Tl:dr:
Ethereum Merge part 1 - Bellatrix upgrade begins Sept. 6
Avalanche Dramarama, Mt. Gox misinformation, DigiDaigaku/airdrop/free-to-own hype
Top Daily Bullets: Ticketmaster adopting Flow blockchain, Arbitrum One upgraded to Nitro, African Sango Coin unconstitutional, Nexo $50M token buyback, Smooth Love Potion mystery solved, Moonbeam integrates LayerZero, Aptos: Incentivized Testnet, OpenSea adds Polygon support, Helium devs proposed migrating to Solana
Scammy Shit: Michael Saylor tax fraud, Solana brothers who inflated TVL no longer with firm, Crypto mining malware mines Monero, Turkish crypto exchange founder arrested, Crypto.com accidentally transfers $10.5M, executive of Thai exchange insider trading
Data Highlights: On the weekly, money is still flowing into ETH and BTC primarily while it’s flowing out of USDT, LDO, DAI, AAVE and COMP. On the monthly, the clear inflow is into ETH and other ETH derivatives while it’s mostly flowing out of stables USDC and DAI
DeFi Highlights: Curve’s new native stablecoin crvUSD, dYdX backlash for biometric checks, BNB Chain liquid staking, SushiSwap reduces proposed salary for 'Head Chef', Compound Finance coding error temporarily locks funds, 1inch 300,000 OP token airdrop, Bybit partnered with stablecoin issuer Circle, Ethermine new ETH staking service
NFTs/Metaverse Highlights: OpenSea trading volume 99% from May, Sudoswap announced governance token SUDO airdrop for XMON token holders, Meta brings NFTs and other digital collectibles to Facebook, Veve partners with Marvel, R3al Metaverse web series based on avatars from popular NFT projects, Swiss crypto bank opens hub in Decentraland, Luxury brand Hermès NFT trademarks, get married in Decentraland ft. Taco Bell, Art Blocks engine for generative asset creation, a16z “Can’t Be Evil” NFT licenses
For a more condensed write up focusing in on the main points of the week, check here:
- 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:
From: TradingView, CoinGecko, DefiLlama, DappRadar, CryptoSlam, TokenTerminal, Nansen
Bitcoin:
I like looking at the highs and lows as they get made. Hasn’t been looking too great since we broke down. We’ve been making lower lows and lower highs since
Ethereum:
Same story as bitcoin - except this looks mildly better. Still lower lows and lower highs.
Crypto Market Cap:
We lost the $1 trillion market cap level and haven’t been able to reclaim it since
Nansen Smart Money Token Inflow and Outflows:
Tl:DR: On the weekly, On the weekly, money is still flowing into ETH and BTC primarily while it’s flowing out of USDT, LDO, DAI, AAVE and COMP. On the monthly, the vast inflow is into ETH and ETH derivatives with much much weaker outflows from stablecoins
Largest Smart Money Inflows this week:
Largest Smart Money Outflows this week:
Largest Smart Money Inflows this month:
Largest Smart Money Outflows this month:
This shows how much “smart money” is stabled up. The lower the number, the more risk on people are feeling. You can see we peaked on June 18th and have been falling since with a recent spike upwards. For reference, smart money was 4-5% stabled up back during November
Nansen Hot NFT Contracts (7D):
Highest Volume NFT collections of the past week: No surprise to see DigiDaigaku leading the NFT market this week. Running hot off the back of that $200M raise and airdrop
DefiLlama DeFi TVL:
Not the best! At the very least we’re holding the $60B level (for now)
Top protocols by TVL: The two that stand out to be are Balancer and Frax seeing as they’re the only two who managed to eek out a positive increase on the weekly and monthly level
The top blockchains by TVL: I’m looking at who’s been able to stay green lately and I notice Arbitrum and Optimism, both L2s, are green on the weekly and monthly. Also, Klatyn is coming in green on the weekly - we recently saw that DeFi Kingdoms is leaving Harmony for Klatyn
Token Terminal Revenue: I’m a fan of the real yield narrative, so I like keeping an eye on the top revenue protocols. Really a bummer to see that dYdX has become such a cuck protocol with all the restrictive new decisions they’ve made recently. They pull in solid revenue. Another CT favorite is GMX which regularly appears on this list
CryptoSlam Blockchains by NFT Sales Volume (7D):
In the past week we’ve seen:
Ethereum: down 20%
Polygon: WOW! Where did that huge boost come from? Up 664% - interdasting
Solana: up 73%
CryptoSlam Blockchains by NFT Sales Volume (30D):
However in the past month:
Ethereum: down 10%
Polygon: up 176% - this really creeped out of nowhere and surpassed Solana
Solana: up 2% - weak sauce
ImmutableX: up 405% - INTERDASTING!
