Tl;dr:
Circle intends to make USDC available on Arbitrum, Cosmos, NEAR, Optimism and Polkadot, Facebook and Instagram users can now share and cross-post digital collectibles, Ribbon Finance new crypto options exchange Aevo, Chainlink to launch staking and new economic model, FTX won the auction for bankrupt lender Voyager Digital, BlackRock launches an ETF in Europe with blockchain and crypto company exposure
DeFi: Interbank messaging service SWIFT partners with Chainlink Labs, Institutions can now borrow from Compound Treasury, California issued a cease and desist against crypto lender Nexo, Nexo acquires a stake in a US chartered bank, Launch of PancakeSwap StableSwap, Polkadot latest roadmap, Bancor proposes burning 1 million BNT, Umee creating an institutional lending DAO called UDX
NFT/Metaverse: Disney hiring for 'aggressive' NFT and DeFi plans, Apple to impose a 30% commission on NFTs, QQL Mint Pass earned $17M on mint launch, Mythical Games’ Blankos first metaverse game launched on the Epic Games Store, Warner Music Group partnered with OpenSea, Walmart launches two new metaverse experiences in Roblox, OpenSea lists NFTs from Optimism, Pixelmon new leadership and development plans
Government, Regulatory and Legal: Bank of England's bond market intervention raises hopes for Fed pivot, Pentagon contracts with Inca Digital for a security-focused digital asset mapping tool, CFTC’s Ooki DAO legal action, Australian, French, Caribbean, Israel, Norway and Sweden CBDC plans, 23% of Ethereum blocks are complying with U.S. sanctions, SEC charges crypto firm Hydrogen Technology, California accuses 11 of violating securities laws
Miscellaneous: BlockSec debunked allegations $160M Wintermute hack was an inside job, South Korea to freeze $67M Bitcoin tied to Terra's Do Kwon,, MEV bot gained profits worth $1M then got rekt, Stanford University proposal to freeze illicit crypto gains, Veritaseum sues Coinbase for $350M alleging patent infringement
I write another post weekly on some of these topics 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:
Whole lotta nothing. Just grinding away in the same tired range we’ve been in since summer. We continue under the 200 week moving average with ranging and sideways price action.
Ethereum:
Just reminiscing on how the Merge was a sell the news event. Price action on the lower time frames is basically just chop and sideways.
Nansen Smart Money Token Inflow and Outflows:
Largest Smart Money Inflows this week: Top money flowing into stablecoins followed by ETH products
Largest Smart Money Outflows this week: Biggest outflow is from wrapped BTC followed by Rocket Pool, Compound and Tether
Largest Smart Money Inflows this month: Top 3 biggest inflows are into Compound products - ETH, USDC and DAI
Largest Smart Money Outflows this month: Biggest outflow was from USDC, followed by Rocket Pool and wrapped ETH
Nansen Hot NFT Contracts:
Highest Volume NFT collections of the past week: QQL mint pass absolutely exploded - 17,000 ETH volume
Highest Volume NFT collections of the past month: QQL blasted past the rest of the blue chips
DappRadar dApp Rankings by Volume: (30D)
Highest monthly volume by a landslide is Uniswap V3. The differences in users is also pretty interesting. Check out how few users are using some of these protocols moving around billions. Only 1.91k users on Compound for a comparable volume as Uniswap V2. PancakeSwap is dominated by bots
DappRadar dApp Rankings by Users: (30D)
Check out all the world class applications that get more users than OpenSea. Benji Bananas for the win!
DefiLlama DeFi TVL:
We’re used by now to seeing this grind sideways with narry any signs of life
Top protocols by TVL: The weekly doesn’t look too bad for the first time in a long time, however the monthly is still mostly a sea of red except for Curve which managed to eek out a 4% positive change.
The top blockchains by TVL: The number 16 spot, Algorand, stands out. This has some upcoming catalysts and we can see the TVL has gradually been grinding upwards. Keeping an eye on this.
