All About That Base

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Another strong week of progress for crypto in the markets, overall activity, and news! ETFs are still on the forefront of headlines; Coinbase’s Layer2 Base was launched; Venture capital deployment is on the rise; SEC is appealing the previous ruling of XRP security case. There’s plenty more headlines below. Thanks for being the best community ever and keep on scrolling 🖤⛓

• Coinbase launches Base Blockchain (CD)

• There are over 7K BTC ATMs in America (MR)

• Singapore Red Cross to start taking crypto donations (CB)

• Circle launches programmable wallet beta (BW)

• Microsoft teams up with Aptos blockchain (CP)

• Riot, a Bitcoin mining company, has significantly reduced their cost to mine 1 BTC to less than $9k (@BitcoinNewsCom)

• The top 15 ETF performances of 2023 are crypto related

• Illuminati Capital closes new $50M fund for early stage web3 blockchain investments, including games (VB)

• Cube3.AI and SphereX both raise $8.2M rounds for blockchain security (NFTG)

• Framework Ventures leads $7M round for Miami-based Spearbit blockchain security technology (RFM)

• Binance Labs backs AltLayer with $7M strategic investment for Rollups-as-a-Service (RaaS) (FF)

• Xverse raises $5M from Franklin Templeton (TB)

• Binance Labs commits $5M strategic investment into Curve (CD)

• Zeeve, a web3 infrastructure strartup, receives $1M follow-on investment from ExpertDojo VC (EIN)

• Coin98 receives 7-figure backing from DWF Labs to accelerate web3 adoption (BR)

• 18 VC Firms dragged into FTX drama in new class-action lawsuit (B)

• SEC to appeal judge’s non-security ruling of XRP (WGURU)

• Kenyan authorities raided worldcoin warehouse (CS)

• No Playbook for public company blockchains Coinbase claims (CD)

• FTX Exec talking to prosecutors about plea deal (CD)

• Bittrex agrees to $24M settlement with SEC (DT)

• SEC & Quantstamp agree on settlement over securities laws violations (@WhaleChart)

• The Fed started a new program to oversee banks’ crypto activities (CD)

• Curve Finance releases $1.8M bounty to identify hacker (BW)

• Cypher protocol $1M SOL & USDC smart contract exploit (CT)

• 50% of ETH has been burned since merge (B)

• 7 Major Asset Managers file for ETH ETF (TD)

• India wants to use tokens to digitally sign documents (CD)

• Liquidity staking protocol Rocket Pool token skyrockets 10% after Coinbase Ventures announces strategic investment (BLOCK)

• Digital Asset Funds Flow has been released for this week (CS)

• Huobi stablecoin reserves could be facing insolvency (CD)

• Reddit Tokens pump after Kraken listing (D)

• A16Z crypto hints at a project coming soon (@a16zcrypto)

• Reddit Moons and Bricks tokens soar 40% and 76% respectively, after Kraken launch (DT)

• Algorand and the Clinton Foundation partner to combat climate change (CN)

• Market Update 📈

• How web3 can be used in hotels (HTN)

• Circle’s new Wallet Service for developers (FF)

• MPC vs Multi-sig wallets (CGO)

• LBBank Labs partnership with universities worldwide for blockchain bootcamps (AMBC)

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