This week in Web3 - 145th Edition
Lido to close doors for Solana? Genesis files lawsuit against DCG, Google permits NFT game ads, Coinbase’s new US platform, Stake rekt, fundraises, bounties, jobs and much more 🤯
Major Highlights 🤯
Gala Games co-founders accuse one another of misappropriation of funds totaling $130 million. Learn more
Oracle's multibillion-dollar tool, Chronicle, to expand beyond the MakerDAO ecosystem. Learn more
Circle collaborates with Legend Trading to expand the global reach of USDC. Learn more
Lido on Solana is alleged to close down due to financial difficulties. Learn more
Google to permit NFT games advertisements starting Sep 15th. Learn more
Genesis files a lawsuit against DCG and DCGI, seeking over $600 million in outstanding loan payments. Learn more
Akutars partners with Pixel Zoo Animation to expand the Akuverse. Learn more
Crypto casino Stake exploited of $41 million. Learn more
New Launches 🚀
PUBG developers introduced the Cosmos-based Settlus blockchain for USDC settlements. Learn more
MetaMask launches Bank and PayPal cash withdrawal features. Learn more
Coinbase to launch a new crypto lending service for US, SEC filing reveals the fundraise being already done for the project. Learn more
Unstoppable Domains introduces encrypted messaging using .eth domain. Learn more
Fundraises 💰
Story Protocol raises $54 million funding led by A16z. Learn more
Securitization platform GenTwo raises $15 million Series-A funding. Learn more
Socket raises $5 million strategic funding from Coinbase & Framework Ventures. Learn more
Fine art NFT platform TRLab raises $5 million seed funding. Learn more
Web3 gaming platform Gam3s.gg raises $2 million seed funding. Learn more
Self-custody wallet Onboard Digital raises $1.9 million funding for its product- Nestcoin. Learn more
Read & Watch 🎙
Greatest Bitcoin explanation of all time. Watch here
Why is USDT still not audited? Watch here
Vitalik Buterin co-authors a paper addressing blockchain privacy. Read here
Why Sequencers are misunderstood. Read here
Why does Ethereum need curation? Read here
Bounties 💸
Uniswap contracts bug bounty: $2.25 million. Learn more
Yamato Protocol bug bounty: $10K. Learn more
Swisstronik bug bounty: $2000. Learn more
Jobs 👨💻
Product Marketing Manager at Paradigm. Apply here
Senior DevOps Engineer at Haven1. Apply here
Marketing Manager at El-Hippo. Apply here
Business Development Manager (Web3 ecosystem) at Nillion. Apply here
Social Media and Content Management Associate at Injective Labs. Apply here