Crypto Bytes Top 10 Breaking News from Cryptoverse 

  • Tether will invest in a Georgia-based educational platform. As per Tether CEO Paolo Ardoino, the continuous financial support would aid in promoting “real world” education regarding blockchain, bitcoin, & stablecoins.
  • Solana will feature the first extension of Paxos USDP stablecoin. Beginning on Jan. 17, 2024, the Paxos will launch its stablecoin on Solana. 

  • SEC accusations of $1.7M for unregistered SMART Yield bonds will be settled by BarnBridge DAO and its founders. US SEC cites a breach of securities laws and contends that crypto asset securities were not registered.

  • A ‘Prime Execution Agent’ will be chosen by BlackRock to purchase and sell Bitcoin as it finalises the details of its Bitcoin ETF. The ‘Prime Execution Agent’ concept may cause concern for the SEC, which could impede the clearance of BlackRock’s ETF.

  • At an astounding $100 billion valuation, OpenAI is looking to attract further capital. This will be the first-ever fundraising event after the dramatic events of Sam Altman’s dismissal and subsequent return last month.

  • Craig Wright & Bitcoin Core trial has been rescheduled for Feb. 5, 2024 by a UK judge. This ruling was made in response to fresh information. 97 papers found on two USB sticks, including LaTex files that are comparable to those that were used to develop first BTC whitepaper.

  • Central Bank of Nigeria (CBN) has loosened its strict guidelines for cryptocurrency exchanges and other virtual asset service providers (VASPs). In a major regulatory change, the apex body has permitted them to maintain accounts with banks and other financial organisations.

  • Bulgaria drops criminal cases against four executives of Nexo. The announcement of this decision came after a thorough investigation that started in January with a raid on Nexo’s premises.

  • Following its listing on Coinbase, BONK saw a huge increase in value, culminating at a valuation of over $2 billion. This caused over $500 million worth of BONK to be exchanged on Coinbase, doubling its value.

  • The US SEC might decide by 10 Jan. 2024 whether to approve exchange-traded funds ETFs, but the BTC  options market suggests that traders are hedging their bets in advance.

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.

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