Happy Monday everyone!
This is ‘The Decentralized World’ and we’re back with the 42th week of Web 3.0 and Crypto Newsletter. Last week, the bulls lost the battle to the bears after released economic data (core PCE index and jobless claims in particular) implied that another interest rate hike is possible. The negative sentiment was further fueled by SEC announcing delays for deciding about spot bitcoin ETFs. In addition to the fore-mentioned updates, there were some other notable news on web3 and crypto space, which we’re going to take a look at.
Enjoy!
Partnerships 🤝
1. Circle and Mercado Pago Collaborate to Introduce USDC Stablecoin in Chile 👉🏻 Source
2. Robinhood and Jump Trading End Crypto Partnership 👉🏻 Source
Projects 🔍
1. Friend.tech Goes Downward, Inflows and Activity Plummet 👉🏻 Source
2. OKX, Bybit Remove Sanctioned Russian Banks from Payments List Following Binance’s Lead 👉🏻 Source
3. Binance Imposes Stricter Fiat Restrictions for Russian Users 👉🏻 Source
4. DCG Reaches In-Principle Deal with Genesis Creditors to Settle Claims 👉🏻 Source
5. Binance Weighs Pulling out of Russia amid Legal Risks 👉🏻 Source
6. Balancer Pools Exploited After Last Week’s Vulnerability Reveal 👉🏻 Source
7. Polygon Labs Releases Tool to Create and Connect Ethereum-Powered Layer 2 Blockchains 👉🏻 Source
8. OpenZeppelin Launches Defender 2.0 Leveraging Machine Learning for Enhanced Blockchain Security and Smart Contract Protection 👉🏻 Source
9. Binance Offers Instant Crypto-to-Bank Account Payments in Latin America 👉🏻 Source
10. Tether Partners with Britannia Bank & Trust for Dollar Transfers 👉🏻 Source
11. EOS Token Gets Approved for Trading in Japan 👉🏻 Source
12. Binance to Discontinue Support for BUSD Products 👉🏻 Source
13. Swift Reports Success in Interoperability Experiment with Chainlink’s CCIP 👉🏻 Source
14. Offchain Labs’ Arbitrum Stylus to Help Ethereum Layer 2 Dapps with Expanded Language Support 👉🏻 Source
15. Ethereum Staking Services Pledge to Limit Network Share to 22% 👉🏻 Source
16. MakerDAO Co-Founder Proposes Forking Solana Codebase to Build Native Chain 👉🏻 Source
17. Ripple Claims SEC Lacks Grounds for Appeal as Requirements Remain Unmet 👉🏻 Source
Binance Weighs Pulling out of Russia amid Legal Risks (Photo by mk. s on Unsplash)
Investments 💰
MoonPay Launches Investment Arm MoonPay Ventures to Support Crypto Startups 👉🏻 Source
Regulatory and Policy 👮🏻⚖️
1. South Korean Crypto Exchanges Face New Reserve Requirements Starting September 👉🏻 Source
2. SEC Charges Podcaster for Unregistered Security Sales in NFT Offering 👉🏻 Source
3. Republican Lawmakers Accuse Federal Reserve of Undermining Stablecoin Bill Progress 👉🏻 Source
4. SEC Commissioners Question NFT Regulation in Response to Enforcement Action 👉🏻 Source
5. Grayscale Wins Lawsuit against SEC, Paves Way for Bitcoin ETF Approval 👉🏻 Source
6. Judge Dismisses Class Action Suit against Uniswap, Calling Ethereum a Commodity 👉🏻 Source
7. SEC Delays Decision on 7 Spot Bitcoin ETF Applications, Including Blackrock’s 👉🏻 Source
8. China Court Declares Virtual Assets as Legal Properties, Granting Legal Protection 👉🏻 Source
SEC Delays Decision on 7 Spot Bitcoin ETF Applications, Including Blackrock’s (Image by Drazen Zigica on Freepik)
Fun & crazy 😁😳
Blockchain Gaming YouTuber Loses $60K in Crypto after Revealing Seed Phrases on Stream 👉🏻 Source
Miscellaneous 🎲
1. Reliance Industries, Led by Mukesh Ambani, Will Explore Blockchain Platforms and CBDCs 👉🏻 Source
2. Open AI Launches ChatGPT Enterprise for Business 👉🏻 Source
3. Elon Musk’s X Secures License to Enable Crypto Payments in US 👉🏻 Source
4. Securitize to Tokenize U.S. Treasury Bond Yield Fund 👉🏻 Source
5. Crypto-Friendly Candidate Francis Suarez Ends Presidential Bid 👉🏻 Source
6. Seba Bank Receives In-Principle Approval for Crypto License in Hong Kong 👉🏻 Source
7. Robinhood Wallet Adds Bitcoin, Dogecoin, and Ethereum Swaps 👉🏻 Source
8. Bloomberg Analysts Now Predict 75% Likelihood of Bitcoin ETF Approval in 2023 👉🏻 Source
9. SEC’s Gensler to Face Congress Twice This September amid Mounting Criticism over SEC’s Crypto Approach 👉🏻 Source
10. Gemini Says Genesis Bankruptcy Plan Too Vague, Calls for More Details 👉🏻 Source
11. Lufthansa Launches NFT Loyalty Program on Polygon 👉🏻 Source
12. Nexo Launches Crypto-Backed Mastercard for EEA Citizens 👉🏻 Source
13. Bitwise Withdraws Bitcoin and Ethereum ETF Application 👉🏻 Source
14. Former SEC Chair Believes Spot Bitcoin ETF Approval ‘Inevitable’ Despite Delays 👉🏻 Source
Keep us going strong — Tip us!
📆 Major upcoming macroeconomics events:
1️⃣ EU, ECB President Lagarde Speaks, Sep. 04
2️⃣ USA, ISM Services PMI, Sep. 06
3️⃣ USA, Unemployment Claims, Sep. 07
4️⃣ USA, FOMC Member Harker Speaks, Sep. 07
5️⃣ China, CPI y/y, Sep. 09
6️⃣ Global, G20 Meetings, Sep. 09
📆 Major upcoming fundamental events:
1️⃣ Boba Network (BOBA), Bobascan New Version, Sep. 01 ~ 05
2️⃣ CyberConnect (CYBER), OpBNB Integration, Sep. 04
3️⃣ The Sandbox (SAND), AMA, Sep. 04
4️⃣ LooksRare (LOOKS), Token Unlock (12.5m), Sep. 05
5️⃣ Alchemix (ALCX), Crosschain Airdrop, Sep. 05
6️⃣ Lybra (LBR), V1 Mining Pause, Sep. 05 ~ 07
7️⃣ Coinbase Delisting (BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager VGX (VGX)), Sep. 06
8️⃣ Hashflow (HFT), Token Unlock (3.23m), Sep. 07
9️⃣ Lybra (LBR), V2 Mining Phase 1, Sep. 07
🔟 Moonbeam (GLMR), Token Unlock (3.04m), Sep. 08
1️⃣1️⃣ ImmutableX (IMX), Token Unlock (18.08m), Sep. 09
1️⃣2️⃣ Conflux (CFX), V2.3.0 Hardfork Upgrade, September
1️⃣3️⃣ Toncoin (TON), TON Space Release, September
1️⃣4️⃣ Polkadot (DOT), Native USDC on Polkadot, September
1️⃣5️⃣ dYdX (DYDX), App-chain, September
1️⃣6️⃣ Horizen (ZEN), ZEN 4.1 Mainnet, September
1️⃣7️⃣ Horizen (ZEN), Updated Wallets, September
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Wish you a great week ahead 🚀
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