If you haven’t already read Reminiscences of a Stock Operator, then I highly recommend it. All this hullabaloo with the SEC has me thinking about regulation. That book does a great job of describing the shadiness and dark underbelly of financial markets.
It really used to be the wild west out there with exchanges, brokers and intermediaries doing the most unscrupulous shit to make money at the expense of their customers. Understanding history and context is vital to understanding why things are the way they are now. I don’t particularly care for regulation but it’s important to remember what it was like without any. Anyhoo. Hope you’re all well.
- Time moves differently in crypto. Crypto is an intricate game filled with various players operating across multiple time frames and with varying agendas. Day in, day out, the pieces are moving all across the board. Sometimes for the better and sometimes for the worse. The following is a look at the crypto landscape during the past week covering various sectors. Use these events like clues - let it tell you the larger overarching story of crypto -
Data tldr:
Crypto Market Cap: $1.01T - down vs last week’s $1.07T
Stablecoin Exchange Reserves: $26.193B - down from last week’s $27.423B
Stablecoin Total Market Cap: $132.5B down from last week’s $135.21B
DeFi TVL: $47.07B - down from last week’s $49.14B
Exchange Volume: $293.85B so far for the month of February vs $797.23B total in January
Dex Volume: $21.2B so far for the month of February vs $59.77B total in January
Ethereum NFT Volume: $1.24B so far for the month of February vs $796.11M total in January
Bitcoin:
I think most people would’ve preferred if we kept moving upwards but instead we’re curling back down. Healthy pullback or is it ogre? On the macro side - we’ve got the Fed vs the market and the time is coming very soon where we’ll see who wins this game of chicken.
I’m not the biggest proponent when it comes to TA - I think it should be used cautiously but it’s still interesting to pay attention to. TA nerdz are out there pointing out this potential death cross on the weekly chart where the 50 MA moves under the 200 MA. For now, price wasn’t able to move above these little meme lines.
Ethereum:
Et hirium on the other hand is above its 200 week MA but still in this make it or break it zone. Should be fun!
Crypto Market Cap:
$1.01T - down vs last week’s $1.07T. With all the SEC FUD going around, it sure would be disappointing if we lost the $1T level we just recently reclaimed.
Gainers:
Stablecoin Exchange Reserves:
$26.193B - down from last week’s $27.423B - Stables keep being moved off exchanges. Not what we want to see.
Total Stablecoin Supply:
$132.5B down from last week’s $135.21B. - merp
DeFi TVL:
$47.07B - down from last week’s $49.14B - Everything is just kinda slipping this week.
Exchange Volume:
$293.85B so far for the month of February vs $797.23B total in January
Dex Volume:
$21.2B so far for the month of February vs $59.77B total in January
NFT Volume:
Oh hello! $1.24B so far for the month of February vs $796.11M total in January. Highest we’ve seen since May. There is life out there. NFT degens are at it. Btw, are you keeping up to date with Bitcoin Ordinals NFTs?
I had a suspicion that something was amiss with Solana’s NFT volume. It seemed questionable over the past couple of weeks and now it has been fixed apparently. That huge spike in volume we were seeing is gone. However, we can still see that Solana’s NFT volume has been increasing steadily. Solana’s NFT community is pretty strong.
Revenue:
Organizing by projects who are the most egregious with doling out token incentives. My eye is drawn to Optimism who just had airdrop number 2. $30.3M in emissions over the past 30 days. This coin had been doing pretty strong recently but fell off hard with that airdrop.
Treasuries:
Decided to look at which treasuries have had it roughest over the past 3 months and we can see Art Gobblers out on top. Remember the gobblers? Backed by big name Paradigm. Funny!
Active Developers:
Looking at the top 5 by active developers: Ethereum, Kusama, Polkadot, Cardano, Cosmos Hub. Is that the list you thought it would be? Things have been fairly quiet on the Polkadot and Cardano front and most of CT treats them as a joke.
