- 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 -
Weekly Data:
From: TradingView, CoinGecko, DefiLlama, DappRadar, CryptoSlam, TokenTerminal, Nansen
Bitcoin:
Bitcoin traded between $20.7k - $24.6k. Currently fighting to reclaim the 200 weekly moving average (dotted red line).
Ethereum:
Ethereum traded between ~ $1350 - $1780. ETH has been outperforming BTC lately. It bounced from its 200 weekly moving average and is currently flirting around the 200 week EMA.
Crypto Market Cap:
This week saw the crypto markets bump up and we’ve been able to hold the 1 trillion total crypto market cap level. We saw a high in November of 3 Trillion.
Highest Volume Coins:
Tether: $417B
BTC: $236B
ETH: $130B
USDC: $47B
BUSD: $43B
SOL: $11.9B
BNB: $11.5B
ETC: $9.4B
XRP: $9.3B
Lowest Volume Coins:
DCR: $10.8M
KCS: $20.5M
USDN: $23.9M
FEI: $28.8M
LEO: $29.4M
USDP: $46.4M
GNO: $55.9M
HNT: $68.4M
HT: $85.7M
NEXO: $100M
DefiLlama DeFi TVL:
Total TVL is at $88.7B, inching upwards
Top protocols by TVL: Largest gainer in the top 10 was HEX with a 23.78% increase and a 57.80% on the monthly level. Biggest top 10 gainer on the monthly level is currently Lido which is up 63.56%
The top blockchains by TVL: Interesting to note that Avalanche is the only top 10 protocol which has not seen positive growth on the weekly or monthly level. Another interesting observation is Optimism just barely missing out on a top 10 spot despite impressive growth over the past week
Token Terminal Revenue:
Protocol revenue are the fees paid to token holders. In other words, this is how value accrues to a token. Important to note that this is NOT profit. Over the past 30 and 180 days, Synthetix, Ethereum Name Service, LooksRare, and GMX stand out as protocols capable of generating revenue towards their token holders despite the bear market.
Nansen Smart Money Token Inflow and Outflows:
Largest Smart Money Inflows this week:
- wETH: $34M
- USDT: $29M
- RSR: $14M
- CREAM: $3.2M
- BOBA: $3.3M
Largest Smart Money Outflows this week:
- aWETH_v2: $21.7M
- USDC: $10.6M
- RPL_new: $5.5M
- cETH: $3.5M
- aUSDC_v2: $2.8M
CryptoSlam Blockchains by NFT Sales Volume (30D):
In the past month:
Ethereum: down 25.10% with $532M in sales
Solana: down 39.09% with $55.6M in sales
BNB: down 8.95% with $18M in sales
DappRadar NFT Marketplaces Volume: (30D) *excludes washtrading*
In the past month:
OpenSea: down 38.65% with $513.43M in volume
Magic Eden: down 42.16% with $67.75M in volume
X2Y2: down 17.91% with $65.4M in volume
CryptoPunks: up 19.89% with $49.63M in volume
LooksRare: down 40.01% with $25.48M in volume
Nansen NFT Market Overview (7D):
Highest Volume NFT collections of the past week:
[Ledger] Market Pass: 5756 ETH volume
BAYC: 3555 ETH volume
ElectricSheep: 3353 ETH volume
MAYC: 2690 ETH volume
Otherdeed: 2597 ETH volume
Nansen Hot NFT Contracts: (7D)
ESION: $960k
BucketsClubFrontNine: $342k
TWDDegenerative: $329k
Destroyand: $324k
StudioZomi: $204k
Weekly Crypto News Recap:
FTX Trading announced a proposed plan with FTX US owner West Realm Shires Inc. and Alameda Ventures to provide early liquidity for Voyager Digital customers with bankruptcy claims. By opting in, Voyager customers would be able to withdraw part of their bankruptcy claims early through opening an FTX account - source - 2nd
Voyager responded to a proposal from FTX and Alameda by claiming that it had “misleading or outright false claims.”The firm argued that the plan to offer customers liquidity on their funds locked up on the platform would harm customers but benefit “AlamedaFTX.” FTX CEO Sam Bankman-Fried said that Voyager’s priority should be to return customers whatever assets it has left - source - 2nd - 3rd
The US Federal Reserve and the Federal Deposit Insurance Corporation issued a joint cease-and-desist letter to crypto firm Voyager Digital over 'false and misleading' insurance claims - source
A list of Celsius customer emails was leaked by an employee at one of the company’s vendor - connected to the same data breach that affected OpenSea last month - source
Babel Finance lost over $280M in proprietary trading with customer funds - source
Following a decline of 1.6% in the first quarter, the US economy shrunk by 0.9% during the second quarter of 2022 - source
Three Arrow Capital’s founders say Terra, staked Ethereum, and Grayscale’s Bitcoin Trust contributed to the firm's collapse - source
Crypto firms could face fallout from SEC insider trading case against former Coinbase employee. SEC will need to prove tokens are securities in Coinbase insider-trading case, legal expert says - source - source
