16 April

“Ethereum’s Berlin hard fork went live at block 12,244,000 Thursday. The Berlin hard fork is a network upgrade that incorporates four Ethereum Improvement Proposals (EIPs) that tinker with gas prices and allow new transaction types.

The upgrade is a stepping stone to the much bigger London hard fork, which will activate EIP 1559, a momentous change to Ethereum’s fee structure.”

See Also: Ether Breaks $2,500 for the First Time in Wake of Berlin Fork
See Also: Open Ethereum Clients Encounter ‘Consensus Error’ After Berlin Hard Fork
See Also: Ethereum Berlin Upgrade Status

“According to the firm’s daily trade summary, Ark Innovation ETF, Ark Fintech Innovation ETF and Ark Next Generation Internet ETF bought a combined 749,205 shares of the leading cryptocurrency exchange for around $246 million.

Ark has its eyes fixed on technology and finance, investing mainly in “disruptive innovation.” The flagship Ark Innovation fund has a stake in major U.S. companies including Telsa, Square, Crispr, Shopify, Zoom and others.”

See Also: Hedge Fund Behind One River Digital to Invest Part of $5.6B Fund in Crypto: Report

“Ethereum and multi-chain oracle service Chainlink are building out a new oracle network that could provide a solution (in part) to both scalability and front-running issues. Dubbed Chainlink 2.0, the network creates what its team calls “decentralized oracle networks” (DONs). These second-layer networks operate off-chain.

Off-chain oracle services could potentially mitigate miners front-running trades on-chain.

Our work with the top DeFi protocols has clearly shown us that in order to create the next generation of smart contracts developers need an easily accessible, provably secure and scalable set of decentralized services surrounding their smart contract code with key additional functionality.”

“Ether’s options market is witnessing an explosive growth, as the second-biggest cryptocurrency rallies to fresh all-time highs above $2,400. The value of open positions has gone up by roughly $1 billion since March 26, and ether’s price has appreciated by over 50% over that period.

Options trading volume has increased rapidly to $425 million, from $183 million as recently as late March. Open interest in the ether futures market has also jumped to new record highs above $8 billion. Ether is currently trading near $2,450, representing a 232% year-to-date gain.”

See Also: Ethereum’s Gitcoin Raises $11.3 Million, Spins Out of ConsenSys

“A Miami-Dade County commissioner is backing a new resolution to allow residents to use cryptocurrencies like Bitcoin (BTC) to pay local taxes. The task force would examine the feasibility of allowing residents to pay their county taxes, as well as pay for fees and services, using digital currencies including Bitcoin, Ether (ETH) and Litecoin (LTC).

According to the document, crypto payments have the ‘potential to enhance convenience and save costs.'”

See Also: Switzerland’s largest insurer AXA starts accepting Bitcoin as payment
See Also: Millions of Swedish savers have exposure to Bitcoin via state pension fund

“The future is starting to look “Gattaca”-esque as bidding for a crypto user’s DNA sequence begins.

A crypto user known as “Cybex_Dreamer” recently listed their personal genome as an NFT for sale on OpenSea’s digital marketplace. The anonymous seller is auctioning off three NFTs, each containing one-third of their complete DNA sequence, based on identifier, chromosome number, base pair position and genotype.

Another company has said it is doing the same for crypto users. GenoBank.io plans to allow its customers to create a biological NFT, aiming for people to maintain some ownership of their DNA.”

“The company has plans to convert into an ETF when regulations allow. If the ETF had been approved already, Grayscale would be the second-largest commodity ETF behind SPDR Gold Shares.

The Grayscale Bitcoin Fund is likely to surpass the GLD fund by market cap in a few months.”

See Also: Guess Who Might Be Buying $BTC? Grayscale

“The U.S. Treasury Department is sanctioning a Pakistan-based organization it claims was paid in digital currencies to create false identities for members of the Internet Research Agency (IRA), a Russian organization accused of election interference and other cyberattacks.

The Treasury Department announced it would identify digital currency addresses used by Second Eye Solution (SES), otherwise known as Forwarderz, which allegedly received some $2.5 million across nearly 27,000 transactions between 2013 and March 2021.

The PINT token seeks to offer investors balanced exposure to the emerging Polkadot ecosystem, hedging the volatility of individual projects against the broader performance of the sector. PINT’s developers are hoping to see the index adopted as a “treasury reserve asset” across the Polkadot ecosystem.

Six of Polkadot’s leading projects have already given “soft commitments” for inclusion in the index, including Acala Network, Equilibrium, HydraDX, Litentry, Moonbeam and Plasm.

“Smoked meat stick vendor Slim Jim has an actual official dogecoin strategy. And it appears to be working, big time. The social media-savvy snack food saw its Twitter follower count increase 160% and tweet impressions soar to the moon (35 million impressions in 25 days) after it began engaging in Shiba Inu meme coin content last quarter.

The first instance of a public company deploying a bona fide strategy around DOGE highlights how dogecoin has become a serious business while staying true to its roots as an objectively ridiculous meme coin.”