Thursday, 29th December 2022

The Daily Spin. Then 2023 Thursday Edition. It’s that time of the year, when everybody gets out their crystal ball and makes predictions about what’s going to happen next year. I don’t blame them, all I can say is that no one could have predicted what happened this year…

The bear market is “worse than 2014, but better than 2018…” and meanwhile, the little guys have accumulated over 60k BTC in just the last month! Generational opportunities. Never before has any industry provided the opportunity for the little guys to stick it to the man, ever. But to say it doesn’t go with volatility is an understatement… Kraken closes its doors to Japan in a few days, Midas closes doors permanently. Solana details how they will fix their issues and plans for the future. Offchain labs acquires Prysmatic, Redefined and Onramper partner up, Open Ocean introduces Zebec protocol.

And two of our favorite people are seriously ill: the former Pope, and our hero the real Shiba Inu… may god bless them both.

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…

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Ongoings at Coinweb

Latest Video Release: Liquidity Pools Explained (Part I) (4mins)
https://youtu.be/Z5byW7OOMP8

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/

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/

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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)

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On the Block(chain)

Bitcoin shrimps have accumulated 60K BTC in the last 30 days
https://cryptoslate.com/bitcoin-shrimps-have-accumulated-60k-btc-in-the-last-30-days/

Kraken to shutter operations in Japan by end of January 2023
https://cryptoslate.com/kraken-to-shutter-operations-in-japan-by-end-of-january-2023/

Midas reveals $60M deficit, announces closure of operations
https://cryptoslate.com/midas-reveals-60m-deficit-announces-closure-of-operations/

How Solana is fixing outages, and the challenges it will tackle in 2023
https://cryptoslate.com/how-solana-is-fixing-outages-and-the-challenges-it-will-tackle-in-2023/

BTC bear market is worse than in 2014 but better than in 2018
https://cryptoslate.com/btc-bear-market-is-worse-than-in-2014-but-better-than-in-2018/

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Competitive Landscape

The Merge 2.0: Offchain Labs acquires Prysmatic Labs, the leading Ethereum Consensus Client team
https://offchain.medium.com/the-merge-2-0-offchain-labs-acquires-prysmatic-labs-the-leading-ethereum-consensus-client-team-9eab169c5fb6

Partnership announcement: redefined & Onramper
https://medium.com/@redefined_org/partnership-announcement-redefined-onramper-9dcd803676be

Introducing Zebec Protocol to OpenOcean
https://openoceanfinance.medium.com/introducing-zebec-protocol-to-openocean-8f5632a38f99

Pessimistic Donkey College, The First College Themed NFT Project Prepares for Launch
https://cryptoslate.com/press-releases/pessimistic-donkey-college-the-first-college-themed-nft-project-prepares-for-launch/

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World

Former Pope Benedict is ‘very sick’, Pope Francis says
https://edition.cnn.com/2022/12/28/europe/pope-benedict-sick-pope-francis-intl/index.html

Shiba inu who inspired ‘doge’ meme is seriously ill with leukemia
https://edition.cnn.com/2022/12/28/asia/shiba-inu-doge-meme-seriously-ill-leukaemia-intl-hnk/index.html

Covid in China: US imposes Covid testing for visitors from China
https://www.bbc.co.uk/news/world-asia-china-64111492

The Crypto Ads That Made Waves in 2022
https://decrypt.co/115567/crypto-ads-made-waves-2022

North Korea-Linked Lazarus Group Poses as VC Firms to Spread Malware
https://decrypt.co/118031/north-korea-linked-lazarus-group-poses-as-vc-firms-to-spread-malware

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Thought Leadership

The 11 Pillars of Cryptocurrency Markets
https://cryptomaton.medium.com/11-things-you-should-know-about-crypto-markets-480e6a51bbe6

50 million partners
https://uxdesign.cc/50-million-partners-8082dc0b0b54

5 Lessons Learned from our Twitter Space: “The Future of De-Fi in Providing Services to the Off-chain Economy”
https://medium.com/quantum-economics/5-lessons-learned-from-our-twitter-space-the-future-of-de-fi-in-providing-services-to-the-9912e9e29f76

Is traditional sharding necessary for a highly scalable L1 blockchain?
https://medium.com/cyber-capital/is-traditional-sharding-necessary-for-a-highly-scalable-l1-blockchain-6814cab4144e

