This week in web3 #8

Every Friday afternoon, we share with you the most important news of the week in the world of web3.

This week in web3 #8

1️⃣ BlockFi files for bankruptcy

Crypto firm BlockFi filed for Chapter 11 bankruptcy protection in the wake of FTX’s bankruptcy. https://www.cnbc.com/2022/11/28/blockfi-files-for-bankruptcy-as-ftx-fallout-spreads.html

2️⃣ Phantom expands to Ethereum and Polygon

Phantom, so far a Solana-only crypto wallet, just announced its expansion to Ethereum and Polygon, posing a potential threat to the current market leader, MetaMask.  https://www.theblock.co/post/190241/crypto-wallet-phantom-is-expanding-to-ethereum-and-polygon

3️⃣ Brazil approves Bitcoin as payment

Brazilian lawmakers have approved a complete regulatory framework for the trading and use of cryptocurrencies in the country. https://bitcoinmagazine.com/legal/brazil-approves-use-of-bitcoin-as-payment

4️⃣ The Graph expands to Polygon

The Graph, a web3 protocol for interacting with blockchain data via GraphQL that was only available for Ethereum so far, just announced they would expand to Polygon very soon. https://twitter.com/graphprotocol/status/1598287276618182656

5️⃣ NFTs are live on Uniswap

You can now trade NFTs across major marketplaces on Uniswap, to find more listings and better prices. https://twitter.com/Uniswap/status/1597953698449494022

6️⃣ Stripe introduces fiat-to-crypto onramp

Stripe is getting more involved in crypto, releasing a customizable and embeddable fiat-to-crypto onramp. https://twitter.com/stripe/status/1598361957836279809

7️⃣ Ankr exploited for over $5M

An attacker was able to mint 6 quadrillions of Ankr's token aBNBc, which they eventually turned into roughly 5 million USDC. https://www.coindesk.com/markets/2022/12/02/defi-protocol-ankr-exploited-for-over-5m/