🗞 CryptoNews of the Day 🗞
Solana-based DEX Jupiter Flips Uniswap in Trading Volume: Solana-based decentralized exchange (DEX) Jupiter has surpassed the combined trading volume of Uniswap V2 and V3 protocols, reaching $480 million in the last 24 hours.
👉Details: https://coinmarketcap.com/academy/article/solana-based-dex-jupiter-flips-uniswap-in-trading-volume
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ARK Invest Sells Bitcoin Futures ETF, Buys $65M Worth of its Own Spot BTC ETF: ARK Invest, the investment firm led by Cathie Wood, has made significant adjustments to its cryptocurrency portfolio in recent weeks, selling shares of the Bitcoin Futures ETF.
👉Details: https://coinmarketcap.com/academy/article/ark-invest-sells-bitcoin-futures-etf-buys-dollar65m-worth-of-its-own-spot-btc-etf
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Ethereum Scaling Protocol AltLayer Airdrops $100M Worth of Tokens: AltLayer, a decentralized protocol that enables Ethereum developers to deploy rollups and other scaling solutions, has launched its ALT airdrop.
👉Details: https://coinmarketcap.com/academy/article/ethereum-scaling-protocol-altlayer-airdrops-dollar100m-worth-of-tokens
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Shanghai's Pudong New Area To Pilot Digital Yuan and Transform Into International Hub: Shanghai's Pudong New Area is set to undergo a comprehensive modernization plan.
👉Details: https://coinmarketcap.com/academy/article/shanghais-pudong-new-area-to-pilot-digital-yuan-and-transform-into-international-hub
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UK Remains Undecided on Digital Pound Due to Privacy Concerns: Privacy concerns stall UK central bank digital pound plans.
👉Details: https://coinmarketcap.com/academy/article/uk-remains-undecided-on-digital-pound-due-to-privacy-concerns
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North Korean-Linked Hacks Saw Less Value Despite More Exploits: Report: Despite ramping up their efforts and expanding their target range, hacking groups linked to North Korea, such as Kimsuky and Lazarus Group, experienced a decrease.
👉Details: https://coinmarketcap.com/academy/article/north-korean-linked-hacks-saw-less-value-despite-more-exploits-report
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Telecom Giant Telefónica and Helium Network Partners To Expand in Mexico: Telecommunications giant Telefónica has announced that it will use blockchain technology to reduce infrastructure costs and expand its mobile coverage in Mexico.
👉Details: https://coinmarketcap.com/academy/article/telecom-giant-telefonica-and-helium-network-partners-to-expand-in-mexico
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Animoca Brands-Backed Gamee Hit With Exploit, Loses $15M Worth of Tokens: Gamee, a blockchain gaming project, was hit with an exploit on Tuesday, resulting in the hackers gaining “unauthorized access” to the Gamee token (GMEE) contracts on Polygon.
👉Details: https://coinmarketcap.com/academy/article/animoca-brands-backed-gamee-hit-with-exploit-loses-dollar15m-worth-of-tokens s
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SEC Commissioner Hester Peirce: No Lawsuit Needed for Spot Ethereum ETF Approvals: Hester Peirce, a commissioner at the United States Securities and Exchange Commission (SEC), has stated that the SEC should not require a lawsuit to approve spot Ethereum (ETH).
👉Details: https://coinmarketcap.com/academy/article/sec-commissioner-hester-peirce-no-lawsuit-needed-for-spot-ethereum-etf-approvals
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Avalanche Foundation Reveals Memecoin Selection Criteria in $100 million Culture Catalyst Program: The Avalanche Foundation, the non-profit organization overseeing the development of the Avalanche network, has announced the criteria for selecting meme coins.
👉Details: https://coinmarketcap.com/academy/article/avalanche-foundation-reveals-memecoin-selection-criteria-in-dollar100-million-culture-catalyst-program
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Altcoin Crypto Funds Like Ethereum and Solana See Outflows After Bitcoin ETFs Launch: A new report from digital asset fund manager CoinShares reveals that investors are withdrawing funds from high-profile crypto funds.
👉Details: https://coinmarketcap.com/academy/article/altcoin-crypto-funds-like-ethereum-and-solana-see-outflows-after-bitcoin-etfs-launch
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Meta Gets Questioned Over Digital Assets Plans by US Rep Maxine Waters: The United States House Financial Services Committee is pressuring Meta, the parent company of Facebook, Instagram and WhatsApp, to disclose its plans related to blockchain.
👉Details: https://coinmarketcap.com/academy/article/meta-gets-questioned-over-digital-assets-plans-by-us-rep-maxine-waters
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Bitcoin Drops Below $40,000 As Investors Cash Out of GBTC: Bitcoin (BTC) has continued its downward trajectory over the past week, dropping below the $40,000 mark for the first time in over two weeks.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-drops-below-dollar40000-as-investors-cash-out-of-gbtc
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Dogecoin Surges As Speculation Mounts Around Potential X Payments Integration: Dogecoin price spikes on rumors of integration with Elon Musk's X payments platform.
👉Details: https://coinmarketcap.com/academy/article/dogecoin-surges-as-speculation-mounts-around-potential-x-payments-integration
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US Virginia State Senator Proposes Bill Protecting Digital Asset Miners and Validators: The Virginia State Senate has introduced legislation that aims to establish a comprehensive regulatory framework for the mining and transactions of digital assets.
