesk.com/resizer/F6PfqY8UeD_HnGsHcioId2s6WnY=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YEC7O4E3AFFY5HT4NGAVTGHQ3M.jpg)
Binance USD's $16B Market Cap Up for Grabs as SEC-Paxos Suit Stirs Up Stablecoin Rivalry
Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog.
![Crypto mixer Blender has been rebranded to Sinbad, says Elliptic Crypto mixer Blender has been rebranded to Sinbad, says Elliptic](https://s3.cointelegraph.com/uploads/2023-02/6407cb1a-01a2-43c7-8527-b583813d8fb6.jpg)
Crypto mixer Blender has been rebranded to Sinbad, says Elliptic
Elliptic's analysis of wallets tied to a suspected Blender operator showed $22 million going to Sinbad as well as similar "characteristics of transactions" between the mixers.
![Stablecoin Issuers May Be Crypto Industry’s Achilles’ Heel Stablecoin Issuers May Be Crypto Industry’s Achilles’ Heel](https://imageio.forbes.com/specials-images/imageserve/63ea728e2b173e5567d77e9e/0x0.jpg?format=jpg&width=1200)
Stablecoin Issuers May Be Crypto Industry’s Achilles’ Heel
When New York regulators ordered the crypto exchange Paxos to stop minting stablecoins this week, it revealed one of the Ethereum ecosystem’s greatest weaknesses: Fiat-backed stablecoin issuers that must obey laws in their respective jurisdictions.
![Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity](https://c.biztoc.com/p/ebf5810abd9c3847/og.webp)
Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity
Staci Warden told CoinDesk TV crypto-native firms are being punished rather than given guidance. #staciwarden #coindesk
![Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity](https://www.coindesk.com/resizer/a5YwH_-xC3cJlX67s4Mb2SE8UWk=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/Z33QZVFIJNAWTAYBZHWXAXWKCA.png)
Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity
Staci Warden told CoinDesk TV crypto-native firms are being punished rather than given guidance.
![Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions](https://www.coindesk.com/resizer/ofAnFRW1Dap_W-PppspEzJeyoAI=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TEWEPHHYVRE4JOFCMTWBNU46QM.jpg)
Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions
A company called Unciphered works to recover lost crypto funds by auditing code and finding vulnerabilities in wallets.
Stablecoin Issuer Circle Warned New York Regulator About Rival Binance’s Token
(Bloomberg) -- Stablecoin giant Circle Internet Financial Ltd. issued a complaint to the New York State Department of Financial Services last year about...
![NFT Gaming Protocol Aavegotchi Aims to Increase Engagement With Upgrade NFT Gaming Protocol Aavegotchi Aims to Increase Engagement With Upgrade](https://www.coindesk.com/resizer/tQ-gAfflZzAlOe9ts71tUD1iNu8=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/D4FKDNPO2VGAJEM46JD67BRKNY.jpg)
NFT Gaming Protocol Aavegotchi Aims to Increase Engagement With Upgrade
Called the Forge, the upgrade focuses on wearables, one of three attributes that determine the value and rarity of Aavegotchi NFTs.
![US regulators say crypto is risky but not banned—behind the scenes, though, it's a different story US regulators say crypto is risky but not banned—behind the scenes, though, it's a different story](https://www.insiderintelligence.com/content/storage/socialsharingdefault/default-image-share.png?im=FitAndFill,width=1200,height=630)
US regulators say crypto is risky but not banned—behind the scenes, though, it's a different story
US regulators are allegedly discouraging banks from working with crypto firms. That could leave them with no option but to fold.
![Why Coinbase, Silvergate, and Lido DAO Are All Down on Monday Why Coinbase, Silvergate, and Lido DAO Are All Down on Monday](https://g.foolcdn.com/editorial/images/720588/currency-and-crypto-digitization.jpg)
Why Coinbase, Silvergate, and Lido DAO Are All Down on Monday
The SEC's war on crypto is expanding.