Bitcoin
Ether and most other major altcoins were also still trading in negative territory in what one analyst said “can be seen as a healthy cleanse of excess leverage,” but market signs overall continue to point upward.
The update will occur on January 29. The SEC will likely decide on spot BTC ETFs earlier in the month.
Business
The active manager of exchange-traded funds sold the shares on Friday from three funds where the crypto exchange has grown to outsized weight.
A “vulnerability” flagged by Bitcoin Core developer Luke Dashjr last week has now been added to the U.S. government’s National Vulnerability Database.
DeFi
BNB-based Venus refuted claims that the protocol had suffered a $54 billion exploit, pointing to a malfunctioning Binance Oracle that resulted in $200,000 worth of borrows on an isolated pool.
The exchange-traded fund would offer indirect exposure to MSTR stock using a derivatives strategy. A Bloomberg analyst expressed skepticism about the potential product.
The non-profit behind the layer 2 will distribute tokens to past and future contributors, refund some transaction fees and promote DeFi protocols within the ecosystem.
As bitcoin’s price rises, first-time bitcoin investors in the US face a quandary — buy now or wait a month to see if a spot bitcoin ETF gets approved first?
Ethereum
Ethereum developers agreed to set a Goerli fork date to activate Dencun in January 2024, if things keep going as planned.
A District Judge has granted the government’s motion to keep former Binance CEO Changpeng Zhao in the U.S. until his sentencing date next year.
