With a new week comes more news! From Britain PM election to Metaverse 2 surge line up, check out what happened Last Week in Blockchain space!
Technology
JPMorgan executes first DeFi trade on a public blockchain: Finance Redefined
https://cointelegraph.com/news/jp-morgan-executes-first-defi-trade-on-a-public-blockchain-finance-redefined
Saying ‘not financial advice’ won’t keep you out of jail — Crypto lawyers
https://cointelegraph.com/news/saying-not-financial-advice-won-t-keep-you-out-of-jail-crypto-lawyers
Fidelity Launches a New Commission-Free Crypto Trading Product
https://blockchain.news/news/fidelity-launches-a-new-commission-free-crypto-trading-product
How to transfer $1 billion for basically free: Bitcoin whale watching
https://cointelegraph.com/news/how-to-transfer-1-billion-for-basically-free-bitcoin-whale-watching
Goldman Sachs to Launch Data Service to Classify Digital Assets
https://blockchain.news/news/goldman-sachs-to-launch-data-service-to-classify-digital-assets
Swiss Startup dua.com with 5M+ users officially lists on AllianceBlock Fundrs platform
https://blockchain.news/news/swiss-startup-dua.com-with-5m-users-officially-lists-on-allianceblock-fundrs-platform
Crypto
Is Bitcoin bullish or nah? Here is what is really going on with BTC price
https://cointelegraph.com/news/is-bitcoin-bullish-or-nah-here-is-what-is-really-going-on-with-btc-price
Why is Bitcoin price up today?
https://cointelegraph.com/news/why-is-bitcoin-price-up-today
IRS prepares for an increase in crypto cases in the upcoming tax season
https://cointelegraph.com/news/irs-prepares-for-an-increase-in-crypto-cases-in-the-upcoming-tax-season
IRS is Developing ‘Hundreds’ of Crypto Cases Amid Upcoming Tax Season
https://blockchain.news/news/irs-is-developing-hundreds-of-crypto-cases-amid-upcoming-tax-season
Why are institutions accumulating crypto in 2022? Fidelity researcher explains
https://cointelegraph.com/news/why-are-institutions-accumulating-crypto-in-2022-
fidelity-researcher-explains
Bitcoin seller exhaustion hits 4-year low in ‘typical’ bear market move
https://cointelegraph.com/news/bitcoin-seller-exhaustion-hits-4-year-low-in-typical-bear-market-move
Canada’s Federal Government Begins Consultations on Digital Currency
https://blockchain.news/news/canadas-federal-government-begins-consultations-on-digital-currency
Union Bank of the Philippines launches Bitcoin and Ethereum trading
https://cointelegraph.com/news/union-bank-of-the-philippines-launches-bitcoin-and-ethereum-trading
Santander Imposes Limit on Crypto Transactions for UK Customers
https://blockchain.news/news/santander-imposes-limit-on-crypto-transactions-for-uk-customers
Is Bitcoin Gearing Up to Exit the Current Bottom?
https://blockchain.news/news/is-bitcoin-gearing-up-to-exit-the-current-bottom
NFT
Visa Launches a Special NFT Auction Ahead of FIFA World Cup in Qatar
https://blockchain.news/news/visa-launches-a-special-nft-auction-ahead-of-fifa-world-cup-in-qatar
Tattoo industry expands into the NFT space amid digital culture shift
https://cointelegraph.com/news/tattoo-industry-expands-into-the-nft-space-amid-digital-culture-shift
Meta Mask rolls out NFT portfolio value tracker with new partnership
https://cointelegraph.com/news/metamask-rolls-out-nft-portfolio-value-tracker-with-new-partnership
Boson Protocol Launches Redeemable NFTs For Real World Assets
https://blockchain.news/news/boson-protocol-launches-redeemable-nfts-for-real-world-assets
Nifty News: GameStop NFT market goes live, Hong Kong’s NFT concept and more
https://cointelegraph.com/news/nifty-news-gamestop-nft-market-goes-live-hong-kong-s-nft-concept-and-more
Instagram to Run Polygon-backed NFT Marketplace
https://blockchain.news/news/instagram-to-run-polygon-backed-nft-marketplace
UK Parliament Committee Set Out Inquiry Into Risks and Benefits of NFTs
https://blockchain.news/news/uk-parliament-committee-set-out-inquiry-into-risks-and-benefits-of-nfts
Cyber Crimes
Black Basta Ransomware Attacks Linked to FIN7 Threat Actor
https://www.infosecurity-magazine.com/news/black-basta-linked-to-fin7-threat/
World’s Most Expensive Observatory Floored by Cyber-Attack
https://www.infosecurity-magazine.com/news/worlds-most-expensive-observatory/
Cyber Threat Landscape Shaped by Ukraine Conflict, ENISA Report Reveals
https://www.infosecurity-magazine.com/news/enisa-threat-landscape-2022/
Zurich and Mondelez Reach Not Petya Settlement, but Cyber-Risk May Increase
https://www.infosecurity-magazine.com/news/notpetya-settlement-may-increase/
“Disturbing” Rise in Nation State Activity, Microsoft Reports
https://www.infosecurity-magazine.com/news/disturbing-nation-state-attacks/
Metaverse
Come one, come all! Meta to bring NFT minting and trading to Instagram
https://cointelegraph.com/news/come-one-come-all-meta-to-bring-nft-minting-and-trading-to-instagram
Meta Mask Is Bullish on Web3 Gaming
https://blockworks.co/metamask-is-bullish-on-web3-gaming/
Crypto Metaverse Activity Jumps, Converting to Price Gains
https://blockworks.co/crypto-metaverse-sandbox-decentraland-activity-jumps-price-gains/
Art Gobblers, Reddit NFTs and Other Winners of October’s NFT Market
https://blockworks.co/art-gobblers-reddit-nfts-and-other-winners-of-october-nft-market/
Web3 News
Headlines of the Week:
- Decentralized gaming IDs provide another avenue of interoperability in Web3
(CoinTelegraph) - China Plays Top Crypto Whale, Followed By US: Sources (BlockchainNews)
- Riddle&Code ignites the fourth industrial revolution by easily onboarding any
machine onto Web3 (BlockchainNews) - South Korean Regulators to Harden Punishments for Crypto Fraud Practices
(BlockchainNews) - Hong Kong Outlines New Rules For Crypto Futures ETF Issuers
(BlockchainNews) - Ethereum is Getting Closed to Being Completely Censored Because of
OFAC Regulations (BlockchainNews) - Zksync 2.0 Goes Live, Promises Lower Gas Fees, Faster Transactions on
Ethereum Mainnet (BlockchainNews)
This Week in the Market: (coinmarketcap)
- The global crypto market cap is $1.05T, a 0.85% decrease over the last day
- Bitcoin is at $21,242.76 and is up 2.24% over the last 7 days
- Ethereum is at $1,617.20 and is up 0.05% over the last 7 days
- BNB is at $348.16 and is up 14.48% over the last 7 days
Key Dates/Events
- 9 November – 10 November – Token 2049 London
- 10 November – 11 November – Blockchain for Governance
- 14 November – 16 November – Istanbul Blockchain Week
Accounts to Follow
This week we have Crypto Explorer, an Instagram account run by an anonymous team of crypto enthusiasts. With engaging media and a range of topics concerning the growth of
cryptocurrency, Crypto Explorer easily gained an audience of over 642,000 followers. Their
account is a gold mine of insights on stocks, market value, and NFTs.
