💰 Web3 accelerator GRAVITON announces the first batch of finalists, each project will receive $50,000 investment.
yourstory.com

💰 Blockworks completes $12M funding at $135M valuation.
axios.com

🥳 Xapo Bank (Gibraltar), will allow customers to deposit and withdraw Tether (#USDT).
coindesk.com

🔛 Cross-chain Prime Protocol launched crypto-lending services without the need to transfer tokens across bridges.
coindesk.com

📊 Report Kaiko:

- Binance Suspends Withdrawals Due to Rising #BTC Fees

- #SUI price drops after launch

- The effects of Terra's collapse are still being felt a year later

- US-based exchanges lag behind in volume growth

- Uniswap average deal size drops as memcoin mania spreads

📊 #ETH gas fees are down slightly, the #PEPE mania pushed them to a yearly high last week. If there is another wave of growth, perhaps a return to 2021 and swap fees of $200.

Meanwhile, the BRC-20 meme coins are just starting to circulate on the Bitcoin network.

💰 MetaZ NFT trading platform completes $1 million funding.
businesswire.com

🙋‍♂️ PayPal discloses about $1 billion of crypto assets on its balance sheet in its 10-Q filing with the SEC.
blockworks.com

🇿🇼🕹 The IMF warned Zimbabwe against the use of a digital asset and recommended that the authorities of the South African country instead use traditional measures to solve economic problems. bloomberg

👀 #ANT Cryptocurrency investment fund Arca calls on DAO creator Aragon to buy back its ANT token

🇺🇸🗣 FOMC Member Williams:
- We didn't say we were done raising rates
- I don't see any reason in my baseline for lowering interest rates this year
- does not expect inflation to return to the Fed's 2% target until the next two years
- if inflation does not come down, the Fed always has the option to raise rates
- Unemployment is likely to rise to 4-4.5% from the current 54-year low of 3.4%

🇺🇸🗣 The White house:
- Short-term increase in the debt ceiling not included in our plans
- allow a possible default on the federal debt

📊 #ETH Santiment on Ethereum:
- The recent move by the Ethereum Foundation seems to have spooked the market a bit as we observe the highest spikes in daily active deposits over the past year;
- but at the same time, MVRV 30D, which measures the short-term profit / loss of holders, is outside the danger zone and heading into the zone of opportunity, where historically we have seen the bottom of the price of ETH

⚖ #ANT Aragon accused Arca in a 51% attack on DAO and are repurposing DAO under a new grant program.

📈 #LTC Litecoin transactions hit an all-time high yesterday.
There were over 525,000 transactions yesterday, which is close to 575,000 daily BTC transactions. This is five times the average number of transactions on the Litecoin blockchain compared to the previous year and more than double the previous all-time high at the peak of the bull market in January 2018.

🇦🇪⛏ Abu Dhabi will launch the first large-scale mining center in the Middle East, developed by Marathon Digital and Zero Two. the block

⚠️🍿 Jane Street Group and Jump Crypto, leading market makers, are pulling out of digital asset trading in the US as regulators crack down on the industry.

🥳 #BTC Grayscale is moving towards expanding #ETF business. Announces new Grayscale Funds Trust and applies for three new ETFs (Grayscale Ethereum Futures ETF, Grayscale Global Bitcoin Composite and Grayscale Privacy ETF)

A registration statement has been filed with the SEC but is not yet effective.

🇺🇸🍿 After meeting with Biden, there is no "new movement" on the national debt ceiling - Speaker McCarthy

Biden was just sleeping

🕹🇺🇸 Biden wants to close tax loopholes for “wealthy crypto investors”

In a tweet criticizing Republicans for their budgetary priorities, Biden stated that if Congress gets rid of "tax loopholes that help wealthy crypto investors," it would net the government $18 billion.

Biden is trying to link Republicans to the digital asset industry as he rejects GOP-proposed federal budget cuts.