CRYPTO BREAKING NEWS! (18/01/24)

✦ Modular L2 protocol Manta Network has announced its governance model, which will be rolled out in two phases. The first phase will officially launch when the token goes live, establishing a forum for stakeholders to propose Manta Improvement Proposals (MAIP).

✦ Solana-Based NFT Project DRiP Reports 90 Million Deliveries by End of 2023

✦ The position of the BNB Bridge attacker has been liquidated by a whitelisted liquidator with the address 0x0870…cf43. The liquidation involved approximately 5.82 million vBNB, valued at around $42 million.

✦ Frax Finance to Launch Layer 2 Blockchain Fraxtal in February

✦ Singapore Retail Investors Cannot Participate in Crypto ETFs

✦ A whale sold 2,932 Ethereum and 116.6 Wrapped Bitcoin (WBTC) worth approximately $12.42 million on Uniswap 12 hours ago.

✦ Data from OpenSea reveals that the floor price of Pudgy Penguins NFT has reached 17.3 ETH, setting a new historical high. This milestone demonstrates the growing popularity and value of the Pudgy Penguins NFT collection.

✦ Manta Pacific TVL Surpasses $880 Million, Experiences 10.14% Increase in 7 Days

✦ PayPal USD Stablecoin Records 298 Million Issued Tokens and 5,128 On-Chain Addresses

✦ Global Stock Market Size Reaches $108.6 Trillion in 2023, Cryptocurrency Accounts for 1.5%

✦ Solana Sees 10-Fold Increase in Developer Numbers Since 2020. Electric Capital statistics reveal that there were 3,300 developers working on Solana by the fourth quarter of 2023.

✦ Cetus Total Trading Volume Surpasses $2 Billion

✦ Cryptocurrency Index Project BasketDAO Reportedly Attacked, Losing $107,000

✦ Arkham CEO Miguel Morel has regained full access to his Twitter account after falling victim to a SIM swap attack. The fraudulent posts on his Twitter account have been removed as of the time of writing.

✦ Bitcoin's hash rate has experienced a 25% drop since the weekend, raising concerns about the security of the largest digital coin's network ahead of the upcoming halving event.