Former UK Chancellor George Osborne Joins Coinbase as Adviser
Osborne becomes the second former U.K. chancellor to join a crypto firm following, his immediate successor Philip Hammond.
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Financial
Markets ‘Too Optimistic’ About Fed Rate Cuts: JPMorgan Asset Management
“The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed,” strategists said, explaining a potential for a decline in risk assets.
Financial
Binance Reviews Its Majority Stake in South Korean Crypto Exchange GOPAX
The world’s largest crypto exchange by trading volume acquired a majority stake in GOPAX in February 2023, re-entering a market it had vacated two years previously.
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Sui Becomes a Top 10 DeFi Blockchain in Less Than a Year
Developers on Sui are building products that people are using to address real-world challenges, according to Greg Siourounis, Sui’s managing director.
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UK’s Digital Pound Approach Should Help Manage Privacy Concerns, Experts Say
The Bank of England’s recent consultation saw 50,000 responses, many welcoming the digital pound’s design but sharing concerns about privacy.
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NFTs Outpaced Ether’s Gains in January
Ether prices are set to close the month just over 2% higher, while major NFT indexes have advanced almost 10%.
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Solana DEX Jupiter’s JUP Token to Debut With 1.35B Circulating Supply
The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.
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Ethereum’s ‘Dencun’ Upgrade Goes Live on Second Testnet, With Just One Remaining
Next week, on Feb. 7, Dencun will go live on its final Ethereum testnet, Holesky. After that, developers will ink in a date to activate Dencun on the main blockchain.
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Vitalik Buterin Says Developers Should ‘Tread Carefully’ Mixing Crypto and AI
The Ethereum co-founder has warmed up on the potential intersection between AI and crypto, though he warns developers to be careful.
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Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing
GRIID commenced trading on the Nasdaq Küresel Market on Monday under the ticker symbol “GRDI” while continuing to trade on Cboe Canada under the same ticker.