Binance's Co-Mingle Dance: Mixing Revenue And Customer Funds

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Enjoy your midweek web3, blockchain, and crypto news! The space seems super active right now even with all of the regulatory concerns. Bullish 📈 Keep BUIDLing 🧑‍💻 and Scrolling 📜

• Binance mixed company revenue and customer funds according to former employees (REUT)

• Twitter user incriminates himself by mediating sale of stolen NFT (PROTOS)

• CoinBase launches national campaign to promote crypto (PYMNTS)

• Avalanche revealed two new marketplaces coming to tie the blockchain with real-world-assets (NFTNOW)

• Dispersion Capital announces $40M web3 venture fund focused on infrastructure investments, including 20 investments to date (CT)

• Comma3 Ventures announces first close of $20M early-stage web3 infrastructure fund, deploying checks less than $1.5M (DSA)

• Castle Island VC, CoinBase Ventures and others back PYOR (Power Your Own Research) with $4M to advance digital asset participation from institutions (@pyorxyz)

• Sort raises $3.5M for developer tools and smart contracts application (CD)

• Openfront raises $3M for wallet as a service infrastructure (VB)

• FastLane Labs banks in $2.3M seed funding from Multicoin Capital for MEV protocol on Polygon (CD)

• Shima Capital announces new CFO, Brandon Stahl (VCJ)

• SEC presents an 18 point framework for global regulation on crypto (BW)

• Malaysia claims Huobi Global must cease operations (CD)

• $PSYOP creator threatened with lawsuit (CN)

• Rumors of a potential settlement are flying around the Ripple ($XRP) vs. SEC case as time extension is proposed (ZC)

• Grayscale shares update on Filecoin Form 10 registration (GNW)

• Hong Kong expects to lift crypto trading ban (BW)

• $400M in crypto was stolen in Q1, a 70% decrease year-over-year compared to 2022 Q1 (MW)

• The evidence & documentation in the FTX case reaches 6 million official records and documents (NYT)

• Breakdown behind the hack against Yuga Labs’ CEO, Daniel Alegre, Twitter account (NFTE)

• Understanding crypto exchange hacks (F)

• Japan to release anti-money laundering efforts & data reports starting in June (CT)

• Vitalik warns against overloading Ethereum consensus layer (CT)

• Solana launches ChatGPT plugin (TC)

• Polkadot project Manta Network rolls out privacy-centric SBT (DECRYPT)

• Assassin’s Creed to drop exclusive NFT project on Polygon (NFTC)

• $ETH struggling to cross $1.9k (CT)

• Clash of Clans founders release web3 game (@AOTactics)

• Pudgy Penguins debuts on Amazon with $500,000 in sales (BW)

• GameFi to launch web3 poker platform (CT)

• LALA scores partnership with “Wolf of Wall Street” movie for digital collectibles marketplace (BSTR)

• BlockFi’s “corrective letter” to creditors (@BlockFi)

• Winklevoss twins look to take their crypto empire overseas (TG)

• Is Crypto Market near term upside capped? (CD)

• ChatGPT’s ETH price prediction - and other prompts to follow (F)

• Staying creative in the world of AI and Web3 (e27)

• A16Z talks business strategy in web3 (a16z)

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