Hello and welcome to Web3 and Crypto Newsletter, your weekly guide to the exciting world of decentralization. Whether you’re a seasoned pro or just starting out, our newsletter is designed to keep you informed and up-to-date on the latest developments and trends in the space.
Enjoy!

Market 📈📉

1. Crypto Fund Outflows Record Hit $59M, Ethereum Emerges as the ‘Least Loved’ Asset 👉🏻 Source

2. FTX’s $3 Billion Liquidation Plan Sparks Panic Among Crypto Investors 👉🏻 Source

Merges and Acquisitions 📎

Crypto Accounting Firm Bitwave Acquires Gilded to Expand Enterprise Solutions 👉🏻 Source

Partnerships 🤝

1. Sushi Now Available on Aptos Blockchain, Marking the DEX’s First Expansion beyond EVM Chains 👉🏻 Source

2. Coinbase Cloud Integrates Kiln Platform for Native ETH Staking Below 32 ETH 👉🏻 Source

3. Offchain Labs, Espresso Systems Partner to Improve Transaction Ordering 👉🏻 Source

4. Gaming Blockchain Oasys Partners with Japan’s KDDI to Push Web3 Gaming in Japan 👉🏻 Source

5. Ankr and Tencent Cloud Join Forces to Make Blockchain Development More Accessible 👉🏻 Source

6. LayerZero Taps Google Cloud as Its Default Oracle Operator 👉🏻 Source

7. Astar and Polygon Launch zkEVM to Accelerate Ethereum Adoption 👉🏻 Source

8. Singapore super app Grab Launches Web3 Wallet through Partnership with Circle 👉🏻 Source

9. Lido Finance Expands Liquid Staking Dominance, Launches wstETH on Cosmos with Axelar and Neutron 👉🏻 Source

10. Australian Bank ANZ Uses Chainlink to Test Tokenized Asset Purchase 👉🏻 Source

11. BitGo and Swan Partner to Create First Bitcoin-Only Trust Company 👉🏻 Source

Projects 🔍

1. Friend.tech Rises from the Ashes, TVL Surges 👉🏻 Source

2. LDO token remains safe despite security flaw in token contract, Lido assures 👉🏻 Source

3. Avalanche’s HyperSDK Upgrade Achieves Blazing-Fast 143K TPS on Testnet 👉🏻 Source

4. Coinbase Exchange Remains Inactive in India, but Other Operations Continue 👉🏻 Source

5. New Non-Custodial Liquidity Markets Launched on Base by Aave v3 👉🏻 Source

6. Fireblocks Gives Brands and Startups More Control With Non-Custodial Wallet Service 👉🏻 Source

7. MetaMask Goes beyond EVM Ecosystem with Snaps Launch 👉🏻 Source

8. Binance.US CEO Departs, Layoffs Follow 👉🏻 Source

9. Telegram Integrates TON Crypto Wallet 👉🏻 Source

10. BitMEX Unveils Prediction Markets, Emphasizing Derivatives Once Again 👉🏻 Source

11. BNB Chain’s opBNB Layer-2 Network Goes Live 👉🏻 Source

13. Huobi Celebrates 10th Anniversary with Rebranding to HTX 👉🏻 Source

14. Gemini Earn Users May Get Full Crypto Refund under New DCG Plan 👉🏻 Source

15. Coinbase Aims to Boost Bitcoin Adoption with Lightning Network Integration 👉🏻 Source

16. Cosmos Hub Introduces Liquid Staking Module 👉🏻 Source

17. Sui Network Bridges the Gap between Web2 and Web3 with Google, Facebook Logins 👉🏻 Source

18. Polygon Officially Releases Proposals for 2.0 Migration and New POL Token 👉🏻 Source

19. SSV.network Launches Mainnet to Decentralize Ethereum Staking 👉🏻 Source

20. Ripple Expands Liquidity Hub to Brazil and Australia 👉🏻 Source

21. Genesis to Discontinue Derivatives Trading 👉🏻 Source

22. Binance.US Legal Executive and Chief Risk Officer Depart 👉🏻 Source

23. Celsius and Core Scientific Reach $45M Settlement in Mining Dispute 👉🏻 Source

24. Ethereum Launches New Testnet ‘Holesky’ with 1.6B ETH for Developers 👉🏻 Source

25. Gemini Accuses DCG of ‘Gaslighting’ in Latest Recovery Plan for Genesis Bankruptcy 👉🏻 Source

Polygon Officially Releases Proposals for 2.0 Migration and New POL Token (Photo by Mateusz Wacławek on Unsplash)

