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Eigen Foundation pledges 1% of $EIGEN tokens ($8M) to Protocol Guild, enhancing Ethereum Layer-1 development. Protocol Guild supports 180+ members across 29 teams, nearing $100M in total donations, bolstering Ethereum’s innovation and sustainability.
Avalanche Foundation secures $250M from investors, boosting $AVAX by 10% to $52. The Avalanche9000 upgrade aims to cut Layer-1 costs by 99.9% and reduce fees, enhancing scalability with over 500 chains in development, potentially outpacing Ethereum and Solana.
WLFI, backed by Donald Trump, invests $12M in $ETH, $LINK, and $AAVE, signaling confidence in DeFi. Their crypto holdings now total $74.7M. Plans include launching a stablecoin and DeFi access tools, potentially transforming financial services.
Crypto startups raised $800M in November VC funding despite market challenges. $583M went to crypto infrastructure, signaling strong support for foundational tech. DeFi and blockchain gaming sectors also drew significant investments, indicating confidence in digital finance’s transformative potential.
Bitcoin hits $100K as investors anticipate a Fed rate cut. Meanwhile, the SEC charges three individuals in a $2.9M Bitcoin scam using AI and voice-modification tech, underscoring the growing sophistication of crypto-related frauds.
$BNB partners with Circle to integrate $USDC, expanding stablecoin accessibility to 240M users. This move, following regulatory shifts, positions Binance against $USDT dominance, potentially reshaping the stablecoin market landscape.
Coinbase’s Project Diamond integrates $LINK for tokenized asset services, enhancing cross-chain operations in the MENA region. This partnership, supported by Abu Dhabi’s regulatory framework, aims to boost blockchain adoption in traditional finance.
Goldman Sachs explores crypto market-making for $BTC and $ETH, contingent on U.S. regulatory changes. The bank is investing in blockchain technology and tokenization, holding $718M in Bitcoin via ETFs, showcasing institutional interest in digital assets.
Tether’s $USDT receives regulatory approval in Abu Dhabi, becoming an accepted virtual asset under ADGM’s framework. The move supports the UAE’s economic vision, with plans for a Dirham-pegged stablecoin and a partnership with @0xPolygon for token standards.
$USDT wallets reach 109M, rivaling $ETH’s user base and surpassing $BTC. Tether holds 97.5% of stablecoin supply across 25 blockchains, driven by retail users and a shift to self-custody after FTX’s collapse.
Ethereum Foundation’s Toni Wahrstätter advises caution on raising $ETH gas limits due to potential network risks. Pectra 2 upgrade tests EIP-7623 and EIP-7691 to enhance capacity while maintaining security, crucial for scalability and innovation.
Weekly crypto inflows hit a record $3.85B, with $BTC leading at $2.5B, followed by $ETH at $1.2B, and $XRP at $134M. The trend highlights increasing institutional interest and potential for broader market adoption.
Ripple CEO Brad Garlinghouse criticizes @60Minutes for omitting a July 2023 ruling declaring $XRP not a security. He highlights Ripple’s political influence with $45M contributions, emphasizing blockchain’s transformative potential in cross-border transactions and politics.
Charles Hoskinson of $ADA urges ‘verified tweets’ using public-key cryptography after Cardano Foundation’s Twitter hack. The proposal aims to enhance security and reduce misinformation, with an offer to implement it for free if supported by @elonmusk.
