FTX Is Back, Baby!

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.

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Hi frens. We decided to hold off on Wednesday's newsletter because our creators Gannon Breslin and Von Doom have been out at NFT NYC meeting cool people and finding the best builders & projects in the space. We are back with tons of crazy information from FTX potentially coming back to being able to trade crypto via Twitter. If any of you were at NFT NYC, reply to this email or tag us on twitter with your favorite event, speaker, or moment! Let's get to it and don't forget to share the newsletter with your frens. Keep on scrolling ✌🏻⛓👇🏼

• FTX claims to have recovered $7.3B in funds and wants to relaunch in Q2 (WG)

• Warren Buffet is directly sitting on 420 BTC (@BitcoinNewsCom)

• Twitter to enable Bitcoin and crypto trading through eToro partnership (@BitcoinMag)

• Tron founder Justin Sun denies rumors of his arrest in Hong Kong this week (EWN)

• Solana announced plans to launch their own cellphone, Saga, in May (WGURU)

• Q1 '23 Global VC funding for crypto, web3, and blockchain companies down 80% YoY to just $2.5B deployed (TC)

• Q1 '23 Global VC funding for crypto startups was the lowest quarter in over 2 years

• Foresight Ventures fund increases to $120M after SEI commits $50M, with previous commitments from Multicoin, Delphi Digital, Hudson River Trading, and others (UCWE)

• Blockchain Founders Capital raises €15M for micro venture fund focused on Europe & U.S. initially (ALXB)

• Trading focused Sei raises $30M (TC)

• CryptoGPT valued at $250M after $10M token sale investment from DWF Labs (BLOCK)

• Social Future, an AI-driven social metaverse company focused on personalized avatars, secured $6M (FSME)

• CAT Labs secures $4.3M to fight crypto crime (FTG)

• Fire, a crypto fraud prevention browser-extension startup, raises $3.5M led by venture studio, Atomic (AX)

• Helio bags $3.3M for providing web3 payments for merchants (GNW)

• India-based Huddle01 raises $2.8M from Hivemind, Superscrypt, M31 Capital, Protocol Labs and more for completely decentralized communication network (PRN)

• Series-A Web3 Venture Report: Q1 2023 (@jseid212)

• SEC is adding attorneys to crypto enforcement unit (CD)

• U.S. SEC is voting to clarify if governing securities can also be applied to DeFi applications (BLOCK)

• Australias harsh laws on crypto crime (BW)

• Arkansas bill to protect Bitcoin mining passed (@SmindCrypto)

• Montana bill to protect Bitcoin mining passed (@BitcoinMagazine)

• London Stock Exchange (LSE) plans to clear BTC futures and options (@BitcoinNewsCom)

• Montenegro plans to create its own digital currency via Ripple ($XRP) (BTC)

• NFT Twitter mogul, Franklin, claims to have been scammed for 2,000 ETH ($4.2M) (@franklinisbored)

• Bitrue exchange hacked for $23M (BITRUE)

• Yearn Finance hit by $11M exploit tied to USD-based stablecoins (CD)

• Bitpay owes $1M to NY Financial Services Department for not following compliance with cybersecurity & anti-money laundering programs (BW)

• FTX's embarrassing cybersecurity efforts (GZMDO)

• SushiSwap to return stolen funds (TB)

• Ethereum Shanghai upgrade was successful (CD)

• Binance to support Ethereum staking withdrawals from April 19th (CD)

• ETH crosses $2k for first time in nearly a year after Shanghai Upgrade (@thecryptoscroll)

What a Week for the Crypto Markets 🔥🔥🔥

• CleanSpark buys $145M in Bitcoin rigs to double hashrate (CD)

• The first ever magazine on Bitcoin to be auctioned as 1-of-1 piece for 10 BTC (~ $300k) (@BitcoinMagazine)

• Ripple to help Montenegro to launch CBDC (PYMNTS)

• Why Asia could dominate 80% of the blockchain gaming market (DT)

• CashApp announces bitcoin lightning integration (BITCOINMAGAZINE)

• Nebraska Public Power District testifies for Bitcoin mining in the Senate (@NeerajKA)

• NFT NYC 2023 wraps up (@TheDropNFT)

• A16Z releases '2023 State of Crypto' Report (a16zcrypto)

• Bitcoin halving is one year away (CNBC)

• Digital Twins: Who, What, Why (CT)

• Can crypto wallets actually provide accessibility & be hacker-proof? (FRKST)

• 25 Guatemalen students received 'Bitcoin Diplomas' (@BitcoinMagazine)

Tax Season is Upon Us 😅

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