Weekly Update: 09 Feb 2023
1) a16z votes against proposal to deploy Uniswap v3 on BNB Chain [Cointelegraph]
-The venture firm used its 15 million UNI holding to vote against the deployment using the Wormhole bridge.
2) FTX asks politicians who received Bankman-Fried donations to return money [CoinDesk]
– The confidential letters” escalate a fight over what could be $93 million in campaign contributions.
3) Bankrupt Crypto Firm Sends 27,403 Mining Machines to Lender NYDIG [Bloomberg]
– The move will eliminate a $38.6 million machine-backed loan, which were a financing tool during crypto boom.
4) MakerDAO Founder Wants $14M To Fight Climate Change [The Defiant]
– Pregame Constitution Seeks To Allocate 20,000 MKR To Scientific Sustainability Fund.
5) Options Automated Market Maker Lyra Deploys to Arbitrum Network [CoinDesk]
– With the Newport upgrade, Lyra is now integrated with GMX perpetuals, allowing users to benefit from improved capital efficiency and user experience.
6) StarkWare to Open Source Its Ethereum Scaling System [CoinDesk]
– The tech company was valued at $8 billion during a funding round last year.
7) Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch [Cointelegraph]
– Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation.
8) Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation [CoinDesk]
– Montreal-headquartered mining firm specializes in operating from locations with stranded power.
9) US Air Force Pumps $30M Into Blockchain for Supply Chains [Blockworks]
– The US Air Force is still really into blockchain as a way to revamp supply chain management, and it’s betting on Indiana startup SIMBA.
