In this week's episode we cover:

• Ark 21shares amended its spot ETH ETF filing to include a cash creation/redemption process (similar to spot BTC ETFs) and some language surrounding staking.
• A look at the underground site where basic AI is being used to bypass KYC and AML.
• Ethereum's Dencun upgrade reaches the final stages of testing, going live on the Holesky testnet, paving the way for it to hit the Ethereum mainnet in late Feb or early March.