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Latest from Cheyenne Ligon
IMF Chief Touts Advantages of CBDCs Over ‘Unbacked Crypto Assets’ and Stablecoins
Kristalina Georgieva said Wednesday that well-designed CBDCs “can potentially offer more resilience, more safety, greater availability and lower costs” than private cryptocurrencies.

Judge Stops Release of Bitfinex Hack Laundering Suspects
Ilya Lichtenstein and Heather Morgan were arrested Tuesday on allegations they conspired to launder bitcoin from the 2016 hack.

IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy
The IRS currently taxes cryptocurrencies generated through staking as income,

Neopets Pitched a Metaverse Pivot. Fans Balked
For many Neopets fans, an effort to bring the early-aughts classic into Web 3 is throwing up red flags.

New Chainalysis Report Suggests NFT Crime Doesn’t (Always) Pay
More NFT wash traders lost money than made money in 2021, according to the blockchain research firm’s data.

Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
By joining COPA, Meta’s “core crypto technology patents” will hopefully avoid future litigation.

A Struggling South Korean Museum Is Auctioning National Treasures; Meet the 2 DAOs Trying to Buy Them
The Gansong Art Museum will be auctioning the sculptures, which the DAOs hope to keep on public display.

Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis
According to a new report from Chainalysis, cybercriminals laundered $8.6 billion in crypto last year – 17% of which went through DeFi protocols.

Ex-CFTC Chair Chris Giancarlo Joins Digital Asset’s Board of Directors
The former regulator will advise the company on a variety of subjects, including asset tokenization, distributed ledger technology and regulatory developments.

Polymarket Introduces New Information Markets After CFTC Fine, but Not for US Traders
The decentralized predictions marketplace received a $1.4 million fine from the Commodity Futures Trading Commission.
