Parse notes
Microsoft shareholders rejected a proposal to allocate 1-5% of profits to Bitcoin reserves. The board cited Bitcoin's volatility as one reason to stop the proposal. The proposal, driven by the National Center for Public Policy Research (NCPPR), highlighted the potential benefits of Bitcoin adoption but relied heavily on a “fear of missing out” argument.
A source close to Donald Trump's transition team claims he plans to monitor Bitcoin prices closely, viewing it as a "stock market" alternative. Trump is reportedly eyeing a potential Bitcoin surge to $150K early in his presidency.
Coinbase's Project Diamond has integrated Chainlink's infrastructure to improve the scalability, interoperability, and compliance of its digital asset platform for institutional users. This collaboration enables tokenized assets to seamlessly interact across public and private blockchains, leveraging verifiable data and cross-chain connectivity to drive institutional adoption and streamline asset lifecycle management.
DIMO will migrate its protocol to Base in 2025, aiming to use Base's enterprise credibility, robust DeFi ecosystem, and performance secured by Ethereum to scale its web3 solutions for the global auto industry. This move will look to modernize car payments, tokenize ownership, and integrate smart contracts for seamless innovation. The migration is subject to a later governance vote by DIMO token holders.
A new crypto scam targets users via fake Telegram groups impersonating influencers, tricking them into running malicious verification bots that inject malware to steal crypto keys. Protect yourself by avoiding suspicious links, verifying official channels, and using hardware wallets.
Privacy is poised to revolutionize crypto, AI, and institutional adoption, acting as the key to unlocking trillions in capital and enabling private, secure applications. A new report highlights the Crypto Privacy Stack, privacy-enhancing technologies, and protocols like Nillion that are paving the way for this transformation.
Goldman Sachs CEO David Solomon stated the firm would consider trading BTC and ETH if U.S. regulations change, expressing interest in the growing demand for crypto-related products. He highlighted the speculative nature of these assets and noted the potential for regulatory changes under the incoming administration.
The sentencing of former Celsius chief revenue officer Roni Cohen-Pavon has been postponed until after ex-CEO Alex Mashinsky's sentencing in April 2025, following Mashinsky's plea deal with U.S. prosecutors. Cohen-Pavon, who pleaded guilty to multiple felony charges, has provided information potentially relevant to Mashinsky's case which could impact the former CEO's sentencing.
Ethereum locked in ETFs (2.64% of total supply) has passed that in L2s (2.57%), with Grayscale holding about half of the ETF allocations, highlighting ETFs' growing role in ETH supply dynamics.
Crypto's transformative power lies in its ability to create new markets.
Ethereum's bright future is fueled by the Ethereum Foundation's innovations, like EIP-1559 and chain abstractions, but challenges like scaling and L1 vs. L2 priorities remain.
The Moonwell Card enables seamless spending for crypto investors and unbanked users, allowing instant borrowing against assets like Bitcoin or staked Ethereum without taxable events and auto-loading from USDC vaults to earn while transacting globally.
BMX, a rising derivatives exchange on Base and Mode Network, has partnered with Token Terminal to enhance transparency and data reporting.