Highlights:
Monday:
A16z votes 15M UNI tokens against proposal to deploy latest Uniswap iteration on BNB Chain via Wormhole Bridge. Supports LayerZero. Vote tally
Google Cloud reportedly invested $300M into AI startup firm Anthropic, which also received over $500M in funds from SBF
Binance Tax launched to prepare crypto users for the tax season - currently in a pilot phase in France and Canada
Visa’s crypto strategy targets stablecoin settlements
StarkWare plans to open-source the StarkNet Prover to make the technology publicly available and increase the transparency of its code
Lightning Network, a Layer 2 payment network built on top of the Bitcoin blockchain, reached an all-time high in terms of capacity, or the amount of BTC locked in payment channels
Justin Sun backs FTX Debt token ‘FUD’ in possible securities law breach
StarkWare is joining the Chainlink SCALE program, making Chainlink price feeds available on the StarkNet testnet
Options automated market maker Lyra deploys to Arbitrum Network and integrates with GMX perpetuals
Trader Joe Integrates LayerZero: JOE evolves into an Omnichain Token
Uniswap community voted in favor of deploying Uniswap v3 on Boba Network's layer-2 protocol on Ethereum
zkSync 2.0 testnet, the system will undergo a regenesis to prepare for Fair Onboarding Alpha
Dopex launches on Polygon
Radiant v2 is going live around February 16
Aleph Zero wins Polkadot parachain auction #38 and Wormhole bridge is live on Acala
X2Y2 halving reduces staking rewards by ⅔
Tuesday:
Genesis, Gemini and DCG reach agreement in bankruptcy court. DCG sells $22M worth of Grayscale shares to raise funds. Bitvavo expected to receive at least 80% of DCG's debt
The crypto community is stepping up to help victims of the deadly earthquake in Turkey by opening a multisig wallet on BNB Chain. Binance to airdrop $100 USD to affected users
Ethereum Zhejiang testnet successfully processes first-ever ETH staking withdrawals
Uniswap founder denies wronging Balance.io co-founder saying he was offered Uniswap investor ownership and later a cash repayment, refusing both offers
Crypto firms banned from Super Bowl television ads this year
DEX aggregator CoW Swap exploited for 551 BNB worth approximately $180,000
Lido Finance is rolling out several key new upgrades in its latest V2 update. Rewards from staking ETH on Lido will now be distributed by Aave on Ethereum, Arbitrum, and Optimism
Stargate vote successful to re-issue a new STG and airdrop it to all STG holders
Technology giant Dell will join Google, FIS and Abrdn on the governing council of the enterprise network Hedera
Yuga Labs reaches settlement in Bored Ape NFTs trademark lawsuit with Ryder Ripps Collaborator
ENS DAO voted to sell 10,000 ETH ($16.5M) from the DAO’s treasury to fund the project’s activities for the next 18 to 24 months
Acala EVM+ now live on mainnet, bringing full evm+substrate compatibility to Polkadot’s DeFi appchain
The UK's central bank, the Bank of England, has unveiled the model for a digital pound
File hosting giant WeTransfer and blockchain platform Minima introducing an NFT minting service in March
Crypto.com partnered with Korean drama distributor Studio Dragon to issue NFTs inspired by popular Korean drama series
The co-founder of Web3 metaverse game engine “Webaverse” revealed they were victims of a $4M hack after meeting with scammers posing as investors in a hotel lobby in Rome
Wednesday:
Institutional traders are prioritizing bitcoin over ETH exposure so far in 2023
Microsoft integrates ChatGPT into Bing search engine
Saudi Arabia and The Sandbox agree to collaborate on metaverse projects without revealing details
New laws in Dubai prohibit the issuance of and all activities related to anonymity-enhancing privacy coins such as Zcash (ZEC) and monero (XMR)
Blur anticipated token launch next week
Chiliz marks fifth anniversary by announcing validation of genesis block of the new Layer-1 Chiliz Blockchain
Algorand Foundation announces broad-reaching partnerships in India to grow Web3
