Solana could become the Visa of Digital-Asset World
The Solana blockchain could become the “Visa of the digital asset ecosystem” as it focuses on scalability, low transaction fees and ease of use, according to Bank of America.
Solana has experienced strong adoption since launching in 2020. It has settled over 50 billion transactions, has more than $11 billion in total value locked and has been used to mint more than 5.7 million NFTs.
Announcing the launching roadmap of RICE Wallet 1.0
– Collaborate with CertiK and CyStack
– Cooperate with digital asset investment platform ONUS.
– Implement the Airdrop program in February 2022.
– Launch RICE Wallet App on February 20, 2022.
First DEX on Oasis Network hits $100M TVL in 24 hours
In its first 24 hours of operation, YuzuSwap, the first decentralized exchange operating on the Oasis Network, achieved a total value locked, or TVL, of $100 million. Trading volumes over the 24-hour timeframe reached $323 million.
Following the launch of YuzuSwap and Binance Labs’ investment in the Oasis Network, ROSE, has gained 14.2% over the past 24 hours. The token is up 43% over the past two weeks and 67% over the past month.
Iran to allow crypto payments for international trade
The Central Bank of Iran, or CBI, and the Ministry of Trade have reached an agreement to link the CBI’s payment platform to a trading system allowing businesses to settle payments using cryptocurrencies.
Alireza Peyman-Pak, Iran’s deputy minister of Industry, Mine and Trade and head of Iran’s Trade Promotion Organization, or TPO, said that the new payment mechanism is expected to be finalized within the next two weeks.
ANY gained 32.48% in 24 hours, leading the Top Gainer on ONUS
The data shows that since falling to a fairly low level of $15.16 on January 10, the price of Anyswap (ANY) has rallied and bounced back to $23.94 this morning of January 13. The 24-hour trading volume spiked to $43.95 million.
ANY’s growth comes from the fact that this protocol has added 2 new networks to the supported list, including: FomoETH and Moonbeam (recently launched on Polkadot).
Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation mode
New data from Glassnode shows that Bitcoin (BTC) miners are accumulating “massive” amounts of BTC. Total BTC reserves were 1.859 million BTC as of Monday, the highest since a marked reduction at the end of 2020 after BTC/USD passed its previous all-time highs from 2017.
Algorand partners with Alchemy Pay to drive direct fiat payments
Algorand is bringing direct fiat payment channels into their network through a partnership with Alchemy Pay, a payment solutions provider that connects fiat and crypto economies.
Integrating with Alchemy Pay gives Algorand the ability to onboard users via fiat payment standards such as Visa, Mastercard, PayPal and other local payment channels worldwide. Alchemy Pay will now support Algorand’s ALGO token for payments in 65 countries.
Moonbeam’s GLMR token price jumps 200 times after listing on Binance
On Jan.11, after being listed on Binance, Glimmer (GLMR), the token of the Moonbeam ecosystem grew significantly from $0.25 to a peak of $51, which is 200 times the listing price. GLMR is currently trading at $8.81.
Fed Chair says a US CBDC and Stablecoins could coexist
Jerome Powell – Chairman of the Federal Reserve – appears to have reversed one of his previous positions on the relationship between CBDCs and stablecoins. Testifying in front of the US congress, he suggested that both could co-exist, without the former replacing the latter.
dYdX Trading Inc. plans to launch dYdX V4
dYdX, the open-source, decentralized exchange built on the Ethereum blockchain stated that it is working on the development of dYdX V4, which is expected to be launched at the end of this year.
It will be fully decentralized, there will be no central control node, and transaction fees will be owned by the community.