Saturday, November 5, 2022

Saturday, 5th November 2022

The Daily Spin. Some Saturdays Edition. Bitcoin falls below key resistance level for the 4th time in history, resulting in miners facing insolvency, and network hash-rate hits an all-time high. The Biden Administration is shutting out Congress from decisions involving crypto, CBDCs like the one in Nigeria are failing miserably. Do Kwon is still being chased, now with hard evidence against him on price manipulation. Meanwhile, massive lay-offs continue with Stripe and Twitter setting great examples on how to let people go …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

Coinweb Begins RoadShow to London, Nov 7-17

Overlay Networks in Blockchain” thread published by Kawin on Twitter
https://twitter.com/rukawin/status/1585548192761856000?s=46&t=7I6cq6_CPaQuHqwEBk0wTg

Coinweb Fireside Chat Series, “Happy Halloweb3” Oct 27 (Bangkok)
Panel Discussion Audio Recording Feat. Coinbase, Binance, and McKinsey (47mins):
https://open.spotify.com/episode/175CCj57qgfy8Hd5Ft5poy?si=h4WghWcOQnutGohTrDcGNA

Crypto Isn’t Going Away Anytime Soon, As Regulatory Debate Rumbles” by Toby Gilbert on Valuewalk.com
https://www.valuewalk.com/crypto-isnt-going-away-anytime-soon-as-regulatory-debate-rumbles/

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

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

On the Radar

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

Token 2049, Nov 9-10 (London)
https://www.europe.token2049.com/

Bureau of Labor Statistics CPI Index, Nov 10 (Washington DC)
Innovative Finance Expo, Nov 14-16 (Dubai)

Digital Assets Week, Nov 15-16 (London)
https://daweek.org/

Crypto AM Summit and Awards, Nov 23-24 (London)
https://www.cityam.com/camsa22/

DSLA Protocol for Tezos (facilitates onboarding of enterprises to ecosystem), Nov 24
Blockchain Genesis Thailand 2022 - Road to Web3, Nov 26-27 (Bangkok)
Sub0 Polkadot Dev Conference, Nov 28-29 (Lisbon)

Global Blockchain Expo, Dec 1-2 (London)
https://blockchain-expo.com/global/

World Blockchain Summit, Dec 8-9 (Bangkok)
https://worldblockchainsummit.com/bangkok/

On the Block (chain)

Research: Bitcoin falling below key resistance for only the fourth time in it’s history
https://cryptoslate.com/on-chain-analysis-of-bitcoin-indicates-bull-market-on-the-horizon/

Korean authorities reportedly have proof of Kwon’s LUNA price manipulations
https://cryptoslate.com/korean-authorities-reportedly-have-proof-of-kwons-luna-price-manipulations/

Stripe lays off 14% of workforce to cut costs amid economic downturn
https://cryptoslate.com/stripe-lays-off-14-of-workforce-to-cut-costs-amid-economic-downturn/

Compute North paid top execs roughly $3M benefits before filing for bankruptcy
https://cryptoslate.com/compute-north-paid-top-execs-roughly-3m-benefits-before-filing-for-bankkruptcy/

Rumors of Andre Cronje’s return cause Fantom to spike 24%
https://cryptoslate.com/rumors-of-andre-cronjes-return-cause-fantom-to-spike-24/

Cloud service provider Hetzner blocks access for Solana validators over TOS breach
https://cryptoslate.com/cloud-service-provider-hetzner-blocks-access-for-solana-validators-over-tos-breach/

Competitive Landscape

Coinbase burns $546M of USD resources as it reports another quarter in the red with a 55% revenue decline
https://cryptoslate.com/coinbase-burns-546m-of-usd-resources-as-it-reports-another-quarter-in-the-red-with-a-55-revenue-decline/

Standard Chartered invests in JPMorgan blockchain platform
https://cryptoslate.com/standard-chartered-invests-in-jpmorgan-blockchain-platform/

Arweave teams up with Meta for NFT storage, AR token spikes 61%
https://cryptoslate.com/arweave-teams-up-with-meta-for-nft-storage-ar-token-spikes-61/

WalletConnect secures $12.5 million in an ecosystem funding round
https://cryptoslate.com/walletconnect-secures-12-5-million-in-an-ecosystem-funding-round/

Brave CEO Brendan Eich: Web3 Isn't Taking Privacy Seriously Enough
https://decrypt.co/videos/live-events/DkekOS6c/brave-ceo-brendan-eich-web3-isnt-taking-privacy-seriously-enough

World

Biden’s White House Is Shutting Out Congress From Its Crypto-Policy Framework
https://www.forbes.com/sites/jasonbrett/2022/11/03/bidens-white-house-is-shutting-out-congress-from-its-crypto-policy-framework/?utm_medium=browser_notifications&utm_source=pushly&utm_campaign=2467732&sh=2f0d4d2d10c0

eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary
https://cryptoslate.com/enaira-cbdc-a-massive-failure-despite-nigerian-central-banks-claims-to-the-contrary/

China holds $3.9B worth of Bitcoin despite anti-crypto stance
https://cryptoslate.com/china-holds-3-9b-worth-of-bitcoin-despite-anti-crypto-stance/

MSCI introduces digital assets classification system in partnership with Goldman Sachs, CoinMetrics
https://cryptoslate.com/msci-introduces-digital-assets-classification-system-in-partnership-with-goldman-sachs-coinmetrics/

Thought Leadership

Vitalik Buterin: What Will ETH Be Like in 10 Years?
https://www.youtube.com/shorts/jS5HRoGaex0

The science behind why we follow influencers — and how it leads to overconsumption
https://mashable.com/article/why-we-follow-influencers-on-instagram?utm_medium=browser_notifications&utm_source=pushly&utm_campaign=2466985

Ethereum vs. Juno: Two Unique Approaches to Smart Contracts
https://www.stakingrewards.com/journal/ethereum-versus/?utm_source=substack&utm_medium=email

Cosmos 2.0: A Multi-App-Chain Future with Shared Security
https://www.stakingrewards.com/journal/cosmos-2-0-a-multi-app-chain-future-with-shared-security%ef%bf%bc/?utm_source=substack&utm_medium=email

https://preview.redd.it/yr6the9j84y91.png?width=805&format=png&auto=webp&s=723e488501c880aa23dbabdb3157bd0590dcfc77


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