Regulators Knocking On Crypto's Door

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Friday = Scroll Day! Today's scroll includes all of the FUD regarding crypto regulation, Coinbase, and shilling lawsuits along with many 'WAGMI' moments. Tag us on Twitter (@thecryptoscroll) with your favorite headline from this week and your predictions of what's to come in the near future! Scroll Away! 🖱👇🏼

• Do Kwon was arrested in Montenegro (CD)

• Coinbase receives Wells Notice from SEC over crypto offerings (BBG)

• Saifedean Ammous author of The Bitcoin Standard gives his rebuttal to Balaji's $1M BTC claim (@saifedean)

• Luno, a Digital Currency Group company, is seeking investment after layoffs followed by the resigning of the CEO (CNBC)

• Telegram announces stablecoin payments launch with USDT (DT)

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• Web3 & Blockchain funding amounts have dropped off, but investors are still hungry (CB)

• Race Capital works through SVB turmoil to raise a new $181M Fund II for web2 + web3 investments (BBG)

• Seed Club launches new $25M venture arm focused on DAOs (TC)

• Crypto exchange eToro takes $250M investment just shortly after failed attempt to go public via SPAC (CB)

• Online creator CCP raises $40M to create web3 EVE game (DECRYPT)

• Tomi raises $40M for DAO-based internet network (CD)

• Crypto trading firm Auros raises $17M in fresh funding after losing $20 million as FTX victim (CD)

• Aspecta secures $3.5M for an identity profile creator AI software (TC)

• Blockchain game developer Mystic Games to scale with $1.3M seed round (PG)

• MasterCard announces a new web3 Artist Accelerator (MC)

• Congress introduces bill for Bitcoin mining as aid to energy goals (WG)

• The U.S. SEC issued an official warning to investors about legal compliance of cryptocurrency & digital assets (WGURU)

• Circle applies for French License and Regulation to deploy EUROC (PYMNTS)

• SushiSwap subpoenaed by the SEC (DT)

• The IRS is lookign to tax NFTs like physical art and collectibles (DECRYPT)

• SEC sues Tron's Justin Sun for market manipulation and fraud (WG)

• Lindsay Lohan, Jake Paul, Soulja Boy, and other celebrities sued by SEC in illegal promotion of Tron (CNBC)

• "The only guarantee in crypto is risk" - Belgium (@WatcherGuru)

• ePIC Blockchain releases their epic blockminer (PRNEWSWIRE)

• Linus Tech Tips is the latest YouTube channel hacked & causing crypto scams (VERGE)

• Binance to comply with law enforcement to promote and boost security for web3 companies (ANIN)

• Arbitrum airdrop already has a thief lurking with plans to intercept 3 million ARB tokens (BLOCK)

• Magic Eden releases Bitcoin NFT marketplace (CD)

• Ethereum founder Joseph Lubin states "Ether is not a security" (CNBC)

• Algorand staking services will be discontinued on Coinbase (CD)

• Metamask and MoonPay partnering to bring direct crypto purchases in Nigeria (CT)

• FTX looks to claw back over $400M from hedge fund, Modulo (AX)

• Whales have stacked over $155M of XRP with recent news on the Ripple case (NBC)

• The U.S. might actually believe in Bitcoin mining capabilities for attaining energy goals & growth (WGURU)

• Sony files for NFT patent (CD)

• What is Gains Network (TD)

• How to solve the DAO data problem (MESSARI)

• Need a refresher on crypto & web3 slang? (SOFI)

• We cover the biggest web3 venture funding news from the past week in a thread every Friday! (@thecryptoscroll)

• Check out our writer @adamfolsom17 hanging out & talking web3 media & utilizing IPFS with Pinata founder, Kyle Tut (@thecryptoscroll)

Us Knowing Miami NFT Week is Just 1 Week Away 🤓

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