Following the recent dismissal of the case involving the crypto firm Digital Licensing by the United States Securities and Exchange Commission (SEC), a group of US Senators have penned a letter to Gary Gensler, the Chairman of the agency, expressing concerns about the case.

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Bitcoin (BTC) continues its upward trend, surpassing $48,000 and reaching a new monthly high. AVAX, meanwhile, emerged as the top performer last week among the larger-cap altcoins. Other altcoins are also showing positive movements, with Ethereum (ETH) surpassing $2,500 and Solana (SOL) reaching $110.

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The eagerly awaited Dencun upgrade for Ethereum is scheduled to launch on March 13th, 2024. Following the successful implementation of the Dencun upgrade on the Holesky testnet on February 7th, the Ethereum core developers team finalized the date for the mainnet rollout during the bi-weekly Consensus Layer Meeting call.

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United Nations (UN) sanctions monitors have recently accused North Korea of engaging in a significant theft of cryptocurrency assets, amassing $3 billion through cyberattacks. An independent panel of sanctions monitors disclosed that North Korea persistently flouted regulations despite international sanctions, by advancing its nuclear arsenal and generating nuclear fissile materials.

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Walt Disney Co. is investing $1.5 billion in Epic Games for a stake in its equity, aiming to create what it terms a persistent universe. This move follows the decision by Disney to close its metaverse division less than a year ago.

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Ethereum Name Service (ENS) and domain registrar GoDaddy have joined forces, enabling users to connect their domain names to ENS without incurring extra expenses or requiring technical expertise. This partnership aims to unite the traditional DNS protocol, utilized by conventional websites, with blockchain-based names.

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On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 30th January-5th February 2024. We are thrilled to see such tremendous support from all involved. Well done! 

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