1. OpenSea reimbursed approximately $1.8M to users following Monday’s bug. The bug affected users who had transferred their previously listed NFTs, listing them at their earlier listed price. OpenSea has since added a “Listings” tab on users’ profiles that allows them to review both active and inactive listings.
2. Finder’s panel of 33 fintech specialists has forecasted that the price of bitcoin will peak at about $94K before ending the year above $76K. In addition, the panel expects the price of the cryptocurrency to reach $192,800 in 2025 and $406,400 in 2030.
3. A bill recently put forward in Arizona aims to turn Bitcoin into a form of legal tender within the state. The bill is unlikely to succeed, as the U.S. constitution seemingly prevents states from declaring assets legal tender.
4. On Friday, Crypto.com announced the company has inked a multi-year partnership with LeBron James and the LeBron James Family Foundation (LJFF). The crypto trading platform notes that the partnership will bolster things like “educational empowerment,” providing access to tools that help build “Web3, and the future of the internet.”
5. Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Data shows on January 27, 2022, an attacker siphoned a number of tokens from an exploit on Qubit Finance’s bridge and Certik says the hack is “by far the largest exploit of 2022 to date.”