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Happy Monday everyone!
This is ‘The Decentralized World’ and we’re back with the 42th week of Web 3.0 and Crypto Newsletter. Last week, the bulls lost the battle to the bears after released economic data (core PCE index and jobless claims in particular) implied that another interest rate hike is possible. The negative sentiment was further fueled by SEC announcing delays for deciding about spot bitcoin ETFs. In addition to the fore-mentioned updates, there were some other notable news on web3 and crypto space, which we’re going to take a look at.
Partnerships ??
1. Circle and Mercado Pago Collaborate to Introduce USDC Stablecoin in Chile ????
2. Robinhood and Jump Trading End Crypto Partnership ????
Projects ??
1. Friend.tech Goes Downward, Inflows and Activity Plummet ????
2. OKX, Bybit Remove Sanctioned Russian Banks from Payments List Following Binance’s Lead ????
3. BINANCE Imposes Stricter Fiat Restrictions for Russian Users ????
4. DCG Reaches In-Principle Deal with Genesis Creditors to Settle Claims ????
5. Binance Weighs Pulling out of Russia amid Legal Risks ????
6. Balancer Pools Exploited After Last Week’s Vulnerability Reveal ????
7. Polygon Labs Releases Tool to Create and Connect Ethereum-Powered Layer 2 Blockchains ????
8. OpenZeppelin Launches Defender 2.0 Leveraging Machine Learning for Enhanced Blockchain Security and Smart Contract Protection ????
9. Binance Offers Instant Crypto-to-Bank Account Payments in Latin America ????
10. Tether Partners with Britannia Bank & Trust for Dollar Transfers ????
11. EOS Token Gets Approved for Trading in Japan ????
12. Binance to Discontinue Support for BUSD Products ????
13. Swift Reports Success in Interoperability Experiment with Chainlink’s CCIP ????
14. Offchain Labs’ Arbitrum Stylus to Help Ethereum Layer 2 Dapps with Expanded Language Support ????
15. Ethereum Staking Services Pledge to Limit Network Share to 22% ????
16. MakerDAO Co-Founder Proposes Forking Solana Codebase to Build Native Chain ????
17. Ripple Claims SEC Lacks Grounds for Appeal as Requirements Remain Unmet ????
Binance Weighs Pulling out of Russia amid Legal Risks (Photo by mk. s on Unsplash)
Investments ??
MoonPay Launches Investment Arm MoonPay Ventures to Support Crypto Startups ????
Regulatory and Policy ???????
1. South Korean Crypto Exchanges Face New Reserve Requirements Starting September ????
2. SEC Charges Podcaster for Unregistered Security Sales in NFT Offering ????
3. Republican Lawmakers Accuse Federal Reserve of Undermining Stablecoin Bill Progress ????
4. SEC Commissioners Question NFT Regulation in Response to Enforcement Action ????
5. Grayscale Wins Lawsuit against SEC, Paves Way for Bitcoin ETF Approval ????
6. Judge Dismisses Class Action Suit against Uniswap, Calling Ethereum a Commodity ????
7. SEC Delays Decision on 7 Spot Bitcoin ETF Applications, Including Blackrock’s ????
8. China Court Declares Virtual Assets as Legal Properties, Granting Legal Protection ????
SEC Delays Decision on 7 Spot Bitcoin ETF Applications, Including Blackrock’s (Image by Drazen Zigica on Freepik)
Fun & crazy ????
Blockchain Gaming YouTuber Loses $60K in Crypto after Revealing Seed Phrases on Stream ????
Miscellaneous ??
1. Reliance Industries, Led by Mukesh Ambani, Will Explore Blockchain Platforms and CBDCs ????
2. Open AI Launches ChatGPT Enterprise for Business ????
3. Elon Musk’s X Secures License to Enable Crypto Payments in US ????
4. Securitize to Tokenize U.S. Treasury Bond Yield Fund ????
5. Crypto-Friendly Candidate Francis Suarez Ends Presidential Bid ????
6. Seba Bank Receives In-Principle Approval for Crypto License in Hong Kong ????
7. Robinhood Wallet Adds Bitcoin, Dogecoin, and Ethereum Swaps ????
8. Bloomberg Analysts Now Predict 75% Likelihood of Bitcoin ETF Approval in 2023 ????
9. SEC’s Gensler to Face Congress Twice This September amid Mounting Criticism over SEC’s Crypto Approach ????
10. Gemini Says Genesis Bankruptcy Plan Too Vague, Calls for More Details ????
11. Lufthansa Launches NFT Loyalty Program on Polygon ????
12. Nexo Launches Crypto-Backed Mastercard for EEA Citizens ????
13. Bitwise Withdraws Bitcoin and Ethereum ETF Application ????
14. Former SEC Chair Believes Spot Bitcoin ETF Approval ‘Inevitable’ Despite Delays ????
Keep us going strong —
?? Major upcoming macroeconomics events:
1?? EU, ECB President Lagarde Speaks, Sep. 04
2?? USA, ISM Services PMI, Sep. 06
3?? USA, Unemployment Claims, Sep. 07
4?? USA, FOMC Member Harker Speaks, Sep. 07
5?? China, CPI y/y, Sep. 09
6?? Global, G20 Meetings, Sep. 09
?? Major upcoming fundamental events:
1?? Boba Network (BOBA), Bobascan New Version, Sep. 01 ~ 05
2?? CyberConnect (CYBER), OpBNB Integration, Sep. 04
3?? The Sandbox (SAND), AMA, Sep. 04
4?? LooksRare (LOOKS), Token Unlock (12.5m), Sep. 05
5?? Alchemix (ALCX), Crosschain Airdrop, Sep. 05
6?? Lybra (LBR), V1 Mining Pause, Sep. 05 ~ 07
7?? COINBASE Delisting (BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager VGX (VGX)), Sep. 06
8?? Hashflow (HFT), Token Unlock (3.23m), Sep. 07
9?? Lybra (LBR), V2 Mining Phase 1, Sep. 07
?? Moonbeam (GLMR), Token Unlock (3.04m), Sep. 08
1??1?? ImmutableX (IMX), Token Unlock (18.08m), Sep. 09
1??2?? Conflux (CFX), V2.3.0 Hardfork Upgrade, September
1??3?? Toncoin (TON), TON Space Release, September
1??4?? Polkadot (DOT), Native USDC on Polkadot, September
1??5?? dYdX (DYDX), App-chain, September
1??6?? Horizen (ZEN), ZEN 4.1 Mainnet, September
1??7?? Horizen (ZEN), Updated Wallets, September
Thanks for reading Web 3.0 and Crypto Newsletter. If this was insightful, why not follow us and subscribe for more?
Wish you a great week ahead ??
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