Hey frenz!
Web3 and cryptocurrencies are transforming the way we live, work, and do stuff. Our weekly newsletter is your key to unlocking the potential of this fast-paced new world. Every week, we’ll deliver the top stories and updates straight to your inbox, so you can stay informed and ahead of the game.

Market 📈📉

Crypto Investment Products See $455 Million in Outflows Over 9 Weeks: CoinShares Report 👉🏻 Source

Merges and Acquisitions 📎

Hut 8 Secures Court Approval for USBTC Merger in British Columbia 👉🏻 Source

Partnerships 🤝

1. Circle Expands USDC Stablecoin Reach with Integration on Polkadot Asset Hub 👉🏻 Source

2. Coinbase Pay Integration Brings Convenience to Aptos Labs Crypto Wallet Users 👉🏻 Source

3. Philippines SEC Collaborates with US Counterpart to Tackle Cryptocurrency Fraud 👉🏻 Source

4. Evmos, Swing, Tashi, Wormhole Partner on New Solutions for Cosmos Liquidity Boost 👉🏻 Source

5. Apple and Goldman Sachs Abandon Trading App Plans, Citing Market Conditions 👉🏻 Source

6. Chainlink Partners with Arbitrum to Boost Development of Cross-chain dApps 👉🏻 Source

7. PancakeSwap Enhances User Onboarding by Integrating Transak for Fiat Transactions 👉🏻 Source

8. South Korean Mobile Developer NHN Ventures into Crypto Gaming with SUI 👉🏻 Source

9. Core Scientific Secures $77 Million Deal with Bitmain Including 27k Bitcoin Mining Rigs 👉🏻 Source

10. Brave Joins Forces with Electric Coin and Filecoin to Drive Web3 Privacy Advancements 👉🏻 Source

Chainlink Partners with Arbitrum to Boost Development of Cross-chain dApps (Photo by Josef Stepanek on Unsplash)

Projects 🔍

1. Ethereum’s Holesky Testnet Fails to Launch, Now Postponed for Two Weeks Due to Technical Issues 👉🏻 Source

2. Zodia Custody to Offer Yield on Crypto Holdings for Institutional Clients 👉🏻 Source

3. Injective Protocol Expands Ethereum Applications in the Cosmos Ecosystem with inEVM Integration 👉🏻 Source

4. Balancer DeFi Protocol under Attack, Users Warned Not to Interact with Website 👉🏻 Source

5. Base Launches ‘Pessimism,’ a Cutting-Edge Security Monitoring System for Enhanced Protection 👉🏻 Source

6. Optimism Foundation Sells $157M OP Tokens, Prioritizing Treasury Management 👉🏻 Source

7. Tether Restarts Lending to Long-Term Clients despite Previous Statements 👉🏻 Source

8. Tether Group Expands Strategic Partnership with Nvidia and Northern Data 👉🏻 Source

9. Binance US Lawyers Seek Dismissal of SEC Case Alleging Wash Trading 👉🏻 Source

10. CoinShares Launches US Hedge Fund Division, Expanding Investment Opportunities 👉🏻 Source

11. Bybit Halts UK Services in Response to Regulatory Warning 👉🏻 Source

Ethereum’s Holesky Testnet Fails to Launch, Now Postponed for Two Weeks Due to Technical Issues (Image by jcompa on Freepik)

Investments 💰

1. Sino Global, Coinbase, and Libra Alums Launch $60 Million Web3 Fund to Fuel Innovation 👉🏻 Source

2. Former Andreessen Horowitz Execs Launch ‘Bastion’ after Successful Seed Funding Round 👉🏻 Source

3. Blockchain Capital Closes $580M Funds for Crypto Gaming, DeFi 👉🏻 Source

4. Freatic Secures $3.6M in Seed Funding Led by a16z Crypto for Decentralized Information Markets Protocol 👉🏻 Source

5. Pirate Nation Studio Raises $33 Million, Led by a16z, to Pioneer Fully On-Chain Gaming 👉🏻 Source

Regulatory and Policy 👮🏻‍⚖️

1. Malta to Revise Crypto Regulations to Align with EU’s MiCA 👉🏻 Source

2. SEC’s Motion to Inspect Binance.US Software Fails, a Temporary Win for Binance in Regulatory Battle 👉🏻 Source

3. Thailand Imposes Tax on Overseas Crypto Income 👉🏻 Source

4. SEC’s Crypto Enforcement Chief Warns of More Charges against Crypto Exchanges and DeFi Platforms 👉🏻 Source

5. Australia Takes Legal Action against Kraken Provider for Unauthorized Crypto Margin Trading 👉🏻 Source

6. South Korea’s Busan Plans to Emerge as a Thriving Ethereum-Compatible Blockchain City 👉🏻 Source

7. India Takes Steps to Combat Crypto Fraud by Developing Dark Net Monitoring Tool 👉🏻 Source

Macroeconomics 🌐

Bitcoin Price Falls as Federal Reserve Holds Interest Rates Steady

Fun & crazy 😁😳

Binance Wallet Activity Raises Concern with Abnormally High Transaction Fees Totaling $840,000 👉🏻 Source

Miscellaneous 🎲

1. Citigroup Launches Permissioned Blockchain Services for Institutional Clients 👉🏻 Source

2. Fintech Giant Ant Group Shifts Focus from Crypto to AI 👉🏻 Source

3. Nomura Bank Launches Bitcoin Adoption Fund in Japan 👉🏻 Source

4. Grayscale Applies for Ethereum Futures ETF 👉🏻 Source

5. PayPal Introduces PYUSD Stablecoin on Venmo 👉🏻 Source

6. Mt. Gox Repayment Deadline Extended to October 2024 👉🏻 Source

7. eToro Receives Registration in Cyprus 👉🏻 Source

8. Google Cloud Integrates 11 New Blockchains into BigQuery for Enhanced Data Analysis 👉🏻 Source

9. Third-Party Security Breach Exposes User Emails and Blockchain Addresses on Nansen Platform 👉🏻 Source

Keep us going strong — Tip us!

📆 Major upcoming economic events:

1️⃣ Euro, ECB President Lagarde Speaks, Sep. 25

2️⃣ USA, Final GDP q/q, Sep. 28

3️⃣ USA, Unemployment Claims, Sep. 28

4️⃣ USA, Fed Chair Powell Speaks, Sep. 28

5️⃣ Euro, ECB President Lagarde Speaks, Sep. 29

6️⃣ ⚠️ USA, Core PCE Price Index m/m, Sep. 29 ⚠️

7️⃣ China, Manufacturing PMI, Sep. 29

📆 Major upcoming fundamental events:

1️⃣ Acala (ACA), Token Unlock (4.66m), Sep. 25

2️⃣ Yield Guild Games (YGG), Token Unlock (12.42m), Sep. 27

3️⃣ SingularityNET (AGIX), Token Unlock (9.68m), Sep. 28

4️⃣ Euler (EUL), Token Unlock (153.02k), Sep. 28

5️⃣ Optimism (OP), Token Unlock (24.16m), Sep. 30

6️⃣ 1inch (1INCH), Token Unlock (15k), Oct. 01

That’s all for now, but we’ll be back next week with another edition of Web3 and Crypto Newsletter, bringing you the latest & most important of the decentralized world.

Wish you a great week ahead!

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