The Coinweb Weekly Spin
July 10th, 2023

The Weekly Spin. Tenth Edition. The first week of July saw the highly anticipated “deep dive” video by Miles Deutscher of Crypto Banter, which has been well received by the largest and fastest growing crypto-community on YouTube – and has resulted in a jump of new members to the Coinweb communities, with excitement and interest to learn more about our project. Our Zealy questboard doubled in size and rose into the top #400 after the announcement of the first participants into the Alpha Wallet Tester Program. We are more than thrilled to welcome our most committed members in the community to the program and give special thanks to everyone who has expressed interest in contributing to make our project better and closer to our shared vision! LFG!!

Bitcoin successfully defended the $30k level, Multichain gets hacked again for another $126 million, BAYC floor prices crash while the entire NFT market capitulates post-Azuki cash grab. SEGA withdrew its biggest franchises from NFTs and Web3. SEGA is out, but Coca Cola gets in with SolSea in the Serbian market. Zuck launches “Threads” while Elon was busy training for the MMA Octagon with his Krav Maga instructor while simultaneously launching 22 Starlink satellites with a Neuralink implant. Tether launches USDt on Kava. Gemini hits DCG with a suit over Genesis insolvency. US unemployment rates stay at historic lows. Blackrock CEO Larry Fink becomes our latest and greatest ambassador for the crypto industry. Oh, and let’s not miss the Bank of International Settlements (BIS) 7-step framework for implementing CBDCs… 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

CryptoBanter’s Miles Deutscher Releases Video of Deep Dive on Coinweb
Join Miles Deutscher in this special edition of Crypto Banter DeFi for a deep dive into Coinweb and a chance for early access & a $1000 Giveaway!
https://youtu.be/uAB1kW-nkjk

Coinweb’s InChain Architecture
What is InChain data?
https://www.medium.com/@Coinweb.io/coinwebs-inchain-architecture-577344971114

Toby Gilbert featured on “Bridged Podcast” – A Green Thru Series: ep. 46
Join us as we uncover the secrets behind Coinweb's groundbreaking architecture as we speak with Toby, CEO at Coinweb, a protocol that connects and unifies self-sovereign blockchains through a common currency, enabling seamless communication, cross-chain transactions, and empowering the future of decentralised finance.
https://greenthru.org/episodes/202306210930-podcast-46-tobygilbert-gml5p-k77ds-2hdb5-4tzhs-6m7lt-sl9jm-fx73y-aae5g-kh9z7-wb3gw-d8ewn-zfjah

Coinweb is accepting Alpha Wallet Tester registrations on Zealy!
Join our community of Questooors on the Zealy (formerly Crew3) platform to earn XP and special privileges – including an opportunity to participate in our Alpha Wallet Tester Program!
https://zealy.io/c/coinweb/questboard

A Thread on the Coinweb “Token Shield” and How It Works
https://twitter.com/CoinwebOfficial/status/1667167179287011330?s=20

Venture Alpha Podcast by Contango: Episode 7
Making Blockchain Accessible with a Revolutionary Cross-Chain Ecosystem
https://open.spotify.com/episode/3QW9iSHaVsMRIGlRo5msyS?si=jBV58G5kQUOhVDrbFyLg0A&nd=1

The Coinweb Monthly Spin, our round-up of Coinweb-related events, updates, and news from the Web3 industry – June Edition
https://coinweb.beehiiv.com/

On the Radar

BlockDown Festival, Jul 10-12 (Albufeira)
US CPI Inflation Reading, Jul 12 (Washington DC)
US PPI Inflation Reading, Jul 13 (Washington DC)

World Blockchain Summit Singapore 2023, Jul 13-14 (Singapore)
NFT Show Europe, Jul 14-15 (Valencia)
KuCoin Mandatory KYC Deadline, Jul 15 (Global)
DAOCON 2023, Jul 16 (Paris)
ETHCC Paris, Jul 17-20 (Paris)
AIBC Asia, Jul 19-22 (Manila)
US FED FOMC Meeting, Jul 25-26 (Washington DC)

WebX Asia Conference, Jul 25-26 (Tokyo)
Seoul Web 3.0 Festival, Jul 31-Aug 3 (Seoul)

Web3Conf India, Aug 11-14 (Goa)
ETH Toronto, Aug 13-16 (Toronto)

Coinfest Asia by Coinvestasi, Aug 24-25 (Bali)
ETH Warsaw, Aug 30-Sep 3 (Warsaw) 

Korea Blockchain Week, Sep 4-9 (Seoul)
Nordic Blockchain Conference 2023, Sep 6-7 (Copenhagen)

Near APAC, Sep 8-12 (Ho Chi Minh City)
Ethereum Singapore, Sep 10-12 (Singapore)
DappCON23, Sep 11-13 (Berlin)
TOKEN2049, Sep 13-14 (Singapore)*

Metaverse Summit, Sep 21-22 (Paris)
ETHGlobal New York Hackathon, Sep 22-24 (New York City)
Fintech Festival Asia, Sep 27-28 (Bangkok)*

Blockchain Economy Summit, Oct 4-5 (Dubai)
Zebu Live, Oct 4-5 (London)
ETHGlobal Online Hackathon, Oct 6-25 (Virtual)
ETH Miami 2023, Oct 27-29 (Miami)
ETH Vietnam, Oct 27-29 (Hanoi)

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

Web3 Events by NFTTech
https://www.nfttech.com/events

On the Block(chain)

First Mover Asia: Bitcoin Opens Week Defending $30K Support Level
https://www.coindesk.com/markets/2023/07/10/first-mover-asia-bitcoin-opens-week-defending-30k-support-level/

