Aave Community Approves v3 Deployment on Ethereum
- The governance proposal to launch Aave v3 on the Ethereum network passed unanimously, with all participating AAVE token holders voting in favor.
- The third version of Aave will exist alongside v2, and will initially support seven assets, including wBTC, wETH, wstETH, USDC, DAI, LIMK, and AAVE.
January 26, 2023, 12:01 PM
Shutterstock
Visa Proposes Solution to Enable Auto-Payments From Self-Custodial Wallets
- The payments giant has proposed the creation of new self-custodial wallets, called “delegable accounts”, using the “account abstraction” (AA) method.
- As Ethereum does not yet support AA, Visa implemented its new wallet type on layer 2 scaling solution StarkNet, and successfully enabled automated recurring payments.
December 20, 2022, 11:58 AM
Close up of VISA sign at global headquarters in Silicon Valley, Foster City, CA, 24 August 2019. Sundry Photography/Shutterstock
Binance.US Removes Trading Fees for ETH
- Binance’s U.S. arm has expanded its zero-fee program to spot trading for four ETH trading pairs, including ETH/USD, ETH/USDT, ETH/USDC, and ETH/BUSD.
- Auditing firm Mazars has also confirmed that Binance had control over 575,742.42 BTC, making its reserves 101% collateralized.
December 7, 2022, 5:06 PM
Shutterstock
Chainlink Improves Oracle Security With LINK Staking Feature
- Chainlink Staking v0.1 is now available on the Ethereum mainnet to a limited number of users, but will be opened to the general public on 8 December.
- The new feature includes a LINK staking pool with 25 million token cap, which aims to secure the ETH/USD price feed within the Ethereum mainnet.
December 7, 2022, 10:21 AM
Shutterstock
Nov 7, 2022
Ethereum Dapps to Appear on Solana Through Neon EVM
- Neon Labs’ Ethereum Virtual Machine (EVM) solution will be launched on 12 December, giving Ethereum-based dapps access to Solana’s scalability and liquidity.
- Neon EVM adopts the developer tools and compute layer present on Ethereum, making it easier for developers looking to expand to Solana.
Nov 2, 2022
Deribit Pauses Withdrawals Following $28M Hot Wallet Hack
- The hack took place around midnight on 1 November, when a malicious actor was able to access Deribit’s hot wallets and steal $28 million worth of BTC, ETH, and USDC.
- The company noted that client assets were safe, as they were kept in cold storage, and that the loss will be covered by its own reserves.
Oct 18, 2022
Ripple Tests EVM-Compatible XRP Ledger Sidechain
- Once fully launched, the new sidechain will allow developers to write apps using Solidity, and enable XRP Ledge users to interact with Ethereum smart contracts and dapps.
- The EVM-compatible sidechain is currently in its first testing phase, but its official launch is expected to happen sometime in the second quarter of 2023.
Oct 3, 2022
Kim Kardashian Pays $1.26M to Settle SEC Charges Over EthereumMax Promotion
- The U.S. SEC has charged the American celebrity of violating the anti-touting provision of the federal securities laws with her promotion of EMAX in 2021.
- The Kardashian has agreed to settle, and will pay 260,000 in disgorgement and fees, $1 million in penalties, as well as not promote any crypto assets for the next three years.
Sep 27, 2022
Galaxy Digital to Provide Crypto Price Data Through Chainlink
- Partnering with Chainlink will allow Galaxy Digital to distribute its crypto pricing data to various blockchains, and help developers build better applications.
- The company noted that its high-quality pricing data will play a valuable role in “unlocking exciting new use cases and driving innovation across the DeFi ecosystem.
Sep 20, 2022
Nasdaq to Launch Crypto Custody for Institutional Clients
- Stock market operator Nasdaq has formed a new digital asset division, which will develop and launch a digital asset custody services to institutional clients.
- The move is in line with Nasdaq’s mission to be a service provider in the crypto space, rather than facilitate trading of cryptocurrencies.