Bitcoin is down .5% at $50,625
Ethereum is up slightly at $3,999
and Binance Coin is down slightly at 606.

Dogecoin up 29%
Polygon up 24%
Ethereum classic, up 21%

Facebook’s Libra project pivots to Diem, pivots back to the US, and pivots to a USD stablecoin.

The IRS warns that the agency can seize people’s crypto assets to settle unpaid taxes.

DeFi protocol xToken exploited for $24.5M.

The Colonial Pipeline paid the $5M crypto ransom soon after the attack.

Links:

• IRS Seizing Crypto Assets to Pay Off Tax Debts, Official Says
• Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom - Bloomberg
• Attacker uses flash loans in $24.5 million exploit of DeFi protocol xToken
• xToken on Twitter: "Our initial report on today's exploit. More details in the coming days. https://t.co/ZadHCUTqEK" / Twitter
• Diem Announces Partnership with Silvergate and Strategic Shift to the United States