Crypto Bytes: Top 10 News from Cryptoverse

  1. Socrates launches the Influencer Accelerator Programme!  Socrates, a global web3 social media platform that rewards users for engaging in debate, will launch the $3M USDT fund on December 21 for all Web 3.0 influencers, regardless of their fan base. 
  2. For multichain governance, Aragon has combined LayerZero with zkSync, allowing asset & permission management throughout EVM chains. It will work through the OSx plugin for Aragon & leverage LayerZero & zkSync Era rollup for cross-chain messaging and cost-effective voting
  3. In a funding round headed by Sora Ventures, TapProtocol, a development platform powered by Bitcoin Ordinals, raised $4.2M.  The funding will be used by the parent business Trac Systems to enable other application kinds on Bitcoin, such as DeFi and gambling.
  4. The CEO of Tether has provided more details on his efforts to stop unscrupulous people from utilizing the company’s USDT stablecoins, including enrolling the FBI and Secret Service to the network.  Tether had frozen 435M USDT in wallets on the U.S. sanctions list.
  5. WorldCoin expands its World ID 2.0 technology for online verification with the announcement of collaborations with Shopify, Mercado Libre, Minecraft, Reddit, and Telegram. WLD has expanded in Mexico and Singapore and the issuance of 5 million World IDs.
  6. CEO of VanEck, Jan van Eck has predicted that Bitcoin will reach a new peak during the upcoming year due to its increasing popularity among investors. Van Eck draws a comparison between Bitcoin and gold, highlighting the latter’s potential as a store of value.
  7. NFT hacking saga! Peer-to-peer trading platform NFT Trader has experienced a serious security compromise. Numerous high-value NFTs, including Bored Ape and Mutant Ape Yacht Club collections, World of Women NFTs, VeeFriends, and Art Blocks, were stolen.
  8. Price of Solana Mobile Phone Soars by over 300% on eBay Due to Increased Demand. With the device experiencing a major demand surge due to free rewards of BONK, the price of the Solana Mobile Phone “Saga” has increased on secondary markets.
  9. FTX to Refund Billions to Creditors and Quickly File for Chapter 11 FTX is nearing the end of talks to resolve its bankruptcy case and give billions back to creditors. 
  10. Block production at zkSync Era was temporarily halted. On Dec 16,  zkSyncEra momentarily stopped producing blocks, according to explorer.zksync. Block production was halted for over an hour.

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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