Binance's Legal Woes Threaten Bitcoin's Rise.
Despite the Commodity Futures Trading Commission's lawsuit against Binance, Bitcoin rose above $28,000, up 3.9% over the past 24 hours and outperforming other assets such as ether, stocks, and gold. Meanwhile, a decentralized autonomous organization called GoerliDAO is rallying to keep the Ethereum Goerli test network alive, which has been a proving ground for major upgrades such as the Merge. The DAO is using goerli ether (gETH) to incentivize activity on the network and preserve it as a canary network for future innovation and incentivization in the world of decentralized finance.