U.S. Prosecutors Charge Canadian Man With $65M Hacks of Indexed Finance, KyberSwap

Andean “Andy” Medjedovic, 22, has been on the run from authorities since 2021.
10 Commandments for Federal Securities Laws

Too often regulators get bogged down in the minutiae of prescriptive laws and miss their core intent, says Teresa Goody Guillén, a partner at BakerHostetler. Crypto regulation should be guided by principles for an effective market.
Bitcoin Down 2.5% as China Slaps Retaliatory Tariffs on U.S., Probes Google

The move came after U.S. President Donald Trump’s new 10% tariffs on China came into effect.
TRON, Movement Labs Deny ‘Token Swap’ Deal for World Liberty Financial Inclusion

A report alleges that projects were pitched on a $10 million – $15 million buy-in on the Trump-backed project.
Probe of Crypto.com, Kalshi’s Super Bowl Bets Is About the Nature of ‘Gaming’: Crypto Lawyer

The regulator’s probe is focused on the issue of sports being considered gaming, said New York-based crypto lawyer Aaron Brogan.
Crypto Daybook Americas: The Sea of Red May Not Ebb as Fast as Expected

Your day-ahead look for Feb. 3, 2025
THORChain to Issue Equity Tokens to Battle $200M Debt After Pausing Bitcoin, Ether Lending
TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders.
CoinDesk 20 Performance Update: Index Plunges 17.1% Over Weekend

Among the underperformers, Filecoin (FIL) dropped 33.9% and Aave (AAVE) fell 29.3%.
Crypto Stocks Slide Pre-Market as U.S. Futures Point to More Bitcoin Losses

S&P 500 futures slid 1.4%, Dow Jones future fell 1.2% and futures on the tech-heavy Nasdaq 100 lost 1.7%
Bitcoin Bounces Above $99K, XRP Surges 40% as Trade War Tensions Suddenly Ease

Agreeing to some of Trump’s terms, Mexican President Claudia Sheinbaum said the U.S. will be pausing tariffs on her country for one month.
