Charlie Munger Wants To Ban Crypto

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Happy Friday Scrollers! Been a crazy week filled with ups and downs for the crypto & web3 community and we love being able to deliver you the most up-to-date news! Make sure you are following us on Twitter @thecryptoscroll for more activity and please share the newsletter with any and all people that want to know what is happening in web3. Enjoy the weekend and just remember, WAGMI 🤝🏼

• Charlie Munger of Berkshire Hathaway suggests a ban on crypto in the United States (UW)

• FTX sister company Alameda seeking to recover $446M in crypto paid to Voyager after bankruptcy (CD)

• Celsius used new customer funds to pay for withdrawals (CD)

• $META's metaverse division lost nearly $14B in 2022 (@thedropnft)

• Ordinals is bringing NFTs to Bitcoin and a big debate to the Bitcoin community (CD)

• Cronos Labs to accept second cohort for $100M backed web3 accelerator program (CT)

• US Air Force pumps $30M into blockchain for supply chains (BW)

• Addressable raises $7.5M to enable web3 companies to acquire users at scale (TD)

• DeFi liquidity protocol Squid raises $3.5M round with North Island Ventures (CD)

• Kazakhstan tightening rules for crypto exchanges (CD)

• Binance partners with Kazakhstan's biggest airlines for crypto payments (CFM)

• Illinois state chartered FDIC-backed bank, Burling Bank, acquired in a deal to provide digital asset services (FF)

• Pick-N-Pay, South Africa's largest retailer, now accepts Bitcoin (NSDQ)

• Is regulation friend or foe for blockchain? (Pymnts)

• US boosts crypto-crime toolkit (Pymnts)

• Solana warns about security incident with mailchimp (CT)

• LayerZero denies accusation of 'critical vulnerabilities' (CT)

• Ethereum's ETH cirulating supply hits a new low (TB)

• Wormhole voted to be designated bridge to BNB chain (CD)

• Bitcoin reaches $24,000 and ETH hits $1700 in potential rally (UW)

• Binance delves into decentralized web3 storage with BNB greenfield (CT)

• Check out how Beehiiv describes us! (@beehiiv)

• Strike expands lightning network to the Philippines (CD)

• MakerDAO's DAI savings rate is now 1% after $77M injection from OlympusDAO (DFNT)

• Why public-private collaboration is key to blockchain adoption (Pymnts)

• How Bitcoin helped nation parks in the Congo (TR)

• Ordinals is bringing NFTs to Bitcoin and a big debate to the Bitcoin community (CD)

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