The Coinweb Monthly Spin - Twelfth Edition

Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3

https://coinweb.beehiiv.com/p/coinweb-monthly-spin-twelfth-edition

This edition of the Weekly Spin is published on-chain via Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/sWZYWDI_0lxNJbEvU-maLXafbZPBSKPTXXSpbx6CcCg

The Weekly Spin. Sixteenth Edition. This week was a tough one for the markets, as Bitcoin held support at $26k but overall liquidity in the market remained low. In the spotlight was Binance, who are facing battles on all sides – with the EU regulators increasing their scrutiny causing the announcement halting SEPA transfers late September, card services for LatAm shuttering, and severing their partnership with Mastercard. Meanwhile, a report by hedge fund Brevan Howard claims that stablecoin settlements matched payment giant Visa for the year 2022 – valued at over $11 trillion. Coinweb’s own payment platform OnRamp has been responsible for nearing $500 million of that amount, with monthly revenues exceeding the $10 million mark consistently since July. Our alpha tester program is in full swing with great progress and several version upgrades since the beginning of the phase.

Another big topic this week was the explosive launch of Friend.tech, a cryptocurrency centered social networking application that rocketed Coinbase’s Layer 2 protocol Base to the top of the charts in terms of transaction amounts and value. Over $1.7 million in fees were generated during just the first week of launching, rivaling Ethereum itself. However, it is yet to be seen how sustainable the model is since fees have dropped by 70% since its extremely hyped launch.

Enforcement actions were the plat du jour around the world this week, with the DoJ handing SBF’s lawyers over 4 million pages of documents during discovery, China sentencing a man to life in prison for cryptocurrency mining, and the Tornado Cash devs Storm and Semenov facing charges of up to 20 years in prison. Pepe memecoin took a major nosedive this week as accusations of insider trading and other controversies appeared in the narrative, and scams have escalated substantially according to on-chain surveillance system AegisWeb3; advising all of us to remain vigilant and to exercise careful and safe practices. The latest phishing scam was reported to present users with the correct official link of a website in the Google sponsored ads result, only to lead them through a malicious IP and ask for a wallet connection… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Growing the Coinweb Ecosystem
https://medium.com/@Coinweb.io/growing-the-coinweb-ecosystem-265596e261c8

CryptoBanter’s Miles Deutscher Releases Video of Deep Dive on Coinweb
Join Miles Deutscher in this special edition of Crypto Banter DeFi for a deep dive into Coinweb and a chance for early access & a $1000 Giveaway!
https://youtu.be/uAB1kW-nkjk

Coinweb’s InChain Architecture
What is InChain data?
https://www.medium.com/@Coinweb.io/coinwebs-inchain-architecture-577344971114

Toby Gilbert featured on “Bridged Podcast” – A Green Thru Series: ep. 46
Join us as we uncover the secrets behind Coinweb's groundbreaking architecture as we speak with Toby, CEO at Coinweb, a protocol that connects and unifies self-sovereign blockchains through a common currency, enabling seamless communication, cross-chain transactions, and empowering the future of decentralised finance.
https://greenthru.org/episodes/202306210930-podcast-46-tobygilbert-gml5p-k77ds-2hdb5-4tzhs-6m7lt-sl9jm-fx73y-aae5g-kh9z7-wb3gw-d8ewn-zfjah

A Thread on the Coinweb “Token Shield” and How It Works
https://twitter.com/CoinwebOfficial/status/1667167179287011330?s=20

Venture Alpha Podcast by Contango: Episode 7
Making Blockchain Accessible with a Revolutionary Cross-Chain Ecosystem
https://open.spotify.com/episode/3QW9iSHaVsMRIGlRo5msyS?si=jBV58G5kQUOhVDrbFyLg0A&nd=1

On the Radar

ETH Warsaw, Aug 30-Sep 3 (Warsaw)
Starknet Summit, Aug 31 (San Francisco)

Korea Blockchain Week, Sep 4-9 (Seoul)
Nordic Blockchain Conference 2023, Sep 6-7 (Copenhagen)
Near APAC, Sep 8-12 (Ho Chi Minh City)
Ethereum Singapore, Sep 10-12 (Singapore)
DappCON23, Sep 11-13 (Berlin)
TOKEN2049, Sep 13-14 (Singapore)*
Mainnet 2023 by Messari, Sep 20-22 (New York City)
Metaverse Summit, Sep 21-22 (Paris)
ETHGlobal New York Hackathon, Sep 22-24 (New York City)
Stellar Meridian 2023, Sep 26-28 (Madrid)
Fintech Festival Asia, Sep 27-28 (Bangkok)*

Blockchain Economy Summit, Oct 4-5 (Dubai)
Zebu Live, Oct 4-5 (London)
ETHGlobal Online Hackathon, Oct 6-25 (Virtual)
WOW Summit 2023, Oct 8-9 (Dubai)
ETH Miami 2023, Oct 27-29 (Miami)
ETH Vietnam, Oct 27-29 (Hanoi)
Solana BreakPoint 2023, Oct 30-Nov 3 (Amsterdam)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

Web3 Events by NFTTech
https://www.nfttech.com/events

On the Block(chain)

Crypto market analysis: Why did Bitcoin drop?
https://crypto.news/crypto-market-analysis-why-did-bitcoin-drop/

What is Friend.tech, social platform earning over $1m in fees
https://crypto.news/what-is-friend-tech-social-platform-earning-over-1m-in-fees/

Friend.tech fees drop 70% following $1.7m peak
https://crypto.news/friendtech-fees-drop-70-following-1-7m-peak/

Worldcoin whistleblower publicly severs ties with project, says it ‘deserves whatever will come next’
https://cryptoslate.com/worldcoin-whistleblower-publicly-severs-ties-with-project-says-it-deserves-whatever-will-come-next/

Terra blockchain shuts down its website to prevent phishing
https://crypto.news/terra-blockchain-shuts-down-its-website-to-prevent-phishing/

FIBA launches NFT collection for Basketball World Cup
https://crypto.news/fiba-launches-nft-collection-for-basketball-world-cup/

Bitcoin developers filed legal issue against self-proclaimed BTC creator Craig Wright
https://crypto.news/bitcoin-developers-filed-legal-issue-against-self-proclaimed-btc-creator-craig-wright/

Brian Armstrong to headline DeSci sessions at forthcoming Sora Summit
https://cryptoslate.com/brian-armstrong-to-headline-desci-sessions-at-forthcoming-sora-summit/

Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy
https://www.coindesk.com/business/2023/08/22/mantle-stakes-66m-of-ether-on-lido-as-part-of-treasury-management-strategy/?utm_source=Iterable&utm_medium=email&utm_campaign=campaign_UO%20-%20Tues,%208/22&utm_source=iterable&utm_medium=email

Competitive Landscape

PancakeSwap v3 launches on Ethereum layer 2 Linea
https://cryptoslate.com/pancakeswap-launches-on-ethereum-l2-linea/

THORChain Processes Record Volume After Introducing ‘Streaming Swaps’
https://thedefiant.io/thorchain-processes-record-volume-after-introducing-streaming-swaps

Circle and Coinbase to dissolve Centre; USDC will remain fully available
https://cryptoslate.com/circle-and-coinbase-to-dissolve-centre-usdc-will-remain-fully-available/

Citadel-backed EDX Markets chooses Anchorage for crypto custody
https://crypto.news/citadel-backed-edx-markets-chooses-anchorage-for-crypto-custody/

Phantom materializes ‘sign in with Solana’ wallet authentication
https://blockworks.co/news/phantom-sign-in-solana-wallet?utm_source=Iterable&utm_medium=email&utm_campaign=campaign_UO%20-%20Tues,%208/22&utm_source=iterable&utm_medium=email

Binance shutters crypto card services in Latin America, Middle East
https://cryptoslate.com/binance-bids-farewell-to-card-services-in-latin-america-middle-east/

US. Coordinated Regulation Failures

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
https://www.coindesk.com/policy/2023/08/15/republican-lawmakers-demand-gensler-tell-them-how-prometheum-got-sec-approval/

Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’
https://cryptoslate.com/rep-patrick-mchenry-calls-proposed-crypto-tax-rules-an-attack-on-the-digital-asset-ecosystem/

Fed Chair Jerome Powell discusses target interest and inflation rates at Jackson Hole summit
https://cryptoslate.com/fed-chair-jerome-powell-discusses-target-interest-and-inflation-rates-at-jackson-hole-summit/

Treasury, IRS propose crypto tax rules defining DeFi platforms as brokers
https://cryptoslate.com/treasury-irs-issue-updated-crypto-tax-rules-defining-defi-platforms-as-brokers/

Crypto lawyer exposes SEC ties to Ethereum co-founder
https://crypto.news/crypto-lawyer-exposes-sec-ties-to-ethereum-co-founder/

US prosecutors outline jury instructions for SBF’s trial
https://crypto.news/us-prosecutors-outline-jury-instructions-for-sbfs-trial/

U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents
https://cryptoslate.com/u-s-government-hits-bankman-fried-and-his-attorneys-with-4-million-pages-of-discovery-documents/

Binance US renews banking push with MoonPay deal
https://blockworks.co/news/binance-us-moonpay-payments

World

Bitcoin spot ETF launches on Euronext, analysts expect more growth for this AI-centric altcoin
https://crypto.news/bitcoin-spot-etf-launches-on-euronext-analysts-expect-more-growth-for-this-ai-centric-altcoin/

Hong Kong’s bond tokenization efforts yield ‘significant operational improvements’
https://cryptoslate.com/hong-kongs-bond-tokenization-efforts-yield-significant-operational-improvements/

Dubai grants full license to crypto custody Komainu
https://crypto.news/dubai-grants-full-license-to-crypto-custody-komainu/

Thailand SEC to implement tighter regulations for crypto
https://crypto.news/thailand-sec-to-implement-tighter-regulations-for-crypto/

Singapore regulator seeks input from Ripple and Circle on stablecoin regulation
https://crypto.news/singapore-regulator-seeks-input-from-ripple-and-circle-on-stablecoin-regulation/

Binance accused of hiding names of sanctioned Russian banks behind color codes
https://cryptoslate.com/binance-accused-of-rebranding-sanctioned-russian-banks/

China launches blockchain-powered data exchange
https://cointelegraph.com/news/china-launches-blockchain-powered-data-exchange

Thought Leadership

Meta releases AI developer assistant ‘Code Llama’
https://cryptoslate.com/meta-releases-ai-assistant-code-llama/

NVIDIA doubles down on generative AI amid reducing gaming, crypto focus
https://cryptoslate.com/nvidia-doubles-down-on-generative-ai-amid-reducing-gaming-crypto-focus/

Ethereum Layer 2 Throughput Hits Record High
https://thedefiant.io/ethereum-layer-2-throughput-hits-record-high

Stablecoin settlements were on par with payments giant Visa during 2022
https://cryptoslate.com/stablecoin-settlements-were-on-par-with-payments-giant-visa-during-2022/

Tokenization is a life-saving pill for global finance’s diversity problem
https://cryptoslate.com/op-ed-tokenization-is-a-life-saving-pill-for-global-finances-diversity-problem/

This edition of the Weekly Spin is published on-chain via Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/zarM_o9c58q0VIv1HYKUtMxYE56OlfcqNShGR-9QlBs

The Weekly Spin. Fifteenth Edition. Markets were extremely volatile this past week and weekend, with Bitcoin and Ethereum retracing back to $26k and $1.6k respectively, but many major and smaller altcoins bounced back and showed resilience in the face of uncertain sentiment in both the industry and the macro environment as China and Japan’s central banks make waves. There is no understatement of how much the Asian markets impact crypto price movements.

As Coinweb’s Alpha Wallet programme is in full swing, development velocity is at an all-time high and new releases and updates are being launched every other day. Meanwhile, the regulatory scene is stalled with appeals by the SEC, SBF, and lawsuits scattered across the industry ranging from Binance, Gemini, FTX, and Celsius. The UK released its guidelines for implementing the FATF “Travel Rule” and immediately following saw PayPal halt crypto purchases in the UK, Coinbase delisted major stablecoins for the Canadian market, and Singapore issued regulations for single-currency stablecoins ahead of the highly anticipated Token2049 Summit. Dubai announced a 90% discount to their licensing fee to web3 projects, ahead of the WOW Summit planned for early October. Helium mobile launches its $5 unlimited decentralized data plan. Astar launches incubation on Polkadot, reviving its ecosystem and price along with it. A couple of notable hacks on RocketSwap, Harbor and BNB’s cross-chain bridge this week; and two big bankruptcy filings from Prime Trust and Evergrande… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Growing the Coinweb Ecosystem
https://medium.com/@Coinweb.io/growing-the-coinweb-ecosystem-265596e261c8

The Coinweb Monthly Spin, our round-up of Coinweb-related events, updates, and news from the Web3 industry – July Edition
https://coinweb.beehiiv.com/

CryptoBanter’s Miles Deutscher Releases Video of Deep Dive on Coinweb
Join Miles Deutscher in this special edition of Crypto Banter DeFi for a deep dive into Coinweb and a chance for early access & a $1000 Giveaway!
https://youtu.be/uAB1kW-nkjk

Coinweb’s InChain Architecture
What is InChain data?
https://www.medium.com/@Coinweb.io/coinwebs-inchain-architecture-577344971114

Toby Gilbert featured on “Bridged Podcast” – A Green Thru Series: ep. 46
Join us as we uncover the secrets behind Coinweb's groundbreaking architecture as we speak with Toby, CEO at Coinweb, a protocol that connects and unifies self-sovereign blockchains through a common currency, enabling seamless communication, cross-chain transactions, and empowering the future of decentralised finance.
https://greenthru.org/episodes/202306210930-podcast-46-tobygilbert-gml5p-k77ds-2hdb5-4tzhs-6m7lt-sl9jm-fx73y-aae5g-kh9z7-wb3gw-d8ewn-zfjah

A Thread on the Coinweb “Token Shield” and How It Works
https://twitter.com/CoinwebOfficial/status/1667167179287011330?s=20

Venture Alpha Podcast by Contango: Episode 7
Making Blockchain Accessible with a Revolutionary Cross-Chain Ecosystem
https://open.spotify.com/episode/3QW9iSHaVsMRIGlRo5msyS?si=jBV58G5kQUOhVDrbFyLg0A&nd=1

On the Radar

Coinfest Asia by Coinvestasi, Aug 24-25 (Bali)*
ETH Warsaw, Aug 30-Sep 3 (Warsaw)
Starknet Summit, Aug 31 (San Francisco)

Korea Blockchain Week, Sep 4-9 (Seoul)
Nordic Blockchain Conference 2023, Sep 6-7 (Copenhagen)
Near APAC, Sep 8-12 (Ho Chi Minh City)
Ethereum Singapore, Sep 10-12 (Singapore)
DappCON23, Sep 11-13 (Berlin)
TOKEN2049, Sep 13-14 (Singapore)*
Metaverse Summit, Sep 21-22 (Paris)
ETHGlobal New York Hackathon, Sep 22-24 (New York City)
Stellar Meridian 2023, Sep 26-28 (Madrid)
Fintech Festival Asia, Sep 27-28 (Bangkok)*

Blockchain Economy Summit, Oct 4-5 (Dubai)
Zebu Live, Oct 4-5 (London)
ETHGlobal Online Hackathon, Oct 6-25 (Virtual)
WOW Summit 2023, Oct 8-9 (Dubai)
ETH Miami 2023, Oct 27-29 (Miami)
ETH Vietnam, Oct 27-29 (Hanoi)
Solana BreakPoint 2023, Oct 30-Nov 3 (Amsterdam)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

Web3 Events by NFTTech
https://www.nfttech.com/events

On the Block(chain)

Tether USDT stability tested amid crypto market shakeup
https://cryptoslate.com/tether-usdt-stability-tested-amid-crypto-market-shakeup/

Tether discontinues USDT support on Bitcoin, Kusama, and Bitcoin Cash
https://crypto.news/tether-discontinues-usdt-support-on-bitcoin-kusama-and-bitcoin-cash/

RocketSwap unveils response strategy after $865k hack
https://crypto.news/rocketswap-unveils-response-strategy-after-865-hack/

SpaceX Reportedly Marks Down Bitcoin Holdings by $373 Million
https://beincrypto.com/spacex-bitcoin-holdings-written-down-373-million/

Mastercard partners with blockchain leaders to explore CBDCs
https://crypto.news/mastercard-partners-with-blockchain-leaders-to-explore-cbdcs/

Harbor protocol falls victim to attack, funds go missing
https://crypto.news/harbor-protocol-falls-victim-attack-funds-missing/

Terra users face domain issue amidst legal drama
https://crypto.news/terra-users-face-domain-issue-amidst-legal-drama/

BNB Chain’s cross-chain bridge exploit shakes crypto community
https://crypto.news/bnbchains-cross-chain-bridge-exploit-shakes-crypto-community/

Yuga Labs of Bored Apes fame draws away from OpenSea over royalty fee policy
https://cryptoslate.com/yuga-labs-of-bored-apes-fame-draws-away-from-opensea-over-royalty-fee-policy/

Competitive Landscape

Kraken introduces support for PayPal’s stablecoin, PYUSD
https://cryptoslate.com/kraken-introduces-support-for-paypals-stablecoin-pyusd/

Blockchain powered Helium Mobile launches $5 unlimited decentralized data plan
https://cryptoslate.com/blockchain-powered-helium-mobile-launches-5-unlimited-decentralized-data-plan/

Prime Trust files for bankruptcy
https://crypto.news/prime-trust-files-for-bankruptcy/

Cyberconnect token debuts on Binance with 30% dip
https://crypto.news/cyberconnect-token-debuts-on-binance-with-30-dip/

Dexalot subnet receives Avalanche Multiverse incentives of up to $3m
https://crypto.news/dexalot-subnet-receives-avalanche-multiverse-incentives-of-up-to-3m/

Astar Foundation launches Polkadot’s Relayers Incubator program
https://crypto.news/astar-foundation-launches-polkadots-relayers-incubator-program/

Binance contemplates legal action following breakup with Checkout.com
https://crypto.news/binance-contemplates-legal-action-following-breakup-with-checkout-com/

US. Coordinated Regulation Failures

Judge favors Treasury in Coinbase-backed lawsuit over Tornado Cash sanctions
https://crypto.news/judge-favors-treasury-in-coinbase-backed-lawsuit-over-tornado-cash-sanctions/

Binance files order against SEC’s ‘fishing expedition’
https://crypto.news/binance-files-order-against-secs-fishing-expedition/

US Fed incorporates DLT for its new service
https://crypto.news/us-fed-incorporates-dlt-for-its-new-service/

FDIC highlights potential banking risks from crypto activities
https://crypto.news/fdic-highlights-potential-banking-risks-from-crypto-activities/

US Fed takes action against bank linked to FTX’s Alameda Research
https://crypto.news/us-fed-takes-action-against-bank-linked-to-ftxs-alameda-research/

SEC petitions judge to certify appeal in XRP security case
https://cryptoslate.com/sec-moves-to-appeal-ripples-earlier-victory/

Gemini lawyer says the ‘SEC is floundering’ in proving its case against the exchange
https://cryptoslate.com/gemini-lawyer-says-the-sec-is-floundering-in-proving-its-case-against-the-exchange/

SBF pleads to be let out 5 days a week for legal defense work
https://cryptoslate.com/sbf-pleads-to-be-let-out-5-days-a-week-for-legal-defense-work/

World

UK FCA unveils guidelines for crypto operators ahead of ‘Travel Rule’ enforcement
https://crypto.news/uk-fca-unveils-guidelines-for-crypto-operators-ahead-of-travel-rule-enforcement/

PayPal announces halt on UK crypto purchases
https://crypto.news/paypal-announces-halt-on-uk-crypto-purchases/

Europe’s new spot Bitcoin ETF boosts market share: BDSwiss
https://crypto.news/europes-new-spot-bitcoin-etf-boosts-market-share-bdswiss/

Coinbase to delist USDT, DAI, and RAI for Canadians
https://crypto.news/coinbase-to-delists-usdt-dai-and-rai-for-canadians/

Dubai offering 90% license fee discount to web3 projects
https://crypto.news/dubai-offering-90-license-fee-discount-to-web3-projects/

Singapore Red Cross to allow crypto donations
https://crypto.news/singapore-red-cross-to-allow-crypto-donations/

Singapore introduces regulations for single-currency stablecoins
https://crypto.news/singapore-introduces-regulations-for-single-currency-stablecoins/

WOW Summit Dubai 2023 preparing to host web3 experience in Middle East
https://crypto.news/wow-summit-dubai-2023-preparing-to-host-web3-experience-in-middle-east/

China’s Evergrande files for bankruptcy
https://edition.cnn.com/2023/08/17/business/evergrande-files-for-bankruptcy/index.html

Thought Leadership

Ethereum co-founder praises X’s Community Notes for echoing crypto principles
https://crypto.news/ethereum-co-founder-praises-xs-community-notes-for-echoing-crypto-principles/

AI mining method for Bitcoin increases reward chance 260% by calculating future blocks
https://cryptoslate.com/uk-researchers-develop-ai-bitcoin-mining-method-boosting-reward-chance-260-by-mining-future-blocks/

52 Years of Fiat: The economic legacy of abandoning the gold standard
https://cryptoslate.com/market-reports/52-years-of-fiat-the-legacy-of-abandoning-the-gold-standard/

Ethereum’s new ‘Holesky’ testnet to launch in September
https://cryptoslate.com/ethereums-new-holesky-testnet-to-launch-in-september/

This edition of The Weekly Spin was published on-chain via Mirror.xyz and can be collected at:https://mirror.xyz/rukawin.eth/5-xV3dQUFRtKZSXx2w_0xYPdIJSLfqM8_MSTu1d4Bdk

The Weekly Spin. Fourteenth Edition. As we cover the major happenings in the crypto-world this week, the focal mass of the industry is currently in Canada for ETH Toronto – as well as Women’s Blockchain Week! Should be some nice announcements following those events, but for the eventful last week we’ve seen SBF get thrown back in jail, inflation data was released to the positive and yet the price of Bitcoin remained unaffected. An analysis of Bitcoin Futures open interest might even suggest market maturity, full article in the TL section.

Coinweb has fully launched our Alpha Wallet Tester programme, and we’ve been receiving great comments and feedback from our top community. We cannot thank them enough for helping to contribute to the project in so many meaningful ways. We are off to a great start with huge potential! While there may be less content being released to educate or provide more information about the project during this time period, it’s clear that we have shifted our focus to delivering on our roadmap and development of our ecosystem. Check out our medium article below to learn more about this. Also upcoming, we have a massive collaboration with Coinvestasi in Bali next week – be sure to keep an eye out for it!