Chinese miners currently have three different opinions on Ethereum’s switch to POS. 1. Supports ETC, 2. forking POW ETH, 3. support for other POWs such as kadena starcoin aleo ckb and conflux. Nearly $5B of graphics card mining machines and ASIC Ethereum mining machines (A11 E9) that need to find a way to continue mining after Ethereum turns to POS - source
Japan Ministry of Economy launches Web3 policy office to bring together the financial regulators and creative industries to formulate the policies on the metaverse - source
Bitcoin miner Core Scientific closed a deal to host 75 megawatts worth of hardware capacity.The agreement will bring in a total of $50M per year in revenue once the miners are fully installed - source
Three funds of Cathie Wood’s Ark Investment Management sold a total of more than 1.4M shares of Coinbase Global (COIN) due to reports that it is being investigated by the U.S. Securities and Exchange Commission - source - 2nd
Tether says it holds no Chinese commercial paper and its total commercial paper exposure has been reduced yet again to ~3.7B (from 30B in July 2021) with plans to further decrease to ~200M by the end of August and to zero by end of October/early November 2022 - source - 2nd
South Korea's Ministry of Justice approved a ban on multiple Terra managers from leaving the country and required notification of entry to Do Kwon, who now lives in Singapore - source
Chipotle Mexican Grill is launching a new interactive game called "Buy The Dip" that will give away more than $200,000 in free crypto - source
Weekly NFTs/Metaverse News Recap:
Yuga Labs threatened with possible class-action lawsuit. The suit likely will allege that Yuga Labs’ Bored Ape Yacht Club NFTs and ApeCoin are securities that failed to deliver on promised returns - source
Meta reported losses of $2.8B for its metaverse-focused division, Reality Labs, as the firm missed on earnings and revenue for the second quarter - source
Apecoin staking expected by Autumn - source
KuCoin has released its first Fractional NFTs of Bored Ape Yacht Club - hiBAYC is an ERC-20 token representing 1/1,000,000 ownership of one BAYC in the collection vault - source
Magic Eden on expectations of Launchpads and the role of the buyer after Degen Town launched a stealth mint with no roadmap. That project’s socials were subsequently hacked and they have independently had their own challenges - source
Sumitomo Mitsui Financial Group (SMBC Group), which runs one of Japan’s largest banks, will work together with blockchain startup HashPort to develop NFT and Web3 projects - source
The Federal Trade Commission filed suit to stop Facebook from acquiring Unlimited and its virtual reality fitness app to stop Facebook from monopolizing the metaverse - source
The Sandbox partners with Gravity to introduce Ragnarok to the metaverse - source
Binance has launched the pilot of its NFT ticketing solution with football club Società Sportiva Lazio for the 2022 to 2023 season - source
Solana-based data platform Step Finance has acquired NFT data insights platform SolanaFloor - source
Omni X launches website and announces Omnichain NFT Marketplace Beta - powered by Layerzero Labs' omnichain protocol - source
Miami plans to roll out an NFT collection with the help of Mastercard, Salesforce and Time - launch in December, after the Ethereum Merge. 5,000 NFTs designed by 56 local artists to represent the 56 square mile area of the city - source
Yuga Labs Teased Upcoming Utility For Meebits and from now on will get a 5% royalty on secondary sales of Meebits (on OpenSea, LooksRare, etc) - source
Professional English soccer team Crawley Town F.C. signs midfielder after community vote by fans and NFT holders who were recently given a voice on what type of player the team should recruit next - source
Macro Hackathons, the first hackathon focused solely on pushing the frontier of what's possible with NFT Finance - source
Tron film producer Donald Kushner creates Web3-inspired Cryptosaurs NFT collection - source
Crypto market maker GSR kickstarts NFT market making project with focus on generative art - source
Artist Damien Hirst to burn 4,851 paintings in NFT project. Buyers given the option to keep the token or trade it for the physical painting. The original artwork will be burnt for those who chose to keep the NFT version - source
Ukraine Cyber Police’s NFT collection will be sold via auction on Boca Chica dedicated to the efforts of support to Ukraine, first government-backed NFT sale - source
