This week in Web3 - 117th Edition
This week in Web3 - 117th Edition
Curation via XP, Coinbase L2, Polygon layoffs, Yuga logo trouble, Hong Kong Web3 budget, Synthetix V3, Alchemy & Google pay, Token gating in Spotify, Fundraises, REKT, Jobs and much more 🤯
New Update - Curation via XP 🎉
Major Highlights 🤯
Polygon laid Off 20% of staff amid restructuring. Learn more
Euro-backed stablecoin EUROC (paired against the euro and US dollar) went live on Coinbase on Feb. 22. Learn more
Yuga Labs accused of stealing the Kennel Club art from a kids’ how-to-draw book; logo to be changed soon. Learn more
Galaxy Digital closes $44M acquisition of self-custody platform GK8. Learn more
Hong Kong backs Web3 with $6.4M in its annual budget. Learn more
ConsenSys acquires HAL to augment Infura’s blockchain notification and automation capabilities. Learn more
New Launches 🚀
Coinbase Ventures into Layer 2 blockchain development to enhance transaction speed and cost-efficiency on Ethereum. Learn more
DeFi liquidity protocol Synthetix deploys V3 on Ethereum. Learn more
Ankr and Tencent Cloud join forces to create a readily available blockchain connection for companies and Web3 organizations. Learn more
MetaMask Bridges expands cross-chain compatibility with layer 2 networks. Learn more
Spotify partners with Overlord to test token-enabled music playlists. Learn more
Indian game streaming platform Loco to build Web3 product suite on Avalanche. Learn more
Alchemy Pay announced its support for Google Pay to enhance mobile wallet market share. Learn more
Fundraises 💰
Blockchain gaming platform Curio raises $2.9M in a seed round. Learn more
Renegade raises $3.4M seed round. Learn more
MPC wallet Intu announced a pre-seed round of $2M ahead of the beta launch at ETH Denver. Learn more
Chaos Labs gets $20M in a seed round, backed by Paypal Ventures. Learn more
Crypto payments platform TipLink raises $6M seed funding. Learn more
Worldwide Webb has raised $10 million in a Series-A round. Learn more
Income-backed lending protocol Huma Finance raised $8.3M in a seed round. Learn more
Cross-chain investment and savings app Affine raises $5.1M in a seed round. Learn more
Rekt 🚨
DEX Aggregator Dexible rekt on Ethereum and Arbitrum for $2M. Learn more
$1.86M stolen from Hope Finance, internal team member accused. Learn more
Forsage founders indicted in $340M DeFi crypto ponzi scheme. Learn more
Read, Watch, Listen 🎙
Passive Investing and ETFs in crypto with Vasily Nikonov. Watch here
Raoul Pal’s summarization of NFT thesis. Watch here
Why Founder Market Fit is more important than PMF. Read here
The Web3 wallet landscape. Read here
How is Polygon using ZK to scale ETH? Watch here
DeFi, Fantom, Regulations, and the Challenges of being a Crypto Celebrity with Andre Cronje. Listen here
Bounties 💸
Metronome bug bounty: $100K. Learn more
Level DEX bug bounty: $10K. Learn more
Contrax smart contract bug bounty: $1000. Learn more
Jobs 👨💻
Web3 Finance Manager at Serotonin. Apply here
Director of Business Development at CubRare. Apply here
Trader, Liquid strategies at Nascent. Apply here
Blockchain core developer at Clearmatics. Apply here