Algorand TVL
Token Terminal Revenue:
Looking at the projects that generate the most protocol revenue which flows to token holders. In other words, these protocols accrue value to the token. Token Terminal changed up their layout and no longer shows the difference between total revenue and protocol revenue. I liked looking at protocol revenue vs total as some of the total revenue didn’t flow to token holders but instead people like miners and validators. Anyways, looking at the 30D trend we can see some nice moves out of ENS, GMX and Magic Eden
CryptoSlam Blockchains by NFT Sales Volume (30D):
In the past month:
Ethereum sales: down 34%
Solana sales: up 113%
DappRadar NFT Marketplaces Users: (30D) *excludes washtrading*
In the past week we’ve seen:
OpenSea: down 31% with 369k traders
Magic Eden: up 53% with 249k traders
Pretty interesting to see that Axie still comes in 3rd
The Flow market BloctoBay has more traders than X2Y2
DappRadar NFT Marketplaces Volume: (30D) *excludes washtrading*
In the past month:
OpenSea: down 30% in volume
Magic Eden: up 105% in volume
X2Y2: down 13% in volume
Overall, this aligns with the trend we’ve seen of Solana NFTs kicking butt recently
Crypto News:
Monday:
Authorities in South Korea claim Interpol has issued a red notice for the arrest of Terraform Labs CEO Do Kwon
Another hacker has stolen $950,000 in ETH via the same vanity address exploit linked to an attack on trading firm Wintermute - using vanity addresses created by a tool called Profanity
Pentagon contracts with Inca Digital for a security-focused digital asset mapping tool
Vitalik Buterin expects proof-of-work blockchains like Zcash and Dogecoin to transition to proof-of-stake consensus
Australian CBDC pilot test for eAUD to commence mid-2023
Grayscale Bitcoin Trust (GBTC) is now trading at a record discount of more than 35% compared to the value of the underlying asset
CFTC’s Ooki DAO legal action shatters illusion of regulator-proof protocol - raises still-unanswered questions about who is culpable when a DAO commits a crime
Tuesday:
Last week’s $160M hack on algorithmic market maker Wintermute was an inside job according to a crypto sleuth
South Korean authorities look to freeze $67M Bitcoin tied to Terra's Do Kwon
Celsius Network CEO Alex Mashinsky has submitted his letter of resignation
8 states, including California's Department of Financial Protection and Innovation issued a cease and desist against crypto lender Nexo over its crypto interest-bearing accounts
French Central Bank CBDC projects aim to manage defi liquidity, settle tokenized assets
Nexo acquires a stake in the holding company that owns Summit National Bank, a US chartered bank, to expand its financial product offerings in the United States
Wednesday:
Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160M Wintermute hack was an inside job, noting that the evidence used for allegations is “not convincing enough”
Pantera CEO Dan Morehead highlighted the potential growth and value of DeFi, Web3 functionality, NFTs and metaverse applications in his opening keynote speech at Token2049 in Singapore
Bank of England's bond market intervention raises hopes for Fed pivot
California regulator accuses 11 of violating securities laws, operating like Ponzi schemes
An MEV bot gained profits worth $1M via an arbitrage opportunity however authorized a malicious transaction that drained the funds an hour later
At least 23% of Ethereum blocks are complying with U.S. sanctions due to the use of a service called Flashbots
Central Banks of Israel, Norway and Sweden team up to explore retail CBDC
Stanford University recently put forward a new proposal to freeze illicit crypto gains, called ERC-20R and ERC-721R, allowing a short window after a transaction to challenge the theft and possibly recover
Market maker Flowdesk to join with Jump-backed Pyth Network to improve access to blockchain data
Thursday:
Circle intends to make USDC available on five additional blockchain ecosystems including - Arbitrum, Cosmos, NEAR, Optimism and Polkadot by end of 2022 to 2023 and also launching a cross-chain transfer protocol to support USDC interoperability
BlackRock launches ETF in Europe with blockchain and crypto company exposure
SEC charges crypto firm Hydrogen Technology with market manipulation and selling unregistered securities in the form of its Hydro token from which it profited $2M
