Crypto Ice Age

One scroll, all the web3 news you need

December 19, 2022

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. 

gm, we hope everyone has a great start to their week! 

  • FTX founder Sam Bankman-Fried will seek extradition to the United States after just one week in Bahamas prision (CT)

  • It is no longer considered a "Crypto Winter". The emergence of the "Crypto Ice Age" (WP)

  • BNB, Binance's native token, tanks 15% on December 16th due to concerns of billions being withdrawn (CNBC)

  • $LUNA founder Do Kwon is hiding out in Serbia (@tier10k)

  • DFW Labs invests $1 million for partnership with metaverse platform developer Mars Labs (MOB)

  • Pitchbook analyst says venture investors don't believe in the "crypto winter" as investments are plentiful (CD)

  • Crypto exchange service startup Utorg secures $5 million for "superapp" (TEU)

  • Blockchain Venture Capital revises its terms for private investments for subscribers (YF)

  • Aztec got $100M in funding for a privacy first zk-rollup on Ethereum (Aztec)

  • Liquid Access got $3M to turn subscriptions and memberships into NFTs (LA)

  • Outdefine got $2.5M to build a decentralized talent community to find work (OD)

  • Nametag got $2M for web2 + web3 IDs (NT)

  • Capitol Hills plans for crypto markets Regulation (Pymnts)

  • Coinbase drops tool to recover unsupported ERC-20 tokens (CB)

  • Compound DAO sued as general partnership in lawsuit(@Z0r0zzz)

  • US Justice Department split over charging Binance (Reuters)

  • CryptoArmor and Elementus partner up to provide cybersecurity-as-a-service for enterprises (EINN)

  • ChatGPT by OpenAI is the hottest technology today - which raises concerns for security as well as opportunities for Web3 (DHN)

  • Identity theft in the metaverse is becoming a top concern for adoption according to leading cybersecurity firm Kaskpersky (CT)

  • $5.8M exploit on Lodestar Finance

  • Donald Trump NFT project sells out and floor price doubles to $230 (CD)

  • Crypto analyst known for predicting the crash of LUNA has new predictions, warning holders of ETH-altcoin, Waves (DH)

  • ETH Devs Update on Shanghai and Cancun Upgrades (tim.mirror.xyz)

  • Donald Trump's NFT project utilizes stock photos (PCM)

  • Crypto.com with a genius marketing move at the FIFA World Cup Final (BBG)

  • Recap of tech leaders gathering for "Web3: Impact the Future" Summit (INV)

  • 5 'must knows' about Binance's struggles as an exchange after FTX fallout (MBI)

  • 4 biggest helpful tips to transition and find job opportunities in Web3 (BM)

  • Reporter Alexandra Semenova explains the role venture capitalists played in the rise and fall of FTX (YF)

  • Everything that falls under Web3 (SCMB)

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