The Graph (GRT) raises $50M in funding round
A fund of $50 million has been raised by The Graph, a protocol that allows users to query and extract data from blockchain networks. The investment round was led by Tiger Global.
The Graph plans to utilize the fund of $50 million to enhance the efficiency of Web 3 and foster the mainstream adoption of Web3.
Bank of Korea completes the first phase of digital currency pilot
The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in August 2021.
The second phase is expected to complete by June 2022, after which the central bank plans to chalk out an official launch and commercialization plans.
Bulgaria to introduce crypto payment options
According to a Bloomberg report, citing Assen Vassilev, Bulgaria’s deputy prime minister for EU Funds and minister of Finance, the government is currently in discussion with industry stakeholders and the Bulgarian National Bank concerning the crypto payment initiative.
Non-zero ETH addresses hit ATH
According to market insight provider Glassnode, the number of non-zero Ethereum addresses just reached an ATH of 73,439,200.
According to a recent report entitled “The Year in Ethereum 2021”, Ethereum surpassed Visa’s trading volume in 2021. The value moved on the ETH network stood at $11.6 trillion at the end of last year, whereas that of Visa was $10.4 trillion.
Zimbabwe signs agreement enabling collection of taxes from crypto and e-commerce entities
The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited to collect taxes from companies that offer betting, gaming and cryptocurrency services to persons and organizations within the territory of the Republic of Zimbabwe.
The inclusion of crypto assets on the tax list is the latest signal from the Zimbabwean government that the country is gradually changing its stance on cryptocurrencies.
Crypto markets rebound $130 billion
After the two consecutive days of price slides, Bitcoin has reclaimed some ground and stands around $36,000. The altcoins have reacted even better with notable price gains from LUNA, AVAX, SHIB, and many others.
Ultimately, the cryptocurrency market capitalization was nearly $1.7 trillion on Jan.23, up by $130 billion since the low of Jan.22.
Fear Token (FEAR) rises 23.38%
FEAR, the utility token of the Fear NFTs ecosystem, has witnessed a growth of 23.38% in the past 24h and is trading at $0.7516745. With this achievement, FEAR is currently leading the Top Gainers on ONUS.
ANY is now on top 10 holdings by FTM whales
According to WhaleStats, ANY, the native token of the Anyswap ecosystem is now on top 10 holdings by 1000 biggest FTM wallets with a total value of $2,274,026.
ANY has witnessed a growth of 13% in the last 24h with the current price of $21.65 USD.
Chainlink flips MATIC as most-traded token
WhaleStats blockchain analytics platform has spread the word that top 1,000 Ethereum whales are again betting on LINK as it has pushed MATIC from the position of the most-traded token.
Meanwhile, ETH whales continue to purchase both LINK and MATIC as both coins remain on the list of the top-ten purchased tokens.
SHIBA INU (SHIB) recovers 40% from recent low, surpasses Polygon (MATIC)
SHIBA INU (SHIB) has managed to stage an impressive comeback, recovering 40% from its Jan. 22 low.
Presently, it is the 14th biggest coin by market capitalization after surpassing Polygon (MATIC). The canine cryptocurrency is currently trading at $0.00002316 with a trading volume of $2.5 billion.