Weekly Industry Update: September 11 - September 17
Last Week in Review

Weekly Industry Update: September 11 - September 17

Here’s your recap of top 15 industry news and insights from last week:


  1. Paxos, who paid approximately $500,000 for BTC transaction fee, receives it back from miner (CT)
  2. Visa adds support for users to send or receive USDC settlement payments through Solana (Paypers)
  3. Deutsche Bank to offer crypto custody and tokenization services in partnership with Taurus (D)
  4. Ethereum launches new testnet, Holesky on the Ethereum Mainnet (Bitcoinist)
  5. The sale of FTX digital assets worth $3.4 billion approved by court in weekly batches (CT)
  6. CEO of Binance US steps down amid another round of layoffs (D)
  7. Crypto trading platform BitGet is launching $100M fund to invest in exchanges (CD)
  8. Swiss-based Freename AG receives $2.5M in its seed round to transform the Web3 domain naming system (F)
  9. SWIFT announced 3 central banks testing CBDCs, including Hong Kong Monetary Authority and National Bank of Kazakhstan (DH)
  10. CoinEx cryptocurrency exchange drained of $53M in crypto hack (BD)
  11. Cathie Wood’s ARK Invest files for first Spot Ether ETF (Reuters)
  12. Ethereum network gas usage and transaction fees decreased to 2023 lows (D)
  13. Bitcoin now uses more than 50% clean energy for crypto mining operations (Bitcoinist)
  14. Boerse Stuttgart Digital planning to roll out a fully insured crypto staking service in 2024 (Bitcoinist)
  15. Billionaire Mark Cuban loses $870,000 in crypto scam (D)
  16. Germany, Poland and Spain were the most popular countries using Swapin’s crypto-to-fiat payment solutions last week
  17. The most popular cryptocurrency transacted with last week using Swapin - USDT for individual and BUSD for business customers


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