This week in crypto #12:

Total stats since EIP-1559


Rewards: 381,816 ETH
Burned: 172,718 ETH
Tips: 51,901 ETH
Net Issuance: 209,118 ETH
Net Reduction: 45.23%

News:



C.R.E.A.M Finance $18.8m exploit
https://twitter.com/peckshield/status/1432249600002478081
https://twitter.com/CreamdotFinance/status/1432249771750686721

Arbitrum is live!
https://offchain.medium.com/mainnet-for-everyone-27ce0f67c85e

Arbiscan
Arbiscan.io

Twitter appears to be adding the ability to tip using Bitcoin
https://www.theblockcrypto.com/post/116320/twitter-appears-to-be-adding-the-ability-to-tip-using-bitcoin

El Salvador approves $150 million trust fund to support bitcoin ambitions
https://www.theblockcrypto.com/linked/116200/el-salvador-approves-150-million-trust-fund-to-support-bitcoin-ambitions

ParaSwap Brings DEX Aggregation to the Avalanche Rush Program
https://medium.com/avalancheavax/paraswap-brings-dex-aggregation-to-the-avalanche-rush-program-a99d51ea56c0

Introducing: Mango v3
https://twitter.com/mangomarkets/status/1432773149721075712

Solana IGNITION
https://twitter.com/solana/status/1432737294004359170

Mapping out Avalanche's ecosystem
https://www.theblockresearch.com/updated-mapping-out-avalanches-ecosystem-115871

Fantom announced a massive 370m $FTM incentive program
https://twitter.com/0xKepler/status/1432349279910342663

Celo launches $100m fund to support DeFi adoption
https://www.finextra.com/pressarticle/89071/celo-launches-100m-fund-to-support-defi-adoption

zkSync 2.0 Developer Update
https://medium.com/matter-labs/zksync-2-0-developer-update-d25417f16446

Counterfactual Wallet & NFTs on Loopring
https://medium.com/loopring-protocol/counterfactual-wallet-nfts-on-loopring-229d38a3c28a

Balancer Protocol Live on Arbitrum to Scale DeFi Liquidity
https://medium.com/balancer-protocol/balancer-protocol-live-on-arbitrum-to-scale-defi-liquidity-c94c16ba9a43

Bitcoin Exchange Founded By Billionaire Sam Bankman-Fried Acquires CFTC License
https://www.forbes.com/sites/stevenehrlich/2021/08/31/us-bitcoin-exchange-backed-by-billionaire-sam-bankman-fried-moves-into-crypto-derivatives

Bitcoin-Friendly Robinhood May Have to Abandon Main Revenue Stream
https://decrypt.co/79814/bitcoin-friendly-robinhood-may-have-abandon-main-revenue-stream

After passing $1T in crypto transactions, Blockchain.com CFO hints at going public in 2023
https://cointelegraph.com/news/after-passing-1t-in-crypto-transactions-blockchain-com-cfo-hints-at-going-public-in-2023

TikTok changed its policies, now cryptocurrency influencers consider moving to rival platforms
https://www.cnbc.com/2021/08/25/tiktok-policy-change-hurt-cryptocurrency-creators.html

Billionaire Bill Miller takes plunge into GBTC with 1.5 million shares
https://www.theblockcrypto.com/linked/115887/billionaire-bill-miller-takes-plunge-into-gbtc-with-1-5-million-shares

Greeden-geth by MEV Senpai, Nathan Worsley, Eran Ralf and GrugCapital
https://twitter.com/mevintern/status/1432114806895648770

Bilaxy Exchange hacked
https://twitter.com/Bilaxy_exchange/status/1431794319795494913

ZapperFi are building a wallet
https://twitter.com/sebaudet26/status/1431817376543256578

@AndreCronjeTech reveals the strategic partnership between Eden Network and @thekeep3r. Andre has acquired 602,409 EDEN to make K3PR a slot tenant.
https://twitter.com/EdenNetwork/status/1431298433231511554

Jack wants to build a decentralized Bitcoin exchange
https://twitter.com/Blockworks_/status/1431323074104893445

Morgan Stanley Loads Up on $240 Million in Grayscale Bitcoin Shares
https://decrypt.co/79546/morgan-stanley-loads-240-million-grayscale-bitcoin-shares

MetaMask Is Open to Creating Its Own Crypto Token
https://cryptobriefing.com/metamask-is-open-to-creating-its-own-crypto-token/

‘Shadowy Super Coder’ Pack Offers $315M of Perks for Ethereum NFT Devs
https://decrypt.co/79422/shadowy-super-coder-pack-315m-perks-ethereum-nft-devs

‘Entourage’ Producer to Make Series About Crypto
https://decrypt.co/79431/entourage-producer-make-series-crypto

Alleged Dogecoin Mining Scam Rakes In $119 Million: Reports
https://decrypt.co/79511/dogecoin-mining-scam-119-million-reports-turkey

Coinbase appoints Facebook vet as chief marketing officer
https://www.theblockcrypto.com/linked/115764/coinbase-appoints-facebook-vet-as-chief-marketing-officer

Microsoft wins US patent for ‘ledger-independent token service’
https://cointelegraph.com/news/microsoft-wins-us-patent-for-ledger-independent-token-service

NFTs:




NFT Wrap: The $2 billion month
https://www.theblockcrypto.com/post/115936/nft-wrap-the-2-billion-month

TokenInsight Crypto NFT Industry Report 2021 Q2&Jul
https://tokeninsight.com/report/2829

NBA Star Stephen Curry Buys Ethereum Bored Ape Yacht Club NFT for $180K
https://bitcoinpress.co.uk/nba-star-stephen-curry-buys-ethereum-bored-ape-yacht-club-nft-for-180k/

