Welcome back to yet another episode of “Web 3.0 and Crypto Newsletter”
In this episode, I will share some news about Binance and Coinbase cases, an impressive news from Blackrock, and whatever worth mentioning.
Market 📈📉
Fed’s Decision to Hold Interest Rates Sends Bitcoin Price Swinging 👉🏻 Source
Fed’s Decision to Hold Interest Rates Sends Bitcoin Price Swinging (Photo by Aleksandr Popov, Unsplash)
Partnerships 🤝
1️⃣ FEWOCiOUS and Adidas Team Up to Create Digital and Physical NFT Sneakers 👉🏻 Source
2️⃣ Ripple and Colombia’s Central Bank to Pilot Blockchain Technology for High-Value Payments 👉🏻 Source
3️⃣ Jack Dorsey’s BitKey Makes Bitcoin More Accessible with Coinbase and Cash App Integration 👉🏻 Source
Projects 🔍
1️⃣ a16z Opens London Office to Expand Web3 Investments in Europe 👉🏻 Source
2️⃣ Curve Founder Repays Part of AAVE Loan to Mitigate Liquidation Risk 👉🏻 Source
3️⃣ Tether Mints $1 Billion Ethereum-based USDT to Support Chain Swaps 👉🏻 Source
4️⃣ 21Shares Launches ETP for Lido DAO, Offering Traditional Investors Exposure to Liquid Staking 👉🏻 Source
5️⃣ Former SEC Enforcement Official Joins Binance US Legal Team amid Regulatory Battle 👉🏻 Source
6️⃣ Polygon 2.0 Network Upgrades with ZK Rollups to Improve Scalability and Security for Internet’s Value Layer 👉🏻 Source
7️⃣ eToro Halts Supporting ALGO, MANA, MATIC, and DASH for US Customers 👉🏻 Source
8️⃣ Finblox Partners with Openeden to Offer Tokenized Treasury Yield to Users 👉🏻 Source
9️⃣ Uniswap Labs Releases Draft Code for Uniswap v4, Invites Community Feedback on Entirely New Version of Protocol 👉🏻 Source
🔟 Bitmain’s S19 Mining Rigs Reign Supreme in Bitcoin Network Hashrate, According to Study 👉🏻 Source
1️⃣1️⃣ Prime Trust Subsidiary Banq in Turmoil, Files for Bankruptcy 👉🏻 Source
1️⃣2️⃣ Alchemy Unveils AI Tools to Make Web3 Development Easier 👉🏻 Source
1️⃣3️⃣ The Graph Boosts Scalability and Reduces Costs with Migration to Arbitrum Blockchain 👉🏻 Source
1️⃣4️⃣ EigenLayer Brings Restaking to Liquid Staking Tokens on Ethereum 👉🏻 Source
1️⃣5️⃣ Kraken, Bybit, and Bitget Gain Market Share Following FTX Crisis 👉🏻 Source
1️⃣6️⃣ Binance Launches Bitcoin Mining Cloud Services despite SEC Crackdown 👉🏻 Source
1️⃣7️⃣ Bybit Integrates ChatGPT to Offer AI-Powered Trading Tools to Users 👉🏻 Source
1️⃣8️⃣ Exchanges Respond to FTX Collapse with $2.5B User Protection Pledge 👉🏻 Source
1️⃣9️⃣ Celsius Plans Altcoin-to-Bitcoin Conversion in Bankruptcy Reorganization Efforts 👉🏻 Source
2️⃣0️⃣ Polkadot Decentralizes Governance, Removing ‘First Class Citizen’ Voting Groups 👉🏻 Source
2️⃣1️⃣ Aave’s Lens Protocol Introduces New Governance Model, Giving Community More Control 👉🏻 Source
2️⃣2️⃣ Xai, a Gaming-Focused Layer-3 Blockchain, Set to Launch on Arbitrum Later This Year 👉🏻 Source
2️⃣3️⃣ Uniswap Committee Approves Wormhole and Axelar Bridges for Cross-Chain Deployments 👉🏻 Source
2️⃣4️⃣ Coinbase Has Spent $45.5 Million to Buy Back Some of Its Debt and Redeemed $65 Million in Convertible Notes at a 29% Discount. 👉🏻 Source
2️⃣5️⃣ Frax Finance to Launch Ethereum Layer-2 Blockchain, Fraxchain 👉🏻 Source
Investments 💰
