ChatGPT meets Web3

All the defi, crypto, web3 news you need in one scroll

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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It's hump day and this week is already seeing lots of ups & downs. Ups: Coinbase files lawsuit against SEC, Google is getting more involved with web3 via an accelerator, and you are a Crypto Scroller. Downs: Binance.US calls off Voyager acquisition and crypto markets have had a very rough past 7 days. Enjoy today's rad & keep on BUIDLing and scrolling 🤓

  • Binance integrates chatGPT into web3 (CT)

  • Binance.US revokes $1.3B offer to acquire bankrupt lender Voyager Digital (REUT)

  • Presidential candidates are campaigning against digital dollar (PYMNTS)

  • Cosmoe ditches Stripe to adopt Near's crypto solution (TC)

  • Gemini looks to launch a new derivatives platform outside of the U.S. due to unclear regulations (BLOCK)

  • Google announces new web3 startup program partnered with Aptos, Celo, Flow, HBAR Foundation, NEAR, and Solana Foundation (GOOG)

  • TinyTap raises $100M for web3 education (TB)

  • Berachain announces $42M raise (@smokeythebera)

  • Polychain Capital, Hyperchain Capital, and Magnus Capital invest $17M into DeFi platform, Thetanuts Finance (CD)

  • Universal Ledger, a digital identity blockchain-enabled startup, emerged from stealth with $10M round led by top-tier fintech/web3/identity VC Hard Yaka (BMU)

  • Teahouse Finance raises $5M to surpress DeFi's concentrated liquidity issues (CS)

  • Rise secures $3.8M seed round from Sino Global Capital, Polymorphic Capital, Draper Associates, Hashkey Capital, and others to revolutionize payroll & compliance (@rise_pay)

  • Kraken Ventures, Eterna Capital, MoonPay and Alchemy back security company Shield with $2.1M (FSME)

  • Korean court rules Terra classic is not a security (TB)

  • Arkansas Governor officially signed mining bill (ARK)

  • BAYC legal victory in Ryder Ripps lawsuit (BW)

  • Congress starts from scratch on stablecoin legislation (DECRYPT)

  • The USD is disappearing quickly from Russian & Chinese trade deals (WGURU)

  • Russia reveals new crypto-enabled cross-border payment system (WGURU)

  • Trust Wallet fixes vulnerability after $170k loss (TB)

  • Blockchain security tools safeguard web3 success (TECHHQ)

  • Wallet hack drains 5K ETH (@tayvano_)

  • First NFT insider case makes it way to trial (WSJ)

  • Cybersecurity firm Forta used AI to detect $200M Euler hack (DT)

  • ETH staking and withdrawal flow turns bearish (NASDAQ)

  • Crypto is down bad the last 7 days, with ETH leading the way at -11% 

  • FTX had SBF's parents phone take a picture of the user every 5 minutes (CT)

  • Chinese government to pay staff in CBDC (BW)

  • Celsius is slated to be auctioned off on Tuesday (Fortune)

  • Chamath says 'crypto is dead in America' (BIZJ)

  • Memecoin $PEPE rallies 500X (TD)

  • What happens to DeFi protocols after they are hacked (TD)

  • What is EtherMail? (DECRYPT)

  • Uncomfortable with blockchain transactions led to this web3 transaction security project (RMIA)

  • How Pokémon could implement a top-tier web3 strategy (@Mani_NFTz)

  • A16Z NFT Analyst Starter Pack pushes huge update for NFT (@DarenMatsuoka)

  • All web3 business models and their respective key metrics (BFG)

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