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Nothing new from us. Enjoy the mid-week update 👇🏼📈

• $1.72T asset manager Citi Group launches a private blockchain and token for real-time payments (WGURU)

• Tether authorizes $1B USDT to “replenish” Tron network (M)

• FTX is suing SBF’s parents for estimated $26M of misappropriated funds (CNBC)

• SEC’s Crypto Enforcement Chief warns of exchanges being charged in near future (CD)

• Blockchain Capital launches two funds totaling $580M (TC)

• Sino Global and Coinbase start $60M web3 fund (M)

• Story Protocol reels in $54M funding from Endeavor and A16Zcrypto for Open-IP platform (VRTY)

• A16Zcrypto leads $25M round for Bastion, startup creating white-labeled web3 infrastructure enterprise plug-in (A16Zcrypto)

• Briya closes $11.5M Series A from Team8, Insight Partners and others to accelerate adoption of blockchain-secured data sharing platform for hospitals (YF)

• Nomari Laser Digital starts Bitcoin Adoption Fund for investors (M)

• Web3 VC activity is down significantly, seeing less than $1B and 200 deals this quarter (CB)

• SEC wants Binance.US to be investigated (WGURU)

• 3 FTX celebrities settle lawsuits (P)

• Kazakhstan looking to implement CBDC (M)

• Retail CBDCs cannot get an ‘A grade’ from lawmakers (P)

• North Korea sought $3.4B in crypto scams & hacks via LinkedIn (DLN)

• CoinEx to resume operations with new wallet following $70M hack (CT)

• Balancer’s front-end UI hit by $238k crypto hack (CT)

• Judge denies SEC access to Binance tech stack (D)

• Chainalysis reports North Korea is behind 30%+ of crypto hacks in 2023 (CBR)

• Canto follows Celo’s footsteps and is migrating from L1 to Ethereum Layer-2 (BLOCK)

• OpenCover, a decentralized insurance company, receives $200k cash injection from Coinbase to build on Ethereum L2 blockchain, Base (CD)

• Optimism announces $26M airdrop for governance members (TB)

• Injective tests inEVM to support Ethereum applications (BLOCK)

• Ether hits 14 month low as ETH flows to exchanges (CD)

• SBF’s parents hit with lawsuit, uncovering the $16.4M home gifted to them along with many other things (ARST)

• Hong Kong on crypto firms using banking terms (CT)

• Stanford University is returning $5.5M it received from FTX (@unusual_whales)

• Arianna Simpson of A16Z says crypto is doing perfectly fine (TC)

• Which blockchain should you build on? (@a16zcrypto)

• How this trader 100X’d their $3.2k crypto wallet in less than 3 weeks (@dealerdefi)

• The web3 and blockchain startup sluggish funding environment in 2023 (CB)

• How Fed Rates could impact crypto prices (BW)

• Top 10 current Bitcoin hodlers in the world 🤯

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