Web3 and Crypto Newsletter- Week #34 (July 3 ~ 9)

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Welcome to my weekly newsletter on Web3 and crypto! In this edition, I’ll bring you the latest news, updates, and moves from the world of the decentralized. From the adoption of NFTs to the evolution of DeFi, I’ve got it all covered. So sit back, relax, and enjoy this week’s edition of my newsletter.

Partnerships

1?? UAE Free Zone and HBAR Foundation Launch Grant Program for Web3 Startups ???? 

2?? BoE Works with Wallet Maker to Develop Privacy Layer for CBDC ???? 

Projects ??

1?? AzukiDAO Proposes to Claw Back 20,000 ETH from Founder Zagabond ???? 

2?? Hut 8 Sees Growth in AI and HPC as It Relocates 6,400 Rigs to Texas ???? 

3?? BlackRock Refiles Spot Bitcoin ETF Application, Names COINBASE as Surveillance Partner ???? 

4?? TON Blockchain Takes Privacy to the Next Level with On-Chain Encrypted Messaging ???? 

5?? BINANCE Suspends Deposits and Withdrawals for 8 Multichain-Bridged Tokens ???? 

6?? BRC-69 Standard Bypass Bitcoin’s 4MB Block Size Limit for Ordinals ???? 

7?? StarkNet Launches Testnet for Quantum Leap Upgrade, Promising 10x Throughput Increase ???? 

8?? dydx Launches Public Testnet on Cosmos, One Step Closer to Full Migration ???? 

9?? Binance Seeks European Policy Officer as It Faces Regulatory Headwinds ???? 

?? Circle Eyes Japan as Potential Market for USDC as Country Eases Stablecoin Rules ???? 

1??1?? Binance Wallet Upgrade to Retire Certain Deposit Addresses ???? 

1??2?? Uniswap v4 could Go Live in 1–4 Months, Pending Ethereum’s Cancun Upgrade and Audit ???? 

1??3?? Circle Launches Wallet-as-a-Service Platform for Developers ???? 

1??4?? Binance Hit by Executives EXODUS as Regulatory Pressure Mounts, CZ Calls the Reports as “FUD” ???? Source (

1??5?? Lightning Labs Launches Tools to Enable AI to Interact with Bitcoin Lightning Network ???? 

1??6?? Shiba Inu’s Layer 2 Blockchain Could Launch as Soon as Next Month ???? 

1??7?? Multichain Warns Users after $126 Million Asset Outflow, Confirms Exploit of Fantom, Moonriver and Dogechain Crypto Bridges ???? 

1??8?? Polygon Spinoff Avail Introduces Testnet Bridge, Enabling Affordable Layer 2 Solutions ???? 

1??9?? Arbitrum DAO Locks Up $770 Million in ARB Tokens to Improve Governance ???? 

2??0?? Gemini Sues Digital Currency Group and Barry Silbert for Fraud ???? 

2??1?? Cobo Argus’ Custodial Solution Attracts $100M in TVL in Just One Week ???? 

Regulatory and Policy ??????

1?? Singapore Takes Aim at Crypto Risks, Orders Firms to Protect Customer Assets ???? 

2?? Belarus Cracks Down on Crypto Fraud, Considers Banning P2P Transactions ???? 

3?? Thai SEC Implements Ban on Using Customer Crypto Assets for Lending and Investment ???? 

4?? South Africa’s Financial Regulator Sets Year-End Deadline for Crypto Exchange Licensing ???? 

5?? ASIC Searches Binance Australia Offices in Ongoing Probe ???? 

6?? India’s Central Bank in Talks with Global Peers to Promote Digital Rupee for Cross-Border Payments ???? 

7?? Danish Watchdog Orders Saxo Bank to Sell Crypto Holdings ???? 

8?? Hong Kong Considers Issuing Government-Backed Stablecoin to Rival USDT and USDC ???? 

9?? EU Blockchain Sandbox Kicks Off with 20 Projects to Test Innovative Use Cases ???? 

?? CFTC Investigators Conclude Celsius and Former CEO Mashinsky Broke US Rules ???? 

1??1?? NY Fed Takes Steps towards Centralized Blockchain Payments ???? 

1??2?? FBI Investigates Kraken Co-Founder Jesse Powell for Alleged Hacking and Cyberstalking ???? 

1??3?? AFME Calls for Inclusion of DeFi in MiCA Regulation ???? 

1??4?? Canadian Regulator Favors Bitcoin and Ether for Staking and Lending in Investment Funds ???? 

1??5?? BIS Releases Framework to Protect CBDCs from DeFi Cyber Attacks ???? 

1??6?? Coinbase Accused of Knowingly Violating Securities Laws ???? 

Fun & crazy ????

1?? AI-Generated Fake News about Gary Gensler’s Resignation Spreads Through Crypto Community ???? 

2?? 3AC Founders Pledge to Donate Future Earnings to Creditors ???? 

Miscellaneous ??

1?? Credit Suisse Launches NFT Collection to Support Women’s Football ???? 

2?? Google Updates Privacy Policy to Allow Data Scraping for AI Training, Raising Privacy Concerns ???? 

3?? Nasdaq Files for Valkyrie Bitcoin ETF, Coinbase to Provide Surveillance Data ???? 

4?? HSBC Joins Quantum-Secure Network to Future-Proof Financial Transactions ???? 

5?? BlackRock CEO Praises Bitcoin, Says Bitcoin is ‘Digitizing Gold’ and an ‘International Asset’ ???? 

6?? Twitter One Step Closer to Allowing Payments within Platform ???? 

7?? Instagram’s Threads App Launches Early, Aiming to Challenge Twitter ???? 

8?? Binance CEO Sees Bitcoin Bull Run Starting in 2025 ???? Source

9?? SEGA Puts GameFi Plans on Hold, COO Calls Blockchain Gaming “Boring” ???? 

?? JPMorgan: ETF Approval Could Boost Bitcoin Liquidity, But Won’t Be a Game-Changer ???? 

That’s a wrap for this week’s edition of my newsletter on Web3 and crypto. I hope you found it informative and insightful. Stay tuned for more updates in the coming weeks. And as always, if you have any feedback or suggestions, feel free to reach out to me.

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