Steve Aoki is entering The Sandbox. 3,333 avatars - each playable inside The Sandbox unlocking unique functionalities & giving owners the possibility to earn $SAND - source
Twisted Tea Hard Iced Tea is partnering with Sesame3, a web3 platform for brands, to launch its first-ever NFT - source
Pulp Fiction NFT Lawsuit: Miramax V. Tarantino - A preview of what’s to come - source
Last week in collaboration with theCHIVE online community and its branding subsidiary Project Venkman, actor and comedian Bill Murray successfully launched the first drop of his Bill Murray 1000 NFT collection - the first issuance for Coinbase’s beleaguered NFT marketplace - source
Play-to-earn Bitcoin firm ZEBEDEE and blockchain game developer Viker are teaming up to reintroduce three classic games that allow you to earn Bitcoin - source
GetFit, a mobile software developer offering health and fitness apps, has announced plans to launch its new move-to-earn blockchain-based gaming platform, along with a Web3 digital token on its BSC-powered NFT Marketplace - source
HARTi and Mitsui Sumitomo roll out NFT insurance coverage for claims - source
Dubai Police to rollout second NFT collection during Gitex 2022 - source
Linkdood Offers an Exclusive and Secure NFT Community Platform for Businesses Globally - source
Gods Unchained developer Immutable lays off around 8% of staff (~20 employees). In June launched a $500M fund for web3 game adoption and also raised $200M in Series C funding in March, reaching a $2.5B valuation - source
Hackers targeting Bored Ape Yacht Club and other NFT projects are part of a wider network using compromised Discord server administrator accounts - source
Launch of [ LEDGER ] Market, the world’s first-ever secure mint and secure distribution platform for curated NFT drops from influential and leading cultural brands and artists mints out in 24 hours - source
Biggie Smalls’ Estate Goes Crypto With Music License NFTs on OneOf Marketplace. The collaboration lets NFT holders vote on licensing for one of the late rapper’s famed freestyles. NFTs are based on the Polygon and Tezos blockchains - source
The Wharton School out of the University of Pennsylvania launched a six-week online course about business in the metaverse -“Business in the Metaverse Economy” is one of the first business courses about the metaverse to come out of an Ivy League school including such classes at Duke University and Stanford University - source
Weekly Recent Project Developments Recap:
Bitfinex, Tether and Hypercore announced the launch of a fully encrypted platform, Holepunch, for building peer-to-peer applications. As part of the initiative, launched Keet, an encrypted application capable of facilitating real-time audio and video calls, text chat and file sharing. Have invested $10M to date in the new project and plan to invest up to $100M more - source
Blockchain infrastructure company Chain completes $100M acquisition of MDT token ecosystem. Will involve a token conversion in which MDT will become Chain's native token XCN - source
Moonbeam is now integrated with Osmosis to allow token swaps from Polkadot to the Cosmos ecosystem. Axelar network will serve as the bridge infrastructure for the cross-chain swaps - source
Audius was hacked using a malicious governance vote. The hacker transferred 18M AUDIO tokens and sold them for $1.1M - source - 2nd - 3rd
Aurora Launches $VOTE token - Empowering its Community with DAO Governance. Earned by staking $AURORA on Aurora+ - source
Curve Finance applies for 1M OP token grant from Optimism to be distributed to liquidity providers on Curve’s Optimism pools. Curve says the grant will incentivize liquidity on Optimism - source
Druglike, a Web3 drug discovery software platform co-founded by Martin Shkreli, released a demo, website, and whitepaper detailing its efforts to democratize the costs, access, and rewards of computational drug discovery - source
Harmony Reimbursement Proposal for $100M Horizon Bridge Hack Incident - Either a 100% reimbursement via 4.97B new ONE tokens, or a 50% reimbursement with 2.48B ONE tokens. Causes backlash due to inflationary pressure such issuance would cause - source
Lido DAO votes no to selling 1% of the LDO supply worth $14.5M to Dragonfly Capital with ⅔ majority vote against. ~ 600 DAO members participated. Lido proposes new terms for treasury token sale to Dragonfly Capital. Still calls for selling 10M LDO tokens to Dragonfly. However with a one-year lockup. The lack of a vesting requirement in the previous arrangement was a major issue for the Lido DAO community - source - source
