Australian cryptocurrency exchange Digital Surge has been bailed out after creditors approved a long-term recovery plan.

The action four years ago coincided with the Fed taking its foot off the tightening pedal. Bitcoin has rallied almost 40% in January and the Fed plans slower rate increases

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Coinbase’s reputation as one of the more trustworthy exchanges in the U.S. has helped it following the collapse of rival FTX.

Mike Belshe, CEO of BitGo, outlines a modest, five-pronged approach to sensible regulation of crypto in the U.S. which could have prevented FTX.

The company will use the fund to expand its bitcoin mining facilities amid strong demand for hosting.

The court action seeks damages from the Bitcoin Cash backer Roger Ver related to the alleged failure to settle cryptocurrency options transactions that expired on Dec. 30, 2022.

If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave’s first and largest market.

Also: Binance mixed customer funds with B-Token collateral ‘by mistake.’ Equities closed mixed.

The challenge is part of a week-long educational game that has received support from 12 major partners, including Blockstream, Trezor, BTCPay and others.