🟪 Cautiously optimistic

Weekly Recap

Number of the Week

1M

In partnership with the Abu Dhabi Investment Office and Access Abu Dhabi, Unstoppable Domains gifted blockchain domain names to 1 million women in the country to bolster adoption and equality.

Top Insights

• The Investor’s Guide to Crypto Options Trading [Sponsored] — Blockworks

• JPMorgan Exec: Payments Systems Are the Future of Fintech — Blockworks
• TerraUSD Crash Led to Vanished Savings, Shattered Dreams — WSJ
• Shadow Forks and Testnets: The Ethereum Merge Approaches — Blockworks

• For remittances, crypto is still a problem looking for a solution — TechCrunch

• MoneyGram CEO Sees a Future in Stablecoin Remittances — Bloomberg

• Are People Leaving Their Tech Jobs for Web3? — Blockworks

• Wall Street Bank Lobby Lines Up Against a US Digital Dollar — Bloomberg
• Web3 Watch: Netflix’s NFT Scavenger Hunt and Elvis’ Metaverse Strategy — Blockworks

Top News

• All Terraform Labs Staff Subpoenaed as Investigations Ramp Up, Report — Blockworks

• Ex-Wall Street Execs Secure Funding for Young Crypto Firm — Blockworks

• Former OpenSea Exec Charged With NFT Insider Trading — Blockworks

• Unstoppable Domains Gifted Blockchain Domain Names to 1M Women in Abu Dhabi — Blockworks

• New York Passes Bill Restricting Carbon-fueled Crypto Mining Operations — Blockworks

• Coinbase Clarifies Token Listing Policy — Blockworks

• CFTC Steps Up Crypto Enforcement, Sues Exchange Gemini For ‘False’ Statements — Blockworks

• New VC Fund To Focus On Crypto Infrastructure Builders — Blockworks

• Terra’s Forked LUNA Token Falls 70% a Day After Debut — Blockworks

• Fidelity Digital Assets To Double Headcount by End of Year — Blockworks

• CoinShares Took $21M Loss From UST Crash — Blockworks

• Binance Launches $500M Fund To Drive Web3 Adoption — Blockworks

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Events of the Week

The future of digital asset adoption is powered by DAS

Industry leaders are gathering at DAS again this year to discuss the future of digital assets. Get tickets to be one of those pioneers.

Can't make it to NYC? Check out DAS London instead!

Webinars

The future of digital assets for wealth management

Date: Thursday, June 16

Together with:

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• Report a scam 
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What's Trending

• Just writing Global Macro Investor over the weekend and as ever, I like to share a few insights. (Continues) (Thread) — Raoul Pal

• Why inflation will drop MARKEDLY in to 2023 (Continues) (Thread) — Andreas Steno Larsen

• All of the 'blue chips' are down 20-50% (in ETH terms) except.. (Thread) — Teng

• Here are 11 of my favorite threads that you need to read to find alpha. (Thread) — pothu

• The battle back from being rekt - how do I make money in crypto in the current environment?  (Thread) — Onchain Wizard
• Grayscale's trusts intend to track the price of digital assets in a brokerage tradable equity. (Continues) (Thread) — Blockworks Research
• Here is what you need to know about inflation-resistant stablecoins, a potential solution to this problem (Thread) — Angle Protocol
• Flashbots are effectively "MEV-as-a-Service". (Thread) — Blockworks Research
• Funding Web3 Bit By Bit. (Continues) (Thread) — Delphi Digital
• 1/ Metaverse or Virtual World? (Continues) (Thread) — Nansen Intern
• Vote locked CVX tokens currently generate a 32.7% yield from fee revenue and Votium bribes. Why is the yield so high and is it sustainable? (Thread) — Blockworks Research

We're Watching

Travis Kimmel joins for a wide-ranging discussion from geopolitics to the housing market, and gives insight into how cash is underestimated.

Watch or listen on Youtube, Spotify, or Apple Podcasts.

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Written by @aaronhasapen. 

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