Ethereum
Ethereum’s Dencun upgrade is scheduled for next week and is set to reduce fees on layer 2s by at least 10 times, if not more.
DeFi
A DAO contributor proposes to provide “robust legal defense” for Storm and Pertsev as well as “to uphold the rights of developers to contribute to their deployment of permissionless open-source software.”
Bitcoin
The launch of spot bitcoin ETFs is an inflection point and crypto has caught some of the afterglow. But investors must watch regulators as well as market indicators.
Business
Prosecutors in the US will continue to seek former Terraform Labs CEO Do Kwon’s extradition despite Montenegro’s High Court ruling to extradite him to South Korea.
An email from DCG CEO Barry Silbert in 2022 reveals details of a lunch between himself and Gemini’s Cameron Winklevoss, where the two discussed joining forces to become a “juggernaut” that would compete with Coinbase and FTX.
The announcement, which boosted the Kamino’s total locked value by over $100 million in the past day, has had mixed reactions, with many criticizing key elements of the plan.
The High Court of Montenegro decided between competing claims from the U.S. and Republic of Korea.
Tech
APhone’s goal is to make Web3 mobile more accessible and affordable, especially for those in emerging markets.
Token bridging platform Wormhole plans to airdrop 617 million W tokens to eligible users, but some members of the community are contending that allocations have been unfairly determined.
A judge is still to sign off on a settlement that will see BlockFi receive $874.5 million in claims against FTX and Alameda Research, while FTX will drop its claims against BlockFi.