Crypto Bytes: Top 10 Breaking News from Cryptoverse

  1. The interchain liquid staking solution Stride declared that over the next 150 days, it will airdrop 5 million STRD tokens, or $18 million, to holders of stTIA tokens.
  1. Due to an issue with’s user interface, traders might be overpaying for “keys” on the platform. Researchers pointed out that flaw originates from user interface storing data before transaction creation, which causes it to gradually become out of sync.
  1. BitBoy (Ben Armstrong), stated that his daily crypto programme will finish on January 31. BitBoy revealed the decision on his YouTube account, citing financial difficulties as the reason.
  1. Largest bank in Russia, Sberbank, announced the opening of NFT trading platform & digital financial asset. The bank went on to say that “qualified investors” can also put money into a blockchain-powered “asset” that is linked to Moscow’s average price for residential real estate.
  1. Genesis Global Capital, a cryptocurrency lender going through bankruptcy, has asked to be allowed to sell trust assets for about $1.6 billion. In an application, the company requested permission to liquidate assets owned by Genesis, a division of the Digital Currency Group.
  1. Bankrupt cryptocurrency exchange FTX is requesting permission to sell 8% ownership in Anthropic Holdings, an AI business. FTX filed the application asking for authority to sell the interest and outlining two potential processes: an auction and a private sale.
  1. W. Oliver Segovia, senior director and head of product marketing at Ripple, stated on social media that the company plans to expand its payment services throughout the United States.
  1. The process by which Coinbase will gradually remove Bitcoin SV from its list of accepted digital assets is now complete. The delisting was first reported in November 2023, but it was made public when Coinbase declared that it was discontinuing service for Bitcoin SV (BSV).
  1. By establishing the AI Act, which focuses on the high-risk sectors of AI tech utilisation, the European Union (EU) has set a precedent. The law, praised as “historic” by EU Commissioner Thierry Breton, will establish an oversight framework for AI that is based on risk.
  1. Ripple is leading charge of the $112 million XRP investigation that was hacked from co-founder Chris Larsen account’s earlier this week. Binance frozen $4.2 million worth of XRP that was taken from Larsen.

 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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