This week in Web3 - 151st Edition

Would lido exit Polygon next? Reddit bid adieus ‘community points’, Scroll goes live, Fantom Wallets hacked, jobs, bounties and much more 🤯

Scroll Ecosystem Enabled 🎉

Major Highlights 🤯

• Reddit announces phasing out of blockchain-based rewards service 'Community Points'. Learn more

• AMC to accept crypto payments for the Taylor Swift movie via Bitpay. Learn more

• The Australian government proposes to regulate crypto exchanges. Learn more

• Stars Arena relaunches trading after completing audit after previous hack. Learn more

• Lido community debates the sunset of Polygon operations. Learn more

• New York Attorney General files a “sweeping lawsuit” against Gemini, Genesis and Digital Currency Group (DCG). Learn more

New Launches 🚀

• zkEVM Scroll goes live on mainnet. Learn more

• LayerZero Labs launches a gas abstraction tool facilitating cross-chain NFT swaps. Learn more

• Uniswap introduces 0.15% swap fees on transactions. Learn more

• Coinbase launches perpetual futures for Non US geographies. Learn more

Fundraises 💰

• SynFutures Protocol raises $22 million series-B funding. Learn more

• Elixir Protocol raises $7.5 million series A funding at $100 million valuation. Learn more

• Solana multisig protocol Squads raises $5.7 million funding. Learn more

• On-chain collaboration protocol Fileverse raises $1.5 million seed funding. Learn more

Rekt 🚨

• A number of Fantom Foundation wallets hacked, over $7 million drained. Learn more

Read, Watch, Listen 🎙

• What is permissionless consensus? Watch here

• The techno-optimist manifesto. Read here

• The rise, risk and rewards of NFTs in the music industry. Read here

• Why specialized data infrastructure is needed for blockchains. Listen here

• App-chains in DeFi. Read here

• The controversy behind KYC hooks for Uniswap V4. Learn more

Bounties 💸

• Scroll bug bounty: $1 million. Learn more

• Aave bug bounty: $1 million. Learn more

• Perennial bug bounty: $500K. Learn more

Jobs 👨‍💻

• Marketing and growth lead at Giveth. Apply here

• Strategy manager at Trilltech. Apply here

• Compliance manager at Matrixport. Apply here