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The Missing Millionaire and Sam Bankman-FREED

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Another beautiful Friday to be a scroller and part of this awesome crypto community 🖤 We appreciate all your support and are blessed to be able to deliver some of the brightest minds in the space the most important news & headlines 3x per week. Here’s a quick TL;DR for our final edition of the week: U.S. government has decided to drop charges against SBF; A crypto millionaire’s body was found chopped up in a suitcase in Buenos Aires (R.I.P.); Hundreds of thousands waited in line for Worldcoin’s eye scanning procedure for the airdrop; Seqouia Capital reduced it’s crypto fund by 2/3, now totaling $200M. Thanks for the support & continuously reading and remember to keep on scrolling ⛓

  • A crypto millionaire’s body was found in a suitcase, dismembered (Y)

  • MIT general Jason Lowery was forced to take Softwar down (@jasonplowery)

  • Meta’s metaverse division records a loss of $3.7B (CT)

  • Sam Altman’s Worldcoin onboarded 250,000 users via in-person eye scans, skyrocketing Arbitrum transactions (CD)

  • Seqouia slashed it’s crypto venture fund by 66%, downsizing from $585M to $200M (TC)

  • Crypto Firm Flashbots raises $60M in Paradigm led round (CD)

  • Tromero raises $1.85M from BlueYard Capital (@oracle_xyz)

  • Eyeball Games raises $1.5M for NFT-based 8-ball pool game (@oracle_xyz)

  • Interface raises $1.4M seed round led by Polymorphic Capital and Mask Network (@interfacedapp)

  • Singapore court declare crypto as property (TB)

  • The International Monetary Fund (IMF) is against crypto being labeled as “official currency or legal tender” (WGURU)

  • Ripple runs CBDC pilot with Palau (TB)

  • Japan Prime Minister thinks web3 can transform the internet and wants to create an environment for innovation (WGURU)

  • Congress fails to agree on stablecoin regulatory bill (REUT)

  • Sam Bankman-FREE from charges? 👇🏼

  • Malware aims to steal Apple users crypto through fake blockchain games (TB)

  • Alphapo hack now totals $60M+ (CT)

  • CoinsPaid suspects Lazarus Group is behind their $37M hack (CT)

  • Tennessee couple defrauded 100+ investors in $6M crypto scam (MR)

  • zkSync’s top lender, EraLend, hit by $3.4M DeFi hack (CB)

  • Twitter (or X or whatever the hell it’s called) is still full of scams, many using SpaceX & Elon tokens (F)

  • A Redditor’s Bitcoin wallet was wiped even though they believed to be following ‘safety measures’ (CT)

  • Another ETH deathcross threatens downside (CT)

  • Bard’s predictions on ETH in 2024 (F)

  • Shibarium to Ethereum bridge goes live for testing (CD)

  • Ethereum ditching mining isn’t necessarily better for the environment (CD)

  • Bitcoin & Ether futures saw record participation from large investors (CD)

  • Market Update: Overall crypto finishes the week down ~1% 👇🏼

  • Crypto robo-advisor hedgeghog partners with coindesk (CD)

  • Investor Group nears $125M deal for CoinDesk (R)

  • Grand Theft Auto 6 rumored to support cryptocurrency payments (@WhaleChart)

  • Tim Draper states Bitcoin will rise above fiat and is a much safer option (@WatcherGuru)

  • Prosecutors want SBF jailed prior to trial (WGURU)

  • Can we put wall street on a blockchain (CNBC)

  • Meta’s journey to a $21B loss in 18 months for their metaverse ventures (WGURU)

  • Send Bitcoin & other crypto using your twitter handle (@WhaleChart)

  • Danger of hidden paper wallets (CT)

Wen Crypto Mainstream?

If it’s “fraudulent” they shouldn’t need to tax it

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