🚨 CZ Warns & Justin Sun Backs Off 😅

In today's edition: 🎙️ New episode on (re)staking, 🖼️ NFT Marketplace Blur's new product, 🤝 Poloniex millionaire settlement, and more!

May 02, 2023

On the Pod…

In this episode, Sreeram Kannan, founder of EigenLayer, and Konstantin Lomashuk, co-founder of Lido Finance, discuss the complex world of staking in Ethereum's post-Shanghai ecosystem. 

What’s Poppin’?

by Rami Al-Sabeq

NFT rich but ETH poor? A new protocol from Blur could be your answer.

by Samyuktha Sriram

The U.S. Treasury Department alleged that Poloniex allowed users from sanctioned countries to trade $15 million worth of digital assets.

by Samyuktha Sriram

Justin Sun said the TRON DAO had initiated a refund after some members inadvertently transferred funds to Binance’s Launchpool.

by Samyuktha Sriram

The project said the exploit did not affect liquidity providers and the DAO Treasury.

Daily Bits…✍️✍️✍️

  • A lawsuit filed in a California District Court accuses Coinbase of breaking Illinois' biometric privacy laws by implementing unlawful Know Your Customer procedures and data storage practices.

  • Crypto heavyweights Polygon Labs, a16z, AFME, and DPF respond to the UK's proposed regulatory framework, highlighting risk differences in DeFi, advocating for activity-based regulations, and seeking a global taxonomy of crypto assets.

  • Celsius is attempting to merge its UK and US entities amid court filings alleging the distinction between the two is a "sham," complicating recoveries for customers and Series B investors in the bankrupt crypto lender.

  • Ohio-based Gary James Harmon received a four-year prison sentence for stealing 712 Bitcoin from his brother, despite law enforcement's attempt to seize the assets.

  • Magic Eden plans to refocus on Solana after briefly losing its top position as a Solana NFT marketplace to competitor Tensor, following its expansion to other blockchains like Ethereum and Bitcoin.

  • Temasek, Singapore's state-owned investment fund, refuted reports of investing $10 million in algorithmic currency startup Array, despite previous claims suggesting otherwise.

Today in Crypto Adoption...

  • Sotheby's launched Sotheby's Metaverse, an on-chain secondary NFT marketplace, offering curated, peer-to-peer transactions on the Ethereum and Polygon networks.

The $$$ Corner…

  • FARE Protocol raised $6.2 million in a seed round led by Goat Capital and C Squared Ventures, ahead of its ecosystem and native token launch on Arbitrum.

  • MetaCRM, a blockchain-based customer relationship management solution, garnered $2.5 million in a seed funding round led by Cherubic Ventures and supported by Ondine Capital, Red Building Capital, and Tribe Accelerator.

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What Do You Meme?

Learn 🤓

A guide to Wrapped Bitcoin, a clever Bitcoin derivative that can be traded on Ethereum and integrated with smart contracts.

📈 Your Market Update 📉

  • BTC is down 2%, trading at $27,986

  • ETH is down 1.1%, trading at $1,828

  • BTC dominance: 44.81%

  • Crypto market cap: $1.21 trillion

*All data as of today, 6 am ET

Recommended Reads

Zuzalu on ZK fundamentals

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