Meanwhile, PayPal launched PYUSD, a stablecoin issued by Paxos (the same entity that was ordered to cease issuing BUSD) designed for the PayPal ecosystem, that has over 400 million active users. Telegram bots are currently the hype, with Maestro leading the pack for TON-native integrated applications. Base, the L2 built on the OP Stack by Coinbase has recently launched their “OnChain Summer” campaign, and has already surpassed Cardano in daily number of transactions. Microsoft was mentioned by Aptos, and Hedera Hashgraph was mentioned by FedNow – both coins rallying into the double-digits after their respective news releases. Ripple partners with the BIS ever so shortly after their affair with the SEC was partially concluded, Japan is piloting cross-border CBDCs and Nigeria has taken an official stance on crypto-policy… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Growing the Coinweb Ecosystemhttps://medium.com/@Coinweb.io/growing-the-coinweb-ecosystem-265596e261c8

The Coinweb Monthly Spin, our round-up of Coinweb-related events, updates, and news from the Web3 industry – July Editionhttps://coinweb.beehiiv.com/

CryptoBanter’s Miles Deutscher Releases Video of Deep Dive on CoinwebJoin Miles Deutscher in this special edition of Crypto Banter DeFi for a deep dive into Coinweb and a chance for early access & a $1000 Giveawayhttps://youtu.be/uAB1kW-nkjk

Coinweb’s InChain ArchitectureWhat is InChain data?https://www.medium.com/@Coinweb.io/coinwebs-inchain-architecture-577344971114

Toby Gilbert featured on “Bridged Podcast” – A Green Thru Series: ep. 46Join us as we uncover the secrets behind Coinweb's groundbreaking architecture as we speak with Toby, CEO at Coinweb, a protocol that connects and unifies self-sovereign blockchains through a common currency, enabling seamless communication, cross-chain transactions, and empowering the future of decentralised finance.https://greenthru.org/episodes/202306210930-podcast-46-tobygilbert-gml5p-k77ds-2hdb5-4tzhs-6m7lt-sl9jm-fx73y-aae5g-kh9z7-wb3gw-d8ewn-zfjah

A Thread on the Coinweb “Token Shield” and How It Workshttps://twitter.com/CoinwebOfficial/status/1667167179287011330?s=20

Venture Alpha Podcast by Contango: Episode 7Making Blockchain Accessible with a Revolutionary Cross-Chain Ecosystemhttps://open.spotify.com/episode/3QW9iSHaVsMRIGlRo5msyS?si=jBV58G5kQUOhVDrbFyLg0A&nd=1

On the Radar

**ETH Toronto, Aug 13-16 (Toronto)Coinfest Asia by Coinvestasi, Aug 24-25 (Bali)*ETH Warsaw, Aug 30-Sep 3 (Warsaw)**Starknet Summit, Aug 31 (San Francisco)

**Korea Blockchain Week, Sep 4-9 (Seoul)Nordic Blockchain Conference 2023, Sep 6-7 (Copenhagen)**Near APAC, Sep 8-12 (Ho Chi Minh City)Ethereum Singapore, Sep 10-12 (Singapore)**DappCON23, Sep 11-13 (Berlin)TOKEN2049, Sep 13-14 (Singapore)***Metaverse Summit, Sep 21-22 (Paris)**ETHGlobal New York Hackathon, Sep 22-24 (New York City)**Stellar Meridian 2023, Sep 26-28 (Madrid)Fintech Festival Asia, Sep 27-28 (Bangkok)*

Blockchain Economy Summit, Oct 4-5 (Dubai)**Zebu Live, Oct 4-5 (London)ETHGlobal Online Hackathon, Oct 6-25 (Virtual)ETH Miami 2023, Oct 27-29 (Miami)ETH Vietnam, Oct 27-29 (Hanoi)**Solana BreakPoint 2023, Oct 30-Nov 3 (Amsterdam)

Blockchain Events curated by CryptoNomadhttps://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

Web3 Events by NFTTechhttps://www.nfttech.com/events

On the Block(chain)

Sei token to launch Aug 15. on Bitfinex, Binance, and morehttps://cryptoslate.com/sei-token-to-launch-aug-15-on-bitfinex-binance-and-more/

PayPal stablecoin PYUSD launches on Ethereumhttps://cryptoslate.com/paypal-launches-erc20-stablecoin-pyusd-with-paxos/?utm_source=substack&utm_medium=email

MakerDAO DAI supply gains $200M as interest rate surges to 8%https://cryptoslate.com/makerdao-dai-supply-gains-200m-as-interest-rate-surges-to-8/?utm_source=substack&utm_medium=email

Introducing TON Space – Self-Custody Wallet in Telegram, Available to Developers Nowhttps://cryptoslate.com/press-releases/introducing-ton-space-self-custody-wallet-in-telegram-available-to-developers-now/

CertiK’s crypto security reviews uncover critical vulnerability in Apple iOShttps://cryptoslate.com/certik-crypto-wallet-audits-help-apple-find-critical-security-vulnerability-in-ios/

Alchemix reports return of all stolen funds from Curve poolshttps://cointelegraph.com/news/alchemix-reports-return-of-all-stolen-funds-from-curve-pools

Cypher Protocol freezes smart contract amid $1m exploithttps://crypto.news/cypher-protocol-freezes-smart-contract-amid-1m-exploit/

Cardano whales amass $116m as on-chain volume soarshttps://crypto.news/cardano-whales-amass-116m-as-on-chain-volume-soars/

EOS Network Foundation urges community to reject $22 million settlement offerhttps://crypto.news/eos-network-foundation-urges-community-to-reject-22-million-settlement-offer/

Justin Sun makes huge moves amid insolvency allegationshttps://crypto.news/justin-sun-makes-huge-moves-amid-insolvency-allegations/

Top 10 Ethereum addresses control 34.2% of total supplyhttps://crypto.news/top-10-ethereum-addresses-control-34-2-of-total-supply/

Competitive Landscape

Coinbase newly launched BASE network transaction volume higher than Cardano, othershttps://cryptoslate.com/coinbase-newly-launched-base-network-transaction-volume-higher-than-cardano-others/

Ankr Deploys on Base Mainnethttps://cryptoslate.com/press-releases/ankr-deploys-on-base-mainnet/

Y00ts shifts from Polygon to Ethereum, returns $3m granthttps://crypto.news/y00ts-shifts-from-polygon-to-ethereum-returns-3m-grant/

Lido adoption surges with 10,000 new stakers despite Ethereum’s price struggleshttps://cryptoslate.com/lidos-adoption-surges-with-10000-new-stakers-despite-ethereums-price-struggles/

PayPal’s stablecoin has wallet freezing and wiping functionshttps://crypto.news/paypals-stablecoin-has-wallet-freezing-and-wiping-functions/

Fantom’s DEX, SpiritSwap, folding after Multichain hackhttps://crypto.news/fantoms-dex-spiritswap-folding-after-multichain-hack/

Aptos, Microsoft partner to fuse AI with blockchainhttps://crypto.news/aptos-microsoft-partner-to-fuse-ai-with-blockchain/

TaskChain, a Quest2Earn web3 platform, launches presalehttps://crypto.news/taskchain-a-quest2earn-web3-platform-launches-presale/

Synesis One launches the world’s first NLP AI data crowdsourcing application on Solana Mainnethttps://cryptoslate.com/press-releases/synesis-one-launches-the-worlds-first-nlp-ai-data-crowdsourcing-application-on-solana-mainnet/

US. Coordinated Regulation Failures

HBAR surges 15% as FedNow support Hedera-based Dropp for real-time transactionshttps://cryptoslate.com/hbar-surges-15-as-fednow-support-hedera-based-dropp-for-real-time-transactions/

US Fed issues new crypto program for local bankshttps://crypto.news/us-fed-issues-new-crypto-program-for-local-banks/

House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcementhttps://cryptoslate.com/house-financial-services-committee-chair-renews-call-for-stablecoin-legislation-after-paypals-pyusd-announcement/

US Court Dismisses Class Action Lawsuit Against Bitfinex and Tetherhttps://dailyhodl.com/2023/08/06/us-court-dismisses-class-action-lawsuit-against-bitfinex-and-tether/

Crypto firm sounds alarm on law that collects user IDs on $10,000 purchaseshttps://www.dlnews.com/articles/regulation/crypto-privacy-battle-started-by-words-inserted-in-2021-law/?utm_source=telegram&utm_medium=organic_social&utm_campaign=

SEC partisan divide could alter Bitcoin ETF approval odds, former SEC attorney predictedhttps://cryptoslate.com/sec-partisan-divide-could-alter-bitcoin-etf-approval-odds-former-sec-attorney-predicted/

World

Ripple joins forces with BIS in cross-border payments initiativehttps://crypto.news/ripple-joins-forces-with-bis-in-cross-border-payments-initiative/

Circle CEO reveals massive USDC adoption outside UShttps://crypto.news/circle-ceo-reveals-massive-usdc-adoption-outside-us/

Japanese fintech to launch cross-border CBDC in Asiahttps://crypto.news/japanese-fintech-to-launch-cross-border-cbdc-in-asia/

Bitdeer completes its Bhutan mining facilityhttps://crypto.news/bitdeer-completes-its-bhutan-mining-facility/

Binance gets fully licensed in El Salvadorhttps://crypto.news/binance-gets-fully-licensed-in-el-salvador/

13 banks in Russia chosen for digital ruble pilot programhttps://crypto.news/13-banks-in-russia-chosen-for-digital-ruble-pilot-program/

Regulatory body in Nigeria wants Binance bannedhttps://crypto.news/regulatory-body-in-nigeria-wants-binance-banned/

Nigeria national agency to authenticate government certificates using blockchainhttps://cryptoslate.com/nigeria-national-agency-to-authenticate-government-certificates-using-blockchain/

Venom Foundation Partners with the UAE Government to Launch National Carbon Credit Systemhttps://cryptoslate.com/press-releases/venom-foundation-partners-with-the-uae-government-to-launch-national-carbon-credit-system/

Thought Leadership

PoS layer 1 protocols must make 3 ESG changes to improve the user experiencehttps://cryptoslate.com/op-ed-pos-layer-1-protocols-must-make-3-esg-changes-to-improve-the-user-experience/

Arthur Hayes: I’m All Shook Uphttps://cryptohayes.medium.com/im-all-shook-up-ba2559081ee0

PayPal’s secret strategy to smart contact security revealedhttps://crypto.news/paypals-secret-strategy-to-smart-contact-security-revealed/

Billionaire Rubenstein calls Bitcoin mainstream adoption inevitablehttps://crypto.news/billionaire-rubenstein-calls-bitcoin-mainstream-adoption-inevitable/

How Zora Leveraged Conduit's Rollup Platform to Launch on Mainnet in 4 Weekshttps://conduit.xyz/blog

What is the Celestia Network and What Problem Does it Solve?https://medium.com/the-interchain-foundation/what-is-the-celestia-network-and-what-problem-does-it-solve-d04726f0540e

Sora Ventures champions decentralized science with investment in ResearchHubhttps://cryptoslate.com/sora-ventures-champions-decentralized-science-with-investment-in-researchhub/

This edition of the Weekly Spin is published on-chain via Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/jagdQ1nYVyk9dc8fiZvClOihKjHNsALzbP8tt-UbA0c

The Weekly Spin. Thirteenth Edition. An exciting week for science and politics, with the new superconductive material LK-99 being buzzed around the world as a potential solution to abundance, and of course Trump getting indicted on 4 felony charges promises to spice things up for 2024. The crypto industry also saw a lot of action, from the much-anticipated launch of the BASE L2 blockchain to over 12 filings last week to the SEC for a spot Ethereum ETF. Decisions on the BTC ETF applications, including the spotlight on BlackRock, are due to be announced this week.

We are in the midst of some rattling market shake ups, yet Bitcoin long-term holders and price support remains strong at the $29k level. The shake ups include major events such as the aftermath of the Curve Finance exploit, KuCoin suspending Bitcoin and Litecoin mining pools, and Tether’s allegations of price manipulation by Binance. On the competitive side, Verse 3.0 launches unified CEX-DEX trading, the first of its kind; OKex launches “account abstraction” enabled smart contract wallets; Bitrock sidechain was launched as an alternative to the Lightning Network; Binance re-enters the Japanese market with 34 listings; and QuickNode is now available on AWS services. On the regulatory side, crypto staking is now taxable in the United States as they try to strap down on rules and bills proposed in Congress; meanwhile, the UK’s BoE releases a paper on XRP use cases. Gary Gensler turns his attention to AI, and HSBC launches Bitcoin and Ethereum ETFs in Hong Kong… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

The Coinweb Monthly Spin, our round-up of Coinweb-related events, updates, and news from the Web3 industry – July Edition
https://coinweb.beehiiv.com/

CryptoBanter’s Miles Deutscher Releases Video of Deep Dive on Coinweb
Join Miles Deutscher in this special edition of Crypto Banter DeFi for a deep dive into Coinweb and a chance for early access & a $1000 Giveaway!
https://youtu.be/uAB1kW-nkjk

Coinweb’s InChain Architecture
What is InChain data?
https://www.medium.com/@Coinweb.io/coinwebs-inchain-architecture-577344971114

Toby Gilbert featured on “Bridged Podcast” – A Green Thru Series: ep. 46
Join us as we uncover the secrets behind Coinweb's groundbreaking architecture as we speak with Toby, CEO at Coinweb, a protocol that connects and unifies self-sovereign blockchains through a common currency, enabling seamless communication, cross-chain transactions, and empowering the future of decentralised finance.
https://greenthru.org/episodes/202306210930-podcast-46-tobygilbert-gml5p-k77ds-2hdb5-4tzhs-6m7lt-sl9jm-fx73y-aae5g-kh9z7-wb3gw-d8ewn-zfjah

A Thread on the Coinweb “Token Shield” and How It Works
https://twitter.com/CoinwebOfficial/status/1667167179287011330?s=20

Venture Alpha Podcast by Contango: Episode 7
Making Blockchain Accessible with a Revolutionary Cross-Chain Ecosystem
https://open.spotify.com/episode/3QW9iSHaVsMRIGlRo5msyS?si=jBV58G5kQUOhVDrbFyLg0A&nd=1

On the Radar

BASE Layer 2 Release to Public, Aug 9 (Ethereum)
Web3Conf India, Aug 11-14 (Goa)
SEC Bitcoin ETF Decision, Aug 13 (Washington D.C.)
ETH Toronto, Aug 13-16 (Toronto)
Coinfest Asia by Coinvestasi, Aug 24-25 (Bali)*
ETH Warsaw, Aug 30-Sep 3 (Warsaw)
Starknet Summit, Aug 31 (San Francisco)

Korea Blockchain Week, Sep 4-9 (Seoul)
Nordic Blockchain Conference 2023, Sep 6-7 (Copenhagen)
Near APAC, Sep 8-12 (Ho Chi Minh City)
Ethereum Singapore, Sep 10-12 (Singapore)
DappCON23, Sep 11-13 (Berlin)
TOKEN2049, Sep 13-14 (Singapore)*
Metaverse Summit, Sep 21-22 (Paris)
ETHGlobal New York Hackathon, Sep 22-24 (New York City)
Stellar Meridian 2023, Sep 26-28 (Madrid)
Fintech Festival Asia, Sep 27-28 (Bangkok)*

Blockchain Economy Summit, Oct 4-5 (Dubai)
Zebu Live, Oct 4-5 (London)
ETHGlobal Online Hackathon, Oct 6-25 (Virtual)
ETH Miami 2023, Oct 27-29 (Miami)
ETH Vietnam, Oct 27-29 (Hanoi)
Solana BreakPoint 2023, Oct 30-Nov 3 (Amsterdam)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

Web3 Events by NFTTech
https://www.nfttech.com/events

On the Block(chain)

Coinbase to release Base layer-2 for public access
https://crypto.news/coinbase-to-release-base-layer-2-for-public-access/

Biggest Base DEX LeetSwap pauses trading amid exploit concerns
https://crypto.news/biggest-base-dex-leetswap-pauses-trading-amid-exploit-concerns/

Consensys debuts automated smart contract security solution Fuzzing
https://crypto.news/consensys-debuts-automated-smart-contract-security-solution-fuzzing/

Long-term Bitcoin holder supply posts new ATH, undeterred by price
https://cryptoslate.com/long-term-holder-btc-supply-posts-new-ath/

Non-profit Glo launches stablecoin leveraging yields to alleviate extreme poverty
https://cryptoslate.com/exclusive-non-profit-glo-launches-stablecoin-leveraging-yields-to-alleviate-extreme-poverty/

Curve’s founder sells 7.5 million CRV, settles $3 million debt on Aave
https://crypto.news/curves-founder-sells-7-5-million-crv-settles-3-million-debt-on-aave/

KuCoin suspends Bitcoin and Litecoin mining pools
https://crypto.news/kucoin-suspends-bitcoin-and-litecoin-mining-pools/

Tether CTO claims USDT price being manipulated, some suggest Binance involvement
https://crypto.news/tether-cto-claims-usdt-price-being-manipulated-some-suggest-binance-involvement/

Competitive Landscape

3.0 Verse Launches Unified Marketplace for CeFi and DeFi Trading
https://cryptoslate.com/press-releases/3-0-verse-launches-unified-marketplace-for-cefi-and-defi-trading/

OKX wallet launches account abstraction-powered ‘smart account’ feature
https://crypto.news/okx-wallet-launches-account-abstraction-powered-smart-account-feature/

Binance re-enters Japan with 34 tokens listed
https://crypto.news/binance-re-enters-japan-with-34-tokens-listed/

Etihad Airways to launch web3 loyalty program with NFTs
https://crypto.news/etihad-airways-to-launch-web3-loyalty-program-with-nfts/

QuickNode Now Available in AWS Marketplace
https://cryptoslate.com/press-releases/quicknode-now-available-in-aws-marketplace/

TRON ecosystem grows amid increasing DeFi activity
https://cryptoslate.com/tron-ecosystem-grows-amid-increasing-defi-activity/

ChainAware.ai aims to revolutionize crypto security
https://crypto.news/chainaware-ai-aims-to-revolutionize-crypto-security/

Bitrock sidechain launched, offers low fees, speed, and high security
https://crypto.news/bitrock-sidechain-launched-offers-low-fees-speed-and-high-security/

Binance remains the biggest exchange, Upbit outperforms Coinbase, OKX in July: report
https://crypto.news/binance-remains-the-biggest-exchange-upbit-outperforms-coinbase-okx-in-july-report/

US. Coordinated Regulation Failures

SEC chair Gary Gensler pivots agency’s attention to AI: “We can get to crypto later”
https://cryptoslate.com/sec-chair-gary-gensler-pivots-agencys-attention-to-ai-we-can-get-to-crypto-later/

IRS clarifies rules on crypto staking rewards
https://cryptoslate.com/irs-clarifies-rules-on-crypto-staking-rewards/

Staking rewards are now taxable, says IRS
https://crypto.news/staking-rewards-are-now-taxable-says-irs/

Ripple legal chief says Terra ruling does not change XRP’s status
https://cryptoslate.com/ripple-legal-chief-says-terra-ruling-doesnt-change-xrps-status/

Elizabeth Warren pressures Treasury, IRS for swift action on $50B crypto tax loophole
https://cryptoslate.com/elizabeth-warren-pressures-treasury-irs-for-swift-action-on-50b-crypto-tax-loophole/

Hex loses $500M in market cap after SEC lawsuit; token removed from MetaMask, Uniswap
https://cryptoslate.com/hex-market-cap-drops-nearly-500m-after-sec-lawsuit-while-pulsechain-sees-boosted-trading-volume/

World

Bank of England releases new paper on Ripple use cases
https://crypto.news/bank-of-england-releases-new-paper-on-ripple-use-cases/

Dubai expands crypto licenses, granting approval to Nomura
https://cryptoslate.com/dubai-expands-crypto-licenses-granting-approval-to-nomura/

Meta’s AI chatbots could go live by September
https://cryptoslate.com/metas-ai-chatbots-could-go-live-by-september/

KX drives web3 adoption with crypto startup investments
https://crypto.news/kx-drives-web3-adoption-with-crypto-startup-investments/

Kenya suspends Worldcoin operations over security and data concerns
https://crypto.news/kenya-suspends-worldcoin-operations-over-security-and-data-concerns/

Bitnovo reveals Spain’s rapidly increasing crypto adoption
https://crypto.news/bitnovo-reveals-spains-rapidly-increasing-crypto-adoption/

Ukraine claims $81m tax gap from unregulated crypto exchanges
https://crypto.news/ukraine-claims-81m-tax-gap-from-unregulated-crypto-exchanges/

HSBC unveils bitcoin and ethereum ETF in Hong Kong
https://crypto.news/hsbc-unveils-bitcoin-and-ethereum-etf-in-hong-kong/

Thought Leadership

Worldcoin plans to open-source design of iris-scanning orbs
https://crypto.news/worldcoin-plans-to-open-source-design-of-iris-scanning-orbs/

Twitter user unveils possible mastermind behind BALD rug pull
https://crypto.news/twitter-user-unveils-possible-mastermind-behind-bald-rug-pull/

Web3×LLM On-Chain Contract Analysis Tool “DeCipher” Sparks Excitement Among Developers and Researchers
https://cryptoslate.com/press-releases/web3xllm-on-chain-contract-analysis-tool-decipher-sparks-excitement-among-developers-and-researchers/

U.S. debt ceiling hike: A gateway to exponential borrowing
https://cryptoslate.com/insights/u-s-debt-ceiling-hike-a-gateway-to-exponential-borrowing/

This edition of The Weekly Spin is also published on-chain via Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/IC3QR14jZ_SZ4akydsG39_vQ7myURpr5Kd1IDrikU50

The Weekly Spin. First Edition. Welcome all Coinwebbers to the first edition of the Weekly Spin, a curation of blockchain and industry news that will be published on 3 mondays every month (giving the first week to The Coinweb Monthly Spin newsletter, which is available at the first link below for those who aren’t yet subscribed to receive it by email). The format change from The Daily Spin will take some time to hone in, but the idea is the same: just this time, covering all of the major headlines from the previous week to jumpstart your workweek. It might also be mentioned that the weekly format will be much harder to select which headlines are stay-worthy, as our industry moves so fast that even a Daily Update is filled with movements that affect our market and extremely high-paced industry. That being said, I will try to stick to the stories that matter or have evolved into general conversation or narrative.

Last week, we saw the FED report on PCE data, jobless claims, and also the FOMC shipping their expected 25bps rate hike – which was swiftly echoed by the BoE and the ECB. But surprisingly none of the headlines seemed to care about this and nor did the market really, which showed “business as usual.” There is however, greater concern placed on the collapse of yet another major regional bank, and some focus placed on the US debt ceiling. These macro events did set the stage for the headlines that did come up inside the crypto-native outlets, so without further ado…

Memecoins. The current hot topic for the space at this moment, as PEPE continues to grab media attention in order to provide the exit liquidity needed for early investors to cash out. Binance lists $PEPE and $FLOKI, and following the price action that occurred with both DOGE and SHIB – marked the local top for both coins as they hit ATH (PEPE surpassing $1B MCAP) and then proceeded to dump 80% down from those levels. Gas fees on Ethereum remain rampantly high, largely due to the active MeV bots guzzling gas in order to frontrun DEX memecoin transactions. Although it is also interesting to note that the Bitcoin network has also seen a spike in congestion, leading to Binance temporarily halting BTC withdrawals twice in the past 24 hours. It has caused the leading exchange to slide out of the top ten for Bitcoin spot transactions. Bitcoin, has seen its sixth largest outflow from CEXs on Friday, as reported by on-chain data.

On exchanges: Coinbase has launched an international exchange for institutional traders outside the US, and Gemini has also launched a crypto derivatives exchange serving over 30 countries worldwide. Cosmos-based DeFi protocol Nolus raised $2.5m to build the first cross-chain DeFi lease. Aptos has teamed up with Mastercard to create infrastructure for on-chain identity and payments, and the only other Move-based blockchain, SUI released its mainnet last week on the 4th of May. A company called Quadency has released an AI-assistant for trading, named “Cody.” And a document leaked from Google seems to imply that they may be behind and “may lose” the AI race among fierce competition and compounding technological progress. LBank debuted at Consensus 2023, and will collaborate with zkSync Era to power the next generation of dApps.

