Crypto News Weekly Recap 📰

Paradigm
Paradigm
Published in
2 min readJan 23, 2024

16th January — 23rd January

▫️ Bitcoin ETFs have accumulated nearly $4 billion in assets.

▫️ The EU reaches a provisional agreement on Anti-Money Laundering (AML) regulations, requiring customer due diligence for crypto transactions exceeding €1,000.

▫️ China forms a metaverse working group with companies like Huawei, Tencent, Ant Group, and others.

▫️ Socket and Bungee restart operations after a $3.3 million exploit.

▫️ MetaMask introduces an Ethereum validator staking feature, powered by ConsenSys.

▫️ Ethereum developers implement the Dencun upgrade on the Goerli testnet.

▫️ Chainlink collaborates with Circle to introduce cross-chain stablecoin transfers.

▫️ Manta replaces Base as the fourth-largest scaling solution.

▫️ Dagon (DAO singleton) goes live on mainnet & Optimism, adding weighted token voting to any account.

▫️ WalletConnect introduces the Web3Inbox app for its wallet.

▫️ Delphi Labs introduces the Asteroid protocol, enabling inscriptions on Cosmos.

▫️ Conflux introduces its EVM-compatible Bitcoin Layer 2 solution.

▫️ AltLayer announces the token launch of $ALT on Binance.

▫️ Kiln raises $17 million in the latest funding round to expand its crypto staking platform.

▫️ Crypto exchange WOO X raises $9 million to improve liquidity.

▫️ 0xScope V2 is launched with a new AI data layer focus and secures a new $5 million funding round.

▫️ Renzo, an EigenLayer-based restaking protocol valued at $25 million, raises $3.2 million in seed funding.

▫️ GameStop’s NFT marketplace is shutting down on February 2 due to regulatory uncertainty.

▫️ Donald Trump states he will ‘never allow’ Central Bank Digital Currency (CBDC) issuance if elected.

--

--