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  • Writer's pictureAnthony Holman

Rapid Fire News

1. Ukraine seizes assets from crypto brokers working with Russians.

Ukraines’ Prosecutor General's office announced Tuesday the seizure of $1.67 million in

fiat currencies, 830 kilograms of silver, six pieces of land, and three apartments - all of

which were the proceeds of illegal crypto trades.

2. Celsius Pays off its last DeFi loan.

According to data from Etherscan, Celsius paid back $50 million in DAI - the Ethereum

based stablecoin - to the lending protocol Compound. This unlocked almost $200 million

worth of wrapped Bitcoin that was originally used as collateral for the loan.

3. A rare CryptoPunk sells for a record $2.6 million.

CryptoPunks are one of the original NFT projects launched in 2017 on the Ethereum

blockchain. The sale ranks as the fifth-highest in CryptoPunk history. The buyer's

collection now holds 24 CryptoPunks in total.

4. Former Ripple Adviser Michael Barr confirmed to top US regulatory


Barr becomes vice chairman for supervision at the Federal Reserve after winning

bipartisan Senate approval. Barr served on the advisory board at Ripple Labs in 2015.

According to a CoinDesk report, “Barr is widely seen as a consumer advocate who

supports aggressive regulation, favoring the interests of individuals over financial firms.”

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