Ethereum Is No Longer a One-Chain Ecosystem
Some highlights from The Year in Ethereum 2021 report by Evan Van Ness and Josh Stark.

Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business
The “Argo Labs” unit will be funded internally and focus on blockchain-related, non-mining projects.

DeFi’s Wonderland Is Buying TIME
The Olympus fork saw its TIME token drop below its treasury-backed value on Monday, spurring liquidations and protocol intervention.

Opyn’s New ‘Squeeth’ Raises Ether Trading to the Power of Two
In yet another example of the crypto industry's tendency to combine innovation with leverage, the new "Squeeth" index (for squared-ether) turns the options trade into a perpetual contract and can be used as a hedge.

NFT Marketplace OpenSea Acquires DeFi Wallet Firm Dharma Labs
Dharma co-founder Nadav Hollander will serve as OpenSea's chief technology officer.

Brazilian Asset Manager Hashdex to Launch DeFi ETF Including UNI, AAVE and COMP
The product will be listed on the Brazilian stock exchange B3 as of February.

Chinese Police Arrest 8 People Related to $7.8M Rug Pull
Police in Anhui province froze RMB 6 million in assets related to a rug pull with hundreds of victims.

Multichain Says $1.4M in Ether Siphoned From Users Who Failed to Update Approvals
The cross-chain bridge urged users to remove approvals for six tokens after it was alerted to a security flaw.

BIS Chief: Central Banks Are Best Sources of Trust in Money in a Digital Age
“The soul of money belongs neither to a Big Tech nor to an anonymous ledger," said Agustín Carstens.

Crypto Influencer Cooper Turley Removed From FWB Over 2013 Bigoted Tweets
Turley, once an adviser to the influential crypto social club Friends With Benefits, is taking a step back.
