Wednesday, October 19, 2022

Thursday, 20th October 2022

The Daily Spin. Tribunal Thursday Edition. More hacks pile on to this month’s tally, now dubbed “Hacktober”, which has already surpassed every month that has come before it. Aptos Layer 1 is live amidst strong criticism and FUD, Ripple makes strides into the first phase of development of an EVM-based sidechain. Ooki DAO vs CFTC turning out to be a landmark case. The US economy is super strong, despite inflation, UK’s PM Truss f*cked up so badly that Scotland is going braveheart again …here’s our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed of the most trending, in-the-know, and controversial topics. In the name of transparent, information dissemination to keep you curious, inspired, and clinically sane…

Ongoings at Coinweb

Vietnam Blockchain Summit 2022 (Hanoi)
Toby speaks at “Bridging the Gap Between Speculation and Fundamental Value in Digital Assets” Panel
Video to be released soon

Coinweb Looks Undervalued, Article on LiveTradingNews.com
https://www.livetradingnews.com/coinweb-cweb-looks-undervalued-218893.html

Crypto Expo Thailand, Oct 7 (Bangkok)
Toby Spoke on Cross-Chain Interoperability, more info coming soon.
http://www.thailandcryptoexpo.com

Coinweb’s Monthly Fireside Chat Series: Are You Game? Sep 22 (Bangkok)
https://www.siam2nite.com/en/pictures/coinweb-at-baan-dusit-thani-23369

Latest Video Release: Trade Tokens on Multiple Blockchains Without a Bridge (4mins)
https://youtu.be/ZUajbJDEeB0

Coinweb Set to Establish Business in Saudi, UAE by H1 2023
https://www.khaleejtimes.com/business/coinweb-set-to-establish-presence-in-uae-saudi-in-h1-2023-says-ceo-gilbert

“How Bridges Need to Deliver Blockchain Interoperability” by Toby Gilbert on Medium
https://medium.com/@Coinweb.io/how-bridges-need-to-deliver-blockchain-interoperability-7c910e52a4c7

“One Chain to Rule Them All?” By Toby Gilbert on Medium
https://medium.com/@Coinweb.io/one-chain-to-rule-them-all-a049d1f8d97f

On the Radar

Litecoin Summit, Oct 21-22 (Las Vegas)
Kinza Dubai, Oct 26 (Dubai)

Coinweb Fireside Chat Series, Oct 27 (Bangkok)

Web3 & Real Estate Summit, Oct 27-28 (Miami)
Forward to the Future of Blockchain, Nov 1 (Bangkok)
FOMC Meeting on Interest Rate, Nov1-2 (Washington DC)

Elrond X-Day Conference, Nov 3-5 (Paris)
Staking Summit, Nov 8 (Lisbon)

Token 2049, Nov 9-10 (London)

Innovative Finance Expo, Nov 14-16 (Dubai)
DSLA Protocol for Tezos (facilitates onboarding of enterprises to ecosystem), Nov 24

Blockchain Thailand Genesis 2022 - Road to Web3, Nov 26-27 (Bangkok)

Sub0 Polkadot Dev Conference, Nov 28-29 (Lisbon)

On the Block (chain)

Research: Bitcoin held on exchanges reaches its lowest since 4 years
https://cryptoslate.com/bitcoin-held-on-exchanges-reaches-its-lowest-since-4-years/

Defi Platform Moola Exploited for $8.4 Million in Incident Described as 'Incredibly Simple Attack'
https://news.bitcoin.com/defi-platform-moola-exploited-for-8-4-million-in-incident-described-as-incredibly-simple-attack/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Jack Dorsey introduces AT Protocol for federated social applications
https://cryptoslate.com/jack-dorsey-introduces-at-protocol-for-federated-social-applications/

Internet Computer 2.0 expected as Aptos detractors relish Binance futures listing
https://cryptoslate.com/internet-computer-2-0-expected-as-aptos-detractors-relish-binance-futures-listing/

Buterin advocates for censorship tolerance in special cases
https://cryptoslate.com/buterin-advocates-for-censorship-tolerance-in-special-cases/

