This week in Web3 - 147th Edition
SBF’s parents sued, Fuji finance shuts down, USDC on Polkadot, OneCoin founder jailed, Fundraises, jobs and much more🤯
Major Highlights 🤯
Open Eden Labs partners with Zodia Custody to bring treasure yields on-chain. Learn more
OneCoin co-founder Karl Greenwood sentenced to 20 years in prison. Learn more
LayerZero partners with Google as its oracle provider. Learn more
Canto to become an Ethereum L2 built on Polygon's CDK. Learn more
Fuji Finance to shut down its operations, users can withdraw till 31st Dec. Learn more
FTX sues Sam Bankman Fried’s parents for misappropriation of funds. Learn more
New Launches 🚀
Circle launches its native USDC on the Polkadot ecosystem. Learn more
Walmart and POCLab launch 'The Cultureverse to pay tribute to 50 Years of Hip-Hop. Learn more
Grab launches a Web3 wallet by integrating with Polygon for digital payment vouchers and collectibles. Learn more
Fundraises 💰
On-chain gaming studio ‘Proof of Play’ raises $33 million seed funding. Learn more
Full-stack blockchain infra protocol Fuze finance raises $14 million seed funding. Learn more
Intent-based infra and tooling platform Essential raises $5.15 million seed funding. Learn more
Decentralized information market protocol Freatic raises $3.6 million seed funding, Learn more
Bubblemaps raises $3.2 million seed funding led by INCE capital. Learn more
OnlyDust raises $3 million seed funding led by Fabric Ventures. Learn more
Web3 social platform Orb raises $2.3 million seed funding. Learn more
Rekt 🚨
Remitano exchange rekt of $2.7 million, North Korean group Lazarus responsible. Learn more
Billionaire Mark Cuban loses $870K in crypto scam. Learn more
DeFi protocol Balancer’s front-end under attack, $238K rekt. Learn more
Read, Watch, Listen 🎙
The evolving landscape of the NFT market. Read here
The future of crypto in central and southern Asia. Read here
Why Metamask Snaps is a big deal. Watch here
CFTC vs crypto. Watch here
Why are forks a feature and not a bug? Read here
The untold truths of crypto’s biggest lies. Watch here
How mainstream brands are joining Web3 in the bear market. Listen here
How can Machiavellian DAOs foster true decentralization in web3. Read here
Bounties 💸
Nayms platform bug bounty: $100K. Learn more
Palmswap bug bounty: $50K. Learn more
Jobs 👨💻
Senior smart contract developer at Aragon. Apply here
Principal engineer at Chainlink Labs. Apply here
Chief executive officer at Telos Foundation. Apply here