Bitcoin
The former president and current candidate said during a Fox News town hall that he could “live with” the existence of bitcoin.
DeFi
Avalanche has resumed finalizing blocks on its network as validator nodes have been upgrading to patch the bug that stalled them from reaching consensus.
NFTs
Unstoppable Domains announced that crypto denizens can acquire domain names that end in “.pudgy,” making Pudgy Penguins the first NFT collection with a domain extension.
Business
Kraken seeks to dismiss a lawsuit brought by the SEC last year, alleging the crypto exchange operated as an unregistered broker, and commingled customer and corporate funds.
StarkWare CEO Eli Ben-Sasson said the shift to a “more gradual” STRK token release schedule came after listening to concerns from the community about the team’s long-term alignment with the Starknet ecosystem.
The filing, which also revealed that the social media giant acquired some MATIC, is a step forward for Reddit’s plans to become a publicly-traded company.
The two officials previously wrote in November 2022 that bitcoin was on “the road to irrelevance.”
Andreessen Horowitz invested $100 million into Eigen Labs, the software development firm behind Eigen Layer, while Binance Labs invested an undisclosed amount into Renzo, a liquid derivative platform on EigenLayer.
The countries setting all-time high BTC prices in local currencies include Argentina, Egypt, and Japan, notes Balaji Srinivasan.
The widely-followed measure inherently distorts our sense of crypto projects’ values, particularly in the wake of an initial sale, and in some cases can even create systemic financial risk.
