🇺🇸 Trump SEC Planning Crypto Regulation Overhaul. Commissioners Hester Peirce and Mark Uyeda are planning to explore freezing crypto enforcement actions not involving fraud, Reuters reports.
💰DOJ Says $9B in BTC Should Be Returned to Bitfinex. Over $9B in bitcoin recovered from the Bitfinex hack should be returned to the exchange, the DOJ said Tuesday.
💸 Rep. Tom Emmer is Vice Chair of Digital Assets Committee. The past Bankless guest will lead the congressional committee alongside Rep. French Hill.
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Daily Market Snapshot: Bitcoin broke above $100K as crypto markets surged on news that Trump's SEC could freeze existing lawsuits against crypto companies and tackle overhauling crypto regulation immediately after his inauguration.
What originally started as a small team of anons selling NFTs to their friends has evolved into one of the most hyped L1 projects of the year. Berachain is an EVM-compatible L1 that raised $100M in 2024, and its mainnet launch is rumored to be imminent.
Unlike contemporary Proof-of-Stake (PoS) blockchain designs – which limit staking to native assets (i.e., ETH or SOL) – Berachain’s novel Proof-of-Liquidity (PoL) consensus mechanism provides stakers the ability to use virtually any asset of value to secure the network, from stablecoins to AMM liquidity provider positions to lending market deposits.
By aligning network token incentives with the financial interests of DeFi users, Berachain aspires to achieve a self-reinforcing growth cycle that will foster market-leading liquidity and yield opportunities, positioning it as a dominant force among Layer 1 blockchains!
Interested in being part of the journey pre-mainnet? Here's your guide to gaining exposure to the Berachain opportunity. 👇
Uniswap Labs is offering the largest bug bounty ever: $15.5M for critical bugs in Uniswap v4! Built with community contributions and rigorously audited, v4 will be one of the most audited codebases ever to be deployed onchain, and continues Uniswap’s commitment to security.
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time to time, we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets.