Bored Ape Yacht Club Sells $96 Million of Mutant Ape NFTs in One Hour
https://decrypt.co/79718/bored-ape-yacht-club-sells-96-million-of-nfts-in-hour-for-mutant-apes-launch

The Bored Ape Founders Haven’t Yet Joined the Yacht Club - How an NFT juggernaut emerged from a grimy bar in Miami
https://www.coindesk.com/business/2021/09/01/the-bored-apes-founders-havent-yet-joined-the-yacht-club/

Fake Banksy NFT Sells for $338K in Ethereum, Scammer Returns Funds
https://decrypt.co/79873/fake-banksy-nft-sells-338k-ethereum-scammer-returns-funds

Tennis Star Naomi Osaka Says Dogecoin Piqued Her Interest in Crypto, NFTs
https://decrypt.co/79906/tennis-star-naomi-osaka-dogecoin-crypto-nfts

How NFT Giant OpenSea’s $3 Billion Month Compares to Amazon, eBay and Etsy
https://decrypt.co/79789/opensea-3b-month-ethereum-nft-sales-amazon-ebay-etsy

Analyzing the NFT Stack
https://twitter.com/0xdots/status/1432635430025846791

Dark Forest Capital on Illuvium
https://twitter.com/DarkForestCap/status/1432798240169238530

Paradigm - NFT floor perps
https://www.paradigm.xyz/2021/08/floor-perps/
https://twitter.com/cindyleowtt/status/1432832155550244870

Full DNS Namespace Integration to ENS Now on Mainnet
https://medium.com/the-ethereum-name-service/full-dns-namespace-integration-to-ens-now-on-mainnet-9d37270807d3

NFT Floor Price Market & Potential Collaboration with Paradigm
https://dao.alphafinance.io/proposal/discussion/1674-nft-floor-price-market-potential-collaboration-with-paradigm/

doge nft rides into fractional ownership with dog tokens
https://www.bloomberg.com/news/articles/2021-08-31/doge-nft-rides-into-fractional-ownership-with-dog-tokens

Star Atlas Breaks The Internet
https://apollo-x.medium.com/star-atlas-breaks-the-internet-4436460fd25a

A thread to catch you up on everything you need to know for the @Immutable Token Sale on Sept. 8
https://twitter.com/playtern/status/1432567118508163079

Yearn Finance has issued a grant to @atlantis0x to help build a 2d pixel metaverse
https://twitter.com/iearnfinance/status/1432387438014435332

How to create your own NFT Auction House using ZORA
https://zine.zora.co/create-auction-house

DeFi alliance launching a gaming accelerator
https://twitter.com/defialliance/status/1432757882374737921

Why you should tighten your OpSec when minting NFTs from new contracts! by @hoaktrades
https://twitter.com/hoaktrades/status/1432729468532101122

UTA Signs NFT Art Projects CryptoPunks, Meebits and Autoglyphs
https://www.hollywoodreporter.com/business/digital/uta-cryptopunks-nft-film-tv-vieo-games-1235005392/

Amitabh Bachchan NFT Collection Has Unique Artworks, Father's Poems
https://www.ndtv.com/business/amitabh-bachchan-launches-limited-nft-collection-becomes-first-indian-actor-to-do-so-2524407

Binance NFT Launches Premium NFT Collection by The State Hermitage Museum: Featuring Tokenized Artworks of Leonardo da Vinci & More
https://www.binance.com/en/support/announcement/2bebd933495c4fe6aac535a5b2f27bf8

NFT platform Art Blocks breaks record with $5.8 million sale
https://www.theblockcrypto.com/post/115845/nft-platform-art-blocks-smashes-record-sale-price

𝗦𝘂𝗽𝗲𝗿𝗕𝘂𝗻𝗻𝗶𝗲𝘀 𝗣𝗿𝗲-𝗥𝗲𝘃𝗲𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
https://twitter.com/heybentan/status/1431981575114084369

NFTs and the Fantom-enabled Creator Economy
https://fantom.foundation/blog/nfts-and-the-fantom-enabled-creator-economy/

Bored Apes Yacht Club (+Kennel) will be auctioned by Sotheby's
https://twitter.com/Sothebys/status/1431617671842381831

A quick thread about Cryptovenetians
https://twitter.com/punk6333/status/1431714126082965512

A quick thread about CryptoPunks by 0x650d
https://twitter.com/0x650d/status/1431816218709798914

Evolving User + Business Behaviors and the Metaverse
https://www.matthewball.vc/all/userbehaviorsmetaverse

REKT - A PIECE OF ART
https://www.rekt.news/a-piece-of-art/

Animoca Brands Joins Forces with Space Epic Star Atlas
https://nftplazas.com/animoca-brands-joins-star-atlas/

On buying your first NFT
https://twitter.com/punk6529/status/1431931687034830850

tips for getting exposure to the NFT world without having to own JPEGs
https://mobile.twitter.com/ColdBloodShill/status/1431014216404770818

NFT Radar – Players Have Earned $1,000,000 in the Upland.me Metaverse
https://www.nftradar.org/nft-radar-players-have-earned-1000000-in-the-upland-me-metaverse/

UTA Signs Social Token Platform Rally To Connect “Crypto-Interested Talent” With Fans
https://deadline.com/2021/08/uta-rally-nft-cryptocurrency-digital-1234820605/

Raises:




Exponent Closes $2.7m Seed Round
https://exponent-ai.medium.com/exponent-closes-2-7m-seed-round-203f156601d8

Hats raises $3.5M in seed funding to create an incentivized cybersecurity network.
https://hatsfinance.medium.com/hats-raises-3-5m-in-seed-funding-to-create-an-incentivized-cybersecurity-network-600bd4d1c84b

