27 Oct 202320:08
Project update
Crypto Events recap, October 26-27

Crypto Events recap, October 26-27

Polygon

Polygon enabled MATIC holders to migrate their assets to its new POL token starting from October 26th. Recently Polygon launched POL by deploying its contracts on Ethereum Mainnet.



Kraken

Is set to share select user information with the IRS in early November 2023. The data concerns Kraken U.S. users with transactions exceeding $20K from 2016 to 2020.



NEO

Neo has unveiled developing a sidechain to support Ethereum-based dApps and ensure interoperability with its N3 mainnet. An upcoming Testnet is expected by the end of the year.



dYdX

The dYdX V4 and its standalone Cosmos blockchain have rolled out its alpha mainnet phase. The launch marks the transition to dYdX V4 and its new community-governed blockchain.



MasterCard

MoonPay will incorporate a compliance-friendly Mastercard's Crypto Credential system and integrate payment tech like Mastercard Send and Click to Pay.



JPMorgan

Processes a substantial $1 Billion daily volume through its JPM Coin payment system. JPM Coin is a permissioned blockchain-based intra-bank value transfer system/



Solana Labs

Unveiled an all-new incubator program for project development on the Solana blockchain. The Incubator will accept applications through November 30th.



Horizen

Announced the launch of the Horizen EON sidechain, compatible with Ethereum's EVM standard. EON is dedicated to nurturing the next wave of Web3 developers.



IoTeX

Integrates with Solana, providing real-time analytics on Solana-connected hardware devices. Developers can now harness real-world data and build DePIN dApps.



Arbitrum

Announced that Celestia is the first modular data availability network to be integrated into Arbitrum’s software stacks known as Orbit and Nitro.



Chainlink

Teamed up with Vodafone Digital Asset Broker to run a proof of concept on trade document transfer. In addition, Vodafone had joined Chainlink as a node operator.



Aera

Decentralized treasury management protocol Aera raised $8M funding round led by Bain Capital Ventures, with participation from Jump Trading.



Moonveil

The Cayman Islands-based Web3 game studio secured $5.4M in a seed funding round from investors led by Gumi Cryptos Capital and Arcane Group.



Yuga Labs

A U.S. District Court judge has ordered Ryder Ripps and Jeremy Cahen to pay Yuga Labs nearly $1.6M in damages, plus legal fees, in “copycat” NFT lawsuit.



FLOKI

Announces the launch of TokenFi, a crypto and asset tokenization platform. The TOKEN will start trading on Uniswap and PancakeSwap on October 27th.



CyberConnect

Received investment from Binance Labs. This move emphasizes Binance's interest in SocialFi's potential to propel Web3 into the mainstream.