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Already through January, Scrollers! It's February 1st and we're off to a hot start with warnings of a major global recession. Keep your heads up, ignore the FUD, and WAGMI ❤️ Enjoy the mid-week edition!

• Elon Musk has looked into integrating crypto payment options for Twitter (CT)

• Alameda Research is suing bankrupt Voyager Digital for $445M from previous loans (S.Y)

• DOJ cuts off Sam Bankman-Fried's contacts & relationships with FTX individuals (WSJ)

• DekaBank, 105 year old German bank, to offer crypto services to more than 1.5 million clients (BW)

• Custodia Bank lays out lawsuit against Federal Reserve of Kansas City after membership denial for Federal Reserve (AX)

• "Bitcoin is probably the biggest invention in my lifetime" - Strike CEO, Jack Mallers (@BitcoinMagazine)

• Defy.VC closes $300M for its third early-stage fund, with investments from enterprise SaaS to crypto & blockchain (CB)

• Pantera Capital's Liquid Token Fund is down 80%, and crashed 23% in November (CD)

• Haun Ventures backs Sovreign Labs with $7.4M for interconnected rollup system (NFTG)

• Decentralized storytelling platform StoryCo raises $6M seed round from Patron and Collab + Currency (CD)

• Venom Ventures invests in $5M Everscale blockchain (TB)

• Ethos Wallet building on the Sui-blockchain raises $4.2M for hiring and product development (CD)

• Pfizer backed startup VitaDAO raises $4.1M (Forbes)

• Black Founders in web3 are raising 8x more venture capital dollars ($60M) in proportion to total dollars ($11.9B) (TC)

• Custodia Bank denied by Federal Reserve of Kansas City and Federal Reserve Board of Governors to become member of Federal Reserve System (BD)

• Australian Regulator internally raised concerns on FTX (CD)

• New York introduces bill to legalize crypto payments for state purposes (CS)

• White House releases plans for increased enforcement to tackle cryptocurrency risks (CryptoNews)

• Russian residents receiving 'ready-to-go' crypto accounts on exchanges (N.BTC)

• Hong Kong to require stablecoin licensing this year (CD)

• Montenegro's Central Banks partners with Ripple ($XRP) to create stablecoin (UW)

More on that NY Bill:

• South Korea to deploy cryptocurrency tracking system in 2023 (CT)

• Azuki Twitter account hacked for $750K (Decrypt)

• Crypto startup Hypernative raises $9M to prevent web3 cyber attacks (TC)

• North Korean hackers launder $27M stolen in Harmony bridge attack (CS)

• Understanding cybersecurity, crypto, and data privacy terminology (MDQ)

• United States has serious national security risks with crypto and crypto-backed assets (OODA)

• Ethereum is ready for staking withdrawal trials on Shanghai Testnet (DT)

• 55% of ETH exchange holdings reside on Coinbase and Binance (Today)

• Aave launches v3 on Ethereum mainnet (@AaveAave)

• Sorare partnership with Premier League offers Ethereum-based digital player cards (CT)

• ETH hits 2 month high and network usage skyrockets (BTCIST)

• BTC (43%) is still outperforming Ether (36%) in 2023 (CD)

• Mastercard partners with Binance to launch prepaid crypto card in Brazil (CD)

• "El Salvador will be completely debt free because of Bitcoin and Volcano Bonds" - Max Keiser (@maxkeiser)

• SBF's $250M Bond Guarantors can and will be made public by judge ruling (UW)

• Strike launches "Send Globally" application for cheap, instant, secure crypto payments to the Philippines (BMAG)

• ZK Rollups vs Optimistic Rollups (@_bfarmer)

• Bonds, Volcano Bonds, and Bitcoin utilized to help El Salvador (INVOP)

• Lebanon is devaluing its national currency by 90% today, February 1st (REUT)

• Hong Kong's route to becoming Asia's crypto leader and powerhouse (FT)

Buying High & Selling Low is Right... Right?

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