Over the past week, 13 new wallets have withdrawn 13,560 MKR (approximately $47.8 million) from Binance, with 8,875 MKR (approximately $30.8 million) withdrawn in the past 12 hours alone.
Human-computer interaction AI protocol Bythen completed a US$3 million seed round of financing, with East Ventures participating in the investment
Bythen, the human-computer interaction AI protocol, has completed a US$3 million seed round of financing. Participating investors include East Ventures, BEENEXT, ED3N, GuildFi Global, Dingaling, Grail.eth, GiulioX, etc.
131st Ethereum ACDC Conference: Discussion of incorporating EIP 7547 into Electra and continued development of peerDAS
Christine Kim, Vice President of Galaxy Research, published a document summarizing the 131st Ethereum Core Developer Consensus (ACDC) conference call, where developers discussed and coordinated changes to the Ethereum Consensus Layer (CL). The developers briefly discussed two topics related to the Deneb upgrade, namely clarification on the "voluntary\_exits" field in the CL network specification and regarding the unusual increase in Ethereum block losses caused by last week's network outage. The developers also shared the implementation of four EIPs that have been approved for inclusion in Electra upgrades, including 1. EIP-6110: Adding validator deposit information to the execution layer’s block structure to simplify the work of the consensus layer; 2. EIP-7002: The execution layer can trigger exit; 3. EIP-7549: Move the committee index out of attestation; 4. EIP-7251: Increase the maximum effective balance. In the meantime, developers are still considering incorporating EIP 7547 into Electra. Additionally, developers are continuing to develop peerDAS. peerDas represents a new design for validators to validate blob data, allowing validators to process more blobs per block. The developers recommend that customer teams spend approximately 80% of their resources and time implementing the Electra EIP and 20% on peerDAS development.
Chain game publisher Xterio cooperates with AltLayer to launch Layer 2 network Xterio Chain
Chain game publisher Xterio will cooperate with AltLayer to launch the Layer 2 network Xterio Chain, which is also the first heavy-staking Rollup Layer 2 centered on games and artificial intelligence, with DA support provided by Optimism and EigenDA’s stack. AltLayer will manage the Xterio chain and implement MACH, an AVS that provides fast finality and economical security, to upgrade performance. Additionally, double staking for re-staking ETH assets powered by Eigenlayer and AltLayer is coming soon to secure the Xterio gaming world.
Cathie Wood: Bitcoin can serve as a “hedging tool” against the devaluation of fiat currencies
Cathie Wood, CEO of ARK Invest, said in an interview with CNBC that Bitcoin is rising because it is a "risk-off behavior" against the depreciation of fiat currencies. Wood pointed to the performance of currencies such as the Nigerian naira and the Egyptian pound, which have lost about half their value against the dollar in recent months. During the interview, Wood also mentioned the regional banking crisis in the United States last year, which drove the price of BTC, and the Greek financial crisis in 2013. Wood concluded: “I see this (investing in Bitcoin) as an insurance policy against a rogue regime or bad fiscal and monetary policy.”
Chief Investment Officer of Goldman Sachs Financial Services: Clients Show No Interest in Crypto Asset Class
Goldman Sachs' clients remain uninterested in cryptocurrencies, despite the recent rise in cryptocurrency prices and the increased involvement of other traditional financial giants in the crypto space. Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Wealth Management, said clients have shown no interest in the crypto asset class even after the price increase. Mossavar-Rahmani has a long history of skepticism about Bitcoin and other digital assets, and in a recent interview she reiterated her view that cryptocurrencies are not an investment asset class and are not optimistic about it.
In first interview since prison, SBF says he is haunted every day by "what he has lost"
FTX founder Sam Bankman-Fried (SBF) has commented for the first time since being sentenced to 25 years in prison last week, saying he "of course" feels remorse. "I am haunted every day by what I have lost," he said in an email to ABC News from the Brooklyn City Detention Center. People's money, I'm the CEO of FTX, I'm responsible for everything that happens in the company, and when you're responsible, the why doesn't matter anymore. I'm willing to do whatever it takes to repair even a portion of the damage. I'm in jail I tried my best but couldn't do more, which was very frustrating to me."
Data: $224M worth of tokens to be unlocked this week
Arrow Markets, an options trading platform based on Avalanche, completed US$4 million in Series A financing, with participation from institutions such as Framework Ventures, Delphi Ventures and Avalanche Blizzard Ecosystem Fund. Arrow Markets aims to utilize the Request for Execution (RFE) mechanism to provide quotes for options contracts on the Avalanche chain.