🎂Ethereum Beacon Chain Turns Four

GM Defiers!

Ethereum’s Beacon Chain consensus layer turned four on Dec. 1. The milestone comes as Ethereum researchers are calling for a major Beacon Chain overhaul to tackle centralization threats.

Ripple’s XRP soared 40% on Monday as BTC, ETH and SOL slipped. It’s now overtaken Tether’s USDT as the third-largest digital asset.

The chief policy officer of Coinbase tipped that pro-crypto regulation will quickly move through Congress during Trump’s second term.

Also, the Japanese exchange DMM Bitcoin is shutting down six months after losing more than $300 million to a hack.

✍️ In today’s newsletter:

Beacon Chain turns four ahead of Beam Chain upgrades
XRP soars 425% in a month
Coinbase says incoming Congress is the most crypto-friendly ever
SBI VC Trade buys out DMM Bitcoin

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DIA Lasernet is live on testnet: the first Layer-2 rollup designed for oracle infrastructure, built in collaboration with Conduit, OP Stack, Celestia & Hyperlane.

⛓️Ethereum Celebrates Beacon Chain’s Fourth Birthday Ahead of Overhaul

Dec. 1 marked the fourth anniversary of the Ethereum Beacon Chain going live. However, Ethereum researchers are pushing to revamp Ethereum’s consensus layer through the Beam Chain roadmap to address centralization threats facing the network.

🇺🇸 ‘We Have The Most Pro-Crypto Congress Ever’: Coinbase Policy Chief

Faryar Shirzad, the chief policy officer at Coinbase, is looking forward to Trump’s second term. Shirzad said the incoming Congress is the most pro-crypto ever, predicting key regulations including FIT21 and the Payment Stablecoins Act will sail through Congress.

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By combining sharding with PoW, Alephium achieves unmatched scalability, security, and decentralization, making it a hub for DeFi, NFTs, and blockchain innovation.

🚀Ripple Soars on Regulatory Optimism while Crypto Market Slips

The payments-focused cryptocurrency surged 40% in the last 24 hours to reach $2.70. XRP has overtaken Tether (USDT) to become the third-largest cryptocurrency by market capitalization at $153 billion. XRP’s rise is fueled by speculation that the SEC may drop its lawsuit against Ripple Labs under the Trump administration.

❌ DMM Bitcoin to Shut Down After Devastating Hack

DMM Bitcoin, a Japanese crypto exchange, announced it will cease operations after losing $306 million worth of BTC to a hacker six months ago. In other regional news, South Korea delayed introducing crypto taxation until 2027, and Indonesia’s crypto market is surging.

🌍 ELSEWHERE

MicroStrategy Buys Another $1.5 Billion in Bitcoin, Now Holding 400K BTC (Decrypt)
Bitcoin's 'Illiquid' Supply Soars to New All-Time High Near 15M Tokens (CoinDesk)
MARA proposes $700 million convertible senior note offering to buy more bitcoin (The Block)