The Report highlights major progress as the platform nears launch. Core contracts are live on Ethereum mainnet, with the UI finalized and undergoing final QA. The margin trading module is nearly complete, featuring live simulations, oracle logic, and new safety tooling. Revenue-sharing contracts are ready, and a refreshed UI now includes tools for tracking liquidation risk and position health. Additionally, Dex223 is preparing an awareness campaign to address a critical ERC-20 design flaw, now acknowledged by Ethereum.org and OWASP.
Bitcoin's price has been navigating a tight range, with significant activity observed in both treasury holdings and exchange-traded funds (ETFs). While corporate treasuries have been steadily adding to their Bitcoin reserves, Bitcoin ETFs have experienced substantial outflows, signaling a divergence in investor sentiment and institutional behavior.
President-elect Donald Trump has appointed venture capitalist and "All-In" podcast co-host David Sacks as the White House "AI and Crypto Czar." Sacks will be tasked with guiding the administration's policies in these rapidly evolving technological sectors, including the creation of a legal framework for cryptocurrency and leading a presidential advisory council on science and technology. Trump stated the goal is to make America the global leader in both AI and crypto, while also safeguarding free speech online and combating Big Tech bias.
After a remarkable 15-week period of consistent inflows, the cryptocurrency investment fund market experienced a significant shift last week, with a total of $223 million in outflows. This reversal follows a strong start to the week that saw $883 million pour into funds, indicating a rapid change in investor sentiment.
Former UK Chancellor George Osborne has issued a stark warning, asserting that the United Kingdom is "falling behind" in the global cryptocurrency race due to a lack of decisive action from the government and the Bank of England. He fears the UK risks "becoming irrelevant" as other nations like the U.S., UAE, and Asian countries surge ahead in crypto innovation and regulation.
France's far-right Rassemblement National (RN) party is making a significant pivot towards embracing Bitcoin, proposing to utilize surplus energy from nuclear power plants for Bitcoin mining. This move represents a stark reversal from the party's previous anti-crypto stance, with leader Marine Le Pen now championing the idea.
The Cardano community has overwhelmingly approved a significant treasury allocation, earmarking $71.4 million for crucial network upgrades and development. This substantial investment signals a strong commitment to enhancing Cardano's scalability, security, and overall functionality, aiming to solidify its position in the competitive blockchain landscape.
The U.S. energy grid is undergoing a significant transformation, driven by the increasing demand for power and the integration of renewable energy sources. Blockchain technology is emerging as a key enabler for decentralizing and modernizing this critical infrastructure, promising greater efficiency, transparency, and resilience.
Lido, a prominent Ethereum liquid staking protocol, has announced a significant workforce reduction, cutting approximately 15% of its contributor teams across Lido Labs, Lido Ecosystem, and Lido Alliance. Co-founder Vasiliy Shapovalov stated the decision was driven by a need for long-term sustainability and cost management, rather than performance issues. This move comes despite a recent market upswing, signaling a strategic focus on resilience and sustainable growth.
The Commodity Futures Trading Commission (CFTC) has launched a new initiative called "Crypto Sprint," aimed at accelerating the implementation of crypto-related recommendations. This move aligns with the White House's broader agenda to position the United States as a global leader in the digital asset space. The CFTC is collaborating with the Securities and Exchange Commission (SEC) to enhance regulatory clarity and foster innovation within the burgeoning cryptocurrency market.