Greetings everyone,
Welcome to a whole new week of “Web 3.0 and Crypto Newsletter!”
Here are the top stories about Web 3.0, NFTs, DeFi, and other sectors in the past 7 days!
Merges and Acquisitions 📎
1️⃣ BitGo Pulls Plug on Prime Trust Deal 👉🏻 Source
2️⃣ #Robinhood Enters Credit Card Market with $95M Acquisition of X1 👉🏻 Source
Partnerships 🤝
#BNB Chain Launches EVM-Compatible Layer 2 Network opBNB on Testnet 👉🏻 Source
Projects 🔍
1️⃣ Crypto.com Accused of Running Internal Proprietary Trading Desks 👉🏻 Source
2️⃣ #Ethscriptions Are like Bitcoin Inscriptions, but for Ethereum 👉🏻 Source
3️⃣ Developers Propose Raising Ethereum Validator Limit from 32 to 2048 ETH 👉🏻 Source
4️⃣ #CertiK Awarded $500K Bounty for Discovery of Major Security Threat on #Sui Blockchain 👉🏻 Source
5️⃣ #Aave Users Vote Against Gauntlet’s Proposal to Manage Risk Associated with Large CRV Loan 👉🏻 Source
6️⃣ #Etherscan Launches AI-Powered ‘Code Reader’ to Analyze Smart Contract Codes 👉🏻 Source
7️⃣ #Osmosis Token Inflation Cut by 50% in Bid to Improve Long-Term Sustainability 👉🏻 Source
8️⃣ Binance Starts Running Bitcoin #Lightning_Network Nodes 👉🏻 Source
9️⃣ #Cardano Node Upgrade Goes Live on Mainnet, Improving Performance and Security 👉🏻 Source
🔟 New Crypto Exchange EDX Markets Launches, Backed by Citadel Securities, Fidelity Investments and Charles Schwab 👉🏻 Source
1️⃣1️⃣ Gemini Exchange to Expand in Asia-Pacific Region, Hiring 100 Employees for Its Singapore Office 👉🏻 Source
1️⃣2️⃣ Polygon Proposes to Upgrade POS Chain to zkEVM Validium 👉🏻 Source
1️⃣3️⃣ Core Scientific Files for Bankruptcy, Citing Crypto Winter and Rising Costs 👉🏻 Source
1️⃣4️⃣ #Tether Launches USDT Stablecoin on Kava Blockchain 👉🏻 Source
1️⃣5️⃣ CleanSpark Expands #Mining Capacity with Acquisition of Two Facilities 👉🏻 Source
1️⃣6️⃣ Binance Launches Regulated Digital Asset Platform in Kazakhstan 👉🏻 Source
1️⃣7️⃣ Binance to Expand Zero-Fee Trading on #TrueUSD 👉🏻 Source
1️⃣8️⃣ Former Facebook Director Diego Oliva Takes the Helm of #Starknet Foundation 👉🏻 Source
1️⃣9️⃣ #Ledger Publishes White Paper for Hardware Wallet Seed Recovery Tool 👉🏻 Source
2️⃣0️⃣ Casa Adds Ethereum Support, Expanding Self-Custody Options for Crypto Investors 👉🏻 Source
2️⃣1️⃣ Struct Finance Introduces New Interest Rate Products, Offering #DeFi Users More Control Over Their Returns 👉🏻 Source
2️⃣2️⃣ #Polygon Introduces Capilot, an AI-Powered Interface to Help App Developers 👉🏻 Source
2️⃣3️⃣ Ramp Expands On-Ramp Service to Support 43 Fiat Currencies 👉🏻 Source
2️⃣4️⃣ Web3 Game #Gods_Unchained Launches on Epic Games Store, Joining Fortnite and League of Legends 👉🏻 Source
2️⃣5️⃣ Offchain Labs Releases Tool to Build Layer-3 Orbit Chains on #Arbitrum 👉🏻 Source
2️⃣6️⃣ #Gemini’s Ethereum Staking Service Now Available in the UK 👉🏻 Source
2️⃣7️⃣ #Algorand Releases New Protocol Upgrade, Cutting Block Confirmation Times to 3.3 Seconds 👉🏻 Source
2️⃣8️⃣ #Optimism Rebrands to OP Mainnet, Aims to Become a “Superchain” for Layer-2 Solutions 👉🏻 Source
Gemini’s Ethereum Staking Service Now Available in the UK (Joe Raedle, Getty Images)
Investments 💰
1️⃣ Binance Labs and CoinFund Lead $10M Funding Round for Neutron 👉🏻 Source
2️⃣ Mitsui Invests in #Animoca_Brands to Bring Web3 to the Japanese Market 👉🏻 Source
3️⃣ Former #3AC Founders Look to Rebound with New VC Fund 👉🏻 Source
