Web3 and Crypto Newsletter- Week #34 (July 3 ~ 9)
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 🤝
1️⃣ UAE Free Zone and HBAR Foundation Launch Grant Program for Web3 Startups 👉🏻 Source
2️⃣ BoE Works with Wallet Maker to Develop Privacy Layer for CBDC 👉🏻 Source
Projects 🔍
1️⃣ AzukiDAO Proposes to Claw Back 20,000 ETH from Founder Zagabond 👉🏻 Source
2️⃣ Hut 8 Sees Growth in AI and HPC as It Relocates 6,400 Rigs to Texas 👉🏻 Source
3️⃣ BlackRock Refiles Spot Bitcoin ETF Application, Names Coinbase as Surveillance Partner 👉🏻 Source
4️⃣ TON Blockchain Takes Privacy to the Next Level with On-Chain Encrypted Messaging 👉🏻 Source
5️⃣ Binance Suspends Deposits and Withdrawals for 8 Multichain-Bridged Tokens 👉🏻 Source
6️⃣ BRC-69 Standard Bypass Bitcoin’s 4MB Block Size Limit for Ordinals 👉🏻 Source
7️⃣ StarkNet Launches Testnet for Quantum Leap Upgrade, Promising 10x Throughput Increase 👉🏻 Source
8️⃣ dydx Launches Public Testnet on Cosmos, One Step Closer to Full Migration 👉🏻 Source
9️⃣ Binance Seeks European Policy Officer as It Faces Regulatory Headwinds 👉🏻 Source
🔟 Circle Eyes Japan as Potential Market for USDC as Country Eases Stablecoin Rules 👉🏻 Source
1️⃣1️⃣ Binance Wallet Upgrade to Retire Certain Deposit Addresses 👉🏻 Source
1️⃣2️⃣ Uniswap v4 could Go Live in 1–4 Months, Pending Ethereum’s Cancun Upgrade and Audit 👉🏻 Source
1️⃣3️⃣ Circle Launches Wallet-as-a-Service Platform for Developers 👉🏻 Source
1️⃣4️⃣ Binance Hit by Executives Exodus as Regulatory Pressure Mounts, CZ Calls the Reports as “FUD” 👉🏻 Source (1, 2)
1️⃣5️⃣ Lightning Labs Launches Tools to Enable AI to Interact with Bitcoin Lightning Network 👉🏻 Source
1️⃣6️⃣ Shiba Inu’s Layer 2 Blockchain Could Launch as Soon as Next Month 👉🏻 Source
1️⃣7️⃣ Multichain Warns Users after $126 Million Asset Outflow, Confirms Exploit of Fantom, Moonriver and Dogechain Crypto Bridges 👉🏻 Source
1️⃣8️⃣ Polygon Spinoff Avail Introduces Testnet Bridge, Enabling Affordable Layer 2 Solutions 👉🏻 Source
1️⃣9️⃣ Arbitrum DAO Locks Up $770 Million in ARB Tokens to Improve Governance 👉🏻 Source
2️⃣0️⃣ Gemini Sues Digital Currency Group and Barry Silbert for Fraud 👉🏻 Source
2️⃣1️⃣ Cobo Argus’ Custodial Solution Attracts $100M in TVL in Just One Week 👉🏻 Source
Regulatory and Policy 👮🏻⚖️
1️⃣ Singapore Takes Aim at Crypto Risks, Orders Firms to Protect Customer Assets 👉🏻 Source
2️⃣ Belarus Cracks Down on Crypto Fraud, Considers Banning P2P Transactions 👉🏻 Source
3️⃣ Thai SEC Implements Ban on Using Customer Crypto Assets for Lending and Investment 👉🏻 Source
4️⃣ South Africa’s Financial Regulator Sets Year-End Deadline for Crypto Exchange Licensing 👉🏻 Source
5️⃣ ASIC Searches Binance Australia Offices in Ongoing Probe 👉🏻 Source
6️⃣ India’s Central Bank in Talks with Global Peers to Promote Digital Rupee for Cross-Border Payments 👉🏻 Source
7️⃣ Danish Watchdog Orders Saxo Bank to Sell Crypto Holdings 👉🏻 Source
8️⃣ Hong Kong Considers Issuing Government-Backed Stablecoin to Rival USDT and USDC 👉🏻 Source
9️⃣ EU Blockchain Sandbox Kicks Off with 20 Projects to Test Innovative Use Cases 👉🏻 Source
🔟 CFTC Investigators Conclude Celsius and Former CEO Mashinsky Broke US Rules 👉🏻 Source
1️⃣1️⃣ NY Fed Takes Steps towards Centralized Blockchain Payments 👉🏻 Source
1️⃣2️⃣ FBI Investigates Kraken Co-Founder Jesse Powell for Alleged Hacking and Cyberstalking 👉🏻 Source
1️⃣3️⃣ AFME Calls for Inclusion of DeFi in MiCA Regulation 👉🏻 Source
1️⃣4️⃣ Canadian Regulator Favors Bitcoin and Ether for Staking and Lending in Investment Funds 👉🏻 Source
1️⃣5️⃣ BIS Releases Framework to Protect CBDCs from DeFi Cyber Attacks 👉🏻 Source
1️⃣6️⃣ Coinbase Accused of Knowingly Violating Securities Laws 👉🏻 Source
Fun & crazy 😁😳
1️⃣ AI-Generated Fake News about Gary Gensler’s Resignation Spreads Through Crypto Community 👉🏻 Source
2️⃣ 3AC Founders Pledge to Donate Future Earnings to Creditors 👉🏻 Source
Miscellaneous 🎲
1️⃣ Credit Suisse Launches NFT Collection to Support Women’s Football 👉🏻 Source
2️⃣ Google Updates Privacy Policy to Allow Data Scraping for AI Training, Raising Privacy Concerns 👉🏻 Source
3️⃣ Nasdaq Files for Valkyrie Bitcoin ETF, Coinbase to Provide Surveillance Data 👉🏻 Source
4️⃣ HSBC Joins Quantum-Secure Network to Future-Proof Financial Transactions 👉🏻 Source
5️⃣ BlackRock CEO Praises Bitcoin, Says Bitcoin is ‘Digitizing Gold’ and an ‘International Asset’ 👉🏻 Source
6️⃣ Twitter One Step Closer to Allowing Payments within Platform 👉🏻 Source
7️⃣ Instagram’s Threads App Launches Early, Aiming to Challenge Twitter 👉🏻 Source
8️⃣ Binance CEO Sees Bitcoin Bull Run Starting in 2025 👉🏻 Source
9️⃣ SEGA Puts GameFi Plans on Hold, COO Calls Blockchain Gaming “Boring” 👉🏻 Source
🔟 JPMorgan: ETF Approval Could Boost Bitcoin Liquidity, But Won’t Be a Game-Changer 👉🏻 Source
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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