Bitcoin Drama: Data Limits Debated, ETF Speculation Peaks, Twitter Hack, NFTs Overtake Ethereum, Layer 2 Solutions Multiply
-
Bitcoin developer Luke Dashjr proposed strict limits on data that could be included in transactions, touching off months of debate until the proposal was rejected.
-
Speculation reached a fever pitch over whether U.S. regulators would finally approve a spot bitcoin ETF, while a battle over the soul of the blockchain raged on GitHub.
-
This week's SEC Twitter hack that posted a fake bitcoin ETF approval was due to someone gaining control of an associated phone number.
-
Bitcoin has now overtaken Ethereum in terms of monthly NFT sales volume, driven by "Ordinals inscriptions."
-
Multiple new layer 2 networks and products launched or received funding, including Metis, Parallel Network, AQUA wallet, C3.io exchange, and Libre tokenization platform.