Solana
The amount raised is to display a picture of a Shiba Inu puppy wearing a pink beanie on the world’s largest spherical structure.
Ethereum
The layer 2 blockchain network, which has nearly $3 billion in total locked value, stopped producing blocks minutes after Ethereum activated its hard fork Dencun upgrade. But it was back up a little more than an hour later.
Layer 2 blockchain networks can now use a different way to store data, which is intended to help these rollups scale the Ethereum blockchain network that was plagued by huge spikes in gas fees in years prior.
Business
Former Binance CEO Changpeng Zhao will have to notify pretrial services before any interstate travel within the US in addition to surrendering his passport to a third-party custodian.
Stablecoin issuer Tether says it played a pivotal role in assisting the US DOJ and FBI with seizing $1.4 million worth of USDT from a tech support scam network.
Regulation
According to prosecutors, Roman Sterlingov facilitated the laundering of approximately $400 million from October 2011 to April 2021. His defense team has vowed to appeal.
As Ethereum’s hotly-anticipated Dencun upgrade approaches, some protocols have upgraded their own networks for compatibility ahead of time.
Bitcoin
The new offering will trade under the $BTC ticker and the distributions will not trigger a capital gains tax.
MetaMask has reportedly teamed up with Mastercard to test an entirely blockchain-based payment card issued by Baanx.
VanEck said it will waive the fee for investing in its spot bitcoin ETF until March 31, 2025 unless its assets under management hit $1.5 billion before that date.
