News
“Human One” NFT by Digital Artist Beeple sells at Christies auction house for $28.9 million (Link)
Creators of .eth domains, Ethereum Naming Service (ENS) airdrop $800 million (currently over $1 billion) worth of ENS tokens to .eth domain owners giving users a vote in network decisions (Link)
More than 73,000 addresses claimed ENS (Link)
50% of the tokens allocated to the community treasury (Link)
Taproot, the first major Bitcoin upgrade since 2017, went live at BTC block 709,632 on 11/14/21 (Link)
Schoor Signatures batch Bitcoin transactions to make them smaller & more efficient (run a node with less computing power)
Schoor Signatures allow for more private Multi-signature wallet transactions
“Ready Layer One” - Galaxy Digital Report on Ethereum & other Layer 1 networks (Link)
Growing adoption of the Ethereum chain
Alternatives to Ethereum
Consensus mechanisms, nodes, and more
“A guide to Layer 2” - Galaxy Digital Report (Link)
Overview of off-chain solutions
L2 comparisons
“Who are today’s Bitcoin & Crypto owners?” - Paxful Report (Link)
300 million global users
Total Bitcoin addresses ever created reaches over 900,000,000 (Link)
Matter Labs raises $50 million for their Ethereum Zero-Knowledge scaling technology (Link)
Decentralized Finance & Crypto News
With $25 million in charitable donations to MiamiCoin, the Mayor of Miami has green lit a project to scale Miamicoin & give citizens a Stacks/Bitcoin yield (Link)
Donors who support a certain city buy STX with BTC, they will then send the STX to the CityCoin Smart contract (Stacks - Bitcoin)
The city keeps 30% & the citizens are entitled to 70% with the STX earning a yield from staking/mining (Link)
“Stablecoin lending yields more than twice as much as US Junk bonds and almost 150 times the average US savings account” - Arcane Research (Link)
Over 850,000 ETH ($4 billion) burned since the launch of EIP-1559 (Link)
Deflationary pressure against newly mined ETH issuance
The SEC halts the token registration of the first Wyoming based DAO LLC (Link)
Brave Browser to integrate the Solana Blockchain as the default for Decentralized applications used through Brave (Link)