Crypto && Coffee 113
- 4 minsTechnology Recap:
Bitcoin:
- As of February 11th, 2022, BitMEX supports withdrawals to Bech32m addresses. These are also known as Taproot Addresses.
- Blockchain.com wallet adds support for Taproot.
- The BitBox hardware wallet adds support for Taproot!
- Sensei, a Lightning node implementation that is using Bitcoin Dev Kit (BDK) and Lightning Dev Kit (LDK) has been released in beta. Both BDK and LDK are in collaboration with Spiral.
Litecoin:
- A new page is now live to track the activation status for MWEB and Taproot on Litecoin!
Ethereum:
- Erigon publishes another beta release, v2022.02.02-beta, with focus on closing the node database on failure, compatibility, header sync issues and more!
- Ben Edgington shares the latest in eth2 with focus on the Beacon Chain, The Merge, Kintsugi, and the Execution layer.
- The Go Ethereum team releases Geth v1.10.16 which includes various bug fixes in addition to performance enhancements for tracing and cross-client external benchmarks.
Other Chains:
- StarkWare reflects over the past year and dives into the building blocks behind StarkNet!
- Nomic Labs, the team behind Hardhat, is becoming the Nomic Foundation - a non-profit Ethereum public goods organization backed by Ethereum Foundation, Coinbase, a16z, ConsenSys, and more.
- Vesta Finance just went live, bringing a best-in-class stablecoin experience to both Ethereum and Arbitrum.
- Ribbon Finance has officially launched Ribbon Treasury on mainnet! This product is for DAOs/treasuries to generate income on their assets by selling options.
- Emeris shares that soon users will be able to access Emeris through a new browser extension and still continue to use existing solutions like Keplr.
- 0xSplits is introduced, a protocol for trustless, composable, gas-efficient splits.
- zkSync has integrated Orbiter Finance’s decentralized cross-rollup bridge into their official zkSync v1 wallet. This enables users to deposit funds from Ethereum, Polygon, and Arbitrum.
- Protocol Labs introduces Launchpad, a 6-week onboarding program for a new full-time PL Network contributor to quickly ramp up their web3 knowledge.
- Privy is launched which aims to help users manage their data off-chain, enabling web3 products to thrive without siloing user data and putting privacy at risk.
- Passport Protocol goes live which aims to be an open analytics framework that empowers protocols to create new incentive models by allowing developers to differentiate from competitors, iterate on smart contracts, and share custom data primitives.
Mainstream Recap:
- BlockFi agrees to pay $100M in penalties and pursue registration of its crypto lending product.
- The Ontario Provincial Police (OPP) and Royal Canadian Mounted Police (RCMP) ordered all regulated financial firms to cease all transactions involving 34 crypto wallets tied to the funding of trucker-led protests in Canada.
- Anchorage, Avanti, BitGo, bitFlyer, Bittrex, BlockFi, Circle, Coinbase, Fidelity Digital Assets, Gemini, Kraken, Paxos, Robinhood, Standard Custody & Trust, Symbridge, Tradestation, Zero Hash and Zodia Custody come together to form the founding team behind TRUST, a platform that aims to securely transmit customer info for the FATF Travel Rule.
- Jay Freeman publishes a critical bug found in Optimism that was recently patched. The bug would have allowed an attacker to print an arbitrary quantity of tokens.
- OpenNode announces their $20M Series A funding round led by Kingsway with participation from Twitter, Tim Draper, and Avon Ventures.
- CoinDesk reports that Morgan Stanley says Ethereum network is less decentralized than Bitcoin.
- OpenSea introduces two new community investment programs - Ecosystem Grants and OpenSea Ventures. Both are aimed at supporting emerging tech and the advancement of web3.
- Least Authority details the disclosure of security vulnerabilities in Atomic Wallet.
- OKcoin and the Stellar Development Foundation (SDF) announced that Stellar USDC is now available on the Okcoin platform.
- Intel’s first crypto-focused chip, which it calls a “blockchain accelerator” is aiming to ship later this year with Jack Dorsey’s Block and GRIID as the first companies to preorder.
- Ceramic announces that the community has raised a $30M Series A led by Multicoin Capital and USV to accelerate the development of Ceramic and unlock data composability in web3.
This Week’s Cup of Coffee:
This week, we are heading to Sacramento, CA for a cup of Wonderblend from Temple Coffee Roasters. This fruit-forward roast yields notes of raspberry, pineapple, and hints of lemon. Sip up and enjoy via pour over or Chemex!!
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