This week’s crypto market highlights
2 min readJan 31, 2025
- According to Governor Aleš Michl, the Czech National Bank will evaluate the possibility of diversifying the national reserve by investing in BTC. Michl proposed allocating up to 5% of the Bank’s €140 billion reserves to Bitcoin. He noted he had “a totally different philosophy” compared to his more conservative colleagues. “… if you compare my position with other bankers, then I’m the one entering the jungle, or the pioneer. I used to run an investment fund, so I’m a typical investment banker. I would say, I like profitability,” Michl explained.
- Actor Dean Norris, best known for his portrayal of Hank Schrader on ‘Breaking Bad,’ got his X account hacked. Scammers created a post announcing the launch of Norris’ name token, $DEAN. They also shared an external link that anyone could use to purchase the memecoin. Dean Norris said that he had not learned about the scam immediately, for he was not a frequent social media user. The post has been deleted, and the actor has regained access to his X account.
- French authorities launched an investigation into Binance. The allegations include money laundering, drug trafficking, and tax fraud. According to the Paris Public Prosecutor’s Office, the investigation covers activities from 2019 to 2024, including crimes committed in France and other countries of the European Union. The prosecution reports that earlier, Binance users complained about money losses caused by incorrect data provided by the crypto exchange.
