Around the world crypto updates for 20-12-2023

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UK introduced new regulation to test tokenization- The U.K. has introduced a new regulation that allows bankofengland and TheFCA to oversee a Digital Securities Sandbox to test tokenization. 

China pledges to boost NFT, decentralized application development despite crypto trading ban- the red flag is flying ??????

Revolut to pause crypto buying for UK business customers- The move follows the FCA introducing tougher rules limiting how crypto is advertised to UK customers.

@FTX_Official bankcrupcy legal fees are higher than the customer shortfall.

$1.45b in legal fees.

$1.42b owed to customers. Who exactly does Gary Gensler stands for ?

SEC delays decisions on Hashdex and Grayscale Ethereum-focused ETFs- The agency instituted “proceedings” for multiple applications on Monday and asked for public input on whether the exchange-traded funds should be allowed to list, according to filings on Monday. 

 Project Updates

TransitFinance exploited for $100k

PSA to upgrade your OKX iOS app- OKX released a patch for their iOS app.

Ledger users lost $600k due to blind signing and will remove it next year- We are aware of approximately $600k in assets impacted, stolen from users blind signing on EVM DApps. LEDGER will work with the DApp ecosystem to allow Clear Signing, and no longer allow Blind Signing with Ledger devices by June 2024. This will lead to a new standard to protect users and encourage Clear Signing across DApps.

Some drama in EchelonFND- "Now, looking ahead to 2024’s planned EP election, a systematic evaluation of QV approaches for the Echelon ecosystem is needed."

Kyberswap treasury grant program details announced for victims

Immutable launches web3 gaming "Passport" - Immutable has launched its web3 gaming “Passport,” which allows players to use identities and assets across multiple platforms.

Initially, more than 500,000 users will have access to the tool across five games and marketplaces like “Gods Unchained” and AtomicHub.

frame_xyz announced their airdrop- The initial airdrop of $FRAME, available to anyone whose traded an NFT on ETH the last two years.

Phantom teases BTC integration- "there is no second best crypto asset, there is only ....."

Airdrop/point system teased for fraxfinance

y2kfinance adds $PYUSD to their vaults

BrineFinance introduces tanX- the new face of institutional grade trading. We aim to change the future of crypto, one trade at a time!

Neon_EVM explainer on their parallelization tech for their EVM

SuccinctLabs introduces Tendermint X - Tendermint X finally brings to production the long-lived dream of connecting the Cosmos to Ethereum with a trust-minimized ZK bridge.

Arbitrum Orbit integrates @CelestiaOrg- Developers can now deploy an Orbit chain ?? on Arbitrum Sepolia with Celestia as modular DA, complete with Nitro fraud proofs ??? and Ethereum fallback. 

Launches

MoneyArk IDO (degen) | [2pm UTC, Eth] 

Lumio Mainnet | [Live] 

ZKFair Mainnet | [Live] 

FXS Halving 

Xave Finance LBP | [Live, Avax] 

Opulous (degen) | [Today, Arbitrum] 

Script Network TGE | [Live, CEXs]

Weave Financial LBP | [Live, Eth] 

TonUP IDO (degen) | [Live, Ton]

Stratum Exchange IDO | [Live, Mantle] 

New Projects

Lumio | Lumio | L2

Breakfast Club

Ethos | Cosmos | Restaking

Combo Network | Combo | Game Fi,L2

Blast Fusion | Blast | Governance Aggregator

Voi Network

Copycat Finance | Bitcoin | BRC20,Derivatives

Orange Bot | Bitcoin | Trading Bots

Injective Bots | Injective | Trading Bots

zkLayer | zk-Rollup

Ordigo Protocol

Formless | Social

Harvey AI | AI,Legal

Vector Chat | AI,Social

Abis Finance | RWA,DAPP Aggregator

Regulation and Society adoption

Events&meetings

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