This Week in Crypto, Web3 and More

1/ Hey Fluid Fam! 👋

Let’s have a look at the most critical events in Crypto, Web3 and NFTs from last week. 👀

A 🧵

There are no signs of recovery for the crypto market as both BTC & ETH are sitting below major support levels at 17,000 and 1,250 respectively.

2/ 💰Coinbase pushes USDC use: The crypto exchange giant is looking to expand the usage of its USDC stablecoin.

3/ 💸 US Treasury & OCC tackle crypto problem by asking financial institutions to tread carefully when dealing with crypto and related firms.

US Treasury’s OCC Says Crypto’s ‘Interconnectedness’ Is a Problem

4/ ⚖️ Lawsuit alleges Yuga Labs conspired with celebs: A lawsuit has been filed against Yuga Labs alleging it conspired with Justin Bieber and Bored Ape to promote their NFTs.

5/ 🔨 Staked ETH should be available for withdrawal in March 2023 following the network’s “Shanghai” upgrade.

Ethereum Devs Plan to Enable Staked ETH Withdrawals by March 2023 - Decrypt

6/ 🤝 @TheBlock__ CEO resigns after ties with @FTX_Official come to light: Mike Dudas, CEO of The Block cryptocurrency media firm has resigned after his ties with FTX surfaced.

The Block CEO Resigns After Ties With FTX Come To Light

7/ That’s a wrap for this week!

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This post is based on this twitter thread.