GM Seedphrasers 👋 Welcome back to the newsletter that spends 40 hours a week on crypto Twitter so you don’t have to!

📓 Today’s Agenda:

• 🗞️ A weekly round-up of Crypto, funding, and NFTs

🗞️ Crypto Headlines

YouTube’s new CEO believes blockchain and NFT technology can play a major role in enhancing viewership and participation. - Learn more

SEC interferes with Binance.US’ 1 Billion dollar deal to purchase assets of defunct crypto lender Voyager Digital has been opposed by New York and federal financial regulators. - Read more

Binance stable coin loses its peg and drops to 0.20 cents triggered by a single $647,000 market sell order, which prompted a cascade of slippage. Learn more

Coinbase is building its own Layer2 called Base, a new home for its on-chain products - Learn More

Hong Kong is bullish on Crypto, forming a task force of policymakers, regulators, and crypto industry players to set the agenda for its Web3 ambitions, according to a senior government minister. - Learn more

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💸 A Week of Funding

Affine Protocol raises 5.1m in seed funding led by Jump Crypto. Affine’s goal is to give users access to diversified yield across decentralized finance platforms. - Learn more

Here Not There raises 25m in a series A round led by a16z to build out Towns, a Web3 group chat protocol and app that lets online communities build blockchain-based gatherings in a decentralized manner - Read more

World Wide Web raises 10m in a Series A funding round from Pantera Capital. The funding will be used for scaling, integrating more NFTs into the current ecosystem they have, and business development across the board. (check out the floor price on the collection) - Learn more

Chaos Labs raises 20m in a seed funding round co-led by Galaxy Digital and PayPal Ventures. Chaos Labs focuses on building security products for DeFi protocols. - Learn More

👾 A week of NFTs

Spotify launched token-gated playlists, a new trial as part of its first steps into Web3. NFT projects Overlord by Creepz and Kingship were selected to join the pilot. - Learn more

Coinbase launches NFTs and collectors spend $280,000 in Ethereum fees to mint 28,000 Coinbase NFTs to celebrate the testnet launch of its Layer 2 network. - Learn more

Blur partners with Looksrare as the marketplace war for market share continues to heat up. - Latest Updates

Uniswap released a new feature that allows users to buy NFTs with $DOGE and $SHIB - Learn more

NFT collectors Mando and OSF, liquidate 71 Bored Apes on Blur for 5,545 ETH ($9.15M) in a single transaction that leads to no floor price change thanks to bids on Blur. - Check it out

Pudgy Penguins partners up with Retail Monster to help holders license and distribute Pudgy toys. - Learn more

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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