Terra co-founder Do Kwon tells Laura Shin fraud charges against him are illegitimate
https://cryptoslate.com/terra-co-founder-do-kwon-tells-laura-shin-fraud-charges-against-him-are-illegitimate/

Terra LUNA Classic community reduces tax burn to 0.2%
https://cryptoslate.com/terra-luna-classic-lunc-community-reduces-tax-burn-to-0-2/

Here’s why Aptos (APT) crashed 45% on first day of trading
https://cryptoslate.com/heres-why-aptos-apt-crashed-45-on-first-day-of-trading/

Competitive Landscape

Fidelity Digital Assets will begin offering ETH to institutions later this month
https://www.theblock.co/post/178462/fidelity-digital-assets-will-begin-offering-eth-to-institutions-later-this-month

Ripple’s XRPL to soon support NFTs
https://cryptoslate.com/ripples-xrpl-to-soon-support-nfts/

Facebook owner Meta to sell Giphy after UK watchdog confirms ruling
https://www.theguardian.com/technology/2022/oct/18/facebook-meta-sell-giphy-cma

Cardano NFTs Touted as Next Gold Rush After Ford Edwards Sells for $65,000
https://cryptoslate.com/cardano-nfts-touted-as-next-gold-rush-after-ford-edwards-sells-for-65000/

Top 10 metaverse tokens tank as interest wanes
https://cryptoslate.com/top-10-metaverse-tokens-tank-as-interest-wanes/

Celestia Labs hits unicorn status in latest bet on modular blockchains
https://www.theblock.co/post/177841/celestia-labs-hits-unicorn-status-in-latest-bet-on-modular-blockchains

World

Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation
https://cryptoslate.com/fed-vice-chair-warns-banks-about-crypto-liquidity-urges-stablecoin-regulation/

EU Commissioner Urges US to Create New Crypto Rules — Says 'We Need to Look at Global Regulation of Crypto'
https://news.bitcoin.com/eu-commissioner-urges-us-to-create-new-crypto-rules-says-we-need-to-look-at-global-regulation-of-crypto/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Argentina to Launch 'Fair Prices' Program to Battle Raging Inflation Numbers
https://news.bitcoin.com/argentina-to-launch-fair-prices-program-to-battle-raging-inflation-numbers/

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
https://news.bitcoin.com/eu-to-target-crypto-miners-power-usage-as-union-relies-less-on-russian-energy/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Israel moves to avail government bonds via blockchain
https://cryptoslate.com/israel-moves-to-avail-government-bonds-via-blockchain/

Blockchain advocacy groups file motion to support Grayscale in lawsuit against SEC
https://cryptoslate.com/blockchain-advocacy-groups-file-motion-to-support-grayscale-in-lawsuit-against-sec/

Thought Leadership

How many more warning signs does Mark Zuckerberg need to see before he pulls the plug on his metaverse?
https://www.businessinsider.com/mark-zuckerberg-warning-signs-for-metaverse-2022-10?r=MX&IR=T

Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event
https://news.bitcoin.com/understanding-tron-grand-hackathon-2022-season-3-and-the-hacker-house-event/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Paradigm Rushes to Defend Ooki DAO in Landmark CFTC Lawsuit
https://decrypt.co/112433/paradigm-rushes-to-defend-ooki-dao-in-landmark-cftc-lawsuit

How Crypto Advocates Are Defending Ooki DAO
https://www.coindesk.com/policy/2022/10/19/how-crypto-advocates-are-defending-ooki-dao/

Draft of 'DeFi Killing' CFTC Bill Has Leaked—Here’s What’s In It
https://decrypt.co/112420/cftc-dccpa-bill-leak-defi-regulation

SBF posts regulatory 'manual' for crypto and FTX, cautions against 'locking in' DeFi policy
https://www.theblock.co/post/178485/sbf-posts-regulatory-manual-for-crypto-and-ftx-cautions-against-locking-in-defi-policy

https://preview.redd.it/i1xqjbba5wu91.png?width=820&format=png&auto=webp&s=6ef903cdb0dfcb2bbc6c48b9448c2511b023867f


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