DOGE Investors Allege Musk Of Insider Trading For Twitter x Dogecoin Logo Stunt

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Heading into the weekend with more wild news. Elon Musk is under fire for alleged insider trading of $DOGE when turning the Twitter logo into a Dogecoin. VC Funding is not slowing even in this bear market. Canada is holding on for dear life with nearly all crypto exchanges leaving the country.

• Elon Musk hit with lawsuit from Dogecoin Investors over reported “Insider Trading“ due to changing the Twitter logo (WGURU)

• PayPal Ventures leads $52M funding for web3 wallet provider Magic (LI)

• BTC was trading at a 20% discount on Binance Australia 

• Peter Schiff is launching a BTC ordinals collection (CT)

• Nansen cuts 30% of staff (PYMNTS)

• Multichain CEO disappears while company struggles to access servers for maintenance (DT)

• Sam Altman’s Worldcoin announces official close of $115M funding round including crypto’s top backers Blockchain Capital, A16Z Crypto, Bain Capital Crypto and more (BLOCK)

• Stepstone VC raises 2 blockchain funds, totaling $97M (YF)

• Bitcoin Magazine Ventures hits $30M Bitcoin ecosystem fund target, with oversubscription of $90M with support from Sora Ventures (BI)

• CoinSwitch facilitates $25 in fundning (BB)

• Anoma Foundation raises $25M (CD)

• Binance Labs backs Fusionist with $6.6M for web3 gaming innovation (YF)

• Kigo merges with NFT search company Thred and receives $6.5M funding from parent-company Augeo and Valor Siren Ventures for Open Loyalty via blockchain tech (PRN)

• Play-to-Earn (P2E) Battle Infinity ($IBAT) scores $3.5M from Bitgert Ventures (GE)

• OpenFront secures $3M Seed round from gCC, Pear VC, Maven11 and others (OF.xyz)

• Bybit exits Canada following regulations (CD)

• Crypto.com receives digital token license in Sinagpore (CD)

• UAE and Hong Kong central banks partner (WGURU)

• Binance joins others in the rapid exits from Canada (BINANCE)

• Ontario Securities Commission investigates Binance as it announces departure (FP)

• 30% crypto mining tax dropped as U.S. debt ceiling deal passes (BW)

• Key security practices for web3 startups (CT)

• Molly White on tracking crypto scams (WIRED)

• Jimbos Protocol to work with homeland security to recover $7.5M (CD)

• May crypto hack roundup (BIS)

• Wallet hacking malware ‘Bandit Stealer’ currently targeting browsers and individual wallets (THN)

• KuCoin burned millions worth of ETH (U)

• Deutsche Telekom becomes validator for Polygon (LI)

• Crypto millionaire found dead in Missouri (DT)

• Ethereum Miner dumped ETH after merge favoring DOGE (BW)

• Google’s Bard ETH price prediction (FBLD)

• Elizabeth Warren calls to shut down crypto-payments fentanyl trades (WGURU)

• BTC looking to have first loss in 6 months (CD)

• Trezor sales spike 900% (TD)

• Binance layoffs begin, according to rumors (@WuBlockchain)

• Circle ditches all US Treasuries from $24B

• Hong Kong’s First Digital announces USD stablecoin (BLOCK)

• Quarter Homes launches on Hedera to tokenize homes, selling and tokenizing it’s first piece of property just under $1M (KITCO)

• What is Scribe? (SCRIBE)

• What is in the largest Optimism upgrade? (BW)

• Tokenizing assets: digital real-world real estate (CT)

• Crypto VC’s face the harsh realities of market downturns, even with high amount of dry powder (FTN)

• Why exchanges are departing Canada (TC)

• 2 key security practices suggested at Israel Crypto Conference (CT)

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