The Daily Spin. Bankman-Fried Holiday Edition. Well, looks like someone has gotten away with being naughty and will actually be spending Christmas with his parents at home in Palo Alto! No drugs and no orgies, though sorry. Ellison and Wang both rat on SBF, pleading guilty for the litany of charges filed against them. And to tie it all up with a pretty bow, Gary Gensler remains at large as he silences anyone who would dare to speak out against him. One thing’s for sure, and that is Santa’s power as truly mystical, even if you can’t swim during your rehab because the ankle bracelet might short :D As markets see red across the board, this special edition is packed with a bigger-than-usual Thought Leadership section; so we can all go back to our families and have some nice things to say about crypto despite its most tumultuous year ever – that many non-natives won’t understand in the slightest – that might even cause a few fights to break out. But then again, what is Christmas without a few shouting matches, walking-outs and silent treatments?
Our first item of note is the official launch of KuCoin Labs accelerator program, which has acquired the talents of our own Toby Gilbert as a mentor for! Do you have a project that needs some funding and the light of day to shine on? KuCoin is currently accepting applications, and I know I’ll be in that pile of projects… because I want to build on Coinweb and what better way to start. It’s gonna be a fantastic festive season! In other news: BNB surpasses ETH with the most number of unique wallet addresses, making them the new #1 largest blockchain in the hood. All this meanwhile, as the screws tighten on CZ, DCG, Gemini, and a bunch of other gargantuan names in the cryptosphere. Wintermute joins the list of enormous white elephants in the room, as their plays on UST and FTX boost them up the rankings. XRP whales are aggressively accumulating into the new year, minding us to pay attention to the status of their lawsuit against the SEC. Governments are swiftly (pun intended) pivoting into the CBDC narrative, with the OpenCBDC project by MIT and the Boston FED yields a value-worthy 1.84M TPS codebase, with India’s central bank immediately calling for a ban on crypto but endorsement of CBDCs. The ECB publishes a new digital Euro report, aiming for roll-out in Q3 2023. Enough with the industry insider stuff, let’s not alienate everyone who doesn’t have screenshots of unlabelled 12-word sequences in their camera roll. Don’t forget to check out Point-E from OpenAI (creators of ChatGPT), ChicoCrypto on the DeepState control over Bitcoin (and expose’ on some very high profile individuals), and Chainalysis’ key moments for crypto in 2022 …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… Happy Holidays!
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)
SBF granted highest ever pre-trial bail of $250M, released to parents’ home in Palo Alto
https://cryptoslate.com/sbf-granted-250m-bail-released-to-parents-home-in-palo-alto/
Alameda CEO Caroline Ellison takes plea deal, faces no criminal charges
https://cryptoslate.com/alameda-ceo-caroline-ellison-pleads-guilty-faces-no-criminal-charges/
Research: US leads weak Bitcoin and Ethereum accumulation into festive period
https://cryptoslate.com/us-leads-weak-bitcoin-and-ethereum-accumulation-into-festive-period/
Twitter integrates Bitcoin, Ethereum price charts into feeds
https://cryptoslate.com/twitter-integrates-bitcoin-ethereum-price-charts/
Tornado Cash developer seeks $240K salary to resurrect protocol
https://cryptoslate.com/tornado-cash-developer-seeks-240k-salary-to-resurrect-protocol/
North Korean hackers reportedly stole $1.2B in crypto since 2017
https://cryptoslate.com/north-korean-hackers-reportedly-stole-1-2b-in-crypto-since-2017/
XRP Whales Are Rapidly Accumulating As 2022 Comes to a Close, Says Crypto Analytics Firm Santiment
https://dailyhodl.com/2022/12/22/xrp-whales-are-rapidly-accumulating-as-2022-comes-to-a-close-says-crypto-analytics-firm-santiment/
Competitive Landscape
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
BNB Chain unique wallets surpass Ethereum, becomes largest L1 blockchain
https://cryptoslate.com/bnb-chain-unique-wallets-surpass-ethereum-becomes-largest-l1-blockchain/
GMX ranks as best performing crypto during devastating bear market
https://cryptoslate.com/gmx-ranks-as-best-performing-crypto-during-devastating-bear-market/
Wintermute: The new crypto behemoth rising from the ashes of FTX and Alameda
https://cryptoslate.com/wintermute-the-new-crypto-behemoth-rising-from-the-ashes-of-ftx-and-alameda/
World
OpenCBDC to process 1.84M transactions per second as Boston Fed, MIT collab is complete
https://cryptoslate.com/opencbdc-to-process-1-84m-transactions-per-second-as-boston-fed-mit-collab-is-complete/
Marshall Islands passes law recognizing DAOs as legal entities
https://cryptoslate.com/marshall-islands-passes-law-recognizing-daos-as-legal-entities/
Indian central bank governor calls for crypto ban, champions CBDCs
https://cryptoslate.com/indian-central-bank-governor-calls-for-crypto-ban-champions-cbdcs/
Silvergate denies nepotism before U.S. senators
https://cryptoslate.com/silvergate-denies-nepotism-before-u-s-senators/
ECB publishes new digital euro report, rollout decision in fall 2023
https://cryptoslate.com/ecb-publishes-new-digital-euro-report-rollout-decision-in-fall-2023/
US Senator Toomey unveils permissive stablecoin bill prior to retirement
https://cryptoslate.com/us-senator-toomey-unveils-permissive-stablecoin-bill-prior-to-retirement/
SEC filing declares FTT a security in FTX case development
https://cryptoslate.com/sec-filing-declares-ftt-a-security-in-ftx-case-development/
Thought Leadership
Jump Crypto releases research on Proof of Solvency vulnerabilities
https://cryptoslate.com/jump-crypto-releases-research-on-proof-of-solvency-vulnerabilities/
Tron’s Justin Sun Says China Sees Hong Kong As Crypto Policy Trial
https://www.bloomberg.com/news/articles/2022-12-21/tron-s-justin-sun-says-china-sees-hong-kong-as-crypto-policy-trial?leadSource=uverify%20wall
Biden Administration’s 2023 Tax Policy Includes Many Key Changes For Crypto Traders And Investors
https://www.forbes.com/sites/shehanchandrasekera/2022/04/01/biden-administrations-2023-tax-policy-includes-many-key-changes-for-crypto-traders-and-investors/?utm_medium=browser_notifications&utm_source=pushly&utm_campaign=2559523&sh=3a25e6cd327b
Point-E is the newest OpenAI tool. Here's what it does.
https://sea.mashable.com/tech/22117/point-e-is-the-newest-openai-tool-heres-what-it-does
DEEP STATE Crypto Cartel Wants to Destroy BITCOIN!! Digital Currency Group EXPOSED!! (10mins)
https://www.youtube.com/watch?v=P2Kr7O-_SJ8
Machankura’s Bitcoin Wallet Targets Africans With Old-School Phones and No Internet
https://www.coindesk.com/tech/2022/12/20/machankuras-bitcoin-wallet-targets-africans-with-old
-school-phones-and-no-internet/
Institutional Investment Creates Need for Enterprise-grade Self-custody Solutions
https://blog.chainalysis.com/reports/personal-wallets-institutional-crypto-adoption-self-custody-defi/
Key Crypto Moments from 2022
https://blog.chainalysis.com/reports/key-crypto-moments-from-2022/
https://preview.redd.it/ffk29qu8bm7a1.png?width=822&format=png&auto=webp&s=ecc08a679e20a1bddd52cb4267c2adbbde0eac5e
