Crypto News Weekly Recap 📰

Paradigm
Paradigm
Published in
2 min readNov 21, 2023

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14th November — 21st November

▫️ International Organization of Securities Commissions releases recommendations for crypto regulation.

▫️ BlackRock and Fidelity both filed for spot Ethereum ETFs with the SEC.

▫️ SEC delays Hashdex Nasdaq Ethereum ETF application to next year.

▫️ Terraform Labs, creator of the Terra/Luna ecosystem, made its first major acquisition after the exit of Do Kwon.

▫️ South Korea’s pension fund bought millions of Coinbase shares.

▫️ Major companies like Microsoft and Tencent joined Infura Network.

▫️ Taiwanese trading firm Kronos Research hacked for an estimated $25 million.

▫️ Randstorm revealed a BitcoinJS vulnerability, affecting wallets from 2011–2015.

▫️ Aave rebranded to Avara, acquiring the software developer behind Ethereum wallet Family.

▫️ Opyn co-founders stepped down due to CFTC action.

▫️ Australia updated its capital gains tax to include wrapped tokens and DeFi.

▫️ Sushi is expanding to ZetaChain to support Bitcoin natively.

▫️ Cboe is launching margined Bitcoin and Ether futures in January.

▫️ Taproot Wizards raised $7.5M for its Ordinals project.

▫️ Kinto closed a $5M funding round for its “First KYC’d” L2 network.

▫️ Glacier Network secured $2.9M seed funding for programmable data composability.

▫️ Uniblock raised $2.3M, and Napier Finance raised $1M for the Curve ecosystem.

▫️ Binance to start a crypto exchange in Thailand through a joint venture with Gulf Energy.

▫️ Coinbase introduced ‘Onchain Payment Protocol’ on Ethereum, Polygon, and Base.

▫️ Singapore grants in-principle approval for StraitsX SGD & USD and Paxos USD stablecoins.

▫️ An upcoming Disney NFT platform revealed by Dapper Labs, featuring brands like Star Wars and Pixar.

▫️ Mutant Ape Planet NFT creator pled guilty to conspiring to commit wire fraud in a rug pull.

▫️ Gitcoin Grants matching updated; Passport score of 15 gives a 50% match, 25+ gives a full match.

▫️ EigenLayer aims to enable staking with operators of the data availability layer in H1 2024.

▫️ Jupiter unveils an airdrop to over 950,000 wallets on Solana.

▫️ Internet Computer app OpenChat to test facial recognition.

▫️ EF’s Next Billion fellowship cohort 4; applications close on January 15.

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