Big Shark Becomes Crypto Prey

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September 18, 2023

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Another week of important waves & headlines in the ecosystem: FTX is liquidating large amounts of crypto; Blackrock is rumored to be focused on Ripple (XRP); Mark Cuban has been hacked for $980k of crypto; and TikTok is being flooded and ruined with Elon crypto scam videos. Tired of waiting… Wen bull run??? Keep on scrolling ⛓👇🏼

  • Genesis has ceased all trading options (CD)

  • Blackrock shifting it’s focus: BTC —> XRP (INV)

  • JPEX gets busted along with crypto influencer ‘jolamchok’ (CT)

  • Ripple aims to make all eCommerce companies into crypto companies (P)

  • ETH test net Holesky to allocate 1.6B ETH for devs (CT)

  • How Europe’s new Spot Bitcoin ETF can impact global markets (YF)

  • MantleEco’s $200M Fund is already making waves in the web3 world (BZ)

  • Reverie raises a $20M Fund I for early stage investments, created by former DCG & Blockchain Fund investors (TC)

  • Mocaverse picks up $20M funding round from creator & investor, Animoca Brands (CG)

  • 0xPass secures $1.8M Seed round for web3 login security (TC)

  • FTX can now sell its digital assets (VM)

  • Elizabeth Warren anti-crypto bill get more support from senators (CS)

  • Japan to allow crypto as startup funds instead of traditional equity (CT)

  • NFT collection ‘SleepDrops’ drain $11.5M from Ethereum users’ wallets (BLOCK)

  • Coinbase earned $1M due to hack (M)

  • North Korean stolen crypto reaches over $3.4B (M)

  • Mark Cuban loses $870K in crypto scam (D)

  • Ethereum network Holesky did not launch (@parithosh_j)

  • ~4K ETH was just burned (B)

  • 1 year after PoS transition marks $1.5B in burned ETH (CG)

  • Community-built zkEVM could launch in a few weeks (CT)

  • Ethereum may no longer be the top token to institutional investors (ZYC)

  • Deutch Bank teams up with Taurus for tokenization (CD)

  • Braven Howard’s returns on digital assets (B)

  • PayPal rolls out web3 payment ramps (CN)

  • Dubai to host largest web3 conference (B)

  • FTX liquidation unlikely to cause market shock according to Coinbase (CD)

  • LayerZero x Google Cloud partnership (LZ)

  • TikTok ruined by Elon Musk crypto scams (BC)

  • Learn from the crypto halving cheatsheet (TDH)

  • Top 10 web3 projects that will own the future (ANIN)

  • GetBlock wins the most prestigious award for ‘best Blockchain-as-a-Service’ (BaaS) (BP)

  • Paradigm’s shift from “crypto & web3” to “research-driven investor” (INFO)

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