Bitcoin
The well-known venture capitalist’s new book, Read Write Own, is probably the best guide for savvy, but non crypto-native, observers who want to follow (or invest in) blockchains, argues our columnist.
Unchained
Unchained is looking for an experienced director of audience development to broaden the reach of the publication’s content, whether through the web, social media, newsletters, podcast platforms, or videos.
If 19.4% of all the estimated global investable assets were put in Bitcoin, the price could reach $2.3 million, Ark Invest said in its Big Ideas 2024 report.
Business
Crypto lender Celsius announced that it has emerged from bankruptcy and has started distributing more than $3 billion worth of crypto and fiat to its creditors.
DeFi
Nearly 367,000 addresses have claimed about $340 million worth of Jupiter’s governance token, which means nearly $284 million worth of JUP remains unclaimed.
As of the last day of December, Tether’s total assets, which back the firm’s stablecoins, stood at $97 billion, while its liabilities amounted to nearly $91.6 billion, according to its latest attestation report.
Customers and critics do the math, however, and find the repayments will fall far short of current market prices in crypto.
The number of Ethereum Virtual Machine-compatible smart contracts on layer 2 blockchain networks deployed by developers in 2023 increased 303% from the previous year.
Regulation
Executive chairman Chris Larsen said the stolen tokens came from his personal accounts.
JUP began trading at $2 and has since decreased about 67% to settle at around 64 cents at the time of publication, highlighting how volatile price movements can be during airdrops.