DappRadar NFT Marketplaces Volume: (7D) *excludes washtrading*
In the past week we’ve seen:
OpenSea: down 18%
Magic Eden: up 32%
X2Y2: up 10%
ImmutaSwap.io - This is new and probably accounts for that 400% increase
DappRadar NFT Marketplaces Volume: (30D) *excludes washtrading*
However in the past month:
OpenSea: down 17%
X2Y2: up 20%
Magic Eden: down 11%
BloctoBay: Need to look into this
ImmutaSwap: Need to look into this
Crypto News:
Monday:
MtGox is NOT distributing any coins this week, or the next week, or the week after that. The repayment system is not live yet. As it currently stands, you can’t even register where (which exchange) you want your BTC & BCH sent yet
Avalanche drama after a self-described "whistleblower" website accused Ava Labs of paying lawyers to hurt competitors and keep regulators at bay. Ava Labs rejected the accusation as "conspiracy theory nonsense" Whistleblower replied calling it unsourced false statements and illegally obtained, highly edited video clips that are not presented with accurate context
The Taliban is clamping down on crypto as some citizen use it as a safe store of value
AntPool won't maintain client assets on Ethereum after The Merge amid 'risk of censorship'
PSA - Chromium Based Browsers like Chrome, Brave, Edge allow websites to MODIFY clipboard WITHOUT the user's permission
Tuesday:
Emin Gün Sirer - statement refuting the crypto leaks “lies”
Central African Republic's Constitutional Court ruled that the purchase of citizenship, "e-residency" and land using the cryptocurrency, Sango Coin, the government launched last month was unconstitutional
Cryptocurrency lending platform Nexo has allocated an additional $50M to its token buyback initiative
Garry Tan will be YC’s next President and CEO
Derivatives marketplace CME goes live with euro-denominated bitcoin, ether futures
Tradingviewhas integrated defillama data
Iran is allowing businesses to use crypto for import transactions - could be a means of circumventing sanctions
Brazil's central bank picked proposals for eight new projects to advance through its innovation lab, including a DeFi liquidity pool from Itaú Unibanco, the country's largest bank
The government of the Mendonza province, Argentina, started accepting crypto as a means of payment for taxes and fees
Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto
Cardano blockchain builder Input Output Global (IOG) has funded a $4.5M blockchain hub at Stanford University
Wednesday:
Ethereum miner balance reaches four-year high weeks before the Merge, potentially hoarding more ETH in anticipation of price surges and forked PoW tokens
Eurozone hits record inflation of 9.1% amid gas and energy crisis
El Salvador’s Bitcoin bond will be further delayed, until later this year, likely due to the lack of investor interest
Paraguay's president vetoed a proposed crypto industry bill regulation
Largest Ether mining pool Ethermine opens new ETH staking service, offering 4.43% interest and as little as 0.1 ETH ($159) required to enter
Vitalik has written a book "Proof of Stake" - share of the proceeds all goes to gitcoin grants public goods
Lana Rhoades’ shady $1.5 MILLION Scam
Thursday:
District of Columbia suing MicroStrategy founder Michael Saylor for tax fraud. D.C. alleges Saylor, MicroStrategy evaded over $25M in taxes
Attorney Kyle Roche has withdrawn from several class action including Tether, Bitfinex, TRON and BitMEX in the wake of his recent scandal involving Ava Labs
Mt. Gox trustee releases repayment procedures update. Creditors have until September 15 to submit claims regarding funds lost. Timeline of repayments has not been finalized
Crypto exchange Crypto.com has backed out of a five-year sponsorship deal worth $495M with the UEFA Champions League, European soccer's elite competition
Hardware walletcompany Trezor is moving to enable direct crypto purchases with a new partnership with the crypto fintech startup MoonPay
LG Electronics has announced the launch of its first crypto wallet application
Trading volumes in bitcoin futures hit a 21-month low and fell below $1T in August while ETH volume surged ahead of The Merge
John Linden, CEO of gaming technology company Mythical Games, said they're testing an "adjacent" blockchain that will be compatible with the Ethereum blockchain
Ethereum-based asset management protocol Babylon Finance will fully close in November after failing to recover from the impact of April’s $80M exploit on Rari Capital
California Governor is set to sign a recently passed bill that would require digital asset exchanges and other crypto companies to obtain a license to operate in the state
Crypto mining malware has been sneakily invading hundreds of thousands of computers around the world since 2019 forcing them to unknowingly mine Monero, often masquerading as legitimate programs such as Google Translate
Indonesia's government plans to establish a "crypto stock" exchange by the end of 2022
Securities and Exchange Commission regulators may move to protect investors from traders who distort the NFT market with manipulative trades such as wash trading
Friday:
Celsius has sought to reopen withdrawals for select customers that hold assets in its "Custody Program and Withhold Accounts."
