Business
FTX’s bankruptcy estate has offloaded a significant amount of crypto assets, doubling its cash reserves to $4.4 billion over the course of two months.
Ethereum
The rollup holds about 4.5 million ETH in its smart contracts, a 13% increase in the past 30 days and a 104% jump in the past year.
Even as developers are observing Dencun in trials, they have also begun evaluating and prioritizing Ethereum Improvement Proposals (EIPs) for Electra, the next upgrade on the consensus layer.
Bitcoin
Bitcoin investment platform Swan Bitcoin has brought its mining operations out of stealth with more than 750 BTC already mined and plans to increase capacity ahead of the Bitcoin halving.
Players get the speculative thrill of bigger rewards and designers have more flexibility to balance the game economy when Web3 games award points instead of tokens, writes Corey Wilton, CEO of Mirai Labs.
The network upgrade will soon become active on Sepolia and Holeskey, bringing Dencun one step closer to mainnet.
DeFi
“DeFi leads and NFTs follow,” data scientist Carlos Mercado of Flipside Crypto said to Unchained in an interview. “Everything that’s culture, DeFi is absorbing.”
The SEC has pushed its decision on BlackRock’s spot Ethereum ETF to March, with Chair Gary Gensler saying on Wednesday not to read too much into the agency’s approval of a spot Bitcoin ETF earlier this month.
Bitwise becomes the first issuer to share the on-chain address of its Bitcoin ETF holdings in a move to increase public transparency.
Built into the core protocol level, the extensions aim to provide more ways for builders and enterprises to customize token behavior, which may encourage Wall Street to move its plumbing over to crypto rails.
