📊 #ETH The average Ethereum fee is just $1.64, staying below $2.00 for two consecutive months. The price of ETH started to recover just as the average fee fell below $3 in mid-June 2022.
📈 #ETH The total ETH 2.0 collateral is currently 15,976,279 ETH, 13.36% of the total supply.
🙋♂️1confirmation reports that her foundation still owns large stakes in projects such as Ethereum and OpenSea. twitter.com
🤖 CryptoAttack 🇬🇧
🗣 Silbert said DCG has never pooled funds with any of its subsidiaries and has no relationship with Three Arrows Capital. “Genesis had a trading and credit relationship with 3AC and 3AC defaulted on its loans from Genesis. Separately, 3AC has been an investor…
👀 In DCG emphasizedthat the $1.1 billion promissory note issued by Genesis maturing in 2032 is non-callable, meaning that DCG does not need to immediately repay the debt in a possible reorganization of Genesis.
DCG's two Genesis loans totaling $525.5 million are independent, meaning DCG will not be affected by an investigation into potential related transactions.
DCG's two Genesis loans totaling $525.5 million are independent, meaning DCG will not be affected by an investigation into potential related transactions.
🎮 #AXS Axie Infinity launches Origins Season 2 with 112,000 AXS reward. axie.substack.com
The Lunacian
Axie Infinity: Origins Season 2 is Here!
New gameplay. New rewards. The Arena awaits.
🇺🇸🗣 W. Bowman (Fed): Recent events have made it clear that crypto activity can pose significant risk to consumers, businesses, and possibly the larger financial system.
Some banks will continue to explore ways to get involved in crypto-related activities. The Fed will continue to focus on this area in light of the significant risks, but we don't want to stifle innovation. By discouraging innovation, we could push growth in this area to the non-banking sector, leading to much less transparency and potential financial stability risk.
Some banks will continue to explore ways to get involved in crypto-related activities. The Fed will continue to focus on this area in light of the significant risks, but we don't want to stifle innovation. By discouraging innovation, we could push growth in this area to the non-banking sector, leading to much less transparency and potential financial stability risk.
🇦🇷 The Ministry of Economy of Argentina has developed a bill encouraging citizens to declare their crypto assets at reduced tax rates. cointelegraph.com
Cointelegraph
Proposed bill in Argentina encourages citizens to reveal crypto holdings
The Ministry of Economy of Argentina is attempting to get on top of money laundering with a proposed law that would see Argentine citizens encouraged to declare their cryptocurrency assets with tax incentives.
📊 #GMX Due to the recent increase in volatility, GMX (Arbitrum + Avalanche) earned over $2.74 million in fees on January 9, which is an all-time high, second only to Ethereum. 30% of GMX fees will be distributed to GMX holders as income, ~$822,000.
🇺🇸👀 The US House of Representatives will vote on a bill that would eliminate the need for an IRS and abolish income tax.
🤖 CryptoAttack 🇬🇧
😬 #COIN Coinbase will lay off another 950 people.
👀 #COIN Coinbase VP of Business Development and International Relations: The company is gradually closing most of its operations in Japan.
💰👀 Not Boring Capital Launches New $30 Million Fund to Invest in Web3 notboring.com
📊 Data: CME 3-month BTC futures show positive premium for the first time since crash FTX coin desk
👀 #WRX According to the Proof Of Reserves report, 90% of WazirX user assets are in Binance wallets.
“We are not only India’s largest crypto exchange by volume, but also India’s largest crypto exchange by reserves,” WazirX blog says.
coindesk.com
“We are not only India’s largest crypto exchange by volume, but also India’s largest crypto exchange by reserves,” WazirX blog says.
coindesk.com