Ian and Dylan Macalinao, who used a web of secret identities to inflate the TVL of a Solana DeFi project, are “no longer affiliated with” Protagonist VC, said the firm they started
Global web3 venture capital and market maker DWF Labs launches
Tether is calling for Roche Freedman law firm to get thrown off the case entirely even after Kyle Roche resigned, arguing the allegations against Roche related to Ava Labs could extend to the firm
Funding in August: 104 public investments by crypto VCs, down 35% MoM (160 projects in July 2022). Total funding was $1.37B, down 29% MoM ($1.91B in July 2022)
A United States think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency
Snapchat will cut its web3 team as part of its restructuring plan
Mayo Clinic taps into blockchain technology for clinical trial design
Digital crypto casino Stake.com facing $400M lawsuit filed by former partner
NFTs/Metaverse:
Monday:
DigiDaigaku has been blowing up
Meta now lets you post NFTs and other digital collectibles to Facebook
BarrelDAO launched a sold out collection of NFTs redeemable for a limited edition Solana-themed beer
Taco Bell and metaverse platform Decentraland are teaming up to offer United States-based couples a chance to get married in the Metaverse
Formula 1 files trademark for 2023 Las Vegas Strip Circuit Grand Prix, listing NFTs and cryptocurrency in a variety of potential goods and services on offer
Tuesday:
Hype around the launch of the y00ts NFT project on Solana has led to the team’s current NFT collection, DeGods, pumping to new heights
The digital collectibles company Veve partners with Marvel to drop limited edition NFT covers featuring Spider-Man, Black Panther
NFT project Art Blocks launches engine for generative asset creation
The R3al Metaverse is a new web series starring characters based on avatars from popular NFT projects, including the Bored Ape Yacht Club, Cool Cats, Doodles, World of Women or Robotos
Art, artifacts and untold family stories from the world-renowned Mexican painter Frida Kahlo are being digitized and uploaded to the metaverse
Wednesday:
For nearly a year now, a mysterious Axie Infinity whale has been quietly amassing billions of Smooth Love Potion, and now holds a little over 22 billion SLP — more than 50% of the total circulating supply. No one knows who it belongs to
Event ticketing behemoth Ticketmaster will adopt the Flow blockchain from Dapper Labs for minting tickets as NFTs for select events
Friday, September 2, DigiDaigaku holders will receive an airdrop
a16z wants to standardize NFTs by giving you a license for your token to fix NFT copyright confusion through new “Can’t Be Evil” licenses that make it explicit what an NFT holder can and can't do with their NFT
JPEG'd - Introducing Trait Boost
Morningstar Ventures has announced the acquisition of Elrond Apes NFT collection
What to expect from the UK’s Royal Mint NFT collection
Thursday:
OpenSea plans to only support NFTs based on the proof-of-stake version of the Ethereum blockchain once The Merge is complete
Unstoppable Domains, which provides NFT-based domain names for crypto wallets and websites, launches encrypted email service, Unstoppable Email, in partnership with Web3 workspace Skiff
Swiss crypto bank and asset manager Sygnum will open a hub in Decentraland complete with a CryptoPunk receptionist, NFT gallery and event space
ConsenSys to launch one of the first green NFTs on Ethereum mainnet
Beer With Bill Murray’ NFT sells for $185K on Coinbase's NFT marketplace in a bidding war for a Charity Auction
Luxury brand Hermès is laying the groundwork for its entrance to Web3 after filing a trademark application covering NFTs, cryptocurrencies and the Metaverse
The NFT trading volume of OpenSea has shown a decrease of almost 99% from its record high of $405M on May 1 to $5M in NFT transactions on Aug. 28
a16z crypto wants to fix NFT copyright confusion through new “Can’t Be Evil” licenses that make it explicit what an NFT holder can and can't do with their NFT
Friday:
DigidaiGaku airdrop: each Digi in your wallet will receive a spirit NFT that matches the respective Digi. You won’t be able to do anything with it AT FIRST, but each Spirit is a core ingredient in creating Digidaigaku HEROES
Yuga Labs dropped a new teaser for Otherside that hints at a troubled backstory for the upcoming Yuga Labs' Kodas
You can now get advice from a Bored Ape NFT on Cameo
Recent Project Developments:
Monday:
SushiSwap reduces proposed salary for its 'Head Chef' role after community pushback
Polkadot Ecosystem Weekly Digest - Kylin Network wins Polkadot's 25th parachain auction, OAK Network partners with Gem, KILT will move to Polkadot by the end of September
Nansen added Sudoswap support
ZEC, ZEN and XLM “may currently be a security, based on the facts as they exist today,” Grayscale said in recent, little-noticed filings
Sui blockchain creator Mysten Labs suffers Discord hack
Polkadot Parachain Moonbeam Integrates Cross-Chain Messaging Protocol LayerZero
Sweatcoin: Top 3 fitness app in the Google and App Store with 100M users to launch on DAO Maker
PlutusDAO - Launch Announcement: plvGLP
Launched of NFT marketplace, WigoMarket, on the Fantom Blockchain
Launch of Tsunami, the first dex on Solana to offer a zero-fee swapping experience
Launch tubbysea, a protocol for borrowing ETH using tubby cats as collateral
Stride launching in a few weeks, tokenomics of $ST
Introducing Proton Testnet
Influenceth TestNet is coming
Stargaze V7 Upgrade
PolymerFi Testnet v2 is live on SecretNetwork testnet
Shell v2 testnet is still live
Tuesday:
Reminder: Arbitrum One is upgrading to Nitro on Wednesday 8/31. 2-4 hours of planned network downtime, starting 10:30 AM ET / GMT-4
BNB Chain has introduced liquid staking with three leading Web3 protocols: Ankr, Stader and pStake
NFT exchange Looksrare will not support forked versions of Ethereum post-Merge
dYdX is currently blocking less than 0.1% of the wallets connected to the exchange after Tornado Cash sanctions
Fireblocks launches support for Solana NFTs, games and DeFi
Aave community proposes to temporarily suspend ETH lending before the Merge to mitigate risks
Klaytn: Klaymakers 22 hackathon is now live and open for submissions
Aptos: Incentivized Testnet 3 - August 30 to September 9 and is the last incentivized testnet before mainnet launch
Cardano IOHK Mithril proof of concept is now open-source
OptiFi lost $661K due to a Solana design flaw where closing a program causes it to shut down and lock up the funds held in the contract
Interoperability-focused blockchain Flare Network has partnered with software infrastructure firm Lena Instruments to implement a crowdfunding mechanism that lowers the risks associated with startup investing
Trident will not be deploying on Avalanche as previously planned. Instead, will move to Arbitrum
Myria L2 is now live - solves the scalability issues of Ethereum, with 0 gas fees & lightning-fast transaction speeds
Phi has launched on Polygon Mumbai Testnet. The Web3 world created directly from ensdomains & wallet activities, enabling the easy visualization of on-chain identities
1st batch of brand new DERACE features is live on test-net
Halborn blockchain and smart contract security VM - ZIION is open-source, end-to-end, pre-compiled, multi-architecture, and multi-protocol
Announcing Specula, the first *EVM-native* optimistic rollup
Announcing the upcoming launch of Nazare - a protocol that will unleash waves of liquidity across the Solana ecosystem
Introducing Hadeswap - the most efficient decentralized NFT trading platform
Gitcoin: GR15 will have over $1M in matching funds across 12 ecosystem rounds
EMURGO Ventures invests in DoraHacks to scale Cardano's Web3 developer pool and dApp ecosystem
Wednesday:
OpenSea adds Polygon support to its Seaport protocol implementation to expand features and is will be accepting MATIC
Curve founder Michael Egorov said in the community that Curve’s native stablecoin crvUSD is likely to be launched next month and is currently in the alpha stage
The core developers at Helium have proposed to migrate the project to Solana in a move that aims to achieve additional scalability
