Web 3.0 and Crypto Newsletter by Mehran Tabrizi

Web 3.0 and Crypto Newsletter- Week #32 (June 19 ~ 25)


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

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

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 (12)
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 !
— — — — — — — — — — — — — — — — — — — — — —
👍🏻 Like it if you found it useful !

📝 Leave your comment below

🎁 Help me continue delivering quality news — Donate Now!

✅ Subscribe and get exclusive content!

♻️ Share this newsletter with like-minded people !

How do you rate this article?

2


The Decentralized World
The Decentralized World

See where the teams, projects, and the whole Web 3.0 industry are headed, Get insights to invest better, Discover ideas to create your own business and find your place in the industry, Prevent falling behind the future.


Web 3.0 and Crypto Newsletter
Web 3.0 and Crypto Newsletter

See where the teams, projects, and the whole Web 3.0 industry are headed, Get insights to invest better, Discover ideas to create your own business and find your place in the industry, Prevent falling behind the future.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.