You Can't SEC Me

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,

End of the week is here, so we are delivering your 3rd and final weekly edition of the scroll⛓ A volatile week to say the least: SEC surrendered in XRP case according to Ripple executive; Bitcoin ETF hopes cause $BTC to hit $30k; Crypto scams are on the rise in Q4; Gemini is being sued by NYAG; and the FTX trial is slowly but surely unwinding. If you are reading The Crypto Scroll and The Drop NFT every day, just know WAGMI 😎

• Ripple executive says the SEC surrendered in dispute (@WatcherGuru)

• Binance U.S. halted fiat withdrawals (CD)

• Lido looking to sunset operations on Polygon (L)

• Polygon follows Hedera’s lead with proposed 13 member council for decentralized governance (CD)

• New York sues crypto firm for over $1B (TV)

• J.P. Morgan expects a Spot Bitcoin ETF approval by January 2024 (WGURU)

• Pantera Capital leads $22M investment in SynFutures (M)

• Makers Fund, BITKRAFT, and Animoca back video game platform Forge with $11M Seed funding along with other top web3 investors (NFTG)

• Elixir Protocol secures $7.5M series A (M)

• Web3 powered file management app raises $1.5M (CD)

• Owner of Bitcoin Magazine is launching an investment fund called Unbroken Chain (CD)

• Ava Labs announces India business development fund (X)

• Sony Venture investors rely on B2B infrastructure disruption for web3 success (PYMNT)

• White House plans to crack down on crypto use after Hamas attack (R)

• Ireland is picked as EU regulatory hub by Coinbase (CNBC)

• Greyscale submits BTC ETF proposal to SEC (M)

• Coinbase chooses Ireland as regulation hub in Europe (CD)

• U.S. Treasury is cracking down on crypto mixers due to money laundering concerns (WGURU)

• Hope Lend, an Ethereum DeFi protocol, drained of all 526 TVL Ether (CT)

• Aptos suffers multi-hour outage (AS)

• Platypus Finance will not take legal action after recouping 90% of hacked crypto (CN)

• Employee at Fantom Foundation loses $7M of crypto in targeted attack (CFMA)

• Recent bridge hacks in crypto from Coinbase’ POV (CN)

• Standard Cross Finance reportedly hired actors to pose as executives in $1.3M exit-scam (CT)

• Mid-October crypto hack roundup (BIS)

• ETH founder Vitalik sends 15M USDC to Gemini (CT)

• Immutable announces delay of 125M IMX (~ $64M) token rewards until July 2024 (CT)

• Ethereum Restaking could change the Ethereum chain (MCT)

• Vitalik speaks out about his mysterious transfers (U)

• Courtyard tokenizes pokemon cards on Polygon (X)

• SK Telecom releases wallet with CryptoQuant as partner (M)

• Forj is launching a new $APE accelerator (NFTN)

• Polygon introduces Protocol Council for Governance 2.0 (M)

• China Daily news platform to launch NFT + metaverse platform (NFTN)

• FTX meltdown revealed in trial already (NYT)

• Circle launches web3 development platform for web2 developers (CT)

• How does a spot BTC ETF effect the markets (CD)

• Why crypto gaming will be a winner (@LadyofCrypto1)

• Gemini’s lies implied potential FDIC backing (AX)

• Crypto hackers are smarter than us - by far (UCC)

• Applications for A16Z’s crypto startup school due today (@a16zcrypto)

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