Compound Finance executed a governance proposal updating its Chainlink price feeds that contained a code error, freezing the cETH borrowing and lending markets for 7 days
Introducing KINETIC: the first multi-chain NFT aggregator
Automated, trustless and non-custodial trailing stops are now available for all MakerDAO and Liquity Protocol users at Defi Saver
MAP Mainnet Goes Live on August 31
The Mask Grant and Ecosystem Programs
Introducing Apollo DAO’s liquid staking solution for Cosmos
Introducing Kamino - built to be Solana's liquidity destination
Thursday:
Arbitrum Nitro migration is complete, on-chain activity has resumed
Socios and the AFA soccer deal will build a gamified, web3-ready, engagement and rewards community for Argentine fans, which will be built on the Chiliz blockchain
1inch announces 300,000 OP token airdrop for users who made swaps via the 1inch wallet on Optimism
Solved, after much speculation, the wallet holding more than 22 billion of Axie Infinity’s total supply of Smooth Love Potion has been identified as an address belonging to Binance
A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being “deprioritized” by the new administration
Nomad list of white hat addresses in open-source hack data repository
1,000,000 $USN incentive program to support the growth of $NEAR and $AURORA DeFi
DexGuru Summer 2022 Product Updates
zkSync 2.0 Update: Dynamic Fees Milestone Completed
Solidly Upgrade
Takepile launch - a decentralized perpetual exchange on the Fantom network offering up to 200x leverage
Orca Protocol is now Metropolis and opening pod beta access to select DAOs
Introducing Aries Markets - borrowing, lending and margin trading all in one platform
Native Launch of USDS, a Harmony protocol native stablecoin
Friday:
Sudoswap announced the launch of a native governance token, SUDO, with the majority earmarked for XMON token holders - 41.9% via a lockdrop event
KyberSwap says it will pay 15% bounty if attacker returns $265K in stolen crypto
dYdX ends $25 first deposit bonus promo after strong community pushback relating to the requirement of a facial recognition scan in order to receive the deposit bonus
Ethereum Protocol Fellowship: The Third Cohort
Introducing Elixir, a community-owned marketplace powered by the Elixir fAMM, or Floor AMM
IMX Staking Rewards product live
Introducing Herculeswap: the redefined decentralized NFT trading platform
DeHealth airdrop
Introducing Timeswap V2, a new DeFi primitive
dYmension litepaper
Fundraises:
Monday:
Limit Break, a game company founded by Gabe Leydon, received $200M in financing led by Buckley Ventures last year. Other investors include Paradigm, FTX, CoinBase and more
Fintech firm Lightnet Group gets $50M from LDA Capital to boost Velo Protocol's tech
Solana Ecosystem Cash Flow Protocol Zebec Closes $8.5M Funding Round with Circle Ventures Involved
GammaX raises $4M to launch crypto derivatives exchange on Ethereum Layer-2
Pixie, a crypto-based photo and video sharing social network, closed a new round from KuCoin Ventures
Tuesday:
Leading executives for crypto investment and trading firms Galaxy Digital and Genesis are raising $500M for a new crypto fund called DBA Crypto
Limit Break, a startup building web3 massively multiplayer online (MMO) games, raised $200M. Incorporates NFTs into the “free-to-play” payment model for mobile games. Linked to DigiDaigaku NFT collection
Reddit co-founder's VC firm seeking $177.6M to invest in crypto tokens
Animoca set to announce $100M funding deal led by Singapore state investor, Temasek, in the form of convertible bonds
Web3 game developer and publisher Xterio has raised $40M from FTX Ventures and others at a $300M valuation
DeFi oracle provider Redstone closes a $7M round led by investment firm Lemniscap
NFT security startup Tokenproof raised $5M in a seed funding round for its solution to the scourge of scams draining crypto collectibles
Clockwork, a decentralized automation network for Solana, closed a $4M seed round co-led by Multicoin Capital and Asymmetric
