New upcoming integration on Talken
Talken, Korea’s first multi-chain NFT wallet with over 4 million users, has partnered with FIO to integrate FIO NFT Signatures + FIO Send in their platform.
These feature helps prevent NFT forgery & verify NFT authenticity and eliminate the need to copy-paste long wallet addresses.
Smart contracts on Cardano hits the 1,000 milestone
In September 2021, the Cardano (ADA) network underwent a major upgrade that included the smart contract functionality, increasing the ADA’s scalability and speed.
Since then, Plutus (a Cardano-based smart contracts platform) has seen significant growth, reaching the milestone of 1,000 contracts in only 4 months.
Ethereum small-holder addresses continue to grow and now control $7.9 billion worth
According to IntoTheBlock, the number of addresses with 1-10 ETH recently surpassed the milestone of 1 million addresses and has continued to climb since.
The blockchain analytics notes that these small-holder addresses now collectively own 3.31 million ETH, or nearly $7.9 billion worth.
Whales buy 60K bitcoins over past 2 months
As reported by Santiment, over the past two months, as Bitcoin has been sliding down from the $57,000 level pretty quickly and hit a low of $33,700 on Jan. 24, owners of BTC wallets with 100+ coins have continued to add approximately 60,000 Bitcoins to their holdings, equivalent to $2.2 billion at the current exchange rate.
Ethereum whales quietly filled up on ETH while broader market panicked
The price of Ethereum had dumped as low as $2,100 following the crash, leaving even more room for the whales to increase their holdings.
Smaller investors had followed suit but only after whales had bought hundreds of millions of dollars worth of ETH.
Global crypto owners predicted to surpass 1 billion this year
According to a report by Crypto.com, the global crypto population increased by 178% in 2021, rising from 106 million in January to 295 million in December and is expected to break 1 billion by the end of 2022.
Turkish president calls for Metaverse research
Turkish President Recep Tayyip Erdoğan has reportedly urged the Ak Party Officials to study the metaverse, cryptocurrencies and how transactions are made using them.
The economic aspects of the metaverse, cryptocurrencies and social media are likely to be addressed at a forum that will be organized by the ruling party.
Fed keeps interest rates at zero, BTC grew to an intraday high
On Jan.27, the price of bitcoin (BTC) grew to an intraday high of $38.820 after the U.S. Federal Reserve announced that it would hold interest rates near zero.
However, this will not last long because with the current high inflation rate, the FED will coordinate with the Federal Open Market Committee (FOMC) to raise the target interest rate range higher, expected in next March.
Reddit is now testing NFTs as profile pictures
Reddit has become the latest participant in the NFT space as it is testing a feature that would allow users to set NFTs as their profile pictures.
This is currently in the very early internal testing phase. There hasn’t been any discussion of expansion or possible rollout of the feature to the general public yet.
Axie Infinity has officially launched the RON token
On Jan.27, Axie Infinity announced that it has officially launched RON, the governance token of Axie’s Ronin sidechain with a total supply of 1 billion units.
RON’s main purpose is to pay for gas fees and allow users holding RON to participate in block validation and be rewarded with RON tokens.