🪙 Coins… Tether, the biz behind the largest stablecoin, said it will put up to 15% of profits into bitcoin purchases — adding to its existing $1.5B+ BTC stash. Critics suggested that the move could undermine confidence in Tether’s reserves.
📜 Policy… The DOJ said it plans to crack down on crypto platforms that allow or commit crimes like money laundering. Last year illicit crypto transaction volumes hit an all-time high of $20B+.
🤖 Techy… This week the dogecoin blockchain saw record daily transaction #s (even beating bitcoin). Driving the surge: "doginals," a protocol that lets people build memecoins on top of dogecoin.
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