Bitget will implement mandatory KYC for users on September 1. According to the blog post starting from September 1, new users must complete level-one KYC verification to deposit/trade. Registered users must complete KYC before October 1.
Balancer Labs received a report of a critical vulnerability affecting a number of pools. The team was able to mitigate over 80% of these; the remaining funds at risk represent about 4% of Balancer TVL. Users are advised to withdraw affected LPs immediately.
10 blockchain-based projects you can keep an eye on.
Solana Pay, a decentralized payment protocol by Solana Labs, has integrated its plug-in with Shopify, allowing millions businesses on its platform to use it for payments. USDC will be the initial payment option for this integration.
A list of investors with the most crypto unicorns in their portfolios. Only public available rounds among tradable assets with current valuation above $1B and valuation below $1B during fundraising were analysed. Unicorn is the status of the company with $1B+ valuation.
MetaMask has integrated Hashflow’s liquidity into their Swaps feature. DEX traders will have access to optimized swap prices through Hashflow’s request-for-quote model.
Grayscale has won their lawsuit against the SEC regarding their Bitcoin spot ETF. The U.S. District of Columbia Court of Appeals ruled that the Securities and Exchange Commission (SEC) has wrongly rejected an application from crypto asset manager Grayscale Investments to list an exchange-traded fund that tracks the price of bitcoin.
Binance will gradually delist BUSD spot and margin trading pairs till February 2024. On September 7th Binance will suspend BUSD borrowings on Cross Margin and suspend withdrawals of BUSD tokens via BNB Chain, Avalanche, Polygon and Tron networks. Deposits and withdrawals of BUSD (ERC-20) tokens via Ethereum network will continue to be supported until further notice.
Bitcoin monthly returns: 2011-2023. Bitcoin is down around 11% in August.
Top 20 most discussed cryptocurrencies on Twitter in August 2023. In the chart below you can find a share of mentions of each coin among top 150 coins by market cap.
Some of the recent private fundraising events among blockchain startups you should know about. August 2023, part 3.
Dusk Network has released its updated roadmap today. Mainnet rollout is scheduled for March, 2024.
Web traffic to crypto exchanges in August 2023. According to the data from SimilarWeb in August a cumulative web traffic to cryptocurrency exchanges has remained at the same level.
Some of the recent private fundraising events among blockchain startups you should know about. September 2023, part 1.
According to CyversAlerts CoinEx seems to have been hacked atm. Around $28M being drained so far on ETH, TRON, Polygon. If you have funds there withdraw immediately.
Coinbase lists VeChain (VET) and VeThor (VTHO) on September 13. Trading will begin on or after 9:30 AM PT on 13 Sept 2023, if liquidity conditions are met.
opBNB Mainnet is going live on September 13. opBNB, an Ethereum Virtual Machine (EVM)-compatible Layer 2 chain based on Optimism OP Stack.
Huobi Exchange to undergo rebranding and will rename itself to HTX. Huobi’s official Twitter and Telegram accounts have been changed to HTX already.
ClayStack is launching the first DVT-based Ethereum Liquid Staking. According to the blog post ClayStack will incentivize early participants in CLAY token through Initial Governance Diversification program. 5% of the token supply has been reserved for this activity.
Some of the recent private fundraising events among blockchain startups you should know about. September 2023, part 2.
Crypto startup Bastion raises $25M in funding round led by a16z crypto. An Andreessen Horowitz-backed startup bent on bringing blockchain technology to the corporate world has managed to raise new funds, despite the bear market in digital assets. Investors also include Nomura Group’s Laser Digital Ventures, Robot Ventures and crypto influencer Packy McCormick’s Not Boring Capital, among others.