Five projects to keep an eye out inside of the Aptos ecosystem: Stablecoin project: Thala Labs, DEX project: Pontem Network, Oracle project: Switchboard, Money market: Vial, Wallet: Martian - source
SushiSwap has proposed that the community should hire Jonathan Howard as Head Chef, an official title given to the project’s chief executive officer. Going through a temperature check on Sushi’s governance forum - source
Polygon Q2 stats: 5.34M unique addresses, a 12% increase from Q1. Total Q2 transactions increased 4% to 284M and network revenue was $5.56M. Average cost per transaction fell 49% to $0.018 - source
Introducing Synapse Chain: A novel smart contract execution layer built atop Synapse’s generic cross-chain messaging system and value bridge - source
Clearpool, an uncollateralized stablecoin lending protocol, has expanded to Polygon - 2nd blockchain for Clearpool after its Ethereum launch in March 2022 - source
A Solana-themed store is set to open its doors in New York City. Called Solana Spaces, the new store is located in Hudson Yards and is being launched in collaboration with the Solana Foundation - source
Oasis Labs has become Meta’s technology partner and will use its platform to safeguard information. The project will advance fairness measurement in AI models - source
Nirvana, an algorithm stablecoin protocol based on Solana has suffered a flash loan attack of $3 million- source
Ethereum final update before the Merge: Goerli/Prater Merge - Prater will run through the Bellatrix upgrade on August 4th, and merge with Goerli between August 6-12th - source - 2nd
Ethereum daily active addresses reached a new all-time high. Over 1.1M addresses made an ETH transaction - source
Lossless - Aegis private beta version is live, a B2B tool that facilitates proactive monitoring of suspicious activity. Projects will be able to automatically prevent potential flash-loan attacks, prevent their systems from interacting with malicious actors - source
SushiSwap Pay Package for New ‘Head Chef’ Sparks Outcry as Community Votes. Would receive $800,000 in stablecoins annually plus 600,000 SUSHI tokens over a four-year vesting period, with an additional 350,000 SUSHI set aside for bonuses to be awarded as new products are shipped - source
NETGEAR to Support Solana Blockchain With the Integration of Phantom Wallet Into the Meural Platform - source
Amberdata to Deliver Comprehensive Data on Avalanche to Institutional Market Participants - source
Cronos Accelerator Program: Cohort 1 Announcement - 9 promising projects to be the inaugural participants in the $100M Cronos Accelerator Program - source
Aztec Network announces the open source EVM assembly language Huff - is a simpler programming language that allows users to program directly in EVM machine code - source
Osmosis Ecosystem Spotlight: Void Protocol - source
Fantom held a governance vote to divert a third of its burn fees to fund a new vault to support ecosystem projects. The vote passed with almost 100% approval from all participants. Will use 10% of its transaction fees, a third of current 30% burn fee. Burn rate will reduce to 20% - source
Mirror launches web3 subscriptions. Allows readers to subscribe to any Mirror publication with their crypto wallets and receive email notifications - source
Tokenomics 101: dYdX simple mechanisms, pathway to decentralization & potential tokenomics upgrade - source
Pangolin, a DEX on the Avalanche network, will debut on the layer-1 blockchain Flare network. Pangolin will be able to see new cross-chain token pairs, offer in-dApp swap functionality to partner projects, and bootstrap liquidity for the network - source
Quadrata is live on Ethereum Mainnet. Quadrata Passport allows users to prove their ‘humanity’ and the KYC/AML status with a goal to broaden the range of services accessible on-chain - source
Protecc is a dedicated ecosystem partner & market maker specifically focused on bolstering NFT liquidity + facilitating growth operations through a variety of NFT financialization protocols - source
Algorand names COO W. Sean Ford as new interim CEO. W. Sean Ford - previously chief operating officer at the blockchain company - will succeed Kokinos, who will remain as a senior advisor until mid-2023 - source
The first structured product on StarkNet: earn JediSwap liquidity fees in 1-click - source
Safe is planning to release a token, but the timeline isn't set. Until then can buy Gnosis Tokens for now due to Safe being linked to parent company, Gnosis - source
