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The past week also recorded a steady hold of Bitcoin above the $22,000 level, while the global market cap still maintained its trillion-dollar status. What were the top crypto updates last week? Let's dive in.<h2 id="header-0">Celsius might restructure and issue new crypto tokens.</h2>Bloomberg reported that the failing crypto lender Celsius could soon reorganize and issue a crypto token to reimburse users.According to Celsius’ lawyers, they intend to rebrand themselves as a new, publicly traded "recovery corporation" to exit the bankruptcy process, which they estimate will take "months."The new, relaunched version would be "a publicly-traded company that is properly licensed," which would supposedly provide more money to creditors than simply liquidating the company.<h2 id="header-1">FTX owes many large companies, including governmental bodies.</h2>A more than 150-page document that reveals the complete list of creditors owed money by the bankrupt cryptocurrency exchange FTX has been released. The document shows a myriad of companies and government entities caught off guard by its collapse.Although the names of over 9 million customers were not included, the document contains companies from airlines, hotels, charities, banks, venture capital firms, media outlets, and crypto companies, along with U.S. and international government agencies.<h2 id="header-2">US authorities keep striving to protect crypto investors.</h2>The U.S. Justice Department revealed the outcomes of a months-long operation with the Federal Bureau of Investigation that actively obstructed the Hive ransomware group’s operations. The agency said that the HIVE group had targeted banks, hospitals, and schools in more than 80 nations. Also, the international ransomware network is responsible for extorting and attempting to extort hundreds of millions of dollars from victims.Hive was behind a series of notorious ransomware incidents, such as the April to May 2022 Costa Rica public health service and social security fund cyberattack.<h2 id="header-3">FTX’s probe continues</h2>Authorities in the United States continue to make greater efforts to locate assets associated with the bankrupt FTX crypto exchange.A January 26 Bloomberg report showed that FTX’s lawyers requested that Judge John Dorsey in the District of Delaware allow them to question the father, mother, and brother of SBF, respectively, under oath about any financial benefits they may have received from the exchange. This could also extend to other top officials of the now-defunct crypto empire.Moreover, court documents filed on Jan. 27 revealed that the Department of Justice (DOJ) had asked United States District Court Judge Lewis Kaplan to ban Bankman-Fried from communicating with "current or former employees" of FTX or Alameda.<h2 id="header-4">Argo Blockchain misled investors?</h2>Argo Blockchain, one of the top cryptocurrency miners in the world, was hit with a class-action lawsuit for making false claims in its publications to investors. The miner was charged with omitting crucial information during its initial public offering (IPO) in September 2021.The court documents claim the firm failed to disclose how susceptible it was to capital constraints, electricity costs, and network difficulties.However, the investors claim the business was "less sustainable" than they had been led to believe, which led to an overstatement of the miner’s financial prospects.<h2 id="header-5">Friktion, Solana's decentralized finance (DeFi) platform, has shut down its user platform.</h2>On January 27, Solana decentralized finance (DeFi) platform Friktion announced the shutting down of its user interface and told users to withdraw their assets from the protocol. The announcement says that it has been a tough market for DeFi growth in recent months.In short, Friktion is one of the victims of the series of crises in 2022—from the LUNA crash to the FTX fall as well as the Solana network’s outages.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e6c5734f051549bbb3f789bec9889b35.png"><h2 id="header-6">This week in MelegaSwap</h2>We are pleased to announce the listing of the following crypto tokens on MelegaSwap Farm and Pool. This means you can now go to <a href="https://melega.finance/" rel="noopener noreferrer nofollow">Melega Finance</a>, trade them, stake your desired pairs, and earn rewards with high percentages and low risks in return.<a href="https://belifex.com/" rel="noopener noreferrer nofollow">Belifex (BEFX)</a>Belifex Blockchain Solutions is an open-source public blockchain and cryptocurrency project. With the project’s MVP, BeliPay, the ultrasonic speed gateway/processor platform, this project will usher in a new era.Belifex and its payment platform provide e-commerce and website establishments with revolutionary options to accept payments as well as pay invoices.