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Regulators And Authorities Looking To Shut Down Crypto
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Hope all of you scrollers had a great weekend! Although the weekend may have been relaxing for some, it rarely is in the the world of crypto & currently banking. Tons of coverage below👇🏼 Don't forget to share this newsletter with everyone you know for the easiest and quickest way to stay up-to-date with the world of web3, crypto, & blockchain 🫶🏼 Let's dive in!
CoinBase CEO on SEC risking US financial system behind other countries (TB)
Ledger announces browser extension for its wallet (@Ledger)
Microstrategy just purchased 6455 BTC ($150M) (WG)
NASDAQ plans for Q3 launch of its digital asset custody services (BBG)
First Citizens Bank to purchase Silicon Valley Bank's assets for 80% discount, valued at $16.5B (DT)
Terra Labs founder Do Kwon appeals court of prolonging his arrest 1 month (CrTi)
Animoca Brands is aimed for $800M fund size after initial plans for $1B metaverse fund (REUT)
BitKeep bags $30M from Bitget exchange for its multi-chain wallet (TFN)
Turnkey, led by former custody execs. at Coinbase, raises $7.5M from Sequoia, Coinbase Ventures, and Variant for custody and security application (BLOCK)
Gryfyn, a custodial wallet collaboration by Animoca Brands and Hex Trust, raised $7.5M from Liberty City Ventures and GameFi Ventures - all while Animoca COO becomes the startups' new CEO (BLOCK)
CrossX receives $6.35M in seed funding from Two Sigma Ventures and other trading firms for its crypto trading software (BLOCK)
France-based Carbonable raises a $1.2M seed round for efforts to capture carbon on the blockchain (TEU)
Fed announces July as date for CBDC implementation (FEDERALRESERVE)
SEC is hammering investors on crypto securities (CD)
Texas House introduces bill to protect ownership of BTC (BM)
G7 nations to work on tougher crypto regulation (WG)
CoinBase to start donating to pro-crypto candidates (WG)
Bug bounty doubled for Shapella issues (ETHEREUM)
ZenGo uncovers security vulnerabilities in web3 transaction simulations (ZENGO)
Binance suffers outage due to software bug (CD)
After scamming investors, Canada's "Crypto King" was kidnapped, tortured, and held for a $3M ransom (DT)
Euler hacker returns $90M of the $200M total stolen in mid-march flash loan exploit (DFIN)
Kokomo Finance shut down all social medias and sites leading to a 95% tanking of their token, leading to $4M rugging suspicions (CT)
How CoinBase plans to fight the SEC (@TheDefiant)
Blockchain gaming market is moving fast - here's a look ahead of the market (CT)
Startup Founders: Tim Draper suggests to hold one or more pay periods worth of cash in crypto (CT)
Web3 is impacting sports (PCP)
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