EY, one of the world's four largest consulting and accounting firms, has built an Ethereum-based system to help big businesses manage their carbon footprints and satisfy environmental, social and governance (ESG) mandates - source
DeFi.org Accelerator: Polygon and Orbs Special DeFi Round — Participating Projects Announcement - source
Jungle DEX 2.0: Permissionless Innovation With Automated And Decentralized Listing Process - source
Introducing Kadena Eco's Inaugural Grant Cohort - source
The Central African Republic has raised $1M from the sale of its Sango Coin crypto on the first day of the public sale. Public sale price of $0.1, and a 1-year lock-up period. It runs on the Bitcoin sidechain and will Grant holders Citizenship Program, e-Residency Program, Land Property acquisition, etc - source - 2nd
Starknet Hackathon best projects - alpha - source
Polkadot Ecosystem Weekly Digest. July 18th — July 24th/2022 - source
Saber DAO Accelerator Program - source
Sablier was deployed on Ronin, the network powering Axie Infinity - source
CoinList Seed Summer 2022 Batch: Arrow Markets, Candy Shop by LIQNFT, Decent, Loop Crypto, Mystiko.Network
ZKasino testnet on zkSync 2.0 is now live - source
SyncSwap Testnet Badge Campaign: Giving away exclusive badge to testnet participants - source
Memecoin Teddy Doge 'Soft' Rug Pulls $4.5M Worth of Tokens, says PeckShield - source
KyberSwap Announces New Protocol: KyberSwap Elastic - source
Radiant capital went live - aims to be the first omnichain money market, where users can deposit any major asset on any major chain and then borrow across multiple chains - source
FOMO Pay to utilize Ripple’s On-Demand Liquidity for crypto-enabled treasury management - source
Arbitrum One upgrade to the Nitro - plans to upgrade mainnet within a couple of weeks after a successful testnet migration - source
Drippie: How Optimism automates Ethereum - a trust-minimized Ethereum-native conditional transaction system - source
Lottery.com Inc. announced that it has selected Algorand blockchain to support the development of Project Nexus, a blockchain-based gaming platform - source
COTI Expands Chainlink Keepers Integration With Launch Of Armadillo, its new impermanent loss protection platform - source
ENS.vision- specialized marketplace for ENS domains - source
Open Forest Protocol (OFP) is now live and ready to onboard forestation projects on the carbon neutral Near Protocol - source
Winners of the Boba Network x Dora Hacks hackathon: MedievalDAO, Histopia, BigBullGamers - source
Chia Network, the energy-efficient blockchain and smart transaction platform, will replace its 7-month-old chia asset tokens (CATs) with a new token to address a security vulnerability - source
SeiNetwork Testnet - source
OlaVM - An Ethereum compatible ZKVM - source
Decentralized rts game, built with zk-snarks on ethereum and gnosis chain - source
Backd rebrands to Mero - source
The “Carbon Removal DAO” has been launched on the EarthFund platform, a DAO platform for crypto-native crowdsourcing for ideas that improve humanity to identify and support community-led carbon removal projects as well as initiatives addressing climate change - source
A Mercedes-Benz Group subsidiary, Daimler South East Asia, has partnered with Polygon to develop a data sharing system named Acentrik - source
Arbitrum has begun testing its Nitro upgrade and, assuming the test goes well, will implement it within a few weeks. The upgrade is designed to increase the number of transactions the network can process while lowering costs - source - source
Cardano’s anticipated Vasil hard fork delayed again due to further testing - could be a few more weeks of delay - source
Spice DAO - formed to buy Alejandro Jodorowsky's storyboard collection known as the "Dune Bible," plans to dissolve and pay out holders of the Spice token in ETH - source
MultiDAO is coming - source
ZED Token launches - source
Introducing PowerAgent v2 Automation Network - source
Introducing Dialect Creator Tools - The solution isn't fixing Discord. It's unbundling it - source
Weekly Fundraising Recap:
Crypto venture investment firm Variant has raised $450M across two new funds targeting the beleaguered market for Web3 and DeFi - source
Layer 1 Aptos closes $150M round led by FTX Ventures, Jump Crypto plus investment from a16z crypto, Multicoin Capital and Circle Ventures - source
UK-based banking giant Barclays takes up stake in $2B cryptocurrency firm Copper - source