BAYC cracks down on Dookey Dash cheaters as finale approaches
Bitcoin average block size reached a new all-time high of 2.25 megabytes
Thursday:
Kraken is under investigation by the U.S. SEC for possible sale of unregistered securities to U.S. investors
Aave's GHO stablecoin goes live on Ethereum's Goerli testnet
Bitcoin Punks are the first byte-perfect uploads of the original Ethereum CryptoPunks onto the Bitcoin Blockchain using Ordinals
Startup Anima plans to add OpenAI's chatbot technology to its AR-powered virtual pets called Onlybots
Web3 payments firm MoonPay partnering with NFT marketplace LooksRare
MakerDAO community proposed creating a liquidity market called Spark Protocol, which is a fork of Aave's v3, for lending and borrowing crypto assets focused on DAI
Flux Finance launches lending token collateralized by U.S. Treasury debt
BAYC freezes Dookey Dash leaderboard with nearly $73M in trading volume and plans to award gamers based on how high they scored
MakerDAO integrates Chainlink oracle to help maintain DAI stability
The Tron blockchain committed over $100M to grants from the Tron Artificial Intelligence Development Fund
Umami Finance CEO dumps all tokens after week-long drama
Friday:
Su Zhu, a co-founder of 3AC announced a waitlist for new marketplace OPNX for trading claims and derivatives related to funds stuck on failed exchanges. The platform will use the FLEX token
Kraken agreed to settle with the SEC for failing to register the offer and sale of its “crypto asset staking-as-a-service program”, will pay a $30M fine and end on-chain staking services for U.S. clients
The IRS filed a court document seeking permission to enforce a summons for information against Kraken and its subsidiaries to identify customers
Bankrupt crypto broker Voyager Digital submitted a plan for customers to recover their assets through Binance US
Optimism OP Airdrop #2 - 11.7M OP distributed to over 300k unique addresses
Uniswap DAO concluded the final vote to deploy Uniswap v3 on the BNB Chain
Worldcoin, the eyeball-scanning crypto startup founded by OpenAI CEO Sam Altman, is on the hunt for a lead investor for its latest round of financing
Over 11.7M OP tokens were distributed directly via an airdrop to eligible wallets following a snapshot taken on Jan. 20
Arbitrum-based DeFi protocol Radiant will soon release its v2
SushiSwap acquires Cosmos-based trading platform Vortex Protocol
Bancor and Immutable are among the users of Addressable, a web3-focused marketing startup tool that matches millions of crypto wallet holders to social media profiles
Microsoft ends team it formed four months ago to help customers use the metaverse in industrial settings
Mysten Labs, the development team of the Move language project Sui, partnering with China's largest game company Tencent's cloud service
Crypto News:
Monday:
Twitter will now begin sharing an undisclosed amount of its ad revenue with content creators. Has future crypto plans
Protocol Labs, the company behind decentralized file storage network Filecoin, is cutting 21% of its workforce to lower costs amid a challenging environment
Co-founder and CEO of BitMEX, Arthur Hayes, currently owns the largest GMX holdings ~ 200,580 tokens
Several potential buyers have signaled interest in troubled crypto lender Hodlnaut, including its claims in FTX’s bankruptcy
Dingo crypto token flagged as scam with 99% transaction fee backdoor code
Tuesday:
Google has officially released its ChatGPT competitor, called Bard, to early testers with plans for a launch in the coming weeks
Digital banking service Revolut is starting to offer crypto staking to customers in the U.K. and European Economic Area
Bond token issued last week by DebtDAO on behalf of FTX creditors had an initial supply and circulation of 20M FUD tokens, representing 2% of FTX's debt
Bitcoin mining company Layer1 Technologies has been hit with a lawsuit by its own CEO John Harney and investment firm, DGF Investments
In 2023, the BIS Innovation Hub will increase its focus on improving payments systems and experimenting with Central Bank Digital Currencies
