The future of finance: Synthetix just launched staking on Optimistic Ethereum | CryptoSlate

Congestion has been a theme for Ethereum over the past few months. Not to say that this is an explicitly bad thing but during times of volatility, it can cost over $50 to trade on Uniswap, and even more to complete more complex (and often pertinent) Ethereum transactions.

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BTC crash, DOT crushes XRP, man risks losing $262M: Hodler’s Digest, Jan. 10–16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

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JPMorgan Chase execs weigh in on stablecoin regulation, crypto competition

During JP Morgan Chase’s Q4 2020 earnings call, CEO Jamie Dimon and CFO Jennifer Piepszak weighed in on the OCC’s recent approval of banks using stablecoins for payments, as well as whether or not the approval will have any impact on the development of JPM Coin.

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Mt. Gox Creditors Could Get Bankruptcy-tied Bitcoin – BeInCrypto

Former Mt. Gox partner CoinLab struck a deal with Mt. Gox bankruptcy trustee Nobuaki Kobayashi on Jan. 15.

The CoinLab arrangement enables creditors to claim up to 90% of the Bitcoin tied up in the defunct exchange’s bankruptcy, according to Bloomberg.

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Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up

Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their coins.

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