Cosmoverse attracts the attention of LATAM as it emerges as the next potential hub for crypto innovation despite token price falling in another seeming “sell the news” event
Delaware law enforcement authorities have frozen accounts belonging to 23 entities, including wallets, accounts and individuals involved in “pig butchering” scams, a version of an increasingly common crypto romance scam
Vitalik Buterin’s "Proof of Stake", the (physical and digital) book is out
The Caribbean is pioneering CBDCs with mixed results amid banking difficulties
Friday:
Circle has acquired credit card processing solutions firm Elements, as it looks to quickly scale its payment offering
BlackRock, the world's largest asset manager, filed a new ETF aimed at capitalizing on metaverse-facing companies
Crypto influencer Lark Davis has refuted new allegations from Twitter on-chain sleuth ZachXBT of shilling low cap projects to his audience just to dump them shortly after
Arrested Tornado Cash developer to stay in jail after appeal rejected
NFTs/Metaverse:
Monday:
Disney hiring transaction lawyer for 'aggressive' NFT and DeFi plans
NFT app developers backlash at a decision by Apple to impose a 30% commission on NFTs sold through apps on its marketplace, putting NFT purchases in the same boat as regular in-app purchases and similar to that imposed by Android’s app store Google Play
NFTs will spawn the next Marvel or Disney, says Solana Founder - a juggernaut IP could emerge from the current crop of NFT projects
Dapper’s official NFL platform has topped the NFT charts lately, thanks to rising activity on days when real-world games are played
Stargaze Studio is now live - creators can launch collections without writing a single line of code, all from a friendly web app
DREP $5M in DREP-eco funding to strengthen the plans of DREP to develop NFT-related products and its GameFi 2.0 launch
Axie Esports Grant 3: 160,000 AXS
Metarun - The first phase of the Open Beta Launch — the community launch is now live
Tuesday:
Walmart has joined the list of companies seeking new ways to market their brands via the metaverse with the launch of two new experiences in Roblox. Will let users take part in several new experiences and games, collect in-game coins and tokens, prizes and “verch” (virtual merch)
The Art Blocks NFT creation platform is winding down its Curated Series Sets, with Series 8 set to be the final curated series project, plans branding refresh
Cryptocurrency and fiat exchange hi has launched a debit card powered by Mastercard that users can customize with their own NFT avatars
Pixelmon, a Web3 game project that raised $70M from primary NFT sales, has announced new leadership and development plans
Animoca Brands co-founder Yat Siu thinks that GameFi has the biggest opportunity for growth in Asia, as gamers there don’t hold the same vitriol toward NFTs as they do in the West
Wednesday:
OpenSea lists NFTs from the Layer 2 scaling network Optimism bringing the platform's supported blockchains to six
NFT marketplace OpenSea has awarded a couple of ethical hackers with $200,000 as bounty rewards for finding critical bugs
Xterio, a game development firm valued at $300M, has partnered with the blockchain gaming platform XPLA
Coinbase Cloud and Chainlink Labs teamed up to launch pricing feeds for the floor price of blue-chip NFTs, opening new use cases for jpegs
Christie’s auction house has launched its own dedicated NFT on-chain auction platform allowing auctions to be carried out fully on-chain on the Ethereum network
Build-A-Bear is set to launch a range of NFTs, including one encrusted in Swarovski crystals
The stars from Napoleon Dynamite have all signed on to voice characters in CyKo KO, an animated rendition of Rob Feldman’s comic book with a 12-minute pilot to launch on Web3 streaming service Rewarded.TV
Brendan Greene, the creator of survival shooter game PUBG, says his next game called Artemis will be a metaverse-focused title that will likely have NFT and blockchain elements
UTA signs on NFT artist Diana Sinclair, an NFT artist involved in the $1M Whitney Houston NFT sale
Thursday:
Mythical Games’ Blankos is the first metaverse game to be launched on the Epic Games Store
Fidenza creator's new NFT project, QQL Mint Pass, earns $17M on launch - blacklists royalty-free NFT platform X2Y2, in the ongoing controversy over royalties
Everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectibles and cross-post digital collectibles that they own across both Facebook and Instagram