Wednesday:
Bitcoin close to recording an ominous first in its 14-year history: a “death cross” on the weekly price chart
Revolut launches crypto staking for Ethereum, Cardano, Polkadot, and Tezos
Coin Cloud, which operates more than 4,000 bitcoin ATMs across the U.S. and Brazil, has filed for bankruptcy with estimated liabilities of between $100M and $500M
CoinGecko and 21Shares propose global crypto classification standard
Once known as a manufacturer of hardy mobile phones, Nokia has been working on developing industrial use cases for the metaverse
Thursday:
Crypto investment firm Paradigm named general partners for the first time with the promotion of Charlie Noyes and Dan Robinson
Tether reports $700M Q4 net profit in latest attestation report
Brave mobile browser adds support for Solana on iOS and Android
MetaMask integrated with Onramp.money, an Indian provider of crypto-to-fiat on-ramp services
Peer-to-peer bitcoin trading service LocalBitcoins is closing down after a decade in operation. Customers will have 12 months to withdraw their funds
Payment network Affirm (AFRM) is shutting down the cryptocurrency service it started in 2021
Friday:
PayPal held a total of $604M of BTC, ETH, LTC and BCH for its customers as of Dec. 31
Mastercard launches Bitcoin and crypto rewards card in Spain
China to launch national blockchain research center
Exchanges:
Monday:
Binance will implement Ray Dalio’s Dot system
FTX wants politicians and PACs to return donations and may sue to recover funds
Crypto exchange Binance is temporarily suspending U.S. dollar bank transfers
Tuesday:
Coinbase will add support for Axelar (AXL) on the Axelar network
Kucoin lists Blur, Highstreet, Kingdomverse
Binance Futures will resume trading on the USDT-Margined MINA Perpetual Contract
Wednesday:
Binance and WazirX’s operator Zanmai Labs have been engaged in a public spat over who owns the exchange since last year
Binance will remove and cease trading on BOND/ETH, BSW/ETH, C98/BNB, C98/BRL, ERN/BNB, ENJ/GBP, KEY/USDT, TRU/RUB, ASR/BTC, JUV/BTC, SXP/EUR
Bitstamp registers in France
Thursday:
Robinhood’s crypto transaction revenue decreased 24% to $39M compared with the estimate for $51M
Coinbase will add support for Voxies (VOXEL) on the Polygon network
Friday:
Binance deploys zk-SNARKs on proof-of-reserves system
Bitzlato Co-Founder released after arrest in Moscow and plans to relaunch the seized exchange
Binance will adjust the TRON (TRX) network withdrawal fees
Project Updates:
Monday:
An early draft of MakerDAO's proposed governance constitution would allocate 20,000 MKR tokens (~$14M) to its Scientific Sustainability Fund for sustainability campaigns through 2040
WOO Network unveiled its Merkle tree-based proof of reserves and liabilities in addition to its live self-reporting dashboard
DeFi lender Alchemix approves ALCX token buyback plan
TON launches "The Open Challenge" - a reward program for projects on TON that aims to increase TVL in the ecosystem
BNB Chain Builder Grants awards highlights
Decentralized lending protocol Centrifuge accrues $6M unpaid debt
Overstock-owned trading platform tZero will sunset its tZero Crypto app due to regulatory challenges
Introducing Qilin QIQ Public Testnet - Perps on BSC, upgraded
Braavos wallet account contracts are now open source
Tuesday:
Ribbon Finance launches their UNI Theta Vault strategies
Chainlink’s Proof of Reserve feature is now available on Aave lending platform on the Avalanche blockchain
Metis launches its DAOtribution Grants Campaign on KORIS
Homebase investment platform live in Beta - the world's first platform tokenizing real estate on Solana
DAM is live on Mainnet Ethereum and Moonbeam Network on Polkadot with $d2o
Multix: a simple interface to manage complex multisigs on Polkadot
Announcing the first Flow Hackathon – a global competition from 2/21–2/26
Vest Exchange Private Testnet
Elixir’s v1.0 public testnet is live
Wednesday:
Render Network vote passed a new tokenomics model
