Welcome to Web3 and Crypto Newsletter, your go-to source for the latest news 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.

Partnerships 🤝

1. Circle Expands USDC Reach by Launching It on Polygon 👉🏻 Source

2. Immutable Partners with AWS to Accelerate Web3 Gaming Adoption 👉🏻 Source

3. Circle Partners with Philippines Exchange to Boost USDC Dominance 👉🏻 Source

4. Fintech Plaid Partners with SEI Labs Following Layer 1’s Launch 👉🏻 Source

Projects 🔍

1. Crypto Exchanges Binance and OKX Commit to UK Regulatory Compliance 👉🏻 Source (1, 2)

2. Pfizer-Backed DAO Collaborates with Community to Establish Biotech Firm 👉🏻 Source

3. Binance Enables Copy Trading for Futures Markets 👉🏻 Source

4. Brazilian Authorities Investigate Binance and CEO Changpeng Zhao over Money Laundering and Other Allegations 👉🏻 Source

5. WOO Network Repurchases Shares and Tokens from 3AC, Mitigating Exposure to Bankrupt Hedge Fund 👉🏻 Source

6. Lido Finance Discloses 20 Slashings Due to Validator Misconfigurations 👉🏻 Source

7. Trezor Introduces Enhanced Hardware Wallet with Metal Recovery Seed Backup 👉🏻 Source

8. Ethereum’s Validator Queue Drains as Staking Demand Weakens 👉🏻 Source

9. Frax Finance’s Yield-Matching Vault Attracts $35M in 24 Hours 👉🏻 Source

10. Tether Appoints Paolo Ardoino as New CEO 👉🏻 Source

11. ThorSwap Resumes Operations with Revised Terms to Ensure Compliance with Sanctions 👉🏻 Source

Frax Finance’s Yield-Matching Vault Attracts $35M in 24 Hours (Image by kjpargetera on Freepik)

NFTs 🏞

Chinese Government-Owned Newspaper Embraces Blockchain Technology, Launches NFT Platform 👉🏻 Source

Regulatory and Policy 👮🏻‍⚖️

1. UK FCA Warns Crypto Users about Huobi, KuCoin and Other Unregistered Firms 👉🏻 Source

2. US Consumer Watchdog Considers Applying e-Banking Laws to Crypto 👉🏻 Source

3. Brazil to Launch Tokenization Sandbox in 2024 👉🏻 Source

4. UK Regulator Restricts Binance Partner’s Crypto Advertising 👉🏻 Source

5. UK MPs Call for Action on NFT Copyright Infringement and Crypto Fan Tokens 👉🏻 Source

6. French Regulator Cautions on DeFi, Citing Lack of Decentralization 👉🏻 Source

7. G20 Adopts IMF-FSB Crypto Regulatory Framework 👉🏻 Source

8. SEC Reportedly won’t Appeal Court Decision, Grayscale Bitcoin ETF One Step Closer 👉🏻 Source

Macroeconomics 🌐

Fed Sees Weaker GDP Growth Ahead, but Vows to Keep Fighting Inflation 👉🏻 Source

Fun & crazy 😁😳

Binance’s $1 Billion Crypto Recovery Fund Deployed Less Than $30 Million, According to Bloomberg 👉🏻 Source

Miscellaneous 🎲

1. Galxe Reimburses Users for Funds Lost in Recent Hack 👉🏻 Source

2. JPMorgan Launches Blockchain-Based Collateral Settlement 👉🏻 Source

3. ARK Amends Spot Bitcoin ETF Filing, Raising Hopes for Approval 👉🏻 Source

4. Japanese Yen-backed Digital Currency (DCJPY) Set to Launch in July 2024 👉🏻 Source

5. MasterCard’s Wrapped CBDC Trial Ends in Success 👉🏻 Source

6. Crypto Lender Genesis Halts Withdrawals after Court Order to FTX 👉🏻 Source

7. Former Voyager Digital CEO Sued by CFTC and FTC for Alleged Fraud and False Claims 👉🏻 Source

8. Chinese Bitcoin Mines in US Raise Concerns over National Security 👉🏻 Source

9. Microsoft’s Activision Acquisition Poised to Transform Work and Play with Metaverse and Crypto 👉🏻 Source

10. Ferrari Embraces Crypto Payments in the US 👉🏻 Source

Chinese Bitcoin Mines in US Raise Concerns over National Security (Image: The New York Times)

📆 Major upcoming economic events

1️⃣ USA, Core Retail Sales m/m, Oct. 17

2️⃣ USA, Retail Sales m/m, Oct. 17

3️⃣ China, Industrial Production y/y, Oct. 18

4️⃣ USA, Unemployment Claims, Oct. 18

5️⃣ USA, Fed Chair Powell Speaks, Oct. 18

6️⃣ USA, Building Permits, Oct. 18

7️⃣ USA, Existing Home Sales, Oct. 19

8️⃣ USA, 17 Fed speaker events

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📆 Major upcoming fundamental events

1️⃣ Radiant Capital (RDNT), Mainnet Launch, Oct. 15

2️⃣ Flow (FLOW), Token Unlock (7.29m), Oct. 16

3️⃣ EOS (EOS), EVM V0.6.0, Oct. 11

4️⃣ ApeCoin (APE), Token Unlock (15.60m), Oct. 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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