Tech
Farcaster, a decentralized social network, recently released Frames, which turns posts on the social network into interactive applications. Since the roll-out, a number of bounties have emerged to motivate developers to build Frames.
Ethereum
The bank’s report also predicted ETH could hit $4,000 in the lead-up to an approval.
DeFi
Around 25% of the $2.6 billion stolen in over 600 major crypto hacks last year has been recovered, according to PeckShield’s Crypto Security Annual Report.
Bitcoin
Bitcoin’s 12-month annualized volatility has fallen to 45% – the lowest level in 12 years, which some analysts are attributing to the approval of spot Bitcoin ETFs earlier this month.
Last week, Jupiter reached over 578,000 traders, the most in a single week, ahead of a much-anticipated airdrop expected to occur on Wednesday.
The crypto platform will add Atomicals (ARC-20), Stamps (SRC-20), Runes, and Doginals, (DRC-20) to its OKX wallet and marketplace to make trading more accessible.
Crypto users who transacted on Jupiter, a Solana-based DEX swap aggregator, were able to claim WEN tokens for a few days until Monday morning. All unclaimed WEN tokens, worth about $35 million, will be burned, according to the token’s creators.
The Stellar Development Foundation has disarmed its validators, urging others on the network to hold off on voting to implement the Protocol 20 upgrade until a bug fix has been released.
Business
FTX’s bankruptcy estate has offloaded a significant amount of crypto assets, doubling its cash reserves to $4.4 billion over the course of two months.
The rollup holds about 4.5 million ETH in its smart contracts, a 13% increase in the past 30 days and a 104% jump in the past year.