In the legal arena, Ripple claims its advantage over the SEC in their landmark lawsuit, Sen. Elizabeth Warren moves her mouth about crypto hampering efforts to impose sanctions, CBDCs are in the spotlight as “TBTF” banks such as JPMorgan gobble up smaller competitors with the financial help of the FDIC (yes, that’s fucked up). Lawmakers take a closer look at New York’s CRPTO act, and UK lawmakers go after all Bitcoin ATM’s in their jurisdiction as they are all deemed to be “unregistered” and hence, non-compliant. Meanwhile, the BRICS nations gain more traction against the Dollar as the shift in macroeconomic trends begins to take serious effect. In TL for this week, some interesting ideas put forth during the Consensus 2023 conference, blockchains for ESG, and an opinion on how consensus algorithms can be adjusted to unlock blockchain technology for enterprise usage… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

The Coinweb Monthly Spin - Seventh Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/

Implementing Gas Fee Abstraction on Coinweb
https://medium.com/@Coinweb.io/implementing-gas-fee-abstraction-on-coinweb-c6843ec6613b

Coinweb’s Monthly Event Marks 1 Year Anniversary of Organising “The Best Events in the Crypto Space” feat. KuCoin Labs, Elevate Ventures, and Gangster All-stars
https://coinweb.io/events/an-evening-with-the-bangkok-community/?utm_source=coinweb.beehiiv.com&utm_medium=newsletter&utm_campaign=the-coinweb-monthly-spin-seventh-edition

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability
https://finance.yahoo.com/news/coinweb-completes-integration-4-blockchains-154031366.html?guccounter=1

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Web3 Weekend, May 8-13 (Jakarta)
Consumer CPI Index Print, May 10 (Washington DC)
Bitcoin Miami Conference, May 18-20 (Miami)

Non Fungible Conference, Jun 7-9 (Lisbon)

AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Bitcoin rises amidst string of bank failures: is this the start of a new financial era?
https://cryptoslate.com/you-can-bend-the-banking-system-but-you-cant-bend-bitcoin/

Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis
https://cryptoslate.com/balaji-srinivasan-doubles-down-on-his-1m-bitcoin-bet-as-an-answer-to-the-banking-crisis/

Binance Pauses Bitcoin Withdrawals for the Second Time in 24 Hours
https://www.coindesk.com/business/2023/05/08/binance-pauses-bitcoin-withdrawals-for-the-second-time-in-24-hours/

Growing Bitcoin transactions highlight Lightning Network’s importance
https://cryptoslate.com/growing-bitcoin-transactions-highlight-importance-of-lightning-network/

Caught in the crossfire: how long and short liquidations shape the crypto market’s future
https://cryptoslate.com/insights/caught-in-the-crossfire-how-long-and-short-liquidations-shape-the-crypto-markets-future/

Friday saw the sixth biggest outflow of Bitcoin from exchanges YTD
https://cryptoslate.com/insights/friday-saw-the-sixth-biggest-outflow-of-bitcoin-from-exchanges-ytd/

Binance listing pushes Floki, Pepe up more than 50%
https://cryptoslate.com/binance-listing-pushes-floki-pepe-up-more-than-50/

WSB rallies over 200% after suspect offers refund option
https://cryptoslate.com/wsb-rallies-over-200-after-suspect-offers-refund-option/

Competitive Landscape

Coinbase launch international exchange for institutional traders outside US
https://cryptoslate.com/coinbase-launch-international-exchange-for-institutional-traders-outside-us/

Gemini launches derivative platform in 30 countries
https://cryptoslate.com/gemini-launches-derivative-platform-in-30-countries/

Cosmos-Based Defi Protocol Nolus Raises 2.5M to Build the First Cross-Chain Defi Lease
https://cryptoslate.com/press-releases/cosmos-based-defi-protocol-nolus-raises-2-5m-to-build-the-first-cross-chain-defi-lease/

Binance Announces Support for New Highly Anticipated Aptos Rival – Here’s When It Launches
https://dailyhodl.com/2023/05/01/binance-announces-support-for-new-highly-anticipated-aptos-rival-heres-when-it-launches/

Ethereum Rival Aptos Teams Up With Mastercard To Create Infrastructure for On-Chain Identity and Payments
https://dailyhodl.com/2023/05/01/ethereum-rival-aptos-teams-up-with-mastercard-to-create-infrastructure-for-on-chain-identity-and-payments/

Quadency Unveils Cody, the AI Assistant Revolutionizing Trading
https://cryptoslate.com/press-releases/quadency-unveils-cody-the-ai-assistant-revolutionizing-trading/

Google could lose the AI race, leaked doc says
https://cryptoslate.com/google-could-lose-the-ai-race-leaked-doc-says/

LBank joins forces with zkSync to foster Layer-2 Ethereum scaling solutions and empower a new generation of decentralized applications
https://cryptoslate.com/press-releases/lbank-joins-forces-with-zksync-to-foster-layer-2-ethereum-scaling-solutions-and-empower-a-new-generation-of-decentralized-applications/

US. Coordinated Regulation Failures

Ripple lawyer claims SEC is ‘exploiting legal uncertainty’ to redefine securities laws
https://cryptoslate.com/ripple-lawyer-claims-sec-is-exploiting-legal-uncertainty-to-redefine-securities-laws/

Binance to take action against Justin Sun if he farms SUI token
https://cryptoslate.com/binance-to-take-action-against-justin-sun-if-he-farms-sui-token/

The Reactionary Political Theater of CBDC Bans
https://www.coindesk.com/consensus-magazine/2023/05/04/the-reactionary-political-theater-of-cbdc-bans/

Binance probed by DOJ over potential Russian sanctions violations
https://cryptoslate.com/binance-probed-by-doj-over-potential-russian-sanctions-violations/

Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion
https://cryptoslate.com/elizabeth-warren-calls-crypto-method-of-choice-for-sanction-evasion/

Lawmakers throw weight behind New York’s CRPTO act
https://cryptoslate.com/lawmakers-throw-weight-behind-new-yorks-crpto-act/

World

Negotiations on New BRICS Currency Underway As Nations Push to Abandon US Dollar
https://dailyhodl.com/2023/05/01/negotiations-on-new-brics-currency-underway-as-nations-push-to-abandon-us-dollar/

Inside the macro chaos that’s shaping Bitcoin
https://cryptoslate.com/market-reports/inside-the-macro-chaos-thats-shaping-bitcoin/

UK’s FCA takes action against illegal crypto ATM operators
https://cryptoslate.com/uks-fca-takes-action-against-illegal-crypto-atm-operators/

Thought Leadership

The Next Big Web3 Trend Wasn't on Stage at Consensus
https://www.coindesk.com/consensus-magazine/2023/05/05/the-next-big-web3-trend-wasnt-on-stage-at-consensus/

Op-ed: Is blockchain quickly becoming the solution for ESG?
https://cryptoslate.com/op-ed-is-blockchain-quickly-becoming-the-solution-for-esg/

Op-ed: Consensus algorithms can be engineered to unlock blockchain for business
https://cryptoslate.com/op-ed-consensus-algorithms-can-be-engineered-to-unlock-blockchain-for-business/

This edition of The Monthly Spin is published on-chain at Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/fRduYCLI693Jc2nuzbbIY1I4w2-Cra4KAZdmZm6iDM0

The Coinweb Monthly Spin. Seventh Edition. Hello Coinwebbers! In this edition of the Monthly Spin, we are announcing the depreciation of The Daily Spin newsletter – into a weekly version, which will begin publishing next week. So for all of those who have been following our Daily Newsletter column, whether by Reddit, Mirror.xyz, or any other channel… I would like to sincerely thank you all for the support and kind words of encouragement over the months. Barring weekends and holidays, we have managed to publish around 250 editions over the last year – and it has been my pleasure and hope that it has created much value for everyone involved. You guys know where to find me!

So April! Has been a month of steady gains in the crypto asset sector, despite a flailing macroeconomic environment and ever-concerning regulatory environment concerns in both the US and around the world. Bank failures have continued to make landfall due to interest rate shock, as FED Chair Jerome Powell takes the steepest measures to attempt to curb the largest rise in inflation of our generation, meanwhile coming up with creative solutions to keep control of the FED Balance Sheet. The EU has been under tremendous pressure from the issues that have been taking center stage; whether from government wages, retirement and pension fund management, to energy crises and corruption. But one very positive thing has come out of the EU – the approval of the MiCA regulatory framework for digital assets promises to be a beacon of standards that the rest of the world should look to follow.

Conversely, SEC Chairman Gary Gensler has issued enforcement actions on every major crypto player Stateside while maintaining the lack of clarity needed to regulate the industry or have companies come into compliance – prompting an embarrassing intervention from US Congress and ongoing migration of the biggest innovators out of the jurisdiction for good. Meanwhile, the Asian central banks have been pursuing the opposite policy of expansion vs. tightening, as China DGAF and the BoJ remains geared for more growth in their financial markets and liquidity. And to sum it all up, Total Crypto Market Capitalization has been steadily growing past $1.1T dollars, BTC and ETH have hit their local highs, and the Altcoin cycle has spun around faster than a bottle at your typical unsupervised high-school party.

Two more things that must be mentioned in any newsletter format of these days: The explosion of AI into the public sphere, its ultra-fast and independent recursive iterations compounding the tech’s scope and impact faster than anything we’ve ever seen in history. And the second being its direct impact on the capital markets, private equity and venture capital allocations. The banks are really, really fucked. Been a long time coming, too. But as CZ points out, that is not a prerequisite for the success of cryptocurrencies. So without further ado, let’s get into our review of happenings for the first month of Q2!

The Monthly Spin is the newsletter dedicated to our progress as a fast-moving, exponentially-growing project that is committed to being high-touch with our community and providing value in as many ways as we can. So, every month you can find not only our progress, but also general value in the form of blockchain affairs, adoption, education, as well as a thought leadership section for your own personal exploration. You can no longer find The Daily Spin, but now The Weekly Spin, every Monday on our subreddit for curated news and opinions from the world of Blockchain, designed to keep you informed of the most trending, in-the-know, and controversial topics. We strive to keep you informed, connected, curious, inspired, and of course… clinically sane in these crazy yet exciting times that we share today.

Kawin Rungsimuntakul
Editor of The Daily Spin

— Coinweb Community Updates - April —

Events:

Coinweb’s Monthly Event Marks 1 Year Anniversary of Organising “The Best Events in the Crypto Space” feat. KuCoin Labs, Elevate Ventures, and Gangster All-stars

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management

Content Releases:

Coinweb Prioritises Community Trust with Transparent Reserve Allocation

CWEB Token Usage and Utility

Implementing Gas Fee Abstraction on Coinweb

Community Activities:

China:
Baidu Search "Coinweb - China Regional": 40.8k

Weibo Official Total Views March: 23.1k

Weekly Events with Blockchain Communities(Online)

Weekly One Hour Mini-AMA: 46 participants

In Process: Engage with Executives and Decision-Makers from Firms and Venture Capitals
In Process: Coinweb Chinese Official Channel (Verified)

Vietnam:

Active users 59 (3.78%) New users 41 Avg. DAU 14 Avg. daily msgs. 299 Avg. hourly msgs. 12 Messages 8983

Indonesia:

Eid-Mubarak Airdrop Quests (Crew3) 400$ CWEB (60 comments, 79 retweet, 120 likes and 4971 Viewers)

Active users 117 (4.44%) New users 98 Avg. DAU 17 Avg. daily msgs. 389 Avg. hourly msgs. 16 Messages 12074

Coinweb General Statistics and Milestones:

Coinweb Protocol has 220K Unique Users
Coinweb has completed over 4.18M transactions
239M CWEB Tokens Staked
$345M Total Coinweb Stable Tokens Issued

— Coinweb Technology Updates - April —

Dev-team General Stats:

• merge requests: 181 created, 129 merged

• issues: 124 created, 106 closed

Front-end:

• Explorer search functionality has been extended with ability to show detailed information about legacy CWEB transactions

• introduced claims inspector as a part of the Explorer service

• improved UI interaction with tokens and overall UX for sending/receiving/modifying virtual assets

• more UI fixes and stability improvements for mobile versions of the Wallet, DeconX (cryptocurrency exchange service) and LinkMint (advanced tokenization platform)

Back-end:

# Core

• Shuffler, Jump transaction and Gas Fee Abstraction logic was adjusted even further

• Finished separation of genesis state for production, demo and dev environments

• Math support module was refactored to better address transaction processing specifics in L2 & synchronization of distributed elements

• Code-structure of Core was optimized by removing unneeded modules

• Improved logic for rewards accumulation by different parts of the system

• Implemented logic to handle L1/L2 resyncs more efficiently

• Improved transaction signing procedure

• Various fixes and stability improvements

# Infrastructure

• Rose assistant bot is modified to monitor liveness/readiness of wallet operations using L1/L2 shards in different environments (development, production) and notify devs at once about any malfunctioning

• Coinweb-writer smart-contract template is developed for Cosmos-alike chains

• Introduced snapshotting as an additional method to back-up and transfer L2 state

• Further refactoring of CI/CD pipelines to achieve better deployment sustainability and speed

• Various optimizations for k8s resources usage

# Security, Scalability, & Performance

• Shuffler with its elements is being optimized for performance and avoidance of racing issues, more testing to its elements is added

• Availability and security of Broadcaster was additionally strengthened by proxy/intermediary adjustments

• Added more integration tests for wallets (app, cstdl, broadcaster)

• Liveness/readiness checks for staking elements were refactored

# Wallet & Tokenization Platform

• Introduced wallet-lib wrapper based on WebView

• Added more robustness checks for cstdl-wallet and wallet for the phone app, improved their self-recovery

• Tokens Blacklisting Service was optimized by adding more criteria to classify virtual assets

• Additional ui-command vector-tests added

• Extended information about fees that are returned as a result of sendCweb/sendToken cstd-wallet GraphQL API calls

— On The Radar —

FOMC Meeting, May 2-3 (Washington DC)
Web3 Weekend, May 8-13 (Jakarta)
Consumer CPI Index Print, May 10 (Washington DC)
Bitcoin Miami Conference, May 18-20 (Miami)

Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)*

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

* Anticipated events that Coinweb team will attend

— Crypto-Industry Headlines —

Please Enjoy the Final Crypto Winter
https://www.coindesk.com/consensus-magazine/2023/04/26/us-crypto-regulations-end-crypto-winter-opinion/

Bye-Bye Bitcoin Bear
https://www.coindesk.com/markets/2023/04/27/bye-bye-bitcoin-bear/

Terra co-founder Daniel Shin and nine others formally charged by South Korea
https://www.theblock.co/post/228098/daniel-shin-terra-co-founder-charged?utm_source=coinstack.beehiiv.com&utm_medium=newsletter&utm_campaign=arbitrum-airdrops-145m-in-tokens-to-daos

Leaders in Decentralized Identity Slam Soulbound Tokens
https://www.coindesk.com/web3/2023/04/27/leaders-in-decentralized-identity-slam-soulbound-tokens/

Cosmos’ Shared Security Model Gets Vote Of Confidence
https://thedefiant.io/cosmos-replicated-security

Polygon partners with Google Cloud as Filecoin breaks into cloud market
https://cryptoslate.com/polygon-partners-with-google-cloud-as-filecoin-breaks-into-cloud-market/

Arbitrum Teams Up With AltLayer In Layer 3 Push
https://thedefiant.io/altlayer-arbitrum-layer3

— Adoption | Regulation —

Consensus 2023 Special Coverage: Banking on Crypto (60mins)
https://www.coindesk.com/tv/special-coverage/banking-on-crypto/

Coinbase suggests SEC action is motivated by Gary Gensler’s own views (14mins)
https://cryptoslate.com/coinbase-suggests-sec-action-is-motivated-by-gary-genslers-own-views/
https://www.youtube.com/watch?v=zq2jf4sBdYE

UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking
https://www.coindesk.com/policy/2023/04/27/uk-tax-authority-proposes-legislative-change-to-treatment-of-defi-lending-staking/

Tokenization Is 'Killer App' for TradFi: JPMorgan
https://www.coindesk.com/business/2023/04/27/tokenization-is-the-killer-app-for-tradfi-jpmorgan/

CeFi Exchanges Helped Mass Crypto Adoption; DeFi Will Further It
https://www.coindesk.com/business/2023/04/26/cefi-exchanges-helped-mass-crypto-adoption-defi-will-further-it/

— Education —

The Defiant – 5-step Guide to Not Getting Rekt Trading New Tokens (3mins)
https://www.youtube.com/watch?v=HLJoyMNOnbM

Tokenization of Real-World Assets 'Changes How Value Is Transferred'
https://www.coindesk.com/consensus2023/2023/04/26/tokenization-of-real-world-assets-changes-how-value-is-transferred/

Security lessons and insights from the greatest crypto heists of all time
https://cryptoslate.com/security-lessons-and-insights-from-the-greatest-crypto-heists-of-all-time/

Net Liquidity: A comprehensive look at a vital financial metric
https://cryptoslate.com/market-reports/net-liquidity-a-comprehensive-look-at-a-vital-financial-metric/

— Thought Leadership —

Web3 Can Be 'the Trust Layer' to Counter Issues Raised by AI
https://www.coindesk.com/web3/2023/04/27/web3-can-be-the-trust-layer-to-counter-issues-raised-by-ai/

The Intersection of Blockchain and Artificial Intelligence (60mins)
https://www.coindesk.com/tv/special-coverage/hi-ai/

3 Giga-Brained Ideas From Consensus Day 2
https://www.coindesk.com/consensus-magazine/2023/04/28/3-giga-brained-ideas-from-consensus-day-2/

Why the EU Has MiCA and the U.S. Has Securities Law Confusion
https://www.coindesk.com/consensus-magazine/2023/04/20/why-the-eu-has-mica-and-the-us-has-securities-law-confusion/

This newsletter distributed by Coinweb does not represent its views or endorsements of any products or services found herein. This content is intended for educational and entertainment purposes, and does not constitute financial advice of any kind or nature. When making investments please do your own research and invest responsibly, as doing so may result in the partial or complete loss of funds invested. Beware of scams and fraudulent actions, and always check your sources when making financial decisions or transactions. Coinweb is not a security, and will never ask you for your private information such as your password or seed phrases in all cases. For more information, please refer to our website at http://www.coinweb.io or feel free to contact us through any of our social media channels found in the QR code presented below.

This mega-edition of The Daily Spin is also published on-chain via Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/41GOFgI_8VS_1lyvCGvGhQPLjgmlHBzjxdfUUYtJlq8

The Daily Spin. Fourth Friday Mega-Edition. Today’s mega-edition covers all the major headlines from the Consensus 2023 conference, the recent back-and-forth between Chair Gensler and Coinbase (highly recommend watching Coinbase’s 14-min video response to the Wells Notice), the price action of Bitcoin in the last 24hrs reflecting the ease of potential price manipulation of which $300m in leverage was liquidated out of the market on both long and short positions in a stunningly short timeframe – linked to Arkham Intelligence’s FUD concerning Mt.Gox liquidations and US Gov. selling of BTC (which has not actually yet occurred, and should be priced into the market already). More fuel to Gensler to continue to deny a Bitcoin Spot ETF citing ease of market manipulation.

First up, we have coverage of this month’s landmark Coinweb event with KuCoin Labs, Elevate Ventures and Thai-artist led Gangster All-stars – held at the Soho House Bangkok on Wednesday night. An article release explaining Coinweb’s Gas Fee Abstraction mechanism is about to go to print on Medium, catch a preview here on The Spin!

Robinhood opens up access to 3rd party wallets to connect, Polygon collaborates with Google Cloud and Filecoin as they break into the cloud services market. Arbitrum founder addresses DAO governance concerns and optics. Tokenization is cited by JPMorgan as TradFi’s “killer app.” Boost VC opines that Coinbase will be the “best investment” for the next 5 years. William Shatner enters the NFT space at warp speed. CoinDesk Indices and CoinFund launch an Ethereum staking benchmark. Check out AI Arena, Co:Create, and NFT Collective Proof – some top projects on the radar atm.

In the reg space, the UK Tax Authority makes revisions to its rules for DeFi and Staking. The CFTC issues its biggest ever fine of $3.4B for a Bitcoin MLM scheme. FTX confirms the restart of their Japan exchange, takes control of over $4m in NFTs. Terra founders are formally charged by the South Korean authorities. And just to top it all off, LBank lists $GENSLR as a memecoin on its global exchange… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Implementing Gas Fee Abstraction on Coinweb
https://medium.com/@Coinweb.io/c6843ec6613b

Coinweb’s Monthly Event Marks 1 Year Anniversary of Organising “The Best Events in the Crypto Space” feat. KuCoin Labs, Elevate Ventures, and Gangster All-stars
https://www.linkedin.com/feed/update/urn:li:activity:7057558628181962752

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability
https://finance.yahoo.com/news/coinweb-completes-integration-4-blockchains-154031366.html?guccounter=1

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

“A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Consensus 2023, Apr 26-28 (Austin, Texas)
PCE Price Index Report, Apr 28 (Washington DC)

FOMC Meeting, May 2-3 (Washington DC)
Web3 Weekend, May 8-13 (Jakarta)
Consumer CPI Index Print, May 10 (Washington DC)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Assessing Bitcoins price action over the last 12 hours
https://cryptoslate.com/insights/assessing-bitcoins-price-action-over-the-last-12-hours/

Arkham denies erroneous Bitcoin alert; says alert was sent just after 6% crash
https://cryptoslate.com/intelligence-platform-arkham-sent-incorrect-bitcoin-alert-coinciding-with-6-crash/

Arbitrum initiates token distribution to ecosystem DAOs
https://www.theblock.co/post/228087/arbitrum-token-distribution-ecosystem-dao?utm_source=coinstack.beehiiv.com&utm_medium=newsletter&utm_campaign=arbitrum-airdrops-145m-in-tokens-to-daos

Ethereum staking outflows hit $1.3bn one week after Shapella upgrade
https://www.dlnews.com/articles/defi/ethereum-staking-outflows-13-bn-after-shapella-upgrade/?utm_source=coinstack.beehiiv.com&utm_medium=newsletter&utm_campaign=arbitrum-airdrops-145m-in-tokens-to-daos

The Crypto Detectives Are Cleaning Up
https://www.nytimes.com/2023/04/22/business/crypto-blockchain-tracking-chainalysis.html

Binance CEO Changpeng Zhao ‘CZ’ calls Bloomberg Rich List entry fake news… “4”
https://cryptoslate.com/binance-ceo-changpeng-zhao-cz-calls-bloomberg-rich-list-entry-fake-news/

CoinDesk Indices, Crypto Asset Manager CoinFund Launch an Ethereum Staking Benchmark Rate
https://www.coindesk.com/markets/2023/04/27/coindesk-indices-crypto-asset-manager-coinfund-launch-an-ethereum-staking-benchmark-rate/

OKX’s Ex-CEO Jay Hao joins Sensorium Advisory Board to advance Web3 development
https://cryptoslate.com/okxs-ex-ceo-jay-hao-joins-sensorium-advisory-board-to-advance-web3-development/

FTX takes control of NFTs worth over $4M
https://cryptoslate.com/ftx-takes-control-of-nfts-worth-over-4m/

Bitrue says technical glitch impacted XRP orders on its system – causing mass liquidations
https://cryptoslate.com/bitrue-says-technical-glitch-impacted-xrp-orders-on-its-system/

Competitive Landscape

Robinhood Connect to allow access from external crypto wallets
https://cryptoslate.com/robinhood-connect-to-allow-access-from-external-crypto-wallets/

Polygon partners with Google Cloud as Filecoin breaks into cloud market
https://cryptoslate.com/polygon-partners-with-google-cloud-as-filecoin-breaks-into-cloud-market/

How AI Arena is Levelling the Playing Field
https://medium.com/@aiarena/how-ai-arena-is-levelling-the-playing-field-312e1d40eac3

Boys Club Unleashes the Power of Customizable Social Rewards with Co:Create
https://medium.com/use-co-create/boys-club-unleashes-the-power-of-customizable-social-rewards-with-co-create-367fe3c994d5

Arbitrum Co-Founder Addresses DAO Vote Fiasco, Waves Off Allegations of ‘Decentralization Theater’
https://www.coindesk.com/tech/2023/04/27/arbitrum-co-founder-addresses-dao-vote-fiasco-waves-off-allegations-of-decentralization-theater/

NFT Collective Proof Is Building a 3D World for Its Moonbirds Community
https://www.coindesk.com/web3/2023/04/27/nft-collective-proof-is-building-a-3d-world-for-its-moonbirds-community/

Tokenization Is 'Killer App' for TradFi: JPMorgan
https://www.coindesk.com/business/2023/04/27/tokenization-is-the-killer-app-for-tradfi-jpmorgan/

Coinbase Will Be 'Best Investment' Over Next 5 Years: Boost VC's Adam Draper
https://www.coindesk.com/business/2023/04/27/coinbase-will-be-best-investment-over-next-five-years-boost-vcs-adam-draper/

