Crypto majors fell another 4%, with BTC at 63k. Terraforms Labs sues Jane Street over Luna collapse. WLFI claims a coordinated attack led to USD1 briefly depegging. Crypto dot com receives conditional approval for bank charter. Ethereum developers announce FOCIL for network upgrade, backed by Vitalik Buterin.
FOCIL ensures censorship resistance on Ethereum. It prevents validators from censoring transactions, promoting decentralization and inclusivity. This upgrade aims to maintain Ethereum’s original ethos. While it benefits a global payment system, compliance issues may arise. Expect discussions on the impact of FOCIL in the future of crypto.
In other news, crypto majors are down 4%, with BTC at $62.7K and ETH at $1,810. Vitalik Buterin sells 3,100+ ETH for Ethereum Foundation initiatives. Missouri lawmakers revive a Bitcoin strategic reserve bill. Mexican billionaire Ricardo Salinas encourages buying Bitcoin on dips.
Meme majors see a sharp decline, while WhiteWhale leads notable movers. The Backpack exchange plans to introduce a token for users to earn equity. Based One raises $11.5M to build a crypto super app. USDai’s CHIP ICO token sale goes live, priced at $300M fdv. OpenClaw creator bans crypto references on Discord server to prioritize development over speculation. NFT leaders mostly red, with Punks leading.
Read more at Yahoo Finance: Ethereum’s Next Upgrade Features Censorship Resistance
