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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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gm Scrollers,

Can someone please explain to us why we’re not seeing the bull run yet?!? Seriously. Everything happening is so bullish:

Ethereum gas fees hit a multi-year low. BlackRock Ethereum ETF surpasses $1M inflows. MicroStrategy ETFs are being created and heavily invested in. Regulation discussions are happening fast with the US election around the corner. Prediction Market platforms are gaining massive steam.

Keep on Scrolling if you’re Bullish ⛓🐂

• Franklin Templeton files for a crypto market ETF under the ticker ‘EZPZ’ (CC)

• Tether plans to create a new stablecoin pegged to dirham, UAE dollar (YF)

• $1B of USDT was printed yesterday, with $0 in fees (X)

• A second MicroStrategy ETF with 1.5x leverage is launching today (X)

• State Street is expanding crypto offerings with new Swiss crypto partner, Taurus (RT)

• Bitwise expands to Europe with recent acquisition (CB)

• Ledn secures $50M BTC backed loan from Sygnum (TD)

• Gate.io launches $100M web3 innovation fund with Abu Dhabi (CS)

• Arc raises $20M for web3 incubator (ID)

• A16Z crypto leads third consecutive round, $80M Series B, for blockchain IP startup Story (UCC)

• YeagerAI secures $7.5M seed round led by North Island Ventures (NG)

• Bitcoin-centric yield network Corn completes $6.7M round led by Polychain Capital (CT)

• Web3 social gaming startup Soulbound closes $4M funding round with investors Animoca, Big Brain Holdings, and Blocklord CEO David Johansson (VB)

• Mesh, a connectivity layer for crypto payments and deposits, secured strategic capital from QuantumLight (FSME)

• New York based blockchain data company Lukka received investment from Animoca (FSME)

• Boba LiftOFF Accelerator sees influx of applications from web3, ai, crypto, and gaming startups for $1M+ in grants (MS)

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• German authorities go on crypto raid with illegal bitcoin ATMs, seizing $28M in cash from 13 ATMs (BST)

• Rapid crypto adoption is forcing Nigeria’s SEC to license crypto exchanges (BBG)

• Dubai court ordering company pay its employee in crypto (CD)

• Improved DAO regulation coming to Hong Kong for more web3 advancements (NB)

• Ikigai Strategic Partners to pay $150k fine for illicit Bitcoin loan (CT)

• Crypto owners urged to push Kamala Harris to fire SEC chair before election (BN)

• Custodia Bank CEO gives outlook on Bitcoin future and Wyoming regulatory leadership (CL)

• What US crypto regulations could like with Trump as president (YF)

• Crypto whale falls victim to phishing attack leading to $55M DAI lost (TCB)

• 800,000 servers are vulnerable to crypto stealing malware targeting PostgreSQL (CN)

• CertiK makes official statement on Kraken vulnerability (CFI)

• Roman Ziemian, FutureNet founder, allegedly defrauded users of $21M (CD)

• Charles Hoskinson to award $1M for Cardano security challenge (BST)

• How scammers convince people to drain their savings in to crypto fraud (CNBC)

• ZachXBT uncovers $238M BTC theft (CN)

• $1.5B of crypto has been hijacked in 2024, closing in on 2023 total (FM)

• CZ and Binance are facing a money laundering class-action lawsuit (UCC)

• Katherine Wu joins ens.domains as Chief Operating Officer (X)

• Private ‘dark pool’ transactions are dominating the Ethereum chain (CD)

• BlackRock ETH inflows are first to surpass $1B (CBF)

• ETH gas fees hit record low as price move incoming (FXS)

• Vitalik transfers $1M in ETH to mixer railgun (CS)

• BadgerDAO founder proposes Corn, a new Ethereum L2 (DT)

• Prediction markets hit Solana via Drift Protocol (X)

• dYdX announces ‘Unlimited’ trading platform with new features coming soon (BN)

• Solana ETFs appear to be removed from CBOE platform (X)

• Bitcoin staking company Babylon, that raised $70M, to phase-launch mainnet starting this week (CT)

• SpaceX to conduct first ever human spaceflight over Earth’s poles will happen in the next 12 months, led by Chinese cryptocurrency entrepreneur (AT)

• After Sun.Pump launch, new Tron dog-inspired memecoin SunDog skyrockets to $325M market cap (DT)

• 40 CryptoPunks traded yesterday within 24 hour window (CP)

• TON flips ADA in market cap. as Cardano drops out of the top 10 (CT)

• A guide on how Layer 2 solutions actually work and what they are used for (X)

• AI agents can ‘unstick’ consumer crypto uses (MR)

• Hedera ecosystem overview Q2 2024 (RR)

• NEAR ecosystem overview Q2 2024 (RR)

• What Kamala Harris would do to crypto as president (CNBC)

Pudgy Penguins making fun of FUDers 👀

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