Investments 💰

1. Animoca Brands Raises $20M to Develop Digital IDs and Point System for Web3 👉🏻 Source

2. Bitget Doubles Down on Ecosystem Development with New $100M Fund 👉🏻 Source

3. Sony Invests $3.5M in Startale Labs to Develop Global Web3 Infrastructure 👉🏻 Source

4. Thailand’s Second-Largest Bank Launches $100M AI Fund 👉🏻 Source

Regulatory and Policy 👮🏻‍⚖️

1. France Launches Non-Obligatory Crypto ‘Finfluencer’ Certificate 👉🏻 Source

2. India Prepares 5-Point Crypto Legislation to Regulate Cryptocurrency, Drops Blanket Ban 👉🏻 Source

3. BIS Launches Initiative for Blockchain-Based Sustainable Finance Solutions 👉🏻 Source

4. SEC Chair Gensler Confirms Use of AI to Monitor Financial Markets 👉🏻 Source

5. Israel and Hong Kong Successfully Conduct a Retail CBDC Test, Prioritizing Privacy and Inclusivity 👉🏻 Source

6. Republican Lawmaker Reintroduces Bill to Block CBDC 👉🏻 Source

7. Mila Kunis-Backed Stoner Cats Faces SEC Enforcement Action over “Unregistered” Offering of NFTs 👉🏻 Source

8. FTX Granted Permission to Sell Billions in Crypto Assets 👉🏻 Source

9. 3AC Founders Face 9-Year Ban from Financial Management in Singapore 👉🏻 Source

10. SWIFT Enlists Three Central Banks to Integrate Its CBDC Connector in Beta Test 👉🏻 Source

11. SEC Accuses Binance.US of Obstructing Investigation 👉🏻 Source

12. Japan to Allow Startups to Raise Funds through Crypto Issuance 👉🏻 Source

13. SEC Wins Bid to Unseal Key Documents in Binance Case 👉🏻 Source

SEC Wins Bid to Unseal Key Documents in Binance Case (Photo by Mateusz Wacławek on Unsplash)

Macroeconomics 🌐

Bitcoin Surges on ECB Signal of Rate Hike Pause 👉🏻 Source

Fun & crazy 😁😳

Bitcoin User Accidentally Spends $500,000 in Transaction Fees to Move only $200 worth of BTC 👉🏻 Source

Miscellaneous 🎲

1. Australia Becomes Third-Largest XRP Holder in the World, Crypto Lawyer Claims 👉🏻 Source

2. Meta Building AI Data Centers to Challenge ChatGPT 👉🏻 Source

3. PayPal Launches Crypto-to-USD Conversion Service 👉🏻 Source

4. Franklin Templeton Seeks SEC Approval for Launching Spot Bitcoin ETF 👉🏻 Source

5. Nasdaq Seeks SEC Approval for Hashdex Hybrid Ether ETF 👉🏻 Source

6. Deutsche Bank Launches Crypto Custody Services 👉🏻 Source

7. Mark Zuckerberg’s Metaverse Comes to Mobile and Web 👉🏻 Source

📆 Major upcoming economic events:

1️⃣ ⚠️ USA, Federal Funds Rate, Sep. 20 ⚠️

2️⃣ ⚠️ USA, FOMC Statement, Sep. 20 ⚠️

3️⃣ ⚠️ USA, FOMC Press Conference, Sep. 20 ⚠️

4️⃣ Britain, Official Bank Rate, Sep. 21

5️⃣ USA, Unemployment Claims, Sep. 21

6️⃣ JPY, Monetary Policy Statement, Sep. 22

7️⃣ EU, German Flash Manufacturing PMI, Sep. 22

8️⃣ EU, German Flash Services PMI, Sep. 22

9️⃣ Britain, Flash Manufacturing PMI, Sep. 22

🔟 Britain, Flash Services PMI, Sep. 22

1️⃣1️⃣ USA, Flash Manufacturing PMI, Sep. 22

1️⃣2️⃣ USA, Flash Services PMI, Sep. 22

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📆 Major upcoming fundamental events:

1️⃣ Dai (DAI), Debt Ceiling Increase, Sep. 17

2️⃣ Chiliz (CHZ), Twitter Spaces, Sep. 18

3️⃣ Horizen (ZEN), ZEN 4.1.0 (Node Software Upgrade) , Sep. 19

4️⃣ 1inch (1INCH), Token Unlock (53.57k), Sep. 22

Another week, another step closer to a decentralized future. Thanks for joining us on this journey through the world of web3 and cryptocurrencies. Stay tuned for more news and updates, and we’ll see you in the next issue of Web3 and Crypto Newsletter.

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