In this weekly recap, we cover:
- SEC Approves Spot Ether ETFs: The U.S. Securities and Exchange Commission (SEC) finalizes approval for several spot Ether (ETH) exchange-traded funds.
- Kraken Distributes Mt. Gox Bitcoin: For the first time in ten years, Kraken successfully distributes Bitcoin and Bitcoin Cash to creditors of the defunct Mt. Gox exchange.
- Vitalik Documentary Crowdfund: The trailer for “Vitalik: An Ethereum Story” is now available for onchain minting, allowing supporters to fund the documentary’s decentralized release.
- dYdX Considers Selling Software: Decentralized finance platform dYdX is in talks to sell its v3 derivatives trading software to major crypto market makers.
- Swan Bitcoin Cancels IPO Plans: Swan Bitcoin abandons its plans to go public and shuts down its managed mining unit.
- BlockFi Finalizes FTX Creditor Distributions: BlockFi completes the sale of its FTX claims, paving the way for final creditor distributions and winding down operations.
- Jito’s Open-Source Restaking Service for Solana: The Jito Foundation releases an open-source codebase for staking and restaking on Solana.
- AAVE Token Surge: The price of AAVE spikes 10% following a new governance proposal to update its tokenomics and achieve record borrowing levels.
