BNB, It's Dynamite

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gm Scrollers,

Let’s dive right in 🏊‍♂️ Some wild news about BNB struggles, this weeks hacks tied to North Korea, multiple prison sentences, and the buzz around friend.tech! See you Friday and keep on scrolling ⛓👇🏼

• Crypto miners are attempting to diversify into other businesses (CD)

• Coinbase takes a stake in Circle (CNBC)

• Unknown BTC Whale accumulates $3B worth of BTC in 3 months (DH)

• U.S. banks cut ties with Binance, now looking to MoonPay as alternative (BBG)

• Former OpenSea executive nailed with 3 month sentence for NFT insider trading (DT)

• Binance rumored to be selling off Bitcoin to keep BNB afloat (CMC)

• SF-based Momentum Capital received $10M of additional capital to hunt for crypto’s ‘next Apple’ from BM Fund (CN)

• BingX announces web3 and AI investment in startup Moonbox (WAFB)

• Nodal Power raises $13M to power BTC mining centers with methane (BW)

• Maple Finance to expand to Asia with $5M investment (CD)

• Delphinus Labs, Zk-proof infrastructure startup, gets $2.2M backing from Binance Labs (CT)

• China sentences former part official to life in prison for crypto mining (TB)

• BitGet to implement KYC requirements for customers (CT)

• South Korea to cease crypto from thousands of tax evaders (CT)

• Bianance Bridge hacker hit by $30M liquidation on Venus (TD)

• The FBI has seized nearly $2M of crypto in last 3 months (CM)

• North Koreans ready to cash out millions from high-profile crypto hacks (TC)

• FBI flags 6 major BTC wallets to North Korea (CT)

• Thailand threatens Facebook (META) over crypto scams and fraud on the application (CT)

• Balancer reveals critical vulnerabilities, suggesting customers remove funds (BLOCK)

• Stader Labs is decentralizing ETH blockchain (MR)

• Mantle stakes $66M of ETH on Lido as strategy (CD)

• Freind.tech becomes an Ether making machine as more influencers and celebrities join (CD)

• Shibarium, Ethereum Layer-2, released new features just after launch (TCB)

• Yuga Lab is moving away from OpenSea’s platform (TB)

• Recur is shutting down (R)

• Strongest inverse correlation in BTC and US real yield since April (CD)

• Blockchain takes the stage at NYC event, Longevity+DeSci (CT)

• Investors are removing short positions on Bitcoin & crypto

• Real life use case of web3 in Manhattan (VB)

• Can Google Bard accurately predict the next bitcoin bull run? (F)

• What role can crypto play in Africa (@stonecoldpat)

• What happened in crypto yesterday? (CT)

• Guide to using the hottest Dapp in Ethereum ecosystem, Friend.tech (TPED)

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