Daily Digest – January 12th

• El Salvador Passes Crypto Bill Legalizing BTC-backed Bonds

• Cathie Wood's ARK Buys $3M in Coinbase Despite Bond Downgrade

• Failed FTX Exchange Recovers Over $5B in Assets

• US Regulator Asks Judge to Convict DeFi Trading Platform Ooki DAO

• DCG's Genesis Reportedly Owes Over $3 Billion to Its Creditors

El Salvador’s Volcano Bitcoin Bond Bill Receives Approval

The legislative arm of El Salvador approved the passage of a new cryptocurrency bill on January 11. According to a statement by...

Cathie Wood Bets Against Bank of America and S&P Global on Coinbase

Cathie Wood’s Ark Invest made a substantial investment in the beleaguered crypto exchange Coinbase. The move comes after Bank of America downgraded...

Avalanche Partners with Amazon Web Services, AVAX Rallies 25%

Avalanche has announced a partnership with cloud-computing platform Amazon Web Services (AWS) to bring wider adoption of blockchain technology by enterprises, institutions, and governments. 

FTX Recovers $5 billion in Liquid Assets to Repay Customers, But Extent of Loss Still Unknown

In the last court hearing, an FTX bankruptcy attorney said that the fallen crypto exchange had recovered more than $5 billion worth...

Game of Thrones NFT Collection Sells Out – Crypto Twitter Reacts

After launching on January 10th, 2023, the Game of Thrones Build Your Realm NFT collection created a buzz on social media after it sold out on Nifty’s NFT marketplace...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team