FFATH 🚀 Crypto Is The Solution To Bank Runs, Not The Cause

We are Far From All Time High

Your one-stop source for the most important crypto news of the week.

Click the green link to learn more about each headline.

Headlines

💣 Russia to use Chinese yuan instead of US dollars to settle foreign trade

🇸🇻 El Salvador president to eliminate all taxes on technology innovations

🇻🇪 Venezuela overhauls national crypto department

🇷🇺 Russian lawmakers approve first reading of draft laws establishing CBDC

👑 Brigitte Macron is pro crypto

🎮 Sony to introduce NFTs into PlayStation games

🍔 Burger King in Paris welcomes crypto payments

💌 Ryan Selkis’ letter to congressional leaders

⚖️ Coinbase explores overseas opportunities as US regulation strike

🚀 Fujitsu is actively exploring crypto services offering

🎵 John Lennon's son, Sean: "Only #Bitcoin can save us now"

👜 Gucci teams up with Bored Ape Yacht Club

💳 Visa working on smart wallet

💳 Mastercard to settle transactions for stablecoin wallet

👉 Polygon partners with Salesforce for NFT-based loyalty program

⚖️ Circle applies for French crypto license

⚖️ IRS considers taxing NFTs like physical art

---

Meme of the week

💗 If you have some good meme I will publish them, comment with a link to it

---

Crypto Drama

🤡 Justin Sun going for Credit Suisse?

🚓 Do Kwon arrested in Montenegro?

🦙 Are Llamas frenz again? $5b in volume since launch

Euler hacker returns 58,737 ether worth about $102 million

💸 FTX locks in $96 million deal to sell Mysten Labs shares and SUI Token warrants.

💰 FTX to Collect $404 Million in proposed deal with modulo

📉 FTX liquidators are ready to dump

⚖️ Do Kwon charged with fraud by US prosecutors in New York

🤡 Kyle Davies ex-3AC talks about his new crypto bankruptcy exchange

⚔️ Hacker vs. hacker: North Koreans attempt to phish Euler exploiter

🚓 OneCoin associate Irina Dilkinska charged following US extradition

💀 ‘Crypto King’ kidnapped, tortured, held for $3 million ransom

💩 French influencers may be banned from endorsing unlicensed crypto

⚖️ SEC warns Coinbase of enforcement over its staking rewards products

⚖️ SEC files lawsuit against Tron’s Justin Sun and celebrities over crypto securities offering

⚖️ FTX sues for control of Bahamas assets

💲 Binance swaps out BUSD in SAFU fund for TUSD & USDT

👉 Banking crisis: Hoskinson blames money printing, fractional reserve banking – not crypto

---

Insider News

💲Tether expects first-quarter profit of $700 million

👻 Aave V3 deployment on BNB Chain

🪂 Arbitrum Airdrop, next phase

💩 MakerDAO Votes to Retain USDC as Primary Reserve

👻 GHO Genesis parameters

👛 XDEFI is live on Axelaar

🎉 Bubblemaps won the Paris Blockchain Week start-up competition

👉 zkSync mainnet is now open to all

🎮 Polygon, Immutable partner for new zkEVM Ethereum gaming network

🦊 MetaMask institutional to add staking marketplace

👉 GMX proposes deployment on Coinbase's Base blockchain

🦄 Uniswap launched his “mini portfolio”

🖼️ LooksRare aggregator is live

🎮 Magic Eden Games, the home for web3 games

🔺Avalanche C, X-chains experience brief outage due to network bug

👉 Coinbase moves to on-chain staking for Tezos, Cosmos, Solana, and Cardano

👉 Ripple partners with blockchain Founders Fund to accelerate Web3 Adoption

👉 The Graph integrates on-ramp to enable direct fiat payments

👉 Radix reaches $400 million valuation in new token round

🦊MetaMask is now compatible with EIP-4361

---

Reads

📚 BitGo Wallet Zero Proof Vulnerability: Technical Report

📚 Polygon zkEVM: Results of Hexens' Security Audit

📚 A comparison between DA layers

📚 Crypto is the Solution to bank runs, not the cause

---

Friends of FFATH 🍷

GMX - WBC - Nested

Bonus:

🪂 All Airdrop Rumors

—

Not signed up to the newsletter yet?