The Web3 Studios Newsletter

News and Trends - 6/24/24 (Weekend Edition)

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Web3 Studios, LLC
June 24, 2024

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Bitcoin Dips 3.5% as German Government Sells $325 Million BTC Over Two Days - Decrypt

Bitcoin dipped 3.5% on Friday morning, likely still experiencing volatility from the German government selling $195 million the day before.

decrypt.co/236448/bitcoin-dips-german-government-sells-325-million-btc

Turkish crypto exchange BtcTurk says it was attacked, some hot wallets compromised

Binance said it had frozen $5.3 million of the stolen funds.

www.dlnews.com/articles/people-culture/btcturk-says-it-was-hacked-and-some-hot-wallets-compromised

Bitcoin Will Soar Thanks to Failing Japanese Banks, Says Arthur Hayes - Decrypt

Freshly printed U.S. dollars will be needed, so lean into crypto and “buy the fucking dip,” he urges.

decrypt.co/236507/bitcoin-will-soar-thanks-to-failing-japanese-banks-says-arthur-hayes

Standard Chartered Is Creating a Bitcoin and Ethereum Trading Desk in London - Decrypt

British bank Standard Chartered is opening a spot Bitcoin and Ethereum trading desk, becoming one of the first in the world.

decrypt.co/236443/standard-chartered-bitcoin-ethereum-trading-desk

Solana ETF Proposal Aims to Be First in North America - Decrypt

After Bitcoin and Ethereum ETF approvals in the United States, a firm aims to launch Canada's first Solana ETF. Can the U.S. be far behind?

decrypt.co/236391/solana-etf-proposal-3iq-canada

Ethereum Preps for Primetime With TV Commercial Ahead of ETF Launch - Decrypt

Bitwise is again first to release an ETF ad—and they’re minting it as an NFT on Ethereum.

decrypt.co/236351/ethereum-tv-ad-etf-launch-bitwise

Experts scratch heads over CertiK’s $3m Kraken hack: ‘This is so stupid’

CertiK revealed that its employees were behind several test transactions that withdrew millions from Kraken.

www.dlnews.com/articles/defi/certik-returns-kraken-funds-after-sending-to-tornado-cash

macOS of blockchains? Solana captures 60% of new DEX volume in May

Pantera Capital reports Solana’s market share on DEXs rose from 0% in early 2021 to 24% in May 2024, thanks to a similar approach to Apple’s macOS.

cointelegraph.com/news/mac-os-blockchain-solana-captures-60-new-dex-volume-may

If Trump wins, he’d probably still have to live with Gensler for a while 

Trump insiders say he will dismantle the anti-crypto army within an hour of taking office, but the campaign has been quiet about how it plans to do so.

blockworks.co/news/trump-gary-gensler-sec-post-election-outlook

Consensys asks IRS to delay new crypto reporting rules

Consensys said the proposed tax form may "single-handedly destroy" self-custody wallet providers in the U.S.

www.theblock.co/post/301200/consensys-asks-irs-to-delay-new-crypto-reporting-rules

Pantera Capital is raising funds for second TON token investment

Pantera Capital is raising money to invest specifically in the Toncoin (TON) token, doubling down on its prior bet on the token.

www.theblock.co/post/301268/pantera-capital-ton-toncoin-token

Telegram Is Crypto’s Adoption Machine

Telegram is onboarding the masses and ushering in a new era for public blockchains, says David Zimmerman, a research analyst at K33 Research.

www.coindesk.com/opinion/2024/06/20/telegram-is-cryptos-adoption-machine

AI Can’t Write a Good Joke, Google Researchers Find - Decrypt

Working comedians used artificial intelligence to develop material, and found its attempt at humor to be “the most bland, boring thing.”

decrypt.co/236599/ai-comedy-humor-study-censorship

Apple’s Big AI Upgrades Won't Launch in the EU This Year: Reports - Decrypt

Apple's AI features are not coming to the European Union as the tech giant says it won't “compromise the integrity of our products.”

decrypt.co/236578/apple-ai-features-held-back-from-european-union

NBCUniversal Will Continue Building on Aptos via Long-Term Agreement - Decrypt

Following “Exorcist” and “Renfield” experiences on Aptos, NBCUniversal will keep collaborating with Aptos Labs for years to come.

decrypt.co/236289/nbcuniversal-aptos-long-term-agreement

Anime-themed Azuki eyes 'post-NFT world' with hire of former Hollywood exec

Brand's new chief operating officer will be tasked with helping Azuki grow its fanbase and revenue opportunities.

www.theblock.co/post/301121/anime-themed-azuki-eyes-post-nft-world-with-hire-of-former-hollywood-exec

Weekly Astrology

OKC by Young Barid

Stream and Save OKC - Distributed by DistroKid

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Okay, See! by little vibe

Stream and Save Okay, See! - Distributed by DistroKid

distrokid.com/hyperfollow/littlevibeandaxel/okay-see

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