Daily Bits

Justin Drake, an Ethereum Foundation researcher, proposed a major overhaul of Ethereum's consensus layer called "Beam Chain" during a presentation at DevCon in Bangkok.

President-elect Donald Trump plans to appoint pro-crypto candidates to key financial agencies, aiming to create a more crypto-friendly regulatory environment and fulfill his promise to make the U.S. the "crypto capital of the planet."

South Korean developer Delabs Games is pivoting to Telegram’s crypto gaming space, starting with the popular franchise Ragnarok, which will launch on Telegram in Q1 2025.

The Ethereum Foundation launched the Mekong testnet to allow developers to explore user experience (UX) and staking updates for the upcoming Pectra fork.

Wintermute Governance has proposed a shift in the Ethena protocol's revenue structure, aiming to allocate a portion of protocol revenue to sENA holders, who currently do not benefit from it.

A surge in Bitcoin's value pushed it beyond $74,000, exceeding Bitcoin's earlier record of approximately $73,750 and setting a new all-time high.

The Global Dollar Network, launched by leaders in fintech and digital assets including Anchorage Digital, Bullish, Kraken, Nuvei, Paxos, and Robinhood, aims to accelerate global stablecoin adoption.

Sonic, a layer-2 blockchain on Solana, has surpassed $50 million in staked delegation on the Solayer platform, marking it as the largest delegated Actively Validated Service (AVS) on Solayer.

Franklin Templeton has expanded its OnChain U.S. Government Money Market Fund (FOBXX) to Coinbase’s Base, an Ethereum Layer-2 network, allowing users to trade the fund on Base.

SIP-411 proposes acquiring Kwenta, Synthetix's leading front end, to relaunch the Synthetix Exchange, contingent on approvals from both the Spartan and Kwenta Councils.