Infancy #Day138
Published in
6 min readFeb 16, 2023
Daily Reading List_2023_02_15
A featured crypto industry brief, with a focus on DeFi and MEV.
Weekly Hot Words
- Bitcoin, sec, NFT, staking, busd
Today’s Numbers
- FTX Transferred $7.7B From Bahamian Estate to US Units Ahead of Bankruptcy Filing, Court Told from CoinDesk
- Abu Dhabi to back the growth of Web3 startups with $2B from Cointelegraph
- Abu Dhabi Starts $2B Initiative to Back Web3 Startups from CoinDesk
- Tether’s USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins from CoinDesk
- NFT Marketplace Blur’s Token Reaches $500M Trading Volume After Airdrop from CoinDesk
- FTX Seeks to Reclaim $400M From a JPMorgan Account: New York Times from CoinDesk
- The SEC shook Kraken down for $30M, but it doesn’t mean they had a case from Cointelegraph
- Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH from Cointelegraph
- Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance from CoinDesk
- Blockchain Security Firm Ironblocks Raises $7M From Collider Ventures, Disruptive AI and Others from CoinDesk
- Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers from Cointelegraph
- Binance and Huobi Freeze $1.4M in Crypto Tied to Harmony Bridge Theft from CoinDesk
- Ether Staking Service Lido Granted 1M Optimism Tokens to Incentivize Wrapped Staked Ether Adoption from CoinDesk
- Bitcoin Soars Past $24K to Reach 2-Week High from CoinDesk
- Bitcoin price eyes $23K despite US dollar strength hitting 6-week high from Cointelegraph
- Bitcoin eyeing ‘next big move’ which could see $19K retest — analyst from Cointelegraph
- DBS Bank Reports 80% Growth in Bitcoin Traded in 2022 from Blockworks
- DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange from CoinDesk
- Bitcoin Hashrate Hits 300 EH/s Mark as Industry Gets Some Breathing Room from CoinDesk
- Kansas Looks to Cap Crypto Political Campaign Donations at $100 from CoinDesk
- Kansas state lawmakers look to cap crypto political donations at $100 from Cointelegraph
- Zipmex says it may resume 100% of Z wallet withdrawals subject to conditions from Cointelegraph
- Ethereum supply plunges 37% on crypto exchanges post the Merge upgrade from Cointelegraph
- EC launches blockchain regulatory sandbox for 20 projects annually through 2026 from Cointelegraph
- Celsius’s CEL Token May See 20 -Cent Value in Recovery Process, Attorney Says from CoinDesk
- First Mover Americas: Lido DAO’s Governance Token Jumps 17% from CoinDesk
- France’s top museum to display NFTs: Nifty Newsletter, Feb 8–14 from Cointelegraph
- 4 Reasons Why US Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill from CoinDesk
- 3 reasons why Binance’s BNB token risks sliding further by March from Cointelegraph
- BUSD Stablecoin Inches Toward $1 Peg After Binance CEO Comments from CoinDesk
MEV Daily
Multichain’s AnyswapV4Router contract was exploited for 87 $ETH in https://t.co/Vi3cZQV6Ya. The attacker uses MEV contract (0xd050) to front-run and calls AnySwapV4Router contract’s anySwapOutUnderlyingWithPermit function to sign and approve the transfer.
Risk Alerts
- Coinbase, Anchorage Say They’ll Be OK Under SEC Custody Proposal, But Risks May Lurk for Others from CoinDesk
- Idea to exploit: “AI and Crypto are on the same side of the future” from Kerman Kohli
- Binance and Huobi Freeze $1.4M Tied to Harmony Bridge Hack from Unchained Podcast
- 3 reasons why Binance’s BNB token risks sliding further by March from Cointelegraph
- Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers from Cointelegraph
Hot Topics
- The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good for Bitcoin from CoinDesk
- EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law from CoinDesk
- IMF wants El Salvador to reconsider Bitcoin exposure: Community reaction from Cointelegraph
- Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data from CoinDesk
- Bitcoin Miner Hive Delays Latest Financial Filings Till End of February from CoinDesk
- El Salvador Plans to Open ‘Bitcoin Embassy’ in Texas from CoinDesk
- Education is key to financial freedom, says Bitcoin advocate Najah Roberts from Cointelegraph
- First Mover Asia: Bitcoin Holds Steady on CPI Data. Are Investors Undecided? from CoinDesk
- Interactive Brokers Rolls Out BTC, ETH Trading to Professional Investors in Hong Kong from CoinDesk
