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Ripple explored markets outside the U.S. for its initial public offering, CEO Brad Garlinghouse told CNBC, blaming a “hostile” regulator.
However, the firm has put any plans for an IPO on hold for now, Garlinghouse said.
https://www.cnbc.com/2024/01/17/crypto-firm-ripple-explored-ipo-outside-us-but-wont-go-public-soon.html
The ETFs have traded almost $10 billion total over 3 days.
https://twitter.com/JSeyff/status/1747399535779836091
A federal court in the U.S. has accepted the validity of using information contained in a Bitcoin transaction to notify a defendant about a civil action.
The case, believed to be the first where this method is accepted, might help solve hundreds of cryptocurrency theft cases in which the attacker’s identity is unknown.
https://news.bitcoin.com/court-uses-bitcoin-blockchain-for-legal-summons-revolutionizing-defendant-notification/#google_vignette
DojoSwap announced the next project on its launchpad — Ninjaroll.
Ninjaroll is a decentralized gaming platform built on Injective.
Start: January 19, 9:00 UTC
Price: 0.000625 INJ ($0.25)
https://dojo.trading/launchpad
Binance will remove and cease trading on the following spot trading pairs:
At 2024-01-19 03:00 UTC: DAR/BNB, DEXE/ETH, ID/BNB, POLS/BTC.
https://www.binance.com/en/support/announcement/notice-of-removal-of-spot-trading-pairs-2024-01-19-44f3c7f4136b40dda2c93ad0ecc2c0a9
Nyan Heroes has announced its Early Access Play-to-Airdrop campaign.
https://nyanheroes.medium.com/nyan-heroes-early-access-play-to-airdrop-announcement-2024-11e4a88eecb7
The hearing on Coinbase’s Motion for Judgment on the Pleadings will be held on Wednesday, Jan 17.
https://x.com/metalawman/status/1746187846191321163
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.71T. Bitcoin is trading at $42.8K
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Elon Musk's X receives money transmitter license in Utah.
https://www.reuters.com/technology/elon-musks-x-receives-money-transmitter-license-utah-2024-01-15/
US SEC is willing to delay Terraform Labs trial for Do Kwon's extradition.
The SEC asked for April 15, to accommodate scheduling conflicts.
https://www.reuters.com/legal/us-sec-willing-delay-terraform-labs-trial-do-kwons-extradition-2024-01-15/
According to CoinGecko, over 50% of all cryptocurrencies have died. Of the over 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have died.
https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed
Manta Network has introduced its tokenomics.
https://mantanetwork.medium.com/manta-tokenomics-b226f911c84c
Binance has announced the 44th project on Binance Launchpool - Manta (MANTA).
Users will be able to stake their BNB and FDUSD into separate pools to farm MANTA tokens over two days, with farming starting from 2024-01-16 00:00 UTC.
Binance will then list MANTA at 2024-01-18 10:00 UTC and open trading with MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD and MANTA/TRY trading pairs.
https://www.binance.com/en/support/announcement/d408406a0b594b2d82206f7ea9ca60bc
South Korean payment service KakaoPay will stop providing cryptocurrency services from February 16.
https://www.kakaopay.com/news/notice_detail
Bithumb lists Radworks (RAD) and Magic (MAGIC).
The RAD price has increased by ~14% in 24 hours.
https://m-feed.bithumb.com/notice/1644416
Blast has announced a testnet and an airdrop for developers.
End of the testnet: February 16.
50% of the airdrop has been allocated to devs.
Mainnet is scheduled for the end of February.
https://twitter.com/Blast_L2/status/1747321127914151943
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has integrated Circle’s Cross-Chain Transfer Protocol (CCTP) to make it easy for users to transfer USDC across chains.
https://www.coindesk.com/tech/2024/01/16/chainlink-teams-up-with-circle-to-allow-cross-chain-stablecoin-transfers/
Solana Mobile has introduced the second smartphone.
▫️ 20,000 Sagas
▫️ The initial “Founder Window” preorder deposit is $450.
https://x.com/solanamobile/status/1747302707273089133
Bware Labs is the recipient of over 65k OP through Optimism’s RetroPGF Round 3.
https://x.com/bwarelabs/status/1746902664925913572
Manta Pacific beat Base in TVL and finished fourth in the Layer 2 rankings
https://l2beat.com/scaling/summary
Arthur Hayes believes Bitcoin ETFs could bring in billions from TradFi.
https://www.coindesk.com/markets/2024/01/16/arthur-hayes-believes-bitcoin-etfs-could-bring-in-billions-from-tradfi/
The TUSD stablecoin dropped to $0.985.
“The massive selloff of TUSD reveals panic for its holders over the uncertainties of its reserves and instability related to Poloniex. After a recent hacking incident that targeted Poloniex, TUSD holders find themselves in an increasingly difficult situation to find stability with the USD-pegged stablecoin,” Nick Ruck, chief operating officer of ContentFi Labs, told The Block.
https://www.theblock.co/post/272736/trueusd-drops-below-1-peg-to-0-985-amid-selloff
Solana Mobile plans to launch a second smartphone, a person familiar with the matter said.
The upcoming phone will have the same basic features as its predecessor, called Saga: an onboard crypto wallet, custom Android software and a "dApp store" for crypto applications – but at a cheaper price point and with different hardware, the person said.
https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/
Fantom reduced the validator self-stake requirement from 500k to 50k FTM.
https://x.com/fantomfdn/status/1746929222202118345
XION unveils Generalized Abstraction Testnet ahead of Mainnet in Q1 2024.
Previously, it raised $11M and is backed by Circle Ventures, Multicoin, Animoca, Spartan, HashKey and more.
https://x.com/burnt_xion/status/1746910163645112445
Mercedes-Benz has unveiled an update to its in-car virtual assistant that includes an NFT gallery and AI voice assistant.
https://group.mercedes-benz.com/innovation/product-innovation/technology/ces-2024.html
💧Top Funding Rounds in the Last Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
Binance Research introduced a study of 2023 trends and promising trends in 2024.
https://www.binance.com/en/research/analysis/full-year-2023-and-themes-for-2024
A United Nations report published Monday suggested that USDT has become a payment method for money laundering and scams in Southeast Asia, according to the Financial Times.
https://www.theblock.co/post/272568/usdt-fraud-southeast-asia-united-nations
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.70T. Bitcoin is trading at $42.6K
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