Polkadot’s Parallel Finance Raises $22M at $150M Valuation
https://www.coindesk.com/tech/2021/08/30/polkadots-parallel-finance-raises-22m-at-150m-valuation/

DeFi Analytics Community UniWhales Raises $2.2M for DAO Transition
https://www.coindesk.com/tech/2021/08/31/defi-analytics-community-uniwhales-raises-22m-for-dao-transition/

Offchain Labs raises $120 million to fix Ethereum’s shortcomings with its Arbitrum product (what a crappy headline lol)
https://techcrunch.com/2021/08/31/offchain-labs-raises-120-million-to-hide-ethereums-shortcomings-with-arbitrum-scaling-product/

Igniting the team and community to build the standard communication protocol for web3 together
https://blog.xmtp.com/series-a/

Syndicate Raises $20M Series A to Scale Community-Driven Investing Platform
https://syndicate.mirror.xyz/BYU6CUG4k4hRx7HMviApYAxpEpIhe-mMDhzyBy580tU

Thai crypto exchange Zipmex raises $41 mln from Bank of Ayudhya, others
https://www.reuters.com/article/thailand-crypto-currency/thai-crypto-exchange-zipmex-raises-41-mln-from-bank-of-ayudhya-others-idUSL4N2Q2120

Exclusible 2.2m seed round
https://www.linkedin.com/posts/exclusible_announcing-a-22m-seed-round-digital-luxury-activity-6838365530320093184-PTD_/

Waterfall DeFi, a true risk tranching protocol, closed a $2M seed round
https://cointelegraph.com/press-releases/waterfall-defi-a-true-risk-tranching-protocol-closed-2m-seed-round

Fingerprints DAO welcomes a16z, variant, consensys mesh and other funds
https://twitter.com/FingerprintsDAO/status/1433171214969737219

Hyype $1.5m seed round
https://twitter.com/hyypeHQ/status/1433101142406451202

UXD Protocol Announces $3 Million Seed Round led by Multicoin Capital
https://uxdprotocol.medium.com/uxd-protocol-announces-3-million-seed-round-led-by-multicoin-capital-f5037c001a87

xmtp announce $20m Series A led by a16z
https://twitter.com/mg/status/1432748652125114376

1inch Network is looking to raise Series B at a $2.25 billion valuation
https://www.theblockcrypto.com/news+/115771/1inch-network-series-b-plans-2-25-billion-valuation

Paradigm and Founders Fund lead $16 million investment in 3LAU's NFT music platform Royal
https://www.theblockcrypto.com/linked/115611/nft-music-platform-founded-3lau-16-million-seed-round-paradigm-founders-fund

Avalanche-based DeFi protocol Trader Joe raises $5 million from Three Arrows Capital and others
https://www.theblockcrypto.com/post/116439/avalanche-defi-protocol-trader-joe-funding-three-arrows-capital

'Vincent Van Dough' launches NFT fund with Three Arrows Capital founders, plans to raise $100 million
https://www.theblockcrypto.com/post/115996/vincent-van-dough-nft-fund-three-arrows-capital-100-million

Newly formed DeFi Education Fund announced first round of grants, totaling $195,000
https://www.theblockcrypto.com/linked/115962/newly-formed-defi-education-fund-announced-first-round-of-grants-totaling-195000

Gamers Pledge $203M in 'Ember Sword’s' Virtual Land Sale
https://www.coindesk.com/business/2021/08/04/gamers-pledge-203m-in-ember-swords-virtual-land-sale/

Fox Corporation backs Eluvio's $100M raise as part of its content plan for NFTs
https://cointelegraph.com/news/fox-corporation-backs-eluvio-s-100m-raise-as-part-of-its-content-plan-for-nfts

Regulation:



Government of Cuba Says It Will Recognize, Regulate Cryptocurrencies
https://decrypt.co/79567/government-cuba-says-will-recognize-regulate-cryptocurrencies

DeFi Regulation Could Hit Prices of Hottest Ethereum Tokens: eToro CEO
https://decrypt.co/79587/defi-regulation-impact-price-of-defi-tokens-etoro-ceo-yoni

Swedish Government Returns Over $1 Million in Bitcoin to Drug Dealer
https://decrypt.co/79012/swedish-government-returns-over-1-million-bitcoin-drug-dealer

India CBDC pilot may commence in December, says RBI governor
https://cointelegraph.com/news/india-cbdc-pilot-may-commence-in-december-says-rbi-governor

Senator Toomey calls for suggestions on US crypto legislation
https://www.theblockcrypto.com/linked/115696/senator-toomey-calls-for-suggestions-on-us-crypto-legislation

Brazil’s Federal Police seizes nearly $28 million in crypto
https://www.theblockcrypto.com/linked/115738/brazils-federal-police-seizes-nearly-28-million-in-crypto

AriseCoin Inventor Sentenced to Five Years For $4.25 Million Scam
https://decrypt.co/79451/arisecoin-inventor-sentenced-to-five-years-for-4-25-million-scam

Additional Reads:


How to create an NFT: A guide to creating a nonfungible token
https://cointelegraph.com/nonfungible-tokens-for-beginners/how-to-create-an-nft

how to NFT on Solana by @vatn42
https://twitter.com/vatn42/status/1432986529014722560

Vitalik Buterin's twitter AMA - extremely interesting
https://twitter.com/VitalikButerin/status/1433195737907564545

Alpha Loot - wtf is loot and what freebies can you get
https://alphaleak.substack.com/p/alpha-loot

parallel EVM execution engine by @brokjelmore
https://twitter.com/brockjelmore/status/1433189610797113357

FTX US crypto market share continues to surge
https://twitter.com/HideNotSlide/status/1432862023629611013

