# The Coinweb Weekly Spin

By [Coinweb.io](https://paragraph.com/@rukawin) · 2023-07-24

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**The Weekly Spin.** _Twelfth Edition._ This week the major event in the industry was the 6th ETHCC, held in Paris from the 17th-20th – it took the headlines as more than 8 top-tier crypto protocols made major announcements (there’s a special section devoted to the Conference in this edition). Looks like everyone was trying to get the attention of the prom queen, who of course was Vitalik Buterin himself. L2s on Ethereum were the main narrative, as well as blockchain interoperability. The markets saw a flurry of price action in the Altcoins, with SOL, XLM and LINK leading the pack. FedNow launched its payment system with the support of major finance players of the likes of JPMorgan and WellsFargo, meanwhile the Hon. Gary Gensler extended his hand for more money to the House Appropriations Committee and was deliciously roasted. Highly satisfying to watch, perfect with some popcorn and a nice bottle of red to keep you warm.

As for Coinweb, we are getting closer to our Wallet’s Alpha Release by the day – the latest version being v1.0.12, which is not currently available to download for the UK as of yet. We know that many people are excited for the Alpha release, and are still accepting applications for testers via our Zealy questboard! This week our questboard features an AI-generated art contest, be sure to check it out if you would like to join the event…here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

**Ongoings at Coinweb**

**CryptoBanter’s Miles Deutscher Releases Video of Deep Dive on Coinweb**Join Miles Deutscher in this special edition of Crypto Banter DeFi for a deep dive into Coinweb and a chance for early access & a $1000 Giveaway![https://youtu.be/uAB1kW-nkjk](https://youtu.be/uAB1kW-nkjk)

**Coinweb’s InChain Architecture**What is InChain data?[https://www.medium.com/@Coinweb.io/coinwebs-inchain-architecture-577344971114](https://www.medium.com/@Coinweb.io/coinwebs-inchain-architecture-577344971114)

**Toby Gilbert featured on “Bridged Podcast” – A Green Thru Series: ep. 46**Join us as we uncover the secrets behind Coinweb's groundbreaking architecture as we speak with Toby, CEO at Coinweb, a protocol that connects and unifies self-sovereign blockchains through a common currency, enabling seamless communication, cross-chain transactions, and empowering the future of decentralised finance.[https://greenthru.org/episodes/202306210930-podcast-46-tobygilbert-gml5p-k77ds-2hdb5-4tzhs-6m7lt-sl9jm-fx73y-aae5g-kh9z7-wb3gw-d8ewn-zfjah](https://greenthru.org/episodes/202306210930-podcast-46-tobygilbert-gml5p-k77ds-2hdb5-4tzhs-6m7lt-sl9jm-fx73y-aae5g-kh9z7-wb3gw-d8ewn-zfjah)

\*\*Coinweb is accepting Alpha Wallet Tester registrations on Zealy!\*\*Join our community of Questooors on the Zealy (formerly Crew3) platform to earn XP and special privileges – including an opportunity to participate in our Alpha Wallet Tester Program![https://zealy.io/c/coinweb/questboard](https://zealy.io/c/coinweb/questboard)

**A Thread on the Coinweb “Token Shield” and How It Works**[https://twitter.com/CoinwebOfficial/status/1667167179287011330?s=20](https://twitter.com/CoinwebOfficial/status/1667167179287011330?s=20)

**The Coinweb Monthly Spin, our round-up of Coinweb-related events, updates, and news from the Web3 industry – June Edition**[**https://coinweb.beehiiv.com/**](https://coinweb.beehiiv.com/)

**Venture Alpha Podcast by Contango: Episode 7**Making Blockchain Accessible with a Revolutionary Cross-Chain Ecosystem[https://open.spotify.com/episode/3QW9iSHaVsMRIGlRo5msyS?si=jBV58G5kQUOhVDrbFyLg0A&nd=1](http://open.spotify.com/episode/3QW9iSHaVsMRIGlRo5msyS?si=jBV58G5kQUOhVDrbFyLg0A&nd=1)

**On the Radar**

**Nervos Reddit AMA, Jul 24 (Virtual)  
US FED FOMC Meeting, Jul 25-26 (Washington DC)**  
WebX Asia Conference, Jul 25-26 (Tokyo)  
Radix Babylon Upgrade, Jul 31 (On-chain)  
Seoul Web 3.0 Festival, Jul 31-Aug 3 (Seoul)

