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Bitwise has filed an amended S-1 form for its Ethereum ETF, potentially allowing the product to launch as soon as next week, pending SEC approval. Analysts suggest that the listing, which follows the SEC's earlier approval of 19b-4 forms for eight Ethereum ETFs in May, could happen by mid-July.
Former President Donald Trump has voiced strong support for Bitcoin, suggesting it could serve as a strategic reserve asset to bolster the U.S. economy and counter geopolitical rivals like China and Russia. This stance aligns with other political figures advocating for Bitcoin's inclusion in national reserves, sparking discussions on its potential to curb inflation and enhance economic resilience.
Flashbots has released a new block builder in the Rust programming language. It builds mainnet blocks in less than 100ms, 10x faster than the geth builder, with an average fill time of 20ms. It is now open-source.
This post discusses the difficulties of distributing tokens in crypto, specifically focusing on the issues of different distribution methods (points, airdrops, etc.) and the regulatory hurdles that come with token sales. Infinex plans to use a non-fungible governance token sold based on early participation on a platform/protocol to fairly distribute governance while also circumnavigating regulatory complexities.
Crypto market conditions are more sophisticated than "bull/bear markets". A more sophisticated approach that acknowledges the complexity of crypto's high volatility and varied investment timeframes is needed. Investing success comes from navigating market inflection points and adapting strategies based on evolving conditions, rather than sticking to standard bull/bear market positions.
L2s (Layer 2 solutions) inherit the security properties of Ethereum, addressing concerns about their similarity to centralized servers. They achieve re-org resistance, censorship resistance, data availability, and transaction validity by posting data batches to Ethereum, ensuring that any malicious attempts would require compromising Ethereum itself.
Last week, RFK Jr supporters launched the first "PolitiCoin", named $JUNIOR, a cryptocurrency supporting RFK's campaign. The coin has a unique supply of 47 million — symbolizing RFK Jr's aspiration to become the 47th President. A 1% transaction fee is included on all trades to directly fund his campaign. All liquidity is locked.
This reflection from Starknet's founder Eli Ben-Sasson highlights the difficulties of allocating tokens to real people who will contribute to Starknet's future. He emphasized the importance of creating a diverse, engaged community to secure and govern Starknet. The piece concludes by calling for research into better token distribution methods and “proof of personhood” solutions for future rounds.
Arbitrum's sequencer uses pipelining to build multiple blocks simultaneously.
Consensys has acquired Wallet Guard, a digital wallet security provider, to improve MetaMask's ability to protect users from theft, scams, and fraud.
Infrastructure has high valuations because of the potential for mass adoption, but money will ultimately flow to applications providing scalable value.
Ethereum researcher Justin Drake believes Bitcoin is insecure in the long term because of issuance and fee market dynamics.