Bitcoin
Bitcoin miner reserves have dropped to a level last seen in January 2021, as network hashrate sits at 627 EH/s.
DeFi
The majority of firms participating in Arbitrum’s real-world asset treasury diversification program are also looking to join MakerDAO’s $1 billion tokenization competition.
Uncategorized
Institutions that use blind signing to approve transactions are recklessly risking their clients’ dollars.
Ethereum
An Ethereum user spent 40 times more in fees than the value of the transaction in what looks to be a “fat finger” trade.
MakerDAO’s risk unit BA Labs proposed removing WBTC integrations on Maker and SparkLend, citing BitGo’s upcoming plans to split custody across multiple jurisdictions.
MakerDAO is one of the top protocols by revenue generated and yet it has had one of the weakest rebounds over the last seven days.
Business
A Zoom meeting on Thursday with Democratic Party leaders highlighted a longstanding grievance held by those in the crypto space.
One expert said that the 15% decline on Monday and the subsequent rebound are both signs of a healthy market.
Regulation
XRP was the top performing crypto asset with $5.3 billion worth of trading volume over the last 24 hours.
A US District Judge approved a settlement between FTX, Alameda Research, and the CFTC, which will see $12.7 billion paid out to FTX creditors.
