1. Stellar Lumens (XLM) is now the ninth-largest cryptocurrency by market capitalization, overtaking Chainlink (LINK) and Binance Coin (BNB), according to data from major crypto tracking website CoinGecko. At publishing time, Stellar’s market cap amounts to $6.6 billion, while LINK and BNB’s market caps stand at $6.1 billion and $5.8 billion, respectively.Continue Reading on Coin Telegraph.
2. Bakkt, one of the biggest cryptocurrency companies in the United States, will not support XRP as part of its further product development, according to the CEO. On Jan.
3. Ripple seems to be moving in silence but it has been working on bigger projects, namely on furthering central bank digital currency (CBDC) development. (Read More)
4. New Zealands Financial Watchdog Warns on Crypto Investment Risks. The warning comes a day after the regulator’s U.K. counterpart, the Financial Conduct Authority, also raised similar concerns.
5. Avatar Social Platform IMVU Launches Ethereum Token to Power Its Virtual Economy. The VCOIN token launch got the green light from the U.S. Securities and Exchange Commission late last year.
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