Coinbase Finds Its Way To The Supreme Court

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Happy Hump Day Scrollers! Tons of innovative web3 + blockchain startups raising big rounds this week in congruence with some market volatility. Enjoy the read and make sure to reply to this email or hit us up on Twitter (@thecryptoscroll) with any topics you want to see us include in future editions 📩

• Goldman Sachs highlights BTC as best performing asset year-to-date (@joemccann)

• Crypto bank Anchorage Digital lays off 20% of staff (INFO)

• Bitcoin hits $28k amid banking disasters (BTC)

• Coinbase says crypto outlook is strengthened by banking crisis (CD)

• Coinbase pauses Signet support (PYMNTS)

• MakerDAO participants vote to invest up to $750M in U.S. Treasuries (DFNT)

• Signature Bank being bought out for $38.4B, not due to crypto (BLOOMBERG)

• Indian-based WinZO launches $50M Fund IV to support the global blockchain gaming economy (NFTG)

• Well-known crypto exchange BingX is launching a $10 Million fund to boost social trading (FFN)

• A16Z leads CCP Games' $40M financing for upcoming web3 game (CT)

• Pixel Studios, creators of Aavegotchi, raised $30M in a multi-year token sale without participation from VCs or Investors groups (CD)

• OP3N raises $28M to build web3 of Amazon + Whatsapp (TC)

• Synthetix gets $20M from DWF Labs for rapid development of the Ethereum-based derivatives liquidity protocol (FF)

• Metatime successfully raises $11M to offer wider web3 product line & develop web3 ecosystem (CS)

• Tweed raises $4M Seed round for the white-label wallet & crypto payment solution (FSME)

• Web3 Ventures Inc. strategic investment updates include: $500k in Rocket Wellness; $125k in Contango Digital Assets; $55k in Dynasty Studios (GNW)

• February saw $872M invested in crypto startups, 52% increase from January (INV)

• Bankman-Fried reportedly close to bail agreements with fed (PYMNTS)

• Taiwan securities watchdog to regulate crypto (BW)

• Venezuela overhauls national crypto department (CT)

• Web3 legal companies are becoming more common, like MENA legal (GN)

• US Supreme Court to hear first crypto case - from Coinbase (CD)

• Florida Gov. Ron Desantis wants to ban CBDCs (CD)

• The State of Texas introduced a bill to protect Bitcoin (@DocumentingBTC)

• Senator Ted Cruz introduced a bill going against a federal central bank digital currency (CBDC) (@WatcherGuru)

• $16.7B in crypto assets has been stolen since 2011 according to a study by Crystal Blockchain (BTC)

• Former White House Advisor states keeping crypto innovation inside the U.S. is critical to national security (CD)

• DeFiLlama is "undergoing a hostile takeover" so developers forked the blockchain (CT)

• Venezuela crypto regulator targeted with $5M bounty (DT)

The Full Crystal Blockchain Study Can Be Found in the 'Education' Section

• Ethereum finally crosses $1800 as investors believe the next bull run is near (CPOLI)

• Polygon partners with salesforce for loyalty program (CD)

• Nike launches Air-Force 1 tied to NFTs on Polygon (NIKE)

• Synthetix token ($SNX) crosses $3 mark, rising 4% 24 hours after $20M total investment from DWF Labs (CD)

• The charts are showing ETH cannot keep up with the BTC hype after banking crisis (@robustus)

• Epic games looks to add 20 crypto enabled games in the next year (@Blockworks_)

• The problem with Balaji's $1M BTC price prediction (UTODAY)

• DeFiLlama is facing internalissues amongst token plan rejections (TB)

• CoinRoutes, a crypto trading tech startup that helps trading firms, won a patent for transactional routing system (YF)

• Crypto saw a total of $95M in outflows last week (SB)

• SpankPay, an adult entertainment crypto payment processor, officially closed up shop (DT)

• The White House says crypto has no fundamental value & is not an effective alternative (@WatcherGuru)

• Hedera announces launch of global non-profit DLT Science Foundation (DSF) for driving distributed ledger technology adoption & education (@Hedera)

• The importance of decentralized identity and why it's a priority in web3 (BW)

• Is mass adoption of crypto possible in countries like Africa (CD)

• Keep up with what Web2 companies are finally adopting Web3 technologies (@thecryptoscroll)

• Read Crystal Blockchain's latest report on stolen digital assets (CRYSTAL)

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