Business
The U.S. Treasury’s Undersecretary for Terrorism and Financial Intelligence Brian Nelson confirmed that terrorist groups like Hamas and PIJ are using crypto in relatively small amounts compared to what is being widely reported.
Bitcoin
The last time bitcoin hit the $1 trillion market cap level was Dec. 2021.
Ethereum
Some users were upset to find that they were ineligible for the distribution, despite being active on the layer 2 blockchain network.
Regulation
The House Financial Services Committee hearing settled along partisan lines as lawmakers continued their efforts to crack down on crypto as a tool of criminals.
Believe the hype. The initial 30-plus days of trading for the first-ever spot crypto exchange-traded funds have produced jaw-dropping results.
The distribution, which Starknet is referring to as a “provision,” will be the largest initial airdrop by number of eligible addresses.
DeFi
Multi-chain DEX platform Sushi plans to deploy its “most ambitious project to date” Susa on Layer N – an upcoming Ethereum Layer 2 designed as a network of custom and optimized rollups.
Crypto gaming platform PlayDapp lost $290 million worth of tokens in two exploits over the course of four days, with the attacker ignoring a $1 million “white hat reward” to return the stolen funds.
In a little more than a month, the block rewards for miners will be cut in half. Market conditions could soften the financial blow.
On Capitol Hill, there is a recognition that letters like these are more about taking a public stance than actually changing policy outcomes.