Messari lays off roughly 15% of staff amid industry-wide cuts, CEO Turner confirms
https://www.theblock.co/post/334094/messari-lays-off-roughly-15-of-staff-amid-industry-wide-cuts-ceo-turner-confirms
CFTC Enforcement Director Ian McGinley is leaving the agency.
He led enforcement actions against Binance, KuCoin, Falcon Labs and others.
https://www.coindesk.com/policy/2025/01/10/u-s-enforcement-chief-behind-cftc-crypto-cases-exits-before-trump-arrives
FDIC Vice Chair Travis Hill said he expects the agency, which insures deposits in U.S. banks, to take a more “open-minded approach” to technology and called for more guidance on digital assets in a speech posted on Friday.
Hill’s remarks follow concerns from some in the crypto industry that the FDIC had asked financial institutions to pause crypto-related activity.
https://www.theblock.co/post/334086/fdic-vice-chair-urges-more-open-approach-to-crypto-slams-choke-point-like-tactics
Tether Wants to Hire AI Filmmakers
https://www.bloomberg.com/news/newsletters/2025-01-09/crypto-company-tether-wants-to-hire-ai-filmmakers-bloomberg-crypto
The U.S. Consumer Financial Protection Bureau is looking for public input on proposed rules aimed at giving consumers more protections against fraud in crypto transactions.
Comments on the CFPB's proposed rules are due on March 31, 2025.
https://www.theblock.co/post/334092/us-consumer-financial-protection-bureau-is-asking-for-feedback-on-new-rules-to-protect-crypto-users
Grayscale has updated its list of assets under consideration for Q1 2025
https://www.grayscale.com/blog/general-updates/assets-under-consideration-current-products
Powerloom (POWER) trading has started on Kucoin, Gate and MEXC.
POWER is now trading at ~$0.31
FDV: ~$310M
https://www.kucoin.com/trade/POWER-USDT
Members from Coinbase, Google, a16z and others launched the Aiccelerate DAO to develop AI crypto projects
https://x.com/aicceleratedao/status/1877362656585331050
Stacks Network completes a 500% increase in network bandwidth.
The tenure-extend feature of nakamoto that increases network capacity has been live on mainnet.
Core devs plan to work on several other optimizations in 2025.
https://x.com/muneeb/status/1877609324119216361
Theta Network has introduced the Theta 2025 Roadmap
Theta plans to launch AI Agents and develop the EdgeCloud cloud architecture.
https://medium.com/theta-network/introducing-the-theta-2025-roadmap-c0745ab754de
Standard Chartered is reportedly now set to offer Bitcoin and crypto custody services in the European Union (EU).
https://watcher.guru/news/standard-chartered-to-offer-bitcoin-crypto-custody-service-in-eu
The crypto market is down
BTC Dominance - 56.32%
Market Cap - $3.29T
BTC - $93,779.72 (-0.27%)
ETH - $3,257.36 (-2%)
XRP - $2.29 (-2.41%)
BNB - $688.54 (-1.1%)
SOL - $189.64 (-2.42%)
INJ - $21.2 (-0.92%)
TON - $5.2 (-1.59%)
SUI - $4.84 (+1.38%)
https://dropstab.com
Circle has contributed 1M USDC to President Trump's Inaugural Committee.
https://x.com/jerallaire/status/1877341550327332976
Bridged USDC is now live on Sonic Labs
https://x.com/circle/status/1877399941141676447
Ozean, the blockchain for RWA yield being launched by Clearpool, has announced the integration of Lido’s wstETH onto Oxygen, the innovative RWA liquidity layer on Ozean.
https://x.com/clearpoolfin/status/1877324450972184794
Kenya is officially preparing to legalize cryptocurrency trading in the country, including Bitcoin, according to officials.
https://watcher.guru/news/kenya-to-legalize-bitcoin-and-other-crypto
The North Dakota State Legislature introduced a resolution aimed at investing “select state funds in digital assets and precious metals.”
https://decrypt.co/300499/north-dakota-considers-state-bitcoin-treasury
Animoca Brands has partnered with Virtuals Protocol
https://x.com/animocabrands/status/1877705704729202869
The crypto market is neutral
BTC Dominance - 56.40%
Market Cap - $3.31T
BTC - $94,189.09 (+0.36%)
ETH - $3,237.12 (-0.52%)
XRP - $2.33 (+1.61%)
BNB - $691.48 (+0.32%)
SOL - $186.21 (-1.68%)
INJ - $21.37 (+0.53%)
TON - $5.38 (+3.28%)
SUI - $5.06 (+4.1%)
https://dropstab.com
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Binance will list aixbt by Virtuals (AIXBT), ChainGPT (CGPT), Cookie DAO (COOKIE) at 2025-01-10 13:00 UTC.
https://www.binance.com/en/support/announcement/binance-will-list-aixbt-by-virtuals-aixbt-chaingpt-cgpt-cookie-dao-cookie-with-seed-tag-applied-6a15c90f03434e5a8ff710b07ec9519e
Synthetix has set its perpetual markets on Arbitrum to close-only mode, meaning traders can no longer open new positions or increase existing ones.
The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase’s Base network.
https://www.theblock.co/post/333973/synthetix-sunsets-v3-perps-on-arbitrum-to-focus-solely-on-base
Renzo has introduced bzSOL: Restaked Binance Staked SOL
Minting available for 24 hours on Jan 14th
https://x.com/RenzoProtocol/status/1877536181573005430
Lummis poised to lead newly created Senate digital assets subcommittee
https://www.theblock.co/post/333918/lummis-poised-to-lead-newly-created-senate-digital-assets-subcommittee
Coinbase is warning customers that the CFTC is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data.
https://www.coindesk.com/policy/2025/01/09/polymarket-s-customer-data-sought-by-cftc-subpoena-of-coinbase-source-says
Google and Microsoft donate $1m each to Trump’s inaugural fund
https://www.theguardian.com/technology/2025/jan/09/google-microsoft-donate-trump-inaugural-fund
0G Foundation raises $30M selling AI nodes
Node operators will receive up to 15% of the 0G token’s supply over the next three years.
https://cointelegraph.com/news/0g-foundation-raises-30-million-selling-ai-nodes
Coinbase will add support for Aerodrome Finance, Beam, and Drift perpetual futures on Coinbase International Exchange and Coinbase Advanced.
The opening of AERO-PERP, BEAM-PERP, and DRIFT-PERP markets will begin on or after 9:30 UTC 16 JAN 2025.
https://x.com/CoinbaseIntExch/status/1877384937885552945
MANTRA entered an agreement with United Arab Emirates-based property conglomerate DAMAC Group to bring at least $1 billion of the firm's assets to blockchain rails.
Notably, President-elect Donald Trump said earlier this week during a press conference that DAMAC laid out plans for a $20 billion investment in data centers across several U.S. states.
https://www.coindesk.com/business/2025/01/09/mantra-blockchain-to-tokenize-1-b-of-real-world-assets-for-uae-based-property-firm-damac
https://x.com/MANTRA_Chain/status/1877355756237791619