Why is Polygon’s new zkEVM so amazing?
https://medium.com/coinmonks/why-is-polygons-new-zkevm-so-amazing-7e189841da4e

Scalable Graph Transformers for Million Nodes
https://towardsdatascience.com/scalable-graph-transformers-for-million-nodes-2f0014ceb9d4

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https://preview.redd.it/bwnqohuwor8a1.png?width=663&format=png&auto=webp&s=fdd97aa6c425af294dc39aa005ed3d2b95187c93

No-body thought this was going to happen before the new year.

https://i.redd.it/wwfnkz30uq8a1.png

Big news all over social media today, this is amazing.

https://i.redd.it/1uw86veliq8a1.png

Nobody thought something like would ever happen

https://i.redd.it/zqa5ajgy8q8a1.png

I'm Sick Of Privatization: Why Bitcoin Pizza Day Matters

bitcoin pizza day 2022

On October 10th, 2014, an anonymous individual took to the internet to order a pizza with 10,000 bitcoins. The transaction was completed within minutes and cost just over $10,000 at the time. Today, that same pizza would be worth over $1 million. And this is just one example of how Bitcoin has quickly become a popular currency for online transactions. What is Bitcoin? Simply put, it’s a digital currency that uses cryptography to secure its transactions and to control the creation of new units. This technology makes it difficult for anyone to counterfeit or manipulate the currency. So what does this have to do with privatization? Everything! When governments start to privatize essential services such as healthcare and education, they inevitably introduce price hikes and decreased quality. This is why we’re seeing so much anger towards privatization in recent years. On October 10th, 2014, people all around the world are coming together to fight back against privatization by using Bitcoin Pizza Day as a rallying cry. By using this day to showcase the benefits of decentralized currencies such as Bitcoin, we can help spread awareness and bring about change.

What is Bitcoin Pizza Day?

On May 22nd, 2017, Bitcoin Pizza Day was created to promote the digital currency and decentralized technology. The event encourages people to make a pizza with bitcoin as the topping. Participants can also donate bitcoin to charity.

Bitcoin Pizza Day is an annual celebration that was started in 2013 by Adam Back, a developer of the cryptocurrency. The goal of the event is to promote awareness of bitcoin and its benefits. For example, one of the benefits of bitcoin is that it is a secure form of payment that does not need approval from a third party like banks or governments.

Since its inception, Bitcoin Pizza Day has raised over $600,000 for various charities around the world including BitGive Foundation and the Water Aid Foundation. This year, there are plans to donate the proceeds from sales at participating restaurants to Feeding America and SaveTheChildren.org.

Why Is Bitcoin Pizza Day Important?

Bitcoin Pizza Day is important because it represents the growing trend of people rejecting privatization. For example, in March 2014, 500 pizzas were ordered with the intention of donating them to the homeless. The goal was to raise awareness about homelessness and show that there are people out there who are fighting for change.

Similarly, in December 2013, 600 pizzas were ordered using the same idea. This time, the goal was to raise money for charity by selling pizza for bitcoin. Once again, this was an attempt to show that people care about their community and will fight against privatization.

These are just two examples of how Bitcoin Pizza Day is important because it shows that there are people who are not afraid to stand up against privatization. It also shows that there is a growing movement of people who refuse to be ignored and want change in their communities.

The Effect of Bitcoin Pizza Day on the Economy

Bitcoin Pizza Day, which took place on February 10th, 2017, is an event that celebrates the decentralized nature of bitcoin and the fact that it can be used to purchase goods and services. The event saw a significant increase in the price of bitcoin, with some transactions reaching as high as $1,000. This shows just how important the cryptocurrency is becoming and highlights the potential that it has to impact the economy.

While there is no clear evidence yet that Bitcoin Pizza Day had any real impact on the economy as a whole, there are definitely some positive implications. Firstly, this shows that people are starting to take interest in digital currencies and see their potential. Secondly, it shows that there is a demand for goods and services using bitcoin - this could lead to more businesses adopting the cryptocurrency in the future. Finally, since bitcoin transactions are relatively anonymous, this could lead to increased spending by those who use it for illegal activities.

Conclusion

Bitcoin Pizza Day is more than just an event. It's a movement that aims to shift the focus of the global conversation about money and economic systems. It's time for us all to ask ourselves some tough questions: Why do we have to rely on centralized institutions to manage our money? What if there was a better, more democratic way? Bitcoin Pizza Day is our chance to start talking about these things – and hopefully make some progress towards finding the answers.