1. G20 leaders agree to implement a cross-border framework for crypto assets called the Crypto-Asset Reporting Framework (CARF)
-- Would start facilitating information exchange between countries in 2027
-- Requires crypto transactions to be accompanied by the name of the beneficiary, their distributed ledger address, and their account number
2. Blockchain Association responds to IRS/Treasury Dept's request for crypto tax guidance
-- Proposes the establishment of a de minimis threshold
-- Opposes digital asset mining excise tax proposed by the Biden administration
3. The Financial Accounting Standards Board (FASB) votes in favor of using fair-value accounting for cryptocurrencies
-- Meaning companies can show gains and losses immediately on their income statements
4. CFTC orders Opyn, Deridex, and 0x to cease violations and pay penalties
-- Charged with offering illegal derivatives trading
-- Companies mentioned are cooperating with the CFTC
5. Former FTX executive Ryan Salame will plead guilty to charges
-- Allegedly handled FTX's political donations, which included substantial donations to Republican candidates
1. Base suffers 1st major outage since its launch with block production stalling for 45 minutes
-- Coinbase identified the issue and implemented the fix
2. ConsenSys-owned Infura plans to kickstart progressive decentralization efforts in 2023
-- Will go through a "federated phase" before transitioning to full-blown decentralization
3. Oracle provider Chronicle to expand outside MakerDAO ecosystem with new protocol
-- New protocol will service various networks, use an estimated 60% less gas fees compared to other providers, and feature a dashboard to track the origin of any data
4. Crypto infra provider Qredo lays off 50 employees
1. Regulated Liability Network ready to pursue a proof of concept for a retail CBDC
-- Seeks to accommodate central bank, commercial bank, and regulated non-bank transactions on a single network
2. MetaMask releases new features: staking marketplace, ability to sell Ether for fiat
3. USDC launches on Optimism and Base
4. Visa rolls out support for USDC payments settled on Solana
-- Also started pilot programs with merchant acquirers Worldpay and Nuvei, allowing their clients to settle payments in USDC
5. World Federation of Exchanges releases report on crypto exchanges
-- Found that 40% of crypto exchanges are decentralized
-- Noted that retail investors are more interested in NFTs and stablecoins, while institutional investors are more likely to demand security tokens and custody services
-- Survey was conducted before the collapse of FTX
6. Coinbase launches crypto lending platform for institutional investors in the US
-- Allows investors to borrow digital assets from Coinbase under standardized terms
7. London Stock Exchange exploring the use of blockchain tech to improve the trading process for traditional assets
-- In talks with U.K. government to create a separate entity for the blockchain-based markets business
8. Haun Ventures hires Suzanne Kim as Partner
-- Will help LPs understand the firm's investments, regulations, and crypto technology
9. Bybit releases TradeGPT, a crypto trading tool powered by OpenAI
10. Genesis Global Trading to shut down its US-focused OTC trading platform on Sep 18
-- GGC International Limited will continue to run its spot and derivative trading services
11. Korean commercial bank Hana Bank enters crypto custody business in partnership with BitGo
12. Binance's Head of Product departs, citing need for time off from work
1. Weibo cracks down on crypto influencers
-- Removed a total of 12k accounts
-- Deleted 51k crypto promotion posts
2. Google updates ads policy to allow for NFT gaming ads
3. NounsDAO heads toward treasury split after NFT holders rally for 'rage quit'
-- Holders with 25% of all NFTs called for a "fork" to take their share of the project's ether tokens with them
4. Reddit releases NFL-themed NFT avatars
5. Binance NFT ending support for Polygon Network and its NFT staking program for The Sandbox
6. Casio to release a NFT-based collection of community passes
7. DFZ Labs, creator of the DeadFellaz NFT brand, leveraging Unity's professional services to develop digital trading card game
8. NFT videos platform Glass shuts down due to lack of product demand
1. Crypto casino Stake hacked for $41M
-- FBI confirms Lazarus Group was behind the attack
2. Vitalik Buterin's X account hacked
-- Hacker shared a malicious link to an alleged free commemorative NFT
-- Lead to victims losing over $691k
3. Co-Founders of Gala Games suing each other
-- Accusations of token theft and mismanagement
4. Connext airdrop marred by $38k Sybil bot attack
-- The wallet reportedly spammed a high number of requests, taking the airdrop user interface offline
5. Founder of Turkish crypto exchange Thodex sentenced to over 11,000 years in prison
-- Over 400,000 users were left in the dark after the exchange went offline in April 2021, with $2 billion in cryptocurrencies inaccessible
1. Vitalik Buterin: Blockchain privacy and regulatory compliance - towards a practical equilibrium (source)
-- Use of zero-knowledge proofs to build privacy-preserving, regulatory-compliant mixing pools
2. Block generation protocol to synchronously process cross-shard transactions in state sharding (source)
-- Problem: repeated execution of cross-shard transactions (CSTXs) with state inconsistencies can cause continuous rollback
-- Solution: a protocol that incorporates all the state changes of each CSTX into the same block by coordinating the block prior to approving transactions in each shard
3. An overview of account abstraction (source)
4. Empirical review of smart contract and DeFi security: vulnerability detection and automated repair (source)
-- Provides a taxonomy for DeFi attacks
-- Evaluates the effectiveness of smart contract vulnerability detection tools
-- Includes an annotated dataset that matches 99 DeFi protocols with attack type
5. How much should miners pay for mining pools? (source)
-- Determines how much miners should pay for entering mining pools, with the goal of maximizing the returns from participation
6. Private and compliable cryptocurrency exchange (source)
-- Use of zero-knowledge proofs to preserve user privacy
7. Liquid democracy in DPoS blockchains (source)
-- Provides a framework to analyze decentralized governance mechanisms with liquid democracy
-- Deconstructs liquid democracy into 3 interrelated components: delegation operations, delegation chains, and delegation networks
8. Enabling utility-driven data marketplace with a robust and verifiable federated learning architecture (source)
-- Use of zero-knowledge proofs to allow data acquirers to prove that they've combined local models fairly, so everyone can be confident they'll get paid fairly
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