Web 3.0 and Crypto Newsletter by Mehran Tabrizi

Web3 and Crypto Newsletter- Week #35 (July 10 ~ 16)


Greetings, crypto enthusiasts! It’s time for another edition of my weekly newsletter on Web3 and crypto. As always, I’ve scoured the internet to bring you the most relevant and interesting news and trends in the decentralized world. From blockchain adoption to new crypto regulations, I’ve got you covered. So let’s dive right in!

Partnerships 🤝

1️⃣ Axelar and Microsoft Azure Partner to Build Web3 Infrastructure 👉🏻 Source
2️⃣ Cboe Moves Closer to Listing Spot Bitcoin ETF after Reaching Surveillance Agreement with Coinbase 👉🏻 Source
3️⃣ Cool Cats Partners with Animoca Brands-Owned Devs to Launch 3 New Games 👉🏻 Source
4️⃣ Coinbase Wallet Launches End-to-End Encrypted Messaging with XMTP 👉🏻 Source
5️⃣ Figment and Nexus Mutual Partner to Offer Ethereum Slashing Protection 👉🏻 Source
6️⃣ Aptos and Pyth Shake Hands to Deliver Sub-Second Oracle Updates for DeFi 👉🏻 Source

Projects 🔍

1️⃣ Binance Launchpad to Support ARKM Token as Arkham Intelligence Launches Crypto Data Marketplace 👉🏻 Source
2️⃣ Former Uniswap and dydx Head Vijay Chetty Joins Rollup Provider Eclipse as Chief Business Officer 👉🏻 Source
3️⃣ Algofi to Shut Down by End of Year, Citing Regulatory Challenges 👉🏻 Source
4️⃣ Grayscale and Fir Tree Settle Lawsuit over Bitcoin Trust 👉🏻 Source
5️⃣ Multichain Executor Has Been Draining Millions of Dollars in AnySwap Tokens 👉🏻 Source
6️⃣ FTX Claims Portal Goes Live, Giving Creditors Chance to Recover Funds 👉🏻 Source
7️⃣ Arkham CEO Defends Info-Sharing Marketplace, Says It’s Not a “Snitchy-To-Earn” System 👉🏻 Source
8️⃣ Starknet Quantum Leap Upgrade Triples TPS, Boosting DeFi Potential 👉🏻 Source
9️⃣ Osmosis Launches Concentrated Liquidity, Giving LPs More Control Over Their APY 👉🏻 Source
🔟 Sui Foundation Launches Decentralized Order Book for DeFi 👉🏻 Source
1️⃣1️⃣ BNB Beacon Chain to Add “Panic” Feature that Can Halt Blockchain in Case of Emergency 👉🏻 Source
1️⃣2️⃣ Hive Digital Rebrands to Hive Digital Technologies, Signals AI and Cloud Computing Focus 👉🏻 Source
1️⃣3️⃣ FTX Seeks $323M from FTX Europe Leadership in Bankruptcy Case 👉🏻 Source
1️⃣4️⃣ Polygon Proposes to Upgrade MATIC to POL, a Multipurpose Token for All Chains 👉🏻 Source
1️⃣5️⃣ Coinbase Lawyers Argue Biden Student Loan Ruling Could Help Defeat SEC Lawsuit 👉🏻 Source
1️⃣6️⃣ Binance Names Eleanor Hughes as New General Counsel amid Regulatory Pressure 👉🏻 Source
1️⃣7️⃣ US Crypto Exchanges Relist XRP after Court Ruling
1️⃣8️⃣ MultiversX Launches On-Chain 2FA Standard to Improve Security 👉🏻 Source
1️⃣9️⃣ Multichain Halts Operations Due to Lack of Funds 👉🏻 Source
2️⃣0️⃣ TrueUSD Owner Techteryx to Take Full Control of Operation 👉🏻 Source
2️⃣1️⃣ Synthetix to Launch Perpetuals Trading Platform on Optimism, Rivals dydx 👉🏻 Source
2️⃣2️⃣ Coinbase Halts Staking Services in California, New Jersey, South Carolina, and Wisconsin 👉🏻 Source 

Polygon Proposes to Upgrade MATIC to POL, a Multipurpose Token for All Chains

Polygon Proposes to Upgrade MATIC to POL, a Multipurpose Token for All Chains

Polygon Proposes to Upgrade MATIC to POL, a Multipurpose Token for All Chains

Polygon Proposes to Upgrade MATIC to POL, a Multipurpose Token for All Chains

Investments 💰

1️⃣ Singapore’s Temasek Puts Crypto Investments on Hold amid Regulatory Uncertainty 👉🏻 Source
2️⃣ LunarCrush Raises $5M to Expand Social Analytics Capabilities 👉🏻 Source
3️⃣ Web3 Music Platform Sound Secures $20M Series A Funding Led by a16z Crypto, Snoop Dogg 👉🏻 Source
4️⃣ Hedge Funds’ Crypto Confidence Remains Strong despite Market Turbulence, PwC Survey Finds 👉🏻 Source
5️⃣ Binance Labs Invests $15M in Xterio, a Web3 Game Publisher Focused on AI and Multi-Chain Development 👉🏻 Source

