The Block
Quick Take Starknet opened up a vote for transitioning v0.13.0 upgrades from testnet to mainnet. The upgrade would add transaction fees payment in STRK, the protocol’s forthcoming native token, as well as ether.
Quick Take Bitcoin has recovered above the $44,000 mark, posting an increase of over 4% in the past 24 hours. However, a number of price correction risks could mute short-term gains, according to a CryptoQuant report.
Quick Take Issuers’ Form 8-A filings signify registration that allows issuers to trade on an exchange and marks progress towards the potential approval of a spot bitcoin ETF.
Quick Take Firms vying for a spot bitcoin ETF have been working on a range of issues with the SEC over the past few weeks, according to three sources. The issues include which models to go with, naming authorized participants and hashing out how to manage hard forks and airdrops.
Quick Take Arbitrum’s Orbit platform has added support for custom gas tokens. The feature will help Orbit’s Layer 3 chains create utility for their own tokens.
Quick Take Gamma Strategies experienced an exploit leading to a loss of an estimated $3.4 million. The protocol has responded by disabling deposits to to its DeFi vaults, though withdrawals remain available.
Quick Take Digital asset investment products recorded $2.2 billion of inflows last year, according to CoinShares. The inflows were 2.7 times greater than those seen in 2022 — the third-largest year on record.
Quick Take Moody’s has assigned a rating to the first fund to utilize Standard Chartered’s SC Ventures’ Libeara tokenization platform. The fund will be issued on Ethereum and Stellar by Singapore’s FundBridge Capital.
Quick Take The decentralized exchange said customer funds were untouched, and the attacker likely did not profit from the YFI price crash.
Quick Take U.S. crypto users must report “trade or business” transactions of $10,000 and more to the IRS, according to amendments to the U.S. Internal Revenue Code affective Jan. 1. It’s not clear how the new norm will work in reality.
