Infancy #Day137
Published in
5 min readFeb 15, 2023
Daily Reading List_2023_02_14
A featured crypto industry brief, with a focus on DeFi and MEV.
Weekly Hot Words
- Bitcoin, sec, NFT, staking, busd
Today’s Numbers
- Binance Stablecoin Outflows Top $1B as BUSD Supply Shrinks from Blockworks
- Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure from CoinDesk
- Charity tied to former FTX exec made $150M from insider trading: Report from Cointelegraph
- Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion from CoinDesk
- Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank from CoinDesk
- Digital Asset Provider Raises $65M in Series B Led by Credit Suisse from Cointelegraph
- Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode from Cointelegraph
- Crypto Startup Monad Labs Aims to Create Next ‘Ethereum Killer’ After Raising $19M from CoinDesk
- Cathie Wood’s Ark Invest bags nearly $16M Coinbase stocks in February from Cointelegraph
- Bain Capital Crypto Backs $4.5M Round for Blockchain Interoperability Startup Orb Labs from CoinDesk
- Bitcoin miners already made nearly $600K from Ordinals’ NFT transactions from Cointelegraph
- Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners from Cointelegraph
- Bitcoin price targets range from $19K to $25K as CPI day dawns from Cointelegraph
- Bitcoin price returns to $22K despite ‘least volatile’ US CPI reaction from Cointelegraph
- Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report from Cointelegraph
- Bitcoin Rebounds Above $22K After Tepid Inflation Readings from CoinDesk
- First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar from CoinDesk
- BNB Chain Aims to Double Transaction Speed, Targets ZK Tooling in 2023 Road Map from CoinDesk
- NFT marketplace tokens soar in 2023, and Blur’s recent airdrop may extend the trend from Cointelegraph
- Avalanche Blockchain Had 1,500% Transactional Growth in 2022: Nansen from CoinDesk
- Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish from Cointelegraph
- NFT Backers Paid up to $200 in Gas Fees in Delayed Blur Airdrop from Blockworks
- Cointelegraph’s Top 100 reaches halfway point, with profiles 51–60 revealed from Cointelegraph
- OFAC-compliant blocks on Ethereum hit three-month low of 47% from Cointelegraph
- Stablecoin Lender Liquity’s LQTY Token Surges 45% as New York Regulator Goes After Paxos’ BUSD from CoinDesk
- Fewer Than Half of New Ethereum Blocks Over the Past 24 Hours Are OFAC Compliant from CoinDesk
- Magic Eden Lays Off 22 Staff as Part of Companywide Restructuring from CoinDesk
- Magic Eden Cuts 15% of Staff, Takes ‘Hard Look’ at Restructuring from Blockworks
- Ken Griffin’s Citadel Securities Discloses 5.5% Stake in Crypto Bank Silvergate from CoinDesk
- 3 technical analysis strategies that help confirm winning trades from Cointelegraph
- Bitcoin Gold Correlation Hits 3-Month High from Blockworks
MEV Daily
(N.A.)
Risk Alerts
- AGI risk and Austrian subjectivism from Marginal Revolution
Hot Topics
- Coinkite’s New Bitcoin Hardware Wallet Looks Like BlackBerry, Takes AAA Batteries from CoinDesk
- Out of the Ordinal-ry: Bitcoin average block size hits all-time high from Cointelegraph
- First Mover Americas: Bitcoin Posts Slight Gains Ahead of US CPI Data from CoinDesk
- CME Group To Offer Retail Traders New Way To Bet on BTC Direction from Blockworks
- Bitcoin Dips After US Inflation Comes in Slightly Hot from CoinDesk
- Why Bitcoin Miners Need to Take Ethereum Seriously from CoinDesk
- Breaking: Circle squashes rumors of planned SEC enforcement action from Cointelegraph
- CFTC and SEC cases against SBF deferred until after criminal trial from Cointelegraph
- SEC to target crypto firms operating as ‘qualified custodians’ — Report from Cointelegraph
- SEC Case Against Bankman-Fried Postponed Pending Criminal Trial from CoinDesk
- SEC to Make It Harder for Hedge Funds to Work With Crypto Firms: Bloomberg from CoinDesk
- Paxos ‘categorically disagrees’ with the SEC that BUSD is a security from Cointelegraph