Unstoppable Domains, a firm building out digital identity markers as NFTs, raised $65M reaching a $1B valuation in Series A funding led by Pantera Capital. Will reduce friction of crypto payments between applications, and to build out reputation-based reward programs - source
Web3 Gaming Company Ambrus Studio’s token funding has reached valuations of up to $65M. The round was led by Spartan Group & M13 - source
Gary Vee’s VeeFrieds Raises $50M in Seed Funding Led by a16 - source
Reltime, a Layer 1, Proof of Authority Web3 ecosystem, Raises $50M - source
Web 3.0 casino game distribution platform Vegas One raises $50M - source
Aftermath Islands Raises $25M to accelerate product roadmap, adoption of the Aftermath Islands Metaverse and scaling the ecosystem while supporting the growth of NFTs - source
Cross-chain messaging protocol Nomad raised $22.4M in seed funding round led by Polychain. + Coinbase Ventures, OpenSea, CryptoCom Capital, Wintermute, Gnosis and Polygon - source
Topl, creator of a purpose-built blockchain that helps companies track sustainable initiatives, raised $15M - source
Sweat Economy, the team behind health app Sweatcoin, closed a $13M round led by Spartan Capital - source
Aurigami, a DeFi protocol based on the Aurora network, raised $12M in token rounds. Dragonfly Capital and Polychain Capital co-led the private token round - source
Cybersecurity protocol Naoris raised $11.5M in an equity and token sale with participation from Tim Draper’s Draper Associates to create a decentralized proof-of-security consensus mechanism by the end of 2022. - source
NFT tooling company Center raised $11M in a seed funding round. The company is attempting to index and organize every NFT on every chain - source
Web3 game Mighty Action Heroes raised $10M in funding round led by Framework Ventures - source
Space and Time, a decentralized data warehouse for blockchain applications, raised $10M in a seed round led by Framework Ventures - source
AntPool, the mining pool affiliated with mining rig giant Bitmain, has invested $10M to support the Ethereum Classic ecosystem and plans to continue investing more - source
New York City's Interplay is raising $10M for new blockchain fund to invest in early-stage startups, tokens, special situations and other strategies within web3 - source
Mighty Bear Games Raises $10M - New game Mighty Action Heroes will be powered by Polygon - source
Launch House, a startup incubator, debuts a $10M fund called House Capital towards Web3 and to invest in early-stage companies building for the “new Silicon Valley" - source
Stadium Live Raises $10M - sports game - source
Root raises $9M to build on top of hacked stablecoin issuer Beanstalk who lost ~$182M in April in a governance attack - source
DSCVR, a blockchain-based social network built on Dfinity’s Internet Computer protocol, has entered the race to build a scalable DeSo platform with $9M in seed funding led by Polychain Capital - source
Digital hobby startup Magicave Raises $6.4M - source
Quasar Finance Raises $6M to help bring mass adoption to DeFi on Cosmos - source
Sumo Signals Raises $5.5M for pioneering AI-based crypto technology - source
Lending and borrowing platform CLST has attracted investment from the venture arms of crypto exchanges Coinbase and Kraken for its seed funding round, which raised $5.3M - source
reNFT Raises $5M towards shaping the future of the virtual economy, accelerate GameFi and build the standard for NFT rental infra in the metaverse - source
Jupiter Exchange has closed a $5M seed funding round led by White Hilt Capital in order to build out its alternative asset exchange using fractional NFT technology - source
Metaverse infrastructure company Condense closes $4.5M seed round with plans to live stream real-world events into the metaverse - source
Artfi Raises $3.26M to build a fine arts NFT marketplace - source
Web3 media company Trustless has raised a $3.25M seed round led by Alameda Research with participation from Ava Labs - ets creators tokenize TV productions with NFTs - source
Crypso, a community-led crypto investing platform, Raises $3M - source
ILUMA Raises $2.5M - the 'Superhuman of web3' with its AI-powered inbox and platform for DAO builders to power the future decacorns of web3 - source
Gatenox Raises $2.5M to aid crypto KYC/AML compliance - source
TON-based fan engagement platform Fanzee has raised funds worth $2M to evolve its sports fan ecosystem - source
Socket Raises $2M To Plug Privacy Into The Right Web3 Socket - source
Coinfeeds Raises $2M, a startup that lets people monitor the social media mentions and activity of web3 and NFT projects - source
STFX Raises $2M - Single Trade Funds exchange - source
