DeFi Protocol BarnBridge Prepares for SEC Action, Fines

The decentralized autonomous organization is holding a vote on how to respond to securities regulators.Source

The Protocol: Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan

ZeroSync’s Robin Linus has ignited excitement in the Bitcoin community by introducing the “BitVM” paper, proposing a straightforward method for incorporating smart contracts into the original blockchain, a feature predominantly associated with Ethereum and its numerous derivatives.Source

Crypto Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick

The U.S. House of Representatives won’t get back to work on crypto legislation if Republicans can’t unify behind majority choice Steve Scalise – or some alternative – after the party’s ousting of Speaker of the House Kevin McCarthy (R-Calif.) derailed the congressional agenda.Source

Jim Cramer Doesn’t Know Bitcoin

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Chainlink’s LINK Is ‘Safest Bet’ to Profit From RWA Tokenization Trend: K33 Research

Chainlink has positioned itself as a key piece of infrastructure to connect blockchains with the outside world and should profit from crypto’s real-world asset narrative.Source

Stars Arena Recovered 90% of the Funds Lost to Hack After Bounty Paid

The social app on Avalanche was drained for $3 Million last week.Source

Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets

On-chain data suggests that USDR’s treasury was drained of liquid assets, leading to a run on the stablecoin.Source

SBF’s Lawyers Want to Ask Caroline Ellison About FTX’s Anthropic AI Stake

Sam Bankman-Fried’s attorneys asked Judge Lewis Kaplan, who’s overseeing the case, to grant them permission to ask former Alameda Research CEO Caroline Ellison about whether she deleted Signal messages at FTX lawyers’ advice and what Anthropic AI’s recent fundraise means for FTX creditors.Source

Tokenized RWA Platform Untangled Goes Live, Gets $13.5M Funding to Bring Private Credit On-Chain

Tokenized real-world asset (RWA) marketplace Untangled Finance went live Wednesday on the Celo network after securing a $13.5 million venture capital boost to bring tokenized private credit to the blockchain, the company told CoinDesk.Source

U.K. Group Calls for NFT Copyright Infringement Safeguards and Code of Conduct

The Culture, Media and Sport Committee, which includes representatives from several political parties, started an inquiry into non-fungible tokens in November.Source