INTRODUCING BLOCKWORKS RESEARCH: INSIGHTS YOU CAN’T INVEST WITHOUT
Weekly Newsletter: Sun, 24 Apr 2022
Are all you US readers leaving the country? I was surprised to find that our most popular story this week was about how US citizens are moving abroad to sidestep crypto regulation.
Reply to this email and let me know your thoughts on the current state of regulation. (I won't tell, I promise.)
At least stay for Permissionless, which is less than a month away! Get tickets while you still can.
Now for the week's top stories:
Number of the Week
Despite a series of high-profile hacks, institutional inflow into DeFi broke $239 billion in total value locked.
This high marks a 40,000% increase since 2020.
Blockchain Tech Is Key to Combating Climate Change, Report Says — Blockworks
The Rise and Fall of Crypto Culture — Andre Cronje
Defiance Plans ETF That Bets Against Crypto Industry — Blockworks
Bitcoin Mining & The Grid — Braiins
Crypto Execs ‘Read the Tea Leaves’ on Spot Bitcoin ETF Approval — Blockworks
US Citizens Are Moving Abroad to Sidestep Crypto Regulation, Law Firm Says — Blockworks
Coinbase Unveils Social NFT Marketplace — Blockworks
MetaMask Issues Warning Following $650K iCloud Phishing Scam — Blockworks
Payment Company Stripe Enables Crypto Payouts in USDC — Blockworks
Bank of England Says Crypto Has Busted Its Budget in $419M Shortfall — Blockworks
Crypto Exchange Uniswap Hit With Class Action Lawsuit Alleging Wrongdoing — Blockworks
Crypto Declines Outpaced by Plummeting Digital Asset Stocks — Blockworks
Wall Street Vet Launching Token-only VC Firm, Aiming for $50M to $75M — Blockworks
Large Institutional Transactions Push Total Value Locked in DeFi to $239B — Blockworks
Events of the Week
Permissionless is as much a celebration as it is a conference. See Web3 up close, meet legends, learn from the best and enjoy the whole process.
The event begins in 23 days. Get tickets.
How proof-of-stake and the merge will change Ethereum
Date: Tuesday, April 29
What instant settlement looks like for business and consumers
Date: Tuesday, May 24
How Coinbase Ventures invested in Q1 2022: (Chart) — Blockworks
The ultimate guide on how to make it in crypto. (Continues) (Thread) — Dazai
6 ways to get more alpha from free NFT Tools (Continues) (Thread) — Crypto FI
Along with her macro framework and details of a pendulum-style shift between reflation and stagflation, Lyn gives her actionable investment idea of the week on our new show, The Macro Trading Floor.
Watch or listen on Youtube, Spotify, or Apple Podcasts.
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Written by @aaronhasapen.
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