*#whatsupwithweb3* on _31 January 2024_ *_NFA, DYOR_* *Buzzword of the Day* $LINEA Still Green 💚 *News* FTX Founder’s Parents Seek Presidential Pardon Through Trump Connections https://blockonomi.com/ftx-founders-parents-seek-presidential-pardon-through-trump-connections/ UK rule change boosts crypto staking following series of setbacks https://www.dlnews.com/articles/regulation/uk-rule-change-boosts-crypto-staking-following-series-of-setbacks/ Thodex Founder Granted Partial Release in $2 Billion Crypto Fraud Case https://decrypt.co/303793/thodex-founder-partial-release-2-billion-crypto-fraud Ex-SEC counsel expects token classifications, custody guidance soon https://blockworks.co/news/key-sec-regulatory-expectations Silk Road Founder Ross Ulbricht Loses $12M in Crypto Liquidity Blunder https://coingape.com/trending/silk-road-founder-ross-ulbricht-loses-12m-in-crypto-liquidity-blunder/ Stablecoin volumes surpassed Visa and Mastercard combined in 2024 https://cointelegraph.com/news/stablecoins-beat-visa-mastercard-2024-volume Czech Central Bank to pursue studying Bitcoin reserves despite ECB opposition https://cryptoslate.com/czech-central-bank-to-pursue-studying-bitcoin-reserves-despite-ecb-opposition/ *Security and Scam Updates* UFC Instagram account hacked to promote memecoin https://protos.com/ufc-instagram-account-hacked-to-promote-memecoin/ *Project Updates* Sei Foundation launches $65 million DeSci venture fund 'Sapien Capital' https://www.theblock.co/post/337808/sei-foundation-desci-venture-fund-sapien-capital *Raises and Funding* Solaxy Raises $15M for Solana’s First Layer-2 Solution to Tackle Network Congestion https://news.bitcoin.com/solaxy-raises-15m-for-solanas-first-layer-2-solution-to-tackle-network-congestion/