Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Bonk token trading volume skyrockets</h2>Solana-based meme token Bonk, modeled after Shiba Inu, is seeing its trading volume skyrocketing.In the past 24 hours, Bonk has climbed 117%, according to data from CoinMarketCap.Bonk is the first dog meme token on the Solana blockchain. Liquidity providers (LPs) for Bonk were earning over 999% APR on January 4 last, much higher than the popular SOL/USD pairing.Bonk’s trading volume is also driving Solana’s blockchain activity and potentially SOL price up.Source: <a href="https://cointelegraph.com/news/bonk-token-goes-bonkers-as-traders-chase-after-high-yields-in-the-solana-ecosystem" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-1">#2. Juno urges users to withdraw funds</h2>On-ramp solution provider Juno urged its users to sell or self-custody the crypto on its platform.It cited “uncertainty” with its crypto custodian partner Wyre. Wyre CEO Ioannis Giannaros told employees that the firm “will need to unwind [...] over the next couple of weeks.”Juno said there was still $1.25 million worth of crypto assets held on the platform.Other safeguards Juno implemented include temporarily disabling crypto buying on its platform, converting stablecoins to U.S. dollars into users’ government-insured accounts and increasing daily withdrawal limits five-fold for select users.Source: <a href="https://cointelegraph.com/news/crypto-firm-juno-urges-users-to-withdraw-after-uncertainty-with-custody-partner" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-2">#3. U.S. SEC files limited objection to Binance.US’s $1B Voyager deal</h2>The U.S. SEC has filed a limited objection to Binance.US's proposed $1.02 billion purchase for bankrupt crypto lender Voyager’s assets.It questioned the adequacy of the information in Binance.US’s disclosure statement, specifically details on the ability of the crypto exchange to pay for the deal, how Binance.US intends to secure customer assets and details on how it would rebalance its crypto portfolio.Binance.US’s counsel told the SEC that a revised disclosure statement will be filed prior to the next hearing.Source: <a href="https://www.coindesk.com/policy/2023/01/04/sec-files-limited-objection-to-binanceuss-1b-deal-for-voyager-assets/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-3">#4. Institutional crypto investments dropped 95% in 2022</h2>Crypto fund investments in 2022 dropped to the lowest they’ve been since 2018.A new CoinShares report found that “Digital assets saw inflows totaling $433 million for the whole of 2022, the lowest since 2018 when there were inflows of only $233 million.”That’s a 95% decrease compared to 2021, when inflows totaled $9.1 billion, and a 93% drop from 2020, when inflows totaled $6.6 billion.Source: <a href="https://decrypt.co/118425/crypto-investment-falls-95-percent-to-433-million-2022" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-4">#5. U.S. authorities to seize FTX’s Robinhood shares</h2>U.S. prosecutors are looking to seize US$460 million worth of Robinhood shares linked to former FTX CEO Sam Bankman-Fried.Bankman-Fried and FTX cofounder Gary Wang formed a holding company called Emergent Fidelity Technologies Ltd. to purchase 56 million Robinhood shares with loans from Alameda Research.Bankrupt crypto lender BlockFi, FTX creditor Yonathan Ben Shimon and Bankman-Fried have filed court actions in attempts to gain control of the shares.Source: <a href="https://forkast.news/headlines/authorities-seize-robinhood-shares-ftx/" rel="noopener noreferrer nofollow">Forkast News</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/cmccommunity" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a> | <a href="https://coinmarketcap.com/community/profile/ApolloX" rel="noopener noreferrer nofollow">CMC</a>

Crypto News of the Day: Bonk token trading volume skyrockets, Juno urges users to withdraw funds

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