**The Daily Spin. Man it’s Hot Monday Edition. **As we enter Q2 of the year at furious pace and almost unbearable heat, there are currently so many moving issues at hand to keep everyone on their toes during the start of April. If you haven’t received your copy of The Coinweb Monthly Spin - Sixth Edition, make sure to catch it at the top of the links provided below. LFG!!
Bitcoin and the crypto market has firmly held its ground, continuing its three-month green streak and outperforming all asset classes despite multivariate attacks and attempts to control by the regulatory bodies of the governments with failing banks around the world. It has shown great resilience in the face of very challenging macroeconomic conditions, which is arguably the very reason for its inception in the first place.
We are seeing many changes unfold right before our eyes that will define the course of our civilization for the next few decades, taking note of the booming impact and growth of AI as well as deepening geopolitical impasses forming between major governments, issues of censorship and freedom of information very much at hand – topics that are well covered by the All-in Podcast episode included at the end of this newsletter.
Let’s all take a moment to pause and really appreciate the moment in time we are in before it takes us away as a tidal wave would a shattered wooden ship, analogous to the once mighty technology that gave the Vikings dominion over a vast amount of resources and advancement. Oh and one more thing I forgot to mention; fuck Elizabeth Warren and her anti-crypto army of n00bs. Read “How to resist CBDCs and avert a dystopian future,” and op-ed article published by Samuel Wan, an analyst at Cryptoslate media.
Bittrex ($CWEB listed) is shuttering their US services at the end of the month. Also, introducing IXFI Exchange – is claiming to now be the world’s biggest buy crypto platform. Vitalik Buterin posted an article discussing a technical challenge for Ethereum, known as the “Multi-client Problem with zk-EVMs” in lieu with the explosion of zk-EVM technology onto the scene with over 5 protocols launching within days of each other at the end of Q1 2023. Arbitrum’s pivot to become a DAO took center stage in the blockchain governance arena with its first vote last week, a nerd’s dream case study on how the transition is made to DAO ownership and the proposal that will be responsible for approx. $1B worth of $ARB tokens allocated… 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
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)**
Biggest Movers: DOGE Hits 9-Day High, as LTC Climbs 6% on Saturday
https://news.bitcoin.com/biggest-movers-doge-hits-9-day-high-as-ltc-climbs-6-on-saturday/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Arbitrum’s First Governance Proposal Turns Messy With $1B ARB Tokens at Stake
https://www.coindesk.com/business/2023/04/01/arbitrums-first-governance-proposal-turns-messy-with-1b-arb-tokens-at-stake/
Bitcoin hits milestone as number of addresses holding 1 BTC nears 1M
https://cryptoslate.com/insights/bitcoin-hits-milestone-as-number-of-addresses-holding-1-btc-nears-1m/
Justin Sun calls media reports about Huobi stake sale ‘April fools prank’
https://cryptoslate.com/justin-sun-calls-media-reports-about-huobi-stake-sale-april-fools-prank/
Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
https://news.bitcoin.com/value-locked-in-defi-holds-the-line-at-50b-after-temporarily-shedding-8b-in-mid-march/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers
https://news.bitcoin.com/ftx-eu-launches-new-website-for-withdrawals-as-subsidiary-starts-returning-funds-to-customers/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
**
Competitive Landscape**
The Rapid Rise of IXFI Exchange - Now the World’s Biggest Buy Crypto Platform
https://news.bitcoin.com/the-rapid-rise-of-ixfi-exchange-now-the-worlds-biggest-buy-crypto-platform/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market
https://news.bitcoin.com/trump-cards-jump-amid-indictment-strong-quarter-for-nft-market/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Lessons For Move-to-Earn Projects in 2023
https://cryptoslate.com/lessons-for-move-to-earn-projects-in-2023/
US Government Plans to Sell Over 41,000 Bitcoins Confiscated from Silk Road Hacker
https://news.bitcoin.com/us-government-plans-to-sell-over-41000-bitcoins-confiscated-from-silk-road-hacker/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
**
US. Coordinated Regulation Failures**
SVB Collapse Complicates Banks’ Efforts to Unload More Than $25 Billion of Junk Debt
https://www.wsj.com/articles/svb-collapse-complicates-banks-efforts-to-unload-more-than-25-billion-of-junk-debt-a19ae78d
Bittrex to halt US operations by end of April
https://cryptoslate.com/bittrex-to-halt-us-operations-by-end-of-april/
Attorney claims Ripple vs SEC verdict may take 2 more months
https://cryptoslate.com/attorney-claims-ripple-vs-sec-case-verdict-may-take-2-more-months/
Space Force major urges Pentagon to hold Bitcoin, give it 2nd amendment protection
https://cryptoslate.com/space-force-major-urges-pentagon-to-hold-bitcoin-give-it-2nd-amendment-protection/
'Dr. Doom' Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks
https://news.bitcoin.com/dr-doom-nouriel-roubini-warns-of-looming-banking-crisis-and-trilemma-for-central-banks/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit — Insists Tweeting Support for DOGE Isn't Unlawful
https://news.bitcoin.com/elon-musk-asks-judge-to-dismiss-258b-dogecoin-lawsuit-insists-tweeting-support-for-doge-isnt-unlawful/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
**
World**
BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit
https://news.bitcoin.com/brics-nations-working-on-creating-new-currency-to-be-discussed-at-next-leaders-summit/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary
https://news.bitcoin.com/german-stock-exchange-boerse-stuttgart-to-provide-crypto-custody-through-licensed-subsidiary/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
UBS May Cut Workforce by 20-30% After CS Takeover
https://www.bloomberg.com/news/articles/2023-04-02/ubs-will-cut-workforce-by-20-30-after-cs-takeover-soz-says
OPEC+ announces surprise oil output cuts
https://www.reuters.com/business/energy/sarabia-other-opec-producers-announce-voluntary-oil-output-cuts-2023-04-02/
Justin Sun’s Grenada ambassadorship to WTO ends
https://cryptoslate.com/justin-suns-grenada-ambassadorship-to-wto-ends/
Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court
https://news.bitcoin.com/bitcoin-profits-deemed-taxable-by-denmarks-supreme-court/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications
Easy way to obtain crypto license in Dubai: Gofaizen & Sherle launches a new service
https://cryptoslate.com/press-releases/easy-way-to-obtain-crypto-license-in-dubai-gofaizen-sherle-launches-a-new-service/
**
Thought Leadership**
Bitcoin Doesn’t Need Banks
https://foundationdevices.com/2023/03/bitcoin-doesnt-need-banks/
Op-ed: How to resist CBDCs & avert a dystopian future
https://cryptoslate.com/op-ed-how-to-resist-cbdcs-avert-a-dystopian-future/
Vitalik Buterin reveals major challenge for Ethereum’s future – and how to solve it
https://cryptoslate.com/vitalik-buterin-reveals-major-challenge-for-ethereums-future-and-how-to-solve-it/
All-in Podcast E122: Is AI the next great computing platform? ChatGPT vs. Google, containing AGI & RESTRICT Act (84mins)
https://youtu.be/qQ544sWC8ZQ
