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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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Here is your mid-week edition. Keep on Scrolling to dive into some awesome headlines about: Multiple billion dollar asset managers are making large investments into spot Bitcoin ETFs; Bluesky loses Jack Dorsey from their board; ETH ETFs show no sign of hope; and Google is hopping back on the web3 train!

• Jack Dorsey leaves board of decentralized social network Bluesky (M)

• FTX expects ‘almost’ all customers to get refunded, around $11B (WG)

• $440B asset manager Susquehanna discloses $1.3B investment in BTC ETFs (WG)

• $130B asset manager Hightower jumps into BTC ETFs (WG)

• Cardano founder proposed Bitcoin Cash integration (M)

• Bitcoin passes 1B all time processed transactions (TB)

• Largest Bitcoin Rune is down 85% in a month (P)

• Crypto venture capital funding hits $1B for second straight month (CT)

• Sophon raises $60M in node sale with multiple venture investors participating (BLOCK)

• Arbelos Markets scores $28M seed funding led by Dragonfly Capital (BLOCK)

• Lagrange Labs gets backed by Founders Fund with $13.2M (BLOCK)

• Swiss startup Anapaya Systems raises $10M for web3 communication infrastructure technology built at ETH Zurich (VL)

• Galaxis raises $10M doubling down on NFTs (M)

• Protocol Village non-custodial platform raises $4.1M (M)

• OKX Ventures makes strategic investment in multiple portfolio companies of web3 venture studio EVG (PRN)

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• SEC delays ETH ETF… again (TB)

• SEC has sued one crypto company a month since last November (CD)

• Former Cred executives indicted on wire fraud (CD)

• Coinbase is facing a new class action lawsuit (TB)

• A Trump re-election could be extremely positive for Bitcoin (WG)

• Crypto Super PACs have raised over $100M ahead of the election (CTZN)

• U.K. minister warns against stricter crypto regulations (CGP)

• Layer 0 Labs reveals new way to combat sybil farmers (M)

• Poisoned wallet address losses $70M in suspicion WBTC transaction (TD)

• Poloniex hacker send $3.3M worth of ETH to Tornado Cash (CD)

• Gnus.AI lost $1.27M in a token-minting Discord hack (CT)

• Base unveils second on-chain summer hackathon (TD)

• Ethereum stablecoin volume shattered its monthly record in April (TB)

• Grayscale withdraws Ethereum futures ETF (CT)

• EIP-7702 proposed by Vitalik Buterin to improve account abstraction (BLOCK)

• Ripple CEO is supporting ETH against the SEC (C)

• Fidelity pension funds are exploring crypto (TD)

• Google looking to get further involved in web3 and blockchain tech (Y)

• Wallet developer Exodus receives approval for NYSE listing (TB)

• A Bitcoin whale moved 687 BTC ($44M) after a decade of dormancy (DT)

• Ohio State commencement speech takes weird turn including ayahuasca and Bitcoin (DT)

• Coinbase has a goal to prove crypto’s utility (P)

• The roll of AI in better airdrop campaigns (CT)

• Sidekick launches educational initiative to bridge web2 and web3 (D)

• Venture Capitalist Chris Dixon wants to overhaul crypto industry reputation (BBG)

• Countries seeking USD stablecoin and the history & uses of stablecoins (FTBF)

• Cryptocurrency and stablecoins have strengthened need of USD as a backup currency (KUNL)

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