The Block
Quick Take: Ethereum core developers have deployed the Dencun upgrade, which incorporates proto-danksharding (EIP-4844), on the Holesky test network. The Holesky implementation marks the final Ethereum testnet upgrade before an anticipated mainnet deployment of Dencun in March.
Quick Take High-level crypto offenders could face severe penalties, including life imprisonment, under the new law. South Korea is currently developing a two-part crypto regulatory framework, the first part of which will go into effect in July.
Quick Take: The Hong Kong General Chamber of Commerce urges the government to embrace Chinese yuan-linked stablecoin issuance and a virtual asset scheme in the upcoming budget.
Quick Take Settlement information contains “sensitive” information that could negatively impact BlockFi’s future litigations, the firm argued in a filing.
Quick Take: MicroStrategy now holds a total of 190,000 bitcoin.
Quick Take The agency previously delayed a decision on what to do next for the Ethereum ETF in December.
Quick Take Lawmakers asked Secretary Yellen about coordination between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Quick Take The 247-page rule adopted on Tuesday will apply to people transacting in crypto assets that meet the definition of securities or government securities, with the exception of having assets less than $50 million.
The token for Bittensor, the network geared toward incentivizing the development of open-source artificial intelligence, eclipsed a market capitalization of $3 billion.$TAO has risen by more than 90% in two weeks.Developers who use Bittensor, the protocol developed by the Opentensor Foundation, are rewarded with the $TAO token when they create AI models that are deemed useful.
Bitcoin’s price rebounded above $43,000 on Tuesday, posting an increase of almost 2% in the past 24 hours.
