This week in Web3 - 132nd Edition

SEC sues Coinbase, BitGo acquires Prime Trust, LV 'Treasure Trunk’ collection, Atomic wallet rekt, Fake uniswap debacle, fundraises, jobs and much more🤯

Major Highlights  🤯

• SEC sues Coinbase for operating as an unregistered exchange. Learn more

• US Senior House Republicans draft bill: the tokenizing shift from Security to Commodity status. Learn more

• Digital asset company BitGo acquires Prime Trust. Learn more

• Metamask Institutional partners with Fireblocks for wallet security and portfolio management. Learn more

New Launches 🚀

• Rocket Pool launches rETH on zkSync Era. Learn more

• Hubble exchange launches purpose-built app chain for perps on testnet. Learn more

• LayerZero protocol goes live on Arbitrum. Learn more

• AliExpress, Alibaba's e-commerce platform, is set to launch NFTs for international sales. Learn more

• Louis Vuitton unveils exclusive NFT collection 'Treasure Trunks”. Learn more

Fundraises 💰

• Zk rollup Taiko raises $22 million seed funding. Learn more

• Digital asset-denominated life insurance provider, Meanwhile, raises $19 million seed funding. Learn more

• Lens protocol raises $15 million in seed funding. Learn more

• Web3 gaming studio Argus Labs raises a $10 million seed round. Learn more

Rekt 🚨

• Atomic Wallet was hacked, and $35 million of user funds were compromised. Learn more

• Fraudsters create fake Uniswap and impersonate executives. Learn more

Read, Watch, Listen 🎙

• What are liquid staking tokens? Watch here

• Everything about the current state of Web3 markets. Watch here

• A peek into China’s stance on Web3. Read here

• Rollups and their misconceptions. Read here

• What is ERC -6551? Listen here

Bounties 💸

• Enosys bug bounty: $3000. Learn more

• Stack bug bounty: $2000. Learn more

Jobs 👨‍💻

• Site reliability engineer at Pop. Apply here

• Lead software engineer at Cere Network. Apply here

• Launch team lead at DXle. Apply here

• Web3 game researcher at PlayToEarn. Apply here