Great Britain is aiming at regulating cryptocurrency and the DeFi industry as a whole. Regulators have also proposed to remove references to blockchain from the definition of crypto assets, but they have not clarified how.

More info: https://bit.ly/3tCIyqE

Cardano Foundation has announced the launch of a new project to boost third-party smart contract development in collaboration with EMURGO, the commercial arm of the Cardano blockchain.

More info: https://bit.ly/33LdA4M

Microchip giant Intel could be about to enter the crypto and Bitcoin mining hardware market.

The technology giant is set to unveil its “Bonanza Mine” processor at the International Solid-State Circuits Conference (ISSCC) commencing on Feb. 20.

More info: https://bit.ly/3KrZ5Un

Following a request from the Monetary Authority of Singapore, Daenerys & Co., Singapore’s largest operator of the machines, said late on Tuesday, January 18, that it had suspended operations.

More info: https://bit.ly/3rtZrBi

Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of renewable energy for Bitcoin mining.

In a recent interview with the Financial Times, Thedéen said that Bitcoin (BTC) mining has become a “national issue” and warned cryptocurrencies could pose a risk to climate change goals.

More info: https://bit.ly/3rzbT2z

According to the data provided, since Dec. 1, an astounding 2,576,326,394 SHIB have been sent to a dead wallet. That is worth $71,441.

More info: https://bit.ly/3KloKON

Shivakumar Venkataraman, Google’s engineering vice president, will spearhead the effort to take tech giant deeper into the distributed computing and blockchain space.

According to a Jan 20 Bloomberg report, the new unit is focused on “blockchain and other next-gen distributed computing and data storage technologies.”

More info: https://bit.ly/3IoyoOS

352.67 million dollars were printed in the last 24 hours by USDC

More info: https://bit.ly/3Ksa00t

Ripple has landed a small victory in their legal battle with the Securities and Exchange Commission (SEC) that has lasted over a year. A federal judge has ruled to grant Ripple access to emails within the SEC, which Ripple believes will help their case.

More info: https://bit.ly/3tGQ7Nh

The bitcoin price has crashed 10% over the last 24 hours, dropping under $40,000 to around $38,000, a level not seen since the summer of 2021. Meanwhile, the price of ethereum, BNB, solana, cardano and XRP have all dropped between 7% and 11%.

More info: https://coinmarketcap.com/

Binance will list API3 (API3) and will open trading for API3/BTC, API3/BUSD and API3/USDT trading pairs at 2022-01-21 10:30 (UTC).

More info: https://bit.ly/3nK62GV

Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions.

More info: https://bit.ly/3tMa2KP

Binance has added CELO, COTI, FLUX, HBAR, ICX, POND and YGG as new borrowable assets on Cross Margin, and BTC/USDC, CELO/BUSD, ETH/USDC, FTM/ETH, LINK/ETH, LUNA/ETH, POWR/ETH, SAND/ETH, SOL/ETH, SYS/USDT and XMR/ETH as new pairs on Isolated Margin.

More info: https://bit.ly/354761z

The newly-appointed New York City Mayor Eric Adams has stood by his word to take his first paycheck in cryptocurrency.

More info: https://bit.ly/3nJqQOs

Telegram founder, Pavel Durov stated that the proposed ban on crypto would “destroy a number of sectors of the high-tech economy.” He added:

“Such a ban will inevitably slow down the development of blockchain technologies in general. These technologies improve the efficiency and safety of many human activities, from finance to the arts.”

More info: https://bit.ly/3G8dWjL

Vice-chair of the European Securities and Markets Authority Erik Thedéen argued Bitcoin mining has become a national issue and warned of the risks posed to the environment and climate change.

More info: https://bit.ly/3GZYiIq

The average blockchain load on the Cardano network reached 94.49% on January 22, 2022; the highest figure recorded on the network since January 16, when the indicator spiked to reach 91.79% from January 14, which stood at 55.23%.

More info: https://bit.ly/32s692n

Hayden Zadams, founder of Uniswap, said that JP morgan Chase closed his bank accounts without notice or explanation.

More info: https://bit.ly/3tRY2aq

An exploit on OpenSea’s front-end reportedly allowed the perpetrator to steal approximately $750K worth of ETH.

More info: https://bit.ly/33Kwauk

Europe’s country Kosovo bans cryptocurrency and Bitcoin mining due to spiking energy prices and blackouts. Amid the crack-down against Bitcoin mining, miners within the country have started selling off their mining equipment.

More info: https://bit.ly/3KD93m2

Bank of America crypto strategists Andrew Moss and Alkesh Shah wrote in a Jan. 24 note that CBDCs “are an inevitable evolution of today’s electronic currencies,” according to a Bloomberg report. The analysts wrote:

“We expect stablecoin adoption and use for payments to increase significantly over the next several years as financial institutions explore digital asset custody and trading solutions and as payments companies incorporate blockchain technology into their platforms.”

More info: https://bit.ly/3fV6z4n