Research
Adoption
CZ alleges FTX paid $43M to news organization to publish Binance FUD
FTX funded FUD against Binance and the impact of AI in crypto were discussed during a recent Twitter AMA with the Binance CEO.
Regulation
SEC’s Hester Peirce says crypto industry should not wait for regulators to solve problems
SEC Commissioner Hester Peirce advocates for a more transparent and collaborative approach to crypto regulation, emphasizing the importance of decentralization and the diversity of the crypto space.
Analysis
Pantera CEO calls 2023 ‘best time ever’ to start a crypto company with $121B VC funding available
Bitcoin outperforming tech sector proves 'Blockchain’s resilience'
Combining proof of work and proof of stake for a decentralized financial system with Decred – SlateCast 49
SlateCast #49 - Deep dive into Decred's approach to censorship and privacy with project lead Jake Yocom-Piatt
Adoption
Massachusetts bill for special blockchain commission to assess government usage
The Special Commission bill was filed on the same day as another bill related to increasing consumer protection against crypto exchanges.
Bear Market
Bitcoin up 50% from bear market low outperforming SPY, Gold
Bitcoin crashes through $23k as the bear market rally continues
Bankruptcy
DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen
Only the lending arm of Genesis has filed for bankruptcy while DCG still has $526M in debt owed to Genesis by May 2023
Research
Research: Market hedged the shortest amount in over 2 years as Bitcoin rose to $21k
The purchase of roughly $200 million in Bitcoin on spot trading markets was enough to force massive short liquidations due to dwindling volume.
AI
AI avatars launch on Polygon as CharacterGPT brings NPCs to life
AI NFTs that can be trained to respond like real people are coming to Polygon
Crime
Crypto ransomware payments fall 40% in 2022
Ransomware payments fell $309M in 2022 from a high of $766M in 2021 as victims refuse to pay OFAC sanctioned attackers
Adoption
IPwe, Casper Labs converting 25 million patents to NFTs as enterprise blockchain usage grows
Patent industry to be overhauled with dynamic NFT usage to track IP management
Bankruptcy
Genesis rumored to be preparing bankruptcy filing as soon as next week
A prepackaged bankruptcy filing is looking increasingly likely as Genesis fails to secure funds