Gearbox, an on-chain composable leverage protocol, has raised a $4M DAO round from investors at Placeholder, Zee Prime, Ledger Prime, Polymorphic and GCR
Wednesday:
a16z leads $50M in funding for NFT organization Proof Collective, the private community behind the Moonbirds, Oddities and founded by serial entrepreneur Kevin Rose
Pantera leads $13M round for creator-owned live streaming platform Stacked
Sei Labs has raised $5M from MulticoinCap to launch a new blockchain focused specifically on trading, leading market makers Flow Traders and Hudson River Trading are backers
GoGoPool raises $5M to provide bring liquid staking to Avalanche and make it easier to launch subnets
Koop protocol has raised $5M in funding led by 1confirmation and Variant Fund. Lets creators organize and manage their communities and allows communities to contribute
Luabase, a start-up that is making blockchain data cheaper and easier to use, has raised $4.5M from Costanoa Ventures, 6th Man Ventures, and the founder of thirdweb
Web3Games raised $4M in funding to develop next-gen blockchain games
Contribution Labs is close to raising $3M in an equity sale. The startup created the Polygon blockchain-based Mint Kudos, a Web3 platform that rewards community participants with digital badges
Berlin-based marketplace for forward financing nature-based carbon credits GreenTrade raises funding
Thursday:
Silence Laboratories, a Web3-centered cybersecurity startup based in Singapore, has raised $1.7M in a seed round led by Pi Ventures
Friday:
LevelField, a financial services firm that melds traditional banking and digital assets, is raising $50M
Binance Labs leads SPACE ID's seed round - which is building a universal naming service network
Blockchain Foundry was acquired by WonderFi
Exchange News:
Monday:
Coinbase is open to listing the asset associated with the ETHPoW fork
Binance confirmed that it froze access to a corporate account belonging to a Tezos Tool contributor called ‘Baking Bad’ due to a law enforcement request
FTX’s Sam Bankman-Fried denies planning to acquire Huobi
KuCoinWallet Bug Hunter Program
Tuesday:
Crypto.com accidentally transfers $10.5M to a woman instead of $100 who then bought a house. Now she’s being sued, must sell house and return the money
Albanian authorities have Turkish crypto exchange founder, Faruk Fatih Özer, in custody, waiting for questioning and cooperation with the Turkish government
Indonesian e-commerce giant, PT GoTo Gojek Tokopedia Tbk, buys local crypto exchange for $8M
An executive of Thai cryptocurrency exchange group Bitkub has been fined $235K for insider trading related to a failed acquisition by the country's oldest bank
Wednesday:
Coinbase, FTX, Binance get inquiries as Congress looks to crack down on $1B crypto fraud
South Korea's 'Blockchain' city of Busan announces FTX partnership to build local exchange
Brazil-based crypto exchange Digitra.com has launched a crypto exchange for institutional and retail investors powered by Nasdaq’s cloud-based crypto trading service
Thursday:
Crypto derivatives exchange Bybit has partnered with stablecoin issuer Circle Internet Financial to expand its suite of spot trading pairs denominated in USDC
Federal prosecutors asked Binance for voluntary access to Changpeng Zhao’s communications as part of its investigation into the exchange’s anti-money laundering checks
Friday:
Coinbase Cloud is launching Solana archival nodes in the latest expansion of blockchain infrastructure for the high-speed network
Bybit is announcing zero fees on all spot trading pairs, starting September 6th. Previously, Binance introduced zero fees for spot trading of ETH/BUSD and Bitcoin
BlackRock will use Kraken's CF Benchmarks bitcoin index pricing product for its first crypto offering
A small exchange BitCoke announced the launch of the USDT (pre-) hard fork, allowing users to freely exchange USDT for USDTS and USDTW “candy” token. Forked USDTW “candy” represents USDT of the PoW (proof of work) chain that may continue to exist
Coinbase is taking action to retrieve funds from Georgian crypto traders who took advantage of an 'excellent arbitrage opportunity.'
