📺Ad Campaign to Change BTC Code - TWJ #116
Ripple's Chris Larsen and Greenpeace USA are drawing the ire of Bitcoiners.
In today’s issue:
The crypto market is flat with the total market cap sitting at $2.1-2.2 trillion. Zilliqa (ZIL) continues to be the top performer in the past 7-d. Inflation numbers rose to record in Europe.
In other news, Chris Larsen wants to change the Bitcoin code, Blockchain.com hits a $14 billion valuation, and Axie is committed to reimbursing hacked players.
We’re continually improving our content, please reach out if you have ideas or would like us to recap another segment of the market.
- Curated by Marco Manoppo (@manoppomarco)
📰Market News
⎆Chris Larsen Wants to Change the Bitcoin Code
Ripple (XRP) co-founder and Executive Chairman Chris Larsen is working alongside Greenpeace USA to advocate a code change to the Bitcoin protocol that would reduce the energy usage of the world's largest crypto asset. The campaign aims to convert Bitcoin’s Proof-of-Work to Proof-of-Stake. Larsen is allocating $5M to the ad campaign, named “Change the Code, Not the Climate”.
⎆Blockchain.com Hits a $14 Billion Valuation
Crypto firm Blockchain.com reached a valuation of $14 billion after its latest funding round at an undisclosed amount that was led by Lightspeed Venture with major participation from Baille Gifford & Co. The UK-based firm raised $300M at a $5.2 billion valuation almost exactly one year ago.
⎆Axie Committed to Reimburse Hacked Players
Sky Mavis, the entity behind Axie Infinity has pledged to reimburse players after the $600M+ exploit that happened last week.
“We are committed to ensuring that all of the drained funds are recovered or reimbursed, and we are continuing conversations with our stakeholders to determine the best course of action,”
👨🏻💻Decentralized Finance (DeFi)
Flashbots Announced Protect Fast Mode
xBank Launched on Starknet Testnet
Aave v3 Launch Triggers 50% Rally
Polygon ID Platform Seeks to Enhance Self-agency and Privacy
ShibaDEX Goes Live on Komodo
Opera’s Crypto Browser to Support Solana, Polygon, StarkEx
🏛Governance - Active Proposals
Babylon Finance - BIP-15: Referral Program
Compound - OpenZeppelin Security Partnership - 2022 Q2 Adjustment V2
Dope Wars - DIP-39 Community Team
🦮NFT & Metaverse
Solana Surges as NFT Trading Rises 80% Following OpenSea Reveal
Azuki Notches First $1M Sale
Samsung Taps Nifty Gateway to Create Smart TV NFT Platform
Delta Expands Its web3 Offering With an NFT Explorer
Grab’s Technology Head Departs to Lead Metaverse Gaming Firm Ethlas
Binance Suspends Deposits and Withdrawals on Ronin Network
Sky Mavis Pledges to Reimburse Players Following Hack
Top Sales (Last 24-h); Source: https://dappradar.com/nft
📈Deal Flow & Capital Raise
Burrow - $5M Unknown Round
Crypto Raiders - $6M Unknown Round
Cross River Bank - $620M Unknown Round
LayerZero - $135M Series A Extension
Nova Labs (Helium) - $200M Series D
gCC - $110M gCC Fund II
Blockchain.com - $14B Valuation (Undisclosed Amount Raised)
⚖️Regulatory Update
EU's MiCA Bill to Enter Next Phase of Negotiations
Lawmakers Want Unregulated Crypto Firms Out of the EU
UK's FCA Extends Temporary Registration Deadline for Select Crypto Firms
Ted Cruz Introduces Companion to Bill to Exclude Fed Retail CBDC Issue
Washington State Passes Bill Aiming to Expand Local Blockchain Adoption
India 30% Crypto Tax
📚Noteworthy Reads
Ethereum Daily’s Thread on ZkSync
The DeFi Edge’s Thread on How to Build a Career in Crypto or Web3
0xRusowky’s Read on Own Your Attention Back
Feel free to reach out to manoppomarco@gmail.com — feedbacks and constructive criticisms are much appreciated.