Crypto Bytes: Top 10 Breaking News from Cryptoverse

  • After much delay, Evernode (EVR), the layer-2 scaling solution based on the XRP Ledger (XRPL), went live in around a week but with a small snag on its network as per official statement on X. 
  • Ethereum fork PulseChain has surpassed the $403 million Total Value Locked (TVL). According to #DefiLlama, the growth has placed it as the eleventh largest in terms of TVL.
  • 34 protocols are housed on PulseChain, which has seen a 110% growth in TVL in the last week.
  • The firm that created the now-defunct stablecoin #TerraUSD, Do Kwon’s Terraform Labs, has declared bankruptcy in the US.  Terraform Labs formally requested Chapter 11 bankruptcy protection on January 21.
  • Trezor has disclosed that around 66,000 of its users’ contact details were compromised due to a security incident. Trezor formally revealed on January 20 that on January 17 unauthorised access had been discovered on a third-party support webpage..
  • Former members of the cryptocurrency trading company LedgerPrime have launched Split Capital, a new hedge fund with an emphasis on liquid tokens. 
  • RSS3 declared that Q1 2024 will see the introduction of its mainnet and will include a Value Sublayer (VSL), an Ethereum Layer 2 (L2) with modified OP Stacks. The DSL has a neat new feature that quickly spin up a private Web3 AI in 15 minutes or less.
  • More than half of all cryptocurrencies listed on the site since 2014 have crashed, according to a new CoinGecko analysis. Since 2014, there have been almost 24,000 cryptocurrencies listed on CoinGecko, of which 14,039 have been declared “dead” or “failed.”
  • According to the most recent TokenInsight report, trading volume and market share among the leading exchanges changed in 2023. Bybit and OKX saw increases of 2.2% and 4.3%, respectively, while Binance’s statistics dropped from 54.2% to 48.7%.
  • With the help of Consensys Staking, MetaMask has added the ability to run Ethereum validator nodes for users who have at least 32 Ether available.
  • As of right now, the service claims an annual yield of roughly 4%, deducting a 10% fee from incentives that are accrued.
  • CryptoTinder Anyone? Chinder is easy to use: swipe left to reject or swipe right to purchase the currency based on its statistics and chart. 
  • The experiment is powered by Unibot on Solana and operates for tokens based on #Solana.

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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