Arkansas Senate Rejects Bill to 'Ban Cryptocurrency Mining Near Military Facilities'

On January 31st, the founder of Jupiter, Meow, announced on social media, "The JUP voting season will be reopening soon, and I am extremely excited to initiate the voting."

On January 31st, Ki Young Ju, the CEO of CryptoQuant, stated on social media that "the Bitcoin bull market cycle has not ended yet. The Bitcoin buying engine is still operating. In 2021, the market downturn occurred two months after the inflows into GBTC were exhausted." "Before ETFs, MicroStrategy, and institutional purchases slow down, there is no need to rush to determine the cycle peak."

On January 31st, according to The Block, the developers of the Ethereum client Geth released version 1.14.13 on Thursday, which was given the codename "Schwarzschild". This particular release focuses on addressing a vulnerability in the Geth peer-to-peer (p2p) layer. Such a vulnerability could potentially result in denial-of-service attacks against nodes running this version and may also have an impact on Layer 2 clients.

On January 31st, as per Bloomberg, the Trump U.S. Presidential Inaugural Committee obtained significant donations from companies within the cryptocurrency industry. This was disclosed in a filing submitted to the Senate. According to the filing, Coinbase, Crypto.com, Galaxy Digital, Paradigm Operations, and the operator of the cryptocurrency exchange Kraken, Payward, each contributed $1 million. Additionally, Robinhood Markets donated $2 million. The funds raised for Trump's inauguration this time are anticipated to surpass that of the 2017 ceremony. The Inaugural Committee is projected to submit a comprehensive list of donors to the Federal Election Commission (FEC) on April 19th.

On January 31st, Bryan Pellegrino, the CEO of LayerZero, announced on social media that after more than two years and spending millions of dollars on legal fees, "We have reached a settlement agreement with the FTX estate." In the end, we have determined that this is not about us versus FTX. Although we felt fully justified in taking that stance, it is about us versus our creditors. The original repurchase amount has been returned to the FTX estate. I am pleased that I no longer have to have frequent calls with lawyers and can focus all our energy on building.

On January 31st, Chainlink declared the launch of a novel data product known as the Chainlink DeFi Yield Index (CDY Index). By leveraging the Chainlink standard, it aggregates DeFi lending rates throughout the entire market. This index makes use of Space and Time's blockchain indexer and database technology to obtain real-time on-chain activity data for the calculation process, with a focus on accuracy, robustness, and market representation.