Announcing Stylus, next-gen programming environment upgrade for Arbitrum One and Arbitrum Nova
Mars Protocol will deploy its Red Bank Outpost on Osmosis
Cardano EVM sidechain proof of concept public testnet is now available
Floki will release a Chinese version of Valhalla, a testnet metaverse game that utilizes FLOKI tokens, in the coming months alongside running a three-month airdrop campaign for users of Btok, a Chinese social media platform
Cardano DEX SundaeSwap has floated its first on-chain governance proposal to determine the terms, conditions and parameters of future proposals
New York University to launch Web3 learning workshop in partnership with Near Protocol
Introducing InfinityPools - 0 liquidation risks to mitigate and can offer unlimited leverage on any asset
Airdrop to OSMO holders & Prism’s Osmosis validator
Gifto token surges over 300% following rebrand, token swap
Silo Finance launched on Arbitrum
Bluefin (formerly Firefly) live on Arbitrum
Neutron launching Baryon Testnet
Mellow Protocol is now live on Polygon
DeSo launches MegaSwap
Chorus One releasing prototype to capture MEV on Solana
Thursday:
Verasity completes its first VRA buy-back and burn from circulating supply, burning over $500,000 in VRA
The regenesis of zkSync 2.0 testnet is now complete
Cardano upgrade aims to improve cross-chain features
AltLayer opens up testing of disposable rollup solution to 100 developers
Motherboard now supports Arbitrum
Friday:
Secret Network votes unanimously to turn Foundation into non-profit
Vela Exchange open beta live on Arbitrum
Phantom wallet adds authentication standards support to protect against phishing
1inch partners with Burrito Wallet, a newly launched Web3 wallet by Bithumb,
Instadapp introducing Lite v2
LlamaSwap live on canto
Gamma launching no-code ordinal inscriptions to anyone with a BTC address
P2P Twitter transactions live on Martian. You can send coins to users on Aptos through Twitter
Dforce's wstETH/ETH Curve gauge vaults on Arbitrum & Optimism exploited for $3.65M
Meteora platform is now live, and MET snapshot has been taken
VMEX Beta is now live on Goerli Testnet
Nexon public testnet live on zksync
NFTs/Gaming/Metaverse:
Monday:
Japanese artist Takashi Murakami partnered with Swiss luxury watchmaker Hublot to release a new collection of real-world watches linked to NFTs
NFT and gaming company Limit Break spent $6.5M to advertise “free-to-own” digital collectibles during this year’s Super Bowl
Bitcoin NFT mints and transaction fees are rising
Louis Vuitton partners with the 93-year-old Japanese contemporary artist Yayoi Kusama to launch 10,000 NFTs
Web3 esports organizer W3E announces a new series of Web3 Esport tournaments
Tuesday:
OpenSea launches Private Beta Program that allows users to participate in pressure testing and shaping the user experience of new features
False rumor - Louis Vuitton confirmed that they are not doing a drop in connection with Yayoi Kusama
Cross-chain DeFi provider Cryptex Finance will launch its JPEGz token, an index token based on the market capitalization of some of the hottest NFT collections
Rune Seeker, the next-gen strategy card game, plans to launch on Avalanche
Kanpai Pandas has hired UFC fighter Jon Jones to be its brand ambassador and help promote the NFT collections' new clothing line
Wednesday:
OpenSea is now an aggregator to the Seaport ecosystem
CryptoPunk and Bored Ape sell for over $1M each
Hermès wins trademark lawsuit against Metabirkins NFTs, setting powerful precedent for NFT creators
Hip-hop music label Def Jam Recordings collaborating with Solana-based project Catalina Whale Mixer to create a virtual band
Reddit adds 4M newly minted Polygon-based NFTs in two months
Open Edition NFTs are reenergizing the market
Halting new development of EtherOrcs game
Los Angeles-based sneaker designer and collector Sean Wotherspoon released his first collection of digital wearables through his new virtual goods community MNTGE
Thursday:
