$BONK Went To The Moon

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Happy Monday Scrollers! The first week of 2023 was crazy so far the year is just getting started. We can't thank you enough for your support to our start in 2022 and are excited to bring you the best news experience around Web3 and Crypto in 2023.

• Sam Bankman Fried asks judge to redact names of bail guarantors (Pymnts)

• Judge rules Celsius owns users' interest bearing crypto accounts (TC)

• Indonesia announces plans to launch a national crypto exchange (WG)

• Crypto lender Genesis fires 30% of its staff (WG)

• Binance probe leading to subpoenas issued at Hedge Funds (WP)

• Lawsuits being threatened between YouTube stars Logan Paul and Coffeezilla over CryptoZoo allegations (CMC)

• A Bonk to the Head: Solana's newest meme coin $BONK takes 55% dive after 3300% run (DT)

• VC activity still booming in Web3, as startups raise $7B in 2022, more than 2x in 2021 (BiC)

• Shopify merchants can now sell Avalanche NFTs through their online stores (DT)

• Miami startup ML Tech raises $2M to make crypto trading easier (BIZJ)

• Hamilton Lane closes equity fund at $2.1B in commitments (PRNW)

• Animoca Brands Corp. is seeking to raise $1B fund to invest in blockchain and metaverse startups (BBG)

• Coinbase to pay $100M fine, $50M to New York Regulator to settle background check charges (CD)

• US regulators wave banks off crypto (Pymnts)

• Israel financial regulator proposes crypto inclusion to securities law (TB)

• US DoJ is seizing banking assets and $HOOD shares linked to FTX (CD)

• Indonesia set to create a national crypto exchange in 2023 as part of regulatory processes (CT)

• U.S. Department of Justice seizes nearly half a billion dollars of Robinhood shares owned by SBF (TDH)

• Web3 community estimated to have lost nearly $4B in 2022 to crypto fraud (VB)

• UK national crime agency to launch specialized crypto team (Decrypt)

• IRS sees crypto companies as potential crime fighting partners (WSJ)

• GMX Whale loses $3.5 million worth of token to hackers (CT)

• Blockchain security experts and executives predict a giant influx of DeFi hacks (CT)

• US Regulators give continuous warnings to banks about crypto security risks (ISECM)

• Ethereum bounces above $1260 mark as whale activity increases (@santimentfeed)

• Grayscale's ETH Trust is at 60% discount with uncertainty of DCG's liquidity (CT)

• Ethereum Naming Service (ENS) finished 2022 with an additional 2.8 million registrations (CD)

• Ethereum's Shanghai Upgrade is being pushed forward by developers to allow for staked Ether withdrawals (BBG)

• Owner of $1.2 million Ethereum NFT Project, Goobers, admits to gambling away users funds

• What Italy's 26% crypto tax means for the world stage governments (Pymnts)

• Cryptosat launches second satellite with 30X computation (TB)

• Stacks is looking to bring smart contracts to Bitcoin (CD)

• Billionare Tim Draper says Bitcoin will soar to $250,000 in 2023 (TS)

• 'Mad Money' Personality, Jim Cramer believes 2023 will be another weak year for crypto (UW)

• Solana network has 3x activity since the FTX collapse (FXST)

• Bitcoin turned 14 on January 3, 2023 and has returned 1.7 billion percent (BBG)

• Silvergate gets hit with $8B of client crypto withdrawals in Q4 2022 (BBC)

• Charities returning millions in "dirty" money to FTX (CS)

• The World Economic Forum Annual Meeting is just 9 days away - and crypto will be the hottest topic (WEF)

• Institutions could be the leaders towards mass adoption for Web3 and crypto (BiC)

• Digital assets inflows reached $433M in 2022 (CT)

• Learn about the journey and creation of the Ledger Stax wallet from its creator (@Ledger)

• Charles Hoskinson will allow Cardano ($ADA) to be accepted at his new hospital (CPOT)

• Biggest crypto trends to look out for in 2023 (DT)

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