What is Terra?
https://twitter.com/stablekwon/status/1432945210816745477

A quick look at loyalty in the largest DeFi protocols
https://www.theblockresearch.com/a-quick-look-at-loyalty-in-the-largest-defi-protocols-112059

Cohort analysis of the largest DeFi protocols on Ethereum
https://www.theblockresearch.com/cohort-analysis-of-the-largest-defi-protocols-on-ethereum-116103

Who Disrupts the Disrupters?
https://www.notboring.co/p/who-disrupts-the-disrupters

Social Token Paradox - In the metaverse, when we look in the mirror, who do we see?
https://gaby.mirror.xyz/zqchiBQhWWS49gaabLU92-BUUwfBL5aHCtNT88VTI8o

a deeper look at the incentive programs of @avalancheavax, @celoorg, and @fantomFDN
https://twitter.com/Delphi_Digital/status/1432780161091608583

Bitpanda’s Success Is Thanks to Timing and Poker
https://www.coindesk.com/business/2021/08/30/bitpandas-success-is-thanks-to-timing-and-poker/

Ethereum monetary policy and EIP-1559
https://www.theblockresearch.com/ethereum-monetary-policy-and-eip-1559-115676

Curve Finance and the veCRV reward meta
https://miyuki.substack.com/p/curve-finance-and-the-vecrv-reward

ARweave investment thesis - egirl capital
https://www.egirlcapital.com/portfolio/Arweave

Fantom , Celo, and Avalanche Incentive program comparison
https://twitter.com/0xkydo/status/1432546682286137349

The Metaverse Value-Chain
https://medium.com/building-the-metaverse/the-metaverse-value-chain-afcf9e09e3a7

Qiao Wang on various dev ecosystems
https://twitter.com/QwQiao/status/1432420797549789187

SegWit vs EIP-1559 adoption by @bantg
https://mobile.twitter.com/bantg/status/1431082034420764681

Article: The Billion User Table by @jonst0kes summarized by @0xshub (ScribeDAO)
https://twitter.com/0xshub/status/1431967568609243143

Frax Finance: The Fractional-Algorithmic Bank (Alec Korman, mechanism capital)
https://www.mechanism.capital/frax/

[Weekly] Market Return on StableCoin-based Strategies（30 August 2021)
https://serenityfund.medium.com/weekly-market-return-on-stablecoin-based-strategies-30-august-2021-c94cec0ad1ba

Andre Cronje about KP3R being a fee earning asset
https://twitter.com/AndreCronjeTech/status/1432180497782824966

The most famous game in China has released a native token - DRACO
https://twitter.com/WuBlockchain/status/1431884884407058436

Do NFT Projects Dump Your Ether?
https://www.nansen.ai/research/do-nft-projects-dump-your-ether

Coin98's weekly DeFi report
https://coin98analytics.substack.com/p/defi-report-week-34

Convex Continues Compounding CRV
https://www.delphidigital.io/reports/convex-continues-compounding-crv/

V2x Revisited by Kain Warwick
https://blog.synthetix.io/v2x-revisited/

Joining a fund vs being an angel investor by Darren Lau
https://twitter.com/Darrenlautf/status/1431648212016779268

Coinbase: Lessons from WhatsApp on international expansion
https://blog.coinbase.com/lessons-from-whatsapp-on-international-expansion-56ad133e65bf?gi=5093e12f2d62

Understanding Index Coop Pt 1
https://defiweekly.substack.com/p/understanding-index-coop-pt-1

DeFi's first M&A Deal, $600m Stolen then Returned & Uniswap Governance Drama
https://defiweekly.substack.com/p/defis-first-m-and-a-deal-600m-stolen

Demistifying Digital Identity
https://blog.ceramic.network/demistifying-digital-identity/

Ethereum had a chain split this morning. Here's what happened.
https://twitter.com/kelvinfichter/status/1431336698911338496

Open Sourcing Our Token Delegate Program
https://a16z.com/2021/08/26/open-sourcing-our-token-delegate-program/

Investment DAO: The Next Generation VC Fund
https://crypto.writer.io/p/investment-dao-the-next-generatio

Podcasts:


Blockchain Primitives: Cryptography and Consensus - a16z crypto school
https://a16z.com/crypto-startup-school/?video=2

PLAY-TO-EARN | NFT Gaming in the Philippines
https://www.youtube.com/watch?v=Yo-BrASMHU4

What is Tokemak? @banklesshq interview w/ Founder @LiquidityWizard
https://twitter.com/Oopshah/status/1432095152038895622

How Yield Guild Games Scaled to $8B with "Play to Earn" Games - Gabby Dizon, Ep. 161
https://www.youtube.com/watch?v=otZOa07_QqA

The Game Theory of Crypto - with Jordi Alexander, Su Zhu, and Hasu - Uncommon Core by Su Zhu and Hasu
https://uncommoncore.co/30-the-game-theory-of-crypto-with-jordi-alexander-su-zhu-and-hasu/

The TIE Podcast #3: Dylan and Ian, Co-Founders of Saber
https://www.youtube.com/watch?v=fZvlRADfGHE

Chris Dixon: Crypto Networks and Why They Matter
https://www.youtube.com/watch?v=2wxtiNgXBaU

The Dangers of Token Integration - Secure Development Series
https://www.youtube.com/watch?v=6GaCt_lM_ak

Podcast Notes: DefiNFT
https://twitter.com/The_ReadingApe/status/1431232528833122305

"How to value DeFi tokens" by @BanklessHQ a summary for @scribeDAO
https://twitter.com/GoolagCrypto/status/1431295836596494337

Mutant Apes Bank $96 Million – Nifty News #88 for Tuesday, Aug 31
https://theniftyshow.com/mutant-apes-bank-96-million-nifty-news-88-for-tuesday-aug-31/