Warner Music Group partnered with OpenSea to help engage music fans through NFT drops
DJ Seedphrase, an early bitcoin investor and prominent personality within the NFT community, sold his rare CryptoPunk 2924 for 3,300 ETH, or about $4.45M
Illuvium’s co-founder wants to build a series of blockchain games connected to each other, forming an ecosystem of interconnected titles which share NFTs - the interoperable blockchain game (IBG)
The United Arab Emirates Ministry of Economy announced a new 3rd headquarters located in the Metaverse
BNV takes Paris Fashion Week into the Metaverse with K-Pop group Lightsum
Friday:
Solana NFT Star Atlas has released its first pre-alpha gameplay demo on the Epic Games Store, offering fans a long-awaited glimpse of what they might expect in the full version of the MMORPG
Adventure Quest collaboration that unlocks your unique DigiDaigaku Genesis character in Castaways
Japanese gaming giant Sega has signed a deal with Double Jump Tokyo to provide IP rights for a blockchain-based video game series named "Sangokushi Taisen."
BendDAO is considering a proposal for it to build a platform called BendEarn, which will allow staking of ApeCoin tokens and Yuga Labs NFTs
Recent Project Developments:
Monday:
Binance to burn all LUNC trading fees following community feedback
The whitepaper for the revamped ATOM 2.0 upgrade revealed Sept. 26 during the first day of the Cosmoverse conference in Medellin, Colombia
Launching PancakeSwap StableSwap – lower slippage & fees for stable pair trades
TruTrace Technologies and VeChain enter into a strategic integration partnership - will collectively advocate for the use of blockchain within product provenance and traceability
Tezos activates Kathmandu protocol upgrade on its mainnet
Both Ripple and the SEC have filed motions for summary judgment in the $1.3B lawsuit, each seeking to dismiss the lawsuit before trial and asking the judge to rule in their favor
Polkadot Ecosystem Weekly Digest
Sifu, the pseudonymous co-founder of failed Canadian crypto exchange QuadrigaCX, has started UwU Lend, a DeFi protocol forked from Aave
OpenBlock - introducing the first MPC wallet for Aptos
Aragon community voting to transfer treasury funds after dissolving old DAO
Orb - first mobile app fully built with Lens Protocol is here. Inviting 13000+ waitlisted users to the private beta
Introducing Sound Protocol - building web3 tools for artists
WormholesChain will launch a global public test event on September 28
An application uniquely enabled by recursive SNARKs - Isokratia, a trust minimized governance platform with off-chain (free) voting
Nazare is officially live - the Waves of Liquidity have arrived on Solana
Tuesday:
Financial services firm Galaxy Digital has teamed up with Chainlink Labs to bring crypto pricing data to blockchains
Polkadot latest roadmap includes: Asynchronous Backing, Parathreads/Next-Generation Scheduling, XCMv3, FRAME: Weights V2, Governance Overhaul, Collectives Parachain, Nomination Pools & Fast Unstake, Staking Dashboard, Disputes Slashing
Acala Network resumes operations after burning 2.7B in aUSD stablecoin
Bancor proposes burning 1 million BNT tokens to support prices
Wormhole bug bounty pre-release program with top-end payouts of $10,000,000 USDC
Gearbox V2 roadmap - LM, $GEAR transferability, the possible auction
Cross-chain DeFi protocol Umee is stepping into TradFi by creating an institutional lending DAO, called UDX, to help facilitate the transition of bond markets into DeFi lending
HashKey Group launches EPotter, Asia’s first institutional-grade proof-of-stake liquid validation service, and debuts liquid staking token epETH
Ethos launching an early version of Chrome extension crypto wallet built on Sui
Wednesday:
Ribbon Finance announces crypto options exchange Aevo - to launch before the end of the year. New order-book based DEX built on a custom EVM rollup
MetaMask adopts custodial features for NFTs for institutional investors
MetaMask launches beta portfolio dApp for an integrative web3 experience
Celestia will be the data availability solution for Eclipse, who just announced funding to build customizable, modular rollups using the Solana VM
Chainlink CEO Sergey Nazarov unveils plans to launch staking in December, plus a new economic model for the Web3 services platform
