The Coinweb Daily Spin

The Daily Spin. Tokenomics Tuesday Edition. Coinweb closes $2m fundraising round from SAVA Investment Management. Dogecoin rallies 30% after Twitter logo changes to DOGE, Elon Musk asks court to dismiss $258B Doge racketeering case. Arbitrum DAO governance is in shambles after the first proposal fails, leading to whales dumping and the token taking a hit. Bakkt acquires Apex Crypto for $155m, DFinity releases Chain-Key Bitcoin, OpenOcean launches Kava Network’s first DEX aggregator. Bitquery launches a new streaming API service into the web3 infrastructure space. Solana-based Rollbit Coin faces currents due to crypto influencers’ promotion tactics.

Cobie started a rumor on CT that the Interpol issued a Red Notice for Binance’s Changpeng Zhao, which is later confirmed as not true by the international agency. Various governments are backing away from reliance on the US Dollar, from the BRICs nations to the ASEAN bloc. Japan’s FSA issues warnings to ByBit, BitGet, MEXC Global, and Bitforex to cease unregistered exchange operations.

A lot of good reads in the Thought Leadership section today, including how to use ChatGPT better, Balaji’s $2m bet on BTC, and what to do with that ARB token airdrop… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane… 

**

**Ongoings at Coinweb

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management
https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3
https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions
https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/

Coinweb’s Layer 2 marks 4 million transactions milestone
https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20

Coinweb Partners With Ceffu for Institutional Crypto Custody
https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality
https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20

“A Thread on Refereed Delegation of Computation” by Kawin on Twitter
https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20

Coinweb to bring cross-chain tokenisation to Layer 2
https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1633424957693915137

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue
https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine
https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/

Coinweb Labs is proud to unveil LinkMint ⛓️🍃, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander. 
https://www.youtube.com/watch?v=CSKA3cAB15U

“A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitter
https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20

“A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitter
https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg

Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c

**

On the Radar**

Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)
Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong)
Consensus 2023, Apr 26-28 (Austin, Texas)

Web3 Weekend, May 8-13 (Jakarta)

AIBC Asia, Jul 19-22 (Manila)

TOKEN2049, Sep 13-14 (Singapore)

**
Blockchain Events curated by CryptoNomad**
https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit

**

On the Block(chain)**

Dogecoin rallies 30% after Twitter logo changes to DOGE
https://cryptoslate.com/dogecoin-rallies-30-after-twitter-logo-changes-to-doge/

Ethereum deposit contract holdings exceed 18 million ETH
https://cryptoslate.com/insights/ethereum-deposit-contract-holdings-exceed-18-million-eth/

Bakkt finalizes $155M acquisition of Apex Crypto
https://cryptoslate.com/bakkt-finalizes-155m-acquisition-of-apex-crypto/

S&P Global hiring for DeFi leadership position
https://cryptoslate.com/sp-global-hiring-for-defi-leadership-position/

Survey shows Russian households prefer crypto over gold
https://cryptoslate.com/survey-shows-russian-households-prefer-crypto-over-gold-for-investment/

ARB token takes a hit as 2 whales liquidate holdings
https://cryptoslate.com/arb-token-takes-a-hit-as-2-whales-liquidate-holdings/

Istanbul Blockchain Week set to return in August for largest Turkish web3 event of 2023
https://cryptoslate.com/press-releases/istanbul-blockchain-week-set-to-return-in-august-for-largest-turkish-web3-event-of-2023/

**

Competitive Landscape**

Coinbase dominates US market with over 75% market share
https://cryptoslate.com/coinbase-dominates-us-market-with-over-75-market-share/

Bitquery's New Streaming API is Changing Web3 Infrastructure Space
https://news.bitcoin.com/bitquerys-new-streaming-api-is-changing-web3-infrastructure-space/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token
https://news.bitcoin.com/dfinity-foundation-launches-chain-key-bitcoin-a-native-internet-computer-btc-derivative-token/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

OpenOcean Launches as Kava Network’s 1st DEX Aggregator
https://openoceanfinance.medium.com/openocean-launches-as-kava-networks-1st-dex-aggregator-d9a258778075

Solana-based Rollbit Coin faces scrutiny over crypto influencer promotion tactics
https://cryptoslate.com/solana-based-rollbit-coin-faces-scrutiny-over-crypto-influencer-promotion-tactics/

**

US. Coordinated Regulation Failures**

Elizabeth Warren Explains Her 'Anti-Crypto Army' Stance; Waves of Democrats Oppose Her Bitcoin Criticism
https://news.bitcoin.com/elizabeth-warren-explains-her-anti-crypto-army-stance-waves-of-democrats-oppose-her-bitcoin-criticism/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Binance's BNB, Bitcoin Tumble After Crypto Twitter Personality Cobie's Wild Guess
https://www.coindesk.com/policy/2023/04/03/unverified-rumor-of-interpol-red-notice-for-binance-ceo-changpeng-zhao-sends-bnb-bitcoin-lower/

Interpol does not list Red Notice for Changpeng Zhao, despite rumors
https://cryptoslate.com/interpol-does-not-list-red-notice-for-changpeng-zhao-despite-rumors/

Musk asks court to dismiss $258B DOGE racketeering lawsuit
https://cryptoslate.com/musk-asks-court-to-dismiss-258b-doge-racketeering-lawsuit/

DOJ seizes $112M tied to cryptocurrency schemes
https://cryptoslate.com/doj-seizes-112m-tied-to-cryptocurrency-schemes/

**

World**

Worldcoin Launches World ID, an AI Resistant, Iris Dependant ID Protocol
https://news.bitcoin.com/worldcoin-launches-world-id-an-ai-resistant-iris-dependant-id-protocol/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Household Crypto Holdings Included in Bank of Russia’s Consumer Finance Survey
https://news.bitcoin.com/household-crypto-holdings-included-in-bank-of-russias-consumer-finance-survey/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
https://news.bitcoin.com/india-to-facilitate-international-settlements-in-rupees-to-reduce-dependence-on-the-us-dollar/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

ASEAN Countries Take Steps to Reduce Reliance on US Dollar for Trade Settlements
https://news.bitcoin.com/asean-countries-take-steps-to-reduce-reliance-on-us-dollar-for-trade-settlements/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official
https://news.bitcoin.com/regulators-should-heed-crypto-risks-when-innovating-regulation-says-chinese-central-bank-official/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

Japan FSA warns four exchanges to cease operating without licensing
https://cryptoslate.com/japan-fsa-warns-four-exchanges-to-cease-operating-without-licensing/

**

Thought Leadership**

How to be ahead of 99% of ChatGPT users (prompt engineering)
https://artificialcorner.com/youre-using-chatgpt-wrong-here-s-how-to-be-ahead-of-99-of-chatgpt-users-886a50dabc54

Deposits Locked, Withdrawals Minted
https://offchain.medium.com/deposits-locked-withdrawals-minted-a7e975708b3d

Why Paris Blockchain Week Ranks As One Of The 3 Best Crypto Conferences On The Planet
https://medium.com/quantum-economics/why-paris-blockchain-week-ranks-as-one-of-the-3-best-crypto-conferences-on-the-planet-5469ad6759e0

What Should You do With the Arbitrum Airdrop?
https://medium.com/@bitpushnews/what-should-you-do-with-the-arbitrum-airdrop-be6d5f740ddb

Balaji Srinivasan, and why we should be worried about his $2 million bet
https://medium.com/enrique-dans/balaji-srnivasan-and-why-we-should-be-worried-about-his-2-million-bet-a8fec7e8330c

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