Infura 🤝 Microsoft

⚡ Meet the Infura Decentralized Infrastructure Network

Infura Unveils DIN Partners: Infura, at the 2023 Decentralized RPC Summit, introduced the partners of the Decentralized Infrastructure Network (DIN). These include Microsoft, 0xFury, and others, marking a significant collaboration between legacy cloud providers and crypto-native operators.

A Decentralized Web3 Vision: DIN aims to be a decentralized RPC-as-a-service solution, enhancing access to web3 data. Infura's EG Galano expressed gratitude for the progress made since DIN's announcement, emphasizing its potential impact on developers and users in the web3 ecosystem.

Towards a Federated DIN: DIN's first version will be federated, involving collaboration on challenges like latency and scalability. Thomas Hay highlighted the value of partner expertise in distributed computing. Infura invites more members to join and contribute to the DIN roadmap. READ MORE.

☕️ On today's Top Picks:

📰 Crypto News

• ⭐️ Infura unveils partners that will power its Decentralized Infrastructure Network (DIN), a decentralized RPC-as-a-service solution.

• US SEC delays decision on Hashdex's application to convert Hashdex Bitcoin futures ETF to spot ETF, but said it would make a decision by Jan 2024.

• Blackrock files for spot Ethereum ETF with US SEC.

• Binance to launch cryptocurrency exchange in Thailand through joint venture with Gulf Energy.

• Tether to invest $500M in Bitcoin mining farms over the next 6 months.

• ⭐️ Nick Johnson, lead developer at Ethereum Name Service; criticizes Unstoppable Domains for patenting blockchain domain technology.

• Aave companies rebrand to Avara that umbrellas Aave, Lens Protocol, GHO, Sonar, and Family.

• EigenLayer launches Stage 2 testnet for EigenLayer and EigenDA that introduces new functionality for restakers, operators, and developers.

• Paxos to launch new USD-backed stablecoin in Singapore.

• Chainflip Labs announces $FLIP Token Generation Event (TGE) set for Nov 23rd.

• Web3 Foundation launches Decentralized Futures, a Polkadot initiative that allocates 20M USD and 5M $DOT to fuel projects.

• US Court dismisses a class-action lawsuit against Tether and Bitfinex.

• New York State Department of Financial Services (NYDFS) unveils new restrictions that mandate cryptocurrency companies submit their coin listing and delisting policies for NYDFS approval.

• a16z crypto releases State of crypto 2023: Spotlight on crypto policy report.

⚡ Alpha

• Olimpio posts Gitcoin Grants 19 thread containing a list of projects to donate to on X.

• Polygon zkEVM Saga Campaign week 5 is live on Intract.

• Stargate launches educational campaign on Galxe.

• Starknet Quest launches LaFamiglia Rose quest in partnership with Nostra Finance.

• Catalyst launches Lynx Testnet - opBNB & BNB Chain quest on Galxe.

• the Farcaster: Fennec Fox NFT on Zora or Warpcast.

• DeBank reveals new Web3 Badge. Users who have a Total Value of Followers (TVF) greater than $1B on DeBank can mint the badge beginning Nov 18th.

🪂 Airdrops

• ⭐️ Pyth Network announces retrospective airdrop claim process is set to open on Nov 20th at 1400 UTC.

• Airdrop Official posts airdrop updates about Jupiter, Pyth, Celestia, Starknet, Linea, and LayerZero on X.

• mztacat posts thread on EtherScore, a Web3 reputation system; on X.

📰 Finance News

• South Korea’s National Pension Service buys ~$20M worth of Coinbase $COIN shares.

• ⭐️ US SEC requests federal judge force Elon Musk to testify regarding his acquisition of X.

• South Korean prosecutors call for Samsung chairman Jay Y. Lee to be jailed on charges of accounting fraud and stock price manipulation.

• Philippines to offer tokenized government treasury bonds worth $179M starting Nov. 20th.

• Exxon Mobil to invest up to $15B in a petrochemical project and carbon capture and storage (CCS) facilities in Indonesia.

🛡 Security and Exploits

• Poloniex deposit and withdrawal services set to resume in the coming week.

• ⭐️ Solana Labs states, "The CertiK video does not reveal any known vulnerability or security threat to Saga holders," in reference to CertiK's claims that the Solana phone has a bootloader vulnerability.

• ZachXBT posts warning regarding a large network of bot accounts impersonating him and other prominent companies that will claim x project is hacked and then lead the victim to a phishing link.

Token Unlocks

• Oasis Network / 196M $ROSE / ~$13.01M / 18 NOV

💰 Funding

• Taproot Wizards, a Bitcoin Ordinals project; raises $7.5M in Seed funding led by Standard Crypto.

• Sleek, a Web3 social network platform; raises $5M in Seed funding

• Shardbound, a Web3 multiplayer collectible tactics game; raises $5M.

• Hinkal, a privacy protocol; raises $4.1M in funding led by Draper Associates.

• Union, a hyper-efficient zero-knowledge interoperability layer; raises $4M in Seed funding led by Galileo.

• Rho Protocol, an onchain interest rates market for institutions; raises $2.2M in pre-Seed funding led by Speedinvest.

• Artifact, a universal player profile platform; raises $2M in pre-Seed funding.

• Nirvana Labs, a blockchain infrastructure company; raises $1.2M in pre-Seed funding.

🌾 The Degen Farmer