Governance
Censorship
Op-Ed: Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network
Roughly 63% of all Ethereum blocks produced in the last 24 hours were OFAC compliant. Industry experts ask "why is nobody talking about this?"
Trading
Crypto short liquidation cross $750M in 4 hours as Bitcoin reclaims $20k
Short liquidations hit a 3-month high as Bitcoin wipes out $356M in less than four hours
Staking
Total staked Ethereum surpasses 14 million in Q3 amid 64% decline in price
Ethereum staking appears to be entirely detached from the price of ETH as the TVL surpasses $19B once more
Mining
Nic Carter ‘disappointed’ by lack of original research in White House report on Bitcoin mining
The WhatBitcoinDid podcast spoke to Nic Carter to discuss the major issues within the latest White House report on Bitcoin mining.
Legal
Bithumb owner to receive 8-year jail term for $70M fraud – local media
Lee Jung-hoon apologises for "making it difficult for employees and causing social pressure" as prosecution requests 8-year sentence
Adoption
Financial web3 project userbases decline; blockchain gaming has 5x user retention versus web2
According to on-chain data compiled by Cluster the majority of web3 projects saw a decline in YoY user growth. Yet - web3 gaming records better user retention than the average web2 games
Hacks
On-chain data reveals Binance US, Bittrex also targeted by API attack used on FTX
A new attack vector led by low spot volume on crypto exchanges has been identified by X-explore and WuBlockchain
Scams
Mango Markets hacker rugpulls Mango Inu after warning investors would “definitely lose all your money”
Avraham Eisenberg has admitted to rug pulling Mango Inu but claims it was all done legally.
Regulation
Wintermute CEO argues Crypto Twitter “doesn’t matter” as much as “US regulators, politicians” in response to SBF discourse
FTX CEO Sam Bankman-Fried is in the middle of a heated debate on crypto regulation. Wintermute CEO Evgeny Gaevoy added his comments on Sunday on the state of affairs
Research
Research: How Bitcoin and Ethereum compare to Global Currencies so far in 2022
Cryptocurrencies see reduced volatility as major global fiat currencies show signs of weakness
Web3
Algorand CTO responds to criticisms of centralization and permissioned nature of blockchain
John Woods, CTO of Algorand has accepted "It's vital to be able to consider and accept critical views!" while denying that the chain is either centralized or permissioned
Technology
Aptos engineer – first 24 hours blockchain performance indicates chain “isn’t even breaking a sweat”
Founding Engineer of Aptos, Josh Lind, has presented a full breakdown of network highlights for the launch of the Aptos Blockchain stating "We’re excited for more users to take advantage of Aptos"
