This week in Web3 - 182nd Edition

Phantom acquires Bitski, Grayscale CEO steps down, Metamask launches Bitcoin support, Gala games & Alex labs rekt, Fundraises, jobs and much more 🤯

100,000 votes on The Dapp List! 🤩

Major Highlights  🤯

• Phantom acquires a16z-backed platform, Bitski wallet. Learn more

• Yuga Labs halts CryptoPunks project after community backlash. Learn more

• Grayscale CEO Michael Sonnenshein steps down. Learn more

New Launches 🚀

• Uniswap Labs and Across Protocol introduce the ERC-7683 token standard to enhance cross-chain interoperability. Learn more

• Xapo launches Lightning Network deposits as adoption grows in key Latin markets. Learn more

• MetaMask launches support for Bitcoin's native blockchain network. Learn more

Fundraises 💰

• Farcaster raises $150 million from Paradigm network. Learn more

• Crypto native RWA chain Plume Network raises $10 million seed funding. Learn more

• Liquid restaking protocol KelpDAO raises $9 million seed funding. Learn more

• Decentralized derivatives platform ELFI raises $5 million strategic funding round. Learn more

Rekt 🚨

• Gala Games exploited for $240 million. Learn more

• Alex Labs rekt of $4.3 million due to compromised private key. Learn more

Read, Watch, Listen 🎙

• Comparing memecoins and governance tokens. Read here

• Importance of decentralized control over AI. Read here

• State of crypto- Spotlight on crypto policy by a16z. Read here

• Gasless blockchain and the future of crypto. Watch here

• If Ethereum and Solana had a baby. Listen here

Bounties 💸

• Infinex wallet bug bounty: $1 million. Learn more

• YieldNest protocol bug bounty: $200K. Learn more

Jobs 👨‍💻

• Senior full-stack engineer at Moonpay. Apply here

• Head of business development at Starkware. Apply here

• Staff designer (marketing) at Uniswap Labs. Apply here