The Daily Spin. Black Friday Edition. The Black Friday sales event used to be so important that economists would consider it as an indicator of consumer spending power. But just like the Stock2Flow model, things change. People are now purchasing more online than ever, and these guys have launched their Black Friday sales days in advance of each other. Not to mention, 12/12, 11/11, 10/10 and every other day they can find an excuse to FOMO the market in to pump their top line. So what actually happens is a lower than expected report figure - is it likely to cause another panic in the markets? Of course, this is just pure speculation.
What isn’t speculation? Record amounts of BTC are leaving exchanges. Traders are currently holding the most short positions on BTC and ETH, ever. Whales keep accumulating, and the media and analysts are all saying "the bottom is in." DCG is going under. Core Scientific, Genesis, all going down as well. Metamask announces new policy to keep track of your IP address. And sure as shit, we haven’t seen the end of this FTX debacle yet. Matter of fact, you can even catch SBF on stage next week in NYC.…all of this and more inside 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
“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
Latest Video Release: Why Crypto Will Always Come Back (4mins)
https://www.youtube.com/watch?v=3Yl8Vwu4iNM
The EU Strategy for Cryptoassets – London
https://www.crowdfundinsider.com/crowdfunding-event/the-eu-strategy-for-cryptoassets-london/
Cryptomanran (CryptoBanter) comes by Coinweb booth at Token2049
https://youtu.be/RSZ3szjBHa0?t=779
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/
“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
'Bridging The Gap Between Speculation And Fundamental Value In Digital Assets' at the Vietnam Blockchain Summit 2022
https://t.co/fvordozLxZ
On the Radar
Crypto AM Summit and Awards, Nov 23-24 (London)
https://twitter.com/tobycoinweb/status/1595909263263662081?s=46&t=V-EQfqnAOG7fXAWZ3sMk1Q
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)
It’s OK to Meetup Bangkok 2022, Nov 27 (Bangkok)
https://www.eventpop.me/e/14033/cmth
Sub0 Polkadot Dev Conference, Nov 28-29 (Lisbon)
Decipher /22 by Algorand, Nov 28-30 (Dubai)
DCentral Miami 2022, Nov 28-29 (Miami)
NFT2022 Miami, Nov 29-30 (Miami)
Global Blockchain Expo, Dec 1-2 (London)
https://blockchain-expo.com/global/
The EU Strategy for Cryptoassets, Dec 5 (London)
https://ecorys.idloom.events/the-eu-strategy-for-cryptoassets/pages/programme
RadFi2022, Dec 8 (Virtual)
World Blockchain Summit, Dec 8-9 (Bangkok)
https://worldblockchainsummit.com/bangkok/
World Crypto Conference, Jan 13-15 (Zurich)
https://worldcryptoconference.org/
On the Block(chain)
SBF confirms he will be speaking at the NYT Dealbook Summit on 30 Nov https://twitter.com/sbf_ftx/status/1595512579417378837?s=46&t=AjyDBBNZGfqdHNwg6IXqXQ
https://www.nytimes.com/events/dealbook-summit#speakers
ConsenSys updates policy to collect IP addresses from MetaMask
https://cryptoslate.com/consensys-updates-policy-to-collect-metamask-ip-data/
Quant Analyst PlanB Says Bitcoin (BTC) on Track To Explode by Over 500% – Here’s the Timeline
https://dailyhodl.com/2022/11/24/quant-analyst-planb-says-bitcoin-btc-on-track-to-explode-by-over-500-heres-the-timeline/
Popular Analyst Warns Steep Correction in Sight for Solana, Says SOL Has Ways To Go – Here’s His Target
https://dailyhodl.com/2022/11/23/popular-analyst-warns-steep-correction-in-sight-for-solana-says-sol-has-ways-to-go-heres-his-target/
Record quantities of Bitcoin leave exchanges in readiness for contagion fallout
https://cryptoslate.com/record-quantities-of-bitcoin-leave-exchanges-in-readiness-for-contagion-fallout/
BTC hash ribbon upcoming convergence signals miner capitulation
https://cryptoslate.com/hash-ribbon-upcoming-convergence-signals-miner-capitulation/
Latest mining rigs amp up difficulty to zone out competition
https://cryptoslate.com/latest-mining-rigs-amp-up-difficulty-to-zone-out-competition/
Hackers steal $42M from Fenbushi Capital founder’s wallet
https://cryptoslate.com/hackers-steal-42m-from-fenbushi-capital-founders-wallet/
