This week in Web3 - 150th Edition
Gitcoin’s $460K mistake, Yuga laying off, Platypus DeFi rekt again, JP Morgan’s own blockchain?, Fundraises, jobs and much more🤯
Major Highlights 🤯
Gitcoin Ecosystem faces a fund misdirection crisis, over half a million GTC irrecoverable. Learn more
Yuga Labs shifts focus, announces restructuring plan with job cutbacks. Learn more
Immutable collaborates with Amazon Web Services to streamline infrastructure for the crypto gaming industry. Learn more
Financial services startup HIFI acquired by Block. Learn more
New Launches 🚀
JPMorgan launches its own blockchain collateral settlement system. Learn more
Trezor launches new hardware wallets designed to resist corrosion. Learn more
Spark Protocol launches on Gnosis Chain. Learn more
XYO Network launches on Optimism mainnet. Learn more
Fundraises 💰
Crypto prime broker Membrane Labs raises $20 million seed funding. Learn more
Web3 creator platform Republik raises $6 million seed funding. Learn more
Web3 fantasy horse racing startup Game of Silks raises $5 million in seed round. Learn more
Crypto on-chain analytics platform Parsec raises $4 million extended seed funding. Learn more
Real-world asset perp DEX Ostium Labs raises $3.5 million seed funding. Learn more
Environmental asset exchange Neutral raises $3.2 million seed funding. Learn more
GameFi platform NexGami raises $2 million seed funding. Learn more
Rekt 🚨
Platypus DeFi exploited for the third time, losing $2.2 million. Learn more
BNB chain based FSL token rug pulled, $1.68 million rekt. Learn more
Black Hole token exploited for $1.28 million, suspected rug pull. Learn more
Astrology NFT project "Lucky Star Currency" rugged for over $1 Million. Learn more
Galxe Platform hit by DNS attack, suffers financial losses exceeding $150,000. Learn more
3commas experiences second security breach of the Year, over 100K accounts affected. Learn more
Read, Watch, Listen 🎙
Web3 fundraising in Q3 2023. Read here
The Intersection of the on-chain and physical world. Listen here
Exploring the design space for dynamic NFTs. Read here
The consumer crypto stack. Watch here
Ethereum Q4 2023 roadmap. Read here
Solving the discoverability dilemma through On-chain content. Learn more
Bounties 💸
Perennial protocol bug bounty: $500K. Learn more
ZeroLiquid bug bounty: $40K. Learn more
ThUSD bug bounty: $25K. Learn more
Jobs 👨💻
AI editor at Crypto Briefing. Apply here
Policy writer at Cooperative Kleros. Apply here
Chief product officer at P2P.org. Apply here
HR generalist at LightCurve. Apply here