Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  1. Circle announced on Wednesday that it is discontinuing support for its USDC token on the Tron blockchain, a move that is “aligned with its efforts to ensure that USDC remained trusted, transparent, and safe”.
  1. Less than three weeks after its February 1 launch, liquid restaking protocol Puffer recorded $1 billion in deposits.
  1. Optimism, announced the release of its fourth airdrop, giving NFT artists priority. 22,998 addresses received over 10.3M OP, or over $40.8M, from the airdrop. Reward claims are open to users that generated captivating NFTs on OP Superchain or the ETH Mainnet prior to Jan 10.
  1. With the release of its “Protocol 20” update, the Stellar blockchain advanced and started a staggered rollout that will see the addition of Ethereum-style smart contracts to the payments network as part of the much anticipated Soroban project.
  1. Security alerts generated by Blockaid are now automatically integrated into MetaMask across several chains. Ethereum and networks such as Linea, BNB Chain, Polygon, Arbitrum, Optimism, and Avalanche offer security alerts.
  1. Crypto Addresses Connected to the LockBit Ransomware Group Are Banned in the US via the Financial System According to a DOJ press release, LockBit affected almost 2,000 distinct victims who paid out more than $120 million.
  1. The Central Bank of Hong Kong Releases Guidelines for Companies Providing Crypto Custodial Services The HKMA requires approved institutions to do a thorough risk assessment and then implement the necessary policies to control the risks that are found.
  1. Pending regulatory permission, the CME intends to introduce micro bitcoin and ether futures denominated in euros on March 18. The announcement comes after a sharp increase in open interest and trading volume in CME ether and bitcoin futures last month.
  1. A study on Turkey’s initial steps towards a Central Bank Digital Currency (CBDC) was published recently. The report emphasises the Ecosystem’s self-sufficiency, experimental phases, and a modular payment structure.
  1. Ethereum protocol for layer-2 scaling, Starknet began to airdrop STRK, its native network token. Almost 128,000 individuals had claimed over 140 million tokens.

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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