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Despite crypto ban, China’s tech talent rides the global web3 wave

Over the past few years, scores of Chinese web3 startups have moved their entities overseas in the wake of the country’s crypto crackdown, b

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(the last round was $4.8b) 😆

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Napster Outlines New Web3 Music Ecosystem

"We’re entering the streaming-plus era of music, which is one of the few scaled business sectors where adoption of blockchain tech actually

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Bank of America: 'Crypto Winter' Haven't Frozen Investor Interest

"Blockchain technology is the most significant evolution of software since the internet, the report said."

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Sam Bankman-Fried’s FTX Is Seeking a Path to Buy Robinhood

"Sam Bankman-Fried’s FTX crypto exchange is exploring whether it might be able to acquire Robinhood Markets Inc., according to people with k

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U.S. crypto firm Harmony hit by $100 million heist

"U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the lat

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Three Arrows Capital on Brink of Default, Owes Voyager Around $657M

Crypto hedge fund firm Three Arrows Capital must pay off its entire Voyager loan by June 27 or face default. Voyager stock has plummeted abo

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Fred Ehrsam: it takes decades to go from a new infrastructure breakthrough to mature mainstream apps
Fred Ehrsam: it takes decades to go from a new infrastructure breakthrough to mature mainstream apps

Coinbase's founder Fred Ehrsam: "One thing most people don't fully grasp: it takes years, often decades, to go from a new infrastructure-lev

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Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption

"Circle, a peer-to-peer financial services firm, has agreed to acquire Cybavo, a digital asset infrastructure platform. The deal will allow

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🚨 BREAKING: SEC has reportedly discovered that $80M of Terra/Luna funds every month were sent to different wallets for "operating expense".

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Salesforce launches NFT Cloud, an NFT minting and sales platform

"NFT Cloud does not support energy-wasting proof-of-work blockchains, resulting in 99% fewer emissions." So Ethereum not supported?

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Checkout​.com: Merchants can now accept payments in USDC

"Through its beta program with Fireblocks, Checkout.com settled over $300 million in USDC transactions."

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BAYC Discord Compromised, NFTs Totaling 200 ETH Stolen

"A malicious actor has made off with 200 ether ($359,000) worth of Bored Ape NFTs after the Discord server belonging to the project was comp

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Philippines’ First Blockchain Digital Peso Bond Offering Raises $209M

"The oversubscribed raise came in 11 times the size the bank had anticipated when it signaled its intention to raise at least 1 billion in d

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all this crypto cynicism won't age well :))

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New stablecoin backed by AriZona Iced Tea 😂

"In these times of uncertainty, all we can rely on is that we can purchase a can of AriZona Iced Tea for 99 cents, the same price that the r

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Ethereum Founder Buterin Blasts DeFi Model in Terra Critique

"Vitalik Buterin said there is no genuine investment that can get anywhere close to 20% returns per year" https://www.bloomberg.com/news/a

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There Was No Terra ‘Attack’

Conspiracy theories about Terra are my favorite ahahah attacked by... who? lol https://www.coindesk.com/layer2/2022/05/20/there-was-no-ter

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Crypto Could Be Contagious

"If you had asked a normal person in 2007: “How would it affect your life if it turns out that investors have mispriced the super-senior ris

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Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight

"Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities." Highlight, a no-code toolkit that lets anyon

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Stablecoin UST hits $0.70

https://www.bloomberg.com/news/articles/2022-05-10/crypto-s-audacious-algorithmic-stablecoin-experiment-crumbles

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A new Google Cloud team is building services for Web3 developers

It's happening... "Google is putting together a team to build backend services for blockchain developers. The company is hoping to make Goog

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Gucci to start accepting crypto payments in some US stores

"Customers in some stores in New York, Los Angeles, Miami, Atlanta and Las Vegas will be able to pay using digital tokens from the end of Ma

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Framework Ventures allocates half of $400M fund to Web3 gaming

Like DeFi in 2020, gaming is considered by many to be the next major growth play for the blockchain industry in 2022.

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A crypto entrepreneur bought an NFT of Jack Dorsey's first tweet for nearly $3 million and

tried to sell it for $48 million. The top bid is less than $7,000. A crypto entrepreneur is stuck with his $3 million NFT purchase of Jack

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Introducing Web3 Investment Clubs

"Friends, angel investors, and web3 communities can now create and run an investment club as a DAO as easily as starting a group chat."

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Mastercard files for more than a dozen metaverse and crypto trademarks
Mastercard files for more than a dozen metaverse and crypto trademarks

Mastercard has filed for 15 metaverse and crypto trademarks, on a 1b basis. The filings follow a larger trend among the financial services

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via @ikonoklast

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Web 3 Needs Africa, Not the Other Way Around

The continent has shown a willingness to embrace new financial services technologies, and crypto addresses a pressing need in every country.

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Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto

Ukraine has received $100 million in crypto donations during its war with Russia.

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Kevin O’Leary says he’s put 20% of his portfolio in crypto, including tokens and blockchain firms
Kevin O’Leary says he’s put 20% of his portfolio in crypto, including tokens and blockchain firms

• Kevin O’Leary told CNBC on Friday one-fifth of his investment holdings are tied up in crypto tokens and currencies and companies. •“I have

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Bain Capital Ventures Launches $560 Million Crypto Fund

The fund will invest in about 30 companies over several years Bain Capital Crypto has already invested about $100 million

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Biden to Sign Crypto Order as Firms Face Sanctions Pressure
Biden to Sign Crypto Order as Firms Face Sanctions Pressure

Governmentwide plan poised to be announced this week National security, regulation to be focus of executive order

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Former Coinbase exec launches new Web3 firm
Former Coinbase exec launches new Web3 firm

Spencer Yang, a former executive at US-based cryptocurrency exchange Coinbase, has announced that he has left the firm to launch a new Web3-

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Bitcoin sanctions could be next, but most Russians won’t care
Bitcoin sanctions could be next, but most Russians won’t care

Washington takes aim at Russia’s access to digital cash as the U.S. and its allies levy heavy punitive measures against Moscow. The concern

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Hack VC Debuts $200M Early-stage Fund Targeting Crypto, Web3 Startups
Hack VC Debuts $200M Early-stage Fund Targeting Crypto, Web3 Startups

Funding will go toward Web3 and blockchain startups in the belief these technologies will form the “second half of the internet,” Hack said

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by sartoshi_nft

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from @sartoshi_nft

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from @sartoshi_nft

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Great AMA on Hiring by Suhail Doshi
Great AMA on Hiring by Suhail Doshi

not directly related to web3 but great alpha here: https://twitter.com/Suhail/status/1494150182392385536

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