Solana Saga: The Crypto Smart Phone

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.

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NFT NYC week is over and we know that our creators Gannon Breslin and Von Doom had a hell of a time and loved meeting some of our readers from @thedropnft and @thecryptoscroll! Another Monday has come and we have a solid lineup of news for you! Thanks for reading, don't forget to share our newsletter, and keep on scrolling 🖤⛓

• Solana's crypto ready smartphone goes on sale May 8 (CD)

• Bitcoin surpasses 1M ordinals inscriptions (TD)

• More people googled "bitcoin" last week than ever before (NB)

• Winklevoss Brothers dip into their own funds, personally loaning Gemini $100M (CT)

• DWF Labs explains why they have invested more than $200M in web3, crypto, and blockchain startups over the previous year (CD)

• Sei labs raises $30M for crypto trading-focused blockchain network (SEINETWORK)

• Absolute Labs bags $8M for its Wallet Management Solution (WRM) (P2)

• Opside got $4M for its zkRollup as-a-service (OPSI)

• RSS3 got $10M for its seed feed file protocol (rss3)

• China's BAI Capital makes the jump from web2 to web3 for diversification with additional fund focused on web3 (DSA)

• Lawmakers give SEC til April 17 to release SBF records (PYMNTS)

• Paxos to withdraw services in Canada due to regulations (CT)

• US Senate draft stablecoin bill (CD)

• Montana's 'Right to Mine' crypto friendly Bill passes House of Representatives (BW)

• Hacks based on dollar amount are down 75% from Q1 '22 to Q1 '23, from $1.3B to $320M, respectively (CT)

• Eureka's $3M bounty for a $15M private-key hack (BiC)

• How Hundred Finance got hit with a $7M attack (CN)

• MetFi DAO collaborated with CertiK, a top web3 security firm, for an audit & security check (AMBC)

• Ethereum is up after the upgrade (CD)

• zkSync Era jumps to $250M in locked value (CD)

• Ethereum is now focused on scalability post Shapella (TD)

• $198M in Ethereum staked in last 24 hours (TD)

• Apple releases its grip on Uniswap (TB)

• Whales moved $850M in the last 24 hours (DH)

• ETH has over $2B in pending withdrawals (TD)

Monday morning slump for ETH following the Shanghai Upgrade & BTC falling below $30k

• A Bitcoin resource guide as thousands flood into the crypto asset space (CN)

• Web3 Berlin, set for June, will be the largest European Crypto & NFT conference (CN)

• The collapse of multiple Centralized Finance (CeFi) institutions continues to prove crypto's core pillars (CT)

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