ETH’s futures markets are slightly bearish, but options traders appear to be interpreting the rally to $3,200 as a bottoming signal.

Ether (ETH) has been an emotional rollercoaster over the past three months primarily because its price rallied twice. First, it peaked at $4,870 on Nov. 10 and at $4,780 on Dec. 1. However, the double top was quickly followed by a harsh rejection, which led to $490 million in long futures contract liquidations in 48 hours.
https://cointelegraph.com/news/ethereum-futures-and-options-data-reflects-traders-mixed-emotions-on-3-2k-eth-price

Iguodala said he will also be giving out $1 million worth of BTC to fans to increase the cryptocurrency's adoption.

On Monday afternoon, Andre Iguodala, three-time NBA champion and professional basketball player for the Golden State Warriors, announced via Twitter that he would be taking a portion of his estimated $2.647 million annual salary in Bitcoin (BTC). In addition, Iguodala added that he will give out $1 million worth of BTC to fans to increase the digital currency's adoption. Payments were said to be facilitated by Block's (formerly Square) Cash App.
https://cointelegraph.com/news/3x-nba-champion-andre-iguodala-becomes-the-latest-athlete-to-receive-salary-in-crypto

The FTC published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where the victims will be directed to send money.

According to the FTC, fraudsters pretend to be public officials, law enforcement agents or employees of local utility companies. The imposters also utilize dating apps and pretend to be potential romantic partners or call victims to announce that you’ve won a prize.

No matter how it starts, it always ends up with the scammer asking for money. If the user falls for the spiel, the scammer tells them to withdraw some cash and go to a crypto ATM. After that, they would ask to purchase crypto through the ATM. Here, the QR code comes into play. They share the QR code of their wallet address with the victim. Because of this, once the victim scans the code, the purchased crypto assets would transfer to the fraudster's account.
https://cointelegraph.com/news/ftc-issues-public-warning-about-new-crypto-atm-scam

Turkey’s electronic vehicle (EV) manufacturer Togg has announced a strategic partnership with Ava Labs to design and build smart contract-based services aimed at improving autonomous mobility.

Togg’s collaboration with Ava Labs, a team dedicated to supporting and developing the Avalanche public blockchain, was revealed at the CES 2022 event in Las Vegas. As Cointelegraph Turkey reported, the partnership aims to fast-track Togg’s Use-Case Mobility initiative, which combines different technologies and transportation solutions to produce cars with more functionalities as compared with traditional EVs.

According to the official announcement, Togg has been exploring use-cases around blockchain and related technologies in EVs for more than a year. With Ava Labs’ partnership, Togg intends to infuse Internet of things (IoT) and machine-to-machine (M2M) communication to expand and accelerate its EV capabilities.

Togg will implement smart contracts and blockchain technology so users can pick up a reserved scooter or taxi while charging their EVs, enabling seamless mobility. Gürcan Karakaş, the CEO of Togg said:

“Our collaboration with Ava Labs is built on taking the experience of Togg users to the next level, going beyond automobiles to empower partners, users and non-Togg users across the mobility ecosystem to benefit from this platform.”
https://cointelegraph.com/news/ava-labs-and-ev-maker-togg-to-build-smart-contract-based-mobility-services

Ethereum co-founder Vitalik Buterin has put his thinking cap on again in an attempt to improve the current fee structure for the network.

The proposal titled “Multidimensional EIP-1559” was laid out in a blog post on Wednesday in which Buterin noted that different resources in the Ethereum Virtual Machine (EVM) have different demands in terms of gas usage.

He added that there are different limits for short-term “burst” capacity as opposed to “sustained” capacity within the EVM, citing examples of block data storage, witness data storage and block state size changes.

“The scheme we have today, where all resources are combined together into a single multidimensional resource (‘gas’), does a poor job at handling these differences.”
https://cointelegraph.com/news/vitalik-proposes-new-multidimensional-ethereum-fee-structure

The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser.

American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin. The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser.

Confirming the evidence found on the PayPal app, Jose Fernandez da Ponte, PayPal’s SVP of crypto and digital currencies, told Bloomberg News:

“We are exploring a stablecoin; if and when we seek to move forward, we will of course, work closely with relevant regulators.”

https://cointelegraph.com/news/paypal-reportedly-confirms-plans-to-explore-the-launch-of-a-stablecoin

Buterin still believes that “the internet of money should not cost more than 5 cents per transaction” and highlighted Ethereum’s continued efforts to improve the blockchain’s scalability capabilities.

Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues.

Buterin started the Twitter thread by addressing his article dated July 23, 2013, in which he highlighted Bitcoin’s key benefits — internationality and censorship resistance. Buterin foresaw Bitcoin’s potential in protecting citizens’ buying power in Iran, Argentina, China and Africa.

However, Buterin also noticed a rise in stablecoin adoption as he saw Argentinian businesses operating in Tether (USDT). He backed up his decade-old ideas around the negative impacts of Bitcoin regulation.
https://cointelegraph.com/news/ethereum-white-paper-predicted-defi-but-missed-nfts-vitalik-buterin