Crypto Events Recap, September 12-13
MetaMask
Announced the launch of Snaps mechanism — aimed at expanding its use on non-EVM compatible blockchain networks. Initially, MetaMask plans to release over 34 Snaps for various add-on features, which have undergone security audits.
Manta
Launched mainnet of Pacific, a Layer 2 blockchain for ZK-enabled apps, developed with a modified version of OP Stack by Caldera. In July, the development team behind Manta Network, p0x labs, raised $25 million in a Series A funding round led Polychain Capital.
CoinEx
Hot wallets associated with the crypto exchange CoinEx were drained for 4,946 ETH and 354,762 TRX (~$28M).
Franklin Templeton
Applied with the United States Securities and Exchange Commission to launch a spot Bitcoin exchange-traded fund (ETF).
DeXe
DeXe smart-contracts have passed an audit from Certik and received an overall security score of A (85.78%).
VeChain
Gets listed on Coinbase on Coinbase & Coinbase Exchange on September 13th, at 16:30 UTC if liquidity conditions are met.
BitMEX
Launched real-world events prediction market: SBF lawsuit, FTX's recovery from bankruptcy, and Bitcoin ETF approval.
Electric Capital
The web3 VC firm based in Palo Alto is aiming to raise $300 million for its Electric Capital Venture Fund III.
Coinbase
Announced plans to integrate Bitcoin Lightning Network, second-layer solution of payment channels built on top of the Bitcoin blockchain
Huobi
Rebranded to HTX in celebration of its tenth anniversary. 'H' stands for Huobi, 'T' represents its commitment to being all in TRON, and 'X' stands for the exchange.
PayPal
Launching an off-ramp service enabling users in the U.S. can convert their crypto to $USD directly from their wallets.
OneCoin
Karl Sebastian Greenwood, Co-Founder of multibillion-dollar crypto scheme “OneCoin”, was sentenced to 20 years in prison.
Astar Network
Announced a collaboration with Polygon Labs to launch an Ethereum Layer 2 scaling solution, Astar zkEVM.
Ledn
The crypto lender has unveiled a new 8.5% APY offering for USDT savings deposits, set to go live next month.