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The Protocol: Bitcoin's Call for Volunteers, Ethena's USDe, Blast's Blast-Off

Summary

Bitcoin's price has surpassed $60,000 for the first time since November 2021. The development on the original blockchain is drawing attention, with a surge in Bitcoin's rally and increased development activity. Ethena's new USDe token, offering a 24% annualized yield, has raised concerns about potential risks and market distortion. The CoinDesk 20 Index of large digital assets saw gains in February, with Bitcoin rising 45% and Uniswap's UNI token soaring 79%.