Web3 and Crypto Newsletter- Week #46 (September 25 ~ October 01)
Welcome to Web3 and Crypto Newsletter, your exclusive guide to the world of decentralization. Our weekly newsletter features hand-picked latest news from the industry, all designed to help you stay on top of the latest developments and make informed decisions.
Market 📈📉
Crypto Institutional Funds Continues to Bleed, but XRP and SOL Gain Investor Confidence 👉🏻 Source
Merges and Acquisitions 📎
1. Alchemy Acquires Satsuma, a Blockchain Data Indexing Platform to Enhance Web3 Developer Infrastructure 👉🏻 Source
2. Ripple Calls Off Fortress Trust Acquisition 👉🏻 Source
3. Fireblocks Buys BlockFold to Expand Institutional Crypto Offerings 👉🏻 Source
Partnerships 🤝
1. Binance Sets Sights on Asia with Plans to Launch New Stablecoin in a Partnership with Japan’s Largest Financial Group 👉🏻 Source
2. Circle Launches Euro-Backed Stablecoin EURC on Stellar 👉🏻 Source
3. IBM and Microsoft Lead Formation of Post-Quantum Cryptography Coalition to Secure the Future of Encryption 👉🏻 Source
4. Central Banks Collaborate to Test CBDCs in France, Singapore, and Switzerland 👉🏻 Source
5. Tottenham Hotspur Launches Web3 Fan Token in a Partnership with Chiliz 👉🏻 Source
6. Crypto.com Partners with PayPal and Paxos to Become Preferred PYUSD Exchange 👉🏻 Source
7. French Museum Taps Tezos for Launching NFTs in a Bid to Attract New Audiences 👉🏻 Source
8. Google Cloud Joins Polygon Validators Set 👉🏻 Source
9. Arbitrum Foundation and Fracton Ventures Collaborate to Bring Arbitrum Technology to Japan 👉🏻 Source
10. Georgia Selects Ripple Labs as Potential Limited Live CBDC Partner 👉🏻 Source
Projects 🔍
1. Mixin Network Halts Services Following $200 Million Hack 👉🏻 Source
2. Arbitrum Airdrop Tokens Go Unclaimed, Treasury Increased by $57M 👉🏻 Source
3. Huobi Global Hacked for $7.9M, Users Urged to Reset Passwords 👉🏻 Source
4. Coinbase Successfully Registers With Spain’s Central Bank 👉🏻 Source
5. Binance Resumes Services in Belgium, Welcomes New Registrations After Three-Month Hiatus 👉🏻 Source
6. Celsius Creditors Approve Reorganization Plan 👉🏻 Source
7. Crypto Market Making Firm Keyrock Receives Regulatory Approval in Switzerland 👉🏻 Source
8. Bitcoin Ordinals Creator Announces New NFT Protocol ‘Runes’ 👉🏻 Source
9. Kraken Expands European Reach with Registrations in Spain and Ireland 👉🏻 Source
10. Gemini Invests $24 Million to Boost Presence in India 👉🏻 Source
11. Blocknative Suspends MEV Boost Relay to Explore More Profitable Ventures 👉🏻 Source
12. Bankrupt Crypto Lender BlockFi Secures Approval to Repay Users 👉🏻 Source
13. Binance Fully Exits Russia with Sale to CommEX 👉🏻 Source
14. Kraken Expands Offerings with US and UK Stock Trading 👉🏻 Source
15. IOTA to Launch Smart Contracts and Tokens on ShimmerEVM 👉🏻 Source
16. Coinbase International Exchange Receives Green Light for Perpetual Futures Trading 👉🏻 Source
17. Valkyrie Launches Ethereum Futures ETF, First of Its Kind 👉🏻 Source
18. Crypto Exchange Gemini to Exit Netherlands Market in November 👉🏻 Source
19. Circle Launches Tokenized Credit Protocol Perimeter 👉🏻 Source
20. OpenTrade to Offer Tokenized US Treasuries in Asia 👉🏻 Source
Investments 💰
Web3 Fashion Startup IYK Secures $16.8M in a Seed Round Led by a16z 👉🏻 Source
Regulatory and Policy 👮🏻⚖️
1. Hong Kong to take action against suspicious crypto platforms after JPEX scandal 👉🏻 Source