1️⃣ Gensyn Secures $43 Million Funding Led by a16z for Its Innovative Blockchain-Based AI Compute Protocol 👉🏻 Source
2️⃣ Salesforce Ventures Leads $6 Million Funding Round for NFT Data Platform Mnemonic 👉🏻 Source
Regulatory and Policy 👮🏻⚖️
1️⃣ Bank of China Embraces Blockchain Technology by Issuing $28M in Tokenized Securities on Ethereum Blockchain 👉🏻 Source
2️⃣ BitGo’s $100M Lawsuit against Galaxy Digital Dismissed by US Court 👉🏻 Source
3️⃣ US Lawmakers Introduce SEC Stabilization Bill to Restructure SEC and Remove Chairman Gary Gensler 👉🏻 Source
4️⃣ Thailand’s CBDC Pilot Project Kicks Off with 3 Payment Providers 👉🏻 Source
5️⃣ UK Government Rejects Crypto Tsar Proposal 👉🏻 Source
6️⃣ Recently Unsealed Documents Show That SEC Officials Were Worried about ETH, Not Just William Hinman’s Evaluation of Its Security Status 👉🏻 Source
7️⃣ Genesis Lender Proposes Revised Reorganization Plan as Talks with Creditors Progress 👉🏻 Source
8️⃣ FCA Gives Green Light to Bitstamp and Interactive Brokers for UK Crypto Market Entry 👉🏻 Source
9️⃣ SEC Faces Criticism from Blockchain Association and Republicans Over Proposed ‘Exchange’ Definition 👉🏻 Source
🔟 SEC Seeks More Time to Decide on Coinbase’s Request for Crypto Regulatory Clarity 👉🏻 Source
1️⃣1️⃣ Court Grants Withdrawals for Bittrex Customers 👉🏻 Source
1️⃣2️⃣ Binance Applies to Deregister in Cyprus Following Regulatory Scrutiny 👉🏻 Source
1️⃣3️⃣ Brazilian President Approves Law Granting Central Bank to Regulate Cryptocurrency Firms 👉🏻 Source
1️⃣4️⃣ SEC under Fire for Approving ‘Mysterious’ Crypto Firm 👉🏻 Source
1️⃣5️⃣ Abra CEO is Dealing with Enforcement Actions by Texas Securities Regulator 👉🏻 Source
1️⃣6️⃣ Goldman Sachs in Hot Water as Fed, SEC Investigate Its Role in SVB Collapse 👉🏻 Source
1️⃣7️⃣ Binance Faces Money Laundering Investigation in France, Exits Netherlands 👉🏻 Source (1, 2)
1️⃣8️⃣ Binance.US Reaches Deal with SEC to Protect Customer Funds, Avoid Asset Freeze 👉🏻 Source
Fun & crazy 😁😳
Crypto Bot Takes $200 Million Flash Loan to Secure 3% in Profits 👉🏻 Source
Miscellaneous 🎲
1️⃣ Apple to Remove Damus App for Misleading Crypto Claims 👉🏻 Source
2️⃣ Puma Enters the Metaverse with 3D Web3 Experience 👉🏻 Source
3️⃣ Former Meta and Google AI Researchers Launch Mistral AI with $113M Seed Round 👉🏻 Source
4️⃣ AMD Unveils New AI Chip to Challenge Nvidia 👉🏻 Source
5️⃣ EU Takes Lead in AI Regulation with Passage of Landmark Act 👉🏻 Source
6️⃣ Apple’s Crypto Crackdown Continues as Zeus Wallet Rejected 👉🏻 Source
7️⃣ Hong Kong’s Central Bank Urges Banks to Embrace Crypto, Citing Risks of Losing out to Rivals 👉🏻 Source
8️⃣ Cybercriminals Using Mining Pools to Launder Ransomware Funds, Chainalysis Warns 👉🏻 Source
9️⃣ The Goose NFT from Collapsed Crypto Hedge Fund 3AC Sells for $6.2 Million at Sotheby’s 👉🏻 Source
🔟 BlackRock’s Bitcoin ETF Filing Could Usher in New Era of Institutional Adoption 👉🏻 Source
BlackRock’s Bitcoin ETF Filing Could Usher in New Era of Institutional Adoption (Photo by Vita Marija Murenaite, Unsplash)
That’s it for this week. Thanks for reading “Web 3.0 and Crypto Newsletter!”
Keep safe!
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