Bitcoin and S&P 500 decouple from net liquidity
https://cryptoslate.com/bitcoin-and-sp-500-decouple-from-net-liquidity/

BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred
https://www.coindesk.com/business/2023/07/07/blackrock-ceo-larry-finks-turnabout-on-bitcoin-elicits-cheers-skepticism-from-crypto-insiders/

The Broke Ape Yacht Crash: Lessons for Justin Bieber and Other NFT Collectors
https://www.coindesk.com/consensus-magazine/2023/07/05/the-broke-ape-yacht-crash-lessons-for-justin-bieber-and-other-nft-collectors/

Circle, Tether freeze over half of the $126M assets stolen from Multichain breach
https://cryptoslate.com/circle-tether-freeze-over-half-of-the-126m-assets-stolen-from-multichain-breach/

Centralized exchanges lost nearly $11B to hackers over the past decade
https://cryptoslate.com/hackers-have-stolen-almost-11b-from-centralized-exchanges-in-11-years/

Is this upstart app the reason Meta’s Threads does not have a website?
https://cryptoslate.com/is-this-upstart-app-the-reason-threads-does-not-have-a-website/

Binance sees nearly $2B inflow amid exit of key executives
https://cryptoslate.com/binance-sees-nearly-2b-inflow-amid-exit-of-key-executives/

New ERC-20 token VMPX triggers Ethereum burn spike, consumes $3M in gas fees in 24 hours
https://cryptoslate.com/new-erc-20-token-vmpx-triggers-ethereum-burn-spike-consumes-3m-in-gas-fees-in-24-hours/

Competitive Landscape

Tether launches USDt on Kava
https://cryptoslate.com/press-releases/tether-launches-usdt-on-kava/

Nayms Issues World’s First Crypto-Denominated Industry Loss Warranty (ILW)
https://cryptoslate.com/press-releases/nayms-issues-worlds-first-crypto-denominated-industry-loss-warranty-ilw/

How Secret Network’s Privacy as a Service Unlocks Web3 for the Next Billion Users
https://www.coindesk.com/sponsored-content/how-secret-networks-privacy-as-a-service-unlocks-web3-for-the-next-billion-users/

Game Over for Sega NFTs? Gaming Giant Backtracks From Blockchain Plans
https://nftnow.com/news/game-over-for-sega-nfts-gaming-giant-backtracks-from-blockchain-plans/

Riot leverages Texas power strategy to fund operations as BTC balance increases
https://cryptoslate.com/riot-leverages-texas-power-strategy-to-fund-operations-as-btc-balance-increases/

How Apple’s visionOS can pave the way for mainstream metaverse adoption
https://cryptoslate.com/how-apples-visionos-can-pave-the-way-for-mainstream-metaverse-adoption/


US. Coordinated Regulation Failures

Unemployment rate stays at historic lows, Bitcoin jumps 1.5%
https://cryptoslate.com/insights/unemployment-rate-stays-at-historic-lows-bitcoin-jumps-1-5/

The SEC’s arguments against Coinbase are ‘not particularly strong,’ law expert says
https://cryptoslate.com/the-secs-arguments-against-coinbase-are-not-particularly-strong-law-expert-says/

US presidential candidate RFK Jr.’s financial disclosures reveal up to $250,000 in Bitcoin
https://cryptoslate.com/us-presidential-candidate-rfk-jr-s-financial-disclosures-reveal-up-to-250000-in-bitcoin/

Gemini sues Digital Currency Group and CEO Barry Silbert over Genesis Capital insolvency
https://cryptoslate.com/gemini-sues-dcg-barry-silbert-over-alleged-fraud-related-to-genesis/

Crypto community questions SEC probe into DeFi protocol BarnBridge
https://cryptoslate.com/crypto-community-questions-sec-probe-into-defi-protocol-barnbridge/

World

BIS unveils 7-step security framework for blockchain-based CBDCs
https://cryptoslate.com/bis-unveils-7-step-security-framework-for-blockchain-based-cbdcs/

Majority of finance customers comfortable with crypto, less so AI – Salesforce survey
https://cryptoslate.com/majority-of-fsi-customers-comfortable-with-crypto-less-so-ai-salesforce-survey/

Coca Cola Serbia partners with Solana-based NFT marketplace SolSea
https://cryptoslate.com/coca-cola-serbia-partners-with-solana-based-nft-marketplace-solsea/

Thought Leadership

The Real Use Case for CBDCs: Dethroning the Dollar
https://www.coindesk.com/consensus-magazine/2023/07/07/the-real-use-case-for-cbdcs-dethroning-the-dollar/

Threads is Libra and Meta All Over Again
https://www.coindesk.com/consensus-magazine/2023/07/07/threads-is-libra-and-meta-all-over-again/

Bitcoin halving may push miners’ net profit into negative territory
https://cryptoslate.com/bitcoin-halving-may-push-miners-net-profit-into-negative-territory/

Shifting distribution trends among bitcoin ‘whale’ holders
https://cryptoslate.com/insights/distribution-trend-among-bitcoin-whale-holders/

The outlook for DeFi lending remains strong – The industry is mature and ripe for institutions
https://cryptoslate.com/op-ed-the-outlook-for-defi-lending-remains-strong-the-industry-is-mature-and-ripe-for-institutions/

Ethereum Inventor Vitalik Buterin Has Advice for Bitcoiners
https://decrypt.co/147842/ethereum-inventor-vitalik-buterin-bitcoin-advice

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