A Crypto Man's Best Friend

Welcome to the Crypto Scroll. Get caught up on all web3, defi, and crypto news in just one quick scroll. We do the homework so you don't have to. Powered by The Drop.

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gm Scrollers,

Hope you had some time to #buidl and relax this weekend. During this weekend, our team saw an abnormal amount of Twitter (X) threads about where Bitcoin stands with it’s current price, the current market, and the upcoming halving event, many takes from both the bullish and bearish sides. Which side are you on? 🐻 or 🐂? Keep on Scrolling ⛓🫡

• Prime Trust files for Chapter 11 bankruptcy (CGK)

• Donald Trump owns ~$3M ETH (CD)

• Paypal is teaming up with ledger to make buying crypto easier (CT)

• Binance loses another payment processor (P)

• Dogecoin takes a dip after the dog behind the meme, Cheems, passed away (TDB)

• BitGo announces massive $100M Series C funding for unicorn status (VE)

• ZTX attracts $13M in funding for web3 infrastructure (TN)

• Affine DeFi closes $7M round from top crypto investors (@AffineDeFi)

• Dexalot awarded $3M lot by Avalanche Foundation (TD)

• Jokerace secures $2M from Seed Club Ventures for blockchain-based contest application (@oracle_xyz)

• Orange Pill, a Bitcoin focused social media, raises $250k pre-seed from Lightning Ventures & NBA Player, Matthew Dellavedova (BTCT)

• SEC expected to approve ETH futures (D)

• The SEC is trying to appeal the ruling on XRP as a security (CD)

• Coinbase wins approval to list crypto futures in US (VE)

• Exactly Protocol exploited for $7M (@BlockSecTeam)

• Blockchain Capital MP and co-founder Bart Stephens loses $6.3M in SIM-Swap hack (F)

• Zunami Protocol exploited for $2M (@BlockSecTeam)

• RocketSwap exploited for $870K on Base (@RocketSwap_labs)

• Two DeFi protocols, Exactly and Harbor, hacked in apparent unrelated events (CT)

• Vitalik Buterin sends 600 ETH (~ $1M) to Coinbase (CD)

• $1.7M ETH “stuck” in Shib L2 network (D)

• ETH Whale sold millions before the market crashed (NBTC)

• BlockFi has opened up crypto withdrawals (@BlockFi)

• Polygon Labs to develop web3 ecosystem in South Korea (TB)

• Friend.tech generates $1M of fees in less than 24 hours (CT)

• 8 Months later, investors are wanting their money back from Logan Paul’s CryptoZoo project rugpull (WGURU)

• Did SpaceX selling BTC cause the price to crash? (CD)

• Predictions on why markets crashed (I)

• Getting crypto grants are hot while VC takes a dip (CT)

• 5 events this week to pay attention to that could impact Bitcoin & crypto (BTCIST)

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