North Borneo Labs: Weekly Review -13

We cover the well known and few known news and blockchain development for you……

Red pill Blue pill NFT, Godwoken: Layer 2 on Nervos Network, 55 million Defi Hack, Rug Pull again? , Solana battles Cardano for the top-5 spot, and more news……

Blockchain development and cryptocurrency global news and updates are like mushrooms, we ensure you get the most updated information over the week.

Here’s our Editor’s selection on blockchain and crypto news that you may have missed this past week!

Regulatory

4 November 2021. The Block. SEC chair Gensler hints at enforcement actions against crypto firms

5 November 2021. CNBC. House passes $1 trillion bipartisan infrastructure bill that includes transport, broadband and utility funding, sends it to Biden

Central Bank Digital Currency

5 November 2021. Central Banking. Global CBDC network could save multinationals nearly $100bn

Centralise Cryto Finance (CeFi)

3 November 2021. Coin Telegraph. DeFi, CeFi and institutions: AscendEX’s $50M raise highlights ambitions beyond exchange business

Decentralised Finanace (DeFi)

5 November 2021. The Block. DeFi protocol bZx compromised again: $55 million stolen in private key leak

7 November 2021. Wu Blockchain. Top1 Rugpull Token: How Squid Game was born？

Non-Fungible Token (NFT) & Metaverse

2 November 2021. Decrypt. Warner Bros To Launch ‘Red Pill’ NFTs Avatars For The Matrix Resurrections

4 November 2021. Coindesk. Tron Foundation, APENFT Launch $100M Fund for NFT Projects

5 November 2021. Coindesk. S. Korean Regulator Says NFTs Are Not Virtual Assets: Report

5 November 2021. The Block. Solana Ventures, FTX, and Lightspeed launch $100 million blockchain gaming fund

Stablecoin

3 November 2021. Bitcoin Insider. Introducing NexisDAO: Bring Nervos to the open finance

Insights & Blockchain Development

3 November 2021. Coin Telegraph. Solana battles Cardano for the top-5 spot as SOL market cap crosses $70B mark

4 November 2021. Bloomberg. Specialist Asset Manager Modular Tackles ESG Strategy for Crypto

4 November 2021. ETF Hearsay . Grayscale Bitcoin ETF 19b-4 filing “noticed” by SEC, starting clock for the conversion of $GBTC to an ETF

5 November 2021. Coin Telegraph. Nervos debuts mainnet beta layer-two blockchain project