DeFi
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.”
Business
Armstrong laid out the company’s approach to regulation on its fourth-quarter earnings call.
Regulation
Lawmakers complimented the design of crypto as the hearing contended with the idea that what makes crypto at risk for illicit use is exactly what makes it attractive for legal users, too.
The largest U.S. crypto exchange beat analyst estimates for both the top and bottom lines, and its shares jumped almost 14% in after-hours trading.
Blockchain infrastructure firm Witness is intended to help developers combine the flexibility and cost savings of offchain data with onchain security and ownership.
Almost 8,300 validators each with 32 ETH are currently waiting in line to begin staking, while 161 validators are trying to exit, a sign of continued interest in restaking.
New data from Chainalysis showed that money sent from illicit addresses dropped 30% from the prior year.
Bitcoin
Bitcoin ETF issuers are buying more than twelve times the amount of Bitcoin than the network can produce in a day. A study of the post-ETF Bitcoin charts from one analyst shows that inflows into these funds leads to a 2% increase in price per day, while the options market suggests traders are betting on a new all-time high this year.
The U.S. Treasury’s Undersecretary for Terrorism and Financial Intelligence Brian Nelson confirmed that terrorist groups like Hamas and PIJ are using crypto in relatively small amounts compared to what is being widely reported.
The last time bitcoin hit the $1 trillion market cap level was Dec. 2021.
