Adoption
Technology
Decentralized social network Nostr launches mobile app ‘Damus’
Twitter co-founder Jack Dorsey said Damus' launch is a "milestone for open protocols."
Tokenization
$588M worth of unlocks scheduled for February
17 projects, including 1inch, Tornado Cash, Moonbeam, ApeCoin and Aptos will unlock a portion of their tokens throughout the month.
Analysis
Avalanche network records 3.4% growth in Q4 2022
Avalanche ended 2022 with significant subnet improvements and an increased number of daily transactions.
Politics
Turkey’s Nation Alliance set for crypto adoption
Turkey's opposing coalition released its doctrine as the elections approach — which included 13 matters aiming to increase crypto adoption.
Trading
Bitcoin liquidations in last 24 hours top $160M
Data shows that a total of $160.7 million worth of BTC got liquidated in the last 24 hours.
Regulation
Singapore financial watchdog’s chairman questions if regulating crypto legitimizes speculation
The Monetary Authority of Singapore's Chairman Tharman Shanmugaratnam said regulating the crypto industry would give credibility to speculation and it may be better to leave it unregulated.
Investments
60% of investors believe ETH has better growth potential than BTC – CoinShares survey reveals
A recent CoinShares survey revealed that 60% of the participants believe ETH has a more compelling growth outlook than BTC.
Analysis
Gaming unique active wallets grew 60% in 2022 – on-chain transactions up 37%
Wax, Hive, and BNB chain became the most popular gaming blockchains with 353,000, 234,000, and 136,000 daily UAWs, respectively
NFTs
Amazon to launch gaming-focused NFT initiative
One example of the initiative — allowing Amazon customers to play crypto games and claim free NFTs — is currently being developed.
Research
Research: NFTs accounted for 28% of the ETH gas usage in January
The Defi, ERC20, and stablecoins categories occupy the second, third, and fourth largest share with 8%, 8%, and 6%, respectively.
NFTs
Pudgy Penguins launches cross-chain transactions for Polygon, BNB Chain, Arbitrum
The project is using LayerZero to expand its current Ethereum blockchain to improve ease of access and network capability.
DeFi
Four RWA lending protocols rank among top 10 lending apps with largest collected interest
TrueFi, Maple Finance, Goldfinch, and Centrifuge collected the third, fourth, seventh, and tenth largest sum in interest, respectively.