CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about:

• Bloomberg has reported that hackers have stolen $21 million BTC and $15 million ETH from accounts held with IRA Financial Trust, citing an anonymous source.

• During a hearing on stablecoins from the President’s Working Group on Financial Markets saw Nellie Liang, the Treasury undersecretary and person who spearheaded the PWG report on stable coin speak.

• New Jersey Rep. Josh Gottheimer has released an early draft of legislation that is aimed at placing definitions around stablecoins.

• SIMBA Chain announced its acquisition StrongSalt, and will use this to scale its privacy and secure storage-focused offerings, while fully integrating high-performance data functionalities for its customer base, this effort will initially be based around its NFTs products.

• NYSE has filed with the U.S. Patent and Trademark Office, dated Feb. 10, indicated plans for an NYSE-branded cryptocurrency and a marketplace to buy, sell and trade NFTs.

• CryptoPunk #5822 sold for a record-breaking 8,000 ETH ($23.7 million), making it the highest-selling CryptoPunk to date.

• ConocoPhillips is selling extra flare gas to bitcoin miners in North Dakota, with the company currently running one Bitcoin pilot project.

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