South Korean crypto project Klaytn would provide rebates on gas fee payments made by select gaming companies building on its network
Gnosis Safe launches SafeDAO. Safe token airdrop goes live with 43,000 users eligible for reward. Eligible users have until Dec. 27 to claim their SAFE token airdrop
Urbit, the alternative version of the internet that’s been under active development for the better part of a decade, now has a native blockchain and token
Introducing the Ignite blockchain: an all-in-one easy to use solution for launching Cosmos chains from testnet to mainnet
Introduce IVX, an on-chain AMM built in accordance with GMX launching within the next few weeks on Arbitrum
Introducing Nostra Swap - the most efficient decentralized exchange to swap your stablecoins on StarkNet
Introducing Aloe II — the first platform to make AMM returns truly accessible to passive investors
EPNS Rebrands into Push Protocol, the Communication Protocol for Web3
Specular - an optimistic rollup with a novel EVM-native design
Karate Combat, a prominent full-contact martial arts league, announced the decision to form a DAO to transition its governance to fans and athletes
Thursday:
Interbank messaging service SWIFT has linked up with Chainlink Labs on a cross-chain interoperability proof-of-concept project
To meet the growing demand for liquidity, institutions can now borrow from Compound Treasury, using digital assets as collateral
Avalanche: Banff, the upgrade that gives builders more options and flexibility. For the first time, this AvalancheGo update comes with Elastic Validation, giving Subnet creators the ability to allow any validator to secure their Subnet using their native token, and earn uptime-based rewards
Cardano development lab Emurgo will invest over $200M to support the ecosystem’s growth over the next three years
Lightning Labs announced the initial code for new Taro protocol, which will allow users to issue and transfer assets on the bitcoin blockchain and Lightning
Ooki DAO community members have commenced discussions to explore possible fundraising options to defend their case against the CFTC
Loopring L2 DeFi Port
Fortress - Vault - built-in collaboration with Google Cloud, helps enterprises protect intellectual property, confidential documents, and other electronic records on the blockchain
Announcing zkBridge, the first trustless, permissionless, extensible, and efficient cross-chain bridge. With succinct proofs, zkBridge guarantees strong security without external assumptions
Introducing Threads, a Slack replacement designed for makers
Lifinity v2: Introducing the Delta Neutral Market Maker
Dora Grant DAO — Long-term Funding Program
Friday:
Chainlink Economics 2.0
Hashverse - a story-driven, gamified DAO where you shape the future of Hashflow by staking tokens, completing quests & earning rewards
Ethereum scaling and bridge solution Aurora pays out $2M in bug bounties - will be paid out linearly over 1 year
Alchemix has expanded onto Optimism
OlympusDAO is moving away from high APYs
Gemini has submitted a proposal on the MakerDAO forum to boost the adoption of the Gemini dollar (GUSD) stablecoin by paying a fixed yield on the GUSD balance in MakerDAO’s vaults
ParagonsDAO - paving the way for competitive Web3 gaming: partnership with STADIUM & BLVKHVND
Introducing StakeWise V3 - a major upgrade to the StakeWise protocol aiming to help decentralize Ethereum
Introducing Allo - token cap table platform by Exponent
Introducing Gravity - An $ETH-centric Borrowing Protocol
14 ETHOnline finalists
ERC-721M—a standard created by Syndicate that transforms ERC-721 into a platform for highly-customizable social networks and communities—is now accepting developer applications
Fundraises:
Monday:
Binance Labs backs Mysten Labs in Series B funding to drive the development of layer-1 infrastructure
Banking giant Nomura invests in payments firm Fnality and joins its international consortium of global banks
Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5M in seed funding at a valuation of $100M
Web3 decentralized social identification platform TwitterScan has raised $4.56M seed by Redpoint Ventures
Kapital DAO, a leader in Web3 gaming asset management tech, announces funding support from Web3 leaders including Polygon Ventures, Solana Foundation, and Algorand Foundation
Tuesday:
London-based asset manager Fasanara Capital has established a new $350M VC fund focused on fintech and Web3