Genesis Universe Raises $2M - The first metaverse of ancient civilizations - source
DeFi Project ChangeX Raises $2M - source
Interoperability-Focused Protocol Kima Closes $1M Funding Round with Investment from Blockchange Ventures - source
Algorand NFT card game Alchemon raised $1M in seed round led by Borderless Capital - source
Blockchain development company EvaCodes raises a $500,000 round from the Web3-oriented Hypra fund - source
Strive Raises $500K to launch marketplace and fractionalize bluechip NFTs - source
Coinzix, a Romania-based cryptocurrency exchange, raised $300k in funding to add new features and projects, like its own cryptocurrency, a launchpad, a debit card, and the expansion of its crypto ATM network- source
Cardano Accelerator Adaverse Invests in Afriguild’s Mission to Onboard Africans Into Web3 - source
Weekly Exchange News Recap:
The CEO of crypto exchange KuCoin says it is launching an "Anti-FUD Fund" to track down and potentially take legal action against "FUDers" and educate crypto users on identifying misinformation - source
KuCoin has joined the RocketX network of liquidity providers to help users with the best rates from Binance, 1inch, Paraswap, Uniswap, etc with 200+ exchanges. RocketX is the “Multi-Chain” CEX & DEX aggregator that helps users swap any token on ANY chain - source
FTX.US has opened stock trading to users in all 50 American states - won’t be charging trading fees or use a Robinhood-like payment for order flow business model - source
The SEC is investigating Coinbase for allowing trading in several tokens that should have been listed as securities. Coinbase reply to SEC investigation: Coinbase does not list securities. End of story - source
Kraken is under federal investigation, suspected of violating U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital tokens - source
Cryptocurrency exchange Bitstamp has obtained approval to operate in Italy - source
Crypto Exchange CoinFLEX slashes team amid cost-cutting push. The significant downsizing will lower costs by about 50-60% - source
Zipmex is in conversations with multiple entities, and one of them has even offered terms in a Memorandum of Understanding (MOU). Thai investors affected by Zipmex's withdrawals' pause can submit information about their losses via an online forum on the Thai SEC’s official website - source - 2nd
Thailand-based cryptocurrency exchange Zipmex is seeking bankruptcy protection against legal action from creditors - source
Zipmex is seeking to raise about $50M to repair its balance sheet - source
Weekly New Listings Recap:
Binance Adds FIDA, LDO on Cross Margin and Isolated Margin, Lists New FLM, KMD Cross Margin Pairs - source
@utorgcom listed $USN - source
Coinbase will add support for Nest Protocol (NEST) on the Ethereum network - source
Binance Futures will launch BUSD-margined ETC perpetual contracts with up to 20x leverage - source
Wombat (WOMBAT) Gets Listed on KuCoin - source
Origin Dollar Governance (OGV) Gets Listed on KuCoin - source
NFT ETF - hiBAYC Gets Listed on KuCoin - source
Binance Futures Will Launch BUSD-Margined LDO Perpetual Contracts with Up to 20X Leverage - source
Binance Futures Will Launch Coin-Margined OP Perpetual Contracts with Up to 20X Leverage - source
Weekly Research Recap:
Messari State of Friktion Q2 2022 - source
A16z - defining stablecoins; latest on NFTs; policy moves - source
Ambition made to counteract ambition - DAO governance and bicameralism - source
Multi-Party Computation (MPC) 101 - the hot new acronym on the street being popularized by giants like Coinbase and Fireblocks - source
What's going on with Optimism - source
10 Metaverse Jobs That Will Exist by 2030 - source
Messari - Allbridge: Stablecoin Bridging, Unwrapped - source
An Analysis on GHO — Aave's Stablecoin - source
Ethereum’s Rollup Race: What is a ‘True’ zkEVM? The ZK rollup race between Ethereum layer 2s Scroll, Polygon and Matter Labs may come down to definitions - source
LayerZero: Omnichain Interoperability Protocol - Blockchain Interoperability: A Prevailing Need in the Industry - source
The State of ATOM Staking: July 2022 Report - source
The Macroeconomic Impact of Cryptocurrency and Stablecoins - source
Comparing the Profitability of DEXs Not Revenue, Profit - source
Dove Dispatch #62 - $364M Raised Across 26 Funding Rounds - source
Future of DeFi: Top 7 Trends Based on Analyzing 25 Protocols - source
Coin Metrics' State of the Network: Issue 165 - Exploring the Time-Based Patterns of Blockchain Activity - source
Sam Wants Your Coins - Alameda / Voyager Update - source
