1/🧵 Busy day in crypto & Web3 today. Let's recap:
@21Shares listed its 1st physically-backed Bitcoin ETP on Nasdaq Dubai 🚀🚀🚀
Web3 data infrastructure provider @_n_x_y_z_ announced a
40M Series raise, in a round led by powerhouses like
Coin Center filed a lawsuit against the US Dept of Treasury for sanctioning @TornadoCash arguing that Treasury overstepped their authority.
@OffchainLabs - Arbitrum's parent Co - acquired Ethereum core dev team, Prismatic Labs.
Why's this potentially a big deal?
@prylabs runs Prysm, the Ethereum PoS client that spearheaded The Merge.
W2E platform @Stepnofficial announced a +100 employee layoff, blaming the current bear market as the cause.
Web3 NFT REKT
@DCGco took the fight to the SEC, let's gooooo....!!
The parent Co of @Grayscale filed a discrimination suit for Gensler's muppets refusing a spot ETF in the US, while allowing Bitcoin futures ETFs.
I'm sure I missed some things, but these are some of the main highlights of the day.
Comment to add any other news, & of you liked this, feel free to retweet from the top. 🙏🏾
Tune in tmrw for my next crypto/Web3 recap! This post is based on this twitter thread.