Bitmain Founder Jihan Wu setting up $250M fund to buy distressed Bitcoin mining assets
Bitcoin Lightning Network leader Strike raises $80M funding round to revolutionize payments for merchants and consumers globally
Crypto derivatives exchange Deribit raised around $40M from existing shareholders at a $400M valuation
Tech venture studio MPCH Labs has raised $40M in a Series A round to develop the next generation of multi-party computation (MPC) technology
Space and Time raised $20M in strategic funding from investors like Microsoft's M12 fund, the venture capital arm of Microsoft, Avalanche and Polygon to bring SQL to web3
Tactic raised $11M to simplify financial operations for businesses in web3 led by FTX Ventures
Binance Labs led a $8.5M seed funding round for Bitquery, a blockchain data company
Solar-powered Bitcoin miner Aspen Creek raises $8M led by Galaxy Digital and Polychain Capital
Krypton, a new DEX, announced a seed round raise of $7M in investment led by venture capital company Framework Ventures, Samsung Next
Billionaire Fosun International co-founder Liang Xinjun led a $6M funding round for open-source software company Smart Token Labs's Tokenscript project
Splinterlands raises $5M in under two minutes with the launch of its Riftwatchers card pack edition
Harpie, an on-chain firewall provider, has raised $4.5M to prevent theft on Ethereum wallets backed by Dragonfly Capital, Coinbase Ventures
Institutional DeFi lending platform dAMM Finance has completed a private token sale round of $2M
Egypt gaming platform InGame Sports raises $1M
Wednesday:
Pantera is seeking $1.25B for a second blockchain fund. First blockchain fund launched last year and had a target raise of $600M
Crypto hardware wallet maker OneKey raises $20M in Series A funding
Solana tech developer Coral raises $20M for ‘xNFT’ blockchain wallets led by FTX Ventures and Jump Crypto
Eclipse raises $15M for customizable modular rollups using the Solana virtual machine
Decentralized insurance protocol Re has raised $14M from investors such as Morgan Creek Capital and Framework Ventures
AQUA, a Web3 community platform for gamers, has launched its flagship marketplace for trading in-game assets and announced a $10M investment from DIGITAL
Glass, a platform and protocol aimed at bringing the creator video market into web3, raises $5M
Blockchain infrastructure project Eclipse raises $15M to build ‘universal layer-2’
yWhales raises $5M for curating an exclusive community of CEOs, business leaders, and entrepreneurs from around the world
Decentralized machine learning protocol ChainML raises $4M led by IOSG Ventures
Magic Square welcomes Huobi Ventures as strategic investor to enter world’s first crypto app store
Thursday:
Sei launches first $50M Sei Ecosystem and Liquidity Fund to back teams building on Sei and bootstrap liquidity from day 1
Morgan Creek Digital leads blockchain onboarding platform Aikon’s $10M raise
Former Revolut employees have raised $3.5M to build a crypto investment app, Solvo, in a round led by Index Ventures
Dragonfly has made a strategic investment into Aptos Labs
Friday:
Uniswap Labs is engaging with a number of investors including Polychain and one of Singapore’s sovereign funds to raise an equity round of $100M to $200M at a valuation of about $1B
Arthur Cheong's DeFiance Capital plans to raise a $100M fund to invest in liquid tokens
Spain’s largest telecom company Telefónica has reportedly led a $29M investment round in Bit2Me, Spain’s largest crypto exchange
Paradigm leads $11.8M funding round into web3 firewall Blowfish
Cybera raises $5M for its intelligence platform that helps fight the growing cybercrime problem with information sharing
Insurtech firm, Yas MicroInsurance, raises $4.5M in a pre-series A funding round led by Noria Capital
Latin American NFT startup Minteo raises $4.3M seed round to Introduce Region to Web3
DWF Labs invests in AirDAO - a DAO governing the Ambrosus blockchain and its collection of dApps
Exchange News:
Monday:
Blockchain firm, Veritaseum, sues Coinbase for $350M alleging patent infringement and potentially unlawfully used the patent to facilitate crypto payments, trading, and staking services
Tuesday:
FTX has won the auction for bankrupt lender Voyager Digital and its assets with a bid of about $1.4B
Brett Harrison is stepping down as President of FTX US. Over the next few months he’ll be transferring responsibilities and moving into an advisory role at the company.
