Welcome to Web3 and Crypto Newsletter, your go-to source for the latest news and insights on the rapidly evolving world of web3 and cryptocurrencies. Every week, we’ll bring you the most important stories and updates from the industry, plus upcoming economic and fundamental events to help you stay ahead of the curve.
Merges and Acquisitions 📎
1. Jack Dorsey’s ₿trust Expands in Africa, Acquires Qala to Drive Bitcoin Development and Education 👉🏻 Source
2. Ripple Expands Web3 Offerings with Acquisition of Fortress Trust 👉🏻 Source
Partnerships 🤝
1. Casio Partners with Polygon to Launch Limited-Edition G-Shock NFT Watches 👉🏻 Source
2. Hana Bank Partners with BitGo for Crypto Custody Services in South Korea 👉🏻 Source
3. Visa Expands Stablecoin Settlement Capabilities to Solana, Partners with Worldpay and Nuvei for Pilot Programs 👉🏻 Source
4. Mirae Asset Securities, a $500B Korean Asset Manager, Partners with Polygon Labs to Create a Tokenized Securities Network 👉🏻 Source
5. Coinbase, Circle and Aave Form an Advocacy Group for Tokenization of Assets 👉🏻 Source
6. OKX and Circle Collaborate to Enhance USDC Experience with Wallet and DEX Aggregator Integration 👉🏻 Source
Coinbase, Circle and Aave Form an Advocacy Group for Tokenization of Assets (Image By vecstock)
Projects 🔍
1. Binance Head of Product Quits, Joining Exodus of Executives Amid Regulatory Scrutiny 👉🏻 Source
2. dydx Token Approved to Become Native Asset of Upcoming Native Chain 👉🏻 Source
3. OKX Nears Approval for Hong Kong VASP License 👉🏻 Source
4. Bybit Launches AI-Powered TradeGPT for Market Analysis 👉🏻 Source
5. Crypto Gambling Site Stake Loses $16M in Possible Hack 👉🏻 Source
6. Circle Expands USDC Availability by Deploying on Layer 2 Networks OP Mainnet and Base 👉🏻 Source
7. Genesis to Shutter Crypto Spot Trading Desk in US 👉🏻 Source
8. MetaMask Introduces ‘Cash Out’ Feature for Users to Sell Crypto for Fiat 👉🏻 Source
9. Coinbase to Offer Crypto Lending Services to US Institutional Investors 👉🏻 Source
10. Coinbase’s Base Network Experiences First Major Outage since Launch 👉🏻 Source
11. Binance to Delist Privacy Coins in Belgium due to EU Regulations 👉🏻 Source
12. Tornado Cash Co-Founder Pleads Innocent to All Charges 👉🏻 Source
13. Genesis Global Capital Sues Digital Currency Group over $640M in Unpaid Bitcoin Loans 👉🏻 Source
14. Arkham Intelligence Uncovers 1,750 Wallet Addresses Linked to Grayscale Bitcoin Trust 👉🏻 Source
15. Celsius Files Adversary Complaint against EquitiesFirst to Recover Assets 👉🏻 Source
16. Kraken’s UK Derivatives Unit Seeks to Expand Services with FCA Approval 👉🏻 Source
17. Binance Extends Zero-Fee Trading Promotion to Boost Crypto Adoption in Emerging Markets 👉🏻 Source
18. ConsenSys’ Infura to Decentralize by End of 2023 👉🏻 Source
MetaMask Introduces ‘Cash Out’ Feature for Users to Sell Crypto for Fiat (Photo by Birger Strahl on Unsplash)
NFTs 🏞
Google Allows Advertisements for NFT Games Starting September 15 👉🏻 Source
Investments 💰
1. Story Protocol Launches with $54 Million Funding Round Led by a16z to Revolutionize IP Ownership 👉🏻 Source
