This week in Web3 - 142nd Edition

Coinbase launches in Canada, Binance Connect shut, Prime trust files for bankruptcy, Zunami protocol rekt, Rocketswap exploited, fundraises, jobs and much more🤯

Community Pin, By Guild.xyz! 🎉

Major Highlights  🤯

• Cryptocurrency exchange Coinbase announces its official launch in Canada. Learn more

• Binance closes fiat-to-crypto platform, Binance Connect. Learn more

• Crypto custodian Prime Trust files for bankruptcy. Learn more

• Singapore completes establishment of regulatory framework for stablecoins. Learn more

• Ripple partners with Bank of New Zealand to create CBDC using XRP ledger crypto solution. Learn more

New Launches 🚀

• Polygon Labs partners with SK Telecom to develop SKT’s Web3 ecosystem. Learn more

• Helium mobile launches crypto wireless network for Miami. Learn more

• Binance announced that opBNB mainnet is set to launch in August. Learn more

• Arbitrum launches a new fraud proof protocol, BOLD. Learn more

• Zynga to launch Sugartown as its inaugural Web3 Game. Learn more

• Sei Network launches its mainnet beta Pacific-1. Learn more

Fundraises 💰

• BitGo raises $100 million Series-C funding. Learn more

• Zeta raises $27 million for interoperable L1 blockchain. Learn more

• Web3 virtual world and creator platform ZTX raises $13 million seed funding. Learn more

• Multichain protocol Linera raises $6 million in seed funding. Learn more

• Web3 ad firm HypeLab raises $4 million. Learn more

• Ellipsis Labs raises $3.3 million seed funding. Learn more

Rekt 🚨

• Zunami protocol incurs losses exceeding $2.1 million due to price manipulation hack. Learn more

• Base project RocketSwap exploited of $865K. Learn more

• SwirlLend protocol rug pulled $400K. Learn more

Read, Watch, Listen 🎙

• Making on-chain governance more effective and robust. Listen here

• Why peer-to-peer sports betting is the next big thing in Web3. Read here

• Messari State of market report Q2 2023. Read here

• Revealing secrets for crypto adoption. Watch here

• All about the Digital Dollar project. Read here

• What you need to know about securities laws, Ripple/XRP, & Prometheum. Watch here

Bounties 💸

• Kyber Network bug bounty: $1 million. Learn more

• Vyper bug bounty: $100K. Learn more

• Aleph Zero bug bounty: $50K. Learn more

• BankX bug bounty: $10K. Learn more

• YoCash bug bounty: $2000. Learn more

Jobs 👨‍💻

• DeFi Community manager at Shift markets. Apply here

• Blockchain infrastructure developer at BABB. Apply here

• Developer Relations at Chronical Labs. Apply here

• Engineering manager at Connext. Apply here