TLDR: Institutions rush on filing Bitcoin Spot ETFs, Binance announces its Working on Implementing Lightning, Ethscriptions to Create/Transfer Digital Artifacts, SAP Demo USDT Payments, Osmosis 2.0 Launching and Duality to Become the DEX of the Cosmos Hub.

Bitcoin Highlights of the Week

1. Binance officially announce they are working on integrating Bitcoin’s Lightning Network for deposits and withdrawals.

“Some eagle-eyed users spotted our new lightning nodes recently. Yes- That’s us!” – Binance

2. Additionally another 5 Bitcoin Channel was opened from Binance towards Kraken.

3. Deutsche Bank, $1.4 trillion banking giant, and biggest german bank, applied to offer digital asset custody.

4.Financial giants Fidelity, Charles Schwab and Citadel launch EDX Markets, a Bitcoin and crypto exchange.

5. WisdomTree, with $87 billion in assets under management, officially files for spot Bitcoin ETF.

6. Invesco, with $1.49 trillion in assets under management, officially files for spot Bitcoin ETF.

7. Valkyrie Investment joins on the rush and files for a spot Bitcoin ETF, and get the ticker BRRR.

8. The SEC approves the first leveraged Bitcoin Futures ETF. allowing investors to get 2x exposure starting Tuesday 27th.

9. Santander, one of the largest banks in the world, features an article on Bitcoin 's Lightning Network on their website.

10. Grayscale Bitcoin Trust discount began to close. People hit it could be a takeover. Fidelity?

11. Spiral's Bitcoin Lightning Development Kit announces the LDK Node, new Lightning library aims to simplify running a node.

12. Brink renews Sebastian Falbesoner's Grant for his work on BIP-324.

13. Venmo now allows its users to withdraw their Bitcoin.(Funnily enough, many of us thought these companies would never enable such things. It might be game theory in play, or the team has some real bitcoiners.)

14. The lightning network is closely approaching All Time High levels at 5,608 BTC on the network. This capacity is used for near-instant settlement, which is a different use case than "locked" assets on other blockchains.

Ethereum Highlights of the Week

Dencun (Cancun + Deneb) upgrade

• Latest all core devs – execution (ACDE) call video. Summary by Tim Beiko.  Notes from Tim Beiko and Christine Kim:

  • Overview of execution spec tests, Python suite of state & blockchain tests

  • Dencun upgrade discussions: EIP4844 precompile address moved to 0xA, EIP4788 storage size bounded, EIP5656 (MCOPY) tests added and Engine API spec changes

  • EIP4844 devnet 6 had issues, restart as devnet 7 once stable client releases & pass hive tests

  • EIP repo to split out app layer ERCs

• Consensus specs v1.4.0-beta.0: Deneb feature complete, stable unless issues found

• EIP4844:

  • Kelvin: Mr. Moloch’s ephemeral album party contribution to KZG ceremony

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