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Aave governance delegation platform Aave ChanInitiative (ACI) proposed a governance proposal on January 29, suggesting to suspend deployments on three Layer 2 networks: zkSyncEra, Metis, and Soneium, citing minimal user activity, TVL, and revenue contributed by these networks.

[Aave governance has proposed suspending three L2 deployments, requiring new blockchains to guarantee annual revenue of $2 million.]Aave governance delegation platform Aave ChanInitiative (ACI) proposed a governance proposal on January 29, suggesting to suspend deployments on three Layer 2 networks: zkSyncEra, Metis, and Soneium, citing minimal user activity, TVL, and revenue contributed by these networks.

Aave governance has proposed suspending three L2 deployments, requiring new blockchains to guarantee annual revenue of $2 million.

&nbsp;market shows ETH breaking through $1900, currently at $1900.19, with a 24-hour decline of 12.21%. The market is highly volatile, please manage your risk accordingly.

[ETH breaks through $1900]&nbsp;market shows ETH breaking through $1900, currently at $1900.19, with a 24-hour decline of 12.21%. The market is highly volatile, please manage your risk accordingly.

ETH breaks through $1900

HTX data showed that SOL fell below 70  USDT and is now at 69.7682 USDT, with a decrease of 24.43% in 24H.

[SOL fell below 70  USDT] HTX data showed that SOL fell below 70  USDT and is now at 69.7682 USDT, with a decrease of 24.43% in 24H.

SOL fell below 70  USDT

HTX data showed that BTC fell below 61000  USDT and is now at 60994.48 USDT, with a decrease of 16.35% in 24H.

[BTC fell below 61000  USDT] HTX data showed that BTC fell below 61000  USDT and is now at 60994.48 USDT, with a decrease of 16.35% in 24H.

BTC fell below 61000  USDT

HTX data showed that ETH fell below 1800  USDT and is now at 1799.46 USDT, with a decrease of 16.19% in 24H.

[ETH fell below 1800  USDT] HTX data showed that ETH fell below 1800  USDT and is now at 1799.46 USDT, with a decrease of 16.19% in 24H.

ETH fell below 1800  USDT

HTX data showed that BTC fell below 62000  USDT and is now at 61950.98 USDT, with a decrease of 15.34% in 24H.

[BTC fell below 62000  USDT] HTX data showed that BTC fell below 62000  USDT and is now at 61950.98 USDT, with a decrease of 15.34% in 24H.

BTC fell below 62000  USDT

enso Surges 10.03% in 24H, Currently at 1.3495 USDT

【enso currently trades at 1.3495 USDT, up 10.03% in 24h, according to HTX market data.】enso Surges 10.03% in 24H, Currently at 1.3495 USDT

enso currently trades at 1.3495 USDT, up 10.03% in 24h, according to HTX market data.

HTX data showed that TRX fell below 0.27  USDT and is now at 0.269986 USDT, with a decrease of 4.68% in 24H.

[TRX fell below 0.27  USDT] HTX data showed that TRX fell below 0.27  USDT and is now at 0.269986 USDT, with a decrease of 4.68% in 24H.

TRX fell below 0.27  USDT

HTX data showed that AAVE fell below 100  USDT and is now at 99.8762 USDT, with a decrease of 19.67% in 24H.

[AAVE fell below 100  USDT] HTX data showed that AAVE fell below 100  USDT and is now at 99.8762 USDT, with a decrease of 19.67% in 24H.

AAVE fell below 100  USDT

Digital payments firm PayPal reported net revenue of $6.85 billion for the third quarter of 2022.
The Wall Street consensus was $6.82 billion, according to Factset. Net revenue rose 11% year-over-year, PayPal said in its earnings release.
GAAP earnings per share came in at $1.15 compared to the Street estimate of $0.96. EPS rose 26% year-over-year.
PayPal said that its total volume of payments grew 9% quarter-over-quarter, reaching $337 billion for the period. Venmo accounted for $63.6 billion of the quarterly figure.
"We delivered strong third quarter results," President and CEO Dan Schulman said. "We will continue to invest against our key priorities to advance our leading position in digital payments and commerce."
Earlier this year, PayPal beefed up its crypto wallet functions, adding the ability to send funds between PayPal and other wallets, a long-sought feature by users. PayPal first began offering crypto purchases in late 2020 through a partnership with Paxos.

Detail

【PayPal reports $6.85 billion in Q3 net revenue, beats Wall Street estimate】Digital payments firm PayPal reported net revenue of $6.85 billion for the third quarter of 2022.
The Wall Street consensus was $6.82 billion, according to Factset. Net revenue rose 11% year-over-year, PayPal said in its earnings release.
GAAP earnings per share came in at $1.15 compared to the Street estimate of $0.96. EPS rose 26% year-over-year.
PayPal said that its total volume of payments grew 9% quarter-over-quarter, reaching $337 billion for the period. Venmo accounted for $63.6 billion of the quarterly figure.
"We delivered strong third quarter results," President and CEO Dan Schulman said. "We will continue to invest against our key priorities to advance our leading position in digital payments and commerce."
Earlier this year, PayPal beefed up its crypto wallet functions, adding the ability to send funds between PayPal and other wallets, a long-sought feature by users. PayPal first began offering crypto purchases in late 2020 through a partnership with Paxos.

PayPal reports $6.85 billion in Q3 net revenue, beats Wall Street estimate

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PayPal reports $6.85 billion in Q3 net revenue, beats Wall Street estimate

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