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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 back to your weekly scroll! This one ranges from a bankrupt lender suing Tether for $3.5B to a crypto user spending $90k on gas fees for a $2k transfer 😭 Reminder to always double check before transacting and to Keep on Scrolling ⛓

• Celsius sues Tether seeking $3.5B in bitcoin returns from sell-off (CT)

• Marathon Digital bitcoin miner seeks to raise $250M for more BTC (CD)

• Putin signs law to legalize crypto mining less than 2 years after avoiding crypto (BM)

• El Salvador announces $1.6B investment into Bitcoin City port (CS)

• Stripe partners with Bitstamp to make crypto buying easier for European users (CD)

• CFTC is fighting crypto leaders on prediction markets ban (TP)

• Brazil approves spot Solana ETF (TD)

• Bitcoin bounces back to $59k after nearing $57k this weekend

• Redacted brings in $10M for web3 x entertainment technology (FSME)

• Moonveil wraps up $9M pre-series A funding (YF)

• TonX announces $4M fundraise from SNZ Ventures and Summer Ventures to scale web3 applications (DJ)

• Helsinki startup Quantlytica closes €1M pre-seed round from Polygon Ecosystem Fund, DWF Ventures, and others for liquidity pool platform (SC)

• Crypto VC Roundup: Adrena lands $18M fundraise and Vessel scores $10M (CN)

• SEC has reportedly subpoenaed 3+ crypto venture capital firms in 2024 (DH)

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• Court fines Ripple Labs $125M for securities law violations (TD)

• Harris follows Trump in hopes to reset democratic stance on crypto with ‘Crypto for Harris’ campaign (CT)

• Brazil CVM (Brazilian SEC) approves the first Solana spot ETF (CT)

• Paul Grewal says crypto should remain non-partisan (CD)

• Binance challenges $86M Indian Tax showcase notice (CD)

• SEC asks to deny Coinbase ‘breathtakingly broad’ subpoena (CD)

• U.S. IRS updates crypto tax form for simplification and security improvements (DT)

• IMF explores BTC risk management strategies with El Salvador (TB)

• White Hat Hacker suspected in $10M Ronin ETH exploit (CT)

• Stackr Labs hacked Atari to disprove on-chain claim (TB)

• PlusToken wallets linked to scam move large amount of ETH (TB)

• ETH Entities complies with Tornado Cash sanctions (CD)

• $350M of ETH hit the market in token release (CT)

• Ethereum and Base DEX activity sees increase while Solana’s falls (BLOCK)

• Solana dominance vs Ethereum (TD)

• A crypto user transferred $2k ETH with an accidental $90k gas fee (CT)

• Hong Kong crypto ETF hit $31M in volume during a selloff (DLN)

• Ethena integrates Solana to increase adoption of USDe (TB)

• Donald Trump memecoin rugpulls (TD)

• Animoca Brands’ secondary share prices fell by 75% (CPOL)

• Michael Saylor says he personally owns more than $1B of Bitcoin (X)

• Caitlyn Jenner auctions NFT parts to sell ties to 1976 Olympic gold medal (@FOS_Today)

• Pump.fun is removing token deployment fees and creating incentives for creators (BLOCK)

• Crypto influencer SolJakey arrested live on stream

• An intelligent approach to intellectual property (M)

• How mobile technology can drive mass web3 adoption (TV)

• Erik Torenberg catches up with Haun Ventures GP to discuss 2024 and the future of crypto (@HaunVentures)

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