The inflation rate in the US was announced at the expected level. The inflation rate decreased from 7.1% to 6.5%, which was expected.
Polygon developers proposed to perform a hard fork to implement new updates. The hard fork aims to reduce the impact of the increase in transaction fees and new chain regulations. The implementation is expected to take place on January 17th. The primary goal of the hard fork is to make the re-regulation process on Polygon more secure.
Sam Bankman Fried, CEO of FTX, shared a post about the assets of the company. He said that FTX-US has enough assets to pay back all its customers and FTX International also has billions of dollars of assets. He also said that he will dedicate all of his assets to customers. He also shared some balance sheets and records of FTX-US to prove that it has full repayment power.
MetaMask warned that copying and pasting addresses can create a security problem. Criminals can create a fake address by removing the first and last four numerical combinations of the wallet address and target users who copy and paste carelessly, this method is called “address poisoning”
Samsung Asset Management Co. is planning to launch more crypto products in Hong Kong. This week, the company announced a Bitcoin ETF to be launched in Hong Kong. The ETF will be priced based on the future pricing of Bitcoin. According to Bloomberg, after this move, Samsung plans to launch more crypto products in the future.