Monday February 12, 2024

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Your Weekly Update On All Things Crypto

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MACRO NEWS

Gary Gensler Called Out By US Senators For Fumbling The Bag...


Following the recent dismissal of the case involving the crypto firm Digital Licensing by the United States Securities and Exchange Commission (SEC), a group of US Senators have penned a letter to Gary Gensler, the Chairman of the agency, expressing concerns about the case.


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Bitcoin Continues To Increase As US Inflation Expected To Slow Down...


Bitcoin (BTC) continues its upward trend, surpassing $48,000 and reaching a new monthly high. AVAX, meanwhile, emerged as the top performer last week among the larger-cap altcoins. Other altcoins are also showing positive movements, with Ethereum (ETH) surpassing $2,500 and Solana (SOL) reaching $110.


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Launch Date For Highly Anticipated Ethereum Update Finally Revealed...

The eagerly awaited Dencun upgrade for Ethereum is scheduled to launch on March 13th, 2024. Following the successful implementation of the Dencun upgrade on the Holesky testnet on February 7th, the Ethereum core developers team finalized the date for the mainnet rollout during the bi-weekly Consensus Layer Meeting call.


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North Korea Accused By UN For Stealing $3 Billion Worth Of Crypto Assets...

United Nations (UN) sanctions monitors have recently accused North Korea of engaging in a significant theft of cryptocurrency assets, amassing $3 billion through cyberattacks. An independent panel of sanctions monitors disclosed that North Korea persistently flouted regulations despite international sanctions, by advancing its nuclear arsenal and generating nuclear fissile materials.


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Disney Doubles Down On Building A Metaverse Via Epic Games Partnership...



Walt Disney Co. is investing $1.5 billion in Epic Games for a stake in its equity, aiming to create what it terms a persistent universe. This move follows the decision by Disney to close its metaverse division less than a year ago.


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GoDaddy Partners Up With ENS To Connect Web Domains Via Blockchain...

Ethereum Name Service (ENS) and domain registrar GoDaddy have joined forces, enabling users to connect their domain names to ENS without incurring extra expenses or requiring technical expertise. This partnership aims to unite the traditional DNS protocol, utilized by conventional websites, with blockchain-based names.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising January 30 - February 5...


On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 30th January-5th February 2024. We are thrilled to see such tremendous support from all involved. Well done! 

  

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CONTENT OF THE WEEK

URGENT: You NEED TO UNDERSTAND What's Happening With BlackRock & Fidelity RIGHT NOW

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Bitcoin hits $47,000 for first time since January, rising more than 10% in a week: CNBC Crypto World

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Crypto News: Bitcoin, ETH Upgrade, The Fed, USDT & MORE!!

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.