Pudgy Penguins Get Slippery and Bored Apes Gone Wild

Sponsor 🤝 Follow Us 🖤 Recent Articles 📰

Welcome to the Crypto Scroll. web3, defi, and crypto news in just one quick scroll. We do the homework so you don't have to.

You can check out our previous articles and please follow us on Twitter!

gm Scrollers,

Getting real close to the end of the year! So much to look back on in 2023. We’ve written over 130+ editions of The Crypto Scroll this year alongside The Drop! Let’s cover some headlines that occurred over the last few days: Pudgy Penguins and Bored Apes stolen, then returned for a hefty ETH bounty; Coinbase and Ripple team up with A16Z to invest in a “pro-crypto” Political Action Committee; $BONK goes bonkers once again; and 2024 trends & predictions for web3 and crypto all below 👇🏼

• SEC Commissioner believes Spot Bitcoin ETFs should have been approved 5 years ago 👀 (@BitcoinMagazine)

• CFTC Chair calls cryptocurrency commodities (UCC)

• Bitcoin Mining firm Marathon breaks own record, mining 125 BTC in 24 hours (@BitcoinNewsCom)

• FTX finalizing plan to end bankruptcy, pay debtors, and reorganize (BBG)

• 36 Pudgy Penguins and 14 Bored Apes reportedly stolen then returned with 120 ETH bounty from Yuga Labs (@thedropnft) (CT)

• Crypto markets are down despite the SEC meeting for BTC ETF (TD)

• Metis, an Ethereum L2, raises a $100M ecosystem fund (CD)

• Aki Network valued at $50M following Series A from top undisclosed Japanese VC alongside MARBLEX and Puzzle Ventures (YF)

• Lolli raises $8M for BTC rewards program (P)

• Polychain, Haun Ventures, and others back Sona web3 music streaming platform with $6.9M round (@oracle_xyz)

• Tap Protocol raises $4.2M from Sora Ventures to build on Ordinals for Bitcoin gaming defi projects (BLOCK)

• Avalanche-based platform NodeKit raises $1.2M pre-seed round led by Borderless Capital and other top crypto VCs (BLOCK)

• Commonwealth and Paid Network ink strategic partnership for democratizing web3 and crypto investing (BC)

• Coinbase, A16Z, and Ripple invest $78M in pro-crypto PAC ahead of elections (CT)

• SEC thinks Coinbase’s push for crypto regulations are agressive (CD)

• BlackRock makes modifications to Bitcoin ETF to allow Wall Street Banks and other Authorized Participants to hold without a crypto license (@BitcoinNewsCom)

• Former PayPal president weighs in on new Bitcoin accounting rules (@BitcoinMagazine)

• SEC denies Coinbase for rule making (M)

• DOJ charges two people for crypto Ponzi scheme (BW)

• Ledger code library hacker drains $480K (TD)

• 2 men charged after caught operating $25M crypto Ponzi scheme (J.GOV)

• New Yorker blares frustration following parents falling victim to $1M crypto scam (CBS)

• Aurory’s SyncSpace bridge attack drains 80% of Aurory-USDC’s pool liquidity (CT)

• Nirvana Finance hacker pleads guilty for $12.3M (M)

• Janet Jackson’s ex-husband & Qatari billionaire receives apology from Meta following Facebook crypto scam ads with his photo (FT)

• Individual who found data harvesting in Ledger Live also finds harvesters in Avalanche and MetaMask browser extensions (PROT)

• Solana hacker pleads guilty (M)

• Arbitrum had an outage due to traffic surge (CD)

• JPMorgan claims ETH will outperform BTC in 2024 (MR)

• Ethereum whales scoop up $230M of ETH in 1 week (DH)

• Whales continue selling ETH (U)

• Ethereum Layer-2 network Metis raises $100M ecosystem fund (CD)

• Trader turns $1k → $100k via new memecoin, $dogwifhat (CD)

• Grayscale tweets about tax implications of BTC ETFs (@Grayscale)

• $BONK’s skyrocket to the top as a Solana memecoin (BBG)

• Creating open-source voting systems with Bitcoin (@natbrunell)

• 30 Web3 founders optimistic predictions for 2024 (TC)

• Understanding crypto ransomware (ARXIV)

• Bitwise crypto predictions for 2024 (B)

• Greatest concerns for the BTC halving (C)

• A breakdown of the ledger hack (M)

• Hedera President, Charles Adkins, tweets about synergies of AI x DLTs (@CharlesXAdkins)