FTX Asks Politicians To Return Funds

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Hope you all had a productive weekend building and we're hopeful to give you all a productive week of learning all things crypto, web3, and DeFi in one quick scroll. We have some very exciting things in the works over the coming months and are excited to share with you all! We 🖤 you Scrollers!

• FTX sends out confidential letters asking for politicians to return any and all donated funds (UW)

• Binance acquires majority stake in South Korean crypto exchange, GOPAX, to fix its operations (BBG)

• Sri Lankan Central Bank rejects Billionaire Tim Draper's suggestion of utilizing Bitcoin & crypto in fear of worsening economy (N.BTC)

• Bitcoin dips below $23k this weekend as investors await news from U.S. Federal Reserve Chairman, Jerome Powell (CD)

• Visa looks to utilize stablecoins and fiat exchanges for customers according to the Visa team at StarkWare Sessions 2023 (CT)

• Blockchain startups only raised $548M in January, a 91% decrease (CD)

• Web3 Builder Ryan Carson receives questions and backlash upon his web3 fund, 'Flux' announcement (NFTN)

• VC firm Dao5 is partnering with universities to build web3 developers and startups (BI)

• VC dollars for black founders in web3 has been lacking in recent years (Y)

• WEEDAR's recent $1.5M funding allows users to earn NFTs for buying marijuana (TFN)

• India and the IMF are cooperating to form crypto regulations (KCO)

• India's Economic Affairs Secretary confirms crypto is legal and on the roadmap for the country's future (@BitcoinMagazine)

• U.S. hearing on "crypto crash" set for the end of February (CD)

• All crypto bills introduced in 2022 have been cleared and must be re-introduced to new congress members (@lisaerubin)

• Chainalysis reveals crypto firms lost $3.8B in 2022 to hacks (N.BTC)

• StarkWare will make Ethereum Scaling System open source (CD)

• North Korean hackers make up for nearly 1/3 of all crypto hacks, totaling over $1.5B (BBC)

• Dingo token officially a scam as backdoor fees reach 99% on transactions (CT)

• Orion Protocol down $3M in exploit to Tornado Cash (CD)

• 25% of crypto users unaware of cyber risks (BI)

• An DeFi platform on Ethereum is expected to be launched by Russia's largest bank (UW)

• STARK Prover layer-2 software will become open source (DT)

• 444 days until the next Bitcoin Halving (NH)

• An anonymous individual paid 20 ETH as gas fee and recorded as one of the largest to ever happen on the network (U.T)

• ETH dips near $1600 to start February (CD)

• Sam Bankman-Fried is doing weird shit again including cold outreach and buying strange tokens (DT)

• Mastercard's NFT Product Lead resigns by minting his letter of resignation as an NFT (CD)

• The UK expects a digital pound to be in circulation by 2030 due to minimal cash use (TG.CO)

• Super Bowl LVII is just 6 days away and is not expecting any crypto ads or partnerships like last year (CNN)

Coinbase's Super Bowl LVI Ad That Took The World By Storm

• 10 Web3 courses that could change your career in 2023 (AINST)

• New Bitcoin ATMs are being places in North America (@BitcoinMagazine)

• GameStop's infamous short squeeze moment could happen to crypto (BARR)

• How a comic book series will make an appearance on the blockchain thanks to NounsDAO (CD)

• Crypto trading addictions can now be recognized as illness and serviced at many clinics (CT)

• Many wallets from Binance are connected to Crypto.com wallets (@BoringSleuth)

Saving ourselves from a personal finance lecture

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