13/02/2023
Weekly news summary:
The last week has been packed with news! Let’s look back at the most critical developments in the and space.
The crypto market recovery has abruptly halted - at least for now. fell back to about $21,500, $ETH to $1,500. Still, some narratives, like AI, are performing well.
The SEC is continuing to crack down on offerings. On Thursday, the agency announced a settlement with , who agreed to pay a $30 million fine for not registering their staking-as-a-service program, which they also have to discontinue.
https://www.bloomberg.com/news/articles/2023-02-09/crypto-exchange-kraken-ends-staking-program-in-sec-settlement
In order to pay its creditors, plans to sell . Additionally, they also reached an $100M agreement with regarding their Earn program.
https://www.coindesk.com/business/2023/02/10/genesis-unveils-proposed-sale-plan-with-dcg-bankruptcy-creditors/
launched its long awaited dollar-pegged stablecoin $GHO on ’s Goerli testnet. $GHO is meant to be fully decentralised and over-collateralised.
https://blockworks.co/news/aave-stablecoin-on-ethereum-testnet
The biggest decentralised exchange is going to expand towards . Despite headwinds from major stakeholder , Uniswap gov holders approved the plans to deploy Uniswap’s V3 on “BNBChain using as its cross-chain bridge.
https://thenewscrypto.com/uniswap-dao-votes-in-favor-of-bnb-chain-deployment/
The popular P2P marketplace closed their operations after 10 years in the market.
https://cointelegraph.com/news/localbitcoins-closes-down-the-p2p-crypto-exchange-service
Through a Taproot soft fork, suddenly found their way to . More and more projects are addressing this new market, with leading the way - a limited collection of 100 pieces inspired by .
https://decrypt.co/120969/hottest-bitcoin-nfts-right-now-cryptopunks-clones
are coming to one of the most renowned museums in the world, the Centre Pompidou in Paris. The museum plans a new exhibition featuring popular NFTs such as CryptoPunks or Autoglyphs and art from 12 other digital creators.
https://decrypt.co/121106/major-paris-art-museum-show-cryptopunks-autoglyphs-nfts
That’s a wrap for this week!
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