- Paying the way for Bitcoin adoption in El Salvador: Video from Cointelegraph
- Crypto regulation decided by Congress, not the SEC: Blockchain Association from Cointelegraph
- Is the SEC Really the Bad Guy? from CoinDesk
- SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price from Cointelegraph
- ‘Wishing Jurisdiction Over Crypto Into Existence’: SEC Commissioner Opposes Agency Again from Blockworks
- SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms from CoinDesk
- Coinbase, Anchorage Say They’ll Be OK Under SEC Custody Proposal, But Risks May Lurk for Others from CoinDesk
- What are the applications of NFTs in supply chains? from Cointelegraph
- Gaming Company Square Enix Partners With Polygon for NFT Art Project from CoinDesk
- New Lamborghini NFT Collection Revs Up for Release on VeVe from CoinDesk
- South Korea to examine crypto staking services following the Kraken case from Cointelegraph
Industry Tracer
- 📌Bitcoin Optech Newsletter #238 from Bitcoin Optech
- ⚡Bitcoin Nears $23,000 from Trustnodes
- ⚡We’ve Seen This Before: Investors Take To The Next Shiny Toy — AI from Crypto Archives — Crunchbase News
Deep Dive
- Idea to exploit: “AI and Crypto are on the same side of the future” from Kerman Kohli
- Aggregators in Web2 vs Web3 from Messari Crypto News Feed
Podcast
- Episode 264: On-Chain Reputation & Identity Building with Sismo from ZK Podcast
- SBF Called Back Into Court Over VPN Access from Unchained Podcast
- Binance and Huobi Freeze $1.4M Tied to Harmony Bridge Hack from Unchained Podcast
- The SEC Declares War on Crypto with Ryan & David from Bankless
- The Chopping Block: The SEC Is Attacking Crypto — Will Gary Gensler Succeed? — Ep. 456 from Unchained Podcast
- Polygon zkEVM Mainnet Beta Gets Launch Date from Unchained Podcast
- Blur Airdrops 360M Tokens to NFT Traders from Unchained Podcast
Project Tracer
- How to win a Hackathon by CC Mark from Synthetix Blog
- Estimating the Cost of Price Manipulation from Gauntlet — Medium
- Pancake from Stories by Ava Labs on Medium
KOL’s Opinion
(N.A.)
Other Topics
- State of Crypto: Interpreting the Paxos-Binance Tea Leaves from CoinDesk
- Former Paxos Exec: Regulators Failed to Address Crypto Collapses, Now They’re Going After ‘On-Ramps’ from CoinDesk
- US Prosecutors Ask Judge to ‘Prohibit’ Bankman-Fried From Using Phones, Internet from CoinDesk
- US lawmakers reintroduce bill to remove roadblocks for crypto investments in retirement accounts from Cointelegraph
- FDIC Tells Crypto Exchange CEX.IO to Stop Claiming US Dollars Held in Its Wallets Are Insured from CoinDesk
- FTX bankruptcy judge denies US trustee’s motion to appoint independent examiner from Cointelegraph
- What Previous Crypto Airdrops Tell Us About Where BLUR May Be Headed from Blockworks
- Curve Stablecoin in the Works as Proposal Goes to Governance Vote from Blockworks
- Conflux partners with China Telecom to develop blockchain SIM card from Cointelegraph
- Conflux Network to Build Blockchain-Based SIM Cards in Partnership With China Telecom from CoinDesk
- EU Now Accepting Applications for Its Blockchain Regulatory Sandbox from CoinDesk
- Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi from Cointelegraph
- Nomura’s Crypto Arm Invests in Institutional Hybrid DeFi Protocol Infinity Exchange from CoinDesk
- Australian Crypto Exchange Digital Surge Set to Come Back Online After Stakeholders Sign Recovery Plan from CoinDesk
- DE Shaw Held Coinbase Debt, Equity as Crypto Churned from Blockworks
- Coinbase CEO Busy Selling Stock to Fund His Other Startups from Blockworks
- Coinbase: Ether Selling Pressure Should Be Fairly Limited Around the Shanghai Fork Upgrade from CoinDesk
- Can you trust crypto exchanges after the collapse of FTX? from Cointelegraph
- Sam Bankman-Fried, Caroline Ellison, Other Company Insiders Subpoenaed by FTX for Documents from CoinDesk
- Judge Denies Appointment of Independent Examiner in FTX Bankruptcy from CoinDesk
- SBF and FTX fraud ‘aided and abetted’ by Silvergate Bank, alleges lawsuit from Cointelegraph
- Sequoia Capital, Paradigm among VCs facing ‘tricky’ FTX investor lawsuit from Cointelegraph
- DOGE, Floki Soaring After Musk Tweets Photo of His Dog in Twitter CEO Chair from CoinDesk
- Former Warner Music CEO Joins Web3 Company OneOf’s Board from CoinDesk
- Blur Escalates Royalty Battle With OpenSea, Recommends Blocking Platform from CoinDesk
