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1. Dapper Labs agrees to $4M settlement in class action securities suit
-- NBA Top Shot Moments NFTs allegedly sold unregistered securities
-- The $4M settlement includes changes in business practices and relinquishing control over remaining FLOW tokens to ensure decentralization
2. Dubai financial regulator updates rules for crypto funds
-- Amendments include changes to token recognition fees, stablecoin criteria, and allowing limited investments in 'unrecognized tokens'
1. Bitcoin L2 Ark forms Ark Labs to build a competitor to Lightning Network
-- No need for users to maintain payment channels (like they have to in Lightning Network)
2. IOTA launches a L2 focused on real world asset tokenization
-- Key features: parallel processing, MEV protection, on-chain KYC, 1st DLT foundation registered under the Abu Dhabi Global Market
3. StarkWare launches $1M research fund for zero-knowledge Bitcoin scaling
4. Bridge protocol Connext rebrands to Everclear (source)
-- Architecture comprised of an optimistic rollup and a network of intent solvers
5. Alchemy introduces Alchemy Rollups (source)
-- A tool that enables developers to create and scale their own chains using rollups
1. Australia's 1st spot Bitcoin ETF goes live
-- Released by Monochrome Asset Management and trading on the Cboe Australia exchange
2. GnosisDAO spins off Karpatkey
-- Karpatkey provides treasury and risk management services to DAOs
3. Crypto exchange Kraken is seeking over $100M in pre-IPO funding
4. Franklin Templeton considers launching an altcoin fund targeting institutional investors
1. Kraken becomes 1st US exchange to list political meme tokens BODEN and TREMP
2. Paxos launches yield-generating stablecoin Lift Dollar (USDL)
-- Daily yield of ~5%, backed by US Treasury bonds, and regulated by the Abu Dhabi Global Market
3. On-chain notification service Notifi gaining traction
-- Coinbase Wallet and GMX using Notifi to send users automated alerts re: on-chain activities
4. Coinbase rolls out smart wallet
-- Developers can sponsor transactions to waive gas fees for users
-- Eliminates need for recovery phrases
5. Telegram has launched Telegram Stars
-- Stars are in-app tokens allowing users to buy digital goods and services on the platform
-- Can exchange Stars for Toncoin
1. Ironblocks launches security tool Firewall
-- A transaction blocking mechanism that allows developers to program a firewall at the smart contract-level
-- Already has notable users like Linea, AltLayer, and Kinto
2. Japanese exchange DMM Bitcoin hopes to raise $320M to reimburse users affected by recent hack
3. Hackers exploit Chrome plugin to steal millions from Binance accounts
-- A Chrome plugin called Aggr steals cookie data to bypass security measures and access users' Binance account
4. DEX Velocore suffers a $6.8M exploit
-- Hacker drained funds from Velocore's liquidity pools on zkSync Era and Linea blockchains
-- Linea halted block production to address the security exploit at the L2 level
-- The team has disabled the exploit, offered a bounty to the hacker for returning funds, and promised compensation to affected users
1. A framework to solve the verifier's dilemma (source)
2. Empirical analysis of arbitrage opportunities across rollups (source)
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