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Wed. Feb 1st, 2023

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Cryptos

Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem
Positive signs of Bitcoin's recovery can be seen in on-chain, spot exchange and futures data.
Social token platform Rally announces shutdown of sidechain
Rally cited a "challenging year" for the crypto industry in its decision to “begin to sunset” the platform's sidechain after Jan. 31.
Court permits Core Scientific to borrow $70M to replace existing loan
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11.
Wormhole wins second ‘temp check’ to become bridge for Uniswap governance
Wormhole got over 60% of the vote in the Uniswap DAO referendum, with LayerZero coming in second.
Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program
According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations.
Bitcoin mining advocate is going state-to-state to educate US lawmakers
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.
Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius
The court-appointed examiner found many intentional and unintentional shortcomings at the bankrupt crypto lender dating back to its founding.
Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?
LayerZero bridging protocol denies accusation of ‘critical vulnerabilities’
LayerZero is the protocol used by Stargate bridge, which has over $382 million locked in its smart contracts.
5 altcoins that produced double-digit gains as Bitcoin price rallied in January
Bitcoin’s strong monthly performance translated to outsized gains in APT, GALA, T, MANA and SOL, making them the top performing altcoins in January.

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