Bitcoin Ordinals NFTs attracting developers interested in building an ecosystem for the meme-themed art – including Twetch, a P2E social network built on the rival Bitcoin SV blockchain
Web3 gaming studio Mythical Games is rolling out new NFT player packs in its NFL Rivals game ahead of Sunday’s Super Bowl LVII
Friday:
Rihanna producer sells royalties to ‘Bitch Better Have My Money’ as NFTs. Each of the 300 Ethereum NFTs gives a holder 0.0033% of the song’s streaming royalties
Paris Hilton to launch metaverse dating experience ‘Parisland’ in The Sandbox
OnChain Monkey NFTs double in price after creators put them on Bitcoin
Economic/Government/Regulatory:
Monday:
FBI seizes $100K in NFTs from scammer Horror (HZ) following ZachXBT investigation
Multiple Chinese cities launched initiatives to give away digital yuan (e-CNY) worth over $26.6M to drive consumption during the Spring Festival
South Korea’s Financial Services Commission (FSC) issued guidance on the regulation of security tokens and their issuance
Firms marketing crypto in any form will need to be regulated by the UK’s Financial Conduct Authority or face legal liability
Tuesday:
Lawyers representing a former Coinbase manager and his brother moved to dismiss the SEC’s insider trading case against them arguing that the nine tokens at issue are not securities, in part because they were sold on the secondary market
Dubai mandates licensing for crypto companies as it sets out regulatory requirements
Wednesday:
Kyle Davies refused to comply with a court subpoena for the books and records of 3AC
The SEC’s Division of Examinations named crypto-assets and other emerging technologies as a top priority for this year
The file format of bitcoin can’t be protected by copyright, a U.K. judge ruled against self-proclaimed inventor of the cryptocurrency Craig Wright
Crypto software giant ConsenSys will financially support an ongoing lawsuit challenging the IRS’ ability to tax staking rewards
Thursday:
Quiet
Friday:
The New York Department of Financial Services (NYDFS) is investigating stablecoin issuer Paxos
Research/Reads:
JPMorgan - The e-Trading Edit - Insights from the Inside - source
Institutional traders shifting attention from blockchain to AI
Messari - Crypto Theses for 2023 - source
Key trends, people, companies, and projects to watch
Legal expert says Mango Markets exploit case is wake-up call for DAOs - source
How DAOs implement their legal and governing structures in the future
Moonrock Capital - Bimonthly Report - source
Market, verticals, and projects that excite us
How I changed my mind on the decentralized casino thesis (as a go-to-market strategy) - source
History of DeFi shows that bootstrapping/growing a protocol requires a different strategy
Tax strategies allow crypto investors to offset losses - source
Saving money when filing taxes
How Bitcoin Jesus Roger and the Exchange CoinFLEX Collapse - source
Roger Ver owes CoinFLEX 47M which led to a liquidity squeeze on exchanges
Innovation or attack? Sorting out the "NFT Big Block" on the Bitcoin Network - source
Ordinals NFTs analysis
CoinGecko - Crypto Layoffs in the Past Year, By Month - source
Crypto layoffs rose 8 to 13 times above average, in the months after major fallouts
MEV: Maximal Extractable Value Part 2: The Rise of the Builders - source
Concern that the builder landscape will become centralized
A potential turning of the macro market tides is underway | Glassnode | Shifting Tides - source
Strong growth in the number of transactions, TVLs, and cross-chain data | Canto Eco Checklist, Trending L1 with DeFi Components - source
The dYdX Foundation made an abrupt change to its project’s tokenomics | Did dYdX violate the law by changing its tokenomics? - source
From early adopters using technology to automate financial services to a comprehensive revolution of the financial sector | The history and evolution of the fintech industry - source
How the Ethereum Foundation drives innovation through delegation | A Philosophy of Subtraction - source
The objects we use to store value will evolve to match new realities | Storing Value in Digital Objects - source