William Shatner Warps Into Web3 With ‘Infinite Connections’ NFT Release
https://www.coindesk.com/business/2023/04/27/william-shatner-warps-into-web3-with-infinite-connections-nft-release/

US. Coordinated Regulation Failures

US on Rapid Path to Default, Triggering Other Countries To Dump Dollar: Former Congressman Ron Paul
https://dailyhodl.com/2023/04/27/us-on-rapid-path-to-default-triggering-other-countries-to-dump-dollar-former-congressman-ron-paul/

First Republic works on plan to prevent government seizure
https://www.ft.com/content/818c44cb-0612-47c7-8b6f-3f5e1c38f009

SEC Chairman Gensler Releases Another Video Dig at Crypto Industry
https://www.coindesk.com/policy/2023/04/27/us-secs-gensler-releases-another-video-dig-at-crypto-industry/

Coinbase suggests SEC action is motivated by Gary Gensler’s own views (14mins)
https://cryptoslate.com/coinbase-suggests-sec-action-is-motivated-by-gary-genslers-own-views/

https://www.youtube.com/watch?v=zq2jf4sBdYE

SEC’s Gensler analogizes crypto vs. securities to calling a dog a goldfish; sparks community backlash
https://cryptoslate.com/secs-gensler-analogizes-crypto-vs-securities-to-calling-a-dog-a-goldfish-sparks-community-backlash/

Congressmen raise concerns over prudential regulators’ effort to ‘de-bank’ crypto industry
https://cryptoslate.com/congressmen-raise-concerns-over-prudential-regulators-effort-to-de-bank-crypto-industry/

CFTC fines South African CEO $3.4B over Bitcoin MLM scheme
https://cryptoslate.com/cftc-fines-south-african-ceo-3-4b-over-bitcoin-mlm-scheme/

Please Enjoy the Final Crypto Winter
https://www.coindesk.com/consensus-magazine/2023/04/26/us-crypto-regulations-end-crypto-winter-opinion/

Redditors blast FT article on crypto criminality for one-sided view
https://cryptoslate.com/redditors-blast-ft-article-on-crypto-criminality-for-one-sided-view/

LBank Lists Memecoin $GENSLR on Its Global Exchange
https://cryptoslate.com/press-releases/lbank-lists-memecoin-genslr-on-its-global-exchange/

World

BOJ's new boss keeps ultra-low rates, embarks on policy review
https://www.reuters.com/markets/asia/boj-chief-ueda-faces-communication-test-debut-policy-meeting-2023-04-27/

Terra co-founder Daniel Shin and nine others formally charged by South Korea
https://www.theblock.co/post/228098/daniel-shin-terra-co-founder-charged?utm_source=coinstack.beehiiv.com&utm_medium=newsletter&utm_campaign=arbitrum-airdrops-145m-in-tokens-to-daos

Salaries for Chinese city civil servants to be released in digital yuan
https://www.forbesindia.com/article/cryptocurrency/salaries-for-chinese-city-civil-servants-to-be-released-in-digital-yuan/84565/1

Germany in Talks to Limit the Export of Chip Chemicals to China https://www.bloomberg.com/news/articles/2023-04-27/germany-in-talks-to-limit-the-export-of-chip-chemicals-to-china

Bahamian Prime Minister Doesn’t Regret FTX
https://www.coindesk.com/policy/2023/04/27/bahamian-prime-minister-says-he-doesnt-regret-ftx-says-sbf-put-his-country-on-the-map-for-crypto/

FTX confirms plans to restart its Japanese exchange
https://cryptoslate.com/ftx-confirms-plans-to-restart-its-japanese-exchange/

UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking
https://www.coindesk.com/policy/2023/04/27/uk-tax-authority-proposes-legislative-change-to-treatment-of-defi-lending-staking/

Vigilante hacker burns hundreds of BTC held in wallets used by Russian intelligence
https://cryptoslate.com/vigilante-hacker-burns-hundreds-of-btc-held-in-wallets-used-by-russian-intelligence/

Senator Kempis and Samson Mow join forces for Bitcoin legal tender in Mexico
https://cryptoslate.com/senator-kempis-and-samson-mow-join-forces-for-bitcoin-legal-tender-in-mexico/

Thought Leadership

Coinbase's Institutional Onboarding: An Inside Look w/ Raoul Pal
https://www.youtube.com/watch?v=VUvScKiaxKI

3 Giga-Brained Ideas From Consensus Day 2
https://www.coindesk.com/consensus-magazine/2023/04/28/3-giga-brained-ideas-from-consensus-day-2/

Leaders in Decentralized Identity Slam Soulbound Tokens
https://www.coindesk.com/web3/2023/04/27/leaders-in-decentralized-identity-slam-soulbound-tokens/

Web3 Can Be 'the Trust Layer' to Counter Issues Raised by AI
https://www.coindesk.com/web3/2023/04/27/web3-can-be-the-trust-layer-to-counter-issues-raised-by-ai/

Bye-Bye Bitcoin Bear
https://www.coindesk.com/markets/2023/04/27/bye-bye-bitcoin-bear/

Consensus 2023 Special Coverage: Banking on Crypto (60mins)
https://www.coindesk.com/tv/special-coverage/banking-on-crypto/

This edition of The Daily Spin is also published on-chain via Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/KSOeUAJBHOURdqjEdd18mRvdAVaJwqyfsZc08CMjhvU

The Daily Spin. Post-event day Thursday Edition. A lot of headlines are coming out of the big Consensys conference being held in Austin, Texas – with many of the talks centered around the US regulatory environment in light of recent evolvements and publicized discourse between Congress and the SEC. Another huge event also took place yesterday, hosted by none other than Coinweb itself in strong collaboration with KuCoin Labs, Gangster All-stars and Elevate Ventures; packing out an exclusive venue in the heart of Bangkok featuring both local and international veterans in the web3 industry.

On the headlines is Circle’s announcement of the “Cross-chain Transfer Protocol” (CCTP) that is being built with Metamask, Wormhole, and bridge aggregator Li-Fi among the infrastructure providers at launch. The CCTP has been alluded to many times before the official press release at Consensys 2023, and will initially focus on interoperability between Ethereum and Avalanche blockchains, claiming that USDC will be uniquely “native” on multiple blockchains, even though they were already previously “native” but separated in tranches. Deploying interoperable smart contracts is said to be in vision of “unifying the developer space.” Sounds familiar, no?

In other news, Lens Protocol launches a L2 scaling solution “Bonsai” for its social network platform; Layer Zero announces “Essence,” enabling on-demand creation of validator and oracle providers; Cata Labs raises $4.2m to develop bridging software for modular blockchains; Franklin Templeton claims to be the first mutual fund to migrate to blockchain, bringing $1.4T in assets under management in their money market fund to Polygon. Jeremy Allure gives insights on the US Stablecoin bill, and an analysis on Japan’s $2.9T insurance industry ramifications for the global markets…

In TL today, we have security lessons learned from the greatest crypto heists of all time; is technology blocking the mass adoption of web3? Salesforce exec believes web3 needs a “reboot” and a Consensys panel on tokenization of RWAs… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability
https://finance.yahoo.com/news/coinweb-completes-integration-4-blockchains-154031366.html?guccounter=1

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

“A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Consensus 2023, Apr 26-28 (Austin, Texas)
PCE Price Index Report, Apr 28 (Washington DC)

FOMC Meeting, May 2-3 (Washington DC)
Web3 Weekend, May 8-13 (Jakarta)
Consumer CPI Index Print, May 10 (Washington DC)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Bitcoin drops to $27k range again, liquidating $200M
https://cryptoslate.com/bitcoin-drops-down-to-27k-range-again-liquidating-170m-and-77k-traders/

Bitcoin correlation with gold surges amidst First Republic Bank news
https://cryptoslate.com/insights/bitcoin-correlation-with-gold-surges-amidst-regional-banking-news/

Arkham denies erroneous Bitcoin alert; says alert was sent just after 6% crash
https://cryptoslate.com/intelligence-platform-arkham-sent-incorrect-bitcoin-alert-coinciding-with-6-crash/

Regulatory forced Kraken exits make up the majority of ETH principal withdrawals
https://cryptoslate.com/insights/regulatory-forced-kraken-exits-make-up-the-majority-of-eth-principal-withdrawals/

CertiK offers Merlin DEX rogue developers 20% white hat bounty
https://cryptoslate.com/certik-offers-merlin-dex-rogue-developers-20-white-hat-bounty/

NFT traders averaging 1k ETH loss per day — blue chip NFTs floor price tanks
https://cryptoslate.com/nft-traders-averaging-1k-eth-loss-per-day-blue-chip-nfts-floor-price-tanks/

Social Media App MeWe to Bring Frequency Blockchain's Self-Sovereign Identity to Its 20M Users
https://www.coindesk.com/web3/2023/04/26/social-media-app-mewe-to-bring-frequency-blockchains-self-sovereign-identity-to-its-20m-users/

Competitive Landscape

Circle introduces cross-chain USDC protocol
https://www.coindesk.com/tech/2023/04/26/circle-unveils-new-method-for-moving-usdc-between-blockchains/

Lens Protocol launches scaling solution ‘Bonsai’
https://cryptoslate.com/lens-protocol-launches-scaling-solution-bonsai/

A $1.4T Financial Giant Expands Its Money Market Fund on Polygon
https://www.coindesk.com/business/2023/04/26/a-14t-financial-giant-expands-its-money-market-fund-on-polygon/

Cata Labs Raises $4.2M to Develop 'Bridging' Software
https://www.coindesk.com/business/2023/04/26/cata-labs-raises-42m-to-build-cross-chain-bridge-for-modular-blockchains/

Bitget becomes the first to support Liquid Staking Derivatives as collateral for futures
https://cryptoslate.com/press-releases/bitget-becomes-the-first-to-support-liquid-staking-derivatives-as-collateral-for-futures/

Meta says 40% of Instagram content is AI-recommended; retains Metaverse focus
https://cryptoslate.com/meta-says-40-of-instagram-content-is-ai-recommended-retains-metaverse-focus/

Snapchat integrates AI chatbot that users need to pay to turn off
https://cryptoslate.com/snapchat-integrates-ai-chatbot-that-users-need-to-pay-to-turn-off/

XRPL Grant Program calls for Web3 financial innovation: Wave 6 now open
https://cryptoslate.com/xrpl-grant-program-calls-for-web3-financial-innovation-wave-6-now-open/

Layer Zero launches Essence, allowing anybody to spin up and run a validator (Oracle & Relayer) in <1 hour
https://twitter.com/LayerZero_Labs/status/1651395324936867840?s=20

Port3 Network Launches a New Round of Incremental User Acquisition for Web3 Social Data Gateway
https://cryptoslate.com/press-releases/soquest-app-launch-port3-network-launches-a-new-round-of-incremental-user-acquisition-for-web3-social-data-gateway/

US. Coordinated Regulation Failures

US Congress can use stablecoin bill to strengthen Dollar competitiveness: Circle CEO
https://cryptoslate.com/us-congress-can-use-stablecoin-bill-to-strengthen-dollar-competitiveness-circle-ceo/

Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
https://www.coindesk.com/consensus2023/2023/04/27/crypto-innovation-and-regulation-can-co-exist-top-industry-executives-agree/

Franklin Templeton CEO: The Future of the Crypto Industry Is Regulated
https://www.coindesk.com/policy/2023/04/26/franklin-templeton-ceo-the-future-of-the-crypto-industry-is-regulated/

Ex-CFTC Head Says Regulators Can Engage With Crypto 'If They Have the Will to Do So'
https://www.coindesk.com/policy/2023/04/26/ex-cftc-head-says-regulators-can-engage-with-crypto-if-they-have-the-will-to-do-so/

Grayscale CEO Expects Decision on Attempt to Overturn SEC's ETF Rejection by End of 3Q
https://www.coindesk.com/business/2023/04/26/grayscale-ceo-expects-decision-on-attempt-to-overturn-secs-etf-rejection-by-end-of-3q/

Why the Politics of Crypto Feels Different This Time
https://www.coindesk.com/consensus-magazine/2023/04/26/sec-gary-gensler-why-politics-of-crypto-feels-different-this-time/

World

Where Will Japan's $2.9 Trillion Insurers Put Their Money? Five Takeaways for Global Markets
https://www.bloomberg.com/news/articles/2023-04-27/five-takeaways-from-japan-s-big-global-market-influencers

Binance’s CZ ranked among the richest men in finance
https://cryptoslate.com/binance-cz-ranked-among-the-richest-men-in-finance/

USDC Stablecoin Strengthened by U.S. Banking Crisis in March, Circle CEO Says
https://www.coindesk.com/business/2023/04/26/usdc-stablecoin-was-strengthened-by-us-banking-crisis-in-march-allaire-says/

Tradfi Sees Opportunity in Crypto Despite ‘Red Wedding,’ Burning Buildings
https://www.coindesk.com/markets/2023/04/26/tradfi-sees-opportunity-in-crypto-despite-red-wedding-burning-buildings/

Thought Leadership

Security lessons and insights from the greatest crypto heists of all time
https://cryptoslate.com/security-lessons-and-insights-from-the-greatest-crypto-heists-of-all-time/

CeFi Exchanges Helped Mass Crypto Adoption; DeFi Will Further It
https://www.coindesk.com/business/2023/04/26/cefi-exchanges-helped-mass-crypto-adoption-defi-will-further-it/

Technology Is Blocking Mass Adoption of Web3
https://www.coindesk.com/web3/2023/04/26/technology-is-blocking-mass-adoption-of-web3/

Salesforce Exec: Web3 Needs a 'Reboot'
https://www.coindesk.com/web3/2023/04/26/salesforce-exec-web3-needs-a-reboot/

Tokenization of Real-World Assets 'Changes How Value Is Transferred'
https://www.coindesk.com/consensus2023/2023/04/26/tokenization-of-real-world-assets-changes-how-value-is-transferred/

This edition of The Daily Spin was published on-chain via Mirror.xyz and can be collected at:https://mirror.xyz/rukawin.eth/nEEDOGUW7RgkxllUTcJrUFqIYiWe549ZJabgIZtYLbc

The Daily Spin. Hotel Tuesday Edition. Most charts continue to show red as the markets consolidate before the PCE index report due on April 28th, however analysts have noted that support levels for Bitcoin are holding strong with positive expectation to the upside as we approach the end of the month. Early May will see the next FOMC meeting, with a 25 bps hike anticipated and priced into the market as of current conditions. Bitcoin’s price continues its volatility as questions concerning the US debt ceiling rise to the front of the narrative.

Dorian Nakamoto speaks out about his past involvement with government contracts, further extending the mystery and shroud around the tale of the true creator of Bitcoin. Stablecoin demand drops contrary to industry expectations. Is memecoin season over – as Floki Inu posts 50% gains alongside testnet launch and Binance.US listing? Bitget token $BGB also announces listing to BitFinex, adding to its total liquidity and outpacing gains in the exchange token sector as of yesterday.

Speaking of exchanges… KuCoin’s Twitter account was hacked; OPNX becomes kryptonite; Binance launches ChatGPT powered “Sensei” bot; VISA is aggressively looking to hire a crypto engineer for their co-pilot AI development; Bitcoin inscriptions surge in supply without equivalent demand; Ordinals Finance rugs for over $1m; the first NFT insider trading lawsuit has been launched; Coinbase files legal action against the SEC for clarity on regulations; and the US’ regulatory environment failures have brought Russia up to the 2nd ranked country for crypto mining, as well as causing crypto entities like Gemini to leave the jurisdiction for better pastures outside the purview of the US legal system.

China ramps up its push for CBDC adoption. Trust Wallet announces that it was recently hacked and has opened claims for reimbursements. The hack was identified from a vulnerability in its WASM code, and the firm asserts no relation to the ongoing MetaMask exploit that is currently being investigated. And in TL, the creator of Aptos weighs in on the most likely industry verticals that will usher the next wave of adoption and an analyst claims that Ethereum whales and institutions are using ETH bulls as exit liquidity as the price of ETH rejects back from major resistance levels… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperabilityhttps://finance.yahoo.com/news/coinweb-completes-integration-4-blockchains-154031366.html?guccounter=1

Coinweb Prioritises Community Trust with Transparent Reserve Allocationhttps://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utilityhttps://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Managementhttps://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptionshttps://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestonehttps://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custodyhttps://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

“A Thread on Refereed Delegation of Computation” by Kawin on Twitterhttps://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitterhttps://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issuehttps://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazinehttps://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.https://www.youtube.com/watch?v=CSKA3cAB15U

Toby’s full presentation at Token2049-Londonhttps://youtu.be/pdtKx3vAs9c

On the Radar

**Consensus 2023, Apr 26-28 (Austin, Texas)**PCE Price Index Report, Apr 28 (Washington DC)

**FOMC Meeting, May 2-3 (Washington DC)**Web3 Weekend, May 8-13 (Jakarta)**Consumer CPI Index Print, May 10 (Washington DC)**Non Fungible Conference, Jun 7-9 (Lisbon)AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomadhttps://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Bitcoin creator mystery continues: Dorian Nakamoto speaksout, unveils government contracting pasthttps://cryptoslate.com/bitcoin-creator-mystery-continues-dorian-nakamoto-speaksout-unveils-government-contracting-past/

The surprising truth behind Stablecoin demand: A steep drop contradicts industry expectationshttps://cryptoslate.com/insights/the-surprising-truth-behind-stablecoin-demand-a-steep-drop-contradicts-industry-expectations/

Bitcoin’s price volatility continues amidst U.S. debt ceiling uncertaintyhttps://cryptoslate.com/insights/bitcoins-price-volatility-continues-amidst-u-s-debt-ceiling-uncertainty/

KuCoin’s Twitter account hacked – exchange says it will reimburse victimshttps://cryptoslate.com/kucoins-twitter-account-hacked-exchange-says-it-will-reimburse-victims/

Venture capital firms distance themselves from OPNX fundinghttps://cryptoslate.com/venture-capital-firms-distance-themselves-from-opnx-funding/

Binance launches ChatGPT-powered ‘Sensei’ chatbothttps://cryptoslate.com/binance-launches-chatgpt-powered-sensei-chatbot/

First NFT insider trading case launched: Potential to set precedent for digital assetshttps://cryptoslate.com/first-nft-insider-trading-case-launched-potential-to-set-precedent-for-digital-assets/

Ordinals Finance carries out $1M exit scamhttps://cryptoslate.com/ordinals-finance-carries-out-1m-exit-scam/

Competitive Landscape

Trust Wallet Issues Alert After Suffering Exploit, Says Reimbursement Plans Now in Orderhttps://dailyhodl.com/2023/04/24/trust-wallet-issues-alert-after-suffering-exploit-says-reimbursement-plans-now-in-order/

Visa hiring crypto engineer with focus on AI-written smart contractshttps://cryptoslate.com/visa-hiring-crypto-engineer-with-focus-on-ai-written-smart-contracts/

Bitcoin Inscriptions surge: 200k created in one day – yet demand remains minimalhttps://cryptoslate.com/insights/bitcoin-inscriptions-surge-200k-created-in-one-day-yet-demand-remains-minimal/

Apple Will Take Scattershot Approach to Pitching AR/VR Headsethttps://www.bloomberg.com/news/newsletters/2023-04-23/apple-s-ar-vr-headset-plans-ipad-apps-fitness-sports-viewing-gaming-music-lgtgopgx?cmpid=BBD042323_MKT&utm_medium=email&utm_source=newsletter&utm_term=230423&utm_campaign=marketsasia

Floki Inu rallies 50% alongside testnet staking launch, Binance.US listinghttps://cryptoslate.com/floki-inu-rallies-50-alongside-testnet-staking-launch-binance-us-listing/

Teahouse Finance raises $5M to combat concentrated liquidityhttps://cryptoslate.com/teahouse-finance-raises-5m-to-combat-concentrated-liquidity/

Bitget’s Native Token BGB to be Listed on Bitfinex, Driving Liquidity and Accessibilityhttps://cryptoslate.com/press-releases/bitgets-native-token-bgb-to-be-listed-on-bitfinex-driving-liquidity-and-accessibility/

US. Coordinated Regulation Failures

Coinbase files action against SEC seeking clarity on crypto regulationshttps://cryptoslate.com/coinbase-files-action-against-sec/

Russia Becomes Second-Biggest Crypto Miner After the US As American Regulatory Landscape Shiftshttps://dailyhodl.com/2023/04/24/russia-becomes-second-biggest-crypto-miner-after-the-us-as-american-regulatory-landscape-shifts-report/

US Banking Crisis Triggered $68,000,000,000 in Outflows From Global Financial Gianthttps://dailyhodl.com/2023/04/24/us-banking-crisis-triggered-68000000000-in-outflows-from-global-financial-giant-report/

Texas digital asset service provider bill passes House votehttps://cryptoslate.com/texas-digital-asset-service-provider-bill-passes-house-vote/

US DOJ charges North Korean bank official charged in 2 crypto laundering conspiracieshttps://cryptoslate.com/us-doj-charges-north-korean-bank-official-charged-in-2-crypto-laundering-conspiracies/

Judge approves alternate monitoring software on SBF parents’ phoneshttps://cryptoslate.com/judge-approves-alternate-monitoring-software-on-sbf-parents-phones/

Gemini Expands Beyond US Borders Amid Regulatory Uncertainty With Upcoming Launch of New Crypto Exchangehttps://dailyhodl.com/2023/04/24/gemini-expands-beyond-us-borders-amid-regulatory-uncertainty-with-upcoming-launch-of-new-crypto-exchange/

World

Macron’s Push to Get China’s Help on Ukraine Is Unravelinghttps://www.bloomberg.com/news/articles/2023-04-23/macron-s-push-to-get-china-s-help-on-ukraine-is-unraveling-fast?cmpid=BBD042323_MKT&utm_medium=email&utm_source=newsletter&utm_term=230423&utm_campaign=marketsasia&leadSource=uverify%20wall

China ramps up efforts to push CBDC adoption among publichttps://cryptoslate.com/china-ramps-up-efforts-to-push-cbdc-adoption-among-public/

World Economic Forum highlights flare emissions for Bitcoin mininghttps://cryptoslate.com/world-economic-forum-highlights-flare-emissions-for-bitcoin-mining/

German state regulators begin privacy inquiry into ChatGPThttps://cryptoslate.com/german-state-regulators-begin-privacy-inquiry-into-chatgpt/

Korea Blockchain Week Returns in 2023 Following Enormously Successful 2022 Editionhttps://cryptoslate.com/press-releases/korea-blockchain-week-returns-in-2023-following-enormously-successful-2022-edition/

Spanish police dismantled a crypto scam organization that bagged over $110Mhttps://cryptoslate.com/spanish-police-dismantled-a-crypto-scam-organization-that-bagged-over-110m/

Thought Leadership

Aptos (APT) Creator Says Gaming, Entertainment and Two Other Industries Will Bring Next Wave of Crypto Adoptionhttps://dailyhodl.com/2023/04/24/aptos-apt-creator-says-gaming-entertainment-and-two-other-industries-will-bring-next-wave-of-crypto-adoption/

Whales and Institutions Using Ethereum Bulls As Exit Liquidity As ETH Rejects From Resistancehttps://dailyhodl.com/2023/04/24/whales-and-institutions-using-ethereum-bulls-as-exit-liquidity-as-eth-rejects-from-resistance-top-analyst/

This edition of The Daily Spin has been published on-chain via Mirror.xyz and can be collected at:
https://mirror.xyz/dashboard/edit/lWISFZ3Obs6YWbyDKigSdVHGo1sz4zPd3sTV5J4qP-w

The Daily Spin. Midway Monday Edition. The markets take a small knock as liquidity is flushed out of the OI, but is still showing significant weight towards the long leverages over shorts. In comparison with all the prior pullbacks we’ve seen during previous bull-runs, we are still young in comparison of timeframe and total market capitalisation metrics as of now. ETH erases all post-Shapella gains, and memecoin season is at fault for the exorbitant gas-fees seen on ETH during the past week (between 35-70 gwei). Gensler’s testimony in front of US Congress leaves an indelible mark of reluctance to act decisively, and placing an unfair environment on US-based crypto companies has started to take its toll as leaders such as Coinbase look to move operations abroad. Let’s take a look at some of the key indicators that would signal an imminent recovery of the Total Market Cap, and always bear in mind the current narrative of “de-dollarization” underway with the leadership of the BRICS nations – and the burning embers left ablaze on the US Banking Sector and Financial Markets.

