Crypto Meets AI

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

May 05, 2023

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 Scrollers,

It’s Sinko de Crypto! It’s been a wild week of regulatory speculations, illegal activity allegations, and most notably - meme coins. We’ll keep it short and let you catch up on what you want with 1 quick scroll! No other newsletter provides major headlines in web3, crypto, and blockchain as simple as we do. Thanks for the support, have a fun yet safe weekend and enjoy this week’s final edition ✌🏼

  • Former OpenSea employee, Nathan Chastain, found guilty of NFT insider trading (WSJ)

  • FTX Bankruptcy Judge motions to allow sale of LedgerX (CT)

  • Sports Illustrated launched NFT ticketing platform (KITCO)

  • Aragon, a DAO governance project, removed 6+ members for ‘probing inappropriate questions and language’ (CD)

  • Crypto.com releases ChatGPT product, Amy, for crypto industry insights, real-time prices, project releases and more (CT)

  • Sui blockchain officially launched on mainnet - a project developed by former Facebook employees (DT)

  • Credibly Neutral raises $5.5M for new VC fund backed by Solana, Polygon, and Ethereum co-founders (CD)

  • European Union is struggling to bring VC dollars to web3 (HS)

  • We are back on with our Funding Friday Threads: a weekly Twitter thread highlighting web3/blockchain venture funding announcements! (@thecryptoscroll)

  • “BRICS, Yuan, and cryptocurrencies are not alternatives to USD and the USD global dominance is not under threat” - BofA (@WatcherGuru)

  • US House will have crypto bill in 2 months (CD)

  • White House looking to tax mining energy at 30% (CD)

  • US court orders SEC to respond to Coinbase in 10 days (CD)

  • SEC removes proposed definition of ‘digital assets’ from hedge fund bill (TB)

  • Nigeria approves policy to create Blockchain-powered economy (CD)

  • Russian Bitcoin wallets exposed by hacker (CD)

  • Crypto accounts are being sold on the darknet (CT)

  • April hacks total $100M+ (CT)

  • Binance and Coinbase see $700M in outflows of staked ETH (CD)

  • ETH Whale moves $504M in one transfer (CT)

  • CurveDAO has minted $22M of their new ETH-based stable coin, crvUSD following the mainnet launch (CT)

  • MoonPay pushed into retail with crypto app (TB)

  • Bhutan plans $500M mining operation in Himalayas (BLOOMBERG)

  • Coinbase to stop issuing loans via Coinbase borrow (CD)

  • Balaji pays out his $1M Bitcoin bet (CT)

  • The NFL launched their blockchain-based mobile game with Mystical Labs (YF)

  • Wall Street Bets mod dumps $635k of $WSB meme coin leading to rug pull allegations (CT)

  • Digital Currency Group’s (DCG) revenue jumped 63% in Q1 (CS)

  • WTF is Web3? Down rabbit hole with resources (AL)

  • Top 10 free resources for your web3 journey (ANIN)

  • Account Abstraction: “Smart Contract Wallets” (ALCHEMY)

Buy the Dip Today. Literally.

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