The New Creator Economy - DAOs, Community Ownership, and Cryptoeconomics
https://dev.to/dabit3/the-new-creator-economy-daos-community-ownership-and-cryptoeconomics-lnl

Gabby Dizon - Mapping the Metaverse Economy - [Founder’s Field Guide, EP. 49]
https://open.spotify.com/episode/26JG0S7dG5ikjMY13lK0AQ

Alpha:




Amazing L2 dashboards and overview
https://l2beat.com/

MEValphaleak's BetaRPC-setup
https://github.com/mevalphaleak/BetaRPC-setup
KUU

https://twitter.com/KuuFinance/status/1428025338945282051

Introducing Tracer's Perpetual Pools
https://twitter.com/TracerDAO/status/1431202378619912196

Upcoming WAX releases
https://wax.guide/

FWB x ZORA hackathon
https://twitter.com/ourZORA/status/1431693252453810177

Hope you have a lovely weekend and that this week's dump brings you value. ♥

We Like the Loot
Projects
LootLoose
https://twitter.com/gakonst/status/1433596713189711872

Lootproject.com -> Community run resource
https://twitter.com/_anishagnihotri/status/1433472446678642698

PartyDAO Bid for Bag #7658
https://twitter.com/Daryllautk/status/1433524238737186821

AGLD on Aave
https://twitter.com/StaniKulechov/status/1433540937238540288

Checkout your synthetic loot bag items
https://twitter.com/tanishqxyz/status/1433521111451373626

Heroes
https://twitter.com/viamirror/status/1433560941744906244

Lootmart
https://twitter.com/jonjyan/status/1433574906411765760

Name
https://twitter.com/boredGenius/status/1433587853833826304

Reads
Not3Lau likes the loot
https://twitter.com/Not3Lau_Capital/status/1433081043431538694

Robot Ventures likes the loot
https://twitter.com/robotventures/status/1433460521290846214

JPEG The Jeweller
https://cryptohayes.medium.com/jpeg-the-jeweler-f626c40384cf

Loot is a viral social network that looks like nothing you’ve ever seen
https://twitter.com/fomosaurus/status/1433610822467702785

The Loot project flips the noscript on NFTs
https://techcrunch.com/2021/09/03/loot-games-the-crypto-world/?guccounter=1

Loot Explained
https://metaversal.banklesshq.com/p/loot-explained-

Threads
https://twitter.com/0xShual/status/1433602692849586182

Listings
AGLD - Huobi + Okex
FTX Soon? Alameda bought 👀
https://etherscan.io/tx/0x12821aeea3ecaeb9e3970af2f95860267314475bf918468dac3bc838f5a7e208

This week in crypto #13:


Burned: 259,405 ETH
Rewards: 476,209 ETH
Tips: 72,163 ETH
Net Issuance: 216,800 ETH
Net Reduction: 54.47%

News:



Bitcoin Crashes 10% in Hours as Crypto Market Sheds $300 Billion
https://decrypt.co/80381/bitcoin-price-crashes-crypto-market-sheds-300-billion

A quick overview of what happened in DeFi during the dump
https://twitter.com/eliasimos/status/1435561287350722561

DeFi trading platform dYdX opens access to its governance token
https://www.theblockcrypto.com/linked/117017/defi-trading-platform-dydx-opens-access-to-its-governance-token
https://twitter.com/poltrackrr/status/1434571992167075842

dYdX Trading Inc. — Investor Update, September 2021
https://antonio-dydx.medium.com/dydx-trading-inc-investor-update-september-2021-cb22edb2f84c

Layer by Layer Week 5: An Update on Avalanche, Solana, Binance Smart Chain, Cosmos, and Terra
https://www.theblockresearch.com/layer-by-layer-week-5-an-update-on-avalanche-solana-binance-smart-chain-cosmos-and-terra-116564

LIDO is coming to Polygon
https://twitter.com/0xPolygon/status/1433814593327992834

Composable Enables Participation in the Picasso Crowdloan using ERC-20 Stablecoins
https://twitter.com/ComposableFin/status/1434195789270687747

Rabby — Release V0.12
https://medium.com/@rabby_io/rabby-release-v0-12-213b900eb458

Bitfinex launches new exchange for trading tokenized equities and bonds
https://www.theblockcrypto.com/post/116728/bitfinex-securities-new-exchange-tokenized-equities-bonds

Project Shutdown: Cover & Ruler
https://defited.medium.com/project-shutdown-cover-ruler-bb2df50e2a95
https://twitter.com/5outh53a/status/1434459524971122694
https://twitter.com/jurad0x/status/1435082158364930049

Ethereum's first deflationary day ever
https://twitter.com/DocumentEther/status/1434063085229150216

DeFi TVL on multiple blockchains
https://twitter.com/Coin98Analytics/status/1434495054530236425

Changes to Binance Offerings in Singapore
https://www.binance.com/en/support/announcement/a38b8ee33ba847f9b91562b8709fe539

Crypto’s Rapid Move Into Banking Elicits Alarm in Washington
https://www.nytimes.com/2021/09/05/us/politics/cryptocurrency-banking-regulation.html

Alpha Buy Wall - a SC that allows bidders to bid for NFT by Alpha Finance
https://twitter.com/AlphaFinanceLab/status/1434802203290574853

Steph Curry secures deal with crypto platform FTX
https://fortune.com/2021/09/07/nba-steph-curry-ftx-deal-cryptocurrency-platform/

88MPH v3 is live
https://twitter.com/88mphapp/status/1435321600673472526

FTX NFTs, current state, philosophy, and roadmap
https://twitter.com/Brett_FTXUS/status/1435319688733544448

Crypto’s latest trend is to play games before they’re even built
https://www.theblockcrypto.com/post/116746/cryptos-latest-trend-is-to-play-games-before-theyre-even-built

