The SEC’s reluctance to approve spot Bitcoin exchange-traded funds has become even more evident, as the agency has pushed back the deadline for its decision on the applications filed by BlackRock and other investment firms. Let’s find out more. 

Ethereum

A cohort of Ethereum staking providers has concurred on a self-imposed limit of 22% of all staked Ether (ETH) to thwart the growing concerns of centralization within the Ethereum network.

Blockchain data indications have revealed that 1inch Investment Fund, the investment arm of 1inch Network, recently acquired a substantial amount of Ether on its crypto wallet.

OnlyFans’ parent company, Fenix International, revealed that between 2021 and 2022, they had purchased almost $20 million of Ether.

DeFi

MakerDAO CEO Rune Christensen has proposed using Solana’s codebase as the foundation for the protocol’s future blockchain, NewChain. 

Instadapp has announced a new offering from their product lineup, Avocado Multisig, a multi-chain multisig wallet that will serve individual crypto enthusiasts to large financial institutions.

Altcoins

Binance exchange has decided to wind down support for its widely recognized stablecoin, BUSD, next year in collaboration with Paxos.

Worldcoin registered a record number of single-day sign-ups in Argentina, a country known for its enthusiasm for crypto and te

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Author: Amara Khatri

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