Manta Pacific Replaces Base as Fourth Largest Scaling Solution: L2Beat

Manta Pacific is the native layer 2 of the Manta Network.Source

TUSD Loses $1 Peg Amid Binance’s FDUSD Focus: Analyst

Binance introduced zero-fee FDUSD trading in December, giving users an incentive to sell.Source

Fantom Slashes Validator Staking Requirements by 90%, FTM Prices Unchanged

The move could help improve network security as validators are more widely distributed across the world, developers said.Source

Arthur Hayes Believes Bitcoin ETFs Could Bring in Billions From TradFi

ETFs could open up a line of trading avenues centered around arbitrage, options and financing, Hayes said.Source

Bitcoin’s ‘Sell The Fact’ Pullback Came From Binance, OKX: Kaiko

The cumulative volume delta (CVD) indicator show traders from Binance have led the so-called “sell-the-fact” pullback in bitcoin.Source

Circle Highlights Surge in USDC Use for Asia Remittances in New Report

Since its introduction in 2018, USDC has been used to settle over $12 trillion in blockchain transactions.Source

First Mover Americas: Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Google Cloud Joins Flare Network as Validator, FLR Jumps 5%

Flare, which calls itself “the blockchain for data,” gives developers access to decentralized data via its Oracle system..Source

Do Kwon Appeals New Montenegro High Court Decision Upholding Extradition Requests, Lawyer Says

Local courts may be facing political pressure regarding Kwon’s extradition to the U.S. or South Korea, his lawyer Goran Rodic told CoinDesk.Source

Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right

The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts said.Source