The Daily: BlackRock’s Bitcoin ETF sees largest daily outflows since launch, Do Kwon pleads not guilty and more
2025-01-04
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It's Friday! In today's newsletter, BlackRock's spot Bitcoin ETF sees its largest daily outflows since launch, Terraform Labs co-founder Do Kwon pleads not guilty to criminal charges, Tether and Bitfinex General Counsel Stuart Hoegner retires, plus more.
Let's get started.
BlackRock's spot Bitcoin ETF sees largest daily outflows since launch
BlackRock's IBIT spot Bitcoin ETF posted $332.6 million in net outflows on Thursday, marking its largest daily outflow since launching a year ago. 
Terraform Labs co-founder Do Kwon pleads not guilty to criminal charges
Terraform Labs co-founder Do Kwon pleaded not guilty in a Manhattan court on Thursday to multiple criminal charges, including fraud and money laundering, following his extradition from Montenegro, Reuters reported.
Tether and Bitfinex General Counsel Stuart Hoegner retires
Stuart Hoegner has retired as General Counsel for Tether and Bitfinex, with Michael Hilliard now in sole charge of their legal operations.
AnonCast founder rolls out fully anonymous social platform on Farcaster
Blockchain developer Kartik Patel launched Anon World, a social platform built on Farcaster, introducing a Reddit-like community interface that supports community discussions while maintaining user anonymity.
'My work is done': Scatter COO steps down from Milady-themed NFT platform
Haiku stepped down as COO of the Milady-themed NFT launchpad and marketplace Scatter as of Jan. 1, stating on Thursday that their "work is done" now the platform is in a strong and sustainable position.
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