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Greetings, fellow travelers of the digital frontier! Join us as we navigate the currents of innovation, uncovering the latest trends, news, and insights. 🚀
Here is what you’ll find below:
The co-founder of the Ethereum project, Vitalik Buterin, published a new article on his blog. He talked about the four components of the cryptocurrency sector, and recalled a trip to China in 2014, when he saw the scaling of exchanges and the development of the mining industry, in particular, the increase in bitcoin mining farms using GPUs and ASICs.
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He also mentioned how the development of Ethereum was going and how this blockchain could be used in non-financial applications.
Vitalik also writes about how AI has cracked Silicon Valley, his visit to Taiwan in 2016 and 2017, Argentina, and the start of a full-scale war in Ukraine. Here is the full article.
Ripple appears to have been hacked for about 213M XRP (about $112.5 million). This was reported by popular on-chain analyst ZachXBT. According to his message, so far the stolen funds have been laundered through MEXC, Gate, Binance, Kraken, OKX, HTX, HitBTC, etc.
Co-founder and Executive Chairman of Ripple Chris Larsen has confirmed that there was unauthorized access to his few personal XRP accounts on January, 30. Exchanges have frozen the affected addresses.
HERE Wallet team released instructions on how to participate in HOT token mining via Telegram bot similar to Notcoin.
How to get HOT
According to The Block, transaction volume on the Solana network crossed the $951 billion mark in January, which is a “multi-year high”.
*Transaction volume is a measure of the economic throughput of SOL and SPL tokens on the Solana blockchain. The included SPL tokens are USDC, SRM, RAY, ETH, and USDT. The chart only includes successful transactions.
Puffer is a native restacking protocol (nLRP) built on top of EigenLayer. The project has raised $5.5M from Lemniscap and Lightspeed Faction, Brevan Howard Digital, Bankless Ventures, Animoca Ventures and others.
Puffer recently launched Puffy’s Crunchy Carrot Quest campaign with 5 chapters.
The first chapter is available now with a 1000-point prize for completing it.
The pre-mainnet stage will start on February 1. In it, users will be able to deposit ETN and get in return pufETH, for which will be given puri Puffer, and for deposit before February 9 also points Eigen (the usual LST yield is also taken into account).
The team promises 3x Puffer points to those who withdraw from EigenLayer stETH and make a deposit into their protocol.
Keep in mind that the withdrawal from Eigen lasts for 7 days.
According to RLinda’s technical analysis, XRP, Ripple’s cryptocurrency, is currently being tested at a level where the trend seems to be changing after leaving a triangular pattern. Traders are increasingly interested in Ripple, despite uncertain factors affecting it. Now, the market has good potential for further upside to 0.7325.
There’s also speculation about the possibility of an XRP-ETF (Exchange-Traded Fund), but legal issues between Ripple and the SEC (U.S. Securities and Exchange Commission) could affect Ripple’s future, with legal proceedings expected to happen in late winter 2024.
Support levels: 0.493, 0.420, trend support
Resistance levels: 0.585, 0.648, 0.7325
*Any technical analysis in the long run cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions
Suiswap is a decentralized trading platform and exchange built on the SUI blockchain by Vivid Network.
Suiswop is about to launch the first IDO on their launchpad (the launchpad is designed with the SSWP token). No detailed information is available yet, but the first project will be from the Solana ecosystem (SOL).
Users can participate in staking SSWP tokens, for which, in addition to the possibility of participating in future sales, the team promises an airdrop. The amount of 🏆 will depend on the number of tokens staked.
APR
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