Roughly 48% of Ethereum NFT trades in October were fake
https://cryptoslate.com/roughly-48-of-ethereum-nft-trades-in-october-were-fake/
Crypto Analysts Predict Massive Breakout for Litecoin (LTC) After Years of Accumulation
https://dailyhodl.com/2022/11/24/crypto-analysts-predict-massive-breakout-for-litecoin-ltc-after-years-of-accumulation/
Competitive Landscape
Core Scientific might not make it past November 2023 after revealing $1.7B in losses
https://cryptoslate.com/core-scientific-might-not-make-it-past-november-2023-after-revealing-1-7b-in-losses/
Bitfinex’s reserves are 91% Bitcoin, Ethereum
https://cryptoslate.com/bitfinexs-reserves-are-91-bitcoin-ethereum/
Ravencoin spikes 20% following Binance Pool announcement
https://cryptoslate.com/ravencoin-spikes-20-following-binance-pool-announcement/
Solana NFT marketplace Magic Eden expands multichain vision with Polygon integration
https://cryptoslate.com/solana-nft-marketplace-magic-eden-expands-multichain-vision-with-polygon-integration/
Research: Comparing the 2022 bear market to 2018
https://cryptoslate.com/research-comparing-the-2022-bear-market-to-2018/
Cardano projects Ardana and Orbis call it quits, community cries foul play
https://cryptoslate.com/cardano-projects-ardana-and-orbis-call-it-quits-community-cries-foul-play/
World
British police will contact 70,000 people from TODAY to warn they are suspected victims of huge worldwide 'bank spoofing' scam that saw conmen steal at least £50m from accounts: Dozens arrested in UK's biggest-ever fraud probe
https://www.dailymail.co.uk/news/article-11463809/Scammers-steal-50m-UK-victims-posing-staff-bank-calling-business.html?ito=push-notification&ci=fM1HyDKCas&cri=X5TrnZIuRL&si=ChnZ5IR_tVX1&xi=da1630d5-9c1c-4cd3-bc03-6fac4ea2ef13&ai=11463809
More than 70,000 lecturers at 153 universities across UK begin three-day strikes TODAY in bitter pay dispute - canceling classes for 2.5m students
https://www.dailymail.co.uk/news/article-11464771/More-70-000-lecturers-150-universities-UK-begin-three-day-strikes-TODAY.html?ito=push-notification&ci=PQZroq63sY&cri=R20TBOnJtZ&si=ChnZ5IR_tVX1&xi=da1630d5-9c1c-4cd3-bc03-6fac4ea2ef13&ai=11464771
US Senators want justice department to hold FTX execs accountable for collapse
https://cryptoslate.com/us-senators-want-justice-department-to-hold-ftx-execs-accountable-for-collapse/
BitGo to take custody of FTX assets in bankruptcy procedure
https://cryptoslate.com/bitgo-to-take-custody-of-ftx-assets-in-bankruptcy-procedure/
China Covid Cases Jump to Record High, Topping Shanghai Outbreak
https://www.bloomberg.com/news/articles/2022-11-24/china-s-covid-cases-jump-to-a-record-as-outbreaks-persist?utm_source=instagram&utm_medium=social&utm_campaign=instagram-story&utm_content=business&fbclid=PAAaaTIaRXwvjU2q3r8KKIaFvzXvtuj2fTNGcUuZAFC4cE3PZc_a4WeJI69Zg#xj4y7vzkg
Russian lawmakers looking to establish state-backed crypto exchange
https://cryptoslate.com/russian-lawmakers-looking--national-crypto-exchange/
Criminals profit over 5000% following reawakening of 10,000 Bitcoin
https://cryptoslate.com/criminals-profit-over-5000-following-reawakening-of-10000-bitcoin/
Thought Leadership
Why you should keep an eye on Asian markets for web3 scaling & adoption w/Sora Ventures – SlateCast #36 (30mins)
https://cryptoslate.com/videos/why-you-should-keep-an-eye-on-asian-markets-for-web3-scaling-adoption-w-sora-ventures-slatecast-36/
Could ‘Win to Earn’ be the foundation of web3 esports adoption? w/Axie.gg – SlateCast #37 (22mins)
https://cryptoslate.com/videos/can-web3-gaming-expand-into-esports-focused-win-to-earn-w-axie-gg-slatecast-37/
Elon Musk, Semafor allegations dig ‘conflict of interest’ rabbit hole
https://cryptoslate.com/elon-musk-semafor-allegations-dig-conflict-of-interest-rabbit-hole/
US Congressman defends decentralization, blames SBF, Gensler, CeFi for FTX collapse
https://cryptoslate.com/us-congressman-defends-decentralization-blames-sbf-gensler-cefi-for-ftx-collapse/
Does the FTX collapse really have a silver lining?
https://cryptoslate.com/does-the-ftx-collapse-really-have-a-silver-lining/
https://preview.redd.it/h33r4o59e12a1.png?width=609&format=png&auto=webp&s=744fc6078ff98aef057a4d80342eff489b590905