The Block

Quick Take On Wednesday, Hong Kong’s privacy watchdog conducted investigations at six Worldcoin premises — citing concerns regarding risks to personal data privacy.

Jupiter’s native token will launch today with subsequent trading on centralized exchanges.1.35 billion Jupiter tokens will be in circulation at launch, which accounts for 13.5% of the 10 billion total supply.Jupiter will also open its retrospective airdrop for early users.

Ether options trading volume for the month of January is at an all-time high, according to data from The Block.There is a notable concentration of call options for ether with a strike price of $2,500 for the Feb. 23 expiry on Deribit.

Quick Take The company is set to have its first day bankruptcy court hearing on Wednesday in the U.S.

Quick Take The upgrade, when deployed on the mainnet in the future, is expected to significantly lower fees and increase scalability.

Quick Take The agency, which first sued Digital Licensing in July, told Utah U.S. District Court Judge Robert Shelby that it planned to dismiss the action without prejudice, meaning the SEC can still refile its case.

In what would be the first time since the new products began trading, spot bitcoin ETFs offered by BlackRock and Fidelity are on track to best Grayscale’s converted fund in terms of daily volume.Grayscale’s instrument, a conversion of its flagship GBTC, has shed billions of dollars in assets under management.

The price of bitcoin has held above the $43,000 mark, posting an increase of over 10% in the past week.The majority of long-term bitcoin investors remain unwilling to part with their coins at current prices, according to Glassnode analysts.

Quick Take a16z’s Chris Dixon shares the thesis behind his new book, Read Write Own: Building the Next Era of the Internet.

Standard Chartered Bank expects the SEC to approve spot Ethereum ETFs on May 23.The bank predicts a potential $4,000 target for ETH if it mimics BTC’s pre-approval performance.