Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • Whales have been buying up Bitcoin (BTC) this month, bringing their total holdings of the top cryptocurrency above $3 billion. BTC kept in whale wallets has climbed by over 76,000 BTC.
  • An Ordinals poem by Ana Maria Caballero titled “Cord” was auctioned by Sotheby’s for 0.28 Bitcoin, or $11,430. Last week, a Bitcoin Ordinals inscription-themed online event called Natively Digital auction included the sale.
  • A Chinese infrastructure company has successfully funded $350M in digital yuan. Raising $350 million (¥2.5B) in Chinese (CBDC), the bond creates a new record for low coupon rates in the 3+N years term in Shandong province, as well as a precedent for future financial goods.
  • Shiba Inu announced that 1,000 projects will be added to the Shibarium Layer-2 network. Since its start in August 2023, Shibarium has attracted large projects and cryptocurrency exchanges.
  • Holders of UNIBOTs will obtain approximately 80% of the supply of UNISOL based on Solana through the Solana Ecosystem Draw.
  • The Manta Network’s native cryptocurrency, MANTA, has seen an incredible price surge! The price of MANTA has increased by an astounding 62% in just 10 days since its inception, and it is currently trading at $3.70, with a $928 million market capitalization.
  • A Chinese asset manager’s Hong Kong branch submitted an application for an ETF on January 26. Discussions regarding possible stablecoin experiments are also being held between the Hong Kong Monetary Authority and Harvest, RD Technologies, and VSFG.
  • The platform added that it intends to notify Interpol and is collaborating with the local authorities to find the hacker. According to Somesing, it was verified that the breach was carried out by skilled hackers on the side.
  • Government and central bank of Japan are preparing the legal framework for the digital yen’s introduction. The government and the Bank of Japan (BoJ) have not yet made a formal commitment to the creation of the CBDC.
  • According to reports, Amazon MGM Studios is currently in the early phases of creating a film based on the actions of the couple who were implicated in the 2016 breach of Bitfinex, which involved the laundering of billions of dollars’ worth of Bitcoin.

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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