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Craziest stories post-ETF approval: Millions of assets are being transferred from firms like Vanguard that are blocking crypto offerings to ETF-approved firms. Plus, these firms are scooping up a good chunk of the available Bitcoin, with BlackRock leading the charge. Check out some other major headlines including web3 funding, security breaches & scams, and the layoffs that are also hitting web3/crypto companies 👇🏼

  • Circle confidentially files for IPO (BW)

  • Vanguard has removed all crypto offerings to customers, causing massive asset transfers (CD)

  • MicroStrategy BTC holding are worth $1B more than the company (BW)

  • BlackRock has scooped up 11,500 BTC during recent dip for ETF funding (CS)

  • 4 Grayscale wallets send $183M of Bitcoin (4,000 BTC) to Coinbase exchange (@Ashcryptoreal)

  • Bitcoin miner outflows hit 6 year high before the halving (CD)

  • Pontem raised $6M to enable ETH and move compatible apps (TB)

  • BeWater, a web3 venture studio, received strategic funding from OKX Ventures (PRN)

  • South Korean gaming company WEMADE solidifies partnership with DIFC Innovation Hub (H)

  • Web3 payment & payroll startup Zebec launches product in Japan (CTRST)

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  • SEC “squandered a decade” rejecting BTC ETFs (D)

  • Genesis forfeits BitLicense to New York regulator and pays $8M fee (M)

  • Gary Gensler does not support BTC after ETF approval (Y)

  • Congress on if crypto and FinTech should be regulated (P)

  • India blocks global crypto sites Binance, Kucoin, OKX over laundering fears (E)

  • Wise Lending had a exploit of $455K (@peckshield)

  • Solana trader loses $5.7M in slippage to $9M memecoin trade (MR)

  • $15B in XRP, 50% of current market cap., failed multiple unsuccessful transactions to exploit Bitfinex exchange (CD)

  • Anonymous crypto Twitter user lost $57k from a fake comment link (@2Lambros)

  • Larry Fink backs ETH ETF (CD)

  • Solana MEV bots bag over $1.7M (CD)

  • 2 Azuki NFTs sold last night each for $225k+ (90 ETH; 95 ETH), making the floor 98 ETH (@thedropnft)

  • Ethereum has been outperforming BTC in the past weeks (CP)

  • GameStop bails on it’s NFT marketplace after just 18 months of operating (DT)

  • FTX customers give feedback on FTX repayment (P)

  • NEAR Foundation cuts 40% of entire workforce (CCN)

  • Robinhood to list BTC ETFs as soon as possible (TB)

  • Greyscale stirs market speculation with 4K BTC transfer (NB)

  • Hitachi America joins Hedera’s governing council as the 30th member (LI)

  • Hedera to allocate 4.86B HBAR (currently valued ~ $400M) for further funding & network development efforts (HDRA)

  • Will ETFs make BTC any more popular (P)

  • AI, VR, IoT and its involvement with web3 (M)

  • Who is the last man standing in crypto (WSJ)

  • Tracking cryptocurrency abuses on the dark web (ARX)

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