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The OP_CAT proposal has formally received a Bitcoin Improvement Proposal number — BIP-420. BIP-420 would enable covenants on Bitcoin, allowing the development of features such as smart contracts, secure bridges and on-chain trading.
The bitcoin halving’s impact on market supply and demand dynamics may take over two months to materialize, analysts say.Some forecast a possible short squeeze in the altcoin and memecoin market.
An Injective governance proposal approved the INJ 3.0 tokenomics system. The changes reduce INJ’s minting properties and adds new parameters to increase INJ’s deflation fourfold, according to the proposal.
The governance token of Safe Protocol has now become transferable. The token currently has a fully diluted valuation of over $2.8 billion.
- 20:58BlackRock to cut about 1% of its workforce to realign resources and strategyOn January 9, BlackRock (BLK.N) informed its employees that the company will cut about 1% of its workforce. The group entered into more than $25 billion in acquisition deals last year to expand its business in non-public market assets and data. BlackRock President Rob Kapito and Chief Operating Officer Rob Goldstein told employees in a memo Wednesday that they plan to realign resources with strategy through the layoffs and other measures. The company has more than 21,000 employees, meaning about 200 will be affected.
- 20:57SOL falls briefly below $190, down 8% in 24 hoursSOL briefly fell below $190, down 8% in 24 hours
- 20:56An address bought $63,000 worth of LLMs early on, and the current position value rose to $1.3 millionOn January 9, a DxjmH address bought $63,000 worth of LLM within 3 hours of the LLM going live, and the current position value has risen to $1.3 million, according to monitoring.