Binance is launching a global law enforcement training program to better prepare government agencies around the world to catch crypto crimes
Robinhood is releasing the beta version of its Polygon-based Web3 wallet, allowing users to swap assets on its non-custodial wallet
Thailand's SEC has sued five entities for creating artificial volume on crypto exchanges Bitkub and Satang Corporation. Wash trading is an illegal practice that is used to lure traders into investing under the guise that a certain asset is more popular that it actually is
The Japanese government to introduce new rules for remittances directed at stopping criminals from using crypto exchanges to launder money by requiring exchanges to share customer information
Wednesday:
Zach Dexter to head FTX U.S. as new president after Brett Harrison announced his resignation as the exchange moves from Chicago to Miami
FTX is considering making a bid for Celsius Network's assets
Trading platform Crypto.com secures regulatory approval to operate in France
Formula One (F1) team McLaren Racing unveiled a crypto-inspired look for its racing cars at an event in Singapore ahead of next week’s Grand Prix as part of a planned partnership with the crypto exchange OKX
Thursday:
Wells Fargo said it would sell Coinbase shares due to increased competition and macro pressures
WonderFi Technologies plans to offer stock trading for customers through one of its crypto trading platforms, Bitbuy
Bittrex, BitGo, six others sign on to crypto market integrity pledge - launched with support from Coinbase and Circle earlier this year, the Crypto Market Integrity Coalition now counts 38 members
Friday:
Official launch of Binance New Zealand following successful registration as a Financial Service Provider
Robinhood adds support to send and receive AVAX
New Listings:
Binance Futures will launch USDⓈ-M ICP perpetual contracts with up to 25x leverage
Axelar (AXL) will become available for trading on CoinList Pro, Gate, MEXC and Huobi on September 27th
EthereumPoW (ETHW) Gets Listed on KuCoin
Research:
Stanford - Reversible Transactions on Ethereum: ERC-20R and ERC-721R - source
Phases of Cosmos - source
Exploring the Cosmos - source
Nansen's Avalanche Quarterly Report - Q2 2022 - source
A Seismic Event - The Great Repricing - source
Polyna - Blockchain apps - source
Macroprudential Considerations for Tokenized Cash - source
The Divine Dichotomy Macro Update: A glimpse into the continuous upticking inflation - source
Analysis of the Wintermute Hack: An Inside Job - source
Wu Blockchain - Opinion: Forecast Market Bottom Appear Time According to the Macro - source
Insights on Token Design - Case Study: Axie Infinity - source
Glassnode - The Great Detox - source
Web3 VC Database // 2022 - source
Aave: The Crypto Conglomerate - source
A Hedge Against Getting Pegged - Manage your risk or risk manages you - source
Exploring Low-Resolution Dynamics of Uniswap Fee Performance - source
Understanding Attestation Misses - source
Huobi Research - The Next Paradigm for NFT Lending and Borrowing Protocols - source
Lessons from my Failed Startup - How not to be a founder - source
Less Noise, More Signal: Web3 Marketing In A Bear Market - source
Risk Assessment: Frax Governance - Does Frax rely too heavily on multisigs? - source
How to lend & borrow NFTs - Enter the world of NFT-fi and bring your jpegs to life - source
Did We Overeat on Software? - source
How to get your marketing team to drive more impact - GACCS: A framework for aligning your marketing, product, and sales teams - source
Chainalysis - How Cryptocurrency Meets Residents’ Economic Needs in Sub-Saharan Africa - source
