Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • Moonweel launched “USDC Anywhere,” through which users on other Ethereum networks can lend USDC to Moonwell. Users can move USDC throughout the Ethereum ecosystem by leveraging their digital assets with this service.
  • The much anticipated opening of the first gallery in the world devoted to Bitcoin Ordinals artwork will take place at Superchief Gallery.
  • Citibank Evaluates Private Equity Fund Tokenization on Avalanche. Using Avalanche’s subnet, the company investigated a range of use cases, concentrating on private markets.
  • An automated market maker was launched by CoW DAO to safeguard liquidity providers against arbitrage bots. By capturing and transferring MEV that would otherwise favour arbitrageurs, the AMM seeks to safeguard liquidity providers.
  • A distribution strategy for the native token of the Starknet Foundation was unveiled, with incentives available to approximately 1.3M wallets. This comprises network contributors, adopters of ecosystem dapps, Ethereum builders, and open-source developers from outside web3.
  • Creators of the Sharbi coin, which runs on Shiba Inu, have unveiled a new bridge that will transport cryptocurrency and liquidity between major blockchains and Shibarium. 
  • Binance Web3 Wallet adds 24 decentralised apps to improve its digital asset services. Will enable direct access to DeFi solutions, Ethereum Virtual Machine (EVM) like EVM Ink, and cutting-edge technologies like zkBridge, the additions seek to improve the user experience.
  • Customers can make money from keeping and staking Ethereum thanks to a partnership between Lido, a company that specialises in staked Ethereum, and Taurus, a Swiss-based cryptocurrency custody provider.
  • Cryptocurrency exchange Kraken now demands that customers in the United Kingdom authenticate their wallet identities or confirm that their wallets are self-custodial.
  • On February 13, as withdrawals from Grayscale’s converted GBTC began to taper off, approximately $631 million went into funds through Spot Bitcoin ETFs, setting a record high for daily net inflows.

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

Leave a Reply