Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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DeFi News
- Come on announced the launch of stablecoin GHO ON EthereumGoerli Testnet. Avee Companies Said GHO (pronounced ‘GO’) is the first Aave protocol-native decentralized, hyper-collateralized crypto-backed stablecoin pegged 1:1 to the USD. come dao The GHO will manage the supply and interest rate, and determine the risk parameters. Developers and potential aggregators can now access GHO code base and start testing ahead of the planned launch of GHO on the Ethereum mainnet. It added, “The official launch of GHO is subject to discussion, voting and approval by the Ave Protocol and the Ave DAO that governs GHO.”
- the creator community participants City: Phoenix Labs – A newly established company with the mission of building new products on top of Maker Protocol, solely focused on Midwife An announcement said that with the stablecoin and built-in interface. All products made by Phoenix Labs are intended to be fully governed by Maker Governance, which means MakerDAO Every product created by this team will be owned. Phoenix Labs Introduces Its First Product – Its First Manufacturer-Owned Liquidity Market for End-Users – spark protocolWhich will act as a liquidity market for supplying and borrowing cryptoassets with variable and fixed rates.
- core daoA layer-1 blockchain running on a combined proof-of-work and delegated proof-of-stake consensus mechanism called satoshi plus, released its first airdrop to 1.2 million individual users. An announcement said that “this February 8th allocation is one of the largest token distributions and smart contract usage ever.” The airdrop was conducted in partnership with satoshi appAn application that allows users to “mine” in-app rewards.
- Chainlink Labs And TP ICAPTP ICAP, a company that provides diversified, global market infrastructure and data solutions, has announced that it has joined the Chainlink network to “bring high-quality forex data to the blockchain ecosystem with the capacity to support 960+ pairs.” has joined. Said Press release. This forex data is being contributed by the Chainlink decentralized oracle network (DON). Parameta SolutionsTP will support the data and analytics division of ICAP, and generation of tamper-resistant oracle reports, it said.
exchange news
- local bitcoinOne of the earliest peer-to-peer bitcoin (btc) The exchanges announced that it is shutting down its business after more than ten years of operation. “Therefore we are sad to inform that despite our efforts to overcome the challenges during the ongoing very cold crypto-winter, we have concluded with regret that LocalBitcoins can no longer provide its bitcoin trading service, ” Said Press release. The suspension of new sign-ups begins today.
legal news
- bitcoin miner bitfarm paid off $21 million in debt from blockfi with a payment of $7.75 million in cash, Said Press release. Bitfarms CFO Jeff Lucas said, “Our remaining debt, mostly secured by new, high-efficiency mining equipment in Quebec, matures on or before February 2024, allowing us to cover the next drawdown event in May 2024.” First the loans can be free.”
payment news
- crypto payment service provider bitpay Partnered with Web3 infrastructure company moonpay To provide BitPay users with enhanced ways to buy cryptocurrency instantly. Benefits of the integration include faster delivery to any owned wallet address, as well as the ability for buyers to pay with their preferred method, including credit card, debit card, Apple Pay, Google Pay, or various local bank transfer methods. is included. Press release Said, Future plans include the integration of NFT Checkout, MoonPay’s industry-first solution that enables anyone to buy nft with credit card.
staking news
- near announced today laser liveEnables users to send, receive and place bets (Powered by concocted) their NEAR tokens through the Ledger Live digital asset management app. According to a press release, Ledger by Figment Validator allows users to stake their digital assets without sacrificing self-custody or security. Users are also able to contribute to the security of the protocol and receive rewards in the form of NEAR.
stablecoin news
- lanyard Issued the certification of the fourth quarter of 2022, They said To ensure that its reserves remain liquid, most of its investments are held in cash, cash equivalents and other short-term deposits. The report highlights a $300 million reduction in secured debt, a net gain of more than $700 million in Tether reserves, and the highest percentage of assets allocated to US Treasury bills, with over 58% at direct risk.
regulation news
- bitsois a cryptocurrency-powered financial services company latin americaIt issued “regulatory principles that guide its operations and its strategic decisions in adherence to the highest industry standards,” the press release said. Its eight regulatory principles for crypto are: protecting the interests of customers above all else; safe custody of funds; a truly inclusive financial system; technological neutrality; Anti-Money Laundering (AML) policies that deter crimes; education as a driver of informed risk-taking; unlimited access to financial services; and corporate governance agreements that promote ethical practices in companies.
investment news
- zksync developer Matter Labs announced that it will cooperate GitCoin, which has led to several of Gitcoin’s funding rounds soon being integrated with zkSync, “ensuring leading Web3 projects get what matters most to them with novel financing models like quadratic funding,” it said in a press release. Gitcoin is about to launch its new main platform AloeThrough which they will host all their grant programs to promote public funding and they have chosen zkSync as the home for this platform.
- Aptos Labsthe team that launched aptos blockchain, made an equity investment in Spark, an on-chain short video app. “Chingari has seen significant growth in its user base with over 2.2 million on-chain users in 2022, and intends to expand its community with the Aptos Network,” said a press release.
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