ETFs to Memecoins

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gm Scrollers,

It’s always a GM when writing this newsletter. We are back to kick off another week and to finish off this month’s news!!! Q1 is nearly over, and blockchain and crypto stories are continuing to stay hot. Headlines in today’s edition include: Base now seems to be dominating the memecoin spike. The VCs are back for more crypto and blockchain startups. Regulations begin to tighten internationally. The SEC wants to classify ETH as a security (again). And so much more - just Keep on Scrolling 👇🏼🚀

• The best hedge against inflation? Crypto (according to RFK Jr.) (WG)

• Solana ships Napoli upgrade with rollup improvement (TD)

• Coinbase to launch futures for DOGE, LTC, and BTC (TB)

• Robinhood launches crypto wallet on Google Play Store for Android (WG)

• Terra Luna founder Do Kwon released in Montenegro as South Korea extradition is under review (CT)

• Bitcoin ETF have 5-day outflow for first time (BW)

• Stagnant week for crypto as Bitcoin sits just below $70k and ETH stays above $3.5k

• Immutable + Polygon unveil $100M blockchain gaming fund (TD)

• Figure Markets announces $60M Series A co-led by Jump Crypto, Pantera Capital, and Lightspeed Faction (BW)

• Succinct Labs scores $55M in multi-round funding for zk-Proof technology (NBTC)

• Rails completes $6.2M round to build decentralized exchange & fill “FTX’ gaps” (TC)

• Borderless Capital and Blockchain Founders Fund participate in $6M for appchain infrastructure protocol, Moondance Labs (FSME)

• Atlanta-based Umoja raises $4M in seed capital from Coinbase ventures, Blockchain Founders Fund, 500 Global for smart money protocol (DT)

• Startup Tensorplex Labs raises $3M seed fund for decentralized A (CD)

• Merit Circle, WWVentures, and others invest $2M into Gam3s.gg for it web3 gaming app (VB)

• 2 of the 10 largest fundings last week were crypto / web3 startups (CB)

• Hack VC sets sights on another seed stage crypto venture fund (BBG)

• Investor focus shifts to Layer-2s (BW)

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• ETH foundation under investigation by State Authority (CD)

• SEC is campaigning to classify ETH as a security once again (WG)

• Nigeria claims Binance evaded taxes (WG)

• El Salvador President Nayib Bukele doubles down on Bitcoin purchasing (CD)

• The Philippines blocks Binance after warning sent in November 2023 (CD)

• OKX shuts down India operations as regulations tighten (NBTC)

• EU diverts from plan to ban $1k payments from self-custody wallets (CT)

• The UN is probing 58 crypto hacks totaling $3B tied to North Korea (TR)

• Super Sushi Samurai game on Blast chain was exploited for $4.6M just hours before launch (CPOT)

• Dolomite Exchange recovers over $1.5M from recent $1.8M hack (CPED)

• ParaSwap addresses smart-contract vulnerability (CN)

• RWA tokens see inflow despite Curio’s $16M exploit (FXST)

• Apple Mac flaw with no fix that allows hackers to steal your crypto (DT)

• Legder to launch new hardware wallet very soon (MR)

• Polygon zkEVM blockchain experiences 10-hour outage (BLOCK)

• ETH gets passed by Solana in DEX trading volume last week (MR)

• BlackRock tokenized fund on Ethereum blockchain (TD)

• Vitalik highlights steps to combat centralization risks in ETH staking (TB)

• The Pectra Upgrade plans to increase max ETH validator stake between 32 and 2,048 ETH (BLOCK)

• Arbitrum users want to see a memecoin fund outside of Arbitrum DAO (ABF)

• Goldman Sachs reports growing institutional interest in crypto (P)

• Sequence partners with Google Cloud to simplify web3 gaming (CT)

• DogWitfHat NFT acquired for $4M (M)

• JP Morgan claims Bitcoin is overbought currently (WG)

• What is different about Bitcoin halving this year (M)

• The problems with classifying ETH as a security (M)

• Entangle and Consensys’ new partnership can revolutionize web3 (HN)

• Anonymous crypto wallets are not being banned in the EU (CS)

• How to track speculation in Bitcoins market (CD)

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