Crypto Bytes: Top 10 Breaking News from Cryptoverse

1. $26.4M is allocated by the Interchain Foundation to expand the Cosmos ecosystem. The Interchain Foundation has decided to reduce its financing for the Cosmos ecosystem in 2024 compared to prior years.

2. After huge airdrops, Solana DEX’s book record volumes! In terms of DeFi volume, Solana is closing the gap with Ethereum, potentially with the assistance of hundreds of millions of airdropped tokens.

3. DCG’s Barry Silbert and Mark Murphy have stepped down from #Grayscale Investments’ board of directors. Mark Shifke, the CFO at DCG, succeeds Silbert as chairman of the Grayscale board.

4. On-chain detective ZachXBT stated in his Telegram channel that Thunder Terminal, an on-chain trading platform, was the target of an exploit today, with the attacker having already transferred 86.5 ETH ($192,000) to Railgun. 

5. Despite legal issues, Changpeng Zhao is the most successful crypto millionaire. CZ’s net worth was significantly boosted by Bitcoin’s recovery, which saw a spike of over 160% following a difficult 2022.

6. SleeplessAI is now the 42nd project in Binance’s Launchpool.  A unique interactive gaming experience is provided by Sleepless AI, a web3 and AI-integrated game platform. Users will be able to stake BNB, FDUSD, and TUSD to earn AI tokens over the course of seven days.

7. This Christmas, scammers stole $3M in cryptocurrency from their victims by promoting phony websites through Google advertisements. 

8. Telcoin Responds Quickly to Protect Network Following Hack! A $1.2M vulnerability on its Polygon-based wallet was quickly fixed by Telcoin, assuring user security and promising a complete recovery. 

9. Following Barry Silbert’s departure, Grayscale amends its Bitcoin ETF filing! In an effort to change its Grayscale Bitcoin Trust into a Bitcoin ETF, Grayscale submitted an additional amendment to the SEC on Tuesday.

10. Crypto Bytes Top 10 Breaking News from Cryptoverse- After 10 years of waiting, Mt. Gox creditors confirm Japanese Yen repayments via PayPal. Years of legal disputes followed Mt. Gox’s 2014 bankruptcy, in which 950,000 Bitcoins were lost. 

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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