In this weekly recap, we cover:
- Bitcoin and Ethereum’s market rally, pushing BTC over $52,000 and ETH beyond $2,800, reigniting investor excitement.
- Stacks protocol achieving an all-time high in TVL at $85 million, driven largely by ALEX’s decentralized exchange growth.
- NYAG expanding its fraud case against DCG.
- Franklin Templeton filing for a spot Ethereum ETF.
- FTX selling Digital Custody Inc. for a fraction of its purchase price.
- Changpeng “CZ” Zhao’s sentencing delay, sparking discussions in the crypto legal sphere.
- PlayDapp suffering a major security breach, losing $290 million in tokens due to a private key exploit.
- President Biden’s surprising entry into meme culture with laser-eyed X post, amusing and baffling Bitcoin enthusiasts.
