SBF Dodges Subpoena, For Now

All the web3 news in one scroll

Welcome to the Crypto Scroll. Get caught up on all web3, defi, and crypto news in just one quick scroll. We do the homework so you don't have to. Powered by The Drop.

gm, Happy Friday! Let's get straight into today's scroll 😎

  • The rumors & controversy of the subpoena for SBF in regards to FTX fraud (FOX)

  • Crypto "Kings" keep mysteriously dying, including three billionaires in the last month (KCEN)

  • Web3 development platform Alchemy is set to launch a Web3 DApp store (CD)

  • Leading crypto exchange Gemini states its customers are owed $900 million from Digital Currency Group (VC firm) and its subsidiary Genesis (Reuters)

  • Another crypto exchange, Bybit, to layoff nearly 1/3 of its staff as the crypto winter darkens (CD)

  • Trader Joe is coming to Arbitrum (@traderjoe_xyz)

  • Ripple and SEC final briefs provide case summary (BW)

  • Vegas is letting you bet on which exchange will file for bankruptcy next (VO)

  • Celebrities such as Kim Kardashian and Floyd "Money" Mayweather beat the case of a crypto promotion lawsuit (CNN)

  • Proactive security startup CyVers secures $8 million from Elron Ventures and Cyber Club London to prevent attacks across blockchains (FI)

  • Top tier Web3 VCs Framework Ventures and Chapter One co-lead Daylight's $3 million seed round to scale their wallet-based API (CR)

  • Oasys raises strategic round from Nexon and Galaxy Interactive to take blockchain gaming "mainstream" (BTC)

  • eGirl Capital's doxxed founding member Eva Beylin has made her mark on crypto and Web3 through investments and pseudonymous projects (YF)

  • Germany investment firm Picus Capital spins up a Web3 investment arm (TEU)

  • Canadas largest pension fund is no longer mulling crypto investments (CD)

  • NBA star Scottie Pippen is getting into Web3 (CD)

  • The UK announces it's future rollout of crypto regulations - especially with foreign entities (WGURU)

  • Brazil's crypto regulatory leaders are closely following the hectic US and European crypto markets, as Brazilians less effected by exchange bankruptcies (CT)

  • Nexo to depart US after discussions with regulators (CD)

  • Another DAO is trying to purchase the US Constitution... again (Decrypt)

  • Ankr and Helio hit by multiple connected attacks, totaling $15 million lost (SCM)

  • North Korean hackers utilize fake crypto apps to spread a malicious malware, AppleJeus (THN)

  • Noble Ally Finance now offers security and recovery consulting for crypto-related incidents (YF)

  • Rikesh Thapa, CTO of Blockparty, was arrested by the FBI after stealing $1M used on parties, clubs, and clothes. (C-E)

  • The most exciting things happening in the Ethereum ecosystem now, by Vitalik Buterin (LIMO)

  • The impacts and results of 'The Merge' for Ethereum (GIZM)

  • Ether turns inflationary as network usage slows (CD)

  • ConsenSys to update MetaMask wallet amongst privacy backlash (CD)

  • Axie Infinity token AXS skyrockets 20% due to progression of decentralized governance (AxInSub)

  • Binance US eliminates trading fees for ETH (CT)

  • Kim Kardashian wins lawsuit over Ethereum Max (CNBC)

  • ETH devs delay Surge upgrade to prioritize staked ETH withdrawals (TD)

  • Ledger looks to Ipod creator Tony Fadell for new crypto hardwarewallet (CD)

  • $USDC creator Circle abandons plans of a business combination with Concord Acquisition Corp. SPAC and will remain private (PRN)

  • LedgerX is one of the only solvent pieces tied to the FTX collapse, and has leading crypto companies eyeing their potential sale (BBG)

  • SBF and Maxine Waters, Chairwoman of the House Financial Services Committee, exchange tweets (yes, you read that correctly) about the upcoming FTX hearing (@RepMaxineWaters)

  • Goldman Sachs to spend 'tens of millions' on discounted crypto investments after FTX implosion (CD)

  • FTX may have impacted the demise of LUNA (NYT)

  • Entertainment professionals beginning to understand how Web3 technologies can impact Film & Television (OTE)

  • YCombinator popularized the infamous SAFE, but now startups can raise capital with crypto via SAFT (Simple Agreement for Future Tokens) (SL)

  • A comparison of Layer 2 Protocols Arbitrum and Optimism (@slappjakke)

  • You can now stake your LINK as Chainlink launches staking services (TD)

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