Crypto News Weekly Recap 📰

Paradigm
Paradigm
Published in
2 min readOct 17, 2023

10th October — 17th October

▫️ The SEC has no plans to appeal the Grayscale spot Bitcoin ETF.

▫️ Bitcoin’s price experiences volatility on a Monday, spiking near $30,000 following false Bitcoin ETF news.

▫️ FTX settles customer property disputes to expedite bankruptcy proceedings.

▫️ HTX (formerly Huobi) stolen funds have been fully returned; the hacker returned all the funds.

▫️ Stars Arena’s hacker has returned 90% of the funds after the exploit, with the team confirming the return of 239,493 AVAX in exchange for a 10% bounty.

▫️ A Wise Lending exploit was front-run by MEV searcher c0ffeebabe.

▫️ Threshold tBTC vulnerabilities have been disclosed, including a DoS vector and a redemption mechanism design flaw.

▫️ Australia proposes crypto exchange regulation within existing laws.

▫️ Upbit obtains initial approval for a digital asset license in Singapore.

▫️ Fidelity Digital Assets becomes the first enterprise client of EY’s blockchain tool.

▫️ BlackRock used a tokenized money market fund as collateral in an OTC derivatives trade on JPMorgan’s Onyx platform.

▫️ The CFTC and FTC charge former Voyager CEO Stephen Ehrlich.

▫️ Tornado Cash compliance tool users are urged to help the defense of Alex Pertsev in the Netherlands.

▫️ Vitalik proposes staking design changes to give delegators the power to choose nodes and participate in consensus, aiming to improve decentralization and reduce consensus overhead.

▫️ Lido Finance faced a slashing penalty of more than $30,000.

▫️ The Lido Finance community voted to stop supporting Solana staking.

▫️ Uniswap announces a 0.15% fee to swap certain tokens on its web interface and wallet.

▫️ The Ethereum L2 Scroll went live on the mainnet.

▫️ Farcaster, a social network, is now permissionless on Optimism.

▫️ Native USDC tokens have gone live on Polygon.

▫️ The opBNB-based AI platform MyShell raises funds at a $57 million valuation.

▫️ Ferrari plans to accept cryptocurrency for luxury car purchases.

For more updates, join Paradigm on Medium, Twitter, Telegram, Telegram Chat, LinkedIn, and Reddit.

Read ‘Defi in Ether’ on LinkedIn, and me on Twitter 🦄🌈

--

--