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  • Bitcoin, Ethereum, Cosmos and more week 36 2023

Bitcoin, Ethereum, Cosmos and more week 36 2023

Keeping you updated on crypto, web3 and blockchain

TLDR: Spiral and LDK Team Up for BTCPay, New Ethereum Privacy Paper, Synthetix V3 Live, INJ 2.0 Burn Mechanism, Osmosis Mars V2, Visa on Solana & The Tokenized Asset Coalition (TAC)

This week’s newsletter is sponsored by Skip Protocol:

Skip powers core infrastructure for the sovereign stack. The Skip API lets users do anything cross-chain in one click, and the Block SDK allows chains to fully customize their sequencer to their application.

Bitcoin Highlights of the Week

The Bitcoin non-profit founded by Jack Dorsey and Jay-Z - Btrust - acquires Qala - the African Bitcoin and Lightning engineering training organization.

El Salvador plans to bring Bitcoin education in public schools as part of curriculum in 2024.

Spiral and LDK team up with BTCPay Server to bring out the BTCPay App aiming to replicate the success of the server but focusing on e-commerce payments in a non-custodial and user-friendly manner.

Bitcoin and Coffee in Medellín

With Lighting Koffee in Medellín, Paisas (Medellín locals) are striving towards Bitcoin adoption. The founder shared his vision for Lightning Koffee, stating that it would "help drive the Bitcoin circular economy".

With inflation spiking, Turkey's swift move to Bitcoin might hint at a worldwide financial shift. KuCoin reports a jump from 40% adoption in 2021 to 52% in 2023.

Ethereum Highlights of the Week

USDC launch on Optimism and Base, which are two leading L2 scaling solutions for Ethereum built on the OP Stack.

Vitalik Buterin, Mat Nadler and other notable community providers explores new compliance opportunities made possible by Privacy Pools, where users can provably dissociate from illicit funds.

ETH and BTC classified as 'Crypto Commodities'

U.S. District Court Judge Classifies Ether and Bitcoin as 'Crypto Commodities' in Landmark Uniswap Lawsuit Ruling.

Kain proposes Synthetix experiment with expansion on Base with ETH collateral with Synthetix V3.

MakerDAO Explores Solana-based NewChain

Ethereum co-founder Vitalik Buterin recently made headlines with a significant move in the crypto space. He sold approximately $580,000 worth of MakerDAO's MKR tokens.

Cosmos Highlights of the Week

Introducing INJ 2.0 With Burn Mechanism

INJ Burn 2.0 was unveiled, which aim to increase the weekly burn rate of INJ tokens, making INJ ultrasound and adapting to a shifting landscape within tokenomics.

Composable Finance to Enter Atom Economic Zone

Enter Composable, a trailblazing project that is on a mission to make cross-chain transactions easier, more secure, and more lucrative for everyone involved.

Introducing Kinetix - The DeFi Hub on Kava

The exclusive DeFi hub for the Kava ecosystem, Kinetix is set to redefine the future of DeFi by addressing the limitations of centralized trading solutions and offering a suite of groundbreaking protocols.

PUBG: Battlegrounds Enter Cosmos with Krafton

The highly successful creators of the PUBG: Battlegrounds game - Krafton - is launching Settlus on Cosmos to bring gaming to crypto and blockchain.

Osmosis teases the launch of Mars V2 where users get a sneak peak of the UI and all the incoming features in a live demo with Mars contributors.

dYdX is looking for a complete overhaul as it branches out to its own Cosmos appchain. dYdX looks to decentralize its entire order book, which requires some serious grit.

Other Highlights of the Week

Visa has chosen Solana as its blockchain of choice in its newly-announced pilot program. The program allows merchants to accept USDC payments via Solana, aiming to improve cross-border settlement speed.

Industry leaders including Coinbase, Circle and Aave have formed The Tokenized Asset Coalition (TAC) – an initiative aiming to bring traditional financial assets onto public blockchains.

This week’s newsletter is sponsored by Blockbasis:

Blockbasis scans your wallet transactions for insecure or hacked web3 dApps, making it easy to revoke access to any unsafe contracts. With Blockbasis you stay safe in web3.

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