TLDR: The SEC Set for Mass BTC ETF Approvals, White Whale Launch on Osmosis, Eclipse Fi Mainnet Launch Scheduled, Bankless and BanklessDAO to Seperate & Wormhole Secure Funding.

Premium Content of the Week 

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Bitcoin Highlights of the Week

MicroStrategy Acquire Additional BTC

MicroStrategy, a prominent player in the Bitcoin ecosystem, has acquired an additional 16,130 Bitcoin, bringing their total holdings up to 174,530 BTC!

Lightning Network Facing Issues

The Lightning Network, designed to enhance the scalability and efficiency of BTC, is facing security concerns as a shift in focus towards cash flow generation for investors potentially compromises the network's security.

The SEC Set For Mass BTC ETF Approvals

A number of TradFi players are actively working with the SEC to secure approval for their spot Bitcoin ETFs and these are anticipated to be mass approved January 10th.

El Salvador BTC Investment Turns Profitable

El Salvador’s head of state, Nayib Bukele, recently announced that the nation’s bitcoin investment has turned profitable and has risen by $3.6 million, based on current bitcoin exchange rates.

Ethereum Highlights of the Week

Kyber Network Plan Grants Post Exploitation

Following the exploitative hack made on November 22 2023 where approximately $48.8 million were stolen, Kyber Network has announced it is planning to reimburse its affected users via grants.

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