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- 10/30/23: New Chain On The Block ⛓️🇬🇧🐘
10/30/23: New Chain On The Block ⛓️🇬🇧🐘
Top News
⛓️ Celestia mainnet expected to go live tomorrow | The Block
🇬🇧 UK Treasury reveals blueprint for crypto regulations | Blockworks
🐘 Thai bank acquires $103M stake in crypto exchange | The Block

⌐◪-◪ → This isn’t the first time I’ve heard about Celestia. A lot of credible people in the space think Celestia’s data availability and modualr architecture is an absolute breakthrough. Eric Wall, board member at Starknet, says Celestia is one of, “three compelling baselayer innovations” after Bitcoin and Ethereum. Read more about Celestia here.
⌐◪-◪ → Just 5 months ago, the UK Treasury Committee said crypto trading should be “regulated as gambling instruments” because it “has no intrinsic value”. However today, Bloomberg’s headline says the UK plans to bring crypto under the same regime as TradFi. If the UK’s opinion has shifted from gambling to TradFi, then I’d call that progress.
⌐◪-◪ → Kasikornbank (aka K-Bank) revealed their acquisition in a stock exchange filing earlier today. The exchange they acquired, Satang, is Thailand’s longest-operating crypto exchange. It seems like everywhere you look, banks and governments are either experimenting with crypto like Hong Kong, or already using it like JPMorgan.

Peripheral Vision
⛓️ Crypto & DeFi
Bitcoin’s supply on exchanges at 6-year low | @BitcoinMagazine
Binance’s market share plummets amid legal pressure | The Block
Lens Protocol to begin V2 migration today | @DefiantNews
Uniswap DAO shows interest in $12M investment in Ekubo | The Block
Uber CEO says they'll accept crypto in the future | @AltcoinDailyio
🏛️ Legal & Regulatory
Gensler admits no BTC ETF is inconsistent in old vid | @BTC_Archive
VanEck amends spot Bitcoin ETF with unique seeding | Decrypt
Politicians massively exaggerate crypto terrorist funding | CoinDesk
Gemini suing Genesis, now bankrupt, over $1.6B GBTC | CoinDesk
LIVE: SBF takes the stand for a third day | CoinDesk
SBF deflects blame to his ex-girlfriend in testimony | CoinDesk
SBF says he wanted to sell FTX to Binance since day 1 | Decrypt
🌎 Rest of the World
Saudi Arabia’s NEOM project to invest $50M in Animoca | The Block
Pro-BTC El Salvador President running for re-election | @BTC_Archive
South Korean investors prefer altcoins to majors | CoinDesk
Zodia Custody launching in Hong Kong | @BitcoinMagazine
Hong Kong central bank publishes CBDC pilot findings | CoinDesk
SING, JAP, UK, & CH partner on asset tokenization pilot | CoinDesk
🖼️ NFTs & Metaverse
Jack Butcher and Snowfro collab on Snowpepen | @jackbutcher
Flooring Protocol adds Meebits & other projects | @FLC_FlooringLab
XCOPY announces as RarePass November artist | @LuckyTraderHQ
Azuki copies Pudgy Penguin with new toy line, Mind of Gus | @nftnow

Spectacular Shoutout
Thanks for the shoutout Cappa ❤️
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