28th November — 5th December
▫️ Bitcoin briefly surged past $42,000, returning to levels seen before the Terra crash.
▫️ SEC Commissioner Peirce advocates for increased efficiency in the agency’s approach to regulating crypto.
▫️ Circle refutes baseless claims made by Elizabeth Warren regarding illicit financing and banking by Justin Sun.
▫️ BlackRock and Bitwise have updated their S-1 filings for spot bitcoin ETFs with the Securities and Exchange Commission.
▫️ A SIM swapper has been sentenced to 8 years in prison.
▫️ Velodrome and Aerodrome faced front-end attacks, with a similar incident occurring on December 2nd.
▫️ In November, $343 million was lost to crypto hacks and fraud cases, according to Immunefi.
▫️ KyberSwap successfully recovered $4.7 million in funds following a recent exploit.
▫️ StakeWise v3 is now live on the mainnet, offering a marketplace for staking offers, allowing node operators and stakers to mint LSD.
▫️ Mantle has launched its liquid staking protocol on the Ethereum mainnet.
▫️ The dYdX chain has commenced paying trading rewards to validators and stakers following the full trading launch on the protocol.
▫️ Almost 80% of NFT trading volume is dominated by Blur as market activity experiences a spike.
▫️ The Arbitrum DAO has approved a $23 million ‘backfund’ for projects that missed the initial grant.
▫️ Polygon POS proposes an increase in the max contract size from 24kb to 32kb.
▫️ Gitcoin Grants 19 has concluded, with $600,000 donated and 45,000 donors.
▫️ Coinchange, a yield platform, has closed a $10 million funding round.
▫️ Grove, an infrastructure provider, has announced a $7.9 million funding round.
▫️ MYX raised $5 million in seed funding, with the round led by Sequoia China.
▫️ Setter, a consumer app, secured $5 million in seed funding.
