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Larry Fink's Words Of (Digital) Gold

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Another week finished means another week flooded with headlines. Larry Fink called Bitcoin “digital gold” on live television as their Spot Bitcoin ETF application has been resubmitted. Cathy Wood still think ARK is the only great option for the ETF. Small rounds of venture fundraising seem to be picking up in June & July. New regulatory hearings are happening often. And only a measly $300MM worth of crypto was stolen in Q2. Don’t forget to check out our educational pieces at the bottom and to share The Crypto Scroll! See You Scrollers Monday ⛓👇🏼

  • BlackRock CEO Larry Fink calls Bitcoindigital gold” and “revolutionary” just years after considering it a scheme (FRTN)

  • Cobo Argus scores $100M in value locked 1 week into opening (CD)

  • Winklevoss demands $1.5B from DCG (BW))

  • Circle considers stablecoin in Japan (CD)

  • Crypto / Web3 VCs are taking back control via board seat requests (INFO)

  • Former Celsius CEO under investigation from multiple parties (BBG)

  • Hong Kong based One Degree raises $55MM Series B for digital asset insurance (INCUB)

  • Decentralized Twitter rival Bluesky announces $8M fundraise (D)

  • Crypto Quant raises $6.5M round (CD)

  • Privacy startup Ola raises $3M seed fund (TB)

  • Crypto-specific LLM startup SuperSight raises $1MM pre-seed from Blockchain Founders Fund, Vayner Fund, Animoca Brands and more (YF)

  • Polygon backs Delysium with strategic investment (@The_Delysium)

  • Decentralized hedge fund VC Spectra opens public presale, raising $2.4MM (IC)

  • UAE teams up with HBAR Foundation to support web3 startups (CT)

  • Global Millennial Capital launches web3 investment program (FSME)

  • Crypto startup fundraising has declined significantly and consistently in 2023, dropping 70% (DT)

Chart provided by RootData

  • China’s new potential head of central bank is anti crypto (P)

  • Saxo bank ordered to shed crypto holdings (CD)

  • Binance Australia claims to be cooperating with authorities (D)

  • Belarus wants to ban peer to peer crypto transactions (TB)

  • $300MM reported stolen in crypto in Q2 2023 (CT)

  • Did Canadian teens steal $4.2M impersonating Coinbase? (D)

  • PeckShield has $2.27MM worth of NFTs stolen and all resold within 3 hours (CT)

  • UK passes bill to help seize and freeze crypto used for crime (CD)

  • Cyber firm Kaspersky discovers new email cyberattacks on hot & cold wallets (BT)

  • HotBit exchange reportedly executed a massive rugpull (BSC)

  • Avail launches data attestation bridge to Ethereum (CD)

  • Credit Suisse issues NFTs for women’s football (BW)

  • Is Ethereum a security or not?? (CG)

  • Why Ether price is struggling to hit $2k (CT)

  • Hashed Emergent to host first multi-chain web3 event in India (CJ)

  • Crypto ATM company launches on NASDAQ (D)

  • Voyager Digital racked up $5M in lawyer bills (CT)

  • Storage token Storj surges 43% overnight (CD)

  • All Spot Bitcoin ETF applications have been resubmitted (@BitcoinMagazine)

  • Will there be a new blockchain for generative AI? (CD)

  • Does crypto and tax mix well? (IMF)

  • Cancellation of NFT-based Fan Controlled Football season 3 (NDD)

  • Exploring the basics of Maximum Extractable Value (MEV) (@blockworkres)

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