Corporate Ether acquisitions continue to decline, leaving the world’s largest corporate ETH holder to scoop up billions in Ether, aiming to amass 5% of the total supply. The Ethereum treasury trade appears to be unwinding as monthly acquisitions continue to decline since the August high, though the largest players continue to scoop up billions of the Ether supply. Investments from Ethereum digital asset treasuries (DATs) fell 81% in the past three months, from 1.97 million Ether (ETH) in August to 370,000 ETH in November, according to Bitwise, an asset management firm. “ETH DAT bear continues,” wrote Max Shennon, senior research associate at Bitwise, in a Tuesday X post. Read more
Author Neal Stephenson mapped out how uncensorable, cryptographic digital currency could work more than a decade before Bitcoin was invented. Author Neal Stephenson famously invented the term “Metaverse” with the publication of Snow Crash in 1992 a year before the World Wide Web or Doom even launched. But for crypto fans, his fictional depictions of early versions of Bitcoin more than a decade before it was invented are even better reasons to celebrate his work. In his 1995 novel The Diamond Age he described an anonymous peer-to-peer communication system that could transfer money. A short story he published in TIME that same year called The Great Simoleon Caper explored a private, cryptographic digital currency using private keys called CryptoCredits. His most in-depth work detailing a plan to set up money outside of the control of the state was the 1999 doorstopper opus Cryptonomicon, whose title was partly inspired by the Cyphernomicon FAQ. Read more
Romania's Competition Council has given green light to the notified acquisition of Agritehnica Service S.R.L. by Mewi Import Export Agrar Industrietechnik S.R.L.