Daily Digest – January 9th

• SEC launches investigation into DCG over transfers to subsidiary company Genesis.

• Ethereum developers advance plans for Ether withdrawals via Shanghai upgrade.

• Huobi outflow landslide slows as Justin Sun makes show of confidence.

• Circle commits 30% of reserves to its government money market fund.

• Altcoins continue to rally as Cardano (ADA) and Solana (SOL) lead with 20% gains.

Ethereum Developers to Focus on Withdrawals of Staked Ether in the Shanghai Upgrade

Ethereum developers decided during their first All Core Devs meeting of 2023 to launch the Shanghai Upgrade in March and...

GALA Soars by 70% After Dwayne Johnson and Mark Wahlberg’s Movie Announcement

The sudden price rally of GALA coincided with the announcement of the development of two films featuring Hollywood stars Dwayne Johnson and...

Circle’s USDC Reserve Fund Hits $43.4 Billion, BlackRock Now Manages 30% of the Fund

As of Q4 2022, Circle held $43.4 billion in USDC reserves to back 43.23 billion USDC in circulation. It holds $32.2 billion, or around 75% of ...

He Fell Victim to Crypto Romance Scam: What’s Waiting Ahead?

Marijonas is one of the numerous victims of the so-called pig butchering scheme, the fast-emerging type of online scam that combines romance and...

Hong Kong to Provide Tokenized Green Bonds for Institutional Investors: Reports

There are reports that the Government of the Hong Kong Special Administrative Region of the People’s Republic of China has resolved...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team