The Block
Ether perpetual futures open interest has surged on centralized exchanges, hitting an all-time high on Deribit.The rise in the ether perpetual futures funding rate since the start of February on Deribit suggests an increasing demand for long (buy) positions.
Quick Take: The Uniswap version 4 protocol launch is tentatively scheduled for Q3 this year. Launch timing depends on Ethereum’s Dencun upgrade in March and subsequent security audits. V4 aims for a more modular structure with “hooks” for customizing liquidity pools.
Jupiter’s 2023 investment in an XRP ETP was canceled due to regulations in Ireland.
Quick Take According to a research report, the theoretical costs associated with successfully attacking Bitcoin or Ethereum far outweigh the benefits.
Quick Take The two aim to educate emerging economies on web3 via Jambo’s affordable blockchain smartphone device.
Quick Take During a House Financial Services Committee hearing on Thursday titled “Crypto Crime in Context Part ll: Examining Approaches to Combat Illicit Activity,” a congressional panel delved into how to prevent bad actors from using cryptocurrency for illicit finance.
Quick Take A panel focused on digital assets within the House Financial Services Committee will convene this afternoon for a hearing titled “Crypto Crime in Context Part ll: Examining Approaches to Combat Illicit Activity.”
Quick Take In 2023, the Financial Conduct Authority issued 450 alerts as part of its enforcement efforts against illegal cryptocurrency advertisements. The regulator emphasized it will continue to take action against firms issuing illegal financial promotions in 2024.
The bitcoin market is entering a period with conditions indicative of a pre-halving rally, an analyst said.
Quick Take Moonbeam Network is making a push into blockchain gaming through a partnership with Animo Industries, the web3 game developer behind the third-person mech-shooter “Stars Arena.” The companies are bullish the web3 gaming market could grow by nearly 400% over the next decade.
