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Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news.
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Legal news

  • The Australian Securities and Investments Commission (ASIC) is suing Block incomealleging that the fintech company provided unlicensed financial services and operated “an unregistered managed investment program.” By the announcement, “ASIC seeks declarations, injunctions and monetary penalties from the Court”.

Security News

  • Bo Shen, the founding partner of a venture capital firm Capital Fenbushi, revealed this the Pirates stole $42 million in crypto from his personal wallet on November 10. Most of the stolen funds, some $38 million, were in the USDC stablecoin. The stolen assets are personal funds and do not affect any entity related to Fenbushi, he added.

Banking News

  • Financial Services Group DBS said it had become the first bank in Asia to complete an intraday buyback operation on a block chainnetwork based. The transaction was completed on JP Morganintraday redemption request on Onyx Digital Assets. This enables instant atomic settlements and allows repo transactions to be negotiated, settled and matured within hours, rather than the current industry standard of one to two business days. said A press release.
  • Two major European fintechs – EXCITEMENT and Bitpanda – have joined forces, indicating that “HYPE’s 1.7 million customers will soon be able to invest in more than 2,500 assets, including fractional shares, AND Fand precious metals, with any budget, 24/7” with Bitpanda’s White Label solution.

Investment News

  • Calypso paymenta crypto processing and acquisition platform Calypso Groupsaid to have added support for Lightning Network allowing “almost free and almost instantaneous” Bitcoin (BTC) transfers. By the press release, as well as Lightning, “Calypso Pay uses automated transaction formation and mempool analysis to credit funds before they are placed in a block to provide near-instant settlement that the Bitcoin network n was unable to provide.”

CBDC News

  • The Bank of Japan (BoJ) will collaborate with three megabanks and regional banks in the country in its planned experiments on the digital yen, Nikkei reported. The pilot aims to provide demonstration experiences for issuing central bank digital currency (CBDC), starting in the spring of 2023. The banks are anonymous, but “three megabanks” in Japan usually means Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc.and Mizuho Financial Group Inc.

Mining News

  • Digital Foundry100% subsidiary of Group of digital currencies focused on mining and staking digital assets, announcement that it has entered into an asset purchase agreement to acquire two turnkey cryptocurrency mining facilities and other assets, with an option to acquire a third facility under development, from of a large-scale IT infrastructure company calculate north.

Web3 News

  • Web3 network sin announced a strategic partnership with the Web3 platform Ocean Protocol, to unlock data services for artificial intelligence and business innovation. Through this partnership, peaq connects the economics of machine-generated goods and services to the Ocean Protocol data marketplace and provides a data monetization toolkit for builders building decentralized applications (dapps) on the peaq network, said the announcement.

DeFi News

  • Open Zeppelina provider of smart contract security solutions, announced a new partnership with the zkSync developer Material laboratories. The announcement said that OpenZeppelin will apply its security auditing and monitoring expertise to zkSync 2.0, a zero-knowledge (ZK) rollup compatible with the Ethereum Virtual machine (EVM). Over a period of four weeks, OpenZeppelin audited the Layer-1 building block of Matter Labs’ zkSync 2.0, concluding that there were no critical issues with the project so far.
  • Decentralized exchanges (DEX) Drift Protocol, GMXand Perpetual Protocol have teamed up to create an aggregated dashboard and provide greater visibility into the financial health of their protocols for institutional and retail users, according to an announcement. The new dashboard will provide information on proofs of deposits, protocol assurance funds, borrowing levels and ongoing unrealized profits and losses. The collective invites other DEXs, committing to providing this platform on a cross-protocol level.





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