Indonesian crypto exchanges must register with new bourse
Regulations introduced in 2019 by the Indonesian Commodity Futures Trading Supervisory Agency (Bappebti) require all crypto exchanges operating in the country to seek authorization.
Firms must undergo stringent checks to win recognition as legitimate enterprises linked to the CFX.
Avalanche Foundation will invest in memecoin
The Avalanche Foundation announced plans to use funds from the Culture Catalyst fund, worth $100 million, to establish a memecoin investment portfolio on the Avalanche blockchain.
This decision was taken after the organization realized the importance of the memecoin segment to the cryptocurrency ecosystem.
Whale accumulated 212,994 LTC
According to Whale Alert, in the last 24 hours, 212,994 LTC was transferred from Binance to an unknown wallet. This amount of LTC is worth $16,380,023.
Whale accumulated 150,000 SOL
According to Whale Alert, in the last 22 hours, 150,000 SOL was transferred from Bybit to an unknown wallet. This amount of SOL is worth $15,575,762.
Fuse Network partners Polygon to introduce ZK-powered Layer-2 network
Fuse Network, a leading Layer-1 blockchain player specializing in scaling Web3 payments, has teamed up with Polygon Labs.
Fuse embarks on an ambitious journey to create an innovative Ethereum-based Zero Knowledge (ZK) Layer-2 (L2) network, utilizing the formidable capabilities of the Polygon Chain Development Kit (CDK).
Ethereum (ETH) network activity increased has been sharply increasing
In the last 7 days, the number of new addresses in the ETH network has increased by 17.5%, and the number of active addresses has increased by 23%.
Over 76% of Ethereum addresses are in the money at the current price. Only 22.5% of ETH addresses are out of the money, whereas around 1.17% are at the break-even point.
Top 5 Daily Gainers
QI, the native token of BENQI, a decentralized non-custodial liquidity market protocol built on the high-speed Avalanche smart contract network, surprised when it took the 5th position in the Top Gainers on ONUS with a growth of 22.857% after 24 hours.
This asset has officially reached a growth milestone of 192.611% in just 1 month and 350.758% in 3 months.
Chainlink (LINK) is becoming whales’ favourite altcoin
The data from Spotonchain shows that a whale withdrew 136,146 LINK ($2.05 million) from Binance on Wednesday. The whale withdrew a total of 348,007 LINK ($5.58 million) over the past 9 days.
Meanwhile, in the past 7 days, the balance has been down by at least 400,000 LINK tokens.
Whale accumulated 3,725 BTC
According to Whale Alert, in the last 16 hours, 3,725 BTC was transferred from Coinbase to an unknown wallet. This amount of BTC is worth $161,714,682.
South Korean officials to disclose crypto assets in 2024
Starting in 2024, the Public Official Ethics System will give Korean citizens access to at least 5,800 official declarations.