Bitcoin's Big Dilemma
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Sponsor: Celo — Celo is returning to Ethereum with OP Stack and celebrating four years of mainnet!
- 🔥 Consensys sues SEC. The crypto software giant announced their suit designed to fight for Ethereum’s future and protect crypto developers.
- 🧑⚖️ Samourai arrests. The U.S. Department of Justice arrested the CEO and CTO of Samourai Wallet, a privacy-centric Bitcoin wallet, on charges of money laundering and operating an unlicensed money transmitter.
- 🪙 L2s embrace Avail. Data availability (DA) solution Avail just announced that its network can now be integrated by developers building on Arbitrum, Optimism, Polygon, Starknet and zkSync.
🙅 Outmatched. Troubling US economic data released this morning is suggesting that the Fed has lost control. What are the numbers saying, and how have markets reacted?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.39T | ↗ 1.0% | ↗ 3.5% |
|
BTC $65,062 | ↗ 1.4% | ↗ 2.4% |
|
ETH $3,179 | ↗ 1.5% | ↗ 3.7% |
As Bitcoin's fourth Halving slashed rewards again, the network faces a pivotal moment.
Amid fears of reduced security, the Runes phenomenon has sparked a surge in transaction fees, shifting the economic landscape for miners. Is this shift sustainable or just a flash in the pan?
Let's dig into Bitcoin's security and economic future 👇
After Celo’s community unanimously voted to migrate the mobile-first, EVM-compatible L1 to an Ethereum L2 (#CEL2), core contributors cLabs spent months evaluating and testing leading tech stacks. On Celo mainnet’s 4-year anniversary, cLabs is excited to announce its proposal to leverage Optimism’s OP Stack.
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