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⌐◪-◪ → The German government just transferred 5,000 Bitcoin ($300M) to centralized exchanges and market makers.

They now have 13,360 Bitcoin ($785M) remaining, 26% of the Bitcoin they originally seized from Movie2k.

Fortunately, the market seems to be holding up well, with Bitcoin up 1.8% over the last 5 days.

Meanwhile, BlackRock’s ETF is silently accumulating more Bitcoin, with $300M of inflows over the last two days — the same amount Germany dumped today.

Looks like we might be out of the woods on this one.

⌐◪-◪ → A new project called TON Application Chain (TAC) is building an L2 network for the TON Blockchain ecosystem.

The project, backed by The Open Platform and led by Pavel Altukhov, uses Polygon's chain development kit (CDK).

TON is the 8th largest cryptocurrency by market cap at $18.3M, and Telegram has 1.562 billion total users.

The project was announced at the Ethereum Community Conference (EthCC) in Brussels, Belgium.

TAC will be EVM compatible, allowing developers to easily port applications, potentially boosting Telegram's ecosystem with gaming, decentralized identity solutions, and other DeFi applications.

What new applications do you hope to see from TAC’s L2 network? Let me know in Specs.Chat!

⌐◪-◪ → Crypto just surpassed 100M monthly active wallets, but the real question is, how many actual humans does this represent?

Tyler Did It thinks it could be as low as 10M, but I think it’s even lower.

I personally used at least 5 wallets this month, and have friends who used over 20. When you consider this plus the reality of airdrop farmers and sybils, we’re probably left with less than 5M real monthly active users (humans).

What’s your guess on the actual number of monthly active humans? Let me know in Specs.Chat!

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