**Web3Conf India, Aug 11-14 (Goa)  
ETH Toronto, Aug 13-16 (Toronto)**  
Coinfest Asia by Coinvestasi, Aug 24-25 (Bali)  
**ETH Warsaw, Aug 30-Sep 3 (Warsaw)**  
Starknet Summit, Aug 31 (San Francisco)

**Korea Blockchain Week, Sep 4-9 (Seoul)  
Nordic Blockchain Conference 2023, Sep 6-7 (Copenhagen)**  
Near APAC, Sep 8-12 (Ho Chi Minh City)  
Ethereum Singapore, Sep 10-12 (Singapore)  
**DappCON23, Sep 11-13 (Berlin)  
TOKEN2049, Sep 13-14 (Singapore)\***  
Metaverse Summit, Sep 21-22 (Paris)  
**ETHGlobal New York Hackathon, Sep 22-24 (New York City)**  
Stellar Meridian 2023, Sep 26-28 (Madrid)  
**Fintech Festival Asia, Sep 27-28 (Bangkok)\***

Blockchain Economy Summit, Oct 4-5 (Dubai)  
**Zebu Live, Oct 4-5 (London)  
ETHGlobal Online Hackathon, Oct 6-25 (Virtual)  
ETH Miami 2023, Oct 27-29 (Miami)  
ETH Vietnam, Oct 27-29 (Hanoi)**  
Solana BreakPoint 2023, Oct 30-Nov 3 (Amsterdam)

**Blockchain Events curated by CryptoNomad**  
[https://docs.google.com/spreadsheets/d/1KtyFTb\_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit](https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit)

**Web3 Events by NFTTech**  
[https://www.nfttech.com/events](https://www.nfttech.com/events)

**On the Block(chain)**

JPMorgan, and Wells Fargo, among others, join Federal Reserve's “FedNow” payment system  
[https://www.fxstreet.com/cryptocurrencies/news/jpmorgan-and-wells-fargo-among-others-join-federal-reserves-fednow-payment-system-202307201651](https://www.fxstreet.com/cryptocurrencies/news/jpmorgan-and-wells-fargo-among-others-join-federal-reserves-fednow-payment-system-202307201651)

Binance integrates The Bitcoin Lightning Network  
[https://crypto.news/binance-integrates-the-bitcoin-lightning-network/](https://crypto.news/binance-integrates-the-bitcoin-lightning-network/)

HectorDAO affected by Multichain, votes to liquidate $16m in treasury  
[https://crypto.news/hectordao-affected-by-multichain-votes-to-liquidate-16m-in-treasury/](https://crypto.news/hectordao-affected-by-multichain-votes-to-liquidate-16m-in-treasury/)

Sequoia Capital shakes up crypto team after $214 million FTX loss  
[https://crypto.news/sequoia-capital-shakes-up-crypto-team-after-214-million-ftx-loss/](https://crypto.news/sequoia-capital-shakes-up-crypto-team-after-214-million-ftx-loss/)

$125M CoinDesk deal may be in final stages  
[https://cryptoslate.com/125m-coindesk-deal-may-be-in-final-stages/](https://cryptoslate.com/125m-coindesk-deal-may-be-in-final-stages/)

Alphapo hacked, over $23 million in Bitcoin, Tron, and Ethereum stolen  
[https://crypto.news/alphapo-hacked-over-23-million-in-bitcoin-tron-and-ethereum-stolen/](https://crypto.news/alphapo-hacked-over-23-million-in-bitcoin-tron-and-ethereum-stolen/)

**Competitive Landscape**

Polychain secures $200m for fourth crypto VC fund amid staff departure  
[https://crypto.news/polychain-secures-200m-for-fourth-crypto-vc-fund-amid-staff-departure/](https://crypto.news/polychain-secures-200m-for-fourth-crypto-vc-fund-amid-staff-departure/)

Polygon 2.0 to establish multiple layer-2s, initiate governance change  
[https://crypto.news/polygon-2-0-to-establish-multiple-layer-2s-initiate-governance-change/](https://crypto.news/polygon-2-0-to-establish-multiple-layer-2s-initiate-governance-change/)

Axelar Launches Interchain Token Service  
[https://axelar.network/blog/what-is-interchain-token-service](https://axelar.network/blog/what-is-interchain-token-service)

Hedera (HBAR) tapped by Shinhan Bank for stablecoin remittance solution  
[https://crypto.news/hedera-hbar-tapped-by-shinhan-bank-for-stablecoin-remittance-solution/](https://crypto.news/hedera-hbar-tapped-by-shinhan-bank-for-stablecoin-remittance-solution/)

