The Daily Spin. Meek Monday Edition. With the BTFP “stealth quantitative easing” of $4.4T dollars underway, one can only feel for the sorry buggers that were caught up in the flare-up of what was certainly the beginning of a systemic banking meltdown – now delayed further away as the FED turns that money-printer back on. And yes, it went “Brrrrrr”
People got to keep their jobs. The FDIC was able to insure all deposits for an unlimited amount of time. Bankers that were telling us that “it’s over” get to keep loaning out money to the FED and exchange it for cash to appease their depositors and their concerns. The largest Ponzi scheme in the history of mankind got another lifeline, kicked further down the block… where it will again, be kicked further down the block. But not if the BRICS nations have anything to say about it…
NASDAQ announces that it will launch a crypto custody service for BTC, ETH in 2023, inaugurating their official digital assets arm. I wonder if the SEC would consider that to be a security? Tim Draper and hundreds of LPs in VC firms tell their businesses to diversify their treasuries after SVB collapse, even going so far as to advice Bitcoin as an alternative safe harbour. Charles Hoskinson is quick to point out the factors of money printing and fractional reserve banking – not crypto – for the current banking crisis. LBank gives a nice breakdown of Bitcoin’s recent price surge. Crypto scams and exploits down 71% YoY as only $370m is lost in January. And Greenpeace’s push for Bitcoin to go Proof-of-Stake becomes an instant meme on CT.
Dogecoin updates its dev tool suite, adding QR codes, moon phases and BIP-39 seed support among other advances. “Pooky” a sports prediction app launches its P2E game. Toshi tools launches market data app for crypto traders. Zipmex’s acquisition hits a road bump when its acquirer fails to make payroll. Coinbase indicates for the development of inflation-pegged “Flatcoins” on Base network.
We have a nice line-up in the Thought Leadership section today, covering the banking crisis from multiple vantage points, new technologies pertaining to StarkWare and Qredo’s MPC wallets, how to DAO a Fortune 500 company and a delightful read on “The Fourth Frontier” by the Network State… 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’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
The Coinweb Monthly Spin - 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-fifth-edition
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
Coinweb to Deliver Cross-Chain Smart Contract Architecture and Blockchain Loyalty Programme to BMW
https://cryptoslate.com/bmw-to-bring-blockchain-loyalty-program-through-coinweb-and-bnb-chain/
KuCoin Labs launches incubation program to accelerate builders (Coinweb, DoraHacks, Ava Labs)
https://cointelegraph.com/press-releases/kucoin-labs-launches-incubation-program-to-accelerate-builders
Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c
**
On the Radar**
**
Polygon zkEVM Launch, Mar 27 (On-chain)
WOW Summit, Mar 29-30 (Hong Kong)
ASEAN Web3 Summit, Mar 30-31 (Singapore)**
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)
Nasdaq to launch crypto custody service for BTC, ETH in 2023 to inaugurate digital assets arm
https://cryptoslate.com/nasdaq-to-launch-crypto-custody-service-for-btc-eth-in-2023-to-inaugurate-digital-assets-arm/
Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath
https://cryptoslate.com/billionaire-tim-draper-tells-businesses-to-hold-bitcoin-in-the-svb-aftermath/
Banking crisis: Hoskinson blames money printing, fractional reserve banking – not crypto
https://cryptoslate.com/banking-crisis-hoskinson-blames-money-printing-fractional-reserve-banking-not-crypto/
LBank Breaks Down Bitcoin’s Double-Digit Price Surge
https://cryptoslate.com/press-releases/lbank-breaks-down-bitcoins-double-digit-price-surge/
Crypto scams, exploits down 71% YoY as $370M lost since January
https://cryptoslate.com/crypto-scams-exploits-down-71-yoy-as-370m-lost-since-january/
Crypto twitter turns Greenpeace’s attempt to vilify BTC via art piece into meme
https://cryptoslate.com/crypto-twitter-turns-greenpeaces-attempt-to-vilify-btc-via-art-piece-into-meme/
Bitcoin cannot be stopped – Regulators will only be playing Whack-a-Mole: Caitlin Long
https://cryptoslate.com/bitcoin-cannot-be-stopped-regulators-will-only-be-playing-whack-a-mole-caitlin-long/
**
Competitive Landscape**
Dogecoin dev tool update adds QR codes, moon phases, BIP-39 seed support
https://cryptoslate.com/dogecoin-dev-tool-update-adds-qr-codes-moon-phases-bip-39-seed-support/
Sports Prediction App ‘Pooky’ Launches Full Version of Its Play-and-Earn Game
https://cryptoslate.com/press-releases/sports-prediction-app-pooky-launches-full-version-of-its-play-and-earn-game/
Toshi Tools Launches Market Data App for Crypto Traders
https://cryptoslate.com/press-releases/toshi-tools-launches-market-data-app-for-crypto-traders/
Zipmex acquisition faces challenges as buyer misses $1.2M payment
https://cryptoslate.com/zipmex-acquisition-faces-challenges-as-buyer-misses-1-2m-payment/
Coinbase wants devs to build inflation-pegged 'flatcoins' on its new 'Base' network
https://cointelegraph.com/news/coinbase-wants-devs-to-build-inflation-pegged-flatcoins-on-its-new-base-network
**
**
US. Coordinated Regulation Failures
Bitwise CIO sees ‘no path forward’ for spot Bitcoin ETF
https://cryptoslate.com/bitwise-cio-sees-no-path-forward-for-spot-bitcoin-etf/
Justin Sun: Huobi believes SEC impact is over
https://cryptoslate.com/justin-sun-huobi-believes-sec-impact-is-over/
Analysis: How social media killed Silicon Valley Bank
https://cryptoslate.com/analysis-how-social-media-killed-silicon-valley-bank/
**
World**
The Country That Brought the World the $100,000,000,000,000 Bill Just Hit a New Level of Dysfunction
https://www.wsj.com/articles/zimbabwe-money-aa13a052
Venezuela arrests 21 people in crypto-related oil corruption scheme
https://cryptoslate.com/venezuela-arrests-21-people-in-crypto-related-oil-corruption-scheme/
China’s Fujian Province processes nearly $22B in digital yuan transactions
https://cryptoslate.com/chinas-fujian-province-processes-nearly-22b-in-digital-yuan-transactions/
De-dollarization: Do all roads eventually lead to Bitcoin?
https://cryptoslate.com/market-reports/de-dollarization-do-all-roads-eventually-lead-to-bitcoin/
**
Thought Leadership**
A Special Situation with the Banks
https://open.substack.com/pub/gritalpha/p/a-special-situation-with-banks?r=1ivajd&utm_medium=ios&utm_campaign=post
How To Compare MPC Wallet Providers: 5 Key Differences To Consider
https://www.qredo.com/blog/comparing-mpc-solutions
STARK: Endgame
https://medium.com/starkware/stark-endgame-78a577733200
The Defiant: How To Decentralize a Fortune 500 company (60mins)
https://www.youtube.com/watch?v=Puh3Zmk4e8w
The Future is Our Past Thesis
https://thenetworkstate.com/fragmentation-frontier-fourth-turning-future-is-our-past
**
**
