Governance
Bankruptcy
DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen
Only the lending arm of Genesis has filed for bankruptcy while DCG still has $526M in debt owed to Genesis by May 2023
Research
Research: Market hedged the shortest amount in over 2 years as Bitcoin rose to $21k
The purchase of roughly $200 million in Bitcoin on spot trading markets was enough to force massive short liquidations due to dwindling volume.
AI
AI avatars launch on Polygon as CharacterGPT brings NPCs to life
AI NFTs that can be trained to respond like real people are coming to Polygon
Crime
Crypto ransomware payments fall 40% in 2022
Ransomware payments fell $309M in 2022 from a high of $766M in 2021 as victims refuse to pay OFAC sanctioned attackers
Adoption
IPwe, Casper Labs converting 25 million patents to NFTs as enterprise blockchain usage grows
Patent industry to be overhauled with dynamic NFT usage to track IP management
Bankruptcy
Genesis rumored to be preparing bankruptcy filing as soon as next week
A prepackaged bankruptcy filing is looking increasingly likely as Genesis fails to secure funds
CBDCs
Spanish central bank approves digital Euro token EURM
Monei to issue El Banco de España digital currency pilot to last up to 12 months.
Bankruptcy
Breakdown of current FTX assets shows $3.5B in crypto, $250M in real estate
FTX's total assets have been disclosed in a new court filing including roughly $5B of transactions under review
Bankruptcy
Alameda had $65B artificial credit line, 43,000% more than FTX market makers
FTX had a 'god mode' for a small group of users that allowed for uncollateralized borrowing without record
Analysis
Bitcoin moves toward neutral sentiment on Fear & Greed index
Market sentiment has moved away from 'extreme fear' as Bitcoin rallies toward $21,000.
DeFi
Decentralized hiring process leads to unique perspective on transparency in DeFi industry – SlateCast #48
Talking to Jared Grey, the Head Chef of SushiSwap about transparency in DeFi, the future of the industry, and running a DAO for the first time
The Importance of non-custodial solutions & the Nexo Wallet roadmap – SlateCast #47
Examining the web3 user experience: Inside the development of the Nexo Wallet
