🪙 Crypto and Blockchain News (January 11, 2024):

1️⃣ Bitwise: Bitwise Asset Management has committed to allocating 10% of the profits from the Bitwise Bitcoin #etf to the development of open-source Bitcoin projects. The company has named non-profit organizations Brink, OpenSats, and Human Rights Foundation as recipients, who will receive and distribute the donations. 🚀

2️⃣ Snapshot: 99.99% of the participants in the vote for the integration of #pyusd from #paypal into the DeFi pools of the Aave platform have supported the initiative. The decision reached the required quorum. The voting started on December 18 and will conclude on January 11 at 8-21 UTC. 🗳️

3️⃣ TechCrunch: Social platform X quietly removed the ability to set NFTs as profile pictures. 🖼️

4️⃣ NEAR: The non-profit organization #near Foundation, driving the development of the NEAR ecosystem, will lay off approximately 40% of its workforce as part of a reorganization. According to their statement, with the expansion of ecosystem decentralization, the presence of the NEAR Foundation within it will continue to decrease. 🔄

5️⃣ Business Wire: #usdc stablecoin co-issuer Circle Internet Financial has confidentially filed for an initial public offering (IPO) in the U.S. as part of its plan to become a public company. The company has not disclosed the quantity and price range of securities intended for the IPO. 📈

📢 Stay Informed.