DAILY CRYPTO NEWS AND TOP CRYPTO EVENTS for 11th Jan 2022

@jatinhota 73

over 2 years ago

cryptocurrency

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Top Crypto Events Planned for Tomorrow

1 - FaraLand (FARA): Token Burn

The 12th of every month will be the monthly fixed date of burning $Fara.
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2 - KardiaChain (KAI): Bitfinex Listing

Bitfinex lists KardiaChain (@KardiaChain) with KAI/USD and KAI/USDT pairs at 10:00 (UTC).
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Some World Crypto News

#1 - A cross-party group of MPs and Lords in the UK Parliament have formed a new All Party Parliamentary Group (APPG) for the UK Crypto and Digital Assets sector.
APPGs are semi-official bodies allowing industries a direct link with parliamentarians, the UK’s lawmakers, policymakers and political leaders. While alternative finance and fintech have had their respective APPGs for over five years crypto has only just made it in 2022.
The group intends to investigate the state of the UK crypto sector and recent concerns raised around financial crime and advertising. It will consider the growth of crypto over recent years and the need for regulators and the Government to keep pace with the rapid advancements and increased adoption of crypto by consumers.

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#2 - The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports from the Arbitrum team, this incident had to do with downtime regarding its sequencer, a special node that manages the order of transactions, leaving the network unusable for approximately seven hours.

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