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Coinbase analyst David Han said the market may be “underestimating” the timing and odds of a potential spot Ethereum ETF approval.The mismatch leaves room for “surprises to the upside,” with no major sources of supply-side overhangs, he added.
Telegram CEO Pavel Durov appeared to endorse the viral web3 clicker game Notcoin following its token launch on the TON blockchain yesterday. Notcoin is an “amazing success story,” reaching “almost $700 million in market capitalization,” Durov wrote in his Telegram channel.
Synthetix’s decentralized stablecoin, sUSD, fell below its $1 peg — reaching as low as $0.92 due to increased selling on decentralized exchanges. The price later recovered slightly to $0.96. Chaos Labs identified that the de-pegging was triggered by a major liquidity provider withdrawing from the sBTC/wBTC liquidity pool on the Curve.
Bitcoin is holding above the $66,000 mark, despite a downturn in Asian and European stocks, and U.S. stock futures.
- 06:29Solayer team members: Only personal funds were lost due to the LIBRA token, a conspiracy group is ruining SolanaChainCatcher news, Solayer team member Chaofan Shou spoke again: "I joined Solayer as part of Fuzzland's acquisition, not as a founder of Solayer, but just a core developer. The loss from LIBRA tokens was personal funds. Over the past few years, I have accumulated wealth through active investment in ETH and multiple projects. I also trade meme tokens; losing 1 million dollars is nothing to me. However, I am very upset about the impact on Solana due to the LIBRA token incident; these conspiracy groups are ruining Solana." Earlier news reported that the founder of Solayer stated that he would take action due to losses exceeding 2 million dollars from LIBRA.
- 06:26KIP Protocol: Never had any meeting with the President of Argentina in JanuaryPANews reported on February 16th that KIP Protocol responded to a statement from the Argentine President's Office, stating: Mauricio Novelli was never a member of the KIP Protocol team and has never joined. Novelli is the founder of TechForum Argentina, which KIP Protocol sponsored in October 2024. KIP Protocol has never had any meetings with Javier Milei in January 2025. Earlier news stated that the Argentine President's Office claimed that the president had asked for intervention from the Anti-Corruption Office and set up an investigation team.
- 05:57Vitalik advocates for increasing the Ethereum gas limit, as it helps resist censorship and enhances L2 interoperability and security during disastersOdaily Planet Daily reports that Vitalik Buterin advocates for increasing the gas limit of Ethereum, arguing that it helps resist censorship, enhances L2 interoperability and safety during disaster events. Previously, Ethereum co-founder Vitalik Buterin published a new article titled "Why We Still Need to Increase the L1 Gas Limit in an L2-Dominant Ethereum". The article states that an important recent discussion in the Ethereum roadmap is about how to increase the L1 gas limit. Recently, the L1 gas limit has increased from 30 million to 36 million, a capacity increase of 20%. Many people support further substantial increases in the near future. These increases are safe due to recent and upcoming technical improvements: improved efficiency of Ethereum clients, reduced need for storing old history due to EIP-4444 (see roadmap), and future stateless clients. However, before we go down this path, it's important to ask one question: In the long run, under a Rollup-centric roadmap background, is raising the L1 gas limit correct? We don't want to face centralization risks brought by high L1 usage without really determining if we will benefit from it.