Infancy #Day132
Published in
5 min readFeb 10, 2023
Daily Reading List_2023_02_09
A featured crypto industry brief, with a focus on DeFi and MEV.
Weekly Hot Words
- Bitcoin, NFT, Ethereum, ftx, us
Today’s Numbers
- Rocket Pool’s Ethereum staking service reaches $1B in TVL from Cointelegraph
- Stablecoin Issuer Tether Reports $700M Profit, Complete Exit From Commercial Paper from CoinDesk
- Robinhood board gives nod to buy Sam Bankman-Fried’s $578M stake from Cointelegraph
- China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express from Cointelegraph
- Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL from CoinDesk
- Tron Blockchain Commits $100M in Grants to AI-Focused Projects from CoinDesk
- Crypto lender Salt makes comeback with $64.4 million funding from Cointelegraph
- Kraken reaches $30M settlement with SEC over staking as IRS seeks user information from Cointelegraph
- Crypto Protection Firm Coincover Raises $30M from CoinDesk
- Kraken to Shut US Crypto-Staking Service, Pay $30M Fine in SEC Settlement from CoinDesk
- Coincover secures $30M in funding to strengthen digital asset security from Cointelegraph
- Bitfarms settles outstanding loan with BlockFi for $7.75M from Cointelegraph
- FanDuel Co-Founders Raise $4M for Digital Music Collectible Startup Vault from CoinDesk
- As Bitcoin nears $25K, questions about rally’s sustainability remain from Cointelegraph
- First Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear from CoinDesk
- Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip from Cointelegraph
- Bitcoin Drops Below $22K as Kraken Agreement to Close Crypto Staking Operations Spooks Investors from CoinDesk
- Cointelegraph Top 100 of 2023: Heroes and villains from 81–90 out now from Cointelegraph
- Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC from Cointelegraph
- Analysts Warn Investors to Taper Expectations for 2023 Returns from Blockworks
- Ethereum NFT collections lost nearly 60% of their market cap in 2022: Report from Cointelegraph
- Payments provider Affirm to sunset crypto program after 19% staff cut from Cointelegraph
- LocalBitcoins To Shut Down After 10 Years from Blockworks
- Hut 8 merger would’ve happened even without FTX or crypto turmoil, says CEO from Cointelegraph
MEV Daily
6/ It turns out that one wouldn’t have to hedge for too long.
Right at the top of next block, MEV bots 0xA69 and 0xa57 backrun all the pools moved by 1inch. The first tx alone, a $7M Uni v3 backrun, earns 0xA69 about $35K, roughly half of which is… https://t.co/cNJWH8vdnZ
Risk Alerts
- Blockchain Privacy Is at Risk in the EU from CoinDesk
- Richard Hanania on AGI risk from Marginal Revolution
Hot Topics
- Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market from CoinDesk
- Bitcoin Miner Argo Blockchain’s CEO Resigns from CoinDesk
- Bitcoin Punks: Ordinal NFT Collection Soars in Value from CoinDesk
- Bitcoin Miners Surface for Air as Sliding Natural Gas Price Provides Cost Relief from CoinDesk
- Bitcoin Exchange LocalBitcoins to Close, Citing Market Conditions from CoinDesk
- Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms’ Debt from CoinDesk
- Marc Andreessen: Ethereum and Web3 Lead Bitcoin on Tech Innovation from Blockworks
- Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs, CryptoQuant Says from CoinDesk
- (These) NFTs Are Not Art: Judge Sides With Fashion Giant Hermès in MetaBirkins Case from Blockworks
- Crypto Payments Firm MoonPay and NFT Marketplace LooksRare Ink Partnership from CoinDesk
- Ethereum co-founder Joe Lubin says no chance ETH is classed as security from Cointelegraph
- Aave’s New Stablecoin Is GHO for Launch on Ethereum Testnet from Blockworks
- Aave Deploys Native Stablecoin GHO on Ethereum Testnet from CoinDesk
- How to Avoid the Death of DeFi in the Wake of FTX from CoinDesk
- Celsius’ Proposed Extension for Restructuring Opposed by Creditors, US Government from CoinDesk
