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Yuga Labs openly shares about company restructuring to re-find it’s proper path following new CEO takeover in February. Plus, ETH ETFs are still the hot topic for institutional and retail investors. Dive deeper into these topics and more headlines below ⛓ Keep on Scrolling!

• Yuga Labs lays off handful of team members of as CEO says ‘we’ve lost our way’ (BLOCK)

• CryptoPunk sells for 4K ETH, $12M (TB)

• Immutable is launching a $50M gaming rewards program (TB)

• Morgan Stanley explores letting Brokers recommend BTC ETFs (AH)

• Forbes releases ‘Zombie Chains’ report about largest chains with smallest use case value (F)

• Insight into Pantera’s $1B fund goals (CT)

• Movement Labs raises $38M for rollup (CD)

• SendingNetwork raises $7.5M from Balaji Srinivasan (@Sending_Network)

• Stablecoin firm OpenDelta secures $2.5M pre-seed for Bitcoin tokenization (CD)

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• Consensys is fighting back against the SEC (CD)

• Franklin Templeton enabled peer-to-peer transfer for its on-chain government money fund (TB)

• Australia is nearing Bitcoin and Ethereum ETF approval (CD)

• ZKasino sends $33M to Lido instead of investors (TD)

• FBI warns Americans against using unregistered crypto money transmitting services (TB)

• $129K exploit on Magpie (M)

• Rico suffers $36K exploit on Arbitrum (@ricocreditsys)

• Arbitrum team supports Optimism avoiding major exploit (DT)

• Defaults found in FaultDisputeGame contract by Offchain labs (OPL)

• Ether sees price jump as transaction costs hit 6-month low (BiC)

• The SECs ETH bank shot (FC)

• Franklin Templeton looks to launch ETH ETF (CT)

• Determining if ETH is a security in Consensys vs. SEC case is will take ‘years’ (BLOCK)

• Why ETH is failing to keep up with BTC (DLN)

• Stripe to launch support for global stablecoin payments this summer (P)

• Trader earns $23M flipping Solana memecoins (CT)

• Runes generates $135M in fees in first week (TB)

• A solo miner mined entire valid block, worth 3.125 BTC (CT)

• Solana memcoin Dogwifhat surges 1500% on Bybit listing (BLOCK)

• Does the metaverse need to be on the blockchain (M)

• How inflation can help BTC (CT)

• Are public blockchains better for decentralization than private blockchains? (FT)

• Solo Bitcoin mining is rare, but is a major win for a valid mined block (BCC)

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