This week in Web3 - 185th Edition

NovaTech sued for $1 billion fraud, Binance resumes Mastercard payments, Solana launches loyalty program, UwuLend & Loopring wallet rekt, fundraises, jobs and much more🤯

Axelar ecosystem is enabled on The Dapp List 🎉

Major Highlights  🤯

• Uniswap Labs acquires 'Crypto: The Game' ahead of its third season. Learn more

• New York Attorney General files a lawsuit against crypto trader NovaTech, alleging $1 billion in fraud. Learn more

• Binance resumes Mastercard payments for crypto after 10 months. Learn more

• Ripple partners with Meld Gold to integrate real-world assets on the XRPL blockchain. Learn more

New Launches 🚀

• Solana launches loyalty program, Bond. Learn more

• MetaMask introduces pooled Ethereum staking and excludes US and UK users. Learn more

• Bitdeer launches new energy-efficient Bitcoin mining chip. Learn more

• Telegram unveils new Ton-linked currency, Stars, for the crypto-backed ecosystem. Learn more

• Lido collaborates with Mellow Finance to launch restaking vaults for users. Learn more

Fundraises 💰

• zkEVM NexusLabs raises $25 million series-A funding. Learn more

• Token distribution protocol Layer3 raises $15 million series-A funding. Learn more

• Ava Protocol raises $10 million in seed funding. Learn more

• Multisig solution for Solana, Squads raises $10 million seed funding. Learn more

Rekt 🚨

• Lending protocol UwuLend hacked for $14.9 million due to oracle manipulation. Learn more

• Loopring's wallet was hacked for at least $5 million. Learn more

Read, Watch, Listen 🎙

• Pudgy Penguins: A blueprint for community-led brands. Read here

• LLMs and AI agents get on-chain. Listen here

• How inflation and rates impact crypto markets. Watch here

Bounties 💸

• Term Structure Labs bug bounty: $100K. Learn more

• Push Protocol bug bounty: $100K

• Integritee Network bug bounty: $10K. Learn more

Jobs 👨‍💻

• Full stack engineer at Moonpay. Apply here

• Product marketer at LightLink. Apply here

• Compliance officer at Bitso. Apply here