Infancy #Day133
Published in
4 min readFeb 11, 2023
Daily Reading List_2023_02_10
A featured crypto industry brief, with a focus on DeFi and MEV.
Weekly Hot Words
- Bitcoin, sec, staking, NFT, Ethereum
Today’s Numbers
- Stablecoins Are Big Business: Tether Profits $700M in 3 Months from Blockworks
- PayPal held $604M in Bitcoin and other crypto at the end of 2022 from Cointelegraph
- PayPal Held $604M of Customers’ Crypto as of Year-End 2022 from CoinDesk
- Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs from Cointelegraph
- Long Traders Bear Brunt as Bitcoin, Ether Slide Spurs $220M in Liquidations from CoinDesk
- Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers from CoinDesk
- Crypto Exchange C3 Raises $6M to Offer FTX Alternative from CoinDesk
- Web3 Gaming Platform Ajuna Raises $5M in New Private Financing from CoinDesk
- FTX liquidators report exchange held $2.4M ‘fleet of vehicles’ in the Bahamas from Cointelegraph
- First Mover Asia: Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Lingers Below $21.9K from CoinDesk
- Bitcoin Miner BitNile Pulls 6,500 Rigs From Former Compute North Site from CoinDesk
- Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish from Cointelegraph
- Next batch of Cointelegraph’s Top 100 ranking for 2023 is here from Cointelegraph
- 28 Hours in the Sewer: Yuga Labs’ Dookey Dash Game Kept Players Running from CoinDesk
- Microsoft Culls Metaverse Team It Created 4 Months Ago from Blockworks
- Bitcoin price faces key moving average showdown 3 weeks after breakout from Cointelegraph
MEV Daily
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Risk Alerts
- Terra May Be at Risk Again — But This Time Is Different from decrypt
- Stablecoins Are Not Worth the Risk from CoinDesk
- Ethereum price risks 20% correction amid SEC’s crackdown on crypto staking from Cointelegraph
Hot Topics
- BTC miner CleanSpark on the hunt for further crypto miner fire sales from Cointelegraph
- Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more from Cointelegraph
- Mississippi Bill Legalizes Bitcoin Mining in Residential and Industrial Areas from Blockworks
- An Ode to LocalBitcoins (and a Lesson About Maintaining Bitcoin’s Public Goods) from CoinDesk
- Bitcoin and Ether Sink As Kraken Settles With SEC from Blockworks
- Bitcoin price more correlated to FTX developments than macro events: Research from Cointelegraph
- Ethereum price risks 20% correction amid SEC’s crackdown on crypto staking from Cointelegraph
- ‘Kraken Down’ — SEC commissioner rebukes own agency over recent action from Cointelegraph
- Coinbase Diversified Revenue With Staking — Now Comes The SEC from Blockworks
- First Mover Americas: Kraken’s SEC Settlement Sends Crypto Markets Tumbling from CoinDesk
- Ether Liquid Staking Platforms Will Benefit as SEC Actions Likely Fail to Deal DeFi’s Knockout Blow from CoinDesk
- SEC Chief Gensler Warns Crypto Firms to Comply With Rules After Kraken Shutters US Staking Program from CoinDesk
- Republican Congressmen Call Out SEC’s Gensler in FTX Records Request from Blockworks
- Coinbase’s Staking Service Faces Questions After Kraken’s SEC Settlement from CoinDesk
- US lawmakers question SEC chair on timing of Sam Bankman-Fried’s arrest from Cointelegraph
- SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool from Cointelegraph
- Former SEC Attorney: Kraken Action Not a Condemnation of ‘Staking Writ Large’ from CoinDesk
- What Does Kraken’s SEC Settlement Mean for Crypto Staking? from CoinDesk
- SEC Did Not Consult Industry Before Kraken Crypto Staking Charges: Commissioner Peirce from CoinDesk
- SEC chair issues warning to crypto firms after action on Kraken staking from Cointelegraph
- Community urges Coinbase to relist XRP as CEO fights for staking from Cointelegraph
- Kraken staking ban is another nail in crypto’s coffin — and that’s a good thing from Cointelegraph
- Popular Rihanna Song Offered as NFT With Royalty Sharing Ahead of Super Bowl from CoinDesk
- Rihanna NFTs Enable Holders To Earn When This Song Plays from Blockworks
- Ethereum Sets February Date for Sepolia Testnet to Get Shanghai Hard Fork from CoinDesk
Industry Tracer
- ⚡Congress, the Answer to SEC? from Trustnodes
- ⚡Coinbase to Fight SEC in Court Over Staking from Trustnodes
Deep Dive
- State of ENS Q4 2022 from Messari Crypto News Feed
- Has the Next Bull Cycle Begun for Bitcoin and Ethereum? from Messari Crypto News Feed
- InfinityPools: New Leverage Mechanics from Messari Crypto News Feed
Podcast
- Kraken Settles With SEC, Shuts Down Crypto Staking Service from Unchained Podcast
- ROLLUP: Operation Choke Point | SEC Crypto Staking Crackdown | Genesis Earn Repayment | a16z Uniswap from Bankless
- Weekly Roundup 03/10/23 (Choke Point 2.0, staking in the crosshairs, ordinals take off) (EP.396) from On The Brink with Castle Island
- Chris Blec on Why He Believes a16z’s Uniswap Vote Exposes DeFi as a Farce — Ep. 454 from Unchained Podcast
Project Tracer
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KOL’s Opinion
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Other Topics
- Crypto Biz: FTX clawbacks, Genesis silver lining? from Cointelegraph
- Regulating Crypto by Enforcement and Stealth Will Set the US Back from CoinDesk
- Federal Reserve Governor Reinforces US Regulators’ Preference for Keeping Crypto Apart From Banks from CoinDesk
- Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun? from CoinDesk
- ‘Agent of an anti-crypto agenda’ — Community slams Gensler over Kraken crackdown from Cointelegraph
- 3AC’s new exchange triggers backlash from the crypto community — ‘No, thank you’ from Cointelegraph
- Bitzlato Co-Founder Released After Arrest in Moscow, Pledges Relaunch of Seized Exchange from CoinDesk
- Web3 community unites for Turkish–Syrian earthquake victims: Finance Redefined from Cointelegraph
- Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems from Cointelegraph
- Polygon Exploring Use of ZK Technology for Main Chain, Co-Founder Bjelic Says from CoinDesk
- Uniswap Coming to BNB Chain? Governance Says Yes from Blockworks
- Co-founders of StoryCo discuss how blockchain technology can evolve the way IP is franchised from Cointelegraph
- China Targets Blockchain Breakthroughs With Beijing Research Center: Report from CoinDesk
- China to launch national blockchain research center from Cointelegraph