Variant Fund - When to Launch a Token - source
Nansen's Arbitrum Quarterly Report - Q2 2022 - source
A Framework for Airdrops - source
Why Finality Matters - Reversible transactions impose a hidden cost on everyone - source
NFT Volumes Surge on Solana - source
Crypto Gaming and NFTs: A Nuanced Perspective: Five years on, where have we come, and where are we going? - source
Lawyer's point of view: Is POS's Ethereum a security? - source
CFTC, DAOs, and Why Regulation by Enforcement is Bad for the U.S. - source
The top DeFi resources for traders and crypto enthusiasts - source
Bankless - The Merge (Part III) - After the Merge: token withdrawals; The Surge, The Verge, The Purge, and the Splurge; Proto-Danksharding. How Ethereum will scale, handle MEV, and survive the future - source
Bankless - The Best DeFi Business Models - DeFi verticals have differing market dynamics. Which ones are the toughest to survive? - source
Cosmos - Cosmos: The Evolution of IBC - source
a16z - Regulate web3 apps, not protocols - source
The TIE - Quarterly State of the Market 3Q'22 - source
Why Culture Eats Strategy - The Search For the Winning Formula - source
The Inevitability of UNIchain - A case study for an appchain-centric future - source
What is Market Making? - source
Blockchain and Interoperability: Globalization 3.0 - source
Twitter:
Binance To Implement Terra Classic Burn Mechanism Why - source
Short primer on Play-to-Own & our Web3 Gaming thesis - source
ConicFinance is the final fly wheel on top of $CRV & $CVX - source
The 10 Biggest Macro/Geopolitical Powderkegs Facing Markets Right Now - source
Some thoughts on Layer 3 - source
Next big goal of Ethereum after the merge is sharding (Danksharding) - source
Tokenomics 101 Maple Finance - source
Atom 2.0 quick breakdown - source
DXY going parabolic means final capitulation of risk-on assets - source
The yield curve “suggests” that US monetary policy has not been this restrictive since the ‘80s - source
The "Succession Problem", and why it's important in web3 - source
The case for monolithic blockchains - source
Korean prosecutors allege that Do Kwon tried cashing out over 3,313 BTC through KuCoin and OKX shortly after a warrant for his arrest was released - source
Warrens of RWAs - An Unreal Primer, the industry’s 1st comprehensive guide - source
How web 3.0 may disrupt the $500 billion sports industry… or not - source
Polkadot roadmap highlights - source
Thesis for Avalanche: Research visualized through seven charts - source
What traits make founders successful - source
The story of 0xbaDc0dE, an MEV bot who gained and lost it all in a few hours tonight - source
10 pieces of advice for speeding up your learning process to be a better trader - source
ATOM 2.0 vision highlights - source
Intern notes on Cosmos’ new 27 page whitepaper - source
4Birds1Stone Airdrop Strategy - source
Everything announced at Chainlink's SmartCon 2022 Day 1 - source
Intern notes from the Cosmoverse Alpha Round Table in Medellín - source
DeFi lending landscape - source
Layer 3s have potential use cases that can add value onto the ecosystem stack of their existing Layer 2 - source
Immutable is going to have a mega $200M cliff token unlock in Nov - source
Comprehensive thread for all the current/future finance ppl - source
Crypto Lark - ZachXBT thread - source
Narratives to watch in October - source
Dragonfly strategic investment into AptosLabs thesis - source
The CFTC is going after DAOs — how does this affect you?
Four major announcements for $IMX - source
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