- Will The SEC Staking Hammer Hit Validators and Protocols Next? from Blockworks
- Expect the SEC to use its Kraken playbook against staking protocols from Cointelegraph
- US lawmakers and experts debate SEC’s role in crypto regulation from Cointelegraph
- Former SEC Chief Counsel Says Agency Needs to Make Clear Its Crypto Compliance Rules from CoinDesk
- Blockchain Association files amicus brief in Wahi case, says SEC exceeded authority from Cointelegraph
- Why the SEC wants to ban crypto staking and stablecoins under scrutiny — Watch The Market Report live from Cointelegraph
- NFT Marketplace Magic Eden Partners With MoonPay to Offer Credit Card Payments from CoinDesk
- What is NFT ticketing and how does it work? from Cointelegraph
- NFT Marketplace Blur Releases Native Token for Community Ownership from CoinDesk
- Rival Stablecoin Warned NY Financial Watchdog About BUSD from Blockworks
- Investors Rush to Tether as Paxos’ BUSD Faces Regulatory Heat, Curve Liquidity Pools Show from CoinDesk
- Stablecoins not the target in BUSD crackdown: Matrixport head of research from Cointelegraph
- Binance withdrawals and BUSD redemptions surge post Paxos crackdown from Cointelegraph
- Binance CEO Distances Himself From BUSD Stablecoin as Regulators Act from CoinDesk
Industry Tracer
- ⚡Bitcoin Crosses Above $22,000 from Trustnodes
- ⚡Crypto Fund Raises $40 Million from Trustnodes
- ⚡Bitcoin Volatile as Inflation Falls Slightly from Trustnodes
Deep Dive
- 📌Coin Metrics’ State of the Network: Issue 194 from Coin Metrics’ State of the Network
- Helix2 Name & Link Service from Ethereum Research — Latest topics
- An Update on zkEVM Progress and Development from Messari Crypto News Feed
- Unveiling OlaVM Proof of Concept: The Next-Generation Full-Featured zkVM from Ethereum Research — Latest topics
Podcast
- In Senate Hearing on FTX Crash, New Crypto Legislation Faces Deadlock from Unchained Podcast
- Aave Proposes Freezing BUSD on DeFi Platform from Unchained Podcast
- Bitcoin Network Activity Surges After Ordinals from Unchained Podcast
- SEC, CFTC Lawsuits Against SBF Put On Hold: Report from Unchained Podcast
- Circle Told NYDFS That Paxos-Issued BUSD Wasn’t Fully Backed from Unchained Podcast
- How This Prosecutor Is Spearheading the Fight Against Crypto ‘Pig Butchering’ Scams — Ep. 455 from Unchained Podcast
Project Tracer
- Trading DeFi Narratives with Carbon Range Orders from CarbonDefi
- The Schedar Release — Fee Burn from Synthetix Blog
- Missing Parts is coming back to The Sandbox for a brand new Valentine’s Day celebration in the… from The Sandbox — Medium
- Bacon from Stories by Ava Labs on Medium
- The Sandbox Voxel Madness LAND Sale from The Sandbox — Medium
KOL’s Opinion
(N.A.)
Other Topics
- Polygon’s zkEVM Beta Is Going Live on Ethereum Mainnet Next Month from Blockworks
- Stablecoins Are Not New. So Why Are Regulators Attacking Paxos? from CoinDesk
- Binance CEO: crypto industry will probably move to non-dollar stablecoins from Cointelegraph
- Binance Hires Former Gemini-Exec as Chief Compliance Officer: Bloomberg from CoinDesk
- Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading from CoinDesk
- Crypto Traders’ Focus on Curve USD Stablecoin Drives Curve Token Price Higher from CoinDesk
- Dollar Stablecoins Are Great for Users and the US Government from CoinDesk
- Senate Hearing: “Overreach Could Set Us Back By a Decade” from Blockworks
- US Judge Approves Removal of FTX Turkish Units From Bankruptcy Case from CoinDesk
- Siemens issues €60M digital bond on a public blockchain from Cointelegraph
- Siemens Issues Blockchain Based Euro-Denominated Bond on Polygon Blockchain from CoinDesk
- Blockchain Association Files Amicus Brief in Coinbase Insider Trading Case from CoinDesk
- Bitpanda Moving Into DeFi With Its Latest Multichain Token System from Blockworks
- Pantos, a Multichain Token System Backed by Crypto Exchange Bitpanda, Starts Beta Version from CoinDesk
- Crypto Exchange Coinmetro Buys Social Fundraising Platform Ignium from CoinDesk