What Happened in the Cryptocurrency Market During the Week of January 13-19
Project news
The crypto project World (Worldcoin) has passed the threshold of 10 million verified users.
NFT collection Azuki announced an airdrop of the ANIME token.
Cardano founder Charles Hoskinson has confirmed that his project is in talks with Ripple to integrate the RLUSD stablecoin into the ADA ecosystem.
The Open Network (TON) blockchain, closely linked to the Telegram messenger, is preparing to enter the US market.
Tron launches updated USDD stablecoin with 20% annual yield.
Tether has announced the launch of a new stablecoin USDT0 for cross-chain transactions in collaboration with cryptocurrency exchange Kraken.
Popular DePIN project Grass has unveiled its roadmap for the next 12 months.
Ethereum developers plan to implement the Pectra update in March 2025.
Cryptocurrency Exchange News
Solana-based decentralized exchange Mango Markets has shut down due to legal issues.
OKX Exchange Founder Hints at New Product Launch in February
Binance has officially received permission to operate in Uzbekistan.
Binance has announced the launch of a partnership project with the national postal operator of Kazakhstan to replenish accounts on the crypto exchange.
Regulatory news
Singapore has banned access to prediction platform Polymarket as part of a national campaign against unlicensed online gambling.
The court sided with Coinbase in its case against the SEC.
The US Supreme Court has denied Binance's request to review a lawsuit related to the sale of unregistered tokens.
The US Securities and Exchange Commission (SEC) has filed a lawsuit against entrepreneur Elon Musk.
The court ordered the crypto exchange company BitMEX to pay a fine of $100 million for violating US laws.
Investment giant VanEck has filed with the SEC to launch an exchange-traded fund (ETF) to invest in crypto companies.
The Nasdaq Stock Exchange has filed with the SEC to launch a Litecoin (LTC) spot ETF from Canary Capital.
SEC inundated with crypto ETF applications as Gary Gensler steps down
The SEC has postponed its review of Bitwise's application to launch a crypto index ETF until March.
Other crypto market news of the week
Trump launched a Solana-based memecoin, TRUMP, days before his inauguration. Its market cap surpassed $14 billion, making it a top-20 cryptocurrency within 24 hours of its launch.
Email addresses of more than 7 million users of the NFT marketplace OpenSea have leaked online.
Sony Launches Mainnet of Soneium Blockchain Platform
The Dubai government has announced plans to build the world's first cryptocurrency tower.
Plutonex