Crypto News Daily – Jan 18, 2023

Last Updated on January 18, 2023

Ethereum Layer-2 Platform, ZKSync, Releases New SDK in Swift:
https://newsbtc.com/news/zksync-releases-new-sdk/

Active crypto developers grew 5% YoY despite market decline:
https://cryptoslate.com/active-crypto-developers-grew-5-yoy-despite-market-decline/

Mysterious investor bought RPL 10 minutes before Binance listing:
https://cryptoslate.com/mysterious-investor-bought-rpl-10-minutes-before-binance-listing/

Coinbase Confirms it is Halting Operations in Japan:
https://www.coindesk.com/business/2023/01/18/coinbase-confirms-it-is-halting-operations-in-japan

Cardano price grows 10% in one week, what’s causing the pump:
https://crypto.news/cardano-price-grows-10-in-one-week-whats-causing-the-pump/
Answer:
1.Djed will be the Cardano network’s first over-collateralized ADA-backed stablecoin – 2.DEXs will reward the users who supply liquidity utilizing Djed with higher payouts.
3.Investors are waiting for Djed to fill the void left by the Terra-UST debacle and become the dominant algorithmic stablecoin