Binance will adjust some spot trading pairs on January 19. Coinbase announced that it will integrate Yellow Card’s payment system. LD Capital announced that it has established a fund to invest in Solana ecosystem projects. And more!
There is news from Binance, Coinbase, Solana and these 5 altcoins…
LD Capital established Solana ecosystem project investment fund
LD Capital announced the establishment of the Solana Ecosystem Fund, focused on investing in Solana ecosystem projects. The fund aims to participate deeply in the development of the Solana ecosystem, supporting innovative projects and groups. It will also accelerate the development of ten or more Solana ecosystem projects. In this way, it aims to help more portfolios switch to Solana for construction. Solana ecosystem projects currently invested by LD Capital are:
- Render Network (RNDR): A protocol that uses a decentralized network for distributed processing.
- Star Atlas (ATLAS): A game metaverse that runs on the Solana public chain.
- OpenOcean (OOE): The first cross-chain aggregation protocol that brings together mainstream DEX ecosystems on ETH, Layer2, Solana, BSC, ONT and TRON.
- DivvySolana: A staking protocol for the Solana ecosystem.
- Larix (LARIX): A lending protocol for the Solana ecosystem.
Celsius will pay its debt through PayPal and Coinbase
According to bankruptcy court documents filed in the Southern District of New York, Celsius will make debt repayments to creditors residing in the US via PayPal and to creditors outside the US via Coinbase. If it is not possible to receive payment in cryptocurrency due to special circ*mstances, payment will be made in US dollars. The plan will come into force on January 31. Additionally, Celsius will make refunds as soon as possible.
THENA participated in the event with $ 1,000 token rewards
THENA announced that it participated in the OPBNB New Year Celebration event. To participate in this activity, users must follow these steps: first, connect their wallets on the official website; then stake in THE/BNB liquidity pool on opBNB; Finally, complete more steps for a chance to win up to $1000 in token rewards.
THENA is a community-driven liquidity hub on BNBChain and opBNB. Other projects participating in the OPBNB New Year Celebration event include PancakeSwap, Polyhedra Network, Trust Wallet and RhinoFi. The total prize pool is over $450,000. Additionally, there are currently more than 140,000 participants in the activity.
Binance will adjust spot process parities
Binance will set the minimum price sensitivity (i.e. minimum unit price change) for some spot trading pairs before 15:00 on January 19, 2024. The exchange does this to improve market liquidity and trading experience. During the adjustment period, spot trading and processes will not be affected.
Binance stated that it will update the API simultaneously. Additionally, API users will be able to view the latest price sentiment via GET /api/v3/exchangeInfo. Meanwhile, Binance noted that existing spot orders will not be affected by this. Once the price sensitivity is updated, the system will continue to match orders based on the brand new sensitivity in the matching system.
Memeland announced that it will distribute FARMING rewards to users
Memeland announced that it will soon distribute FARMING rewards to users. The official noted that due to more than 4 million accounts participating in the mining process, a number of measures must be taken to reward real supporters and exclude bots and questionable activities to ensure fairness:
- BREAST Proof: Users must have at least 69 BREASTS in their wallets until the reward distribution is complete.
- Human Proof: Users must pass two CAPTCHA tests (reCAPTCHA and hCaptcha).
- If necessary, Memeland can also share on-chain data, IP addresses, etc. will analyze.
- Memeland stated that it reserves final decision-making authority on wallets eligible for mining rewards.
Optimism completes Canyon upgrade
Optimism, the layer-2 platform on Ethereum, announced that the Canyon upgrade has been deployed to the mainnet. Alongside this news, the results of RetroPGF Round 3, a funding program that supports “public interest” initiatives in the Optimism ecosystem through the distribution of OP tokens, were also announced. However, the allocation of tokens and the list of beneficiaries sparked controversy within the crypto community.
RetroPGF Round 3 results are here!
30M OP was granted to contributors building the public goods that power the Optimism Collective. pic.twitter.com/f4KicSz99t
— Optimism (@Optimism) January 11, 2024
Circle Internet Financial Closed S-1 application progressing
cryptokoin.com As we reported, Circle Internet Financial, the issuer of the widely used USDC stablecoin, has secretly filed for an initial public offering (IPO). The announcement comes as a testament to the growing influence and acceptance of digital assets in the mainstream financial landscape. According to Circle’s statement, the company submitted a tacit draft S-1 document to the US Securities and Exchange Commission (SEC). The filing, which is kept private for now, is a strategic step towards the first public offering of shares.
Coinbase established a partnership with Yellow Card
Coinbase integrates Yellow Card’s payment rails. This will enable Coinbase customers in Africa to more easily switch between fiat and crypto, including USD Coin. In this way, Coinbase will expand access to its products to 20 new African countries. Coinbase made the following statement regarding the bet:
Our new partnership […] will help herald the future of money by providing millions of users with access to USDC through both Coinbase and Yellow Card products, as well as fast, reliable, cheaper processes on our decentralized, open L2 Base.
Crypto is here to stay — helping drive a more open, accessible, and global financial system.
Coinbase products will now be available in Africa, starting with 20 countries across the continent. Learn more about our partnership with @yellowcard_app: https://t.co/IsZueHmbOU pic.twitter.com/Y0oZOwwdxr
— Coinbase 🛡️📞 (@coinbase) January 11, 2024
