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Weekly Crypto Recap: Key Points (Feb 8, 2024)
FTX:

Seeks to sell Anthropic stake ($1.4 billion) for bankruptcy proceedings.
Creditors challenge repayment plan, want current prices or digital asset return.
Multicoin Capital in talks to sell $100 million FTX bankruptcy claim.
Terraform Labs:

Former CFO Han Chang-joon extradited to South Korea.
Do Kwon's extradition revoked again due to procedural issues.
Former developer testifies against Kwon and Shin in Korean court.
Genesis:

Seeks approval to sell $1.4 billion GBTC holdings due to legal battle with Gemini.
Prometheum:

Includes ETH in new custodial services, treating it as a security.
Raises concerns about SEC's classification and regulation of digital assets.
SEC:

Expands "dealer" rule, targeting DeFi with potential registration requirements for liquidity providers.
Postpones decision on Invesco/Galaxy ETH ETF application.
BlockFi & 3AC:

Settle dispute with undisclosed terms, details sealed by judge.
Dymension:

Launches mainnet and airdrops tokens, but faces validator issues and centralization concerns.
DYM token price surges 30% despite technical challenges.
EigenLayer:

TVL increases by $2.8 billion after unpausing smart contract caps.
Holds nearly 1.5% of ETH supply, highlighting its growing influence in restaking.


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