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Your mid-week update is here. KuCoin hits headlines as founders of the exchange are being indicted for criminal charges. Ethereum and Litecoin were labeled as “commodities” yesterday. A blockchain x AI startup raised a $35M pre-seed round (in this environment!?) 🤯 Base chain is now the hotspot for memecoins. And much more if you Keep on Scrolling 🖤💎

• KuCoin executives and the exchange indicted by U.S. government for criminal charges (WG)

• SEC makes major movement with lawsuit against Coinbase for selling unregistered securities (CNBC)

• Nilam Resources, a gold miner, files to buy $1.7B of Bitcoin (WG)

• More than 50% of Solana transactions have failed over the past month (DLN)

• $300B has been added to the market this week (F)

• Sam Bankman-Fried to officially be sentenced tomorrow (AX)

• 0G Labs secures $35M pre-seed funding for ai web3 infrastructure play (CTST)

• Morph, an EVM L2 developer, raised $19M in seed capital from Dragonfly Ventures alongside Pantera Capital, MEXC Ventures and other prominent investors (PRN)

• Peaq secures $15M pre-launch funding for DePIN layer from Generative Ventures and Borderless Capital (NFTG)

• Newman Group, 32-Bit Ventures, Cypher Capital co-lead BlockGames $6M round for Universal Game Profiles (NFTG)

• Keyring scores $6M from Gumi Cryptos Capital and Greenfield Capital for institutional crypto compliance platform (CD)

• Gameplan closes seed round with investment from UFC legend Khabib for web3 fan engagement (YF)

• Borderless Capital, a web3 focused venture capital fund, has acquired ai-investor CTF Capital (RFM)

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• London Exchange will launch Bitcoin and Ethereum Exchange Traded Notes (ETNs) (WG)

• Nigeria files tax evasion charges against Binance (G)

• FTX to sell $884M of Anthropic shares (BW)

• Garlinghouse says SEC to press judge for $2B in fines and penalties in Ripple case (CD)

• SEC is seeking $2B fine from Ripple in final judgement (CD)

• SEC is facing lawsuit to exempt airdrops from securities classification (M)

• Munchables, a project on Blast, lost $62.5M ETH in exploit (CD)

• WorldCoin addresses privacy concerns with personal custody (TD)

• Apple macs fatal flaw that allows hackers to steal your crypto (M)

• Email phishing campaign is targeting BlockFi and FTX creditors (TB)

• Crypto influencer loses 57 SOL plus 6 figure NFTs in Metamask and Phantom wallets in mobile hack (@DegenHaole)

• Phishing attack targeting iPhone users to drain crypto wallets

• Fidelity now applies for Spot Ethereum ETF, with staking (WG)

• The details of BlackRock’s tokenized asset fund on Ethereum ($BUIDL) (BW)

• SEC delays decision on ETH ETF… again (M)

• ETH must achieve mainstream adoption within 5 years according to Vitalik (TD)

• Ethereum and Litecoin considered “commodities” in new KuCoin lawsuit (WG)

• Fidelity and BlackRock combined own over 379k BTC ($26B) for their Spot ETFs (@BitcoinMagazine)

• El Salvador doubles down on Bitcoin… again (CD)

• ApeCoin DAO signed multi-year partnership with Formula One team (FA)

• Bitcoin sell-side liquidity relative to demand reaches an all-time low (@BitcoinMagazine)

• Kevin Hart sold his BAYC NFT for an 83% loss (TB)

• DogeCoin is pumping again from Elon rumors (I)

• Base blockchain transactions are up due to memecoin frenzy (M)

• How web2 brands are joining web3 (BR)

• Bitcoin history is repeating itself (F)

• BlackRock is taking crypto too serious (BW)

• Web3 credential networks with ecommerce (F)

• How 3 AI x Crypto firms are set to merge with tokens (BBG)

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