Thales tokenomics: Introducing THALES token
https://thalesmarket.medium.com/thales-tokenomics-introducing-thales-token-3aab321174e7

Introducing CoinList Karma: Earn Rewards For Advancing Crypto
https://blog.coinlist.co/introducing-coinlist-karma-earn-rewards-for-advancing-crypto/

DeFi stablecoins interest rates continue to increase
https://twitter.com/CoinbaseInsto/status/1435171211894566914

Australian crypto businesses tell Senate inquiry about being de-banked up to 91 times
https://cointelegraph.com/news/australian-crypto-businesses-tell-senate-inquiry-about-being-de-banked-up-to-91-times

Binance Completes Avalanche (AVAX) C-Chain Integration
https://www.binance.com/en/amp/support/announcement/1ff0abf802ae4a2eb9527b01f8859d3f

Over $4B in Bitcoin open interest has been cleared during this sell-off
https://twitter.com/glassnode/status/1435341280574271493

Coinbase insiders dump $250M stock in 1 month as share price recovers
https://protos.com/coinbase-stock-250-million-in-one-month-share-price-coin/

El Salvador has just bought it’s first 200 Bitcoins
https://twitter.com/nayibbukele/status/1434968475928248331

Binance US Expected to Go Public in 3 Years, Says CEO
https://decrypt.co/80020/binance-us-expected-go-public-3-years-says-ceo

The Indexes Are Unlocking More Efficient DeFi Exposure
https://quantstamp.com/blog/the-indexes-unlocking-more-efficient-defi-exposure

NFTs:



FTX Launches Cross-Platform NFT Marketplace
https://news.bitcoin.com/ftx-launches-cross-platform-nft-marketplace/

And the very first FTX NFT - "Test" - sold for $270,000
https://hypebeast.com/2021/9/ftx-nft-handwritten-test-270k-usd

Dolce & Gabbana knocking on the Dior of NFTs
https://twitter.com/dolcegabbana/status/1434912403175641089

Loot Explained by Bankless
https://metaversal.banklesshq.com/p/loot-explained-

Loot's ecosystem for beginners
https://twitter.com/lililashka/status/1433017503945482248/photo/1

LOOT IS A VIRAL SOCIAL NETWORK THAT LOOKS LIKE NOTHING YOU’VE EVER SEEN
https://www.theverge.com/22655077/loot-social-network-open-source-nft

To every developer who is doing an NFT drop — how to save your apes millions of dollars by @richerd
https://twitter.com/richerd/status/1432755637440577538

Playboy NFTs
https://twitter.com/Playboy/status/1433860840185221120

Star Atlas Galactic Asset Offering
https://twitter.com/staratlas/status/1433784672560025601

How the most profitable NFT collectors decide what to invest in
https://www.theblockcrypto.com/news+/116524/how-the-most-profitable-nft-collectors-decide-what-to-invest-in

How select NFT collections fared during the September 7th crash
https://twitter.com/Adielyaakov/status/1436006718065025031

Rakuten to launch NFT marketplace
https://global.rakuten.com/corp/news/press/2021/0830_01.html

NFL reportedly bans teams from crypto advertisements and NFT sales
https://cointelegraph.com/news/nfl-reportedly-bans-teams-from-crypto-advertisements-and-nfts-sales

NFT sales and floor prices plummet as demand wanes and gas prices soar
https://cointelegraph.com/news/nft-sales-and-floor-prices-plummet-as-demand-wanes-and-gas-prices-soar

How did someone buy 1,000 NFTs from the Sevens drop
https://twitter.com/0xBender/status/1435327539761737728

Alpha Venturing Into The Metaverse with Provably Rare Gems
https://blog.alphafinance.io/alpha-venturing-into-the-metaverse-with-provably-rare-gems/

Bloot NFTs, X-Rated Spinoff of Loot, Hit $27M in Volume
https://decrypt.co/80306/bloot-nfts-x-rated-spinoff-of-loot-hit-27m-in-volume

OpenSea bug destroys $100,000 worth of NFTs, including historical ENS name
https://www.theblockcrypto.com/post/116924/opensea-bug-destroys-100000-worth-of-nfts-including-historical-ens-name

How do you identify a good NFT project?
https://twitter.com/sainteclectic/status/1435190621401018369

the 'michelin guide' to on-chain NFTs by @dhof
https://twitter.com/dhof/status/1410060181849919489

NFTs Boom Anew as DOG Coin Becomes $550 Million Asset Overnight
https://www.bloomberg.com/news/articles/2021-09-03/nfts-boom-anew-as-dog-coin-becomes-550-million-asset-overnight

Record Breaking NBA Top Shot Moment Sells For $230K. Bull Run Catalyst?
https://dgen.network/record-breaking-nba-top-shot-moment-sells-for-230k-bull-run-catalyst/

5 key insights from OpenSea's Polygon market
https://twitter.com/NiftyTabIe/status/1435928499349557253

Today LaLiga is becoming the first top 5 football league to sign a major NFT partnership
https://twitter.com/ni2las/status/1435934463716995075

How the NFT boom has changed the game for generative artists — and what that means for the future of the genre
https://www.theblockcrypto.com/news+/116957/nft-generative-art-future

Raydium: Introducing DropZone
https://raydium.medium.com/introducing-dropzone-2095bd78930c

Rarity by AndreCronje
https://twitter.com/AndreCronjeTech/status/1435634602744459281

Axie Infinity September Development Update
https://axie.substack.com/p/september

Why an Ethereum Game Is Buying Up NFTs, Including a $2.9M Bored Ape
https://decrypt.co/80497/why-ethereum-game-sandbox-buying-nfts-bored-ape

