SHIBA INU devs announced “Doggy DAO” launch
The first version of DoggyDAO, a decentralized autonomous organization for members of the SHIBA INU community, has launched on decentralized cryptocurrency exchange ShibaSwap this Friday, according to an announcement shared by the project’s developers.
From now on, community members will be able to vote on which specific projects and trading pairs will be part of ShibaSwap’s WOOF liquidity pools.
Top 5 Trending Assets
Leading the Top Trending is H3RO3S, with more than 112 thousand views. RICE climbed to 3rd place with 90,792 views after experiencing continuous growth.
Three other gaming-related digital assets, ITAMCUBE, SPG, and BCOIN, are also becoming hot topics recently, taking the 2nd, 4th and 5th positions in the top Trending on ONUS app.
Cardano plans to launch another DEX in February, as per latest updates from IOHK
IOHK, Cardano’s parent company, hints that the OccamX built-in collaboration with Milkomeda, a Layer 2 protocol for delivering EVM capabilities to non-EVM blockchains, will launch the first public version of its Cardano decentralized exchange (DEX) in February.
Crypto-powered wireless network Helium raises $200 million at $1.2 billion valuation
Decentralized telecommunications network Helium has raised $200 million in a Series D funding round at a $1.2 billion valuation.
Tiger Global and FTX Ventures are among the new investors. Existing backers include Khosla Ventures, GV, Multicoin Capital, Munich Re Ventures and FirstMark Capital.
$300 million worth of orders liquidated as Bitcoin plunges to $40,000
With the majority of digital assets on the market entering the red zone, almost $300 million worth of orders were liquidated after a relief hit the digital assets market following the recovery of the majority of assets, according to Coinglass.
Bitcoin has already spiked down and dropped below $40,000 and the majority of the assets on the market are losing from 1 to 10% of their value amid the general plunge of the crypto market.
Terra injects 450M UST into Anchor reserve
Do Kwon, founder of Terraform Labs, the entity developing the Terra Luna (LUNA) and Terra USD (UST) stablecoin ecosystem, announced the injection of 450 million UST ($450 million) into the Anchor protocol’s reserves to maintain the stablecoin savings protocol’s lucrative yield of approximately 20% per annum.
Cardano sees significant growth in on-chain activity as new addresses spike 167%
According to IntoTheBlock, the number of new daily addresses being created on the Cardano network has grown by nearly 167% to surpass 112,500 addresses.
Aside from Bitcoin, Cardano is in the top place in terms of transaction activity, outpacing Ethereum. Based on transaction volume, Cardano overtook Ethereum at $15.06 billion, while the latter registered 24-hour volumes of $6.71 billion.
Top 10 Daily Gainers
API3, the native token of the API3 ecosystem, reacted positively to the new, gaining 32.5% after 24h. Based on the weekly price, API3 has gained 101.66%.
With these achievements, API3 is currently leading the Top 10 Daily Gainers on ONUS. Following closely behind are NMR (up 31.89%), GARI (up 18.12%), ANC (15.06%),…
Whale accumulates 19 million DOGE
According to Dogechain, 19,000,000 DOGE was transferred from multiple wallets to an unknown wallet, equivalent to $2,641,494.
Ethereum whales now hold over $2 billion worth of SHIBA INU
According to WhaleStats, the top 1,000 whales by assets held on the Ethereum netowrk have been increasing their exposure to the meme-inspired cryptocurrency SHIBA INU, to the point they now hold over $2 billion worth of the cryptocurrency. SHIBA INU is currently leading the list of altcoins by total holdings.