Today’s Top Crypto News, Thursday January 12th

Today’s Top Crypto News, Thursday January 12th

Sam Bankman-Fried’s Supersized Bet: $1 Billion for a Bitcoin Miner on the Kazakh Steppe– WSJ

Genesis Digital is one of the largest assets in the FTX-Alameda wreckage”

Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry’s Cruel Winter Continues– CoinDesk

The company is shedding 110 staffers in a bloody week of layoffs across the crypto sector.

FTX has recovered over $5B in cash and liquid crypto–Barron’s

“Previous reports suggested that FTX saw losses peak at nearly $9 billion in total liabilities.”

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