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Crypto Alpha, Week 41 2023

All things Crypto, Web3 and Blockchain to keep you updated

TLDR: GBTC ETF Moves Closer, Babylon Launch Bitcoin Staking Protocol, Satoshi Reappear, Ferrari Accepts Bitcoin, Hacker Return Assets to HTX Global, Optimism Launch Fault-Proof System, Stride Propose STRD to ATOM Conversion & Gnoswap Become First DEX on Gnoland.

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Bitcoin Highlights of the Week

The SEC will not appeal its loss in the Grayscale Case where an BTC ETF is on the table. This news, boosts the odds for Grayscale BTC ETF (GBTC) to become a reality.

Babylon Launch Bitcoin Staking Protocol

Babylon, a crypto security blockchain, is quietly working on a project that could bring economic security to emerging Proof-of-Stake (PoS) chains.

Satoshi Twitter X Account Reappear

The dormant Twitter account @satoshi, believed by many to be associated with the mysterious creator of Bitcoin, Satoshi Nakamoto, has sprung back to life after five years of silence.

Ferrari has now started to accept payment in cryptocurrency for its luxury sports cars in the US, and plan to extend the scheme to Europe following requests from its customers.

First Bitcoin Mining Pool with Geothermal Energy

Volcano Energy and Luxor Technology have partnered to create "Lava Pool" which is El Salvador's first Bitcoin mining pool powered by geothermal energy, prompting to address Bitcoin’s recurrent sustainability problem.

Ethereum Highlights of the Week

The proposed staking design changes from Vitalik will provide delegators power to choose nodes and participate in consensus. This improves decentralization and reduces consensus overhead.

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