Issue #91

Regulation

1. UK publishes regulations for digital securities sandbox

-- Jointly overseen by the Bank of England and the Financial Conduct Authority

-- Will allow the country's financial institutions to experiment with DLT and tokenized securities

2. Super PAC Fairshare raises $78M to support pro-crypto US presidential candidates

-- Backers include Coinbase, a16z, Kraken, and Ripple

3. Coinbase approved as VASP in France

4. BVI court freezes $1B of assets of 3AC founders

-- Liquidators of 3AC are seeking $1.3B in claims from creditors

5. Russia integrates digital ruble into tax code

6. Tether onboarding Secret Service and FBI

-- Working with law enforcement to freeze wallets on the OFAC sanction list

7. Do Kwon extradition approval canceled by Montenegro court

-- Citing issues in the legal process, the case has been returned to the initial court for a retrial

8. Haun Ventures expanding its policy-focused advisory network

-- Addition of 3 new members: former FBI Special Agents and a former US government litigator

Infrastructure

1. Arbitrum experiences partial outage due to surge in transaction traffic that impacted the sequencer

2. Zcash creator Zooko Wilcox to step down as CEO at Electric Coin

-- Replaced by Josh Swihart, former Senior VP of Growth at Electric Coin

-- Wilcox will remain on the board of Electric Coin's parent firm Bootstrap Project

3. MetisDAO Foundation creates $100M fund to accelerate growth for its L2

-- Funds allocated for sequencer mining, retroactive funding, and deployment of new projects

Finance

1. Qredo shutters crypto exchange Ankex due to bear market conditions

2. Circle deploys its Euro-backed stablecoin EURC on Solana

Consumer

1. OXX's NFT marketplace surpasses OpenSea, Blur in daily trading volume

-- Due to the high demand for Bitcoin Ordinals NFTs

2. Immutable launches Passport tool

-- A non-custodial wallet authentication and creation tool targeted for gaming

3. Amboss Technologies launches "Ghost Addresses"

-- Allows anyone running their own Lightning node to have a Lightning Address without needing a custodial 3rd party and without needing a publicly accessible server (source)

Security

1. P2P trading platform NFT Trader suffers security breach

-- Vulnerability introduced after a smart contract upgrade allowed for the misuse of a multicall feature

-- Stolen NFTs returned to owners after payment of 120 ETH bounty

2. Aurory's bridge exploited

-- Resulted in a drop of ~80% in liquidity of the AURY-USDC pool on Arbitrum's DEX Camelot

-- Tokens belonging to the team were stolen and immediately sold

3. OKX addresses vulnerability in iOS app and urges users to update it

4. Epic Games amends policy to allow blockchain games with "Adults Only" ratings to be listed on its online store

Research

1. A large-scale empirical study of wash trading (source)

2. MEV mitigation in Ethereum (source)

-- Specialized nodes to (1) manage the auction process for block space allocation, (2) randomly decide the transaction order, and (3) preserve transaction confidentiality

3. Comparative analysis of DAG-based blockchains (source)

4. A taxonomy for cross-chain attacks (source)

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