Crypto News Weekly

Paradigm
Paradigm
Published in
2 min readAug 20, 2024

13th August — 20th August

▫️ SEC approves first leveraged long MicroStrategy ETF.

▫️ Illicit crypto activity on-chain down nearly 20% since January: Chainalysis.

▫️ Thai SEC opens digital asset regulatory sandbox for applications.

▫️ Alex Pertsev fundraiser launched for appeal against 5-year sentence.

▫️ Australia’s ASIC shuts down over 600 crypto scam websites in year-long crackdown.

▫️ Malaysian authorities arrest seven for power theft linked to bitcoin mining.

▫️ Bitwise acquires physical bitcoin ETP issuer ETC Group, expanding in Europe.

▫️ Tether expands USDT stablecoin to Aptos blockchain.

▫️ MakerDAO halts new WBTC-backed loans due to BitGo concerns.

▫️ ‘Accept USDC’ campaign encourages small retailers to accept USDC payments.

▫️ Optimism activates permissioned fallback until Granite upgrade fixes fault proof vulnerabilities.

▫️ Arbitrum DAO approves temperature check proposal on ARB staking.

▫️ OKX brings Solana ‘Blinks’ to Ethereum chains.

▫️ HashKey partners with Telegram game Catizen to extend GameFi reach.

▫️ Gift card giant Raise partners with WalletConnect on crypto payment options.

▫️ NEBRA’s zero-knowledge proof aggregator goes live on Ethereum mainnet.

▫️ Eigen Labs sent employee addresses to EigenLayer projects for token airdrops.

▫️ Fabric Cryptography to develop cryptography processing unit after raising $33M.

▫️ Orderly Network raises $5M in strategic funding.

▫️ Multicoin Capital leads $3.5M seed raise for Crunch Lab.

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