DeFi
After the airdrop plans were announced last week, Starknet faced a community backlash.
Business
The eight-month-long STRK distribution is the first step in a program to scale and grow DeFi on the layer 2 blockchain network.
Bitcoin
Willem Schroe of Botanix Labs discusses the transformative potential of their Layer 2 technology on Bitcoin.
Coinbase’s payments platform for merchants will no longer support Bitcoin and other UTXO coins unless customers have an existing account with the exchange.
Decentralized exchange FixedFloat confirmed there was a theft of funds from its platform shortly after unusual blockchain transaction activity suggested at least $26 million had been stolen earlier in the day.
New proposals, fundamental changes in Bitcoin’s technology, and the increasing prevalence of layer 2 networks have all helped bring in a new era for the oldest blockchain network.
Regulation
John Deaton, an attorney who has been a sharp critic of the U.S. authorities’ tackling of crypto regulation, is reportedly taking a “serious look” at entering the race.
The cost to attack Bitcoin ranges from $5 billion to $20 billion, while it would cost over $34 billion to attack Ethereum, according to CoinMetrics. Even then, researchers found no way for the attacker to profit and the network would still survive.
With the Dencun upgrade scheduled to go live on the mainnet in March, Uniswap plans to roll out V4 in the third quarter of the year. The protocol says this version will have the “most rigorously audited code ever deployed on Ethereum.”
Armstrong laid out the company’s approach to regulation on its fourth-quarter earnings call.