👉Details: https://coinmarketcap.com/academy/article/us-virginia-state-senator-proposes-bill-protecting-digital-asset-miners-and-validators
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Bitcoin Could Crash to $30K, According to VC and Ex-ARK Crypto Head Burniske: Chris Burniske, partner at venture capital firm Placeholder and former crypto lead at ARK Invest, has suggested that Bitcoin (BTC) could experience further declines.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-could-crash-to-dollar30k-according-to-vc-and-ex-ark-crypto-head-burniske
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Swiss Crypto Bank Sygnum Raises $40M, Nearing Unicorn Status: Sygnum, a leading crypto banking group headquartered in Switzerland, has successfully closed a $40 million funding round, propelling its valuation to $900 million.
👉Details: https://coinmarketcap.com/academy/article/swiss-crypto-bank-sygnum-raises-dollar40m-nearing-unicorn-status
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Swan Bitcoin Launches Mining Venture, Plans For Public Listing: Swan Bitcoin, a Bitcoin-focused financial services firm, has disclosed the launch of its Bitcoin mining venture, Swan Mining, which has been operating in stealth mode since last summer.
👉Details: https://coinmarketcap.com/academy/article/swan-bitcoin-launches-mining-venture-plans-for-public-listing
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11 Publicly-Listed Bitcoin Miners May Not Mine Profitably After Halving: Report: A recent analysis by financial services firm Cantor Fitzgerald has raised concerns among Bitcoin miners.
👉Details: https://coinmarketcap.com/academy/article/11-publicly-listed-bitcoin-miners-may-not-mine-profitably-after-halving-report
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Popular Solana-Based Memecoin Dogwifhat Soars After Listing on Bitget: In a remarkable surge, Solana memecoin Dogwifhat (WIF) skyrocketed almost 50% in the past day, reaching a price of $0.34.
👉Details: https://coinmarketcap.com/academy/article/popular-solana-based-memecoin-dogwifhat-soars-after-listing-on-bitget
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OKX Promises To Compensate Users After Native Token 50% Flash Crash: In a sudden turn of events, OKB, the native token of crypto exchange OKX, experienced a steep drop in value on Tuesday.
👉Details: https://coinmarketcap.com/academy/article/okx-promises-to-compensate-users-after-native-token-50percent-flash-crash
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SEC Delays BlackRock’s Spot Ethereum ETF Decision: The United States Securities and Exchange Commission (SEC) has delayed its decision on BlackRock's proposed spot Ether (ETH) exchange-traded fund (ETF).
👉Details: https://coinmarketcap.com/academy/article/sec-delays-blackrocks-spot-ethereum-etf-decision
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Magic Eden Launches New Program Rewarding Users With NFT Token: Magic Eden, the prominent cross-chain NFT marketplace, is undergoing a major transformation.
👉Details: https://coinmarketcap.com/academy/article/magic-eden-launches-new-program-rewarding-users-with-nft-token
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Canadian Court Strikes Down Emergency Law Used by Government To Freeze Trucker Protest Funds: In a decision on January 23, the Federal Court of Canada has ruled.
👉Details: https://coinmarketcap.com/academy/article/canadian-court-strikes-down-emergency-law-used-by-government-to-freeze-trucker-protest-funds
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🗞 CryptoNews of the Day 🗞
‘Quantum Cat’ Bitcoin Ordinals Sold for $250K at Sotheby’s: Sotheby's, the renowned auction house, announced on Monday the successful sale of a Bitcoin Ordinals inscription from the Quantum Cat project for over $250,000.
👉Details: https://coinmarketcap.com/academy/article/quantum-cat-bitcoin-ordinals-sold-for-dollar250k-at-sothebys
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Hackers Use Pirated Software on MacOS To Infect Bitcoin Wallets With Malware: Kaspersky Labs has uncovered a new family of trojan proxies that target macOS users and steal their Bitcoin and crypto wallets.
👉Details: https://coinmarketcap.com/academy/article/hackers-use-pirated-software-on-macos-to-infect-bitcoin-wallets-with-malware
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Honda Drives into Blockchain Gaming with Life Beyond Partnership: Honda teams up with Darewise and Animoca Brands to bring branded vehicles into the upcoming web3 game Life Beyond.
👉Details: https://coinmarketcap.com/academy/article/honda-drives-into-blockchain-gaming-with-life-beyond-partnership
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Gaming Blockchain Ronin’s Mobile Wallet Adds Ethereum, Polygon, BNB Chain Support: Sky Mavis, the creator of the popular play-to-earn NFT game Axie Infinity, has announced a significant upgrade to the Ronin blockchain's official crypto wallet.
👉Details: https://coinmarketcap.com/academy/article/gaming-blockchain-ronins-mobile-wallet-adds-ethereum-polygon-bnb-chain-support
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FTX Will Be Investigated by Independent Examiner, According to Third Circuit Court of Appeals: The Third Circuit Court of Appeals in Philadelphia has ruled that FTX must undergo an independent investigation by an examiner, overturning a previous decision by a Delaware bankruptcy judge.
👉Details: https://coinmarketcap.com/academy/article/ftx-will-be-investigated-by-independent-examiner-according-to-third-circuit-court-of-appeals
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