This week in web3 #24

Every Friday afternoon, we share with you the most important news of the week in the world of web3.

This week in web3 #24

1️⃣ Ethereum's Shapella hard fork executed

The Shapella hard fork has officially been executed on the Ethereum mainnet — meaning that validators can finally withdraw their staked ETH from the Beacon Chain.

2️⃣ ETH above $2K

ETH continued its recent strength this week, climbing above $2000 a day after Ethereum successfully completed the long-anticipated Shapella upgrade. It's the first time it's been above $2,000 since August 2022.

3️⃣ FTX could reopen

FTX may reopen its digital doors following the crypto exchange's spectacular collapse last year, according to reports Wednesday, citing the company's lawyers.

4️⃣ a16z releases 2023 crypto report

Like in 2022, a16z crypto provided us with a summary of the state of crypto, which shows that despite all the negativism surrounding the sector, things are moving in the right direction.

5️⃣ Uniswap launches mobile wallet

Decentralized finance (DeFi) exchange Uniswap has launched a mobile wallet application to promote wider DeFi wallet adoption and support on-the-go trading.

6️⃣ Mastercard drops free NFTs

Credit card giant Mastercard has started a web3 artist accelerator, with free Polygon-based NFTs that provide benefits ahead.