20 Oct 202314:36
Project update
Crypto Events recap, October 19-20

Crypto Events recap, October 19-20


Submitted the new S-3 filing to SEC in an attempt for spot bitcoin ETF approval following pivotal DC court ruling.


Will publish real-time data on the reserves backing USDT in 2024. Tether had a $3.3B excess in reserves at the end of Q2.


Layer 2 network Base has open-sourced its code repositories to enhance transparency and open the project to the public.


Launches gas abstraction and smart contract beta tools to streamline development for web3 services.


Raised $22 Million in a Series B funding round led by Pantera Capita, unveiled Oyster AMM, and launched the public Testnet V3.


Onboards new fiat partners for Euro operations, after Binance's banking partner Paysafe stopped working with the firm.


Suffered an outage for more than five hours while hosting a mass drawing application to celebrate its one-year anniversary.

Elixir Protocol

Secured $7.5 Million Series A funding at a $100 Million valuation, led by Hack VC, with participation from NGC Ventures and others.


Polygon Labs introduced a new governance proposal, PIP-29, which aims to form a 13-member “Protocol Council”.


Dropped all charges against Ripple’s executives, CEO Brad Garlinghouse and Co-Founder Chris Larsen.

Lightning Labs

Released its Taproot Assets protocol, enabling the issuance of stablecoins and other assets on Bitcoin and Lightning.


MultiversX will be integrated into the Google Cloud and streamline the execution of large-scale, data-first blockchain projects.