This week, we dive into the world of Blockchain to explore the latest trends and developments. From the newest regulations to cutting-edge projects, get ready to stay up to date.
Technology
HDFC Bank signs up over 100,000 customers in digital rupee pilots
https://www.reuters.com/business/finance/hdfc-bank-signs-up-over-100000-customers-digital-rupee-pilots-2023-07-13/
EU watchdog calls for early adoption of stablecoin standards
https://www.reuters.com/technology/eu-watchdog-calls-early-adoptionstablecoin-standards-2023-07-12/
Cboe exchange to partner with Coinbase on bitcoin market surveillance in ETF push
https://www.reuters.com/technology/cboe-exchange-partner-with-coinbasebitcoin-market-surveillance-etf-push-2023-07-11/
India central bank calls on more lenders to offer digital rupee
https://www.reuters.com/markets/currencies/india-cenbank-calls-more-lendersoffer-digital-rupee-sources-2023-07-12/
Japan’s Sumitomo Mitsui launches US digital bank
https://www.reuters.com/business/finance/japans-sumitomo-mitsui-launches-usdigital-bank-2023-07-12/
Cryptoverse: Hungry exchanges fight for slice of American pie
https://www.reuters.com/business/finance/cryptoverse-hungry-exchanges-fightslice-american-pie-2023-07-11/
UK watchdog shuts more illegal cryptocurrency ‘machines’
https://www.reuters.com/technology/uk-watchdog-shuts-more-illegalcryptocurrency-machines-2023-07-10/
Celsius Moves $64M in LINK, MATIC, AAVE and Altcoins Following Court Permission to Sell Tokens
https://finance.yahoo.com/news/celsius-moves-64m-matic-aave-205746966.html
Gamers can now earn Bitcoin rewards on Minecraft via Zebedee
https://finance.yahoo.com/news/gamers-now-earn-bitcoin-rewards130032967.html
Crypto
This Week in Coins: XRP Leads Alt Week as Solana, Cardano and Polygon Outperform Bitcoin and Ethereum
https://finance.yahoo.com/news/week-coins-xrp-leads-alt-163042331.html
XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge
https://finance.yahoo.com/news/xrp-overtakes-bnb-become-4th-062257994.html
Explainer: What makes a crypto asset a security in the US?
https://www.reuters.com/technology/what-makes-crypto-asset-security-us-2023-07-14/
Analysis: Partnering with Coinbase could hinder bid for bitcoin ETF approval
https://www.reuters.com/technology/partnering-with-coinbase-could-hinder-bidbitcoin-etf-approval-2023-07-13/
Hedge funds grow more cautious on crypto after turmoil
https://www.reuters.com/markets/hedge-funds-grow-more-cautious-crypto-afterturmoil-2023-07-11/
Russia to start piloting ‘digital rouble’ in August, Interfax reports
https://www.reuters.com/markets/currencies/russia-start-piloting-digital-roubleaugust-interfax-2023-07-11/
India central bank eyes one million digital currency transactions daily by yearend, deputy governor says
https://www.reuters.com/markets/currencies/india-cenbank-eyes-one-mln-digitalcurrency-transactions-daily-by-year-end-2023-07-11/
SEC’s Crypto Strategy Stumbles in Ripple Case
https://www.wsj.com/articles/secs-strategy-for-regulating-crypto-stumbles-inripple-case-a003c057
Binance Lays Off Over 1,000 Employees
https://www.wsj.com/articles/binance-lays-off-over-1-000-employees-d59ff6ad
Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs
https://www.wsj.com/articles/bitcoin-coinbase-are-soaring-despite-obstaclesfacing-spot-bitcoin-etfs-d028ddab
NFT
Le Clu3 Brings NFT-Based Loyalty Perks to Private Banking
https://finance.yahoo.com/news/le-clu3-brings-nft-based-194905910.html
NFT Lender Gondi Goes Live, Raises $5.3M Round Led by Hack.vc
https://finance.yahoo.com/news/nft-lender-gondi-goes-live-130000531.html
Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions
https://finance.yahoo.com/news/bitcoin-nfts-back-spotlight-ordinals071719879.html
Google Play Amends Guidelines for NFT App Integration
https://nftplazas.com/google-play-nft/
The Machines Arena Levels Up – Debuts Season 1 on Epic Games
https://nftplazas.com/the-machines-arena-season-1/
7-Eleven Dispenses a New Flavor of NFTs via Digital Slurpees
https://nftplazas.com/7-eleven-nfts/
Starbucks Roasts New Odyssey NFTs with MLB’s Micah Johnson
https://nftplazas.com/starbucks-odyssey-nfts/
June Monthly NFT Report in Collaboration with Footprint Analytics
https://nftplazas.com/june-monthly-nft-report/
NFT recovery or new bottom discovery?
