Monat: Januar 2023

• Flare Networks CEO Hugo Philion shared his perspective on Flare’s FIP01 proposal, which aimed to improve the token distribution model, lower inflation, and promote network usage. • Philion acknowledged that some people may feel misled by Flare, but emphasized that they are committed to XRP-related projects and that XRP holders are only receiving FLR…

Bullet Points: 1. Out of Genesis Global’s total assets of $414M, 74% are Ethereum (ETH) and ERC-20 tokens. 2. 11% of the assets are distributed mainly between Avalanche, Fantom, and BNB Smart Chain. 3. Genesis Global’s trading wing continues to remain active on the markets despite the filing for bankruptcy protection. Genesis Global, a crypto…

• Argo Blockchain regained compliance with Nasdaq Listing Rules after fulfilling the required minimum bid price of $1.00 per share. • The firm got a notification from Nasdaq’s Listing Qualifications Department on January 13, 2023, confirming the successful compliance. • Nasdaq has now closed this deficiency matter. Argo Blockchain, a major cryptocurrency mining company, has…

• Calimero Network has raised $8.5 million in a seed round co-led by Khosla Ventures, Lyrik Ventures, and NEAR Foundation. • The funds will be dedicated to developing private sharding solutions for the NEAR protocol. • Powered by the NEAR protocol, Calimero gives users the choice of easily deploying ready-to-use solutions from its marketplace or…

• Jeremy Allaire, co-Founder and CEO at Circle, shared his thoughts on the state of the market following FTX during the World Economic Forum in Davos, Switzerland. • Circle has seen increased activity on its USDC stablecoin, due to its regulated and transparent nature, allowing users to verify the company’s reserves through an independent monthly…

• Uniswap Labs has released Permit2, a smart contract that allows users to enjoy gasless token approvals. • Permit2 reduces the cost burden for users occasioned by the need for continuous approvals on the same token when Uniswap rolls out a new update to its router. • With Permit2, users only need to pay a…

• Stablecoins can provide investors and users with a way to hedge against market volatility during bull markets. • Stablecoins can facilitate trades by providing a stable medium of exchange for buying and selling other cryptocurrencies. • Stablecoins are pegged to a fiat currency or other stable asset, allowing investors to lock in gains without…

• A bored ape whale collector, under the pseudonym “Pokee”, has recently bought 69 DeGods NFTs in one bulk purchase, spending close to $1 million. • The purchase was made using a tool that allows buyers to ‘sweep the floor’ and purchase any amount of NFTs from a project. • The purchase was aimed at…

•Renowned crypto personnel Kelvin O’Leary believes that regulation will help crypto markets. •He believes that the U.S. Senate hearings and regulations will force players in the crypto space to try to do everything right. •He believes that a firm’s native tokens should be better regulated, as they are the core root of fraud carried out…

• The CEO of the financial management company deVere Group, Nigel Green, has cautioned that the World Economic Forum (WEF) will ‘spectacularly fail’ if the agenda item for the Davos summit in 2023 on crypto regulation is not addressed. • Green has pointed out that several industry-related occurrences have made laws necessary, emphasizing the need…