The 18th quarterly BNB burn completed via BNB auto-burn
On Jan.17, Binance announced that it had carried out the 18th BNB burn up, a quarterly operation carried out by the exchange to lessen the complete provide of BNB from 200 million to just 100 million.
In total, 1,684,387 BNB have been burned permanently, equivalent to $906,764,885.
Binance partners with Thai billionaire to set up local crypto exchange
Binance has teamed up with Gulf Innova Company — a wholly-owned subsidiary of Gulf Energy Development Public Company — to set up a crypto exchange in the country.
Gulf Energy announced the news in a letter to the Stock Exchange of Thailand on Monday, saying that it foresees “rapid growth” in Thailand’s digital infrastructure and that Binance’s partnership will help develop that infrastructure.
Malaysia’s central bank actively assessing CBDC options
Malaysia’s central bank, Bank Negara Malaysia has joined the growing cadre of nations that are exploring the value of researching and developing a central bank digital currency (CBDC).
In 2021, Malaysia collaborated with South Africa, Australia, and Southeast Asian neighbor Singapore to develop a proof-of-concept CBDC pilot called Project Dunbar, according to a joint announcement.
Cardano price surges after Metaverse project launch
On Jan.15, the NFT and Pavia.io, metaverse project on Cardano officially launched. The price of ADA token reacted positively to the new, achieving a growth of 30.9% after 1 week. During the last 12 months, the crypto asset has risen in value by 336.5%.
$40 million worth of XRP withdrawn from Binance
A transaction appeared on the network a few hours ago of an undisclosed trader moving $40 million away from the exchange. The address currently owns a staggering 520 million XRP coins that he has been staking since November.
Top 03 Daily Gainers
$COTI: +20.76%
$BAMI: +19.35%
$REQ: +14.77%
COTI, the token of the COTI network, is leading the Top Gainers on ONUS. COTI grew by 20.76% and is currently trading at 9.062 VNDC. However, with the ATH of 16,616 VNDC, many investors still have high expectations for the potential breakthrough of this token.
BAMI and REQ also made the list with the growth of 19.35% and 14.77% respectively.
383.5 million SHIB burned in past 3 days
Over the past 24 hours, 144.5 million SHIB tokens have been removed from circulation forever. This brings the total amount of SHIB burnt to 383.5 million in just 3 days.
The Australian Open swings into the Metaverse on Decentraland
Tennis Australia has partnered with Decentraland (MANA) to host the Australian Open (AO), which will be the first official tennis grand slam in the Metaverse.
A virtual recreation of key areas in Melbourne Park, including the Rod Laver Arena and Grand Slam Park, will be open for the duration of the Australian Open tournament, which will run for a fortnight beginning on Jan. 17.
SHIB, DOGE and ETH become most popular coins in US
Huobi Group recently released a large report designed to determine the level of perception of the crypto industry that has shown exponential growth in 2021 and even hit the mainstream.
As the report suggests, SHIBA INU, Dogecoin, Ethereum and Bitcoin are leading the top of the “most heard of” cryptos among the public.
Cardano (ADA) surpasses Ethereum by transaction volume as ADA price soars
According to data provided by Messari, on the morning of Jan.17, Cardano’s 24-hour trading volume reached $7.02 billion, surpassing Ethereum’s 24-hour trading volume of $5.41 billion.
The price of the native ADA token is up roughly 13.59% in the past 24h and grew by more than 32.46% over the past week. It is now the fifth-biggest cryptocurrency by market capitalization, surpassing the USD Coin stablecoin and Solana.