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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.

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gm Scrollers,

Welcome your middle of the week scroll! Are everyone’s eyes okay from the eclipse??? Well keep scrolling to view the best headlines in crypto, web3, and blockchains from the past few days 👀

  • Do Kwon, Terraform Labs founder, was found liable for fraud by judge (BW)

  • Ripple CEO believes crypto market will hit $5T by EoY (CNBC)

  • VanEck CEO says crypto community should focus on lowering transaction fees, not related exchange funds (CD)

  • Binance trading volumes increased 121%, passing $1.1T in volume in March (CT)

  • Kyrbia and JP Morgan partner for blockchain-based cross border payments (P)

  • Bitcoin exchange reserves have dropped to multi-year low (TB)

  • Fidelity now holds over $10B BTC for its Spot Bitcoin ETF (WG)

THE HALVING IS NEAR

  • Bitkraft launches $275M gaming fund (CT)

  • Galaxy Digital continues to fundraise from external investors for $100M Fund (BBG)

  • Sora Ventures launches $3M Runes Liquid Fund to invest onto the protocol (CS)

  • Monad Labs closes largest crypto VC deal in 7 months with $225M raise at $2B valuation (PB)

  • Metaplex scores $46M including backing from Michael Jordan and Allen Iverson for Solana NFT marketplace (AOL)

  • Raiinmaker closes $7.5M fundraise for web x AI technology (BLOCK)

  • ETH-L2 startup LightLink grabs $6.2M in a seed extension round (CN)

  • Sfermion and Big Brain co-lead $5M seed round for web x Gen AI startup, Today (VB)

  • Zulu raises $3M pre-seed round for Bitcoin L2 (YF)

  • Multiplayer Fellowship to offer mentorship and $50k checks for on-chain gaming startups (TV)

  • Insight into the minds of crypto VCs and the current market (@reganbozman)

  • Q1 2024 sees major 38% bounce back for web3 and blockchain startup funding (CTVP) (CS)

  • VCs dumped over $2B into crypto startups and tokens in Q1 (CGP)

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  • Coinbase strikes major win in SEC lawsuit on securities (ACBZ)

  • Hashkey secures license in Bremuda for new CEX, Hashkey Global (BLOCK)

  • South Korean Party wants to give access to US Bitcoin ETFs (BBG)

  • Bitcoin mining ban posed in Paraguay over power problems (M)

  • eToro under scrutiny by Philippines SEC for selling unregistered securities (CT)

  • New Argentina regulations around government registration for specific companies & individuals receives backlash (BLOCK)

  • Hong Kong was praised by Cathie Wood for pro-crypto regulations (BiC)

  • U.S. seeks strict crypto laws to reduce use by terrorists (BiC)

  • Crypto trader shares his recent multi-wallet hack, totaling ~ $800k (@sell9000)

  • GETH vulnerability disclosed (I)

  • Crypto trader Avi Eisenberg’s fraud trial begins soon for $110M fraud scheme (CD)

  • Chainalysis picks up former IRS Criminal Investigations Chief to serve as Global Head of Capacity Building (BLOCK)

  • Web3 security incidents and exploits lead to $139M lost in March (CFI)

  • Google is suing developers of a crypto investment scam application (THN)

  • JPMogran suggests the SEC will eventually approve Ethereum Spot ETFs (BLOCK)

  • Ether could avoid designation as security with centralization risk easing (CD)

  • Ethereum foundation proposal to slow ETH issuance draws pushback (CD)

  • Crypto Punk #2306 sells for $1.1M (@thedropnft)

  • Base passes $4B in Total Value Locked with a 13% jump last week (CT)

  • ETH jumped to $3.7k as Alameda transfered $14.75M ETH to Coinbase, before dumping below $3.5k yesterday (BiC)

  • BAYC announces ‘ApeFest’ in Lisbon, October 2024

  • Frax stakers on track to earn $20M annually (TD)

  • The average crypto portfolio is up $2804 this year (TB)

  • Ton blockchain partners with HumanCode to compete against Worldcoin for an identity solution (@ton_blockchain)

  • Universal Basic Smartphone: a new concept from Ton Blockchain (@oysterecosystem)

  • Wormhole token takes a dump following airdrop after Solana network sees major issues with network congestion (DT)

  • Lil Wayne, Pharrell, and more to take part in Doodles animated film (DT)

Bitcoin Halving searches are multiplying as it nears (<10 days)

Image provided by Google Trends

  • Utilizing web3 for in-person events to drive fan engagement (CN)

  • India proves web3 dominance with 1000+ web3/crypto startups (ET)

  • Why VC Galaxy Interactive partnered with Japanese enterprise DMM for web3 (PRN)

  • Wall Street’s Bitcoin wants are an issue for supply vs. demand (DLN)

  • Potential for Bitcoin price to dump following the halving, according to Arthur Hayes (CD)

  • 6 ways Bitcoin mining will be impacted by the halving (CD)

  • Bitcoin halving predicted to be April 17 - April 20, so here’s everything to know (CBS)

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