Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • Gemini is now authorised to conduct business in France as a Digital Asset Services Provider (DASP). Institutional & individual traders in France will have access to over 70 cryptocurrencies via the exchange.
  • The.zkf domain service has been launched by ZKFair in collaboration with SPACEID. It allows community members to mint domain names for 1 USDC, and a public mint is planned for the end of the month.
  • una Wallet launched by WEMIX. Arbitrum, Avalanche, BNB Smart Chain, Ethereum, Kroma, Optimism, Polygon, and WEMIX3.0 are among the supported blockchains.
  • Less than two years after its introduction, asset management giant VanEck plans to shut and liquidate its Bitcoin futures ETF, or “XBTF.” VanEck announced on January 17th that the liquidation had been approved by its board of trustees.
  • RocketPool X account hacked. Its connected to the fifth-biggest Ethereum DApp. The perpetrators misled users and incited unjustified fear by circulating fictitious notifications regarding a vulnerability in the platform’s smart contracts.
  • ZenLedger announced that it will begin offering a comprehensive tax filing solution. The introduction coincides with the implementation of more stringent regulations by regulatory bodies to prevent tax-related scams involving digital assets.
  • Tether, has announced a strategic partnership with http://rhino.fi, a platform that was once known as DeversiFi and first appeared on Ethfinex. It will help in cross-chain transactions by increasing liquidity for http://rhino.fi’s bridging solution.
  • At the current price of $42,300, net inflows into the recently permitted spot bitcoin exchange-traded funds seem to be approximately 21,000 Bitcoin, or $894M.
  • dYdX replaces Uniswap as the Biggest DEX by Volume! The decentralised exchange, which switched to the Cosmos blockchain last year, recently saw a 24-hour volume of $757 million.
  • In the midst of Texas’s frigid temps, the Bitcoin hash rate has lowered by 34%. Subzero temperatures were encountered in many parts of the Lone Star State in January; this type of weather has previously caused Bitcoin miners to briefly halt operations.

 Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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