The Daily Spin. Hello August. This week, we will be launching Coinweb’s “The Fortnightly Spin”, to our entire distribution list and begin the first release of monthly updates with our round-up of curated news and opinions (likely biased) from the world of Blockchain, keeping you informed of the most trending, in-the-know, and controversial topics…don’t miss our “On The Radar” section that includes both on-chain and off-chain events, some world news and a thought leadership section to keep you curious, inspired, and clinically sane…
Ongoings at Coinweb
Welcome to the Office
It is now mid-Q3 and we have major milestones to hit as competition looms…in order to better meet our goals we have focused drives on both the product side and public relations. As such, we welcome several members of the team into the office setting - as well as some new members to the fam as well!
First Staking Booster Window has been completed with great success! Community feedback has been very positive, several noting that this boost was “juicy” and offered a “smooth, seamless user experience.” We locked over 50m tokens (surpassing expectations) in just 24 hours, gained at least 100 new stakers, and effectively drove the token price up from $.017 to over $0.02 in a 5 day period. Thank you to everyone who participated in this community event, we are already looking forward to our next Booster Window!
On the Radar
Cardano Vasil Hard Fork (delayed)
https://dailyhodl.com/2022/07/31/cardanos-vasil-hard-fork-delayed-for-several-more-weeks-as-ada-sees-green-week/
NFT3 Awards, Aug 5 (Los Angeles)
Korea Blockchain Week, Aug 7 (Seoul)
Blockchain Futurist Conference, Aug 9 (Toronto)
Play-2-Earn Expo Asia, Aug 10-13 (Bangkok)
https://coinweb.io/events/play-2-earn-expo-asia-10-13th-august-2022/
Ethereum Goerli Merge, Aug 11
https://hackmd.io/@benjaminion/BkxQTpqpi9
Coinfest Asia, Aug 25 (Bali)
AEternity Universe 2, Sep 15 (Unstrut)
Token2049, Sep 28-29 (Singapore)
Crypto-industry News
Craig “Faketoshi” Wright has his day in Court
https://cryptoslate.com/uk-high-court-rules-in-favor-of-craig-wright-awarding-1-in-defamation-damages/
Axie Infinity CEO moved funds before disclosing Ronin Hack
https://cryptoslate.com/axie-infinity-ceo-moved-funds-to-binance-before-disclosing-ronin-bridge-hack/
Zipmex seeks extension for bankruptcy protection in Singapore
https://cryptoslate.com/zipmex-seeks-extension-for-bankruptcy-protection-in-singapore/
Babel books over $280m in losses trading with customer funds (!) and seeks $300m raise
https://cryptoslate.com/babel-lost-over-280m-trading-with-customer-funds-wants-to-raise-up-to-300m/
Vauld receives 3 month moratorium from Singapore high court
https://cryptoslate.com/vauld-gets-three-month-moratorium-from-singapore-high-court-for-protection-against-creditors/
Meta’s metaverse unit Reality Labs reports $2.8bn in losses during Q2
https://news.bitcoin.com/metas-metaverse-is-still-not-profitable-reality-labs-unit-registers-2-8-billion-losses-during-q2/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Competitive Landscape
Crypto investments products see inflows of $474m in July
https://cryptoslate.com/crypto-investments-products-see-inflows-of-474m-in-july/
Polygon to utilize Dutch Auctions on its subscription platform
https://cryptoslate.com/press-releases/the-new-polygon-matic-web3-subscription-platform-is-jumping-on-the-trend-of-dutch-auctions/
Binance announces the BAB Soulbound token for wallet KYC
https://cryptoslate.com/binance-uses-soulbound-tokens-to-offer-decentralized-kyc-of-wallets/
XRP sales increased almost 50% in Q2 vs Q1
https://cryptoslate.com/ripples-xrp-sales-increased-almost-50-in-q2-vs-q1/
Poloniex launches new trading system focused on speed, stability and usability
https://cryptoslate.com/poloniex-launches-new-trading-system-focused-on-speed-stability-and-usability/
DeFi to SocialFi?
https://cryptoslate.com/nested-on-a-mission-to-turn-defi-into-socialfi/
MasRelic launches RELIC, DeFi and Synth Real Estate Platform on ETH
https://cryptoslate.com/press-releases/masrelic-defi-and-synthetic-real-estate-platform-launched-its-new-relic-token-on-the-ethereum-blockchain/
Aave DAO launches overcollateralized dollar pegged GHO Stablecoin
https://cryptoslate.com/gho-stablecoin-to-be-launched-as-aave-dao-gives-a-99-9-approval/
ETC up over 150% in July as ETH2.0 draws closer
https://cryptoslate.com/ethereum-classic-up-over-150-in-july-as-eth-2-0-draws-closer/
Tiffany & Co. to launch new NFT collection at 30ETH a piece
https://cryptoslate.com/tiffany-co-to-launch-new-nft-collection-priced-at-30-eth-a-pop-community-opinion-divided/
World
Bitcoin Valley launches in Honduras with 60 businesses to boost crypto-tourism
https://news.bitcoin.com/bitcoin-valley-launches-in-honduras-60-businesses-accept-btc-to-boost-crypto-tourism/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Beware of North Korean Hackers!
https://cryptoslate.com/north-koreans-reportedly-targeting-crypto-jobs-for-insider-access/
Bank Santander to Offer Cryptocurrency Services in Brazil
https://news.bitcoin.com/santander-to-offer-cryptocurrency-services-in-brazil-in-the-coming-months/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
UK Introduces new rules for promotion of high-risk assets
https://cryptoslate.com/uk-introduces-new-rules-for-promotion-of-high-risk-assets-crypto-in-the-crosshairs/
U.S.SEC Chair publishes video outlining plan to regulate crypto trading
https://news.bitcoin.com/sec-chairman-publishes-video-outlining-plan-to-regulate-crypto-trading-platforms/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Nigerian currency plunges to new ATL amid speculation
https://news.bitcoin.com/nigerian-currency-plunges-to-new-all-time-low-central-bank-blames-speculators/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Kenyan activists call for creation of a common African digital currency
https://news.bitcoin.com/call-for-creation-of-common-african-digital-currency-kenyan-activists-turn-to-crypto-funding-ghana-on-the-brink/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
IMF warns Kenyan central bank against introducing CBDC - citing harms to Fintechs and Banks
https://news.bitcoin.com/report-imf-warns-kenyan-central-bank-against-introducing-a-cbdc-that-harms-fintechs-and-banks/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Thought Leadership
Are you prepared for the ETH2.0 Merge
https://cryptoslate.com/how-should-investors-prepare-for-the-merge/
CZ thinks crypto market is much healthier with BTC around $20k
https://cryptoslate.com/binances-cz-thinks-crypto-market-is-much-healthier-with-btc-around-20k/
Metaverse branding’s success depends on it underlying purpose
https://cryptoslate.com/metaverse-brandings-success-depends-on-its-underlying-purpose/
How to cash out the rise of crypto-to-fiat
https://cryptoslate.com/how-to-cash-out-the-rise-of-crypto-to-fiat/
On-chain data shows how short-term BTC holders invest differently to long-term holders
https://cryptoslate.com/how-short-term-bitcoin-holders-invest-differently-to-long-term-holders-according-to-on-chain-data/
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