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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.

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It is always a good morning, but especially today for any ETH-heads out there. The handful of Spot Ethereum ETF applications have been approved by the SEC. Now rumors swirl around initial trading date. 🚀 Pump incoming??

It’s also a sad day as Dogecoin’s inspiration, Kabosu, the dog behind the memecoin, has died. May Kabosu Rest In Peace and bless your wallets ❤️‍🩹

Other headlines below: Information on the FIT21 bill being passed by the U.S. House along with a CBDC bill against the Federal Reserve; Coinbase operating a food truck; Algo Foundation taking shots at BTC, ETH, SOL; and so much more - including a handful of great memes. Keep on Scrolling ⛓

• SEC approved 8 spot Ethereum ETFs with expectations for trading to begin in June (@thedropnft)

• FIT21 Crypto Bill passed by the U.S. House! (WG)

• Uniswap responds to Wells Notice from SEC (US)

• Bybit CEO willing to show proof-of-reserves due to insolvency rumors (CT)

• Solana and XRP could be the next targeted coins for ETFs in 2024/2025 (WG)

• Dogecoin dog, Kabosu, passed away yesterday 😢 (@dogecoin)

• Haun Ventures leads $10M round for real world asset tokenization startup Plume Network (BLOCK)

• Decentralized governance infrastructure startup Dora Factory closes $10M strategic funding from Nomad Capital, Sky9, and many more (FSME)

• Fantom Foundation is rolling out Sonic Foundation and Sonic Labs with $10M strategic capital raise (BLOCK)

• Owlto Finance scores $8M in strategic funding from Bixin Ventures and CEiC (CT)

• Decasonic leads $1.45M round for layer-3 gaming startup, Anomaly (VB)

• Unlockit, a transaction security startup, raises €1.4M pre-seed (T.EU)

• Crypto VCs may become generalist investors (BLOCK)

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• The major crypto bill that was passed with rare bipartisan decision (AX)

• U.S. House passes another major bill - not allowing the Federal Reserve to create a CBDC (WG)

• Setting up approval for Senate debate & vote on crypto regulation bill (FKST)

• Gate.HK, a Hong Kong crypto exchange, folds due to regulatory pressure (CT)

• Gala crashes after $240M exploit (TD)

• Crypto sleuth, Ogle, is launching a security chain called Glue (CD)

• ZachXBT marks 7 wallets connected to a $61M hack of Bitcoin (CT)

• Kronos Research hacker, who stole $3.7M ETH, moves stolen tokens to Tornado Cash after ETH surge (CT)

• Understanding crypto drainers (CHN)

• OKX predicts $500M will be dumped in ETH in first week of ETF trading (DLN)

• ETH soaring on ETF rumors (CT)

• ETH is rising despite regulation drama (FC)

• Gary Gensler hints that a ETF decision will happen soon (WG)

• Crypto Punks announces new 500-piece NFT collection, Super Punk World (@cryptopunksnfts)

• Coinbase operated a Pizza Truck in NYC that offered $1 slices, only accepting USDC (@coinbase)

• Grayscale launches 2 new trusts, focused on NEAR and STX (BLOCK)

• VersiFi set to acquire trading startup Ather Digital (BLOCK)

• Carter vs. Hoffman set to take place for Karate Combat at Consensus2024 next week (@nic__carter)

• Phantom is now the #2 finance app on the Google Play store (@DegenerateNews)

• A Solana memecoin developer received 3rd degree burns from firework incident on livestream (DT)

• Stepn Go adds a new social addition to Solana-based step-to-earn game (DT)

• Algorand Foundation drops a diss video at Bitcoin, Ethereum, and Solana 👊

• The next wave of spot ETFs to be created (@WatcherGuru)

• Comparing ownership of Bitcoin ETFs vs. directly purchasing Bitcoin for financial advisors (CD)

• Why Tether’s USDT is so powerful (BiC)

• The Future of Money: exploring cryptocurrency (CDLY)

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