Bitcoin Hits $21,000

Web3, Defi, & All Things Crypto In One Scroll

January 16, 2023

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.

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We hope everyone has a great start to their week!

  • Bitcoin surges above $21,000 mark - rising to highest levels since November 2022 (BBG)

  • Anthony Scaramucci is personally investing in former FTX US leader Brett Harrison’s newest venture (BBG)

  • India's central bank governor calls for ban on crypto (WG)

  • L’Oreal gets involved in Web3 and NFTs through venture investment in Digital Village (WW)

  • CyberX raises $15M Series A led by Foresight Ventures to create digital asset markets (BLOCK)

  • Crypto hedge fund, Arca, backs Web3 studio Sortium, in $7.8M seed funding (CD)

  • LensProtocol launches token-gated publications (@LensProtocol)

  • Gemini is accusing Genesis of fraud (@cameron)

  • Nexo raided by Bulgarian Police (Archive)

  • Treasury dodges Emmer inquiry over Tornado sanctions (@RepTomEmmer)

A thread worth reading on the Gemini situation:

  • Security & compliance are the billion dollar issues holding Web3 and crypto back from adoption (VB)

  • Alameda loses $72K worth of recovery funds in DeFi protocol - confirmed by Arkham Intelligence (YF)

  • Damn Vulnerable newest security DeFi article has been released (DVD)

  • The Shanghai network upgrade has ETH bulls turning to Liquid-Staking Derivatives (DT)

  • ETH follows Bitcoin in a 25% rally reaching close to $1,600 as crypto markets heat up (CN)

  • ETH staking goes live on Metamask (Decrypt)

  • ETH whale moves 187,526 ETH off Coinbase (Benzinga)

  • Amazon (AWS) partners with Avalanche for Blockchain servicing (WG

  • Former FTX US President Brett Harrison, writes dramatic 49-thread tweet attacking SBF (CT)

  • Metamask adds liquid staking feature to Metamask Portfolio (CD)

More details on this are below:

  • Sequoia Capital partner Alfred Lin gives his thoughts on FTX publicly for the first time (TC)

  • Past, Present, and Future of the Winklevoss twins in their billion dollar crypto fortune (DT)

  • Texas A&M leads academia access to crypto education by offering Bitcoin course to 74,000+ students (CT)

  • What Investors and Businesses can expect in 2023 with web3 (Youtube)

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