Arkham’s beta complete, on-chain intelligence exchange live  
[https://crypto.news/arkhams-beta-complete-on-chain-intelligence-exchange-live/](https://crypto.news/arkhams-beta-complete-on-chain-intelligence-exchange-live/)

Conflux And World Mobile Join Forces To Expand Blockchain-based Mobile Access  
[https://cryptoslate.com/press-releases/conflux-and-world-mobile-join-forces-to-expand-blockchain-based-mobile-access/](https://cryptoslate.com/press-releases/conflux-and-world-mobile-join-forces-to-expand-blockchain-based-mobile-access/)

**ETHCC6 Announcements**

Introducing the UniswapX Protocol  
[https://blog.uniswap.org/uniswapx-protocol](https://blog.uniswap.org/uniswapx-protocol)

Chainlink Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase  
[https://blog.chain.link/ccip-mainnet-early-access/](https://blog.chain.link/ccip-mainnet-early-access/)

The Starknet Stack’s Growth Spurt  
[https://starkware.co/resource/the-starknet-stacks-growth-spurt/](https://starkware.co/resource/the-starknet-stacks-growth-spurt/)

Crypto Wallet Provider Gnosis Launches Self-Custodial Visa Debit Card  
[https://decrypt.co/148844/crypto-wallet-provider-gnosis-launches-self-custodial-debit-card](https://decrypt.co/148844/crypto-wallet-provider-gnosis-launches-self-custodial-debit-card)

Mantle Network Mainnet Alpha: Launch Highlights  
[https://www.mantle.xyz/blog/announcements/mantle-network-mainnet-alpha](https://www.mantle.xyz/blog/announcements/mantle-network-mainnet-alpha)

Solang opens Solana to Ethereum’s Solidity developers  
[https://solana.com/news/solang-solana-solidity-evm](https://solana.com/news/solang-solana-solidity-evm)

Tezos launches Etherlink, a fully decentralized, EVM-compatible L2 solution designed to empower developers and businesses  
[https://www.etherlink.com/](https://www.etherlink.com/)

**US. Coordinated Regulation Failures**

US congressman calls for an end to SEC’s crypto onslaught  
[https://crypto.news/u-s-congressman-calls-for-an-end-to-secs-crypto-onslaught/](https://crypto.news/u-s-congressman-calls-for-an-end-to-secs-crypto-onslaught/)

New bill proposes strict rules for DeFi protocols  
[https://crypto.news/new-bill-proposes-strict-rules-for-defi-protocols/](https://crypto.news/new-bill-proposes-strict-rules-for-defi-protocols/)

CoinCenter, other advocacy groups condemn CANSEE bill for overreach on DeFi  
[https://cryptoslate.com/coincenter-other-advocacy-groups-condemn-cansee-bill-for-overreach-on-defi/](https://cryptoslate.com/coincenter-other-advocacy-groups-condemn-cansee-bill-for-overreach-on-defi/)

SEC seeks public input on Bitcoin ETFs  
[https://crypto.news/sec-seeks-public-input-on-bitcoin-etfs/](https://crypto.news/sec-seeks-public-input-on-bitcoin-etfs/)

Deadlines for U.S. Spot Bitcoin ETF Approvals Come Into Sight  
[https://www.coindesk.com/policy/2023/07/18/us-spot-bitcoin-etf-approval-clock-to-start-wednesday-as-8-applicants-named-on-federal-register/](https://www.coindesk.com/policy/2023/07/18/us-spot-bitcoin-etf-approval-clock-to-start-wednesday-as-8-applicants-named-on-federal-register/)

Judge orders Ripple and SEC to schedule possible settlement conference  
[https://crypto.news/judge-orders-ripple-and-sec-to-schedule-possible-settlement-conference/](https://crypto.news/judge-orders-ripple-and-sec-to-schedule-possible-settlement-conference/)

Valkyrie’s spot Bitcoin ETF proposal is now on SEC’s Nasdaq rulemaking list  
[https://crypto.news/valkyries-spot-bitcoin-etf-proposal-is-now-on-secs-nasdaq-rulemaking-list/](https://crypto.news/valkyries-spot-bitcoin-etf-proposal-is-now-on-secs-nasdaq-rulemaking-list/)

Nasdaq delays rollout of crypto custody service in US to pursue ‘relevant licenses  
[https://crypto.news/nasdaq-delays-rollout-of-crypto-custody-service-in-us-to-pursue-relevant-licenses/](https://crypto.news/nasdaq-delays-rollout-of-crypto-custody-service-in-us-to-pursue-relevant-licenses/)

