Bankless ROLLUP: Top 10 Biggest Crypto Events of 2023
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Dec 29, 2023 2023 has been a remarkable year for crypto, with significant recovery and legal wins boosting optimism. The Silicon Valley Bank collapse and regulatory shifts have reshaped the landscape, while innovations like Bitcoin ordinals dazzled communities. Pudgy Penguins made waves by entering Walmart, showcasing the fusion of NFTs with real-world products. Amidst this, Solana experienced impressive growth, and the SEC faced setbacks in court. With a bullish outlook for 2024, the stage is set for exciting developments in crypto.
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Coinbase Base Significance
- Coinbase launching Base signaled legitimacy and a commitment to building during a bear market.
- This move showed their intent to bridge into the crypto economy, not create a siloed ecosystem.
SVB Collapse Impact
- The collapse of Silicon Valley Bank (SVB) and Signature Bank significantly impacted the crypto industry.
- Many crypto startups lost banking partners, and USDC temporarily de-pegged.
Balaji's Bitcoin Bet
- Balaji Srinivasan's million-dollar Bitcoin bet reflected the market sentiment during the banking crisis.
- He bet Bitcoin would reach $1 million in 90 days, highlighting the extreme uncertainty.