Issue #79

Regulation

1. UK publishes plans to regulate Pound-pegged stablecoins

-- Legislation is expected to be introduced early next year

2. Hong Kong now allowing retail investors to buy spot crypto ETFs

3. US Consumer Financial Protection Bureau proposes rule to oversee large nonbank payment providers

-- Includes oversight of wallet providers

-- Seeking public feedback for proposal

4. Swiss crypto bank SEBA wins Hong Kong license

5. Coinbase user agreement dispute reaches Supreme Court

-- Coinbase applied arbitration clauses to its customers, but a complication arose when customers pursued legal action through a class-action lawsuit

6. VARA releases a regulatory framework for VASPs in Dubai

7. Court approves Celsius' bankruptcy plan

-- Creditors to receive $2 billion in crypto and equity in NewCo, a reorganized company

Infrastructure

1. Kraken exploring the launch of its own L2 blockchain

2. Nil Foundation plans development of a new L2 zk rollup

-- Aiming to be the 1st zk rollup to enable sharding

3. Modular data availability solution Avail goes live with incentivized testnet

-- Validators and light client operators rewarded for validating and testing Avail's codebase

-- "Clash of Nodes" program rewards participants for completing quests such as validating the chain, simulating disaster scenarios, authoring blocks, and staking

4. NEAR Foundation pursuing new product initiatives

-- Building a data availability layer for modular systems

-- Collaborating with Polygon to build a zk prover for WASM blockchains

-- Partnering with Eigen Labs to build a finality layer for Ethereum L2s

5. A proposal polarizes Arbitrum voters

-- Proposes to professionalize the project's research efforts by allocating tokens to an "Arbitrum Coalition"

-- Voters complaining about the costs and potential conflicts of interest associated with the proposal

6. Proof of Stake Alliance releases an updated set of standards for staking service providers

-- Call for clearer communication from service providers, giving users total control over how much of their assets to stake, and the need to precisely describe the responsibilities of service providers

7. Polygon Labs launches $85M grant program

-- Direct grants of up to $1.55M will be offered to later stage projects

-- Early stage projects can apply for quadratic funding grants

8. Ava Labs lays off 12% of staff

-- Wants to reallocate resources towards expansion

Finance

1. BlackRock files plan with NASDAQ to launch a spot Ethereum ETF

-- Coinbase desginated as the custodian for product

2. Lightspeed Faction raises $285M fund to invest in early stage blockchain startups

3. CME claims top spot on the list of biggest bitcoin futures exchanges, dethroning Binance

-- Highlights growing demand from institutional market participants

4. Ripple broadens remittance service coverage in Africa, Gulf States, UK, and Australia

5. HSBC launching a digital asset custody service in 2024

-- Partnered with Ripple-owned Metaco on this effort

6. Binances releases non-custodial wallet product

-- Acquired Trust Wallet, which is still live as a standalone product, in 2018

7. DZ Bank, the 3rd largest bank in Germany, has launched a digital assets custody platform

8. Custodia Bank launches BTC custody service

9. Lido's governing body approves the deployment of Wrapped Staked Ether (wstETH) to Coinbase's Base network

10. Gemini CTO Pravjit Tiwana leaving the company

-- Attempted to make the culture more similar to Amazon's, resulting in some employee departures

11. Standard Chartered and SBI Holdings partner to launch $100M crypto fund

Consumer

1. Coatue Management marks down its stake in NFT platform OpenSea by 90%, implying a valuation of $1.4 billion

2. USDC considering an IPO in 2024

3. Magic Eden and Yuga Labs announce partnership to launch a NFT marketplace

-- Creator royalties will be enforced in this marketplace

4. Flashbots co-founder unveils Telegram trading bot 'Alfred'

-- The bot facilitates token swaps and protects against MEV

-- Alfred does not have a dedicated token yet

Security

1. Justin Sun's crypto exchange Poloniex hacked for over $100M

-- Justin has promised to reimburse affected users and is offering a 5% whitehat bounty to the attacker

2. Microsoft accidentally lists fake Ledger app on its app store, leading to $770k in losses

3. India's Central Bureau of Investigation (CBI) has appointed digital asset custodian Liminal to manage seized digital assets

4. Monero's Community Crowdfunding System (CCS) wallet was recently drained of its entire balance, worth nearly $460k

5. Moody's Analytics is launching Digital Asset Monitor

-- A service that uses AI to predict depeggings and provide real-time insights about stablecoin issuers' liquidity and stability

Research

1. Can we run Ethereum nodes at home? (source)

-- Analyzes hardware requirements for an Ethereum validator

2. A FHE compiler for private deep neural network inference (source)

-- Automatically maps PyTorch-specified networks to FHE
-- Reports iso-accuracy speedups ranging from 2.7x to 20.5x.

3. DAO decentralization: voting-bloc entropy, bribery, and dark DAOs (source)

-- Introduces a new metric to measure decentralization in DAO governance called Voting-Bloc Entropy (VBE), which considers voters with aligned interests as a centralizing force

-- Presents a prototype that can facilitate privacy-preserving vote-buying in DAOs

4. A simulator for blockchain sharding systems (source)

5. Hardware-assisted singletons for TEEs (source)

-- Background: in the context of trusted execution environments (TEEs), remote attestation permits establishing trust in software executed on a remote host

-- Problem: performing measurements only at the start of a TEE simplifies the attestation but enables “reuse” attacks on enclaves

-- Solution: performing measurements during TEE runtime while incurring negligible overhead

5. A design and usability study of user-controlled application-independent encryption for privacy-conscious users (source)

-- Allows users to trigger encryption on any textbox, even if the application does not support E2EE

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.