https://forkast.news/nft-recovery-or-new-bottom-discovery/
Google Play Changes Policy on Tokenized Digital Assets, Allowing NFTs in Apps and Games
https://www.coindesk.com/web3/2023/07/12/google-play-changes-policy-ontokenized-digital-assets-allowing-nfts-in-apps-and-games/
Metaverse
Decentraland Pre-Built Scenes Ease Creators into the Metaverse
https://nftplazas.com/decentraland-pre-built-scenes/
The Sandbox Breaks New Ground with Upcoming Publishing Feature
https://nftplazas.com/the-sandbox-publishing-feature/
Why culture and ownership are critical to the metaverse: Opinion
https://forkast.news/why-culture-ownership-critical-to-metaverse/
Is the Metaverse a ‘Global Panopticon’?
https://www.coindesk.com/consensus-magazine/2023/07/14/is-the-metaverse-aglobal-panopticon/
UK’s New Online Safety Bill Applies to the Metaverse, Lawmakers Agree
https://www.coindesk.com/policy/2023/07/13/uks-new-online-safety-bill-appliesto-the-metaverse-lawmakers-agree/
What to Expect From EU’s Metaverse Strategy
https://www.coindesk.com/video/what-to-expect-from-eus-metaverse-strategy/
Cyber Crimes
Crypto ransom attacks rise in first half of 2023, Chainalysis says
https://www.reuters.com/technology/crypto-ransom-attacks-rise-first-half-2023-chainalysis-2023-07-12/
The Gutter Cat Gang Rocked by Two-Pronged Twitter Hack
https://nftplazas.com/gutter-cat-gang-hack/
AI Tool WormGPT Enables Convincing Fake Emails For BEC Attacks
https://www.infosecurity-magazine.com/news/wormgpt-fake-emails-bec-attacks/
New Threat Actor Launches Cyber-attacks on Ukraine and Poland
https://www.infosecurity-magazine.com/news/cyber-attacks-ukraine-poland/
LokiBot Malware Targets Windows Users in Office Document Attacks
https://www.infosecurity-magazine.com/news/lokibot-malware-targets-windows/
Web3 News
Headlines of the Week:
- Standard Chartered boosts 2024 bitcoin forecast to $120,000 (Reuters)
- Bitcoin hovers near 13-month high as investors cheer Ripple ruling
(Reuters) - Binance Labs Invests $15M in Web3 Gaming Startup Xterio
(YahooFinance) - Dan Harmon’s Web3 TV Show ‘Krapopolis’ Finally Gets Premiere Date
(YahooFinance) - Puma, Legitimate, and Roc Nation Team up for Stylish Sneaker Drop
(NFTPlazas) - Wolf Game Leads the Pack with Three Thrilling P2E Mini-Games
(NFTPlazas) - EU’s Metaverse Vision Focuses on Standards and Governance for Virtual
Worlds (CoinDesk) - Digital Toy Company Cryptoys Integrating Kid-Friendly AI Chatbot Into
NFTs (CoinDesk)
This Week in the Market: (CoinMarketcap)
- The global crypto market cap is $1.22T, a 0.14% Decrease over the last Day
- Bitcoin is at $30,319.26 and is Up 0.14% over the last 7 days
- Ethereum is at $1,932.86 and is Up 3.42% over the last 7 days
- BNB is at $250.29 and is Up 6.57% over the last 7 days
- XRP is at $0.7497 and is Up 59.68% over the last 7 days
Key Dates/Events
- 17 July – 20 July – Ethereum Community Conference (EthCC)
- 07 September – 08 September – BlackSeaChain
- 11 September – 13 September – Permissionless 2023
Accounts to Follow
This week we have @sharecrypto, ShareCrypto is a good general resource that tracks the biggest stories in crypto news. This includes significant Bitcoin (BTC) price movements and industry updates, like Coinbase’s legal battle with the SEC. What makes ShareCrypto stand out is the depth and variety of its highlights. Just above their image feed, the account shares a wealth of information and recommends top crypto hardware wallets, exchanges, and services.
