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- BlackRock CEO Eyes Ethereum ETF
BlackRock CEO Eyes Ethereum ETF
🌐 Fink Supports Ethereum ETF
BlackRock CEO Backs ETH: Larry Fink, CEO of BlackRock, expressed support for Ethereum ETFs, seeing potential in their growth. He mentioned Ethereum's recent shift to a proof-of-stake model.
Ethereum's Energy Efficiency: Fink emphasized Ethereum's energy efficiency post-upgrade. The switch has reportedly reduced energy consumption by 99%, aligning with BlackRock's sustainability goals.
Investment Shift Significance: This endorsement is significant for crypto, marking a potential shift in institutional investment attitudes. Fink's comments suggest a growing acceptance of digital assets. Read More.
️ On today's Top Picks:
- 📝 Circle files for US IPO.
- 🗡️ Near Foundation to cut staff.
- 🐻 Berachain Artio Testnet is live.
- 🪂 Orbiter Finance confirms token.
Read time: ⏰ 9 minutes
Crypto News
• Bitcoin ETF's see $4.6B in volume on first day of trading.
• Senator Warren says SEC is wrong with Bitcoin ETF decision.
• Vanguard blocks clients from trading Bitcoin ETFs.
• CoinShares acquires Valkyrie Funds following Bitcoin ETF approval.
• ⭐️ Circle files for US initial public offering (IPO).
• StarkWare CEO Uri Kolodny steps down due to medical challenges.
• ⭐️ Near Foundation to cut 40% of staff though treasury “remains strong.”
• Do Kwon counsel request US court delay SEC trial due to extradition uncertainty.
• Genesis settles with NYFDS, forfeits BitLicense, and pays $8M fine.
• Coinbase partners with Yellow Card to expand USDC access in Africa.
• Optimism RetroPGF Round 3 results are live distributing 30M $OP.
• Gelato's proposal to power ApeChain is live.
Alpha
• ⭐️ Berachain Artio Testnet is live.
• Linea announces first mint date for LXP is set for January 22nd.
• Mantle Journey Season Alpha ends January 15th.
• Orbiter Finance launches Manta Airdrop Extravaganza.
• Encode Club announces Q1 bootcamps.
• Binance Bytes by Binance Research.
• Q1 Roadmap Calendar by LayerGG.
Airdrops
• ⭐️ Orbiter Finance confirms launch of token is set for this year.
• Dymension $DYM airdrop claim closes in several days.
• Namada $NAM airdrop claim closes.
• Ambient airdrop strategy by mztacat.
Finance News
• Robinhood $HOOD lists all eleven Bitcoin ETFs.
• US Inflation rises to 3.4% for December, higher than expectations.
• IRS waives penalties on unpaid taxes for 2020, 2021.
• Biden administration to forgive some student loan borrowers' balances early.
• BlackRock $BLK to buy Global Infrastructure Partners for $12.5B.
• Citigroup $C to cut 20K jobs by 2026.
• Wells Fargo $WFC second branch votes to unionize.
• Metro Bank CFO James Hopkinson leaves company due to personal reasons.
• Google $GOOG cuts hundreds of jobs across engineering and hardware teams.
• Tesla $TSLA faces supply chain delays due to crisis on the Red Sea.
• EBay $EBAY to pay $3M penalty to resolve a US criminal probe.
Security and Exploits
• CoinGecko secures X accounts following phishing attack.
• SlowMist issues security alert for a Uniswap arbitrage MEV bot scam.
• GitLab releases security updates fixing two critical vulnerabilities.
Token Unlocks
• CyberConnect / 1.26M $CYBER / ~$9.24M / JAN 14
Funding
• SkyArk Chronicles, a Triple-A game creation system and online gaming platform; raises $15M in funding led by Binance Labs.
• Pontem, a Web3 product development studio; raises $6M in funding co-led by Faction and Lightspeed Venture Partners.
• Bitfinity, a Bitcoin Layer 2; raises $5.5M in funding.
• Kasu, a risk-optimized RWA yields platform; raises $3M in Seed funding.
• Eesee, a one-stop liquidity solution for sellers; raises $2.9M in funding.
• De(.)Fi, a Web3 superapp and Web3 antivirus; raises an undisclosed amount in funding led from 21Shares.
• Orbiter Finance, a ZK-Tech based Ethereum acceleration engine; raises an undisclosed amount in Series A funding led by OKX Ventures.
• Particle, a permissionless leverage trading protocol; raises an undisclosed amount in Seed funding led by Polychain.
The Degen Farmer
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PROTOCOL | ASSETS | APY |
---|---|---|
Solv Funds (Arbitrum) | USDT | 93.03% |
Vela Exchange (Arbitrum) | USDC | 48.82% |
Pendle (Arbitrum) | GDAI | 44.35% |
Beefy (Arbitrum) | MIMARBUSDCEUSDT | 41.11% |
Merkl (Arbitrum) | STEURUSDC | 39.91% |
Aura (Ethereum) | DOLAUSDC | 35.79% |
Abracadabra (Arbitrum) | MIMUSDCUSDT | 35.74% |
Curve DEX (Ethereum) | IDAIIUSDCIUSDT | 31.01% |
+$600,000,000 in airdrops was lost |
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That’s it for today’s edition! See you soon.
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