5 must-read articles for the evening | How the Cancun upgrade will revolutionize Ethereum

1.Outlier Ventures publishes a one-minute snapshot of DePIN investment themes

DePIN has achieved early success in digital infrastructure including storage and connectivity . We believe that through decentralized coordination of physical infrastructure and resources, more business models will be disrupted. The next wave of DePIN will revolve around data and services increasingly built on purpose-built blockchains and custom SDKs. This research aims to provide founders and investors with a comprehensive understanding of DePIN, an area we anticipate will have a significant impact on multiple industries. Click to read

2 .One picture shows who holds the most Bitcoin among the world’s listed companies?

While Tesla is the most familiar name among the world's largest corporate buyers, several companies have accumulated larger amounts of Bitcoin, causing their stock prices to soar last year. Meanwhile, with the exception of Japanese video game publisher Nexon, the vast majority are in North America. The world's largest Bitcoin business owner, MicroStrategy holds 174,530 Bitcoins worth an estimated $9.1 billion as of February 22, 2024. Click to read

3 .Bankless: What is the effect of the Cancun upgrade? How it revolutionized Ethereum

While this hard fork brought nine changes to the network, the most notable of them was EIP-4844 (aka Proto-Danksharding) , which promises to reduce Ethereum Layer 2 gas fees by introducing “blobs”, which provide a more efficient way to publish L2 transaction data. Click to read

4 .Coinbase Report: Cryptocurrency Trading Activity from a U.S. Perspective

After the approval of the U.S. Spot Bitcoin ETF, the huge impact on price volatility and trading volume during the New York trading session became even more apparent. . While stablecoin usage appears to be more evenly distributed between European and U.S. daytime hours, on-chain transaction volume and fees are also skewed toward U.S. time. We believe this distorted activity highlights the significant demand for cryptocurrencies in the United States and the potential for further industry growth and capital inflows. Click to read

5 .Opinion: Why shouldn’t the SEC classify Ethereum as a security?

Recent reports from CoinDesk and Fortune indicate that the U.S. Securities and Exchange Commission is preparing to classify Ethereum (ETH), the native token of the second-largest blockchain Ethereum, as a security. The move will undoubtedly have serious ramifications for the entire crypto industry, including disrupting plans for a spot ETH ETF. Click to read