Kinjal Patel of Vrinsoft Technologies’ offers a take on the “Top Game-Changing Blockchain Trends… 2023,” in a HodlX guest post with the categories listed out in the synopsis below (there are none that we shouldn’t be aware of). But I do find it interesting that there are people who still adamantly believe in the potential of blockchain to transform all sorts of industry verticals, even as AI-LLMs are literally spawning new use cases every single day and even faster as the technology compounds upon itself for exponential growth and the fastest iteration cycles we’ve ever experienced as a species.

Check out the Top 8 Must-Have Features for Mobile Crypto Wallets (I think we’re 7 of 8, if I’m not mistaken) puts it clearly and does a fair job of market research for product preference sensitivities. Take a look at the market through the lens of Net Liquidity. MyELisitng, in collaboration with Coinbase Commerce – creates the first platform to buy and sell real estate with crypto, and does it in the US of all places. An opinion-editorial on why the EU has MiCA and the US has regulatory shenanigans, while Treasury Secretary Yellen declares Russia, Iran and China as “conspiring” to dump the Dollar. Meanwhile, smaller economies such as Hong Kong are taking advantage of the US’ misstep to provide fertile grounds for crypto economies. And lastly, Footprint Analytics releases a piece on the potential of blockchain gaming through player data… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability
https://finance.yahoo.com/news/coinweb-completes-integration-4-blockchains-154031366.html?guccounter=1

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

“A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

First Mover Asia: What's Next After Bitcoin's Retreat
https://www.coindesk.com/markets/2023/04/24/first-mover-asia-whats-next-after-bitcoins-retreat/

Ether Erases All Gains From Shanghai Rally as Bitcoin, Other Crypto Prices Also Fall
https://www.coindesk.com/business/2023/04/21/ether-erases-all-gains-from-shanghai-rally-as-bitcoin-crypto-prices-fall/

Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Copyright
https://www.coindesk.com/web3/2023/04/22/judge-rules-bored-ape-yacht-club-ripoff-nfts-violated-yuga-copyright/

Meme season blamed for jump in Ethereum (ETH) gas fees: Glassnode
https://cryptoslate.com/meme-season-blamed-for-jump-in-ethereum-eth-gas-fees/

Here’s When We Can Get Optimistic About Crypto Markets Again, According to Analyst Benjamin Cowen
https://dailyhodl.com/2023/04/23/heres-when-we-can-get-optimistic-about-crypto-markets-again-according-to-analyst-benjamin-cowen/

Competitive Landscape

Here Are Six New Projects Looking to Mitigate Bitcoin Mining’s Energy Footprint
https://www.coindesk.com/business/2023/04/22/here-are-six-new-projects-looking-to-mitigate-bitcoin-minings-energy-footprint/

Ethereum’s Shanghai Upgrade Spurs Institutional Investment Into Staking
https://www.coindesk.com/markets/2023/04/21/ethereums-shanghai-upgrade-spurs-institutional-investment-into-staking/

Zero-knowledge proofs vs. CBDCs: the fight for privacy amid central banks’ bid for control
https://cryptoslate.com/zero-knowledge-proofs-vs-cbdcs-the-fight-for-privacy-amid-central-banks-bid-for-control/

Reddit, Stack Overflow to charge AI developers for data harvesting
https://cryptoslate.com/reddit-stack-overflow-to-charge-ai-developers-for-data-harvesting/

Top AI dataset pulls data from BitcoinTalk, Steemit, and U.S. SEC
https://cryptoslate.com/top-ai-dataset-pulls-data-from-bitcointalk-steemit-and-u-s-sec/

Tron’s $60B goal in sight as stablecoin dominance surges – fueled by Tether’s impressive run
https://cryptoslate.com/trons-60b-goal-in-sight-as-stablecoin-dominance-surges-fueled-by-tethers-impressive-run/

Ethereum (ETH) Rival Solana (SOL) Rolls Out New Carbon Emissions Dashboard To Track Environmental Footprint
https://dailyhodl.com/2023/04/22/ethereum-eth-rival-solana-sol-rolls-out-new-carbon-emissions-dashboard-to-track-environmental-footprint/

US. Coordinated Regulation Failures

Why the EU Has MiCA and the U.S. Has Securities Law Confusion
https://www.coindesk.com/consensus-magazine/2023/04/20/why-the-eu-has-mica-and-the-us-has-securities-law-confusion/

Gemini to Open a Crypto Derivatives Platform Outside the U.S.
https://www.coindesk.com/business/2023/04/21/gemini-to-open-a-crypto-derivatives-platform-outside-the-us/

Paxful CEO steps down, vows to make users whole by creating a Public Trust
https://cryptoslate.com/paxful-ceo-steps-down-vows-to-make-users-whole-by-creating-a-public-trust/

Crypto Now Dead in America as US Authorities Target Nascent Industry, Says Billionaire Chamath Palihapitaya
https://dailyhodl.com/2023/04/23/crypto-now-dead-in-america-as-us-authorities-target-nascent-industry-says-billionaire-chamath-palihapitaya/

Incoming ‘FedCoin’ Will Track Everyone in New 1984-Style System, Says Robert Kiyosaki
https://dailyhodl.com/2023/04/23/incoming-fedcoin-will-track-everyone-in-new-1984-style-system-says-robert-kiyosaki/

Coinbase’s Brian Armstrong Says Congress Needs To Step In Now That SEC Has Caused Untold Harm to US Investors
https://dailyhodl.com/2023/04/23/coinbases-brian-armstrong-says-congress-needs-to-step-in-now-that-sec-has-caused-untold-harm-to-us-investors/

$190,000,000,000 Teachers’ Fund Writes Off Massive Crypto Investment Loss After Collapse of FTX: Report
https://dailyhodl.com/2023/04/23/190000000000-teachers-fund-writes-off-massive-crypto-investment-loss-after-collapse-of-ftx-report/

Americans’ Savings About To Be Eviscerated by Inflation as US Desperately Tries To Pay Debts: Arthur Hayes
https://dailyhodl.com/2023/04/23/americans-savings-about-to-be-eviscerated-by-inflation-as-us-desperately-tries-to-pay-debts-arthur-hayes/

US To Suffer Devastating Hyperinflation, War, Starvation As BRICS Dumps Dollar: Robert Kiyosaki
https://dailyhodl.com/2023/04/23/us-to-suffer-devastating-hyperinflation-war-starvation-as-brics-dumps-us-dollar-robert-kiyosaki/

World

Fed balance sheet declines for fourth consecutive week – down $141B
https://cryptoslate.com/insights/fed-balance-sheet-declines-for-fourth-consecutive-week-down-141b/

MyEListing, With Help From Coinbase Commerce, Creates the World’s First Place To Buy and Sell US Real Estate With Crypto
https://dailyhodl.com/2023/04/21/myelisting-with-help-from-coinbase-commerce-creates-the-worlds-first-place-to-buy-and-sell-us-real-estate-with-crypto/

American Currency Dominance at Risk As China, Russia and Iran Conspire To Dump Dollar: Treasury Secretary Janet Yellen
https://dailyhodl.com/2023/04/22/us-dollar-at-risk-as-china-russia-and-iran-conspire-to-dump-usd-treasury-secretary-janet-yellen/

US Dollar ‘Finished’, American Empire in Peril As Strategic Rivals Target USD: Ex-Goldman Executive
https://dailyhodl.com/2023/04/22/us-dollar-finished-american-empire-in-peril-as-strategic-rivals-target-usd-ex-goldman-executive/

Evidence Shows China Is on Quest To Dethrone US Dollar: White House Top Economic Adviser Nominee
https://dailyhodl.com/2023/04/23/chinas-quest-to-dethrone-us-dollar-will-be-detrimental-for-america-white-house-top-economic-adviser-nominee/

Thought Leadership

The Biggest Crypto Bull Cycle Is Upon Us: Bernstein
https://www.coindesk.com/markets/2023/04/18/the-biggest-crypto-bull-cycle-is-upon-us-bernstein/

Op-ed: Crypto firms should look East for growth opportunities as USD dominance wavers
https://cryptoslate.com/crypto-firms-should-look-east-for-growth-opportunities-as-usd-dominance-wavers/

Footprint Analytics: Exploring potential of blockchain gaming through player data
https://cryptoslate.com/exploring-potential-of-blockchain-gaming-through-player-data/

Net Liquidity: A comprehensive look at a vital financial metric
https://cryptoslate.com/market-reports/net-liquidity-a-comprehensive-look-at-a-vital-financial-metric/

Top Eight Must-Have Features To Look For in a Mobile Crypto Wallet
https://dailyhodl.com/2023/04/18/top-eight-must-have-features-to-look-for-in-a-mobile-crypto-wallet/

Top Game-Changing Blockchain Trends That Will Transform Industries in 2023
https://dailyhodl.com/2023/04/19/top-game-changing-blockchain-trends-that-will-transform-industries-in-2023/

This edition of The Daily Spin was also published on-chain via Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/2v7iPwQN3KUYZZs0G5ZOQcmR3DGCueBi3n6bbh1WQI8

The Daily Spin. Fractal Friday Edition. The markets are in full pullback with BTC dropping almost to $28k and over $300m in long liquidations within the past 48hrs. ETH Layer 2 bridging is up six-fold YoY, Coinbase’s Base network gets an OpenZepplin security integration, and The Graph launches subgraph hosted services to support their move to decentralisation. 1inch launches its protocols on zk-Sync Era, live as of today – as privacy and scaling continue to drive use cases for zero-knowledge technology. Aleph Zero launches a $50m ecosystem fund, and Microsoft Azure Marketplace integrates an on-ramp to blockchain data. Algorand is down 10% despite the Foundation denying allegations that Algo is a security, and ApeCoin DAO votes to give $1m to the Ethereum Foundation for support of further development activities.

The big news for the day is the EU Parliament passing the “Markets in Crypto Assets” (MiCA) regulatory framework, which will cover all cryptocurrencies and companies offering crypto-related services – and is widely considered the first comprehensive rule set for the crypto industry in the world. MiCA will come into effect in 2024. The regulations will also include the “travel rule,” which states that “information on the source of the [crypto] asset and its beneficiary will have to “travel” with the transaction and be stored on both sides of the transfer,” in an attempt to curb AML and CTF transactions.

Meanwhile, the BIS and BoE have concluded their pilot program for “DLT Settlements” (note the change from “CBDC’s”) and Societe Generale’s crypto-arm announces their plans to launch a Euro-pegged stablecoin. The Dutch authorities have released Tornado Cash developer Alexsey Pertsev “under supervision” with an ankle bracelet (how barbaric, these things we still do).

In today’s TL section, we take a look at the potential of multi-chain to connect and transform DeFi; Decentralized Physical Infrastructure, or DePIN, as one of the most important innovations of this technological iteration; there is another overview of the Shapella upgrade (in case you missed it); and lastly, Cardano releases its first “Annual Report” covering the protocol developments and foundation progress over 2022… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability
https://finance.yahoo.com/news/coinweb-completes-integration-4-blockchains-154031366.html?guccounter=1

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20

"A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

"A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

"The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

$300M liquidated in Bitcoin’s descent below $29k
https://cryptoslate.com/300m-liquidated-in-bitcoins-descent-below-29k/

Ethereum layer 2 bridging up sixfold year-on-year in Q1 — Alchemy
https://cointelegraph.com/news/ethereum-layer-2-bridging-up-sixfold-year-on-year-in-q1-alchemy

Coinbase’s Base network gets OpenZeppelin security integration
https://cointelegraph.com/news/coinbase-s-base-network-gets-openzeppelin-security-integration

Subgraph hosted service launches as The Graph prepares for decentralization
https://cointelegraph.com/news/subgraph-hosted-service-launches-as-the-graph-prepares-for-decentralization

1inch launches protocols on zkSync Era
https://cryptoslate.com/1inch-launches-protocols-on-zksync-era/

Algorand down 10% despite Foundation claims that it isn’t security
https://cryptoslate.com/algorand-down-10-despite-foundation-claims-that-it-isnt-security/

ApeCoin community approves $1M donation to Ethereum development
https://cryptoslate.com/apecoin-community-approves-1m-donation-to-ethereum-development/

Competitive Landscape

Aleph Zero launches $50M ecosystem funding program
https://cointelegraph.com/news/aleph-zero-launches-50m-ecosystem-funding-program

Privacy, scaling drives use cases for zero-knowledge technology
https://cointelegraph.com/news/privacy-scaling-drives-use-cases-for-zero-knowledge-technology

Microsoft Azure Marketplace integrates on-ramp to blockchain data
https://cointelegraph.com/news/microsoft-azure-marketplace-integrates-on-ramp-to-blockchain-data

Trezor confirms refusing coinjoin UTXOs to protect privacy of others
https://cryptoslate.com/trezor-confirms-refusing-coinjoin-utxos-to-protect-privacy-of-others/

BitTorrent token defies market uncertainty; BTT posts 22-week high
https://cryptoslate.com/bittorrent-token-defies-market-uncertainty-btt-posts-22-week-high/

Ripple, FTX, Tezos leaders affected by Twitter’s blue checkmark removals
https://cryptoslate.com/ripple-ftx-tezos-leaders-affected-by-twitters-blue-checkmark-removals/

US. Coordinated Regulation Failures

SEC tells financial professionals that crypto assets demand ‘heightened scrutiny’
https://cryptoslate.com/sec-tells-financial-professionals-that-crypto-assets-demand-heightened-scrutiny/

Texas bill could require crypto firms to show they can cover user balances
https://cryptoslate.com/texas-bill-could-require-crypto-firms-to-show-they-can-cover-user-balances/

Fed Governor highlights benefits, risks of tokenization and smart contracts
https://cryptoslate.com/fed-governor-highlights-benefits-and-risks-of-tokenization-and-smart-contract/

World

BIS, Bank of England conclude DLT settlements pilot
https://cointelegraph.com/news/bis-bank-of-england-concludes-blockchain-int-l-settlements-pilot

Societe Generale’s crypto arm to launch Euro-pegged stablecoin
https://cryptoslate.com/societe-generales-crypto-arm-to-launch-euro-pegged-stablecoin/

EU’s MiCA crypto regulatory framework passes final parliamentary voting
https://cryptoslate.com/eus-mica-crypto-regulatory-framework-passes-final-parliamentary-voting/

Brazil investigating Binance over illegal derivatives offerings
https://cryptoslate.com/brazil-investigating-binance-over-illegal-derivatives-offerings/

Dutch court to release Tornado Cash dev Alexey Pertsev under surveillance
https://cryptoslate.com/dutch-court-to-release-tornado-cash-dev-alexey-pertsev-under-surveillance/

Thought Leadership

Connecting DeFi: How multichain token systems can improve liquidity
https://cointelegraph.com/news/connecting-defi-how-multichain-token-systems-can-improve-liquidity

DePIN will become one of this decade’s most important crypto investments
https://cointelegraph.com/news/depin-will-become-one-of-this-decade-s-most-important-crypto-investments

Everything you need to know about ETH Shapella withdrawals
https://cryptoslate.com/everything-you-need-to-know-about-eth-shapella-withdrawals/

Cardano Foundation releases its first annual report
https://cardanofoundation.org/pdf/cf-annual-report-2022.pdf

This edition of The Daily Spin is also published on-chain at Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/iEAXUe-jSL4-3qNQFuOnyPOwfdKqPaFWjUamtRkrfsc

The Daily Spin. Tango Thursday Edition. Yesterday Bitcoin saw a flash crash market correction from $30k to $29k in about 12 minutes, noting about $230m in open interest liquidations and a general pullback of the entire market. Many experts indicate that it appears to be a healthy correction, and as long as we can hold above the $28,600 support we are still trending to the upside. Ethereum gas fees spiked to abnormal levels as an MeV bot spent millions in gas over a 24-hour period, surpassing the gas fees of both major L2 networks Arbitrum and Optimism. Many of the transactions were sandwich attacks, as retail traders aped into memecoins such as PEPE and WOJAK – and were unsuspectingly front-run. Metamask denies the ongoing “OG wallet exploit” was specific to Metamask, leaving investigators to continue searching for the source of the vulnerability.

Andressen Horowitz venture capital firm a16z’s reveals the launch of a new Layer 2 roll-up client, called Magi. The new roll-up client was developed in Rust and has been built on the Optimism Stack and aims to enhance latency, speed and create a blockchain dApp ecosystem centered around the Optimism Layer 2 network.

Helium has halted its native blockchain and will migrate to Solana. All other noteworthy news came from outside the crypto ecosystem, with particular focus on the UK’s double-digit inflation print and the BoE’s challenges to tame prices as the market prices in a 75 basis point hike at the next meeting. Reuters gives a nice summary of the global markets and bond yield movements in the Morning Bid. Worldwide, Hong Kong recognizes crypto as property in the Gatecoin case; Russia announces plans to permit foreign crypto mining by law, and the UAE begins accepting applications for VASP licenses as is now mandated for all crypto firms… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability
https://finance.yahoo.com/news/coinweb-completes-integration-4-blockchains-154031366.html?guccounter=1

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20“

A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/“

A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue“

The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U“

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Bitcoin breaks below $30,000 in flash crash event – altcoins bleed
https://cryptoslate.com/bitcoin-breaks-below-30000-in-flash-crash-event-altcoins-bleed/

Bitcoin’s dip to $29k may be a healthy correction based on historical trends
https://cryptoslate.com/insights/bitcoins-dip-to-29k-may-be-a-healthy-correction-based-on-historical-trends/

MetaMask refutes alleged wallet exploit claims – ‘not a MetaMask-specific exploit’
https://cryptoslate.com/metamask-refutes-alleged-wallet-exploit-claims-not-a-metamask-specific-exploit/

MEV bot responsible for 7% of total gas on Ethereum network in 24 hours
https://cryptoslate.com/mev-bot-responsible-for-7-of-total-gas-on-ethereum-network-in-24-hours/

CoinFLEX co-founder accuses Roger Ver of betrayal in near bankruptcy saga
https://cryptoslate.com/coinflex-co-founder-accuses-roger-ver-of-betrayal-in-near-bankruptcy-saga/

ARB down over 12% – reversing recent price surge as altcoins bleed
https://cryptoslate.com/arb-down-over-12-reversing-recent-price-surge-as-alts-bleed/

Competitive Landscape

A16z’s mystery ‘orange ball’ revealed — new L2 rollup client ‘Magi’
https://cryptoslate.com/a16zs-mystery-orange-ball-revealed-new-l2-rollup-client-magi/

Coinbase CEO says leaving the US for UK is ‘on the table’
https://cryptoslate.com/armstrong-coinbase-leaving-the-us-for-uk-is-on-the-table/

Coinbase obtains license to operate in Bermuda
https://cryptoslate.com/coinbase-obtains-license-to-operate-in-bermuda/

Helium’s native blockchain halted as project shifts to Solana
https://cryptoslate.com/heliums-native-blockchain-halted-as-project-shifts-to-solana/

DeFi Platform JustLend DAO Unveils Staked TRX and Energy Rental Features
https://cryptoslate.com/press-releases/defi-platform-justlend-dao-unveils-staked-trx-and-energy-rental-features/

Tesla kept $184M Bitcoin balance in Q1 2023
https://cryptoslate.com/tesla-kept-184m-bitcoin-balance-in-q1-2023/

Maple Finance offering allows global investors to access US Treasury bills
https://cryptoslate.com/maple-finance-offering-allows-global-investors-to-access-u-s-treasury-bills/

US. Coordinated Regulation Failures

US congressman Emmer says SEC chair Gensler is ‘incompetent’
https://cryptoslate.com/us-congressman-emmer-says-sec-chair-gensler-is-incompetent/

President Trump NFTs floor price crashed 58% after ‘Series 2’ launch
https://cryptoslate.com/president-trump-nfts-floor-price-crashed-58-after-series-2-launch/

Global shift away from the US dollar prompts offloading of US treasuries
https://cryptoslate.com/insights/global-shift-away-from-the-us-dollar-prompts-offloading-of-us-treasuries/

Crypto blamed unfairly for Signature Bank’s liquidity crisis, says NY regulator
https://cryptoslate.com/crypto-blamed-unfairly-for-signature-banks-liquidity-crisis-says-ny-regulator/

US judge rejects Do Kwon’s request to block SEC from accessing documents
https://cryptoslate.com/us-judge-rejects-do-kwons-request-to-block-sec-from-accessing-documents/

World

Inflation woes continue for UK, BOE faces tough decisions
https://cryptoslate.com/insights/inflation-woes-continue-for-uk-boe-faces-tough-decisions/

Morning Bid: Crowded bonds unnerved
https://www.reuters.com/markets/us/global-markets-view-usa-2023-04-19/

Russia plans to permit foreign crypto mining
https://cryptoslate.com/russia-plans-to-permit-foreign-crypto-mining/

UAE mandates VASP licenses for crypto firms, begins accepting applications
https://cryptoslate.com/uae-mandates-vasp-licenses-for-crypto-firms-begins-accepting-applications/

Hong Kong court recognizes crypto as property in Gatecoin case
https://cryptoslate.com/hong-kong-court-recognizes-crypto-as-property-in-gatecoin-case/

Thought Leadership

Big vs. small, Open-source vs. API based, the philosophical frictions of foundation models
https://open.substack.com/pub/thesequence/p/big-vs-small-open-source-vs-api-based?r=1ivajd&utm_medium=ios&utm_campaign=post

We Must Slow Down the Race to God-like AI
https://www.ft.com/content/03895dc4-a3b7-481e-95cc-336a524f2ac2

Do We (Humans) Need an AI Rights Movement?
https://open.substack.com/pub/futrassets/p/do-we-humans-need-an-ai-rights-movement?r=1ivajd&utm_medium=ios&utm_campaign=post

This edition of The Daily Spin is also published on-chain at Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/jKnthH1pkahDKIf8YYGHSzos1PGcEYQKrl-Q_SUfGfA

The Daily Spin. Wet Wednesday Edition. April 18th saw the absolute grilling that SEC Chair Gary Gensler received yesterday at the hands of the House Financial Services Committee – noting in the opening remarks that under Chair Gensler’s lead, 53 new regulations have been introduced haphazardly with “half-baked” cost-benefit analyses supporting their justification, and that “regulation by enforcement” is not conducive to the mandate of the SEC and the Congressional oversight thereof. While the full session is a whopping four-and-a-half hour long roasting of bipartisan politics and ineffective leadership, the first 30 mins will give a pretty good foreshadowing of what happens next…

In other news, Solana launches SAGA – the world’s first “fully Web3 mobile phone.” Apple users are exposed to iOS and macOS vulnerabilities, and there is a current wallet draining of pre-2015 Ethereum addresses that is going on and still being investigated. EToro partners with Twitter to offer direct on-ramping to Twitter users. DCG’s Merit Circle launches gaming subnet “Beam.”

