Immutable launches ‘Passport’ wallet 🪪, Ethereum core team disbands ❄️, Base blockchain gets its own song 🎶

📌 Daily Crypto, Blockchain & Web3 Update 2023-12-20

CRYPTOCURRENCY

Spot Bitcoin ETF could bring $30 trillion into the market: Grayscale CEO (3 min read)

Jan3 CEO Samson Mow predicted that the Bitcoin price could go to $1 million, while BTC investor Anthony Pompliano said that the price won’t double overnight.

Immutable launches ‘Passport’ wallet infrastructure with Google or Apple login (2 min read)

The Web3 game publisher launched a new login method for five games and apps that does not require users to store seed words.

Ethereum proof-of-work core development team disbands (2 min read)

According to a Dec. 19 announcement, the core EthereumPoW development team will be dissolved to “achieve full autonomy.” Thereafter, the EthereumPoW blockchain will continue to run with PoW as the main consensus for the chain and decentralized governance “to become a deity-less public chain.”

Base blockchain gets its own song and mints first single as NFT (3 min read)

Coinbase-powered blockchain ecosystem Base has partnered with blockchain music platform Sound.xyz to allow artists to mint music on-chain, using its own song as the inaugural track.

QUICK LINKS

Shiba Inu announces plans to launch ‘.shib’ domain for SHIB holders (3 min read)

While “.crypto” and “.eth” don’t work natively on the internet’s domain name system, Shiba Inu plans to launch a “.shib” domain that will.

CertiK urges OKX users to update iOS following ‘critical’ vulnerability (3 min read)

Following the discovery of the vulnerability, OKX confirmed that no customer assets had been impacted.

Inscriptions push 9 EVM chains to reach yearly transaction highs (2 min read)

The inscriptions craze may not be all bad for blockchain networks, especially those that can scale to handle the spikes in throughput.

Ripple gets approval to operate as digital asset service operator in Ireland (1 min read)

Other companies in the CBI VASP register include Coinbase and Gemini exchanges, the payment processor MoonPay, Zodia Custody and others.