Senator Kennedy Jr. confronts SEC’s Gary Gensler on crypto regulation  
[https://crypto.news/senator-kennedy-jr-confronts-secs-gary-gensler-on-crypto-regulation/](https://crypto.news/senator-kennedy-jr-confronts-secs-gary-gensler-on-crypto-regulation/)

**World**

China’s digital yuan hits $250 billion in transactions  
[https://crypto.news/chinas-digital-yuan-hits-250-billion-in-transactions/](https://crypto.news/chinas-digital-yuan-hits-250-billion-in-transactions/)

FSB finally publishes global regulatory framework for crypto activities  
[https://crypto.news/fsb-finally-publishes-global-regulatory-framework-for-crypto-activities/](https://crypto.news/fsb-finally-publishes-global-regulatory-framework-for-crypto-activities/)

Crypto influencers, firms must add disclaimers to meme promos, FCA says  
[https://crypto.news/crypto-influencers-firms-must-add-disclaimers-to-meme-promos-fca-says/](https://crypto.news/crypto-influencers-firms-must-add-disclaimers-to-meme-promos-fca-says/)

UK Economic Secretary rejects regulating crypto as gambling, advocates for financial services framework  
[https://cryptoslate.com/uk-economic-secretary-rejects-regulating-crypto-as-gambling-advocates-for-financial-services-framework/](https://cryptoslate.com/uk-economic-secretary-rejects-regulating-crypto-as-gambling-advocates-for-financial-services-framework/)

Kuwait imposes ‘absolute ban’ on virtual assets to combat money laundering risks  
[https://cryptoslate.com/kuwait-imposes-absolute-ban-on-virtual-assets-to-combat-money-laundering-risks/](https://cryptoslate.com/kuwait-imposes-absolute-ban-on-virtual-assets-to-combat-money-laundering-risks/)

North Korean hackers exploited shared cloud service to rob crypto firms  
[https://cryptoslate.com/north-korean-hackers-stole-from-crypto-companies-via-a-shared-cloud-service-provider/](https://cryptoslate.com/north-korean-hackers-stole-from-crypto-companies-via-a-shared-cloud-service-provider/)

Chinese Money Flees the Western World  
[https://www.wsj.com/articles/chinese-money-flees-the-western-world-673d9bbb](https://www.wsj.com/articles/chinese-money-flees-the-western-world-673d9bbb)

Banque de France releases wCBDC experiment findings  
[https://crypto.news/banque-de-france-releases-wcbdc-experiment-findings/](https://crypto.news/banque-de-france-releases-wcbdc-experiment-findings/)

**Thought Leadership**

CBDCs explained: How could they impact global finance  
[https://crypto.news/cbdcs-explained-how-could-they-impact-global-finance/](https://crypto.news/cbdcs-explained-how-could-they-impact-global-finance/)

US banks launch 24/7 Instant Payments – does FedNow reduce risk of CBDCs  
[https://cryptoslate.com/op-ed-us-banks-launch-24-7-instant-payments-does-fednow-reduce-risk-of-cbdcs/](https://cryptoslate.com/op-ed-us-banks-launch-24-7-instant-payments-does-fednow-reduce-risk-of-cbdcs/)

Travel will create a new wave of Web3 mass adoption: Here’s how  
[https://cointelegraph.com/news/travel-will-create-a-new-wave-of-web3-mass-adoption-heres-how](https://cointelegraph.com/news/travel-will-create-a-new-wave-of-web3-mass-adoption-heres-how)

Decentralized science is key to fixing academic research  
[https://cointelegraph.com/news/decentralized-science-is-key-to-fixing-academic-research](https://cointelegraph.com/news/decentralized-science-is-key-to-fixing-academic-research)

Vitalik Buterin shares insights on Ethereum’s account abstraction journey  
[https://crypto.news/vitalik-buterin-shares-insights-on-ethereums-account-abstraction-journey/](https://crypto.news/vitalik-buterin-shares-insights-on-ethereums-account-abstraction-journey/)

**Bonus**

Caroline Ellison’s private writings from the months leading up to Alameda, FTX collapse uncovered in legal discovery process  
[https://cryptoslate.com/caroline-ellisons-private-writings-in-months-before-alameda-ftx-collapse-uncovered-in-discovery-process/](https://cryptoslate.com/caroline-ellisons-private-writings-in-months-before-alameda-ftx-collapse-uncovered-in-discovery-process/)

![](https://storage.googleapis.com/papyrus_images/dbcfee3c28a65240b135d18a3a5262d265e646253b9be56f72af65f4c37a9f39.png)

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*Originally published on [Coinweb.io](https://paragraph.com/@rukawin/the-coinweb-weekly-spin-16)*