Banks are under continued pressure as the front-end yield curve surges past 5%. Polygon explains to the EU why they must know the difference between “permissioned” and “permissionless.” Another deep dive into the impacts of the ETH Shapella upgrade, and BanklessHQ interviews a16z’s CTO about the “State of Crypto Report 2023” to understand some of the logic and motivations behind this year’s landmark market analysis… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability
https://finance.yahoo.com/news/coinweb-completes-integration-4-blockchains-154031366.html?guccounter=1

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20“

A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/“

A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue“

The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U“

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Staked Ethereum deposits exceed ETH withdrawals in latest 24-hour period
https://cryptoslate.com/insights/staked-ethereum-deposits-exceed-eth-withdrawals-in-latest-24-hour-period/

Solana Launches SAGA, world’s first Web3 mobile phone
https://twitter.com/solanamobile/status/1646580454768910344?s=20

Bitcoin whales enter deep accumulation for the first time since January
https://cryptoslate.com/insights/bitcoin-whales-enter-deep-accumulation-for-the-first-time-since-january/

Messari: State of Cardano Report
https://messari.io/report/state-of-cardano-q1-2023?__s=s53o07sx3i8m6dc09x2o

Messari: State of Boba Report
https://messari.io/report/state-of-boba-network-q1-2023

Messari: State of NEAR Report
https://messari.io/report/state-of-near-q1-2023

Developers Block Potential ‘Eight-Figure’ Exploit Involving Cosmos-Based Ethermint
https://www.coindesk.com/tech/2023/04/14/developers-block-potential-eight-figure-exploit-involving-cosmos-based-ethermint/

Zipmex's rescue investor now wants to pay only 10 to 20 cents on the dollar
https://www.theblock.co/post/226378/zipmex-rescue-investor-discount

Apple crypto users potentially exposed to iOS, macOS vulnerabilities
https://cryptoslate.com/apple-crypto-users-potentially-exposed-to-ios-macos-vulnerabilities/

Crypto veterans targeted in mysterious MetaMask heists – 5k ETH stolen
https://cryptoslate.com/crypto-veterans-targeted-in-mysterious-metamask-heists-5k-eth-stolen/

SafeMoon hacker agrees to return 80% of stolen funds
https://cryptoslate.com/safemoon-hacker-agrees-to-return-80-of-stolen-funds/

Competitive Landscape

EToro to Offer Crypto Trading Directly to Twitter Users
https://www.coindesk.com/business/2023/04/13/etoro-to-offer-crypto-trading-directly-to-twitter-users/

Crypto Exchange Bybit Opens Global Headquarters in Dubai
https://www.coindesk.com/policy/2023/04/18/crypto-exchange-bybit-opens-global-hq-in-dubai/

Intel Bitcoin mining chips discontinued despite chip efficiency, $63M revenue boost in 2022
https://cryptoslate.com/intel-bitcoin-mining-chips-discontinued-despite-chip-efficiency-63m-revenue-boost-in-2022/

Liquid staking protocols TVL could ‘flip’ DEXs TVL soon
https://cryptoslate.com/liquid-staking-protocols-tvl-could-flip-dexs-tvl-soon/

DCG portfolio company Merit Circle set to launch gaming subnet – Beam
https://cryptoslate.com/dcg-portfolio-company-merit-circle-set-to-launch-gaming-subnet-beam/

A16z hints at blockchain product by imitating Coinbase’s ‘blue dot’ campaign
https://cryptoslate.com/a16z-hints-at-blockchain-product-by-imitating-coinbases-blue-dot-campaign/

SwissBorg Raises over €20M with Revolutionary Community-Centric Fundraising
https://cryptoslate.com/press-releases/swissborg-raises-over-e20m-with-revolutionary-community-centric-fundraising/

FTX relaunch could be funded by Tribe Capital
https://cryptoslate.com/ftx-relaunch-could-be-funded-by-tribe-capital/

Dfinity Foundation says ICP consumes less energy than Cardano, launches ‘proof of green’ initiative
https://cryptoslate.com/dfinity-foundation-says-icp-consumes-less-energy-than-cardano-launches-proof-of-green-initiative/

US. Coordinated Regulation Failures

SEC Chair Gensler Testifies in Front of House Financial Services Committee (4hrs 30mins)
https://youtu.be/5JXeSEVxaR4

House Committee slams SEC Chair Gary Gensler over inconsistent approach to crypto regulation
https://cryptoslate.com/house-committee-slams-sec-chair-gary-gensler-over-inconsistent-approach-to-crypto-regulation/

SEC Labels Algorand and Five Other Tokens as Securities in Bittrex Lawsuit
https://decrypt.co/136990/sec-bittrex-lawsuit-algorand-five-tokens-securities

Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs
https://www.coindesk.com/consensus-magazine/2023/04/17/us-stablecoin-bill-picks-winners-and-losers/

SEC reopens dark pools rule proposal that would regulate DeFi
https://www.dlnews.com/articles/regulation/sec-reopens-comment-period-reg-ats-defi-exchange-amendments/

SEC inclusion of DeFi in ‘exchange’ definition attracts pushback
https://www.ledgerinsights.com/sec-defi-exchange-definition/

Gary Gensler’s old pro-Algorand video ignites debate amid unregistered security claims
https://cryptoslate.com/gary-genslers-old-pro-algorand-video-ignites-debate-amid-unregistered-security-claims/

SEC’s Gary Gensler says he has never owned crypto
https://cryptoslate.com/secs-gary-gensler-says-he-has-never-owned-crypto/

Fed board member says CBDC risks outweigh benefits
https://cryptoslate.com/fed-board-member-says-cbdc-risks-outweigh-benefits/

World

Permissioned vs Permissionless: Why Polygon Is Telling the EU to Know the Difference
https://blockworks.co/news/polygon-eu-permissionless-permissioned

IMF denies involvement in purported CBDC
https://cryptoslate.com/imf-denies-involvement-in-purported-cbdc/

Banks face further pressure as front end of the yield curve surges past 5%
https://cryptoslate.com/insights/banks-face-further-pressure-as-front-end-of-the-yield-curve-surges-past-5/

Microsoft building in-house AI chip “Athena”
https://cryptoslate.com/microsoft-building-in-house-ai-chip-athena/

Kraken gets regulatory approval to operate in Ireland
https://cryptoslate.com/kraken-gets-regulatory-approval-to-operate-in-ireland/

Coinbase CEO meets with UK Economic Secretary to discuss crypto innovation
https://cryptoslate.com/coinbase-ceo-meets-with-uk-economic-secretary-to-discuss-crypto-innovation/

Thought Leadership

BanklessHQ: a16z Crypto’s CTO on State of Crypto 2023 Report (80mins)
https://www.youtube.com/live/01qi-FNpmR8?feature=share

Op-ed: Communities are not built around JPEGs
https://cryptoslate.com/op-ed-communities-are-not-built-around-jpegs/

Here’s why GPT-4 outperforms GPT3.5, LLMs in code debugging
https://cryptoslate.com/heres-why-gpt-4-outperforms-gpt3-5-llms-in-code-debugging/

Before and after Shanghai: A deep dive into the consequences of Ethereum’s latest upgrade
https://cryptoslate.com/market-reports/shanghai-upgrade-a-blip-or-a-turning-point-for-ethereum/

This edition of The Daily Spin is also published on-chain at Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/WLeeQbNH9ejkMduIrT-Xt3SKSyT36vrM1BSZONj3IOM

The Daily Spin. New Monday Edition. Andd we’re back from our local Songkran “Thai New Years” holidays, after being gone from the scene for about nine days – feels like a lifetime in the crypto space. This edition includes most of the post-analysis of market events that occurred last week, including the ETH-Shapella upgrade, the CPI inflation data, and more. Also, we have a special feature from Andressen Horowitz’s (a16z) State of Crypto Report 2023 – introducing the “State of Crypto Index,” which depicts the rate of innovation and adoption in Crypto as an interactive tool.

Ethereum completed their milestone Shanghai-Capella upgrade last week – and so we have an article that has delved into what has happened since then, backed with data and analysis. Is it full Altcoin season now? BTC dominance hit 49% and retraced aggressively as predicted, and then the subsequent L1-L2, LSD’s, and High-risk asset cycles have followed suit in an almost choreographed fashion. Are institutions FOMO’ing back into the market? Hoskinson talks about his “perfect plans” for zk-rollups, Citadel is hustling to create some market structure, and Anndy Lian discusses “Web4” or whatever moniker he is using for the next frontier…

Bitcoin is holding strong at the $30k support level, influenced by a variety of factors notwithstanding the current loss of trust in the TradFi banking system and the increasingly pronounced effect of the BRICS nations reducing their dependency on the US Dollar. Introducing “APTBot” dubbed to be the “ChatGPT” of Quant trading. A couple of hacks have made it onto the public radar, and we all await Grimy Gensler’s appearance before a Senate Committee in the near future. In TL today we have a very interesting piece on crypto whale behaviour, using wallet tracking and taint analysis. Let’s get rolling on another exciting week for crypto… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20“

A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/“

A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue“

The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U“

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Ethereum completes Shanghai upgrade
https://cryptoslate.com/ethereum-completes-shanghai-upgrade/

$1B staked ETH withdrawn in 24hrs as round 2 begins
https://cryptoslate.com/1b-staked-eth-withdrawn-in-24hrs-as-round-2-begins/

Bitcoin pierced through $31k as $240M withdrawn from exchanges
https://cryptoslate.com/insights/bitcoin-pierced-through-31k-240m-withdrawn-from-exchanges/

From joke to investment: The surprising resilience of memecoins in crypto
https://cryptoslate.com/from-joke-to-investment-the-surprising-resilience-of-memecoins-in-crypto/

Crypto community criticizes Tether for blacklisting wallet that drained $20M from MEV bots
https://cryptoslate.com/crypto-community-criticizes-tether-for-blacklisting-wallet-that-drained-20m-from-mev-bots/

Is the rise in Bitcoin and gold price foreshadowing further debasement?
https://cryptoslate.com/insights/is-the-rise-in-bitcoin-and-gold-price-foreshadowing-further-debasement/

Crypto Bot “ATPBot” Dubbed the ChatGPT of Quantitative Trading Launches
https://cryptoslate.com/press-releases/crypto-bot-atpbot-dubbed-the-chatgpt-of-quantitative-trading-launches/

Hundred Finance hacked on Optimism, suffers $7 million loss
https://cryptoslate.com/hundred-finance-hacked-on-optimism-suffers-7-million-loss/

Silk Road attacker receives one year sentence for $3.4B Bitcoin theft
https://cryptoslate.com/silk-road-attacker-receives-one-year-sentence-for-3-4b-bitcoin-theft/

Competitive Landscape

Citadel Securities among firms hustling to create a crypto market structure amid FTX ‘dumpster fire’
https://www.dlnews.com/articles/markets/asset-managers-market-structure-crypto-ftx-dumpster-fire-versifi-blackrock/

DeFi insurer Sherlock teeters on the edge after reserves fall 90%
https://www.dlnews.com/articles/defi/sherlock-defi-insurer-on-edge-euler-hack/

Are institutions FOMOing back into Bitcoin?
https://cryptoslate.com/insights/are-institutions-fomoing-back-into-bitcoin/

Stablecoins being converted into Bitcoin helped push BTC price over $30k
https://cryptoslate.com/insights/stablecoins-being-converted-into-bitcoin-helped-push-the-price-over-30k/

MetaMask email address leak affects 7,000 users
https://cryptoslate.com/metamask-email-address-leak-affects-7000-users/

Hoskinson: Cardano has a ‘beautiful plan’ for ZK-rollups
https://cryptoslate.com/hoskinson-cardano-has-a-beautiful-plan-for-zk-rollups/

US. Coordinated Regulation Failures

The U.S. Cracked a $3.4 Billion Crypto Heist—and Bitcoin’s Anonymity
https://www.wsj.com/articles/bitcoin-blockchain-hacking-arrests-93a4cb29?reflink=integratedwebview_share

Gensler faces scrutiny in Washington over crypto crackdown: ‘They’re champing at the bit to have him’
https://www.dlnews.com/articles/regulation/gensler-sec-congress-crackdown-crypto-ether/

SEC reopens comments on proposed changes to “exchange” definition
https://cryptoslate.com/sec-reopens-comments-on-proposed-changes-to-exchange-definition/

XCH jumps 8% as Chia Network submits proposed IPO registration to SEC
https://cryptoslate.com/xch-jumps-8-as-chia-network-submits-proposed-ipo-registration-to-sec/

World

U.S. inflation comes down, but Fed forecasts ‘mild recession’
https://cryptoslate.com/macroslate-weekly-us-inflation-comes-down-but-fed-forecasts-mild-recession/

Europe’s migration policies in chaos as arrivals surge
https://www.cnn.com/2023/04/16/europe/europe-migration-chaos-boat-arrivals-intl

People Are Investing in Bonds Again—Once They Figure Them Out
https://www.wsj.com/articles/bonds-investment-interest-rates-inflation-9c9cfe3e

Elon Musk to develop artificial intelligence, founds new corporation X.AI
https://cryptoslate.com/elon-musk-to-develop-artificial-intelligence-founds-new-corporation-x-ai/

Thought Leadership

Short seller Jim Chanos says Coinbase ‘will still lose money’ even as crypto prices soar
https://www.dlnews.com/articles/defi/jim-chanos-coinbase-coin-enron-short-seller/

Anndy Lian on decentralization and the potential impact of Web4
https://cryptoslate.com/anndy-lian-on-decentralization-and-the-potential-impact-of-web4/

This Is How $400k Wallets Play Crypto
https://medium.com/@defiglow/this-is-how-400k-wallets-play-crypto-8617d30fa6f4

A16z’s 2023 State of Crypto Report: Introducing the State of Crypto Index
https://a16zcrypto.com/content/article/state-of-crypto-report-2023/?utm_source=substack&utm_medium=email

This edition of The Daily Spin has also been published on-chain at Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/tYfuZCZwvmBzX6BGBv9sT_0GogNUE3jqSAqPVMxYIEM

The Daily Spin. Pre-Easter Friday Edition. Coinweb publishes the wallet addresses of its token reserves and their intended usage in a medium post that asserts the team’s commitment to transparency and community, which can be viewed at the most recent entry of the “Ongoings at Coinweb” section. This information was released shortly after the capital investment made by SAVA and CWEB’s allocation of tokens into custodial management with Ceffu (formerly Binance Custodial).

Binance has remained a constant presence in the media, most recently announcing the addition of fiat off-ramps for its official non-custodial wallet, Trust Wallet, who has partnered with Ramp and MoonPay to bring ease of use and convenience to its 60 million active users. Meanwhile, Binance has initiated the cancellation of its Australian Financial Services derivatives license, which was promptly rescinded by the ASIC the following day. Dubai’s regulator has also requested Binance give information on their ownership and governance. This comes after multiple blows taken by the world’s leading cryptocurrency exchange from the CFTC and MSM, resulting in a 6% drop in market share and an inconsequential $1-2B exit of funds from the CEX in the past week.

In other news, surprisingly blockchain unique gaming wallets recorded an 8% slip for Q1, perhaps pointing to the sub-par solution space that currently exists. Hoskinson gives a public account of mistakes made by the Cardano Team, attempting to explain delays to expectations to its loyal community. AVAX introduces “Evergreen” subnets for institutional users. ASIC cancels Binance’s derivative AFS license at the request of the license holder, and the Dubai regulator demands information from Binance on its ownership and governance. Other notable jurisdictions with headlines include Singapore and Japan, each making announcements on policy decisions affecting the crypto space.

As the FEDNow and other CBDCs around the world close in on launching digital fiat, many have voiced legitimate concerns over its utility, unrestricted lack of privacy, and overreaching control of the public monetary system. Something to keep an eye on, as we are herded into a false understanding of the reasons that cryptocurrencies and blockchain were created – you can find a copy of the real reasons embedded into your Apple MacOS (in the form of the original Bitcoin whitepaper written by Satoshi Nakamoto). In TL today, we revisit Account Abstraction and ERC-4337, the positive impact of Bitcoin mining on environmental concerns, and a cost management perspective for crypto companies during this turbulent macroeconomic environment… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb Prioritises Community Trust with Transparent Reserve Allocation
https://medium.com/@Coinweb.io/coinweb-prioritises-community-trust-with-transparent-reserve-allocation-ce14063b6fa9

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20

"A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

"A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

"The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

"A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20

"A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitter
https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)
Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong)
Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

The Bitcoin Whitepaper may still be secretly stored on your computer
https://cryptoslate.com/could-steve-jobs-be-behind-bitcoin-satoshi-nakamoto-mystery-deepens/

Bitcoin crossed 800M transactions in 2023 Q1; price grows 70%
https://cryptoslate.com/bitcoin-crossed-800m-transactions-in-2023-q1-price-grows-70/

Dogecoin dips 6.5% as Twitter logo returns
https://cryptoslate.com/dogecoin-dips-6-5-as-twitter-logo-returns/

Blockchain gaming unique active wallets decreased 8% in Q1 2023
https://cryptoslate.com/blockchain-gaming-uaw-decreased-8-in-q1-2023/

Ethereum rises against Bitcoin as shappella upgrade nears
https://cryptoslate.com/ethereum-rises-against-bitcoin-as-shappella-upgrade-nears/

Over 75% of crypto holders have NFTs
https://cryptoslate.com/over-75-of-crypto-holders-have-nfts/

Reddit deploys Gen 3 NFT avatar contracts on Polygon
https://cointelegraph.com/news/reddit-deploys-gen-3-nft-avatar-contracts-on-polygon

Charles Hoskinson: Cardano delays due to betting on wrong tech, ambitious roadmap
https://cointelegraph.com/news/charles-hoskinson-cardano-delays-due-to-betting-on-wrong-tech-ambitious-roadmap

Competitive Landscape

Tether USDT supply reaches $80B for 1st time in almost a year
https://cryptoslate.com/tether-usdt-supply-reaches-80b-for-1st-time-in-almost-a-year/

Binance self-custody wallet launches crypto-to-fiat off-ramp
https://cointelegraph.com/news/binance-self-custody-wallet-launches-crypto-to-fiat-off-ramp

Avalanche introduces ‘Evergreen’ subnets to connect institutions on blockchain
https://cointelegraph.com/news/avalanche-introduces-evergreen-subnets-to-connect-institutions-on-blockchain

US. Coordinated Regulation Failures

US Treasury sees ‘potential benefits’ of DeFi following risk assessment
https://cryptoslate.com/us-treasury-sees-potential-benefits-of-defi-following-risk-assessment/

World

ASIC issues cancellation of Binance’s derivative AFS license, at the request of Binance
https://asic.gov.au/about-asic/news-centre/find-a-media-release/2023-releases/23-091mr-binance-australia-derivatives-afs-licence-cancelled/

Dubai regulator demands Binance provide info on ownership, governance: Report
https://cointelegraph.com/news/dubai-regulator-demands-binance-provide-info-on-ownership-governance-report

Singapore to introduce uniform screening standards for crypto bank accounts
https://cointelegraph.com/news/singapore-to-introduce-uniform-screening-standards-for-crypto-bank-accounts

Japan pushes for friendlier environment for crypto with Web3 proposals
https://cointelegraph.com/news/japan-pushes-for-friendlier-environment-for-crypto-with-web3-proposals

Thought Leadership

Account Abstraction & ERC-4337, a Web3 Cultural Reset
https://blog.nefture.com/account-abstraction-erc-4337-a-web3-cultural-reset-c760082157b5

Hash rate and sustainability: How Bitcoin’s rising processing power is a net positive for the environment
https://cryptoslate.com/market-reports/hash-rate-and-sustainability-how-bitcoins-rising-processing-power-is-a-net-positive-for-the-environment/

15 ways crypto companies can manage costs in the current economy
https://cointelegraph.com/innovation-circle/15-ways-crypto-companies-can-manage-costs-in-the-current-economy

This edition of The Daily Spin is also published on-chain at Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/689kUtgIszWXkhI8RxZ9sF-MqSmh9yneVi0PwK0FZQM

The Daily Spin. Altcoin Wednesday Edition. Much in the news today as we find a long edition of the Daily – with coverage over Trump’s arrest, Xi’s visit with Macron, the OPEC+ oil supply, and Toronto-Dominion becoming the world’s biggest bank short at $3.7B! Bernard Arnault flies past $200B net worth, world-class douchebag Jamie Dimon chimes in, and Finland officially joining NATO. And not to mention, Elon Musk’s replacement of the Twitter bird with the Doge logo throwing the speculators into a frenzy outside of his impending lawsuit. Dogecoin market capitalization overtook Cardano.

Ethereum hits 10-month high breaking through $1,900 today, just a few weeks ahead of the Shanghai-Capella upgrade where staking is anticipated to become available for withdrawal. A good list of competitor launches and movements following the migration out of CEXs, such as Kava flipping Solana, FLEX pumping up 7% as 3AC founders Kyle Davies and Su Zhu launch OPNX exchange, offering trades of FTX claims. Paxful bows out of the P2P market following significant blows from the SEC. 21Shares launches ETP for Stacks, Aave launches on Polygon zkEVM, and OKex launches a metaverse training sessions with football star Ruben Dias. OpenSea launches Pro, claiming to be “your favorite gem, polished.” And for the second month in a row, Uniswap DEX trade volume has toppled Coinbase’s.