2. Pantera Capital Leads $16.5M Investment in ZK-Powered DEX Brine Fi 👉🏻 Source
Regulatory and Policy 👮🏻⚖️
1. Digital Yuan Must Be Accepted in All Retail Payments, Says Central Bank Official 👉🏻 Source
2. ECB Official: Digital Euro Can Ward Off Ills of Private Payment Services 👉🏻 Source
3. Australian Senate Rejects Crypto Bill, Calls for Further Consultation 👉🏻 Source
4. China Cracks Down on Crypto Influencers, Shutters 80 Accounts 👉🏻 Source
5. Russian Lawmaker Predicts Digital Ruble Will Displace Banks 👉🏻 Source
6. Philip Jefferson Confirmed as Fed’s №2 by Senate 👉🏻 Source
7. Crypto Assets should be Marked at Current Values, Says FASB 👉🏻 Source
8. Taiwan to Restrict Unregistered Overseas Crypto Exchanges 👉🏻 Source
9. CFTC Commissioner Proposes Limited Pilot Program to Regulate Cryptocurrency 👉🏻 Source
10. CFTC Cracks Down on DeFi Protocols: Opyn, ZeroEx, and Deridex Face Penalties and Cease and Desist Orders 👉🏻 Source
11. SEC Pushes Back on Ripple’s Effort to Block XRP Appeal 👉🏻 Source
12. G20 Leaders Push for Swift Implementation of International Crypto Framework 👉🏻 Source
Miscellaneous 🎲
1. Matter Labs Co-founder Proposes “Ethereum Supreme Court” to Resolve Smart Contract Disputes 👉🏻 Source
2. London Stock Exchange Group to Launch Blockchain-Powered Market for Traditional Assets 👉🏻 Source
3. Vitalik Buterin Sells MKR Tokens after MakerDAO Co-Founder Suggests Solana-Based ‘NewChain’ 👉🏻 Source
4. SBI Expands Ripple Remittance Tech to Southeast Asia 👉🏻 Source
5. Ark Invest and 21Shares File with SEC for Spot Ether ETF 👉🏻 Source
6. Vitalik Buterin: Financial Privacy and Regulation Can Co-Exist with ZK Proofs 👉🏻 Source
7. JPMorgan Explores Blockchain Technology for Faster and Cheaper Payment Systems 👉🏻 Source
8. Ant Group Unveils ‘ZAN,’ a New Overseas Blockchain Brand, to Cater to Institutional and Individual Clients 👉🏻 Source
9. Hackers Steal Over $691K from Victims after Phishing Vitalik Buterin’s X Account 👉🏻 Source
📆 Major upcoming economic events:
1️⃣ Britain, GDP m/m, Sep. 13
2️⃣ USA, Core CPI m/m, Sep. 13
3️⃣ USA, CPI m/m, Sep. 13
4️⃣ EU, Monetary Policy Statement, Sep. 14
5️⃣ USA, Core PPI m/m, Sep. 14
6️⃣ USA, Core Retail Sales m/m, Sep. 14
7️⃣ USA, PPI m/m, Sep. 14
8️⃣ USA, Retail Sales m/m, Sep. 14
9️⃣ USA, Unemployment Claims, Sep. 14
🔟 EU, ECB Press Conference, Sep. 14
1️⃣1️⃣ China, Industrial Production y/y, Sep. 15
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📆 Major upcoming fundamental events:
1️⃣ CyberConnect (CYBER), Arbitrum Integration, Sep. 11
2️⃣ Moonbeam (GLMR), Token Unlock (9.68m), Sep. 11
3️⃣ Aptos (APT), Token Unlock (4.54m), Sep. 12
4️⃣ Enjin Coin (ENJ), Enjin Blockchain Launch, Sep. 13
5️⃣ Lido DAO (LDO), Token Unlock (1.5m), Sep. 13
6️⃣ Flow (FLOW), Token Unlock (7.29m), Sep. 16
7️⃣ ApeCoin (APE), Token Unlock (40.6m), Sep. 17
Thanks for reading Web3 and Crypto Newsletter! We hope you found this week’s edition informative and helpful. Don’t forget to follow us to stay up-to-date on the latest news and developments in the web3 and crypto space. See you next week!
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