New Listings:
Ooki Protocol (OOKI) will be listed on Coinbase & Coinbase Pro - source
Binance Futures will launch USDⓈ-M Binance Football Fan Token Index perpetual contracts with up to 25x leverage before the World Cup
Coinbase will list MXC (MXC) and Aurora (AURORA) on August 31- source
Robinhood has now listed Cardano Token ADA - source
Near Protocol (NEAR) will be listed on Coinbase & Coinbase Pro - source
Research:
State of Gamefi 2022 - source
DappRadar - DeFi’s Stablecoins Battle Fallout From Terra, Tornado Cash, and the Ethereum Merge - source
On Royalties - source
Arbitrum Odyssey - Nitro Edition - source
Getting POW'ed - The labor market, trust, quiet quitting, and Fed moves - source
MBLM Brand Intimacy Study 2022 Report - source
The Investor’s Guide to Crypto Taxes - source
Binance Tokenomics Deep Dive - source
Why the Ethereum Merge is a Big Deal - Reasons to be hyped, and reasons to be concerned - source
NFT Domains - source
Thinking Through CC0 and IP for NFT Communities - source
Fans are the New Creators. Web3 is blurring the line between audience and creator, and re-writing how fan labor is funded and rewarded - source
Privacy - a Private Compute - source
The Fat Paradox - exploring value accrual in the web3 tech stack - source
Global Unicorn Index 2022 Half-Year Report - source
zkSync Ecosystem Airdrop covered (A-Z) - source
Investment Cycles - source
The Path of Compliance and the Path of Decentralization: Why Maker has no choice but to prepare to free float Dai - source
Assessing Blockchain Bridges - source
Crypto x Options Repository Notion Site - source
Tech Fear-Mongering Isn’t New—But It’s Time to Break the Cycle - source
Remembering the Failed Crypto Projects a16z Backed - source
Quantifying the carbon negative component of the Bitcoin Network - source
What Goes Down Must Go Up? What we might get wrong when investing in equities, tokens, and liquid assets across multiple cycles - source
Bankless: Top 5 Ways to Earn OP on Optimism - The best opportunities to maximize your Optimism token stimpak - source
TheTie Research - MEV: An Intro to Value Extraction - source
How Sudoswap is Disrupting NFT Marketplaces - source
Articles for understanding blockspace & CCMs - source
The Structured Products of Friktion - source
The Evolution of AMMs - The Complex History of the Future of Finance - source
FTC's research into types of Crypto fraud loss - source
Brokkr Finance Opens Its Gates on Avalanche - source
Huobi Research - BendDAO — discussing the liquidity risk - source
Billions are spent marketing crypto to sports fans — Is it worth it? - source
Navigating Web3 Compensation: A Framework Report - source
The Decentralized Identity Revolution: How our digital identities will be built on web3 - source
Interview With Top-Ranked Debank Whale @bizyugo - source
Top Narratives & Catalysts to Watch - source
A deep dive into the formulas, visualizations, and SQL you need to accurately measure and report on cohort retention - source
Overview of LUSD's pegging mechanisms - source
Messari - Klaytn: The Enterprise-Grade EVM - source
Nansen - How to Find and Track NFT Whales - source
Sudoswap & The Impending NFT Royalty Crisis - source
From DeFi, to GameFi, to SocialFi - source
Macro Deep Dive: September - source
Oracle Report - source
Coinbase Venture’s POV on the Web3 Developer Stack - source
Twitter:
Avalanche drama tl;dr - source
3AC liquidation update - source
Some numbers on Canto - source
Breakdown of the Hedge Fund Industry - source
Yat Siu on Axie Infinity - source
State of Crypto Gaming Market - source
How to get to get the $ARBI Airdrop - source
Tree of Alpha origin story - source
NFT aggregators - source
Design space for new DEXes - source
Gabriel Leydon - Designing Digital Economies - source
Cosmos Hub - A Rising Tide Lifts All Cosmos Boats - source
5 interesting projects on the L2 - source
Hermes - source
Project on Arbitrum. An overview of y2k finance - source
Free to own - Limit Break & Digidaigaku - source
Projects currently building in the field of on-chain games - source
Every web3 game has 40% bots - source
No way to make the economics of an on-chain order book sustainable - source
CZ on free to own - source
Netflix, TikTok and Tesla have entered the (gaming) chat - source
Maker Drama - source
Long List of Crypto (LLC) which aims to be the 'Web3 Yellow Pages' - source
Nansen on Digis - source
NFT marketplaces trends in user demographics - source
Wallet to wallet messaging is going to be a massive unlock for crypto social applications - source
The Metaverse and the future recap - source
September for Crypto - source
September Monthly Plan - source
Why the Metaverse is inevitable - source
Advantages for helium migrating to Solana - source
NEAR Protocol’s Nightshade - source
Toxic Crypto Liquidity - An infectious issue - source
The Future of On-Chain Gaming - source
FREE-TO-OWN - source
Maximize your profits - source
Alfa hunting/ gem discovery Bootcamp - source
Updated macro thesis - source
Analysts in crypto struggle with is understanding time frames - source
A mixed month marked by Tornado Cash and the anticipation of the Merge - source
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