True Network Value: A Novel Throughput Metric - source
Umami x Tracer Skew Farming- Deep dive into Delta Neutral Vaults on Umami and the Skew Farming Strat - source
Dynamic NFTs, also known as Living NFTs, use smart contracts to change based on external data sources. How they work - source
Into the Dataverse - A future where everyone in the world is building applications on the same networked, composable data layer - source
Yearn Finance H1'22 User report - source
Pandemic to Contagion: a Cycle in Review - source
DeFi ecosystem research framework - source
The Application-Specific Chain Thesis - Why The Wider Cosmos Ecosystem Is Set to Flourish - source
Abacus Deep dive - source
Dark Forest DAO: Games as mediums of technological experimentation and exploration - source
A Road forward for Web3 Gaming: 5 Theses on incorporating crypto into games - source
A comprehensive and updated timeline of the recorded and documented DeFi exploits - source
Why We Invested in Persistence - A liquid staking hub building an economy around PoS assets - source
Autograph 101: What Are Autograph NFTs? - source
10 Practical Uses of NFTs - Breakthroughs that will change society in the next 10 years - source
Why Blockchain Is Terrible For Ticketing - source
Nansen: Stablecoin yield farming - source
Redeem-and-retain NFTs are the future of luxury goods. Why utility is the hottest trend in NFTs - source
Anticipating Money & Credit Creation - source
Weekly Twitter Recap:
Decent precedent to find ETH to not be a security in a post-merge environment - source
Crypto is set to hit 1 BILLION users by 2030 - 5 things to know - source
“DeFi” is a poor term, should have been called “on-chain finance” - source
ZK-EVMs explained - source
NFTs & DeFi: Lending Markets - source
Lessons from minting NFTs - source
Delphi "Future of Crypto Gaming" summarized - source
28 principles for Web 3 founders - source
SEC case and rules of the road for web3 builders - source
Layer 2 Landscape updates - source
Synthetix V3 - source
Router Protocol: lack of cross-chain interoperability - source
New OmniChain Lending Protocol Launching On Arbitrum - Radiant Capital - source
'Velodrome Wars' - source
Polygon has the best biz dev in crypto? - source
On chain data - source
Digital assets sit in a bizarre no-man’s-land between the cascade of liquidations in June and a series of macroeconomic and crypto-fundamental catalysts on the near term horizon - source
Bitfinex, Tether, and Hypercore launched Keet, a new P2P chat app w/ #Bitcoin payments support - source
Wonderland Finance is back - source
The state of yield leveraging protocols - source
Thoughts on crypto cycles - source
USDC vault design - source
The average cost average that $ARKK purchased $COIN at was $254.65 - sold @ $53 - source
Top 7 trends coming for DeFi - source
Coinbase x BAYC - THE DEGEN TRILOGY: PART ONE - source
Mysten Labs & Sui: vs. Aptos, other L1s - source
Optimistic rollups (ORs) in practice - source
Validity Proofs Are Not Effective for Bridging Blockchains. What are validity proofs and why they are not an adequate stand-alone solution for bridging - source
Revolution happening at the center of De-Fi - Flywheel - source
The Lockdrop and Liquidity Bootstrap Auction: Still a Good Token Launch Mechanism - source
Cosmos vs Polkadot - source
Aptos - source
Sudoswap - source
Sudoswap DEX for NFTs might play out - source
More Sudoswap - source
Navigating The Macro Craziness As A Crypto Degen - source
Powell hikes 75 basis point and yet Nasdaq & Bitcoin are going to the moon - source
Last 5 recessions, and how this one may be different - source
Perverse incentives created by the SEC’s regulatory record - source
What is Web 2.5 & how is it different from Web3? - source
New tokenless protocols/dapps and how to participate in them - source
Why someone would want their own appchain - source
Mechanism Capital on Defi areas they’re tracking closely - source
Sei Network deep dive - source
Aptos vs Sui - source
The World Computer and Ethereum - source
sudoAMM: NFT Finance Summer - source
July is on track to be the best month for ETH since Jan 2021 - source
Nansen’s smart money feature - source
Managing RISK - source
Math behind Automated Market Makers - source
Are Web3, crypto, and NFTs really about decentralization anymore? - source
The Law Commission of England and Wales paper about how property rights relate to bitcoin and other digital assets - source
Free Etherscan features that most users don't use - source
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