<a href="https://lira.financial/" rel="noopener noreferrer nofollow">Lira (LIRA) Utility Token</a>Lira is a utility token used to purchase goods or services. The coin is currently deployed on numerous leading blockchain networks, including Ethereum, BSC, Cronos, Polygon, Solana, and so on.The ecosystem contains NFT collections, whose 50 percent of revenues is for development and marketing, while the remaining 50 percent is for liquidity pools which may include buyback and burn.<a href="https://www.fwctoken.io/" rel="noopener noreferrer nofollow">Football World Community (FWC)</a>Football World Community (FCW) is a relatively young project that started in the name of a meme by developers and marketers with a vision.It quickly proved itself to be a brand known for Sports development and community building. Although the original creators have since moved on, the true identity of the token has remained. FWC is a community-driven football project that has proven the capability of building amazing utilities.<a href="https://snowflaketoken.io/" rel="noopener noreferrer nofollow">SnowFlake token (SFE)</a>Snowflake Token (SFE) is a decentralized token that serves the planet. It is a decentralized token that integrates profit with a good cause. Trees are nature’s way of absorbing CO2 from the atmosphere. It means that as CO2 emission increases so does the need for more trees grows.<a href="https://crypto4ac.net/" rel="noopener noreferrer nofollow">Crypto 4 A Cause Fund v2</a><a href="https://crypto4ac.net/" rel="noopener noreferrer nofollow"> (C4Cv2)</a>Crypto 4 A Cause Fund v2 (C4Cv2) is an upgrade from C4C token which aims to revolutionize charitable giving by leveraging the power of blockchain technology.<a href="https://www.dogebit.online/" rel="noopener noreferrer nofollow">DogeBit (DOG</a>)The DogeBit (DOG) token is a currency that allows investors to keep millions in their wallets.<a href="https://www.swapdepot.net/" rel="noopener noreferrer nofollow">SWAPX (SPX)</a>SWAPX (SPX) is a peer-to-peer crypto currency that can be used as a digital payment. Like USD, SWAPX will eventually be used to purchase online goods or peer-to-peer (p2p) forms of payments. The exchange platform allows all users to leverage one of the fastest blockchain networks available–Binance Smart-Chain (BSC).<h3 id="trending-projects">TRENDING PROJECTS</h3>Here are the crypto projects that increased the number of farms on MelegaSwap:● <a href="https://lira.financial/" rel="noopener noreferrer nofollow">Lira (LIRA)</a>● <a href="https://gpaycoins.com/" rel="noopener noreferrer nofollow">Global Payment Currency Electronic (GPAY)</a>● <a href="https://www.2gcc.eu/" rel="noopener noreferrer nofollow">2G Carbon Coin (2GCC)</a>● <a href="https://hashbit.org/" rel="noopener noreferrer nofollow">HashBit Blockchain (HBIT)</a>● <a href="https://www.masterm.world/" rel="noopener noreferrer nofollow">MasterM (MXMX)</a><h2 id="header-7">•••</h2><h2 id="header-8">Trade with the best AMM Decentralized Exchange (DEX).</h2>Do you want to buy, sell, and invest in cryptocurrencies in 2023 while also having 100% control over your crypto assets? If yes, then Melega Finance is for you. MelegaSwap is a leading automated market maker (AMM) decentralized exchange that provides users with a variety of options to trade and earn free tokens at extraordinarily high-interest rates and low charges.At Melega, nobody manages your funds for you because you manage them directly from your personal wallet, while smart contracts transparently take care of everything else.Learn More About the Melega EcosystemWebsite: <a href="https://melegaswap.finance/" rel="noopener noreferrer nofollow">https://melegaswap.finance</a>Telegram: <a href="https://t.me/melegacommunity" rel="noopener noreferrer nofollow">https://t.me/melegacommunity</a>Twitter: <a href="https://twitter.com/meleganza" rel="noopener noreferrer nofollow">https://twitter.com/meleganza</a>Instagram: <a href="https://www.instagram.com/melega.finance/" rel="noopener noreferrer nofollow">https://www.instagram.com/melega.finance/</a>YouTube: <a href="https://www.youtube.com/channel/UC_kjHoXOkPSSB4HeHNZMq-Q" rel="noopener noreferrer nofollow">Melega Finance Official</a>DAPP: <a href="https://melega.finance/" rel="noopener noreferrer nofollow">https://melega.finance/</a>Crypto Services Hub: <a href="https://melega.space/" rel="noopener noreferrer nofollow">https://melega.space/</a>

Jan 22-28 Weekly Recap: Celsius to issue new tokens; Twitter hacks; FTX probe continues; a new shutdown

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