Steve Harvey Is the New Face of Solana’s NFT Boom
https://decrypt.co/80509/steve-harvey-new-face-solana-nft-boom

A collection of 101 Bored Apes just sold for $24,393,000 on Sothebys
https://twitter.com/Loopifyyy/status/1435966672356081671

Raises:



Play-to-earn gold rush as Crypto Gaming Guild and Zebedee raise millions from VCs
https://cointelegraph.com/news/play-to-earn-gold-rush-as-crypto-gaming-guild-and-zebedee-raise-millions-from-vcs

Tokenizing MEV — Multicoin led a $17.4m round in Eden Network
https://multicoin.capital/2021/09/08/tokenizing-mev/

@0x911's comments on why that's not good
https://twitter.com/0x9116/status/1435649726620356616

@0xPEPO chimes in
https://twitter.com/0xPEPO/status/1435694756533870598

Confessions of an Eden slot tenant
https://twitter.com/CryptoK64040782/status/1435818599088889857

bitsCrunch Successfully Closes an Oversubscribed Seed Round
https://bitscrunch.medium.com/bitscrunch-successfully-closes-an-oversubscribed-seed-round-39a11187e12e

Huobi Ventures, Chainsmokers back new $25 million fund investing in the metaverse
https://www.theblockcrypto.com/linked/116732/houbi-ventures-chainsmokers-back-new-25-million-fund-investing-in-the-metaverse

Cross-Chain Protocol DeBridge Gets $5.5M in Seed Funding Round Led by ParaFi Capital
https://www.coindesk.com/business/2021/09/07/cross-chain-protocol-debridge-gets-55m-in-seed-funding-round-led-by-parafi-capital/

DeFi Land raises $4.1M to launch decentralized finance game on Solana
https://cointelegraph.com/news/defi-land-raises-4-1m-to-launch-decentralized-finance-game-on-solana

SolRazr
https://twitter.com/Solrazr_App/status/1435490094643699712

Zenlink Completes Series A Funding Led by Alameda Research
https://medium.com/zenlinkpro/zenlink-completes-series-a-funding-led-by-alameda-research-965652a04e82

UXD Protocol Announces $3 Million Seed Round led by Multicoin Capital
https://uxdprotocol.medium.com/uxd-protocol-announces-3-million-seed-round-led-by-multicoin-capital-f5037c001a87

Parcel raises $2.5 million to build treasury management protocol for DAOs
https://www.theblockcrypto.com/linked/116550/parcel-money-funding-treasury-management-protocol-daos

Sypool Protocol private round is complete
https://twitter.com/SYP_Protocol/status/1434778752995643395

Snook closed private placement rounds raising $2.4m
https://twitter.com/Playsnook_com/status/1434447053573218307

Subquery raises $9m in private fundraising round
https://twitter.com/ICO_Analytics/status/1435531733529726982

Regulation:



SEC is investigating decentralized crypto exchange developer Uniswap Labs: Report
https://www.theblockcrypto.com/linked/116535/sec-investigating-uniswap-labs-report

US: SEC quietly signs deal to spy on crypto DeFi transactions
https://cryptoslate.com/us-sec-quietly-signs-deal-to-spy-on-crypto-defi-transactions/

Coinbase vs SEC
https://twitter.com/brian_armstrong/status/1435439291715358721
https://blog.coinbase.com/the-sec-has-told-us-it-wants-to-sue-us-over-lend-we-have-no-idea-why-a3a1b6507009

Thai SEC intends to revoke operating license of Huobi crypto exchange
https://cointelegraph.com/news/thai-sec-intends-to-revoke-operating-license-of-huobi-crypto-exchange

Republic of Panama introduces bill for regulating crypto
https://cointelegraph.com/news/republic-of-panama-introduces-bill-for-regulating-crypto

Ukraine passes legislation to recognize and regulate crypto
https://cointelegraph.com/news/ukraine-passes-legislation-to-recognize-and-regulate-crypto

SEC vs. Coinbase: Alex Mashinsky says Celsius will have to ‘wait and see’ on fallout
https://cointelegraph.com/news/sec-vs-coinbase-alex-mashinsky-says-celsius-will-have-to-wait-and-see-on-fallout

Binance pushes back against warning from South Africa regulator
https://cointelegraph.com/news/binance-pushes-back-against-warning-from-south-africa-regulator

British Financial Regulator Lays Out 3 Ways to Rein in Cryptocurrencies
https://decrypt.co/80287/british-financial-regulator-lays-out-3-ways-rein-cryptocurrencies

FDIC Nears Deal With Crypto Custodian to Manage Assets of Failed Banks
https://decrypt.co/80403/fdic-deal-crypto-custodian-anchorage-manage-assets-failed-banks

CFTC commissioner Dan Berkovitz to leave office next month
https://www.theblockcrypto.com/linked/117164/cftc-commissioner-dan-berkovitz-to-leave-office-next-month

Fresh out of the CFTC, Brian Quintenz joins a16z Crypto's advisory team
https://www.theblockcrypto.com/linked/117098/fresh-out-of-the-cftc-brian-quintenz-joins-a16z-cryptos-advisory-team

SEC punts on VanEck bitcoin ETF decision until November 14
https://www.theblockcrypto.com/linked/117128/sec-punts-on-vaneck-bitcoin-etf-decision-until-november-14

SEC charges another 2017 ICO with a failure to register
https://www.theblockcrypto.com/linked/117022/sec-charges-another-2017-ico-with-a-failure-to-register

South African financial regulator issues warning about Binance over financial advice and 'intermediary services'
https://www.theblockcrypto.com/post/116611/binance-south-africa-regulator-warning

FCA chair calls for greater powers to regulate crypto promotions
https://www.theblockcrypto.com/post/116733/fca-chair-greater-powers-regulate-crypto-promotions

