Bitcoin, Ethereum, Cosmos and more Week 51 2023
All things crypto, web3 and blockchain across all the Coin Clubs
TLDR: Gelato Launch Rollup Deployment Program, Paxos Join Solana, TOKI Bring Oasys to the Interchain, Quark Protocol Launches on Kujira’s Fuzion & Astria Goes Live.
This week’s newsletter is sponsored by Oasys:
Oasys, the game-optimized EVM blockchain is connecting to IBC:
Oasys is a gaming blockchain that offers a highly scalable Layer 1 hub and specialized Layer 2 using Ethereum’s Layer 2 scaling solution.
Partnering with gaming giants like Ubisoft, SEGA, Square Enix and Bandai Namco, Oasys provides seamless, speedy, and zero-gas-fee blockchain gaming experience with gamers.
Oasys has partnered with Datachain and TOKI, pioneers in developing cross-chain bridges using IBC technology, to enhance the interoperability of web3 games built on Oasys.
Want to learn more on Oasys? Go to Oasys’ website here.
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Market & Airdrop Update
Before we dive in, make sure to check out our recent Market and Airdrop update:
Bitcoin Highlights of the Week
Just two weeks after El Salvador launched its Bitcoin Freedom Visa for foreign citizens wanting to move to El Salvador, the Central American country has now passed a law for offering citizenship ti Bitcoin investors.
Marathon Digital have procured two mining sits for $178.6 million as it looks to increase its capacity ahead of the Bitcoin mining reward halving in 2024. With this purchase, Marathon Digital’s total mining capacity are brought up to 974 megawatts.
The SEC met this week with representatives of seven companies who has applied for spot Bitcoin ETFs. Among these were BlackRock, Grayscale Investments, ARK Investments 21Shares. A number of these players have been told by the SEC to make final changes to their applications, which are all believed to be approved by early 2024.
Hive Digital, the Vancouver-based mining company, has procured 7,000 new application-specific integrated circuit (ASIC) bitcoin mining rigs from Bitmain. The ordered Antminer S21 units are slated for arrival from January through June next year.
Humboldt Bay Firefighters, a firefighter union in Eureka California, has become the third union in the US to purchase and hold Bitcoin on its balance sheet.
Ethereum Highlights of the Week
Gelato have deployed their rollup platform on Optimism and Polygon, where builders and users get fully serviced Layer 2 chain integrations.
In an interesting turn of events, the once-pioneer of file-sharing, LimeWire, has emerged anew as an innovative AI-powered content publishing platform. LimeWire will be utilizing Polygon and Algorand to bring their AI-powered music platform alive.
The team behind Optimism have published an announcement dupped the "Superchain" outlining the L2's path toward a full, Stage 2 decentralization over the near future.
Coordinape has launched CoLinks on Optimism which is a professional social network in web3.
Cosmos Highlights of the Week
MilkyWay recently went live on mainnet, and now MilkWay has launched liquid staking on Osmosis with the TIA:milkTIA pool.
Neutron has launched ‘Integrated Applications’, which mark a groundbreaking approach where Neutron seamlessly combine the robust capabilities of appchains with the scalability of smart contracts.
Oasys - the EVM gaming blockchain - has partnered with TOKI and Datachain to connect Cosmos’ IBC to Oasys and all their web3 gaming dapps.
After the passing of Kujira Governance Proposal #530, Fuzion liquid staking will be available on Quark Protocol and launching their token on Fuzion.
Solana name service integrate on Injective providing users the possibility of .sol and .inj domains to be used on Injective. This is the world’s first interoperable domain name protocol.
Other Highlights of the Week
After the security breach Dec 14th 2023, Ledger has dropped Blind Sign on all devices. Therefore, all transactions will have to be verified with Clear Signing leading to a new standard for Ledger in ensuring their users accounts are secured.
Paxos, the stablecoin issuer, has been granted regulatory approval from the New York Department of Financial Services (DFS) to launch its products on the Solana blockchain.
The new Rollup-as-a-Service (RaaS) provider, Astria, just launched and have already facilitated more than 500 rollups created over its first 24 hours.
BarnBridge DAO has been fined by the SEC due to its failure to register the project’s crypto asset securities. In total, BarnBridge has been issued to pay $1.7M to settle charges.
What Ecosystem Next?
We continue to add more ecosystems that we write about. Which ecosystem would you like us to dive into next?
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