This week in Web3 - 112th edition

Genesis files for bankruptcy, FUD against Optimism, Polygon hard fork, Sushiswap Revitalized, Osmosis Neon upgrade, Fundraises, Rekt, Bounties and more🤯

 Major Highlights  🤯

• FUD - Optimism being centralized. Know more

• Genesis Global Capital to File for Bankruptcy. Learn more

• National Australia Bank created a stablecoin called AUDN. Learn more

• Polygon completes Hard Fork to reduce Gas-Fee spikes. Learn more 

New Launches 🚀

• Beeple collaborates with Christie’s to launch Beeple Studios. Learn more

• SSV DAO starts a $50M fund to push Ethereum's decentralization plan. Learn more

• Cosmos DEX Osmosis to make cross-chain trades more efficient with the Neon upgrade. Learn more

• SushiSwap plans to launch a new DEX aggregator. Learn more

Genevieve Roch-Decter, CFA @GRDecter

Defense lawyer: Whatever you do, just lay low and stay quiet. The less the prosecution has to work with, the better SBF:

Fundraises 💰

• Obol Labs raises $12.5M Series-A round. Learn more

• Web3 infrastructure provider Parfin raises $15M seed funding. Learn more

• SYKY announced a $9.5 million Series A funding round. Learn more

• ZK tech developer Nil Foundation raises $22 million. Learn more

• ZK-proof startup Ulvetanna raises $15 million in seed funding. Learn more

• Multichain wallet Cypher raises $4.3 million seed round. Learn more

• GameFi platform Neopets Raise $4M. Learn more

• Web3 gaming platform Intella X raises $12M seed round. Learn more

Rekt 🚨

• Russian founder arrested in $700 million money laundering scheme. Learn more

• Poland’s UOKiK opens a case against crypto exchange Good Solution Investments. Learn more

Read & Watch 🎙

• How cross-chain messaging can blow open interoperability. Read here

• FTX’s Billions Detailed in Court Exhibit. Watch here

• What was Luna? Read here

• Circle, Uniswap Research Says DeFi Can Solve $2 Trillion FX Risk Problem. Read here

• Staking Exit Queues (Thread) - Wesite Capital. Read here

Bounties 💸

• Alongside big bounty: $50K. Learn more

• Tender.fi bug bounty: $4K. Learn more

• Tenderize bug bounty: $40K. Learn more

• Boba Network bug bounty: $1M. Learn more

• Unlockd big bounty: $20K. Learn more

• Mars Protocol bug bounty: $100K. Learn more 

Jobs 👨‍💻

• BD Manager (Web3) at Cere Network. Apply here

• Content marketer at Chorus One. Apply here

• CTO/ Founding member at Goshen Network. Apply here

• Technical project manager at Subspace Labs. Apply here

• Internship Program 2023 at Nethermind. Apply here

• Data Scientist at Defi Yield. Apply here

• Senior devOps engineer at UMA labs. Apply here

Support from the Community! 💜