What The HEX Is Going On?

Welcome to the Crypto Scroll. Get caught up on all web3, defi, and crypto news in just one quick scroll. We do the homework so you don't have to. Powered by The Drop.

You can check out our previous articles and please follow us on Twitter!

gm Scrollers,

The last two days have been quite the opposite of uneventful in the world. A Goldman Sachs Analyst was found dead in a body of water, The United States credit rating was downgraded by Fitch from AAA to AA+, but the thing that we’re here for: all of the crypto, web3, defi, blockchain headlines. Lot’s of good content today so keep on scrolling!

• SEC has charged HEX & PulseChain founder Richard Heart for securities fraud allegations (SEC)

• Rumors spread that SBF & the U.S. government are tied to the $BALD rugpull (CD)

• Hyundai announces Hedera integration for CO2 emissions monitoring system (@hedera)

• Tether reports $850M net profit for Q2 (TB)

• Binance Japan starts onboarding users (CD)

• Yuga Labs to acquire Roar Studios (D)

• Flashbots become unicorn after $60M raise (TB)

• Druid Ventures, a $13M fund investing in early-stage blockchain and crypto companies plans to back 20-25 startups by 2024 (ALXB)

• Fabric Cryptography raises $6M for processor to accelerate cryptographic computation (@oracle_xyz)

• Cincinnati-based Narval raises $4M round led by BlockTower (BZJ)

• CoinFund appoints Dilveer Vahali as Head of Venture Legal (BBHQ)

• Brian Armstrong claims SEC demands could mean end of crypto (MW)

• Manhattan judge claims some crypto assets are securities (CNBC)

• Binance runs a $90B operation out of China - where crypto is illegal (WSJ)

• $500B banking giant Nomura wins Bitcion license in Dubai (REUT)

• Kenya suspends Worldcoin operations over security concerns (REUT)

• How Curve contained a $70M exploit (BW)

• Arkham Bounty unearths $160M in alleged Terra wallets (TD)

• Collection of tweets that show potential connection between $BALD rugpull & SBF 👇🏼

• Financial giants run to apply for Ethereum Futures ETFs (CG)

• ETH MEV rewards hits $11M in a single day (TB)

• Ethereum turns 8 years old (CT)

• Proposed ETH upgrade could allow L2 Devs to share fee revenue (TD)

• Whale reclaims $74M in ETH locked in ENS auction (CT)

• IRS claims taxation on crypto staking rewards (BN)

• Crypto market loses $486M in July (CT)

• Ripple founder frustrated with SEC utilizing XRP Market Report in legal case (CT)

• MicroStrategy plans to raise $750M to buy more Bitcoin, as they now hold 152k BTC (@BitcoinMagazine)

• GameStop halts cryptocurrency support roadmap (CT)

• Litecoin’s halving happens today (CD)

• What Richard Heart has bought with HEX & PulseChain earnings (VRG)

• $BALD: The rugpull memecoin that pumped 4 million percent (CCN)

Sponsored Content: There is no sponsored content in today’s newsletter