Regulatory and Policy 👮🏻⚖️

1️⃣ Grayscale Says SEC’s Approval of Volatility Shares ETF Exposes Hypocrisy on Spot Bitcoin ETF 👉🏻 Source
2️⃣ US Lawmakers Allege CCP Ties to Prometheus as SEC, DOJ Investigate 👉🏻 Source
3️⃣ BOE Governor Trashes Crypto and Stablecoins, Prefers ‘Enhanced Digital Money’ 👉🏻 Source
4️⃣ Dubai Regulator Suspends BitOasis Exchange License for Non-Compliance 👉🏻 Source
5️⃣ BIS Tells G20 Crypto Can’t Be Used as Money Due to Inherent Flaws 👉🏻 Source
6️⃣ Former FTX Executive under Investigation for Possible Campaign Finance Violations 👉🏻 Source
7️⃣ UK Treasury Excludes Derivatives and Unbacked Tokens from Regulatory Sandbox 👉🏻 Source
8️⃣ US Lawmakers Ask Digital Asset Community for Help in Developing Tax Policy 👉🏻 Source
9️⃣ South Korea to Require Companies to Disclose Crypto Holdings 👉🏻 Source
🔟 EU Banking Agency Urges Stablecoin Issuers to Prepare for MiCA Rules 👉🏻 Source
1️⃣1️⃣ CFTC Fines Digitex $16 Million for Illegal Trading Practices 👉🏻 Source
1️⃣2️⃣ ESMA Issues Guidance on MiCA Standards for Crypto Asset Providers 👉🏻 Source
1️⃣3️⃣ Lummis-Gillibrand Bill Reintroduced with Updates on Stablecoins, Taxation 👉🏻 Source
1️⃣4️⃣ Crypto Industry Watchdogs Oppose New Bill on Market Structure 👉🏻 Source
1️⃣5️⃣ IRS Probes Crypto Tax Breaks in Puerto Rico 👉🏻 Source
1️⃣6️⃣ Celsius Network Fined $4.7 Billion by FTC for Deceptive Practices 👉🏻 Source
1️⃣7️⃣ Ripple Wins Partial Victory in SEC Lawsuit as Judge Rules XRP is Not a Security 👉🏻 Source
1️⃣8️⃣ Europe’s First Spot Bitcoin ETF to Launch This Month, Following 12-Month Delay 👉🏻 Source
1️⃣9️⃣ Celsius Founder Alex Mashinsky Released on Bail, Pleads Not Guilty to Fraud Charges 👉🏻 Source
2️⃣0️⃣ Rep. Torres Calls for Investigation into SEC’s “Haphazard and Heavy-Handed” Approach to Crypto 👉🏻 Source
2️⃣1️⃣ Indonesia to Launch National Crypto Exchange in July 👉🏻 Source
2️⃣2️⃣ Spot Bitcoin ETF Approval Still Up in the Air, but SEC’s Acceptance of BlackRock’s Application Is a Positive Sign 👉🏻 Source   

Ripple Wins Partial Victory in SEC Lawsuit as Judge Rules XRP is Not a Security

Miscellaneous 🎲

1️⃣ Vitalik Buterin: Bitcoin Needs to Experiment with Layer-2 Solutions to Become More Than Just a Payment Network 👉🏻 Source
2️⃣ Cboe Reaches Surveillance-Sharing Agreements with Coinbase, Refiles 5 Bitcoin ETFs 👉🏻 Source (12345)
3️⃣ Crypto Crime Revenues Plummet 65% in 2023, Chainalysis Report Finds 👉🏻 Source
4️⃣ WisdomTree Launches Blockchain-Powered App for Digital Assets 👉🏻 Source
5️⃣ Google Play Opens Door to NFTs in Apps and Games 👉🏻 Source
6️⃣ Blockchain Association Calls for Probe into Prometheum’s SEC Deal 👉🏻 Source
7️⃣ Elon Musk’s New AI Company Aims to “Understand the Cosmos” 👉🏻 Source
8️⃣ Meta to Release Commercial AI Tools to Challenge Google and OpenAI 👉🏻 Source
9️⃣ Telegram Wallet Bot Now Offers Payment Options to Bitcoin, USDT, and TON 👉🏻 Source
🔟 Google’s Bard Chatbot Overcomes EU Hurdles, Expands to EU and Brazil 👉🏻 Source

And that’s a wrap for this edition of my weekly newsletter on Web3 and crypto. I hope you enjoyed reading it as much as I enjoyed putting it together. Don’t forget to subscribe to stay up-to-date with the latest news and trends in the web3 and crypto space. Until next time, keep hodling!
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Ripple Wins Partial Victory in SEC Lawsuit as Judge Rules XRP is Not a Security

 

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The Decentralized World

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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.

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