23andMe on the Blockchain?

5. Galaxy Digital Agrees to Settle With New York For LUNA Manipulation

Michael Novogratz’s $GLXY.TSX ( ▼ 0.05% ) has been ordered to pay New York State $200 million after being accused of manipulating the price of luna, the token tied to the now-failed algorithmic stablecoin Terra that collapsed during the FTX fallout. Now, the case was settled with Galaxy neither admitting nor denying the state’s findings. So you could either read this as they were guilty, or that they wanted this case behind them as quick as possible as they gear for an uplisting. Regardless… the tattoo didn’t help.

4. Galaxy Digital Also Reports Q4 Earnings

The company reported net income of $341 million in Q4 2024 and $531 million for the full year (excluding the settlement from above). The company also reported a 15-year lease agreement with CoreWeave through it’s Helios datacenter.

3. Sei Foundation Explores Buying 23andMe to Put Genetic Data on Blockchain

One day after 23andMe received clearance from a judge to put itself up for sale following its bankruptcy, the Sei Foundation said it is in "the process of placing its boldest DeSci bet yet" by exploring the acquisition of the genetic testing company.

2. Paul Atkins Gets Grilled (Sorta)

Paul Atkins, poised to replace Gary Gensler as head of SEC, appeared before the Senate Banking Committee yesterday – though only a few questions were related to crypto. Atkins, who is widely expected to be a far friendlier regulator to crypto companies, pledged for a clearer regulatory foundation for digital assets, through a “rational, coherent, and principle approach.” Next up? A committee vote before a full Senate confirmation.

1. Investor Skepticism on GameStop's BTC Decision

It appears that investors were skepitcal about GameStop's pivot toward being a bitcoin play. Shares of the video-game retailer surged 12% on Wednesday in the wake of the news. By the end of yesterday though $GME ( ▼ 0.76% ) shares were down 22%. In total, the company shed $3 billion in market cap in its largest drop since last June.