2. Digital Yuan App Now Supports Prepaid Mastercard and Visa Payments for Tourists 👉🏻 Source
3. Coinbase’s Involvement in Celsius Restructuring Plan Raises SEC Concerns 👉🏻 Source
4. Taiwan Publishes Guidelines for Crypto Exchanges, Top Exchanges Unite to Advance Industry Interests 👉🏻 Source (1, 2)
5. Shanghai Recognizes Bitcoin as Digital Currency 👉🏻 Source
6. US Federal Reserve Banks Warn of Stablecoin Risks 👉🏻 Source
7. SEC Postpones Decision on Spot Bitcoin ETF for ARK 21Shares, Blackrock, Invesco and Bitwise 👉🏻 Source (1, 2)
8. SEC Chair Gensler Reiterates Crypto Concerns, Avoids Questions on Bitcoin ETF in Congressional Hearing 👉🏻 Source
9. ECB Chief Reveals Euro CBDC Will Not Guarantee Full Anonymity 👉🏻 Source
10. Brazil Introduces Blockchain-Based Digital ID 👉🏻 Source
Miscellaneous 🎲
1. Amazon Makes Major Investment in AI Firm Anthropic 👉🏻 Source
2. MicroStrategy Spent $150 Million on Bitcoin since August 👉🏻 Source
3. China Unveils Plans for Giant AI Chip Factory to Counter US Sanctions 👉🏻 Source
4. OpenAI’s ChatGPT Gains New Capabilities: Sight, Hearing, and Speech 👉🏻 Source
5. NASA to Use Blockchain to Combat Moon Landing Conspiracy Theories 👉🏻 Source
6. Microsoft Considering Crypto Wallet Integration for Xbox 👉🏻 Source
7. JPMorgan’s Chase Bank Bans Crypto Transactions in UK, Citing Increased Scams 👉🏻 Source
8. Nomura’s Laser Digital Set to Launch Operations in Abu Dhabi 👉🏻 Source
9. Texas Now Accounts for Nearly 30% of Bitcoin Hash Rate in US 👉🏻 Source
10. ChatGPT Gets Real-Time Access to the Internet, Expanding Knowledge Base 👉🏻 Source
11. Buenos Aires Launches Blockchain Digital Identity Solution Using zk Proofs 👉🏻 Source
12. Curve Finance Founder Pays Off Aave Loan, Reducing Debt to $42.7M 👉🏻 Source
13. Circle, Paradigm File Amicus Brief in Binance-SEC Case 👉🏻 Source
14. Ethereum ETF to Launch on October 2, Bitwise Announces 👉🏻 Source
15. Valkyrie Temporarily Puts ETH Futures Contracts on Hold 👉🏻 Source
16. Vitalik Buterin Explores Potential Changes to Ethereum Staking in Recent Blog Post 👉🏻 Source
📆 Major upcoming economic events:
1️⃣ USA, ISM Manufacturing PMI, Oct. 02
2️⃣ USA, Fed Chair Powell Speaks, Oct. 02
3️⃣ USA, JOLTS Job Openings, Oct. 03
4️⃣ USA, ADP Non-Farm Employment Change, Oct. 04
5️⃣ USA, ISM Services PMI, Oct. 04
6️⃣ USA, Average Hourly Earnings m/m, Oct. 06
7️⃣ USA, Unemployment Rate, Oct. 06
📆 Major upcoming fundamental events:
1️⃣ Metis (METIS), DA Migration Vote, Oct. 02 ~ 05
2️⃣ Sui (SUI), Token Unlock (34.62m), Oct. 03
3️⃣ dydx (dydx), Token Unlock (2.16m), Oct. 03
4️⃣ Tornado Cash (TORN), Token Unlock (22.84k), Oct. 04
5️⃣ Tezos (XTZ), YouTube Live AMA, Oct. 05
6️⃣ 1inch (1INCH), Token Unlock (287.14k), Oct. 05
7️⃣ Galxe (GAL), Token Unlock (416.67k), Oct. 05
8️⃣ Nym (NYM), Token Unlock (12.50m), Oct. 06
9️⃣ Hashflow (HFT), Token Unlock (3.23m), Oct. 07
🔟 Immutable X (IMX), Token Unlock (18.08m), Oct. 07
1️⃣1️⃣ Moonbeam (GLMR), Token Unlock (3.04m), Oct. 08
Until next time, stay decentralized and keep on cryptaining! Thanks for reading Web3 and Crypto Newsletter, and we look forward to bringing you more news and updates on the world of web3 and cryptocurrencies.
— — — — — — — — — — — — — — — — — — — —
👍🏻 Give us a thumbs up
📝 Have a question or comment? We’d love to hear from you!
♻️ Share this newsletter with anyone who might be interested.
