• Crypto Sum
  • Posts
  • Arrested In Bahamas: SBF Trial Begins

Arrested In Bahamas: SBF Trial Begins

All web3, defi, vc, and more in one scroll

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.

gm,

  • FTX Founder Sam Bankman-Fried arrested in the Bahamas after U.S. files criminal charges with plans to extradite him (WSJ)

  • SBF's final interview before his arrest (UW)

  • Binance is in the hot seat now as U.S. federal investigations continue, seeing cases of fraud and money laundering

  • Tron's stablecoin USDD loses it's peg on December 12, dropping below $.97 (CS)

  • Less than 10% of Americans are investing into cryptocurrencies, and 65% consider it too risky for investment

  • TCG and Jump Capital back Outdefine with $2.5 million to scale decentralized community for Web3 hiring (VCND)

  • Social Impact NFT startup 'MetaGood' raises $5 million in pre-seed round (TC)

  • Chicago-based crypto insurance startup Evertas brings in $14 million Series A (CD)

  • Nillion closes $20 million to create a non-blockchain network for applications excluding finance (TC)

  • DeGaming is on fire with billions of dollars in funding according venture capitalists (BSTR)

  • Launchpool and Alphabit Digital Currency Fund back MetaVersusWorld ultra-realistic metaverse with $2 million seed round (YF)

  • BlackRock is launching a new metaverse ETF (T-E)

  • Crypto payments app MoonPay gains UK regulator registration (CD)

  • Crypto tax season is almost here, it's time to start planning for it (BW)

  • Canada to prohibit crypto firms from offering leveraged trading to citizens (Decrypt)

  • The global Financial Stability Board will lay out framework and steps for regulation of digital assets (FT)

  • Elon Musk is making an effort to prosecute scammers and crypto bots on twitter (CT)

  • Numen Cyber working with Binance to enhance web3 security (CT)

  • The War on Code and the investigation of Tornado Cash (TD)

  • Chinese Police arrest criminals behind $1.7B money laundering using Tether (BW)

  • Thailand's SEC plans to closely monitor and tighten policies on cryptocurrency in the "best interest for investors" (CT)

  • Inflation slowdown shown after CPI report causes Ethereum, Bitcoin, and most of the crypto market to rise 3% Tuesday morning (DT)

  • Hong Kong property management company CSOP has launched an Ethereum Futures ETF in Asia (INV)

  • Ethereum Virtual Machine (EVM) usage set for explosion in 2023 (CD)

  • Avalanche launches Core Mobile, a mobile version of its flagship crypto wallet (Decrypt)

  • SBF confirmed he was playing video games during his interview with Unusual Whales (@thedropcrypto) (UW)

  • Billionaire investor Tim Draper is still bullish on Bitcoin and decentralization (CNBC)

  • GolBall is bringing blockchain to soccer fútbol (GolBall)

  • South Korea is reporting Do Kwon (creator of Terra) is in Siberia (CT)

  • Arkansas submits proposal to offer cheap Bitcoin mining tariffs (Cryptopolitan)

  • With Binance being investigated & potentially in financial trouble, here is how to withdrawal from their centralized exchange (Stilt)

  • Experts believe these will be the top 5 Web3 trends in 2023 (RCSV)

  • Blockchain can revolutionize businesses Know Your Customer (KYC) process (TC)

  • Review and learn about Robinhood's Web3 wallet for customers (Forbes)

  • A read on the opportunities of wallets within web3 (Medium)

Sponsored Content: There is no sponsored content in this newsletter.