Crypto's Misinformation War $
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- 🗞️ WSJ under fire: Elliptic, the analytics firm that the WSJ cited in their much-criticized report on crypto terror financing, says that its data was misinterpreted.
- 🚔 Binance gets heat. A crypto-friendly Senator wants the DoJ to prosecute Binance over terror financing. The referenced WSJ report is wrong, but Binance has a complicated history.
- 👨⚖️ SBF takes to the stand. SBF kicked off testimony to a jury-less court Thursday as the judge determines what will be off-limits.
| Prices updated at 4:00 pm ET | 24HR |
|
Crypto Market Cap $1.26T | ↘ 1.1% |
|
Bitcoin $34,139 | ↘ 1.8% |
|
Ethereum $1,796 | ↗ 0.2% |
📈 Decoupling from TradFi Crypto is up 24% from September lows while the S&P 500 is down 8% in a clear decoupling. BlackRock CEO Larry Fink might call it a Flight to Quality.
There's been plenty of grumbling from $UNI holders over the past couple weeks after Uniswap Labs launched a small swapping fee on their frontend.
The $UNI fee switch has always been a spicy topic of governance debate. In today's Bankless article, two analysts on our research team take opposite sides on whether or not $UNI has a bright future ahead of it.
Click through below for the full analysis (Citizen's Only!)
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- 🔽 Wedge is the Founder's Edge - Zee Prime Capital
- 🔴 Optimism: A Holistic Research Report - Redacted Research
- 🌎 North America Leads World in Crypto Usage - Chainalysis
- 🔪 Frax: DeFi's Swiss Army Knife - Jake Pahor
- 🦧 The Evolution of Token Design - Consensys
- 🌝 Nocturne and Private Account Abstraction - Kimberly Adams
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.