OTC (Over The Counter) Weekly Trading Insights (11/16/2023)

Singapore's Central Bank Announces Initiatives to Ensure Safe and Innovative Use of Digital Currencies

Microsoft Announces Azure Maia AI Accelerator Chip and Expands Partnerships with Nvidia and AMD

South Korea's Financial Regulator Seeks to Establish Virtual Asset Oversight Organization

Whale Accumulates 88,000 ETH Worth $180 Million Since October 2021

Polygon Gas Fees Surge to Around 1000 GWei

US Lawmakers Urge Treasury to Revise Proposed Digital-Assets Taxation Regime

Polytrade Finance Set to Launch RWA Market by December 2023

Philippines to Launch First Tokenized Government Bonds

Mutant Ape NFT Founder Pleads Guilty to Wire Fraud Conspiracy

Mocaverse Announces Third Phase Mint of Moca ID to Launch on November 16

Arbitrum Proposes Community Plan to Increase Funding for Successful STIP Proposals

Hinkal Protocol Raises $4.1 Million in Funding Led by Draper Associates

StraitsX Receives Preliminary Approval for Stablecoin from Singapore's Monetary Authority

ENS Launches Open-Source EVM Gateway to Enhance Interoperability Between L1 and L2 Chains

Paxos Receives Preliminary Approval for Digital Payment Token Services in Singapore

Convex Platform Now Supports PRISMA Token Staking and Liquidity Mining

Solana Gains Over 17% After ARK Invest CEO Praises Network's Efficiency

WPS AI Launches Public Beta for All Users

Grayscale's Ether Futures ETF Seen as 'Trojan Horse' for Spot ETF Approval

ZkLink Launches Layer3 Network Nexus To Connect Ethereum ZK Rollup Solutions

Sui Network Launches New Round of Academic Research Awards

Polygon Distributes 217 Million MATIC Tokens to 70 Addresses

Elon Musk Announces Early Testing Phase for xAI Project Grok's API Access

Shiba Inu Partners With Boxing Legend Manny Pacquiao And Announces NFT Giveaway

Nocturne v1 Successfully Deployed to Ethereum Mainnet

IMF Managing Director Encourages Policymakers to Embrace CBDCs

New York State Department of Financial Services Issues Updated Crypto Listing Guidance

Square Enix's Blockchain Game Symbiogenesis: Everything You Need to Know

Nearly Half of Crypto Lost in Web3 Exploits Due to Web2 Security Issues, Report Finds

DYdX Enters Beta Mainnet Amid Criticism Over Staking Rewards

SEC Delays Decision on Grayscale's Ethereum Futures Trust Until 2024

Blockchain Security Firms Warn of Phishing Risks with Apple's App Sideloading

SEC Proposal Could Reshape Access to Digital Assets for RIAs and Asset Managers

Tether and Bitfinex: Class Action Lawsuit Rejected by Court, Plaintiffs Waive Right to Appeal

CFTC Chairman Urges Congress to Support CFTC to Regulate Digital Commodity Markets Amid Encounterable Risks

Superstate, Compound Founder's New Venture, Raises $14 Million in Funding Headed by CoinFund and Distributed Global

Binance Labs Prioritizes Startups with Existing Products and Revenue amid Regulatory Challenges

G2A Launches Blockchain Gaming Marketplace G2A Geekverse

El Salvador's Bitcoin Holdings Estimated at $16 Million Loss

PancakeSwap Launches Gaming Marketplace With Two Flagship Games

XRP Faces Resistance at $0.92, Anticipates Retracement Towards $0.54

As Bitcoin ETF Application Window Nears Closure, Bitcoin ETP Fund Inflows Hit Historic Highs

Starknet Recovers From Bug That Halted Block Production For 40 Minutes

Layer1 Blockchain Sei Receives Strategic Investment From USDC Issuer Circle

Kinetex Completes Strategic Funding Round Led by Factor and Gnosis Chain

Circle Invests in Sei Network to Facilitate Native USDC Launch

Phantom Galaxies Launches in Early Access with Web3-Enabled Version

Microsoft, Tencent, and Others Partner with Consensys to Decentralize Infura Network

Uniblock Raises $2.3 Million in Funding to Develop Web3 API Platform

Lightning Network Protocol Nostr Assets Protocol Dual Currencies TRICK and TREAT Experience Significant Gains

Critical Bootloader Vulnerability Discovered in Solana Phone

OpenAI Pauses New ChatGPT Plus Sign-Ups Due to High Surge in Usage

Bakkt Holdings Relaunches Custody Platform With Isolated On-Chain Wallet Addresses

Former Genesis Global Executive Martin Garcia Joins VersiFi as Co-CEO

National Hockey League Launches NFT Collectibles Initiative NHL Breakaway

Cetus Protocol: Sui Ecosystem Set to Launch a New Round of Ecological Project Acceleration Activities

Gitcoin Announces Launch of Gitcoin Grants 19 with Over $1.24 Million in Matching Funds

Optimism Foundation to Transfer 22 Million OP Tokens Between Wallets

Ethereum Layer 2 Network Kinto Raises US$5 Million Across Two Funding Rounds

Commerzbank Obtains Cryptocurrency Custody License

Axelar Partners with JPMorgan Chase Onyx and Apollo for Next-Generation Proof-of-Concept

Layer2 Network Kinto Raises $5 Million for AML-Compliant Development

Binance Labs' Investment Catalyst for ARKM's Short-lived Breach of $0.61, Surging 27% in 24 Hours