Ethereum’s Sepolia testnet has successfully undergone an upgrade simulating the upcoming Shanghai hard fork, which is expected to take place on its mainnet next month. The upgrade will enable withdrawals of staked Ether.
Cryptocurrency conglomerate Digital Currency Group (DCG) disclosed a loss of $1.1 billion in the previous year owing to the drop in crypto prices and the restructuring of its lending platform Genesis.
Cryptocurrency crime hit a record $20.6 billion last year. This surge was fueled in part by increased activity of North Korean hacking groups, which successfully hacked $1.6 billion in crypto last year.
Top stories in the Crypto Roundup today:
- Ethereum Testnet Successfully Simulates Shanghai Hard Fork
- Digital Currency Group Reports $1.1 Billion Loss in 2022
- Crypto Crime Hit $20.6 Billion All-Time High Last Year
- Chart of the Week: Average Transaction Size on Binance