Top 3 Stories From Web3 This Week 12.08.2023

Here are three web3 stories you need to know from this week.

Bitcoin has surged to $44,000, marking a strong comeback from its previous lows, and Ethereum briefly surpassed $2,300. Retail investors are showing renewed interest in crypto, with Robinhood reporting a 75% increase in trading volumes compared to October. Story here.

Arbitrum DAO has approved a $23.5M “backfund” to support 26 projects that initially missed out on their grant funding from this leading Ethereum Layer-2 network. Top grants include Gains Network, Stargate Finance, Synapse, and Wormhole. Story here.

Gods Unchained, the web3 trading card game, has made its debut on Amazon Prime Gaming, granting access to its 200MM subscribers. Amazon users can enjoy the game and access exclusive expansions. This move follows the launch of Gods Unchained’s second season, introducing new features and improvements. Story here.

Special thanks to W3 Studio intern Yuna Lee for her work in preparing this week’s newsletter.

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