1. Donald Trump helps Polygon NFTs outsell Ethereum on OpenSea exchange for second month
📰 According to blockchain data aggregator Dune Analytics, there were 1.3 million Polygon NFTs sold in December and 1.5 million in January, while Ethereum’s numbers for those same months were 995,000 and 1.1 million.
📰 “Trump Digital Trading Cards” was Polygon’s top project by sales value on OpenSea in January with 5,517 sales totaling 1,760 Eth (US$9.2 million).
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2. Binance launches Greenfield Whitepaper, more utility for BNB
📰 Binance has reportedly issued a whitepaper for its Greenfield Web3 storage project.
📰 In addition to the existing BNB Beacon Chain, which handles governance and security for BNB, and the BNB Smart Chain, which is used to deploy smart contracts, BNB Greenfield is a new decentralized storage blockchain.
📰 The BNB Chain project’s core team is leading the charge on the testnet, with assistance from the community development teams at AWS, NodeReal, and Blockdaemon.
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3. Solana DeFi lender Everlend Finance shuts down its app citing liquidity crunch
📰 Solana-based DeFi lending protocol Everlend Finance has shut down its app platform, despite having sufficient runway to continue operating in the current business environment.
📰 The Everlend team has moved the platform to withdraw-only mode and urged users to remove their assets.
📰 The app will continue to operate until all withdrawals have been processed while the team also outlined plans to cover all raised and unused funds within the next two weeks.
📰 Everlend attributed the decision to shut down to the liquidity crunch facing DeFi lending participants.
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4. SBF Allegedly Attempted to Stall Bankruptcy Proceedings
📰 FTX founder Sam Bankman-Fried attempted to stall bankruptcy proceedings in the U.S. in November in order to transfer assets from his crypto exchange to foreign regulators, the Justice Department alleged in a filing Monday.
📰 Mr. Bankman-Fried hoped foreign regulators would treat him leniently and eventually allow him to regain control of FTX, according to federal prosecutors.
📰 FTX’s lawyers wanted to secure the assets for bankruptcy at the time he was trying to move the money, the prosecutors said.
Source: The Wall Street Journal
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5. Elon Musk Wants Twitter Payments System to Accommodate Crypto
📰 Twitter is designing a system to permit payments through the social-media platform, and although billionaire owner Elon Musk wants it “first and foremost” to be for fiat currencies, he wants the ability to add cryptocurrencies later.
📰 Dogecoin (DOGE) spiked to its 24-hour high after the news broke.
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