Governance
Opinion
Op-ed: How revolutionary new Circle update allows cross-chain swaps and NFTs without bridged assets
USDC may be centralized but its new composability opens up a world of possibilities across crypto and may be a fair trade off for an interoperable web3
Interview
Cozies look to tackle web3’s crypto-bro, degen culture through Hygge ‘cozy’ culture NFTs
Cozies is an NFT project for those who prefer a more cozy experience in life from Asia Blockchain Summit founder Andrew Fai.
Adoption
USDC, Axelar’s new protocol has bridge-free cross-chain swaps; does away with bridged tokens
Cross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge
Analysis
Ethereum records 1st deflationary month in history as circulating supply declines
Ethereum supply since The Merge has risen just 3,620 ETH with a negative supply growth over the past month indicating Ethereum has achieved deflationary status
Rumors
$590M BNB moved to Tether-blacklisted wallet amid rumors of Binance hack
2M BNB tokens were moved to a wallet that was immediately blacklisted by Tether - the BNB chain has been paused
Bear Market
Bitcoin outperforms traditional crypto stocks in 2022 by up to 22%
MicroStrategy leads crypto stocks losing only 2% more than Bitcoin throughout 2022.
Scams
De.Fi REKT list reveals 18% decrease in lost DeFi funds during September totaling $170M
DeFi saw over $60 billion wiped out in 2022 but September saw a continued downtrend in recorded losses
Metaverse
Genokishi up 26% in September as project rebrands to the GENSO metaverse
The GENSO metaverse token MV is up 26% since Sept. 19, as project launches the second Gensokishi open beta
Memecoins
DOGE up 8% as Elon Musk makes new acquisition offer for Twitter
Elon Musk offers $54.20 per share for Twitter as deal is back on the cards and possibility of Dogecoin integration re-emerges
DeFi
New Sushi Head Chef promotes asset-backed tokens, receives 83% of vote
Jared Grey has been appointed as the new Head Chef for Sushi and has strong beliefs in asset-backed tokens as the future of DeFi
Investments
Uniswap Labs rumored to be raising $100M in funding at a $1B valuation
Techcrunch reported that Uniswap Labs is being valued at $1B ahead of a proposed new $100M funding round
Hacks
Wintermute hack replicated on simple laptop in under 48 hours by exploiting Profanity flaw
A standard M1 Macbook with 32GB of RAM was able to crack the Wintermute private key in less than 48 hours