$3B+ lost to smart-contract exploits in 2022 exposes the immaturity of the security landscape | Web3 Security: Securing the Path to Crypto Adoption - source
Modelling the distribution of rewards by validator cohort | Partial withdrawals after the Shanghai fork - source
The next evolution unlocked by the blockchain | The Rise Of UGC 2.0: User Generated Collects - source
The trial between NFT artist Mason Rothschild and French luxury house Hermès came to a close | Hermès vs. MetaBirkins: The NFT Case That Could Have Major Trademark and Artistic Consequences - source
Upcoming crazy altcoin |Arthur Hayes | Be Present - source
Ethereum’s next hardfork anticipated in March | Shanghai: Effects on Liquid Staking Derivatives - source
Recent developments, analyzes trends, and investment thesis | Top 10 Trends in 2023: An Overview by Hashed - source
A Systematization of Knowledge on MEV in the Modular World | Modular MEV; Part 1—The Introduction - source
The current state of dApp governance is highly investor-centric, giving users little representation | Messari | Governor Note: Usage-Based Governance with Sybil Resistance - source
Potential risks to investors and the integrity of the U.S. capital markets | SEC Division of Examinations Announces 2023 Priorities - source
Ape holders' onchain behavior | Profiling BAYC holders [Part 1] - source
The crypto industry needs to start playing by the rules for adoption to increase | The Seventh Bull Cycle - source
Primary and secondary transactions | Crypto and securities: New interpretation of US Howey test gaining ground - source
Our decisions can be more precise and effective | The Value of Probabilistic Thinking: Spies, Crime, and Lightning Strikes - source
Bitmex Research |Bitcoin Ordinals Data - source
Many groups likely to be disappointed with the outcome of Genesis’ Chapter 11 bankruptcy filing | What creditors can expect from Genesis’ bankruptcy and what others can learn - source
L2 season is upon us | The State of Optimism - source
Messari Report | State of Synthetix Q4 2022 - source
An industry yet to find its use case | How to Avoid the Death of DeFi in the Wake of FTX - source
Regulation through enforcement | How the Coinbase Insider Trading Case Will Change Crypto - source
Python programming language technologies in blockchain software development | The state of Python in blockchain - source
Collapse of Umami | Bent Too Far: How Umami's Institutional Ambitions Almost Tore the DAO Apart, Forcing Out CEO - source
Zero knowledge Ethereum virtual machines | A Developer’s Guide to the zkGalaxy - source
Messari | State of Harmony Q4 2022 - source
Ethereum’s upcoming Shanghai Upgrade | The Last Bull Standing: The Year Ahead for Ethereum and Liquid Staking Protocols - source
An industry yet to find its use case | How to Avoid the Death of DeFi in the Wake of FTX - source
Regulation through enforcement | How the Coinbase Insider Trading Case Will Change Crypto - source
Python programming language technologies in blockchain software development | The state of Python in blockchain - source
Collapse of Umami | Bent Too Far: How Umami's Institutional Ambitions Almost Tore the DAO Apart, Forcing Out CEO - source
Zero knowledge Ethereum virtual machines | A Developer’s Guide to the zkGalaxy - source
Messari | State of Harmony Q4 2022 - source
Ethereum’s upcoming Shanghai Upgrade | The Last Bull Standing: The Year Ahead for Ethereum and Liquid Staking Protocols - source
Fundraises:
Monday:
Port3 Network raised a $3M seed round to build a web3 social data portal led by KuCoin Ventures plus participation from Jump Crypto, SNZ, Cogitent, Momentum6
Social discovery group leads $2M private round of web3 AI-driven gaming metaverse ‘My NFT Wars’
Post Series-B, anti-fraud platform SEON acquires AML startup Complytron for a rumored €2.5M
MoodMiner, a platform for easy yield staking, raised a $400,000 seed round organized by Hashed and co-organized by Pantera Capital and ZhenFund
Tuesday:
Crypto Lender SALT raised $64.4M to resume operations
