Alex Harutunian

As we wrote earlier, in July 2022 the Aave community voted for the release of a GHO stablecoin. The stablecoin will work on the Ethereum network, and will also be re-secured with crypto assets.

On February 9, 2023, Tether shared with its users the fourth quarterly report for 2022. By the end of 2022, Tether completely disposed of commercial paper in reserves, reduced secured loans by $300 million, and received more than $700 million in profits for the last quarter.

The trading volume of NFTs skyrocketed in January as the crypto markets mounted a recovery from a long bear market.

French startup Sorare has signed a four-year licensing partnership with the Premier League to create trading cards representing football players.

YouTuber Logan Paul is being sued for promoting a failed crypto game that asked people to buy NFTs that never properly launched.

After almost a year of testing, Aave Protocol V3 was launched on Ethereum. The developers promise a bunch of different features and, of course, a reduction in gas costs. And cbETH is now available on Aave V3 market on Ethereum.

Ethereum’s Vitalik Buterin proposes a mechanism to hide blockchain addresses. The stealth address system will provide privacy for user transactions in decentralized systems.

Payment Systems Department, Bank of the Lao PDR and Soramitsu signed a Memorandum of Understanding (MOU) to launch CBDC Proof of Concept on February 6, 2023