- Crypto and securities: New interpretation of US Howey test gaining ground from Cointelegraph
- Kraken Agreed to Shutter US Crypto-Staking Operations to Settle SEC Charges: Source from CoinDesk
- Russian Cybercrime Gang Trickbot Sanctioned by US, UK from CoinDesk
- US banking giant BNY Mellon exec says digital assets ‘here to stay’ from Cointelegraph
- Getting rid of crypto staking would be a ‘terrible path’ for the US — Coinbase CEO from Cointelegraph
Industry Tracer
- ⚡Kraken Stops Ethereum Staking, Fined $30 Million from Trustnodes
- ⚡Lido Jumps on Rumors SEC to Ban Ethereum Staking from Trustnodes
Deep Dive
- Going beyond SBTs & ERC721 for Verifiable Credentials from Ethereum Research — Latest topics
- Blockchain Lifecycle from VeradiVerdict
- State of Bitcoin Q4 2022 from Messari Crypto News Feed
- Bitcoin Ordinals and Artificial Intelligence from Messari Crypto News Feed
- State of Synthetix Q4 2022 from Messari Crypto News Feed
- DeFi Business Models: The Convergence from Messari Crypto News Feed
- Anomaly detection through Temporal Graph Neural Networks (thoughts?) from Ethereum Research — Latest topics
Podcast
- StarkWare Sessions #1 | The StarkNet Fathers Uri Kolodny & Eli Ben-Sasson from Bankless
- StarkWare Sessions #2 | Braavos & Smart Contract Wallets with Motty Lavie from Bankless
- StarkWare Sessions #3 | Account Abstraction & EIP 4337 with Yoav Weiss from Bankless
- StarkWare Sessions #4 | Briq and StarkNet Governance with Sylve Chevet from Bankless
- What’s going on with Canto? from Bankless
Project Tracer
- 1inch partners with Burrito Wallet from 1inch
- Backtesting Carbon’s Automated Trading Strategies from CarbonDefi
- OP Drop #2 from Optimism
- 22 New Synthetix Perps Markets are now live from Synthetix Blog
- Sending and Receiving USDC when Disaster Strikes from Circle Blog
- Meet your BOY in the ‘BOYS PLANET’ metaverse in The Sandbox! from The Sandbox — Medium
- INTRODUCING MORE WAYS TO PLAY AND EARN IN THE SANDBOX FEBRUARY FESTIVAL! from The Sandbox — Medium
- Supercharge Your Creativity With The Latest VoxEdit Update from The Sandbox — Medium
- Advancing Financial Inclusion and Humanitarian Relief from Circle Blog
KOL’s Opinion
(N.A.)
Other Topics
- 3AC and CoinFLEX launch website, waitlist for crypto claims exchange from Cointelegraph
- Three Arrows Capital Founders Launch Exchange Where You Can Trade 3AC Bankruptcy Claims from CoinDesk
- Crypto exchange Kraken faces probe over possible securities violations: Report from Cointelegraph
- LocalBitcoins closes down P2P crypto exchange service from Cointelegraph
- SEC Commissioner Blasts ‘Paternalistic and Lazy’ SEC from Blockworks
- Liquid Staking Tokens Rally as Kraken Shuts Staking Service to Settle With SEC from CoinDesk
- Kraken Settles With SEC Over Crypto Staking Program from Blockworks
- Crypto Would Survive an SEC Crackdown on Staking from CoinDesk
- Lido DAO Governance Token Surges on Coinbase CEO’s Comments About SEC Staking Ban from CoinDesk
- First Mover Americas: Coinbase CEO Brian Armstrong Suggests SEC Could Ban Staking from CoinDesk
- Ether Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking Providers from CoinDesk
- JPMorgan Says Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-of-Stake Blockchain Average from CoinDesk
- Matching Crypto Wallets to Twitter Accounts: Web3 Marketing Takes Off from Blockworks
- Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded from CoinDesk
- Argo CEO follows resignation trend after company acquisition by Galaxy Digital from Cointelegraph
- AI to feature prominently in the crypto user experience — Nansen CEO from Cointelegraph
- Binance Seeks Lobbyist as EU Finalizes Crypto Rules from CoinDesk
- Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time from CoinDesk
- DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin from CoinDesk
- DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol from CoinDesk
- Metaverse Crypto Sector Bounces Hard, Outperforms DeFi from Blockworks
