Bitcoin’s environmental impact has become top focus for some critics as traders go “long BTC” and Dunamu reveals a “fear and greed” index.
Also: Coinbase plans infrastructure updates to prevent outages during periods of volatility.
Content moderation decisions from Amazon, Shopify and Twitter following the Capitol riots in Washington, D.C., on Jan. 6 have put efforts to “decentralize” the web into sharp relief.
Also: Grayscale reports an a rise in participation from pensions while Ripple’s Garlinghouse reveals he attempted to settle charges with the SEC ahead of its XRP suit.
A correction in bitcoin’s price (from all-time highs) led to $1 billion in liquidated options positions. Ukraine announced a Stellar-based CBDC experiment and a much-awaited Ethereum layer 2 set a tentative launch date.
Yearn continues to rapidly expand through acquisitions, leading some to call it the Amazon of DeFi. A U.S. Treasury hack serves as a reminder of the amount of financial data in circulation.
U.S. lawmakers are asking the nation’s financial guardians to clarify crypto custodianship while France wages war on anonymity.
Singapore is funding blockchain R&D. Germany’s second-largest stock exchange’s crypto app saw $1.21 billion in trading volumes this year. Grayscale is seeing a growing number of “Ethereum-first” institutional buyers.
Traders have begun unwrapping tokenized bitcoins. The U.S. Treasury Department will keep a vigilant eye on digital innovations. And trading volumes on OKEx have plummeted.
Crypto Twitter, like the U.S. Congress, is usually divided. A proposed law to strengthen stablecoin oversight has brought crypto together.