The Daily Spin. St. John’s Tuesday Edition. St.John’s day, also known as Case day and Fruitcake day, was originally embodied for charitable donations to the poor (your Christmas dinner leftovers, reboxed gifts that you never wanted, and all those clothes that relatives bought for you without ever getting your opinion..) trust the good Christians to make a day out of it. Anyways…
Bitkeep suffers a huge exploit, while FTX attempts to retain its shares of Robinhood. The redistribution of wealth is quite timely. Speaking of which, some 9 out of the top 10 crypto billionaires have suffered over 90% loss in net worth, including Binance’s Changpeng Zhao. Solana loses two of its top blue-chip NFT projects (including y00ts) to other chains, who have indicated their intent to migrate over to Polygon by Q1 of next year. Polygon continues to make waves as the leading ETH scalability platform. AVAX has launched their Banff5 upgrade which allows subnet-to-subnet interoperability without bridges. And NEAR protocol has announced the first non-EVM integration into MetaMask. In world geo-political headlines, China has dropped its COVID travel restrictions and simultaneously launched 71 military aircraft across the Taiwanese Strait – North Korea was also caught sending drones into South Korea, causing a major scramble of action in the East Asia region …here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed over the holiday season 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
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
Coinweb Festive Community Engagement Program “Joy and Cheers” is Live on all Telegram sub-channels, Dec 20 - Jan 3
“Coinweb’s Cross-chain Routing System and Eliminating Platform Risk” a Thread by Anton on Twitter
https://twitter.com/coinwebofficial/status/1602615630879985664?s=46&t=yj1lrGctwO-5NBlfjKPvUg
Toby Interviewed at the Benzinga Future of Crypto Conference, Dec 7 (New York)
https://www.benzinga.com/markets/cryptocurrency/22/12/30022360/coinweb-is-making-a-splash-as-a-leading-layer-two-platform
World Blockchain Summit, Dec 8-9 (Bangkok)
https://coinweb.io/events/its-a-wrap-for-2022-world-blockchain-summit/
Latest Video Release: How Elon Musk Can Save Twitter with Crypto (4mins)
https://www.youtube.com/watch?v=p55fd1PdrqA
It’s OK to Meetup Bangkok 2022, Nov 27 (Bangkok)
https://www.linkedin.com/posts/rukawin_thailand-blockchain-genesis-activity-7002871111134707712-YiCT?utm_source=share&utm_medium=member_desktop
Crypto AM Summit and Awards, Nov 23-24 (London)
https://twitter.com/tobycoinweb/status/1595909263263662081?s=46&t=V-EQfqnAOG7fXAWZ3sMk1Q
“Understanding the Great Crypto Tradeoff” by Toby Gilbert
https://dailyhodl.com/2022/11/16/understanding-the-great-crypto-tradeoff/
“The Time is Now for Blockchain” article on Times of Malta
https://timesofmalta.com/articles/view/time-now-blockchain-a2.994854
Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c
Digital Assets Week, Nov 15-16
Toby joins “Tech for Institutional Grade Digital Assets” Panel with R3 and State Street
https://coinweb.io/events/london-invasion-part-2-digital-assets-week/
On the Radar
PlayToEarn Blockchain Game Awards 2022 (Public Voting Dec 1-29)
https://cryptoslate.com/press-releases/playtoearn-blockchain-game-awards-2022-announced-with-10k-in-prizes/
ArtVentureNFT “Character MOB”, Dec 23-28 (Pattaya)
World Crypto Conference, Jan 13-15 (Zurich)
https://worldcryptoconference.org/
European Blockchain Convention, Feb 15-17 (Barcelona)
Interop Summit, Feb 20-22 (Miami)
On the Block(chain)
Bitcoin, gold rise 3% following FTX’s crash while Ethereum, USD, others crash
https://cryptoslate.com/bitcoin-gold-rise-3-following-ftxs-crash-while-ethereum-usd-others-crash/
Net worth of CZ fell 93% while 10 crypto moguls lost billionaire status in 9 months: Report
https://cryptoslate.com/net-worth-of-cz-fell-93-while-10-crypto-moguls-lost-billionaire-status-in-9-months-report/
FTX attempts to maintain ownership of Robinhood shares in court
https://cryptoslate.com/ftx-attempts-to-maintain-ownership-of-robinhood-shares-in-court/
Cryptocurrencies are outpacing inflation – but traditional assets are not
https://cryptoslate.com/cryptocurrencies-are-outpacing-inflation-but-traditional-assets-arent/
Vauld says Nexo acquisition has broken down
https://cryptoslate.com/vauld-says-nexo-acquisition-has-broken-down/
Hackers steal $8M from BitKeep users by spoofing wallet app
https://cryptoslate.com/hackers-steal-8m-from-bitkeep-users-by-spoofing-wallet-app/
Competitive Landscape
Looking back on the year with Polygon: Increase in transactions, new collaborations, and more
https://cryptoslate.com/looking-back-on-the-year-with-polygon-increase-in-transactions-new-collaborations-and-more/
Solana’s most famous NFT Projects announced migration to new chains by Q1 2023
https://coingape.com/web-stories/solana-most-famous-nft-projects-announce-migration-to-new-chains/?utm_source=coingape&utm_medium=postpage
Avalanche released Avalanche Warp Messaging (AWM) as part of the Banff 5 update for its core implementation (subnet to subnet messaging without bridges)
https://twitter.com/avalancheavax/status/1605988995917299720?s=20&t=214aa-FydCmg--Hf4sJ2pA&utm_source=substack&utm_medium=email
Proximity Labs has released NETH, a smart contract that allows users to interact with dApps on NEAR with their Ethereum wallets. NETH is the first solution to offer MetaMask compatibility on a non-EVM chain.
https://twitter.com/proximityfi/status/1604881126145011713?s=20&t=dWGRvESLq3LPp9jlT5C_zg&utm_source=substack&utm_medium=email
Palau reportedly partners with Ripple to launch national stablecoin
https://cryptoslate.com/palau-reportedly-partners-with-ripple-to-launch-national-stablecoin/
Chess to make headway into Web 3.0 as FIDE partners with Avalanche
https://cryptoslate.com/chess-to-make-headway-into-web-3-0-as-fide-partners-with-avalanche/
World
Japan to lift ban on foreign-issued stablecoins in 2023
https://cryptoslate.com/japan-to-lift-ban-on-foreign-issued-stablecoins-in-2023/
China to scrap quarantine for international travelers in an essential end of zero-Covid
https://www.cnbc.com/2022/12/27/china-to-end-quarantine-for-international-travelers.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
China stages big military incursion, Taiwan says
https://www.bbc.co.uk/news/world-asia-64094261
South Korea scrambles jets, fires shots as North Korean drones intrude on southern airspace
https://www.abc.net.au/news/2022-12-26/south-korea-jets-fight-north-korean-drones/101809624
Thought Leadership
450K BTC moved to cold storage in 2022
https://cryptoslate.com/450k-btc-moved-to-cold-storage-in-2022/
Ali Taslimi introduced Cross Chain Monitoring Tool, which enables users to compare 10+ blockchains in different sectors such as NFTs, DEXs, and metrics such as transaction fees, NFT sales, etc.
https://cross-chain-monitoring.streamlit.app/
OpenOcean launches 1-click cross-chain swap aggregator
https://blog.openocean.finance/openocean-launches-1-click-cross-chain-swap-aggregator-2c1aa257c4ba
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