• Specs News
  • Posts
  • 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 ❤️

👉 To get featured here → give us a shoutout on 𝕏!