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⛏️Bitcoin Rallies Despite Large Miner Challenging Censorship Resistance

The Defiant

DeFi Alpha

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On-chain researchers have flagged multiple blocks mined by the China-based F2Pool excluding transactions from wallets sanctioned by the U.S. Treasury Department since September. However, BTC continues to rally on renewed ETF hype despite the challenge to its censorship resistance.

In DeFi news PancakeSwap will adopt "VE" tokenomics, allowing stakers to vote on where new token emissions are allocated. Also, activity on Avalanche surged 2,000% following the launch of Ordinals-inspired ASC-20 tokens.

Plus, we explore whether Binance has the assets required to pay its $4.3B settlement with the U.S. Department of Justice, explore how trading bots are changing the web3 UX, and take a deep dive into the emerging world of modular blockchains.

✍️ In today’s newsletter:

  • F2Pool spotted censoring sanctioned Bitcoin addresses
  • BTC retests 2023 highs on ETF hype
  • PancakeSwap to embrace VE tokenomics
  • ARC-20 tokens spikes Avalanche activity by 20x
  • Can Binance cough up $3.4B?
  • Trading bots redefine web3's UX
  • Everything you need to know about modular blockchains

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🎬 WATCH

Check out our interview with Ethereum's chief scientist, Vitalik Buterin, to learn about the future of the Ethereum ecosystem. And watch our podcast with David Gogel of the dYdX Foundation to find out why his team migrated from an Ethereum Layer 2 to a Cosmos appchain.


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