Bye Bye Binance

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After a small hiatus, we are refreshed and ready to deliver directly to you the most important and relevant headlines in web3, crypto, and DeFi. Anything we’re missing?👇🏼 Respond to this email with your favorite articles & news and we’ll include them in the next edition! WAGMI 🖤 & keep on scrolling ⛓

  • CEO of Binance.US and many, many others are resigning (MF)

  • Robinhood to buy SBF stake back from government at $605M (R)

  • BTC whale accumulates $1.5B in two weeks (DH)

  • Visa utilizes Solana for cross-boarder payments (CD)

  • Deutsche Bank now offering crypto custody services (WGURU)

  • Tether market cap drops amid stablecoin troubles (P)

  • Binance head of product quit last weekend (D)

Binance Resignations 🤯

  • Electric Capital unveils plans for $300M Fund III for crypto startups, following $1B Fund II (BLOCK)

  • Thailand-based KBank raises new $100M fund for AI & Web3 investments (CD)

  • BitGet is launching a $100M fund to invest in exchanges (TB)

  • A16Z and Endeavor back Story Protocol with $54M funding round, creating an open-IP collaboration platform (VRTY)

  • Animoca Brands raises $20M for native web3 project (M)

  • Ivy raises $20M to take banking payments international (TC)

  • Brine receives $16.5M Series A led by Pantera Capital (PC)

  • Range Protocol secures $3.75M round from Hashkey Capital and Nomad Capital for on-chain asset management tool (FTG)

  • Stroom Network raised $3.5M Seed round from Greenfield Capital & Lemniscap for yield-farming liquid staking protocol (@oracle_xyz)

  • Movement Labs finalizes $3.4M pre-seed round to launch M1 on Avalanche (YF)

  • Freename raises $2.5M in seed round for crypto naming system (CT)

  • Japan startups now able to issue crypto instead of stock (CT)

  • August crypto funding was not as good as it seemed… (TC)

  • Swift announces 3 central banks testing CBDCs (BLOCK)

  • SEC delays BTC ETF decision (CT)

  • Crypto regulations posted by treasury (GCN)

  • SEC rushing to appeal XRP ruling (P)

  • FTX gets government approval to sell $3.4B worth of crypto holdings (UCC)

  • Gala Games sue each other alleging $130M in theft (M)

  • CoinEx just hit by $53M crypto hack (BC)

  • FBI detects North Korea’s Lazarus Group as hackers behind Stake’s $41M hack (FBI)

  • Crypto casino targeted for $40M exploit (CD)

  • Department of Justice ordered teen to return BMW & $5.2M to hacking victim (TS)

  • Coinbase accidentally earns $1M from crypto hack (CD)

  • Safekeeping specialist Fireblocks introduces non-custodial wallets (M)

  • Google feature blamed for breach that led to crypto hack (SW)

  • Was Vitalik Buterin hacked on X? (M)

  • Cathie Wood’s ARK Invest files for Ether ETF (REUT)

  • Vitalik Buterin keeps moving his ETH (U)

  • Vitalik’s “selling” wallet (@WhaleChart)

  • ETH turns inflationary as gas fees plummet (M)

  • Ethereum launches ‘Holesky Test Network’ 1 year after Merge event (CD)

  • Where $730B in crypto is moving (DH)

  • Bitcoin now uses > 50% clean energy for mining services (WGURU)

  • Colorado DMV taking crypto for payments (BW)

  • LSE plans to offer blockchain-powered market for traditional assets (CD)

  • Franklin Templeton the latest to file for Spot Bitcoin ETF (WGURU)

  • FTX to claw back payments to Shaq and other sports stars (P)

  • Miner returns $500k fee overpayment (CT)

  • Sony and Startle Labs confirm partnership for web3 innovations (iG)

  • Web3’s role in liberating the internet from big tech (Y)

  • What does data harvesting look like in web3? (T)

  • Why did Apple buy the rights to SBF book (CT)

  • How BlackRock ETF could impact BTC price (TS)

  • Elon’s newest buy: decentralized platform RaidSharksBot (RSB)

  • A16Zcrypto’s followers’ favorite resources in crypto (we were tagged 🖤) (@a16zcrypto)

“Your honor, my client needs better wifi for League of Legends play”

Things seem to be going well!

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