$3B German Bitcoin Drop

In partnership with

Sponsor 🤝 Follow Us 🖤 Recent Articles 📰

Welcome to the Crypto Scroll. web3, defi, and crypto news in just one quick scroll. We do the homework so you don't have to.

You can check out our previous articles and please follow us on Twitter!

gm Scrollers,

REBOUND FRIDAY!? ARE WE SO BACK!? This is what happens to us hodlers when markets are just ever-so-slightly green ✅

This could be because Germany is pretty much done selling off their Bitcoin, mostly due to the fact they already dumped 90% of what they owned. Plus: Vitalik and team reflect on the 10-year anniversary of Ethereum; SEC has ended its investigation into stablecoin issuer Paxos; New web3 VCs are popping up left & right; and Donald Trump plans to speak at the Bitcoin 2024 conference this month.

KEEP ON SCROLLING 🖤

• German government sold off $951M of BTC, the most in a single day (17,000) (WG)

• Donald Trump will speak at Bitcoin 2024 conference in Nashville later in July (BLOCK)

• Goldman Sachs prepares to launch 3 tokenization projects by end of 2024 (CBRF)

• Crypto exchange BitMEX pleads guilty to Bank Secrecy Act offense of no anti-laundering programs (JGOV)

• SEC ends its investigation into Paxos, a stablecoin issuer, stating that $BUSD is not a security (WG)

• USDC Treasury mints 250M $USDC via the Solana network (BI)

• BlackRock tokenized treasury fund reaches $500M in just 4 months (CT)

• German government now holds less than $300M in BTC following multi-billion dollar sell off (DT)

• BTC Fear & Greed at lowest since 2023 (CD)

• Crypto rallies slightly this week, markets up around 3%

• Morgan Creek Digital announces plans for new $500M Web3 VC Fund to also include AI, chips, data, blockchain (CD)

• Gatreon Ventures announces new $1M Web3 Fund to invest in RWAs, dApps, DeFi, blockchain technology, and NFTs (TB)

• A new venture and incubation arm called ChainGPT Labs plans to make $100k-$400k investments in web3 startups (FB)

• DBA and Placeholder VC lead $12.5M round for Astria blockchain ecosystem startup (FSME)

• Dora Factory closes $10M strategic funding round for decentralized governance push (ZYC)

• Mamori raises $5M seed round led by Blockchain Capital (@mamori_xyz)

• Bitkraft Ventures leads $2.5M seed round for Cambria blockchain gaming (@playcambria)

• Pixelverse raises another $2M post-launch of Telegram game (BLOCK)

• Nycrypto Labs closes $800k pre-seed funding for blockchain development hub (VCND)

• Auros to invest $50M in crypto startups through VC arm (CD)

• Former Polychain GP, Niraj Pant, broke fund policy making a secret side deal with portfolio company Eclipse for adviser tokens (CD)

• Hypersphere unveils $130M Market Fund (CD)

Intercom for Startups

Join Intercom’s Early Stage Program to receive a 90% discount.

Get a direct line to your customers. Try the only complete AI-first customer service solution.

Apply now

• CFTC chair says ~80% of cryptocurrencies are not securities (WG)

• U.S. House is reconsidering to overturn ruling against SAB 121 Bill that Biden vetoed (DLN)

• Australia’s main stock exchange, ASX, is getting a 2nd spot bitcoin ETF (BM)

• German lawmaker demands strategic overhaul from billion dollar Bitcoin selloff (F)

• Republican National Committee approves new draft to defend right to mine and self-custody bitcoin (@WatcherGuru)

• Could China be changing its mind on crypto (F)

• Trump pledges to halt crypto crackdown (CD)

• Bitwise hit with Fraud Lawsuit over crypto fund conversion(BL)

• Illinois court rules Bitcoin and Ethereum are commodities

• Former Crypto.com compliance officer hit with money laundering charges (PROT)

• Compound Finance site breached according to ZachXBT (CT)

• Elliptic exposes $11B crypto pig butchering scams to be connected to Cambodian online platform, tied to the ruling family (W)(MR)

• Malaysia blames Bitcoin mining for theft of necessary electricity (MLM)

• Dubai customs turns to blockchain for enhanced operations (CS)

• $1M Bounty offer for finding Solana validator bugs (UC) 

• Address associated with crypto draining too Pink Drainer falls for address poisoning (TB)

• How the North Korean Lazarus hacking group has attacked companies, projects, and individuals (@tayvano_)

• Most common ways hackers are gaining access to wallets (AX)

• 27% of ETH supply is being staked (DT)

• An updated list of all applicants of spot ETH ETF S-1 filing (@WatcherGuru)

• 21Shares follows VanEck’s lead as second to file updated S-1 for Ethereum ETF (WG)

• Grayscale Ethereum Trust returns to discounted prices in just days due to ETF news (NB)

• Ethereum launching $2M ‘Attackathon’ network review (CT)

• Ethereum founders reflect on a decade of the network (CT)

• JPMorgan claims the crypto markets will bounce back in August (WG)

• A company has created a microchip to be placed under skin that can store crypto, seed phrases, & transact on the blockchain (VVO)

• Lionel Messi shills Solana token to his 504M Instagram followers via story (@DegenerateNews)

• The Open Network (TON) is getting a new L2 from a third-party (CN)

• Exodus crypto wallet company announces new ‘Passkey Wallet’ for better user experience (CD)

• A bitcoin town in Texas is uncovering health issues (T)

• Celsius aims to recover $100M from users who withdrew funds before bankruptcy (TD)

• Crypto market uncertainty caused by German government selling spree (CS)

• Why tokenized real world assets (RWA) are outperforming crypto (CD)

• Tron’s new fee-free stablecoin could dominate the stablecoin market (AX)

• The potential for automotive blockchain market (CT)

• Emerging funding trends in web3 & crypto (BSC)

• Should your business switch to web3 (F)

• Can web3 rebuild trust in digital transactions (TT)

Advertise Your Brand Here!

Get your name or project across 7,500+ readers by filling out the form below:

Buy High, HODL Lower

Sponsored Content: Today’s newsletter is in partnership with Intercom