GM Crypto Enthusiasts,

Can we expect another bull run?According to Ark Invest's Cathie Wood, yes we can!Cheers to that! Let's sit tight and crack a cold one, it’s National Beer Can Appreciation Day after all! (seriously, look it up!)

Here's what we've got for you today:

• North Korea Did It...Again! - FBI

• Genesis Is Optimistic about…Bankruptcy?

• Are NFTs Getting a Comeback?

Hands Up, North Korea!

Yesterday, the FBI officially announced that North Korea is behind the Harmony Bridge hack. Are you shocked?!?!Nope, neither were we… (Not the first time we heard this story)

Ok, here’s the tea: Used to transfer crypto and NFT assets between multiple blockchains, the Harmony cross-chain bridge was hacked on July 24th, 2022. A fraudster (North Korea) drained the bridge by swapping all the funds to ETH, causing Harmony bridge to crash. Luckily, developers of the Harmony protocol managed to identify the culprit’s Ethereum address days after the accident.But the big breakthrough?Well, this happened when the North Korean scammers tried to swap the hot goods for Bitcoin about a week ago.The 6 months that the hackers sat on the loot gave the U.S. law enforcement time to trace and identify the fraudsters. Some of the stolen funds were recovered and returned to crypto exchanges.

Genesis Plans for Round 2, Already?

One day (hopefully soon), we won’t need to talk about Genesis, Gemini, or DCG. But today is not that day. After filing for bankruptcy protection, Genesis’s lead attorney Sean O’Neal was in good spirits during the court hearing, even though FTX’s infamous ‘Liquidity Crunch’ has eaten through most of Genesis's finances. So, why the bright disposition?O’Neal sees light at the end of the tunnel, indicating that there’s “some measure of confidence” that the crypto behemoth Genesis Global Capital could go back to business by the end of May.Be that as it may, Genesis's trials & tribulations are far from over. They still need to deal with their massive $1.5 billion in debt claims, which are supposed to be sorted out by end of the week.

NFTs Are Hot! 😎

Did Donald Trump make NFTs great again?

According to the latest stats, NFTs are making a comeback. OpenSea’s January ‘23 transaction numbers are $36.5 million higher than December (and the month isn’t even over)!  Did Donald Trump, the conservative 45th President of the US with little to no knowledge about blockchain, cause this upturn? It’s hard to say, but…President’s Trump Cards NFT collection is smashing it on OpenSea and is the most popular NFT collection on Polygon’s blockchain at the moment...Or could it be the famed digital primates at it again?Yuga Labs launched Dookey Dash, the new game for the Bored Ape community, which requires a Sewer Pass NFT. Crypto Twitter seems to be loving the gameplay, even with the lowest tier NFT Sewer Pass now priced at 2.80 ETH. Yup, that’s $4,5000. 🤑Whatever’s happening, NFTs seem to be the talk of crypto again lately.

DailyCoin Meme

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Gemini Resorts to Third Wave of Job Cuts After DCG Meltdown

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Wormhole Attacker Moves $155 Million of Stolen Funds into Staked Ethereum (stETH)

On-chain data shows that the attacker moved 95,630 ETH to OpenOcean, a decentralized exchange (DEX). The attacker...

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