Themed club nights and watch parties. Thousands of e-book downloads from the New York Public Library. A crowd gathered in Tompkins Square Park for a scream-sing-along in the freezing cold. In New York, as everywhere, the “Heated Rivalry” phenomenon has swept through town, including among fans looking to recreate some of its magic — on […]

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Jill R Shah / Financial Times:
Tether CEO Paolo Ardoino says initial plans to raise $15B to $20B were a “misconception”; sources say Tether's advisers have floated raising as little as $5B  —  CEO Paolo Ardoino downplays the scale of $185bn stablecoin group's capital raise  —  Tether's chief executive …

BBC:
Pinterest fires two employees who it says “wrote custom scripts” that accessed confidential info to track which workers lost their jobs during recent layoffs  —  Pinterest has sacked two engineers for tracking which workers lost their jobs in a recent round of layoffs.

Sam Reynolds / CoinDesk:
A US judge sentences Rui-Siang Lin, who pled guilty to operating the $105M+ dark web narcotics marketplace Incognito Market, to 30 years in US federal prison  —  U.S. prosecutors say the Taiwanese operator of the $105 Million Incognito Market used cryptocurrency and anonymity tools …

David Pan / Bloomberg:
Galaxy Digital reports a Q4 net loss of $482M, above $282M est., driven primarily by the crypto market crash, and says its trading volumes declined ~40% QoQ  —  Billionaire Michael Novogratz said he remains optimistic even after Galaxy Digital Inc. posted a wider-than-expected loss …