Additional Reads:




JPEG The Jeweller by Arthur Hayes
https://cryptohayes.medium.com/jpeg-the-jeweler-f626c40384cf

Solving the Stablecoin Trilemma by Multicoin Capital
https://multicoin.capital/2021/09/02/solving-the-stablecoin-trilemma/

Money Ain't A Thang by hagatec (Dune Analytics)
https://dune.xyz/blog/money-aint-a-thang

Turning ~11 ETH to 862 ETH in 33 days flipping NFTs by MEV Collector
https://twitter.com/mevcollector/status/1434039069743271937

Ethereum vs Terra
https://twitter.com/permabeaull/status/1433753998742462466

Ethereum #AllCoreDevs (overview, agenda, stream)
https://twitter.com/TimBeiko/status/1433831124267147264

Thoughts on DeFi and why the saying “real value is bearish” has merit by @SplitCapital
https://twitter.com/SplitCapital/status/1433929468633047042

The Holy Trinity for Adoption by Bankless
https://newsletter.banklesshq.com/p/the-holy-trinity-for-adoption

Scaling DAOs by The Defiant
https://thedefiant.io/scaling-daos/

Interactive Fraud Proofs: Arbitrum’s Secret Sauce
https://medium.com/offchainlabs/interactive-fraud-proofs-arbitrums-secret-sauce-debc3b019418

Scenario modeling for SLP farming as bull, bear, and conservative cases by @Cryptocurious98
https://twitter.com/Cryptocurious98/status/1434122922642141186

Decentralized Finance (DeFi) knowledge base by Consensys
https://consensys.net/knowledge-base/defi/

Mapping Out The Macro Endgame by BitMEX Research
https://blog.bitmex.com/mapping-out-the-macro-endgame/

Amy Wu on the evolving role of a VC in crypto and DeFi in particular
https://twitter.com/amytongwu/status/1434263841500643330

The Dark Side of the (NFT) Moon
https://medium.com/@boldleondias/the-dark-side-of-the-nft-moon-a5a5386c84e4

The 100 Million (100,000,000) Project by @punk6529
https://twitter.com/punk6529/status/1434554792035160077

Gaby's Web3 Reading List
https://www.notion.so/f7050e62461143d49345e7b46eb5576b

Basic Skill Tree for those looking to get into crypto
https://twitter.com/Darrenlautf/status/1434877372700901384

A framework for establishing incentives
https://twitter.com/SahilBloom/status/1434847309976702980

Why LOOT is interesting
https://twitter.com/tracheopteryx/status/1435228906454458370

Cross-rollup NFT wrapper and migration ideas by Vitalik Buterin
https://ethresear.ch/t/cross-rollup-nft-wrapper-and-migration-ideas/10507

On Making It by @punk6529
https://twitter.com/punk6529/status/1435229502708322313

The Cartoon Guide to Perps
https://research.paradigm.xyz/cartoon-guide-to-perps

Conquering The 5 Biggest Hurdles Facing The Crypto Industry Right Now
https://decrypt.co/80031/conquering-the-5-biggest-hurdles-facing-the-crypto-industry-right-now

A quick look at the bridges
https://twitter.com/uniwhalesio/status/1435049478508195842

List of projects on Terra by @FynnToTheMoon
https://twitter.com/FynnToTheMoon/status/1434947250912964610

Dan CMS Questions
https://blog.ftx.com/blog/dan-cms/

Sam Trabucco re: This week's dip
https://twitter.com/AlamedaTrabucco/status/1435423571531108355

What Really Predicts Happiness?
https://ofdollarsanddata.com/what-really-predicts-happiness/

Scaling Ethereum - The Daily Gwei #329
https://thedailygwei.substack.com/p/scaling-ethereum-the-daily-gwei-329

Delphi Daily - Sept 8th
https://twitter.com/Delphi_Digital/status/1435354798509989891

Crypto Fight Night 2021 - October 16th - Dubai
https://twitter.com/RookieXBT/status/1435275696075644944

Weekly Digest - Friends With Benefits
https://tldr.fwb.help/

A thread about Uniswap v3 and the entire ecosystem of products that's being built on top
https://twitter.com/ashwathbk/status/1435668125593178113

Solana analytics
https://datadragon.io/public/dashboards/ZppbZ1f511G3Fx5ambEDE0YvkeTTvjJXopPqdXde?org_slug=

Cred's thoughts on $BTC
https://twitter.com/CryptoCred/status/1435883556757196801

The High Priest of Cryptopia Regrets Nothing
https://nymag.com/intelligencer/2021/08/bitcoin-ian-freeman-fbi-doj.html

10 learnings as a VC after one year
https://twitter.com/meaganloyst/status/1435646148350521348

The Ultimate DAO Report by Bankless
https://newsletter.banklessh

Web3 crash course
https://twitter.com/dabit3/status/1435516510408110080

Podcasts:


John Wu x Raoul Pal discussing Avalanche
https://twitter.com/John1wu/status/1433829852898111494

Podcast notes: Delphi Digital x XDEFI wallet
https://twitter.com/delphiintern/status/1433882900043288577

Mining Data and the Quest for On-Chain Alpha
https://twitter.com/compass_mining/status/1434185752905146375

Dungeons and Degens: Why Everyone Is Talking About Loot
https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M/episode/OWNmYzdkMDMtYjRmNS00ZDFiLWJmNzUtNzgwNGUzOTI5ZGQx?ep=14

Opportunites for Crypto in Gaming by @jefftunn and Josh Williams via @a16z
https://twitter.com/DecentBass/status/1434625310830391296

Podcast notes: Cooopahtroopa on Profit Maximalist
https://twitter.com/sandraaleow/status/1435413684596137988