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Today: MetaMask's New Superpower 🦊✌️🥷🏻

Author

Valko
September 13, 2023

Today’s Top Stories ⌐◪-◪

  • 🦊 Metamask launches Snaps, a cross-chain app store

  • ✌️Binance US CEO resigns as they face increasing regulatory pressure

  • 🥷🏻 CoinEx, a Hong Kong-based crypto exchange, hacked for $54M

MetaMask to be usable outside the EVM ecosystem with Snaps launch

MetaMask to expand its use to blockchains like Cosmos, Solana, Tezos, Starknet, Algorand, and more.

⌐◪-◪ → This is a big deal. The most popular self-custody wallet is now usable outside the EVM (Ethereum Virtual Machine) ecosystem. Making crypto more accessible and usable to all. Don’t miss the founder’s demo later today.

Binance US CEO Brian Shroder Steps Down Amid Layoffs: Bloomberg - Decrypt

Norman Reed, Chief Legal Officer of Binance US, will take the helm after the abrupt executive departure.

⌐◪-◪ → Another Binance Executive bites the dust! It’s starting to feel like a mega bearish Binance bust is coming. Price action aside - timing le dip - this certainly shows the world that the US is not very crypto-friendly yet.

CoinEx Hot Wallets Drained of $27 Million in Suspected Hack

CoinEX hot wallets have been drained of anywhere from $27M to $54M worth of crypto in a suspected hack.

⌐◪-◪ → Sadly, failures like this and FTX create a bad name for crypto, when the reality of the situation is they simply bolster the case for crypto and self-custody. A highly reliable source, on-chain sleuth ZachXTB, says this crime is linked to the North Korean Lazarus hacker group.

Peripheral Vision ⌐◪-◪

⛓️ Crypto & DeFi

  • Coinbase CEO says they will implement Bitcoin Lightning

  • Telegram integrates TON-based crypto wallet for its 800 million users

  • Astar Network to launch zkEVM Layer 2 powered by Polygon

  • Safe, the leading mult-sig wallet protocol, now support zksync Era

  • BNB Chain devs release opBNB mainnet, built with Optimism OP stack

  • Mountain Protocol launches new stablecoin backed by US T-Bills

  • BitMEX doubles down on derivatives with prediction markets product

🏦 Wall Street

  • Franklin Templeton files for spot Bitcoin ETF, a $1.5T asset manager

  • NASDAQ files with SEC for Hashdex mixed ether ETF

  • Crypto VC Electric Capital aims to raise $300M for new fund

  • Crypto firms raised $5B in H1 2023, according to PitchBook

🏛️ Legal & Regulatory

  • Ripple CEO says 80% of its hiring this year will be outside the US

  • Gary Gensler confirms SEC is reviewing spot ETFs for BTC and ETH

  • SBF’s request to be released ahead of trial denied by Judge Kaplan

  • OneCoin founder sentenced to 20 years in prison for $4B scheme

  • Tornado Cash dev Alex Pertsev to face trial in March

🌎 Rest of the World

  • Chinese crypto exchange Huobi rebrands to HTX for 10th anniversary

  • Crypto exchange “Bullish” plans to apply for license in Hong Kong

🖼️ NFT

  • Milady founder doxed in legal battle works at Palantir

  • Luxury watch brand Panerai announces plans for NFT passport

  • Magic Eden rolls out NFT lottery called LuckyBuy - here we go

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