💰 Has the Path to Recovery Begun? 💲
Plus: New Thanksgiving edition pod, Consensys' new policy, Maker's decision, and more...
On the Pod…
Gabriel Haines on How He Came to Make His Hilarious, Yelling Crypto Videos
Gabriel Haines, a crypto content creator, comes on this 2022 Thanksgiving edition of Unchained to talk about his videos and leave a positive message for these holidays. Show highlights:
how Gabriel started doing his very unique type of videos
Gabriel's hummus eating competition
how Gabriel's videos are "quite not professional"
how Gabriel is monetizing some of his videos with NFTs
whether NFTs are a solution for content creators
how Lee, Gabriel's wife, has also started creating some funny videos
how Web3 is going to change the traditional version of media in the Internet
What’s Poppin’?
Binance Officially Launches $1B Crypto Recovery Fund
by Samyuktha Sriram
The world’s largest crypto exchange has committed $1 billion worth of Binance U.S. Dollar (BUSD) to its crypto industry recovery fund.
ConsenSys Privacy Policy Says it Collects User IP and Wallet Addresses Info
by Samyuktha Sriram
ConsenSys disclosed that it stores personal data when users send transactions via Infura on MetaMask.
DCG Bought $722M GBTC Partly Funded by Genesis Loans: Report
by Samyuktha Sriram
Digital Currency Group (DCG) reportedly used funds borrowed from its liquidity-strapped subsidiary Genesis fund open market purchases of Grayscale Bitcoin Trust (GBTC).
Maker Offboards RenBTC Vault After Alameda-Related Uncertainty
by Samyuktha Sriram
MakerDAO is closing down its RenBTC vault after the latter disabled network mints on Ren 1.0.
In Other News…✍️✍️✍️
The Commercial Affairs Department (CAD), Singapore’s white-collar crime investigation unit, initiated an investigation into crypto lender Hodlnaut for “possible cheating and fraud.”
Sam Bankman-Fried was spotted in The Bahamas for the first time since the collapse of FTX.
Ethereum core developers aim to implement proto-danksharding in a future fork, but it’s unclear when.
Argentinian crypto startup Lemon laid off 38% of its employees.
The $$$ Corner…
Crypto financial services firm Matrixport is looking to raise $100 million in funding at a $1.5 billion valuation.
Crypto exchange Bybit established a $100 million fund to support institutional clients.
Proximity Labs, together with three decentralized exchanges on the Near Protocol blockchain, announced a $10 million developer fund.
t3rn, an interoperability protocol based on Polkadot, raised $6.5 million in a strategic funding round.
What Do You Meme
📈 Your Market Update 📉
BTC is down -.85%, trading at $16,445
ETH is down 1.69%, trading at $1,178
BTC dominance: 36.8%
Crypto market cap: $859 billion
*All data as of today, 5 am ET
Recommended Reads
Flashbots on Single Unifying Auction for Value Expression (SUAVE), the latest development in the MEV space:
Salomon crypto on why ETH is so valuable:
DrNickA on rugs:
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