Regulatory and Policy 👮🏻⚖️
1️⃣ Project Rosalind Tests Bring #UK CBDC Closer to Reality 👉🏻 Source
2️⃣ #Coinbase Slams SEC for ‘No Straight Answers’ in Court 👉🏻 Source
3️⃣ #Hong_Kong’s Cyberport Becomes Web3 Hub, Attracts 150 Firms in a Year 👉🏻 Source
4️⃣ Binance Cancels UK Registration as Regulatory Scrutiny Intensifies 👉🏻 Source
5️⃣ UK Parliament Clears Path for Crypto Stablecoin Regulation 👉🏻 Source
6️⃣ #IMF Proposes Single Ledger Cross-Border Payment Platform to Improve Efficiency and Speed 👉🏻 Source
7️⃣ #Japan’s Crypto Exchanges Want to Increase Leverage Limits to 10x 👉🏻 Source
8️⃣ Deutsche Bank Applies for Digital Asset License in #Germany 👉🏻 Source
9️⃣ #BIS Proposes Unified Ledger for Cross-Border Tokenized Asset Transactions 👉🏻 Source
🔟 Five #US Enforcement Agencies Join Forces to Form a New Digital Currency Anti-Crime Task Force 👉🏻 Source
1️⃣1️⃣ Amazon and Grab Partner with #Singapore to Test Digital Money 👉🏻 Source
1️⃣2️⃣ #Fed’s Powell: Stablecoins Are a Form of Money, Fed Needs ‘Robust’ Role in Oversight 👉🏻 Source
1️⃣3️⃣ #Binance, CZ Allege SEC Made Misleading Statements about Exchange Assets 👉🏻 Source
1️⃣4️⃣ Valkyrie Files for BTC Spot #ETF, Seeking to Join Growing List of Applicants 👉🏻 Source
1️⃣5️⃣ #Ripple Receives In-Principle Approval for Payment Institution License in Singapore 👉🏻 Source
1️⃣6️⃣ Crédit Agricole’s CACEIS Secures Crypto Custody License in #France 👉🏻 Source
1️⃣7️⃣ #Brazilian Government Calls on Binance Executive to Testify on Exchange’s Operations 👉🏻 Source
1️⃣8️⃣ #IMF: Banning Crypto May Not Be the Best Way to Mitigate Risk 👉🏻 Source
1️⃣9️⃣ Crypto.com Expands European Footprint with #Spain Approval 👉🏻 Source
2️⃣0️⃣ #SEC Greenlights First-ever Leveraged Bitcoin Futures ETF, Set to Launch on Tuesday 👉🏻 Source
2️⃣1️⃣ #Coinbase Wins First Crypto Ruling at US Supreme Court 👉🏻 Source
2️⃣2️⃣ #FDIC Documents Reveal Circle, Sequoia among SVB’s Top Depositors 👉🏻 Source
2️⃣3️⃣ Binance Ordered to Cease Virtual Currency Services in #Belgium 👉🏻 Source
2️⃣4️⃣ SEC Waives $30M Fine for #BlockFi, Demands $100M in Investor Restitution 👉🏻 Source
SEC Greenlights First-ever Leveraged Bitcoin Futures ETF, Set to Launch on Tuesday (Getty Images)
Fun & crazy 😁😳
German Intelligence Service Uses Dog-Themed #NFTs to Recruit Cyber Talent 👉🏻 Source
Miscellaneous 🎲
1️⃣ Crypto-Friendly Joseph Tsai to Become Chairman of #Alibaba 👉🏻 Source
2️⃣ European Investment Bank Taps Blockchain for Climate Bond 👉🏻 Source
3️⃣ Czech Giant Automaker Skoda Enters the #NFT Space with New Platform 👉🏻 Source
4️⃣ BlackRock, Wisdom Tree, and Invesco Race to Launch Bitcoin #ETFs 👉🏻 Sources (1, 2)
5️⃣ US Lawmakers Introduce National #AI Commission Act to Study Regulation of AI 👉🏻 Source
6️⃣ Atrium Releases Pilot Episode of Nouns Movie, First #NFT Feature Film 👉🏻 Source
7️⃣ #Mastercard Files Trademark for Crypto and Blockchain Tools 👉🏻 Source
8️⃣ #Google’s Anti-Money Laundering AI Goes Live After HSBC Trial 👉🏻 Source
9️⃣ #JPMorgan Launches Euro-Denominated Payments with JPM Coin 👉🏻 Source
Here’s the end of this episode of “Web 3.0 and Crypto Newsletter!”
I hope you’ve enjoyed it all, whether you’re an investor, entrepreneur, researcher, or just an enthusiast in the web3 ecosystem.
See you next week !
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