DeFi
“DeFi leads and NFTs follow,” data scientist Carlos Mercado of Flipside Crypto said to Unchained in an interview. “Everything that’s culture, DeFi is absorbing.”
Ethereum
The SEC has pushed its decision on BlackRock’s spot Ethereum ETF to March, with Chair Gary Gensler saying on Wednesday not to read too much into the agency’s approval of a spot Bitcoin ETF earlier this month.
Bitcoin
Bitwise becomes the first issuer to share the on-chain address of its Bitcoin ETF holdings in a move to increase public transparency.
Business
Built into the core protocol level, the extensions aim to provide more ways for builders and enterprises to customize token behavior, which may encourage Wall Street to move its plumbing over to crypto rails.
Traders are gambling on outcomes related to Bitcoin’s price, stablecoin provider Tether’s solvency, the bridge for unfinished layer-2 Blast, and airdrops on Solana.
The number of DeFi hacks and DeFi losses fell, too — the latter down for the first time ever — indicating stronger DeFi security, according to a new Chainalysis report.
Bitcoin has lost 18% of its value since spot ETFs for the digital asset were approved, meaning the market timed the event to near perfection, say analysts at Glassnode. They zoom out to assess what’s next for the crypto market.
Crypto exchange OKX said it would compensate users for abnormal liquidation losses after the OKB token crashed 50% in three minutes on Tuesday.
Following an announcement late last year that it would invest in meme coins, the foundation disclosed the eligibility criteria for evaluating tokens its $100 million Culture Catalyst program may purchase.
Olaf Carlson-Wee said the VC firm’s tight risk controls proved invaluable.
