On January 13, Tether announced plans to relocate its headquarters and subsidiaries to El Salvador after securing a digital asset service provider license. The company praised El Salvador's progressive regulatory environment as a motivating factor. In related news, crypto exchange-traded products (ETPs) saw only $47 million in inflows last week amidst significant outflows of around $940 million, attributed to new macroeconomic data indicating a more hawkish stance from the US Federal Reserve. Inflows for Bitcoin investment products, however, totaled $213 million despite experiencing the largest outflows by other digital assets. In another alarming development, SlowMist revealed that over seven million OpenSea user emails that were leaked in 2022 have now emerged online, posing increased risks for phishing and scams as scammers could exploit this information. SlowMist highlighted that these email addresses had previously remained private until now, amplifying security concerns for those affected.

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