What Happened on Oct. 31st|Hong Kong Issues Policy Statement on Development of Virtual Assets

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On October 31st, Hong Kong Government issued Policy Statement on the development of virtual assets. Team Finance exploiter returned funds to affected projects. Celer Network launched omnichain liquidity protocol Peti. Elon Musk asked Twitter employees to introduce paid verification to help solve the bot account problem. Crypto wallet Braavos closed a $10 million round of funding led by Pantera Capital.

DeFi

  • Arco Protocol's website and Discord channel are both currently offline. Source
  • Celer Network launches omnichain liquidity protocol Peti. Source
  • Team Finance exploiter is returning funds to projects affected by the exploit. Source
  • DAO credit marketplace Porter Finance relaunches and rebrands to Arbor Finance. Source

CeFi

  • Elon Musk asked Twitter employees to introduce paid verification on Twitter to help Twitter solve the bot account problem. Source
  • Crypto lender Hodlnaut lost nearly $190 million in $USTC drop. Source
  • SBF said that the city could emerge as a Web3, blockchain and cryptocurrency hub. Source
  • Sources: FTX US encourages staff to relocate to new Miami headquarters. Source

Infrastructure

  • zkSync 2.0 mainnet Baby Alpha goes live, and will open for users in early 2023. Source
  • StarkNet will launch a second testnet on Goerli. Source

Policy & Regulation

  • Hong Kong Government issues Policy Statement on the development of virtual assets. Source

Fundings

  • Crypto wallet Braavos closed a $10 million round of funding led by Pantera Capital. Source
  • Yield protocol Fluidity raises $1.3M in a seed round led by Multicoin Capital. Source
  • Investment management group Lendary Asia Capital launches Crypto Alternative Debt Fund. Source

DeFi

Ethereum

NFT

Exchanges

Fund Raising

Layer 2

Wallet

Policy and Regulation

Elon Musk

Pantera Capital

FTX

Multicoin Capital

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