In the evolving landscape of cryptocurrency, corporate adoption continues to accelerate alongside key protocol upgrades in decentralized finance, while long-term security challenges like quantum computing loom on the horizon. This daily update covers significant developments shaping the market.
Metaplanet Clears Issuance of Dividend-Paying Shares for Overseas Institutions
Metaplanet approved an overhaul of its capital structure on Monday, enabling Japan’s largest corporate Bitcoin holder to raise funds through dividend-paying preferred shares targeted at institutional investors. Investors approved five proposals that expand Metaplanet’s ability to issue preferred shares, introduce new dividend mechanics, and open participation to overseas institutional capital. These include reclassifying capital reserves for preferred share dividends and potential buybacks, doubling the authorized number of Class A and Class B preferred shares, and amending dividend structures to include floating and periodic payouts. Additionally, Metaplanet cleared the issuance of Class B preferred shares to international institutional investors. Dylan LeClair, the company’s Bitcoin strategy director, highlighted the measures. At press time, Metaplanet held about 30,823 Bitcoin (BTC), valued at $2.75 billion according to Bitcoin Treasuries, making it the biggest corporate Bitcoin holder in Asia and the fourth-largest globally. (Image source: Dylan LeClair)
Uniswap Fee Switch to Go Live as Community Vote Set to Pass
The Uniswap protocol fee switch, known as “UNIfication,” is poised to pass and activate later this week after reaching the required 40 million vote threshold, marking one of the most substantial upgrades in the decentralized exchange’s history. As of early Monday, nearly 62 million votes supported the governance proposal, with voting open since Saturday and closing on Thursday, December 25. Uniswap Labs CEO Hayden Adams noted that a successful vote would trigger a two-day timelock, activating fee switches for Uniswap v2 and v3 on the Unichain mainnet and burning more UNI tokens. The proposal involves burning 100 million UNI tokens from the Uniswap Foundation’s treasury and implementing a Protocol Fee Discount Auctions system to boost liquidity provider returns. These changes are expected to enhance the UNI token’s supply-demand dynamics, making it more attractive for long-term holding. (Vote distribution for the UNIfication proposal as of late Sunday. Source: Uniswap)
Jameson Lopp Says Bitcoin Migration to Post-Quantum Could ‘Easily’ Take 10 Years
The Bitcoin protocol’s transition to post-quantum security standards could “easily” take up to 10 years, according to Jameson Lopp, a Bitcoin Core developer and co-founder of crypto custody firm Casa. Lopp entered the debate sparked by venture capitalist Nic Carter, who raised concerns about Bitcoin’s lack of a quantum security plan. Carter urged the community to adopt post-quantum standards urgently, but Lopp responded:
“No, quantum computers won't break Bitcoin in the near future. We'll keep observing their evolution. Yet, making thoughtful changes to the protocol and an unprecedented migration of funds could easily take 5 to 10 years.”
(Source: Jameson Lopp) The discussion underscores a divide in the crypto community, with Bitcoin maximalists viewing quantum threats as decades away, while software developers and venture capitalists warn of supremacy potentially arriving in just five years. As these developments unfold—from corporate Bitcoin strategies to DeFi protocol enhancements and emerging security paradigms—what could they mean for the future of cryptocurrency adoption and technological resilience in an increasingly quantum-aware world?
