25 Oct 202314:48
Project update
Crypto Events recap, October 24-25

Crypto Events recap, October 24-25

dYdX

Open sources V4 code for upcoming Cosmos chain. Open-sourcing code will bring transparency for developers to conduct reviews, detect bugs and improve the code quality.


Nocturne Labs

Raised $6M in Seed funding from Vitalik Buterin, Bain Capital Crypto, Polychain Capital and others. The startup aims to enable private accounts within the Ethereum ecosystem.


Deutsche Bank

Have completed the first stablecoin swaps on the Universal Digital Payments Network. The on-chain swaps were between the USDC and EURS stablecoins, using bank’s digital currency wallets.


Neon Machine

The Game studio behind first-person shooter Shrapnel, has raised $20M in Series A funding led by Polychain Capital, with Brevan Howard Digital, Franklin Templeton, IOSG Ventures.


iShares

BlackRock’s Bitcoin ETF (IBTC), is back on the Depository Trust and Clearing Corporation website after vanishing early Tuesday.


BlockFi

Announce that its bankruptcy plan (the “Plan”) is effective and the company has emerged from bankruptcy as of October 24.


Nakamoto Games

Announced the upcoming listing on HTX. Deposits is now live, while trading starts at 1:00 PM UTC on October 26th.


Binance

The South China Morning Post reported that HKVAEX was set up last year by Binance in the hope of pursuing a crypto license.


Grayscale

Collaborating with FTSE Russell to launch the Crypto Sector Index Series, tracking digital assets by purpose.


PEPE

Rallied to a two-month high after burning 6.9T MEME ($5.5M) to address concerns around its wallet holdings following the alleged theft.


Polkadot

Announced that will cut 30% of its workforce, or about 100 employees, as part of its plan to “shift” focus to its technology.


Maestro

Suffered from a critical vulnerability in one of its contracts, resulting in a theft of over 280 ETH ($500K) from user accounts.


FTX

Unveiled proposals from three bidders to restart the crypto exchange. The company will make a decision by mid-December.


smlXL

Secured $13.4M in a seed funding round led by a16z. Other investors include Greylock, Naval Ravikant, Robert Leshner and Elad Gil.


Cube

Secured $9M in a seed funding round. Investors in the rounds include SIG DT, Asymmetric, LLLP, Everstake, Foundation Capital, etc.


Rymedi

Web3 healthcare information platform, has secured $9M in a Series A funding co-led by RW3 Ventures and White Star Capital.