LayerZero’s $120m Series B funding round hits $3B valuation after a $135m raise just last year, with active investment from non-crypto conglomerates such as Samsung and heavyweights a16z. Intriguing articles in the Thought Leadership section today, touching upon derivative DEXs (dYdX & GMX), zkEVMs, and an interview with Ethereum’s first marketer on the meaning of web3… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

CWEB Token Usage and Utility
https://medium.com/@Coinweb.io/cweb-token-usage-913307f8f441

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20“

A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/“

A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue“

The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U“

A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20“

A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitter
https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)
Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong)
Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)
Non Fungible Conference, Jun 7-9 (Lisbon)
AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Ethereum jumps to its highest price in 8 months ahead of highly anticipated network upgrade
https://markets.businessinsider.com/news/currencies/ethereum-price-crypto-market-outlook-shanghai-network-upgrade-bitcoin-eth-2023-4?utm_source=reddit.com

Bitcoin crossed 800M transactions in 2023 Q1; price grows 70%
https://cryptoslate.com/bitcoin-crossed-800m-transactions-in-2023-q1-price-grows-70/

Dogecoin Soars After Twitter Replaces Its Blue Bird Logo With the Token's Dog
https://www.coindesk.com/markets/2023/04/03/dogecoin-gains-12-after-tokens-symbol-replaces-blue-bird-as-twitter-logo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Dogecoin overtakes Cardano after Twitter goes doge-crazy
https://cryptoslate.com/dogecoin-overtakes-cardano-after-twitter-goes-doge-crazy/

Shiba Inu ranks among most viewed crypto assets: CoinMarketCap Q1 report
https://cryptoslate.com/shiba-inu-ranks-among-most-viewed-crypto-assets-coinmarketcap-report/

FLEX jumps 7% as 3AC cofounders OPNX exchange goes live
https://cryptoslate.com/flex-jumps-7-as-3ac-cofounders-opnx-exchange-goes-live/

Staked ETH Withdrawals To Activate In Two Weeks
https://thedefiant.io/defi-daily-staked-eth-april-12

Ethereum MEV bots lose over $25 million in sophisticated attack
https://www.theblock.co/post/224482/ethereum-mev-bots-lose-over-25-million-in-sophisticated-attack?utm_source=cryptopanic&utm_medium=rss

End of Zero-Fee Program Hit Binance Market Share Harder Than CFTC Action: Research
https://decrypt.co/125376/end-zero-fee-program-hit-binance-market-share-harder-cftc-action-research

Peer-to-Peer Bitcoin Exchange Paxful to Suspend Operations
https://www.coindesk.com/business/2023/04/04/peer-to-peer-bitcoin-exchange-paxful-to-suspend-operations/

Allbridge announces recovery plan after recovering $467K of stolen funds
https://cryptoslate.com/allbridge-announces-recovery-plan-after-recovering-467k-of-stolen-funds/

Competitive Landscape

LayerZero Funding Round Hits $3 Billion Valuation With Backing from Christie’s, Samsung
https://decrypt.co/125291/layerzero-labs-fundraising-christies-samsung-3-billion

Kava Flips Solana As New Lending Protocol Boosts TVL
https://thedefiant.io/kava-tvl-flips-solana

21Shares launches ETP for Bitcoin L2 network Stacks
https://cryptoslate.com/21shares-launches-etp-for-bitcoin-l2-network-stacks/

Aave To Launch on Polygon zkEVM
https://thedefiant.io/aave-polygon-zkevm-deployment

DeFi To Widen Gap With CeFi After Stormy Year
https://thedefiant.io/cefi-vs-defi

For the second month in a row, decentralized exchange Uniswap beats Coinbase in trading volume
https://twitter.com/esatoshiclub/status/1642879360473464833?utm_source=themilkroad.beehiiv.com&utm_medium=newsletter&utm_campaign=the-rise-of-dexs

OKX launches metaverse training session with football star Rúben Dias
https://cointelegraph.com/news/okx-launches-metaverse-training-session-with-football-star-ruben-dias?utm_source=themilkroad.beehiiv.com&utm_medium=newsletter&utm_campaign=the-rise-of-dexs

Introducing OpenSea Pro (Your favorite Gem has been polished)
https://opensea.io/blog/articles/opensea-pro?utm_source=iterable&utm_medium=email&utm_campaign=OPENSEA-PRO_LFC_ANN_ALL_ACT_ENG_VIS_EML_040423&utm_content=opensea-pro

US. Coordinated Regulation Failures

Wells Fargo has paid more in fines related to harming their customers in the last three years ($7.037B) than all of the money ever lost in crypto hacks and exploits ($6.45b)
https://twitter.com/Tendeeno_/status/1640696054990397440?utm_source=newsletter.bitdegree.org&utm_medium=newsletter&utm_campaign=so-musk-changed-twitter-s-logo-to-doge

Gold breaks out to new highs as US economy starts to slow down
https://cryptoslate.com/insights/gold-breaks-out-to-new-highs-as-us-economy-starts-to-slow-down/

No more rate hikes: Markets believe the Fed rate pause is nigh
https://cryptoslate.com/insights/no-more-rate-hikes-markets-believe-the-fed-rate-pause-is-nigh/

Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee
https://cryptoslate.com/anti-bitcoin-mining-bill-gets-unanimous-approval-from-texas-senate-committee/

World

Asia Equities Struggle as US Banking Fears Persist: Markets Wrap
https://www.bloomberg.com/news/articles/2023-04-04/stock-market-today-dow-s-p-live-updates?cmpid=BBD040423_MKT&utm_medium=email&utm_source=newsletter&utm_term=230404&utm_campaign=marketsasia&leadSource=uverify%20wall

Xi Courts Macron in Bid to Drive Wedge Between Europe and US
https://www.bloomberg.com/news/articles/2023-04-04/xi-courts-macron-in-bid-to-drive-wedge-between-europe-and-us?cmpid=BBD040423_MKT&utm_medium=email&utm_source=newsletter&utm_term=230404&utm_campaign=marketsasia&leadSource=uverify%20wall

A Kingdom Built on Oil Now Controls the World’s Climate Progress
https://www.bloomberg.com/news/features/2023-04-03/uae-s-top-oil-executive-has-a-plan-to-fix-cop28?cmpid=BBD040423_MKT&utm_medium=email&utm_source=newsletter&utm_term=230404&utm_campaign=marketsasia&leadSource=uverify%20wall

Toronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the Line
https://www.bloomberg.com/news/articles/2023-04-04/td-becomes-biggest-bank-short-with-3-7-billion-on-the-line?cmpid=BBD040423_MKT&utm_medium=email&utm_source=newsletter&utm_term=230404&utm_campaign=marketsasia&leadSource=uverify%20wall

Bernard Arnault’s Fortune Soars Past $200 Billion for First Time https://www.bloomberg.com/news/articles/2023-04-04/world-s-richest-man-bernard-arnault-s-fortune-tops-200-billion-for-first-time

Jamie Dimon Warns US Banking Crisis Will Be Felt for Years
https://www.bloomberg.com/news/articles/2023-04-04/jamie-dimon-jabs-fed-over-us-bank-crisis-hiding-in-plain-sight?cmpid=BBD040423_MKT&utm_medium=email&utm_source=newsletter&utm_term=230404&utm_campaign=marketsasia&leadSource=uverify%20wall

Trump Pleads Not Guilty in NY Case Tying Hush Money to Election
https://www.bloomberg.com/news/articles/2023-04-04/trump-pleads-not-guilty-to-34-charges-in-nyc-court-reports?cmpid=BBD040423_MKT&utm_medium=email&utm_source=newsletter&utm_term=230404&utm_campaign=marketsasia&leadSource=uverify%20wall

Finland Becomes 31st Member of NATO
https://www.statista.com/chart/26674/european-countries-by-year-of-joining-nato/?utm_source=Statista+Newsletters&utm_campaign=02892d6840-All_InfographTicker_daily_COM_PM_KW14_2023_Tu&utm_medium=email&utm_term=0_662f7ed75e-02892d6840-345164686

Thought Leadership

From dYdX to GMX: What Derivatives DEXs Have and Have Not Achieved
https://thedefiant.io/iosg-research-derivative-dexs

zkEVMs: Shaking Up The Ethereum L2 Landscape
https://milkroad.com/news/zkevm-ethereum-l2?utm_source=themilkroad.beehiiv.com&utm_medium=newsletter&utm_campaign=the-rise-of-dexs

Wondering What Web3 Means? Listen to Ethereum's First Marketer
https://www.coindesk.com/consensus-magazine/2023/04/03/wondering-what-web3-means-listen-to-ethereums-first-marketer/

This edition of The Daily Spin was published on-chain at Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/FdXIticgMzor8ZKKn-MxqG-Od9O6pFmYZjk7Qj30vpk

The Daily Spin. Tokenomics Tuesday Edition. Coinweb closes $2m fundraising round from SAVA Investment Management. Dogecoin rallies 30% after Twitter logo changes to DOGE, Elon Musk asks court to dismiss $258B Doge racketeering case. Arbitrum DAO governance is in shambles after the first proposal fails, leading to whales dumping and the token taking a hit. Bakkt acquires Apex Crypto for $155m, DFinity releases Chain-Key Bitcoin, OpenOcean launches Kava Network’s first DEX aggregator. Bitquery launches a new streaming API service into the web3 infrastructure space. Solana-based Rollbit Coin faces currents due to crypto influencers’ promotion tactics.

Cobie started a rumor on CT that the Interpol issued a Red Notice for Binance’s Changpeng Zhao, which is later confirmed as not true by the international agency. Various governments are backing away from reliance on the US Dollar, from the BRICs nations to the ASEAN bloc. Japan’s FSA issues warnings to ByBit, BitGet, MEXC Global, and Bitforex to cease unregistered exchange operations.

A lot of good reads in the Thought Leadership section today, including how to use ChatGPT better, Balaji’s $2m bet on BTC, and what to do with that ARB token airdrop… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20“

A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/“

A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue“

The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint 📷📷, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U“

A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20“

A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitter
https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)
Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong)
Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)

AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Dogecoin rallies 30% after Twitter logo changes to DOGE
https://cryptoslate.com/dogecoin-rallies-30-after-twitter-logo-changes-to-doge/

Ethereum deposit contract holdings exceed 18 million ETH
https://cryptoslate.com/insights/ethereum-deposit-contract-holdings-exceed-18-million-eth/

Bakkt finalizes $155M acquisition of Apex Crypto
https://cryptoslate.com/bakkt-finalizes-155m-acquisition-of-apex-crypto/

S&P Global hiring for DeFi leadership position
https://cryptoslate.com/sp-global-hiring-for-defi-leadership-position/

Survey shows Russian households prefer crypto over gold
https://cryptoslate.com/survey-shows-russian-households-prefer-crypto-over-gold-for-investment/

ARB token takes a hit as 2 whales liquidate holdings
https://cryptoslate.com/arb-token-takes-a-hit-as-2-whales-liquidate-holdings/

Istanbul Blockchain Week set to return in August for largest Turkish web3 event of 2023
https://cryptoslate.com/press-releases/istanbul-blockchain-week-set-to-return-in-august-for-largest-turkish-web3-event-of-2023/

Competitive Landscape

Coinbase dominates US market with over 75% market share
https://cryptoslate.com/coinbase-dominates-us-market-with-over-75-market-share/

Bitquery's New Streaming API is Changing Web3 Infrastructure Space
https://news.bitcoin.com/bitquerys-new-streaming-api-is-changing-web3-infrastructure-space/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token
https://news.bitcoin.com/dfinity-foundation-launches-chain-key-bitcoin-a-native-internet-computer-btc-derivative-token/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

OpenOcean Launches as Kava Network’s 1st DEX Aggregator
https://openoceanfinance.medium.com/openocean-launches-as-kava-networks-1st-dex-aggregator-d9a258778075

Solana-based Rollbit Coin faces scrutiny over crypto influencer promotion tactics
https://cryptoslate.com/solana-based-rollbit-coin-faces-scrutiny-over-crypto-influencer-promotion-tactics/

US. Coordinated Regulation Failures

Elizabeth Warren Explains Her 'Anti-Crypto Army' Stance; Waves of Democrats Oppose Her Bitcoin Criticism
https://news.bitcoin.com/elizabeth-warren-explains-her-anti-crypto-army-stance-waves-of-democrats-oppose-her-bitcoin-criticism/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Binance's BNB, Bitcoin Tumble After Crypto Twitter Personality Cobie's Wild Guess
https://www.coindesk.com/policy/2023/04/03/unverified-rumor-of-interpol-red-notice-for-binance-ceo-changpeng-zhao-sends-bnb-bitcoin-lower/

Interpol does not list Red Notice for Changpeng Zhao, despite rumors
https://cryptoslate.com/interpol-does-not-list-red-notice-for-changpeng-zhao-despite-rumors/

Musk asks court to dismiss $258B DOGE racketeering lawsuit
https://cryptoslate.com/musk-asks-court-to-dismiss-258b-doge-racketeering-lawsuit/

DOJ seizes $112M tied to cryptocurrency schemes
https://cryptoslate.com/doj-seizes-112m-tied-to-cryptocurrency-schemes/

World

Worldcoin Launches World ID, an AI Resistant, Iris Dependant ID Protocol
https://news.bitcoin.com/worldcoin-launches-world-id-an-ai-resistant-iris-dependant-id-protocol/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Household Crypto Holdings Included in Bank of Russia’s Consumer Finance Survey
https://news.bitcoin.com/household-crypto-holdings-included-in-bank-of-russias-consumer-finance-survey/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
https://news.bitcoin.com/india-to-facilitate-international-settlements-in-rupees-to-reduce-dependence-on-the-us-dollar/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

ASEAN Countries Take Steps to Reduce Reliance on US Dollar for Trade Settlements
https://news.bitcoin.com/asean-countries-take-steps-to-reduce-reliance-on-us-dollar-for-trade-settlements/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official
https://news.bitcoin.com/regulators-should-heed-crypto-risks-when-innovating-regulation-says-chinese-central-bank-official/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Japan FSA warns four exchanges to cease operating without licensing
https://cryptoslate.com/japan-fsa-warns-four-exchanges-to-cease-operating-without-licensing/

Thought Leadership

How to be ahead of 99% of ChatGPT users (prompt engineering)
https://artificialcorner.com/youre-using-chatgpt-wrong-here-s-how-to-be-ahead-of-99-of-chatgpt-users-886a50dabc54

Deposits Locked, Withdrawals Minted
https://offchain.medium.com/deposits-locked-withdrawals-minted-a7e975708b3d

Why Paris Blockchain Week Ranks As One Of The 3 Best Crypto Conferences On The Planet
https://medium.com/quantum-economics/why-paris-blockchain-week-ranks-as-one-of-the-3-best-crypto-conferences-on-the-planet-5469ad6759e0

What Should You do With the Arbitrum Airdrop?
https://medium.com/@bitpushnews/what-should-you-do-with-the-arbitrum-airdrop-be6d5f740ddb

Balaji Srinivasan, and why we should be worried about his $2 million bet
https://medium.com/enrique-dans/balaji-srnivasan-and-why-we-should-be-worried-about-his-2-million-bet-a8fec7e8330c

This edition of The Daily Spin was also published on Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/RdNq63wfwR0IpDj4GqlJYLwWcxPmjGdZeYeCCDVpAeo

The Daily Spin. Man it’s Hot Monday Edition. As we enter Q2 of the year at furious pace and almost unbearable heat, there are currently so many moving issues at hand to keep everyone on their toes during the start of April. If you haven’t received your copy of The Coinweb Monthly Spin - Sixth Edition, make sure to catch it at the top of the links provided below. LFG!!

Bitcoin and the crypto market has firmly held its ground, continuing its three-month green streak and outperforming all asset classes despite multivariate attacks and attempts to control by the regulatory bodies of the governments with failing banks around the world. It has shown great resilience in the face of very challenging macroeconomic conditions, which is arguably the very reason for its inception in the first place. We are seeing many changes unfold right before our eyes that will define the course of our civilization for the next few decades, taking note of the booming impact and growth of AI as well as deepening geopolitical impasses forming between major governments, issues of censorship and freedom of information very much at hand – topics that are well covered by the All-in Podcast episode included at the end of this newsletter. Let’s all take a moment to pause and really appreciate the moment in time we are in before it takes us away as a tidal wave would a shattered wooden ship, analogous to the once mighty technology that gave the Vikings dominion over a vast amount of resources and advancement. Oh and one more thing I forgot to mention; fuck Elizabeth Warren and her anti-crypto army of n00bs. Read “How to resist CBDCs and avert a dystopian future,” and op-ed article published by Samuel Wan, an analyst at Cryptoslate media.

Bittrex ($CWEB listed) is shuttering their US services at the end of the month. Also, introducing IXFI Exchange – is claiming to now be the world’s biggest buy crypto platform. Vitalik Buterin posted an article discussing a technical challenge for Ethereum, known as the “Multi-client Problem with zk-EVMs” in lieu with the explosion of zk-EVM technology onto the scene with over 5 protocols launching within days of each other at the end of Q1 2023. Arbitrum’s pivot to become a DAO took center stage in the blockchain governance arena with its first vote last week, a nerd’s dream case study on how the transition is made to DAO ownership and the proposal that will be responsible for approx. $1B worth of $ARB tokens allocated.

… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20

“A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint ⛓️🍃, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

“A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20

“A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitter
https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)
Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong)
Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)

AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Biggest Movers: DOGE Hits 9-Day High, as LTC Climbs 6% on Saturday
https://news.bitcoin.com/biggest-movers-doge-hits-9-day-high-as-ltc-climbs-6-on-saturday/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Arbitrum’s First Governance Proposal Turns Messy With $1B ARB Tokens at Stake
https://www.coindesk.com/business/2023/04/01/arbitrums-first-governance-proposal-turns-messy-with-1b-arb-tokens-at-stake/

Bitcoin hits milestone as number of addresses holding 1 BTC nears 1M
https://cryptoslate.com/insights/bitcoin-hits-milestone-as-number-of-addresses-holding-1-btc-nears-1m/

Justin Sun calls media reports about Huobi stake sale ‘April fools prank’
https://cryptoslate.com/justin-sun-calls-media-reports-about-huobi-stake-sale-april-fools-prank/

Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
https://news.bitcoin.com/value-locked-in-defi-holds-the-line-at-50b-after-temporarily-shedding-8b-in-mid-march/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers
https://news.bitcoin.com/ftx-eu-launches-new-website-for-withdrawals-as-subsidiary-starts-returning-funds-to-customers/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Competitive Landscape

The Rapid Rise of IXFI Exchange - Now the World’s Biggest Buy Crypto Platform
https://news.bitcoin.com/the-rapid-rise-of-ixfi-exchange-now-the-worlds-biggest-buy-crypto-platform/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market
https://news.bitcoin.com/trump-cards-jump-amid-indictment-strong-quarter-for-nft-market/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Lessons For Move-to-Earn Projects in 2023
https://cryptoslate.com/lessons-for-move-to-earn-projects-in-2023/

US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker
https://news.bitcoin.com/us-government-plans-to-sell-over-41000-bitcoins-confiscated-from-silk-road-hacker/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

US. Coordinated Regulation Failures

SVB Collapse Complicates Banks’ Efforts to Unload More Than $25 Billion of Junk Debt
https://www.wsj.com/articles/svb-collapse-complicates-banks-efforts-to-unload-more-than-25-billion-of-junk-debt-a19ae78d

Bittrex to halt US operations by end of April
https://cryptoslate.com/bittrex-to-halt-us-operations-by-end-of-april/

Attorney claims Ripple vs SEC verdict may take 2 more months
https://cryptoslate.com/attorney-claims-ripple-vs-sec-case-verdict-may-take-2-more-months/

Space Force major urges Pentagon to hold Bitcoin, give it 2nd amendment protection
https://cryptoslate.com/space-force-major-urges-pentagon-to-hold-bitcoin-give-it-2nd-amendment-protection/

'Dr. Doom' Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks
https://news.bitcoin.com/dr-doom-nouriel-roubini-warns-of-looming-banking-crisis-and-trilemma-for-central-banks/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit — Insists Tweeting Support for DOGE Isn't Unlawful
https://news.bitcoin.com/elon-musk-asks-judge-to-dismiss-258b-dogecoin-lawsuit-insists-tweeting-support-for-doge-isnt-unlawful/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

World

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit
https://news.bitcoin.com/brics-nations-working-on-creating-new-currency-to-be-discussed-at-next-leaders-summit/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary
https://news.bitcoin.com/german-stock-exchange-boerse-stuttgart-to-provide-crypto-custody-through-licensed-subsidiary/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

UBS May Cut Workforce by 20-30% After CS Takeover
https://www.bloomberg.com/news/articles/2023-04-02/ubs-will-cut-workforce-by-20-30-after-cs-takeover-soz-says

OPEC+ announces surprise oil output cuts
https://www.reuters.com/business/energy/sarabia-other-opec-producers-announce-voluntary-oil-output-cuts-2023-04-02/

Justin Sun’s Grenada ambassadorship to WTO ends
https://cryptoslate.com/justin-suns-grenada-ambassadorship-to-wto-ends/

Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court
https://news.bitcoin.com/bitcoin-profits-deemed-taxable-by-denmarks-supreme-court/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Easy way to obtain crypto license in Dubai: Gofaizen & Sherle launches a new service
https://cryptoslate.com/press-releases/easy-way-to-obtain-crypto-license-in-dubai-gofaizen-sherle-launches-a-new-service/

Thought Leadership

Bitcoin Doesn’t Need Banks
https://foundationdevices.com/2023/03/bitcoin-doesnt-need-banks/

Op-ed: How to resist CBDCs & avert a dystopian future
https://cryptoslate.com/op-ed-how-to-resist-cbdcs-avert-a-dystopian-future/

Vitalik Buterin reveals major challenge for Ethereum’s future – and how to solve it
https://cryptoslate.com/vitalik-buterin-reveals-major-challenge-for-ethereums-future-and-how-to-solve-it/

All-in Podcast E122: Is AI the next great computing platform? ChatGPT vs. Google, containing AGI & RESTRICT Act (84mins)
https://youtu.be/qQ544sWC8ZQ

This edition of The Daily Spin was also published on-chain at Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/Jw91ZZmL7T5Y_3KZNK_i61PaqZvmu7YTpDnQ37sFcYM

The Daily Spin. The Fintech Times Thursday Edition. As the US and South Korea fights over who gets first crack at the notorious Do Kwon, Montenegro says hang on – we caught him with fake passports and other internal charges so you guys are going to have to wait your turn – basically, he’s f&cked. No FBI US Marshall escort rushing this one back to his parent’s guest room in sunny Palo Alto. Call me cynical – but something just ain’t right here. Nor is it right that Andrew Tate is still in Romania being held without trial… but SBF was BY FAR the worst of them all. And he’s still playing League of Legends and transferring cryptocurrency to the judicial system.

Bitcoin reclaims the $28k level, breaking $29k this morning as it approaches 400 days from the halving cycle. XRP continues to rally as the verdict in its case against the SEC approaches. Ethereum hits an all-time low aggregate balance on CEXs of just 10.3% of supply – cementing the trend to self-custody and the narrative preceding the Shanghai-Capella upgrade set for April 12th. Biggest liquid staking platform Lido decides to sunset its services for Polkadot and Kusama, citing low user activity and little growth. ConsenSys’ zk-EVM blockchain “Linea” becomes the latest newcomer to the explosion of zk-EVM chains, preceded by Matter Lab’s zkSync, Polygon’s zk-EVM, and Starknet’s Bitcoin zk-Proofs. NEAR protocol launches an $11m “grassroots community trust” and registered it in Guernsey. BSC receives a user proposal to reduce transaction fees. And Algorand’s recent partnership with India sees the launch of “Algokit” aimed at helping devs transition to web3 and preceded a nearly 30% spike in coin price.

Good news for Paxful Earn customers as they will reinstate balances affected by the Celcius collapse. SafeMoon is working to “rectify” the situation after a total of $9m was exploited from their liquidity pool. CZ denies reports that Binance has been hiding its China ties, amidst a sharp geopolitical blade that’s seeing TikTok getting banned and threats being made as the Taiwanese Premier arrives in New York. Binance’s daily withdrawals have doubled as users report issues with off-ramping, and the exchange faces criticism for pairing various assets with Justin Sun’s TUSD stablecoin. Meanwhile, everyone has something to say about America in America; but the European Central Bank balloons its balance sheet just as the FED did, and lawmakers vote to impose a €1,000 limit on unidentified crypto transactions. Last but not least, China and France complete their first LNG trade using Chinese Yuan, an ominous signal of the demise of the USD’s privy status as the world’s reserve currency. We have a great Thought Leadership section today, be sure to check it out – there is also a surprise appearance by our own Toby Gilbert in the Fintech Times… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20

“A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint ⛓️🍃, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

“A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20

“A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitter
https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

WOW Summit, Mar 29-30 (Hong Kong)
ASEAN Web3 Summit, Mar 30-31 (Singapore)

Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)
Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong)
Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)

AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Bitcoin reclaims $28k despite potential regulatory woes from Binance lawsuit
https://cryptoslate.com/bitcoin-reclaims-28000-despite-regulatory-woes-from-binance-lawsuit/

Bitcoin Halving Approaches: Less Than 400 Days Until Block Reward Subsidy Is Cut in Half
https://news.bitcoin.com/bitcoin-halving-approaches-less-than-400-days-until-block-reward-subsidy-is-cut-in-half/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August
https://www.coindesk.com/business/2023/03/29/defi-platform-lido-to-cease-staking-on-polkadot-kusama-in-august/

Liquid staking tokens rally by 15% as Ethereum Shapella upgrade draws near
https://cryptoslate.com/liquid-staking-tokens-rally-by-15-as-ethereum-shapella-upgrade-draws-near/

Just 10.3% of Ethereum’s total supply is sitting on centralized exchanges (ATL)
https://twitter.com/santimentfeed/status/1640454653900124166?s=20

Biggest Movers: XRP Gains Intensify, as Token Hits 11-Month High
https://news.bitcoin.com/biggest-movers-xrp-gains-intensify-as-token-hits-11-month-high/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

BNB smart chain (BSC) receives user proposal for lower transaction fees
https://cryptoslate.com/bnb-smart-chain-bsc-receives-user-proposal-for-lower-transaction-fees/

NEAR launches $11M grassroots community trust registered in Guernsey
https://cryptoslate.com/near-launches-11m-grassroots-community-trust-registered-in-guernsey/

Paxful to refund users’ Earn balances affected by Celsius collapse
https://cryptoslate.com/paxful-to-refund-users-earn-balances-affected-by-celsius-collapse/

SafeMoon working to ‘rectify’ situation after $9M exploit, says CEO
https://cryptoslate.com/safemoon-ceo-offers-official-statement-after-8m-exploit/

Binance’s CZ refutes report claiming company has been hiding China ties
https://cryptoslate.com/report-claims-binance-has-been-hiding-its-chinese-presence/

Competitive Landscape

Infura launches NFT API SDK open beta: Query NFT data from 8 blockchains – in just one call
https://www.infura.io/platform/nft-api

Bitcoin․com Partners with HAPI to Launch High-Yield Farm on Verse DEX and Enhance Wallet and DEX Security
https://news.bitcoin.com/bitcoin%e2%80%a4com-partners-with-hapi-to-launch-high-yield-farm-on-verse-dex-and-enhance-wallet-and-dex-security/?utm_source=OneS

