The Solana Foundation collaborates with Project Eleven to test quantum-resistant transactions on a testnet, demonstrating practical post-quantum digital signatures without major performance issues, preparing for future quantum threats to blockchain security.
Bitcoin has struggled in 2023, losing 13% and facing challenges like heavy overhead supply and declining demand, as noted by Glassnode. Analysts suggest improvements require seller exhaustion or increased liquidity to absorb supply.
The Hyper Foundation proposes a validator vote to permanently burn 37 million HYPE tokens from the Assistance Fund, reducing the circulating supply by over 13%. This governance vote concludes on December 24, requiring stake-weighted consensus.
Tensions within the Aave ecosystem have flared as a major token holder proposes a "poison pill" governance strategy to seize Aave Labs' assets for the DAO, following discontent over redirected fees from a recent integration.
Circle's acquisition of Interop Labs aims to enhance cross-chain capabilities, but community backlash arises as AXL token holders see no benefits, prompting concerns over fairness and ethics in the deal.
Exor N.V., the controlling shareholder of Juventus Football Club owned by the Agnelli family, rejected stablecoin issuer Tether’s takeover bid. Tether’s $1.3 billion all cash bid for Exor’s 65.4% stake came at a 21% premium to its current value --- This story is an excerpt from the Unchained
Jump Crypto's Firedancer validator client has launched on the Solana mainnet after three years of development, aiming to enhance transaction capacity. Testing showed successful operation with over 50,000 blocks, demonstrating significant progress towards Solana's scalability goals.
Unrealized losses in the crypto market reach $350 billion, with bitcoin at $85 billion. This increase is due to tighter liquidity and lower trading volumes, leaving short-term holders most affected by recent volatility.
Crypto.com, Kalshi, Coinbase, Robinhood, and Underdog have formed the Coalition for Prediction Markets to advocate for safe, regulated prediction markets and educate policymakers on their differences from gambling.
Bitcoin and ether surged ahead of the Federal Reserve meeting, prompting over $300 million in short liquidations. This price movement highlights the influence of macroeconomic decisions on crypto volatility.
Circle is launching USDCx, a privacy-focused stablecoin on Aleo, offering banking-level privacy while ensuring regulatory compliance through zero-knowledge cryptography. Transactions maintain a 1:1 peg to USDC, with compliance records accessible to authorities.
BlackRock has filed for an S-1 to launch the iShares Staked Ethereum ETF, trading as ETHB. The fund aims to stake 70-90% of its holdings, mimicking ETH price movements and distributing quarterly yields.
The amount of ether on centralized exchanges has dropped to 8.8% of total supply, the lowest since 2015, as it moves into long-term holding channels. This could lead to a supply squeeze if demand rises, while bitcoin's exchange balance remains higher at 14.7%.
Polymarket has launched its U.S.-specific iOS app for waitlisted users after receiving CFTC approval, marking its return post-2022 ban. The platform's re-launch follows rival Kalshi's recent successes, with both companies closely competing in trading volume.
Glassnode highlights that Bitcoin's current market resembles Q1 2022, with over 25% of its supply unprofitable. Demand is decreasing, and price stability within the $96,000 to $106,000 range is crucial to avoid deeper bearish trends.
The Aave DAO is considering a governance proposal to scale back its multichain strategy by winding down some of its lowest‑revenue deployments on certain chains. The temp‑check proposal “Focussing the Aave V3 Multichain Strategy,” authored by ACI, calls for a complete wind-down of Aave V3
CoinShares has withdrawn its ETF registration filings for XRP, Solana staking, and Litecoin, shifting focus to crypto equities and multi-asset strategies amid fierce competition in the U.S. market. This move coincides with plans for a $1.2 billion merger.