Bitcoin ETF Drama Comes With Bullish 6 Figure Price Predictions

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Keeping it simple today; here’s your mid-week update: more news on Bitcoin ETF approvals, $BTC price predictions, corporate partnerships, more crypto scams heading into H2 ‘23 - including some on the new Thread’s app by Meta, and tons of other current events unravelling. What’s your favorite news so far in Q3? 🤔 If there’s any info you want us to include, just reply to the newsletter and we can include it in the following edition! 🚀 WAGMI Scrollers ⛓

• SEGA is no longer getting into web3 (D)

• OpenSea and Zora are partnering (M)

• Binance controls almost 90% of TUSD overnight (@eking0x)

• Microsoft partners with Axelar on blockchain solutions (TB)

• Standard Charter Bank revises $BTC price prediction from $5k —> $120k (BLOCK)

• Greyscale threatens to take action against SEC for approving leveraged Bitcoin ETF vs. Spot Bitcoin ETFs (DT)

• Meta’s new app Threads to partner with decentralized social media protocol, AcitvityPub (VRG)

• Mantle network is voting to form $200M ecosystem fund (TB)

• NFT lender Gondi raises $5.3M round (CD)

• Web3 x AI security firm Olympix raises $4.3M from Boldstart Ventures, Robot Ventures and others (YF)

• Narval raises $4M for web3 organizing platform (TB)

• Peko Protocol secures $700k private funding angel round (ZYC)

• Seed Club announces 6th consumer cohort (@seedclubhq)

• Are VCs done with crypto & web3? (BiC)

• Metaverse projects hold 43%+ of web3 venture investments (CNMST)

• Seoul court holds hearing for Terra co founder Daniel Shin (TB)

• UK passes bill to allow crypto freezing and seizure (CG)

• DCG responds to Gemini lawsuit (@DCGco)

• Former SEC chair says if certain actions are met, SEC will have to approve Spot Bitcoin ETF (DT)

• Hong Kong speeds up blockchain efforts due to new task force (CG)

• Over $313M in web3 hacks in Q2 according to Certik (TCR)

• $103M of crypto assets were transferred out of Multichain following potential $126M malicious transfer (BLOCK)

• Scammers pose as crypto twitter users on threads (CT)

• Arkham CEO backs “Dox-to-Earn” program to identify bad actors (DT)

• Cega’s exotic DeFi derivatives expand to Arbitrum (TB)

• Staked ETH is now 20% of total supply (D)

• DeFi protocol holding 55% of Algo to shut down (CD)

• Tron cofounder unstakes $56M from ETH (NBTC)

• Arkham Intelligence rolls out crypto data marketplace (CD)

• Tom Brady lost $30M in FTX (F)

• Flow Blockchain is launching a huge virtual hackathon (F)

• FTX customer claims portal shuts off shortly after going live (CT)

• Ca tokenized deposits become mainstream? (P)

• What are benefits of web3 data storage (SR)

• MLB’s interactive metaverse virtual park (MLB)

• Hedera leads QoQ developer headcount increase while Ethereum remains overall top dog 👇🏼

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