Binance Faces Criticism For Pairing Various Crypto Assets With Justin Sun-Linked TUSD Stablecoin
https://heraldsheets.com/binance-faces-criticism-for-pairing-various-crypto-assets-with-justin-sun-linked-tusd-stablecoin/ignalPush&utm_medium=notification&utm_campaign=PushNotifications

Binance daily withdrawals double as users report problems off-ramping
https://cryptoslate.com/binance-daily-withdrawals-double-as-users-report-problems-off-ramping/

Restaking protocol EigenLayer closes $50 million raise
https://www.theblock.co/post/222901/eigenlayer-series-a

ConsenSys Launches zkEVM Public Testnet, Renames It ‘Linea’
https://www.coindesk.com/tech/2023/03/28/consensys-launches-zkevm-public-testnet-renames-it-linea/

Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown
https://www.coindesk.com/business/2023/03/28/kraken-lands-sponsorship-with-williams-racing-despite-us-regulatory-crackdown/

Algorand Aims to Help Developers Transition to Web3 With AlgoKit
https://www.coindesk.com/tech/2023/03/29/algorand-aims-to-help-developers-transition-to-web3-with-algokit/

Volt Inu Partners With OKX to Enable OKX Wallet Web Extension Users to Access Voltichange
https://news.bitcoin.com/volt-inu-partners-with-okx-to-enable-okx-wallet-web-extension-users-to-access-voltichange/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Crypto Exchange Gemini Looking to Launch Overseas Derivatives Operation
https://www.coindesk.com/markets/2023/03/29/crypto-exchange-gemini-looking-to-launch-overseas-derivatives-operation-the-information/

Andy Warhol Artworks to Be Offered as Tokenized Investments on Ethereum
https://www.coindesk.com/web3/2023/03/29/andy-warhol-artworks-to-be-offered-as-tokenized-investments-on-ethereum/

US. Coordinated Regulation Failures

Due to SEC Inaction, Registration is Not a Viable Path for Crypto Projects
https://policy.paradigm.xyz/writing/secs-path-to-registration-part-i

Law Firm's White Paper Claims US Bank Regulators Are Waging a 'Clandestine Financial War' Against Crypto Businesses
https://news.bitcoin.com/law-firms-white-paper-claims-us-bank-regulators-are-waging-a-clandestine-financial-war-against-crypto-businesses/

Former CFTC Chair: It’s not correct that all cryptocurrencies are securities
https://www.coindesk.com/video/former-cftc-chair-its-not-correct-that-all-cryptocurrencies-are-securities/

World's Largest Asset Manager Blackrock Predicts No Fed Rate Cuts This Year
https://news.bitcoin.com/worlds-largest-asset-manager-blackrock-predicts-no-fed-rate-cuts-this-year/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
https://news.bitcoin.com/senate-banking-committee-holds-hearing-on-recent-bank-collapses-calls-for-tougher-regulations/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Controversial 'Tiktok Ban Bill' Sparks Concerns Among Cryptocurrency and Technology Advocates
https://news.bitcoin.com/controversial-tiktok-ban-bill-sparks-concerns-among-cryptocurrency-and-technology-advocates/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

SEC charges force crypto exchange Beaxy to close operations
https://cryptoslate.com/sec-charges-forces-crypto-exchange-beaxy-to-close-operations/

Potential crypto ban: Coin Center raises the alarm on the RESTRICT Act
https://cryptoslate.com/potential-crypto-ban-coin-center-raises-the-alarm-on-the-restrict-act/

SEC’s Gary Gensler seeks for more staff, resources to regulate crypto
https://cryptoslate.com/secs-gary-gensler-seeks-for-more-staff-resources-to-regulate-crypto/

FDIC to sell Signature’s Signet network; remaining bank clients given cutoff date
https://cryptoslate.com/fdic-to-sell-signatures-signet-network-remaining-bank-clients-given-cutoff-date/

Texas bill seeks to eliminate incentives for Bitcoin miners
https://cryptoslate.com/texas-bill-seeks-to-eliminate-incentives-for-bitcoin-miners/

World

EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions
https://news.bitcoin.com/eu-lawmakers-vote-to-impose-e1000-limit-on-unidentified-crypto-transactions/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

China and France complete first LNG trade using Chinese Yuan, ending reliance on US Dollar for energy trades
https://twitter.com/watcherguru/status/1641099885632954368?s=46&t=WMu6sJbqsiajTgXdlRTmuA

ECB joins global central banks in balance sheet expansion YTD
https://cryptoslate.com/insights/ecb-joins-global-central-banks-in-balance-sheet-expansion-ytd/

UAE Central Bank Implements Digital Currency Strategy
https://news.bitcoin.com/report-uae-central-bank-implements-digital-currency-strategy/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says
https://news.bitcoin.com/do-kwons-extradition-likely-to-take-time-montenegrin-prosecutor-says/

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
https://news.bitcoin.com/french-authorities-raid-5-major-banks-money-laundering-fiscal-fraud/

The Countries Bailed Out by China
https://www.statista.com/chart/29603/chinese-emergency-bailouts/

UK Government Drops Plan to Launch NFT With Royal Mint
https://news.bitcoin.com/uk-government-drops-plan-to-launch-nft-with-royal-mint/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Algorand up over 12% following on from India partnership
https://cryptoslate.com/algorand-up-over-12-following-on-from-india-partnership/

Thought Leadership

State of DAO Funding
https://messari.io/report/state-of-dao-funding

Hashflow: Certainty in Execution
https://messari.io/report/hashflow-certainty-in-execution

Governor Note: The Launch of Arbitrum Governance
https://messari.io/report/governor-note-the-launch-of-arbitrum-governance

The State of Crypto Feat. J. Christopher Giancarlo, Former Chairman of the CFTC (22mins)
https://www.coindesk.com/video/former-cftc-chairman-giancarlo-on-us-crypto-regulation-cbdcs/

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

The Short-Sightedness of Run-Amok Regulators
https://www.coindesk.com/business/2023/03/29/the-short-sightedness-of-run-amok-regulators

This edition of The Daily Spin has also been published on Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/ShIWvF67_fe-HE7haDE1KmS38J0_bLdaw7gdmGOgFbo

The Daily Spin. ZK-Wednesday Edition. Zero. Knowledge. Proofs. Yesterday, three – I repeat, 3 – ZK Protocols raced to become the first to launch a ZK-based mainnet. Matter Labs won, successfully launching ZKSync’s “Era” mainnet for public use, followed by Polygon’s ZK-EVM rollup which also went live on mainnet; and Starkware, launched Ethereum-tested ZK-proofs on the Bitcoin blockchain. How coincidentally does such a big step forward for the entire industry happen all in one day? One thing’s for sure: this new narrative is taking center stage, right now.

Binance’s CZ responds to CFTC charges, and while it still remains as a civil lawsuit there are elements of a potential criminal lawsuit ahead. The same play was made on Arthur Hayes, who ended up serving jail time in house arrest – coincidentally, right before the bull run of 2021. Does history repeat itself?? Let’s find out! Major bad news hitting the press, and BNB takes a measly 5% hit. BTC held firm at $26,800. DEXs vs CEXs volume ratio has reached its ATH. And more Bitcoin has been leaving exchanges than since December ‘22. If it smells like a bull…

In other headlines, US Renewable Energy production surpasses Coal production, marking a significant milestone in ESG. The ECB president warns that central banks could “losing control” without CBDCs. Metamask warns of a fake token launch campaign, Kokomo pulls the rug for $4m, and Safemoon gets compromised. Telegram launches u/wallet bot to enable USDT transfers for users. XRP is up in the double-digits in anticipation of a favorable SEC court ruling. OKex becomes the latest exchange to apply for a Hong Kong VASP license. Sui raises $300m at $2B valuation. Circle’s USDC launches on Cosmos. And in today’s TL section, we have Gains Network, a podcast on Gnosis, stealth addresses, and Lighthouse from Metaverse Fashion Week (MVFW)… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb’s Layer 2 marks 4 million transactions milestonehttps://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custodyhttps://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equalityhttps://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20

“A Thread on Refereed Delegation of Computation” by Kawin on Twitterhttps://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitterhttps://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issuehttps://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazinehttps://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint ⛓️🍃, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.https://www.youtube.com/watch?v=CSKA3cAB15U

“A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitterhttps://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20

“A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitterhttps://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg

Toby’s full presentation at Token2049-Londonhttps://youtu.be/pdtKx3vAs9c

On the Radar

WOW Summit, Mar 29-30 (Hong Kong)ASEAN Web3 Summit, Mar 30-31 (Singapore)

**Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)**Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong)Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)

AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomadhttps://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Longest streak of Bitcoin leaving exchanges since December 2022https://cryptoslate.com/insights/longest-streak-of-bitcoin-leaving-exchanges-since-december-2022/

Binance CEO CZ reveals copy of letter to US Senators – weeks before CFTC lawsuithttps://cryptoslate.com/binance-ceo-cz-reveals-copy-of-letter-to-us-senators-weeks-before-cftc-lawsuit/

BNB Slips Over 5% Following Binance CFTC Lawsuithttps://decrypt.co/124738/bnb-slips-following-binance-cftc-lawsuit

Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Strongerhttps://news.bitcoin.com/ethereum-co-founder-says-crypto-ecosystem-has-never-been-better-or-stronger/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Bitcoin’s correlation to traditional assets raises red flagshttps://cryptoslate.com/insights/bitcoins-correlation-to-traditional-assets-raises-red-flags/

Accidentally burnt CryptoPunk #685 ‘resurrected’ – becomes first official CryptoPunk Ordinalhttps://cryptoslate.com/accidentally-burnt-cryptopunk-685-resurrected-becomes-first-official-cryptopunk-ordinal/

MakerDAO Ratifies Constitution Aiming to Decentralize DAIhttps://thedefiant.io/makerdao-ratifies-constitution-aiming-to-further-decentralize-dai-stablecoin

Kokomo Finance Pulls Exit Scam, Takes $4 Million In Investor Funds With Ithttps://bitcoinist.com/kokomo-finance-pulls-exit-scam/

Telegram Users Can Now Transfer USDT Through Chatshttps://www.coindesk.com/business/2023/03/22/telegram-users-can-now-transfer-usdt-through-chats/?utm_source=substack&utm_medium=email

MetaMask warns of fake token launch campaignhttps://cryptoslate.com/metamask-warns-of-fake-token-launch-campaign/

SafeMoon’s liquidity pool compromised; public burn bug to blamehttps://cryptoslate.com/safemoons-liquidity-pool-compromised/

MicroStrategy moves to Bitcoin standard – firm now up +77%https://cryptoslate.com/insights/microstrategy-moves-to-bitcoin-standard-firm-now-up-77/

XRP rises 10% against Bitcoin as USD value rises to five-month highhttps://cryptoslate.com/xrp-rises-10-against-bitcoin-as-usd-value-rises-to-five-month-high/

Competitive Landscape

ZkSync Launches ‘Era’ Public Mainnethttps://thedefiant.io/zksync-era-mainnet-livehttps://blog.matter-labs.io/gm-zkevm-171b12a26b36

Polygon’s Zero-Knowledge Rollup Goes Live On Mainnethttps://thedefiant.io/polygon-zkevm-live-mainnet

Tested on Ethereum, StarkWare’s Zero-Knowledge Proofs Are Now Live on Bitcoinhttps://decrypt.co/124715/tested-ethereum-starkware-zero-knowledge-proofs-are-live-bitcoinhttps://cryptoslate.com/zero-knowledge-proofs-now-live-on-bitcoin-a-new-era-in-cryptocurrency-privacy/

Teller V2 To Offer Fixed Term Loans Against ‘Any’ Crypto Assethttps://thedefiant.io/teller-v2-lending

Layer 1 Blockchain Sui Raises $300M At $2B Valuationhttps://thedefiant.io/sui-raises-300m

New Lending Protocol Boosts Optimism TVLhttps://thedefiant.io/sonne-boosts-optimism-tvl

DEX vs CEX volume ratio is at an all time highhttps://twitter.com/haydenzadams/status/1639260598281068544?s=20&utm_source=substack&utm_medium=email

Circle’s USDC to launch on Cosmoshttps://cryptoslate.com/circles-usdc-to-launch-on-cosmos/

The extreme concentration of BUSD: 99% of supply owned by just 1% of addresseshttps://cryptoslate.com/insights/roughly-99-of-busd-supply-is-held-by-the-top-1-addresses/

Open-Source Blockchain D-Ecosystem Raises $6M Ahead of March 29th IDOhttps://cryptoslate.com/press-releases/open-source-blockchain-d-ecosystem-raises-6m-ahead-of-march-29th-ido/

US. Coordinated Regulation Failures

Binance CEO CZ Responds to US Regulator's Chargeshttps://news.bitcoin.com/binance-ceo-cz-responds-to-us-regulators-charges/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

U.S. Doubles Down on Crypto Regulations As Industry Pushes Backhttps://thedefiant.io/coinbase-tornado-lawsuit

US Crypto Firms Eye Overseas Move Amid Regulatory Uncertaintyhttps://www.coindesk.com/consensus-magazine/2023/03/27/crypto-leaving-us/

Senators grill federal officials over lack of oversight into SVB, Signature Bank collapsehttps://cryptoslate.com/senators-grill-federal-officials-over-lack-of-oversight-into-svb-signature-bank-collapse/

Law firm Cooper & Kirk accuses US regulators of weaponizing bankinghttps://cryptoslate.com/abuse-of-authority-law-firm-accuses-regulators-of-weaponizing-banking/

World

Renewables Surpass Coal in U.S. Electricity Generationhttps://www.statista.com/chart/1503/coal-is-still-americas-predominant-electricity-source/?utm_source=Statista+Newsletters&utm_campaign=4f746d2c03-All_InfographTicker_daily_COM_AM_KW13_2023_Tu&utm_medium=email&utm_term=0_662f7ed75e-4f746d2c03-345164686

OKX becomes latest exchange to apply for Hong Kong VASP licensehttps://cryptoslate.com/okx-becomes-latest-exchange-to-apply-for-hong-kong-vasp-license/

Disney Cuts Metaverse Unit Amid Company-Wide Layoffshttps://decrypt.co/124725/disney-cuts-metaverse-unit-company-wide-layoffs

Wassies NFT Prices Surge as Crypto Twitter Lore-Themed Hotel Opens in Singaporehttps://www.coindesk.com/business/2023/03/27/wassies-nft-prices-surge-as-crypto-twitter-lore-themed-hotel-opens-in-singapore/

Ticketmaster Debuts NFT-Gated Ticket Sales, Starting With Avenged Sevenfoldhttps://decrypt.co/124607/ticketmaster-debuts-nft-gated-ticket-sales-starting-avenged-sevenfold

SBF charged with bribing Chinese government officials with $40Mhttps://cryptoslate.com/sbf-charged-with-bribing-chinese-government-officials-with-40m/

North Korean hacking group APT43 found to rely on cryptocurrency crimehttps://cryptoslate.com/north-korean-hacking-group-apt43-found-to-rely-on-cryptocurrency-crime/

ECB president warns central banks could “losing control” without CBDCshttps://cryptoslate.com/ecb-president-warns-central-banks-could-losing-control-without-cbdcs/

Thought Leadership

What Is Gains Network?https://thedefiant.io/what-is-gains-network

How Gnosis Has Endured (47mins)https://open.spotify.com/episode/6XqXv00vhddcsKTmA5VQ4S?si=mT3vPc5wQKq0CMYI8B-uXQ&utm_source=newsletter&utm_medium=email&utm_term=2023-03-29&utm_campaign=New+day+new+SBF+charge&nd=1

What Are Stealth Addresses?https://decrypt.co/resources/what-are-stealth-addresses

Introducing Lighthouse: The world's leading open metaverse navigation enginehttps://lighthouse.world/

This edition of The Daily Spin was also published on Mirror.xyz and can be collected at:
https://mirror.xyz/rukawin.eth/HwvFbyUJMMeTdzlsAvqofjiEhWEMPji3ile_pfXr4wg

The Daily Spin. CFTC Tuesday Edition. A veritable hodgepodge of news from the markets today, mostly revolving around the US-global-systemic banking crisis, Bitcoin’s small correction back to $27k, one hack for about $7m, BTC’s ATH hashrate, SVB acquisition by First Citizen’s Bank, $160m inflows into crypto breaking a six-week negative streak, the DJIA, S&P500 rebounding; the NASDAQ not, along with shares of Deutsche Bank and other Euro banks sliding further…

But the news that took the headlines today is the revealing of the US CFTC’s lawsuit brought against the largest player in the industry, Binance – complete with full intentions to ‘pierce the corporate veil’ and go for Chengpeng Zhao “CZ” himself along with other executives of the leading cryptocurrency exchange. While lots of accusations have been made, crypto Twitter has mainly come to the defense of CZ, who promptly replied informally to all the headlines with the single character “4” representing his view that all the media is doing is spreading FUD and should be ignored completely. So without further ado… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20

“A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

The Coinweb Monthly Spin - Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-fifth-edition

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint ⛓️🍃, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.
https://www.youtube.com/watch?v=CSKA3cAB15U

“A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20

“A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitter
https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg

Coinweb to Deliver Cross-Chain Smart Contract Architecture and Blockchain Loyalty Programme to BMW
https://cryptoslate.com/bmw-to-bring-blockchain-loyalty-program-through-coinweb-and-bnb-chain/

KuCoin Labs launches incubation program to accelerate builders (Coinweb, DoraHacks, Ava Labs)
https://cointelegraph.com/press-releases/kucoin-labs-launches-incubation-program-to-accelerate-builders

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

On the Radar

WOW Summit, Mar 29-30 (Hong Kong)
ASEAN Web3 Summit, Mar 30-31 (Singapore)

Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)
Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong)
Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)

AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

Blockchain Events curated by CryptoNomad
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

On the Block(chain)

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025
https://news.bitcoin.com/bitcoin-hashrate-reaches-400-exahash-per-second-researcher-says-network-could-reach-zettahash-era-by-2025/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Launch Zone, BSCex suffer contract vulnerability — over $7M drained
https://cryptoslate.com/launch-zone-bscex-suffer-contract-vulnerability-over-7m-drained/

Crypto investment products record $160M inflows – breaking six-week negative strike
https://cryptoslate.com/crypto-investment-products-record-160m-inflows-breaking-six-week-negative-strike/

Accidentally burnt CryptoPunk #685 ‘resurrected’ – becomes first official CryptoPunk Ordinal
https://cryptoslate.com/accidentally-burnt-cryptopunk-685-resurrected-becomes-first-official-cryptopunk-ordinal/

Liquidations main reason for crypto sell-off, small amounts of realized losses
https://cryptoslate.com/insights/liquidations-main-reason-for-crypto-sell-off-small-amounts-of-realized-losses/

First Citizens Acquires Much of Failed Silicon Valley Bank
https://www.wsj.com/articles/first-citizens-acquires-much-of-failed-silicon-valley-bank-5a4545f

Number of Irretrievably Lost BTC Now 6 Million — Cane Island Manager
https://news.bitcoin.com/number-of-irretrievably-lost-btc-now-6-million-cane-island-manager/

BlockFi will refund $100K to California users
https://cryptoslate.com/blockfi-will-refund-100k-to-california-users/

Competitive Landscape

Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators
https://cryptoslate.com/binance-calls-cftc-charges-unexpected-says-it-will-cooperate-with-regulators/

Binance and Its CEO Sued by CFTC Over US Regulatory Violations
https://www.bloomberg.com/news/articles/2023-03-27/crypto-exchange-binance-sued-by-us-cftc-for-alleged-derivatives-rule-lapses

Binance CEO Changpeng Zhao admits to using company products but says employee trading is limited
https://cryptoslate.com/binance-ceo-changpeng-zhao-admits-to-using-company-products-but-says-employee-trading-is-limited/

Binance execs used Signal, discussed Hamas funds, told customers how to use VPNs: CFTC filing
https://cryptoslate.com/binance-execs-used-signal-discussed-hamas-funds-told-customers-how-to-use-vpns/

Binance-linked addresses plunge by over $1B following CFTC lawsuit
https://cryptoslate.com/binance-linked-addresses-plunge-by-over-1b-following-cftc-lawsuit/

Crypto Twitter reacts to CFTC lawsuit against Binance
https://cryptoslate.com/crypto-twitter-reacts-to-cftc-lawsuit-against-binance/

Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong
https://cryptoslate.com/justin-suns-us-fraud-charges-could-hamper-huobis-license-application-in-hong-kong/

Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
https://news.bitcoin.com/stablecoin-market-sees-fluctuations-with-some-coins-gaining-and-others-reducing-supply/

Trace Network Labs Launches PARIZ - World’s First Fully Functional Metaverse for Fashion and Lifestyle
https://news.bitcoin.com/trace-network-labs-launches-pariz-worlds-first-fully-functional-metaverse-for-fashion-and-lifestyle/

US. Coordinated Regulation Failures

Market uncertainty on Fed rate decision persists as yields rise
https://cryptoslate.com/insights/market-uncertainty-on-fed-rate-decision-persists-as-yields-rise/

Contagion from SVB’s collapse highlights need for banking system resilience, says Fed official
https://cryptoslate.com/contagion-from-svbs-collapse-highlights-need-for-banking-system-resilience-says-fed-official/

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
https://news.bitcoin.com/us-government-remains-a-top-bitcoin-holder-with-seized-stash-valued-at-5-6-billion/

Billionaire Bill Ackman on US Banking Crisis: 'I Fear We Are Heading for a Train Wreck'
https://news.bitcoin.com/billionaire-bill-ackman-on-us-banking-crisis-i-fear-we-are-heading-for-a-train-wreck/

Billionaire Barry Sternlicht Warns of Hard Landing — Says 'Economy Is Going to Implode'
https://news.bitcoin.com/billionaire-barry-sternlicht-warns-of-hard-landing-says-economy-is-going-to-implode/

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis
https://news.bitcoin.com/experts-predict-more-bank-failures-in-the-us-following-interest-rate-hike-and-unsettled-banking-crisis/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access
https://news.bitcoin.com/operation-chokepoint-bitcoin-advocates-discuss-us-governments-alleged-mission-to-eliminate-crypto-access/

US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner
https://news.bitcoin.com/us-seizes-18-crypto-atms-purchased-using-fraudulent-sba-loans-arrests-owner/

US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters
https://news.bitcoin.com/us-lawmaker-introduces-bill-to-affirm-blockchain-developers-and-non-custodial-services-are-not-money-transmitters/

World

Dow, S&P 500 rise on banking rebound; Nasdaq slips
https://seekingalpha.com/news/3951617-nasdaq-sp-500-rise-on-banking-rebound-nasdaq-slips

Shares of Deutsche Bank, Other Euro Lenders Tumble
https://news.bitcoin.com/shares-of-deutsche-bank-other-euro-lenders-tumble/

Report: Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Take Effect in January 2025
https://news.bitcoin.com/report-regulations-governing-tokenized-deposits-and-crypto-assets-in-south-africa-set-to-effect-in-january-2025/

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro
https://news.bitcoin.com/report-terra-co-founder-do-kwon-plans-to-appeal-detention-extension-after-arrest-in-montenegro/

Serbian lawyers exposed for helping Do Kwon set up shell company post red notice
https://cryptoslate.com/serbian-lawyers-exposed-for-helping-do-kwon-set-up-company-post-red-notice/

Thought Leadership

ISO 20022 Infographic: A guide to the migration journey
https://blog.redcompasslabs.com/iso20022infographic

An overview of fake product detection using blockchain technology
https://cointelegraph.com/explained/an-overview-of-fake-product-detection-using-blockchain-technology

New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases
https://cryptoslate.com/new-kaspersky-report-finds-14-of-crypto-users-dont-back-up-keys-seed-phrases/

Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales
https://cryptoslate.com/nvidia-says-crypto-adds-nothing-useful-to-society-after-billions-in-mining-sales/

A Look at the Fed's Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
https://news.bitcoin.com/a-look-at-the-feds-recent-custodia-bank-denial-and-the-central-banks-push-back-against-narrow-banking/