# HotColumn

5 Things to Watch Out for Before, During, and After Bitcoin’s Upcoming HalvingThe Bitcoin halving is arguably the most important event in the cryptocurrency industry, taking place every roughly four years (210,000 blocks). It aims to reduce the speed at which new BTC is being produced, which essentially reduces the pre-programmed inflation rates and ensures that Bitcoin mining will continue for many more years, even though more than 90% of the total supply has already been mined.
The next such event is scheduled to take place in early April 2024. Given the asset’s history of going on wild ride

Here’s Why Avalanche (AVAX) Is Up 80% Weekly
Avalanche has been on a tear lately. The native token of the Layer 1 network – AVAX – stood out as one of the major crypto assets resilient to the recent drawdown in the market. It has recorded a remarkable weekly gain of over 82%, in stark contrast to the declining performance of its peers.
AVAX surged to $40.26, surpassing Dogecoin and securing its position as the ninth-largest crypto by market capitalization. In the last 24 hours alone, the token has seen a more than 10% increase.
Avalanche’s on-chain metrics appear to be firmly supporting the u

Solana (SOL) With an Impressive Achievement Against Ethereum
Solana’s Price Increase: SOL’s price surged to nearly $75 recently, a peak last seen in May 2022, and currently stands at about $71.
NFT Sales Volume Growth: Solana briefly outperformed Ethereum in NFT sales volume growth, with a significant 53% weekly increase.
Bonk Inu’s Exceptional Performance: The Solana-based memecoin, Bonk Inu, saw a 400% rise in its price, outstripping other popular memecoins.SOL Performing Better Than ETH in This Aspect
The sixth largest cryptocurrency by market capitalization – Solana (SOL) – has been on a t

Tether Freezes 161 Ethereum Wallets and Over 3.5 Million USDT Tokens
Tether, the organization behind the widely-used stablecoin USDT, has taken a proactive stance in compliance with United States sanctions.
The company recently announced the freezing of 161 Ethereum wallets, a move that aligns with the U.S. Office of Foreign Asset Controls (OFAC) list of sanctioned individuals.
Tether Takes Proactive Stance in Compliance with US Sanctions
Tether, in its announcement, described its decision as a self-initiated action aimed at preemptively averting possible misuse of its tokens and boosting secu

Transactions Delay Update
Yesterday marked a pivotal moment for our decentralized community; coming together with unprecedented collaboration. We made the necessary steps back toward the high standard of operations the TON Community expects.
The focus was stopping the transaction queue from growing, which has been achieved and meant:
Working with the Tonano team to pause mints and stop transaction growth.
Working with Fragment team to pause auctions and protect user’s digital assets.
Contacting +70% of all independent validators to begin upgrading using the patch provided. Any remaining vali

This Asset Manager Just Joined the Bitcoin Spot ETF Race, But There’s a Catch7RCC Global, an asset management firm focused on environmental, social, and governance (ESG) investing, has joined the race for a Bitcoin spot exchange-traded fund (ETF) in the United States.
According to a Form S-1 filing with the U.S. Securities and Exchange Commission (SEC), the 7RCC Spot Bitcoin and Carbon Credit Futures ETF will provide ESG investors access to the digital asset and blockchain technology.
A New Bitcoin Spot ETF Applicant
7RCC’s ETF is one of a kind in that it will hold a combination of 80% BTC, an

#HotColumn Wintermute to Sue Near Foundation Over Failure to Honor $11M Stablecoin Redemption Deal With FTX
Evgeny Gaevoy, the founder and CEO of the crypto market-making firm Wintermute, has revealed plans to sue the Near Foundation, the non-profit organization behind the Near protocol, over its failure to honor a stablecoin deal entered in August.
According to a tweet, Gaevoy intends to pursue all legal avenues against the Near Foundation and Aurora Labs – the development company behind Aurora, an Ethereum Virtual Machine blockchain that runs on the Near protocol.
The Back Story
Following th