ICODROPS WEEKLY NEWS DIGEST
ICODROPS
Last week's Hot Altcoin events
⚡️HUSD stablecoin temporarily lost USD peg due to "the decision to close several accounts in specific regions to comply with legal requirements, which included some market maker accounts."
⚡️Gnosis plans to distribute 50 million SAFE tokens.
⚡️CME Group plans to launch options on Ether futures on September 12, pending regulatory review.
⚡️Binance obtains In-Principle Approval from AFSA to operate in Kazakhstan.
⚡️Crypto.com has signed a Pre-Registration Undertaking with the Ontario Securities Commission (OSC) in Canada.
Crypto.com has been granted a licence to operate in the UK by the Financial Conduct Authority.
⚡️Galaxy Digital has terminated its acquisition of crypto custodian BitGo.
BitGo says it will seek over $100 million after Galaxy moves to end acquisition.
⚡️The European Union is poised to create a brand new regulator with direct crypto oversight.
⚡️PayPal has added support for cryptocurrencies. Now you can use the app to buy, transfer, and sell cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
⚡️CoinFund, a crypto-specific investment firm, inaugurated a $300 million venture capital fund to back early-stage blockchain projects.
⚡️Shima Capital has raised $200 million for its first venture capital fund to support early-stage Web3 startups.
Investors in the new fund included Dragonfly, hedge fund billionaire Bill Ackman, blockchain game maker and investment firm Animoca Brands, crypto wallet OKX, Mirana Ventures, Republic Capital, CoinDesk parent Digital Currency Group and entrepreneur and former U.S. presidential candidate Andrew Yang, among others.
⚡️Web3 venture studio SuperLayer has announced a new $25 million fund led by anchor investor and strategic partner Polygon.
⚡️Venture capital firm Dragonfly has acquired MetaStable Capital, one of the oldest crypto investment funds, for an undisclosed amount.
Dragonfly has also dropped the “Capital” from its name and has adopted a new logo as part of a rebrand to lean into its crypto focus.
⚡️Tether has partnered with BDO Italia, the Italian arm of the world's fifth largest accounting firm, to issue assurance and attestation reports of its reserves.
⚡️Cryptocurrency exchange Huobi Global will stop offering derivatives trading services to users in New Zealand starting next week.
⚡️Celer Network suffered potential DNS hijacking of cbridge frontend.
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🚀ICOs/IEOs news
💰Node Capital and Digital Currency Group (DCG) co-led a $5 million pre-seed funding round for dWallet Labs, a blockchain security firm developing projects for the Odsy Network, a new layer 1 blockchain focused on decentralized crypto wallets with customizable access permissions.
Other participants in the funding round included Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Ventures, Lemnsicap, Heroic Ventures, Impatient Ventures, Zero Knowledge, Dispersion Capital, Token Bay Capital, Tykhe Block Ventures, Cerulean Ventures and Earl Grey Capital, among others.
🤝Bounce has announced a partnership with Gear, a next-generation WebAssembly smart contract platform.
By leveraging Gear’s infrastructure, any user will now be able to launch any application that Bounce Finance offers across multiple blockchains.
🤝Symbiosis has announced the upcoming collaboration with Telos, a blockchain platform.
📌1inch integrates with Aurora.
Thanks to the integration, 1inch users will be able to access a number of DEXes on Aurora.
📌Elrond has introduced Elrond Giants’ open source toolkit for the Elrond ecosystem.
📌Elrond has announced that Guardarian, the regulated and EU-licensed fiat gateway, has added native EGLD support into its services.
📈Coinbase and Coinbase Pro have listed Celer Network (CELR).
📈Binance Futures has launched USDT-margined INJ perpetual contracts with up to 25x leverage.
📈Binance Futures has launched coin-margined CHZ perpetual contracts with up to 20x leverage.
📈Binance has listed Stargate (STG).
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