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- Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback
During a Q4 earnings call on Feb. 1, Mark Zuckerberg said he saw no reason to deviate from their long-term Metaverse strategy.
- Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'
While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech.
- BonqDAO protocol suffers $120M loss after oracle hack
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.
- Ethereum's Shanghai fork is coming — but it doesn't mean investors should dump ETH
Ethereum’s Shanghai upgrade is tentatively set for March, which means approximately 14% of ETH supply will unlock in the year ahead.
- Judge dismisses proposed class-action suit alleging Coinbase securities sales
The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts.
- London Crowned World’s Leading Cryptocurrency Hub, According to Study
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country. Key Findings of Recap’s Study on Global Cryptocurrency Hubs Crypto tax firm Recap released a research
- Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation
The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like traditional finance. British Government Sets Out to Regulate Crypto Market, Remains Committed
- Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target range of 2%. FOMC Outlines
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- Looking back: 2022 on ethereum.org
From the explosion of the scaling and layer 2 ecosystems to the first Devcon in three years and The Merge, it has been an exciting year for Ethereum and ethereum.org. We’ve shipped many impactful features and content, with thousands of incredible contributors helping us along the way. Let’s dive...
- EF-Supported Teams: Research & Development Roundup
Friends, As the year of the Merge ends, we wanted to share updates from many of the Ethereum gardeners and EF-supported teams that achieved long sought accomplishments, both big and small, alongside the rest of the ecosystem in 2022. We all have a lot to be thankful for, from...
- KZG Ceremony Grant Round
The Protocol Support team is organizing a grant round to support the upcoming Ethereum KZG Ceremony. The KZG Ceremony is a coordinated public ritual that will provide a cryptographic foundation for Ethereum scaling initiatives like EIP-4844. Learn more about the Ceremony and participate in the test version at ceremony.ethereum.org....
- Allocation Update Q3 2022
Before the year comes to a close, we'd like to highlight the amazing projects that received funding in the previous quarter. Read on to learn more about our Q3 grantee lineup! | Category ...
- Merge Data Challenge Results
The Ethereum Foundation is excited to announce the winners of the Merge Data Challenge 🐼. The challenge ran for ~9 weeks surrounding the Merge, allowing for data analysts to gather and review information both before and after the big event. Participants submitted a treasure trove of data and analysis...
- Ropsten Shutdown Announcement
As previously announced, the Ropsten network has been deprecated and will be shut down in the coming weeks. Over the past few months, infrastructure providers have gradually stopped supporting the network and validator participation rates have been steadily declining. **The vast majority of remaining validator nodes will be shut...
Ethereum World News
- Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to further back its popular stablecoin of UST. The recent purchase of Bitcoin was carried out in two transactions: $1 billion with Genesis Trading and $500
- Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes had struck a plea deal that would result in a prison sentence of 6 to 12 months The founder of Bitmex and former CEO, Arthur Hayes, is requesting leniency from
- Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value locked Approximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billion Lido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi protocol in terms of total value locked, edging out Curve Finance from the top spot in the process. At the time of writing, the total
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