Business
The public statement and onchain activity are additional signs of institutions broadening their exposure to the mainstream but once niche area of the crypto ecosystem.
Polyhedra and zkSync are at odds, with the community largely supporting zkSync. Will this dispute impact future token ticker practices?
Bitcoin
Riot Platforms’ proposal to purchase all outstanding shares of Bitfarms comes a few weeks after former CEO of Bitfarms, Geoffrey Morphy, filed a lawsuit against Bitfarms for wrongful dismissal and aggravated damages.
A cold wallet tied to Mt. Gox moved $9.6 billion worth of Bitcoin to an unknown wallet for the first time in five years.
Solana
A validator-only vote has concluded in favor of a proposal to reward validators with the full priority fee — but some critics have argued that removing the burn mechanism could increase SOL’s inflation rate and have a net negative impact on the network.
Ethereum
The value of NORMIE plummeted 99% within minutes after an exploiter took advantage of a flaw in its smart contract. According to one developer’s analysis, the so-called attack has all the makings of an inside job.
The Uniswap Foundation disclosed that it holds $41.41 million in fiat cash and stablecoins on hand with an estimated runway through the end of 2025.
DeFi
After a series of incidents last winter that showed the risks to Ethereum of a supermajority client, the node operators of the largest decentralized staking protocol have now shifted to running more non-Geth clients.
ETH spot ETFs without staking rewards could give a financial boost to direct stakers and balance Ethereum’s staking ratio.
The growth in distinct addresses on Ethereum L2s shows that Ethereum’s scaling strategy is working.
