SUSHI jumps 10% after top Avalanche developer proposes takeover
Sushi tokens jumped as much as 10% to over $6.19 from a low of $5.3. The move came shortly after Daniele Sestagalli, a top application developer on layer 1 blockchain Avalanche, proposed joining the platform in a post on the project’s governance forum.
90% of all 21 million Bitcoin have now been mined
90% of all bitcoins have been mined as of Monday morning, according to data from blockchain tracker Blockchain.com. This means 18.89 million bitcoins of a maximum of 21 million are now on the open market.
Binance is planning a new crypto venture in Indonesia
The latest update on Binance’s global expansion saw the crypto exchange’s efforts to extend business in Indonesia.
According to Bloomberg, the world’s largest exchange was confirmed to be in discussions with PT Bank Central Asia to set up a crypto exchange in this country.
ONUS Top 3 Daily Gainers
$CLV: +26.16%
$DUSK: +17.59%
$RNDR: +16.13%
CLV, token of Clover Finance – a blockchain infrastructure platform that’s focused on cross-chain compatibility for DeFi applications, is leading the Top Daily Gainer on the ONUS application with the growth of 26.16%
Thailand doesn’t prohibit crypto use for payments
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal.
The Tourism Authority of Thailand (TAT) revealed that it is working with the SEC and the central bank to make it easier and more convenient for visitors to spend cryptocurrencies in the country.
Total XRP transactions and account creations spike in November
In November, the total number of transactions processed on the XRP network spiked from 43.3 million in October to 53.3 million in November, while the number of new accounts being created also rose 11.8% to 237,000.
Crypto regulations for South Africa are coming in 2022
The country’s Financial Sector Conduct Authority (FCSA) says it wants to establish a set of rules that will provide adequate investor protection, especially amid growing cryptocurrency-related fraud in South Africa.
According to Unathi Kamlana — South Africa’s top financial regulator — the crypto regulations will include provisions to govern cryptocurrency trading as well as matters relating to the interaction between digital currency and the country’s financial markets.
Ethereum whale with $800 million in assets accumulated over 1.6 trillion SHIB
According to WhaleStats, the Ethereum whale has purchased close to $1.8 million worth of the cryptocurrency over the last few days to add an additional 50 billion tokens to its stash. The investor now has over 1-67 trillion tokens of the meme-inspired cryptocurrency in its wallet.
Cardano successfully launches testnet
Cardano founder Charles Hoskinson revealed that an ERC-20 converter testnet is now up and ready for the community to try. Testnet users can make the most of a permissioned bridge to transfer these tokens between Ethereum and Cardano.
Assembly announces $100M capital raise
Assembly, a decentralized layer one smart contract network built within the IOTA ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital and Huobi Ventures.
The project stated that the funds will be used to accelerate the development of decentralized finance protocols, nonfungible tokens (NFTs) and play-to-earn crypto games.