This Week in Crypto (Through December 15)
DYDY Launches on Cosmos Layer 1, Solana Leads Layer 1s, TradFi Takes Center Stage, RWA Platform Journey to Multichain Future, Privacy-first Content drives Web 3 Adoption, Friend.tech Signups Falter
Blockchain Infrastructure
News about: Layer 1s & Layer 2s, Interoperability Consensus Mechanisms, Data Storage & IPFS
3 of the biggest blockchain tech developments in 2023
Blockworks | Bessie Liu
"The crypto ecosystem achieved major technology milestones... Developments in infrastructure and technology sectors include innovations designed to make blockchains faster, more secure, and private."
Digital Assets & Financial Innovations
News About: NFTs, DeFi, Real World Assets (RWA), DAOs, Token Standards
Cryptoverse: Bitcoin defies its doubters in 2023
Reuters | Medha Singh and Lisa Pauline Mattackal
"Bitcoin has bounced pluckily in the face of depressed crypto prices, low trading volumes and tough economic conditions... The king of cryptocurrencies has leapt 164% since Jan. 1 and is trading above $40,000."
Matrixport's $45K End of Year Target for Bitcoin Looks to Be Accurate
Coindesk | Sam Reynolds
"Matrixport seems to have nailed it this year... as the $45,000 end-of-year price prediction it made on February 1 will very likely come true."
Web3
News About: Web3 & DWeb, Decentralized Identity
Web3 Rewards System, Aura Exchange Set to Launch AURA 0.00%↑
Aura Exchage | Author not specified
"Aura Exchange, the first comprehensive web3 reward system, is set to launch $AURA token—an advanced marketplace coin that adds real-time value and utility to web3 projects, traders, and creators."
Bybit Unveils Its Web3 Vision: Pioneering Simplicity, Openness, and Equality in the Decentralized Ecosystem
Yahoo Finance | Author not specified
"Bybit, the world's third-largest crypto exchange by volume, today unveiled its forward-thinking Web3 vision on its 5th anniversary, aimed at creating a decentralized ecosystem that is Simpler, Open, and Equal for all."
Enterprise & Adoption
News About: Corporate Adoption & Public Markets
Enterprise Digital Asset Adoption Survey Shows the Future of Finance is Here Today
Paxos | Author not specified
"99% of all financial services companies said they are pursuing a blockchain solution. This shift from curiosity to full integration of digital assets is indicative of the transformative power these technologies hold for the future of finance."
Goldman Sachs digital assets chief sees 'huge appetite' for blockchain assets
Reuters | Elizabeth Howcroft
"Goldman Sachs expects a 'significant uptick' in trading volumes of blockchain-based assets within the next one or two years... There was a 'huge appetite' for digital assets, which has 'grown significantly' in the last 12 months."
Gaming/Metaverse
News About: Gaming & Metaverse
Gamefam Emerges as Metaverse Developer of the Year with Record Revenue and Top-tier Games
Cryptoflies News | Author not specified
"Gamefam has achieved a 35% YoY revenue growth, expanded its workforce to over 200 employees, and developed a portfolio of over 30 games, marking 2023 as its most successful year in metaverse gaming."
Reebok and Futureverse Partner to Bring Blockchain Gaming and Virtual Experiences to the Metaverse
Technology Solutions for Home | Author not specified
"Reebok partners with Futureverse to develop blockchain and AI-powered games and metaverse experiences, extending its brand presence into the virtual world."
Regulation & Compliance
News About: Regulation, Tax Implications, AML/KYC
What's next for crypto
MIT Technology Review | Mike Orcutt
"Last month's sudden implosion of the popular cryptocurrency exchange FTX has intensified a political war for the soul of crypto... The future of finance hangs in the balance."