Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  1. As part of an ongoing investigation into Julius Aleksanteri Kivimäki’s criminal prosecution, the Finnish National Bureau of Investigation is said to have made great headway in tracking down Monero transactions.
  1. The recently released Solana meme coin WEN has become rather popular after it was airdropped to over a million wallets. DEX aggregator Jupiter supported the airdrop, which happened on Friday morning as a part of a comprehensive test of its new launchpad.
  1. A group of blockchain developers at Sovryn has unveiled BitcoinOS, a new platform designed to integrate Bitcoin into the DeFi space. It uses “sovryn rollups,” establishing a foundational layer for decentralised applications (dapps) on the Bitcoin network.
  1. With a recent update for the Avalanche blockchain, Ava Labs is grabbing media attention. Vryx, the update, claims to be able to process an astounding 100,000 transactions per second (TPS).
  1. Binance continues to be in trouble by regulatory oversight, particularly in Florida and Alaska where its operations have been halted.
  1. After a bug was discovered, Stellar Foundation supports delaying the Smart Contracts upgrade. A flaw found on Jan 25 in the updated software was considered to be of little risk, but Stellar is now suggesting a postponement over planned date of 30 Jan.
  1. A node mint is being introduced by decentralised data firm PowerLoom on Polygon’s proof-of-stake network. PowerLoom makes it possible for protocols to decentrally index and query blockchain data.
  1. Aleo is getting ready to debut on the mainnet shortly, once a few last bugs are fixed. The network’s architecture makes it suitable for rollups and supports anonymity at the core blockchain level.
  1. According to data from Shibburn, the SHIB burn rate for Shiba Inu has increased by 1539.20%, with 18,499,053 SHIB tokens burned in the last day.
  1. With 5.02 million active wallets, XRP Ledger reaches a significant milestone, indicating growing interest in XRP. Growing adoption is seen by the fact that the number of XRP holders has quadrupled since 2019 and doubled since 2021.

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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