Crypto News Weekly

Paradigm
Paradigm

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3rd September — 10th September

▫️ CFTC faces dissent by Commissioners Mersinger & Pham on Uniswap enforcement for not blocking leverage tokens.

▫️ Kalshi wins against CFTC to list prediction market for control of US Congress, despite CFTC’s emergency motion to stop listing.

▫️ Galois Capital settles with SEC for using a non-qualified custodian, amidst SEC’s custodian approval issues.

▫️ FBI warns of North Korea targeting crypto projects via social engineering.

▫️ Japan’s major banks to test cross-border stablecoin transfer platform.

▫️ Penpie suffers a $27M exploit on mainnet & Arbitrum via reentrancy.

▫️ L2 DAI deployer compromised, allowing an attacker to deploy contracts on other L2s mimicking DAI’s address on Optimism & Arbitrum.

▫️ Vyper compiler added to Ethereum Foundation’s bounty program.

▫️ Arbitrum Stylus live on Arbitrum One & Nova, introduces Web Assembly VM for contracts in languages like Rust, compatible with EVM.

▫️ Base plans to increase the gas target by 1 Mgas/s weekly towards 1 Ggas/s goal.

▫️ Matter Labs (ZKsync) lays off ~16% of the team.

▫️ Unstoppable Domains expands to Ethereum Layer 2 Base.

▫️ Synthetix develops its own blockchain on Optimism’s Superchain infrastructure.

▫️ JOJO Exchange integrates Chainlink Data Streams on the Base mainnet.

▫️ Skyscanner integrates with Travala for hotel bookings in over 100 cryptocurrencies.

▫️ Euler v2 goes live, features modular lending and using vaults as collateral across vaults.

▫️ Unisat-backed Fractal Bitcoin launches on mainnet, uses BTC core code for scaling.

▫️ Mercuryo launches Spend, a virtual Mastercard for payments with non-custodial crypto.

▫️ Lextek v0 goes live on Base with on-chain legal forms, starting with SAFE & DEAL.

▫️ Snapshot v2 beta features a discussions view, delegate dashboard, and improved UX for voting/proposals.

▫️ Atomic launches exercise challenges on Base: stake USDC, log Strava workouts & claim stake.

▫️ Polymarket’s open interest surpasses $100M amid presidential election bets, Trump leads Harris by seven points.

▫️ Ethereum Foundation set to release financial report, holds roughly $650M in main wallet per Justin Drake.

▫️ Vitalik discusses glue & coprocessor architecture, balancing generality and efficiency between central units like EVM and precompiles.

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