Blockchain data analytics firm Elementus raised $10M in a Series A extension round at a $160M valuation
SPACE ID, a startup building a universal name network for decentralized identities, raised $10M in a strategic funding round led by Polychain Capital and dao5
Cenoa, a borderless super wallet improving access to dollar-based products in emerging markets, raised $7M in a seed funding round led by Quiet Capital
Webacy, a startup helping make self-custodial wallets more secure, raised $4M in seed funding led by Web3-focused investment firm gmjp with entrepreneur Gary Vaynerchuk participating
Kingdomverse raised $3.6M in the Seed/ Strategic round
Blockchain gaming publisher Xterio invested $2.5M in Overworld, a new partner game studio that will make multiplayer role-playing games with digital collectibles
GammaSwap $1.7M seed round
Cedro Finance raised $1.5M to build an Omnichain Future led by Shima Capital
Wednesday:
Aptos Labs backs web3 TikTok rival Chingari
Blockchain carbon credit transaction network Carbonplace secured $45M in an investment round from its nine founder banks with a combined $9T in assets under management
Cusmat, an immersive skilling platform that enterprises use to upskill their industrial workforce, raised $3.5M in Series A round of fundraise led by Arkam Ventures
VRRB Labs, a Miami-based crypto startup that is developing a Layer 1 blockchain network, raised $1.4M in a pre-seed funding round from Jump Crypto, Big Brain Holdings and Taureon
Thursday:
Crypto protection startup Coincover raised $30M in funding in a round led by Foundation Capital
Stellar community fund kicks off $10M open-application funding program for Soroban projects
Dymension, a modular blockchain that leverages Cosmos's and Celestia's technologies, raised $6.7M in a seed funding round led by Big Brain Holdings
Cub3, a customer loyalty platform that aims to automate web3 rewards based on real-world activities raised $6.5 million led by Bitkraft and Fabric Ventures
Mawari raised $6.5M to enable faster 3D content delivery for digital assets for the metaverse
Sesame Labs, a web3 marketing platform, raised a $4.5M seed round co-led by Wing Venture Capital and Patron
Vault, a music platform built with web3 technology, raised a $4M Series A led by Placeholder VC
Blockfenders raised $1.5M for its blockchain-powered secure data sharing platform
Kenyan AI and blockchain startup, Fastagger, closes investment from CV VC
Friday:
Mino Games raised $15M to create its Dimensionals collectible character game with Web3 features
Matr1x, a Web3 entertainment platform, raised $10M, will soon launch Matr1x Fire, first mobile FPS game in Metaverse
Decentralized gaming platform Ajuna Network raised $5M in a new private funding round led by blockchain-focused venture capital firm CMCC Global
The gaming studio behind web3 tower defense game Omega Royale raised $2.1M in funds for its play-to-mint project
ManesLAB $1.8M seed funding round led by YZB Investment
Twitter:
Arthur Hayes rumors that Kyle Davies and Zhu Su completed their raise for a new exchange - source
Various projects vaguely hint at upcoming collaboration
Huobi is listing 'FTX debt' tokens breach of securities regulations - source
a16z could control 41.5M UNI through 11 wallets, which represents more than 4% of the supply, which is the required amount to pass any proposal - source
Story about how Uniswap actually got started - source
List of Upcoming Projects Ecosystem on Fuel Labs - source
Politics behind the recent Uniswap proposal - source
Why GTX could lead to another disaster - source
NftFi on-chain analysis - source
Crypto AI projects - source
Stablecoin data - going to mainstream faster than any other application - source
How much ETH will be sold after Shanghai? - source
Why the most popular thesis in crypto will soon be invalidated - source
Coinbase CEO on banning staking in US - source
Umami CEO dumping tokens - source
DeFillama fundraising data dashboard - source
Real-World Assets - source
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