Welcome back to yet another episode of “Web 3.0 and Crypto Newsletter”
In this episode, I will share some news about Worldcoin, entities suing each other and latest investments in the decentralized world.

Partnerships 🤝

1. Connext, Alchemix Partner to Reduce Bridge Exploit Losses by Introducing a Cross-chain Token Standard 👉🏻 Source
2. Wall Street Giants Backed EDX Markets Partners with Talos to Enhance Trading for Institutional Clients 👉🏻 Source
3. Axie Infinity Creator Sky Mavis Partners with CyberKongz to Develop New Game 👉🏻 Source
4. Deloitte and Chainalysis Partner to Help Organizations Comply with Crypto Regulations 👉🏻 Source
5. Italy’s Central Bank Partners with Polygon and Fireblocks to Help Institutions Explore DeFi and Tokenized Assets 👉🏻 Source
6. Hong Kong and Saudi Arabia Set to Collaborate on Tokenization and Payments 👉🏻 Source
7. Ripple Partners with Catalyze Research to Explore Potential of CBDCs 👉🏻 Source
8. British Museum Enters the Metaverse with The Sandbox 👉🏻 Source

Projects 🔍

1. Worldcoin Launches Token, Aims to Build Global Identity System 👉🏻 Source
2. Arkham Intel Offers $5,000 Bounty for Information on Do Kwon’s Terra Wallets 👉🏻 Source
3. Binance CEO Changpeng Zhao to File Motion to Dismiss CFTC Complaint 👉🏻 Source
4. Robinhood Takes Steps to Expand in UK with Appointment of Local CEO 👉🏻 Source
5. zkSync-Based DeFi Protocol Era Lend Hacked for $3.4M 👉🏻 Source
6. Avalanche Foundation Announces $50M Fund to Promote Tokenization 👉🏻 Source
7. Ant Group Plans to Restructure, Pawing Way Hong Kong IPO 👉🏻 Source
8. EOS Foundation Sues Block.one for Alleged Failure to Honor $1 Billion Commitment 👉🏻 Source
9. DAI Stablecoin Yield Jumps to 8% as MakerDAO Takes Steps to Attract Users 👉🏻 Source
10. New Optimism Wallet Lets Users Receive Crypto via Twitter Login 👉🏻 Source
11. FTX and Genesis Capital Agree to Settle Dispute over $150M Loan 👉🏻 Source
12. Crypto.com Receives Green Light from Dutch Central Bank to Offer Services 👉🏻 Source
13. Crypto Mining Retailer Phoenix to Go Public in UAE 👉🏻 Source
14. Worldcoin Releases Audit Reports, Allays Security Concerns 👉🏻 Source
15. Wintermute Expands to Singapore with New Hires and Office 👉🏻 Source 

Worldcoin Launches Token, Aims to Build Global Identity System (Image credits: Worldcoin.org) 

Investments 💰

1. Flashbots Reaches $1B Valuation after Raising $60M in Funding 👉🏻 Source
2. Animoca Brands Backs Crypto Payments App Hi with $30M Investment 👉🏻 Source
3. Sequoia Capital Downsizes Crypto Fund amid Market Turmoil 👉🏻 Source

Flashbots Reaches $1B Valuation after Raising $60M in Funding (Photo by Craig Sybert on Unsplash)

Regulatory and Policy 👮🏻⚖️

1. Putin Signs Law on Digital Ruble, Russia Takes Step toward CBDC 👉🏻 Source
2. SEC vs. Coinbase Case: First Hearing Set for August 👉🏻 Source
3. EU Stablecoin Issuers with Bank Assets in Reserve to Face Extra Regulation 👉🏻 Source
4. Binance Aims to Drive Web3 Adoption in Japan 👉🏻 Source
5. Wyoming Seeks Head of Stable Token Commission in First Step to State Stablecoin 👉🏻 Source
6. Prosecutors Get More Time to Gather Evidence against Alex Mashinsky 👉🏻 Source
7. Singapore High Court Recognizes Crypto as Property 👉🏻 Source
8. South Korea Enhances Crypto Regulation with LEI Adoption and Crime Unit 👉🏻 Source
9. SEC Charges Quantstamp with $28M ICO Violations 👉🏻 Source
10. Canadian Banks to Face New Capital Requirements for Crypto Holdings 👉🏻 Source
11. Palau Launches Stablecoin Pilot on XRP Ledger with Trustline 👉🏻 Source
12. House Committees Approve Crypto Regulatory Framework Bill 👉🏻 Source (1, 2)
13. Spain’s First Crypto Fund Launched by Private Banking Firm with $14B Assets 👉🏻 Source
14. Binance vs. CFTC: Court Sets Next Deadlines 👉🏻 Source
15. SEC Chair Gensler Cautions against Bitcoin ETFs Due to Fraud and Manipulation Risks 👉🏻 Source
16. US Senate Approves $886B Defense Bill with Crypto AML Requirement 👉🏻 Source
17. SEC Adopts Cyberattack Disclosure Rules for Crypto Firms 👉🏻 Source
18. France’s Data Protection Authority Questions Worldcoin’s Eye-Scanning Plan 👉🏻 Source
19. Japan Blockchain Association Calls for Crypto Tax Reform to Boost Innovation 👉🏻 Source
20. US Banking Lobby Group Backs Senator Warren’s Crypto Consumer Protection Bill 👉🏻 Source

Macroeconomics 🌐

Fed Raises Rates by 25bps in Bid to Cool Inflation 👉🏻 Source

Miscellaneous 🎲

1. Twitter Rebrands to X as Elon Musk Calls It His “Everything App” 👉🏻 Source
2. OpenAI’s AI Detector Shuts Down Due to Low Accuracy 👉🏻 Source
3. Ducati Launches Digital Collectible of Its First Electric Bike on XRP Ledger 👉🏻 Source
4. Alibaba Supports Meta’s AI Model Llama 👉🏻 Source
5. Meta’s Zuckerberg Stays Optimistic Despite $3.7B Metaverse Loss in Q2 👉🏻 Source
6. Securitize Tokenizes Assets in Spain, Aims for September Trading Start 👉🏻 Source
7. Grayscale Calls on SEC to End ‘Pick-and-Choose’ Approach to Bitcoin ETFs 👉🏻 Source

That’s it for this week. Thanks for reading “Web 3.0 and Crypto Newsletter!”
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