Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between October 22nd and October 29th, 2023.
Welcome to the 167th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between October 22nd and October 29th, 2023.
🔥 The DeFi Bulletin
The IRS is proposing that crypto service providers may need to collect data on their users, including names and Social Security numbers.
Congressmen Cynthia Lummis and French Hill have urged the DOJ to decide whether or not to charge Binance and Tether for aiding Hamas.
PetroChina completed its first international crude oil trade in the digital Yuan ($e-CNY).
Walmart and Outlier Ventures have joined together to create a web3 accelerator, Store Nº8 Base Camp.
Marinade, Solana’s largest protocol, began to block UK users over FCA compliance concerns.
Uniswap’s DAO proposed investing $12M $UNI into Ekubo in exchange for a 20% share in Ekubo’s governance.
dYdX open-sourced its V4 code ahead of its transition to a Cosmos blockchain.
dYdX later launched on the mainnet as a standalone Cosmos L1. The chain later made plans to distribute network fees to validators and stakers.
CoinGecko released its Q3 crypto industry report.
VanEck released its valuation predictions for Solana by 2030.
Neo announced plans for Ethereum compatibility using a sidechain.
Sense Finance announced the sunset of Sense’s protocol and the open sourcing of its UI.
Nocturne Labs, a privacy protocol firm, raised $6M in funding.
Thanks for reading, and be sure to catch the 168th issue of The Defiprime Post out this time next week! 👋