Category

Crypto

Oct 20
0

Daily Brief Crypto: ETH Yield Strategy and more

By | Crypto, Daily Briefs

In today’s briefing:

  • ETH Yield Strategy

ETH Yield Strategy

By Edward Wu

  • ETH staking is the easiest strategy and can be accessed from major centralized exchanges such as Binance or Coinbase, the staking yield is around 4.5%.
  • Provide liquidity to ETH-stETH Curve pool generate 2.9% transaction fees, 2.25% LDO token incentives, 4.5% for the stETH staking reward. Total APY is 5.15% for ETH and 9.65% for stETH.
  • ETH derivatives strategy vault can provide a higher yield of over 14%, but involve a higher risk

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Oct 19
0

Daily Brief Crypto: #38 Anatomy of an NFT purchase and more

By | Crypto, Daily Briefs

In today’s briefing:

  • #38 Anatomy of an NFT purchase

#38 Anatomy of an NFT purchase

By Carbono Insights

  • Buying an NFT from OpenSea is probably one of the most convenient ways of approaching blockchain technology for any newcomer.
  • And yet it can be intimidating. The process starts as something familiar and easy to understand.
  • Still, it soon becomes challenging once you start seeing the different tokens and blockchains once you interact with a wallet.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Oct 18
0

Daily Brief Crypto: Sporting Crypto – October 17th 2022: FIFA Make Their Mark on Sports NFTs and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Sporting Crypto – October 17th 2022: FIFA Make Their Mark on Sports NFTs
  • Bitcoin Volatility Matches Nasdaq

Sporting Crypto – October 17th 2022: FIFA Make Their Mark on Sports NFTs

By Sporting Crypto

  • Being an incumbent and moving in any direction when it comes to Web3 is exceptionally difficult.
  • That’s why I always use, to this day, the NBA and Top Shot as a great example of how a simple concept, that requires a blockchain, can succeed in attracting a large scale audience beyond Web3.
  • FIFA + Collect is FIFA’s attempt at digital assets in the same format.

Bitcoin Volatility Matches Nasdaq

By Kaiko

  • Price Movements: Bitcoin falls to its lowest level since 2020 following hot U.S. inflation print but stages modest recovery after. 
  • Market Liquidity: Coinbase regains dominant BTC-USD market share. 
  • Derivatives: Open interest on Binance plummets following dramatic price moves.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Oct 14
0

Daily Brief Crypto: MakerDAO: The Winding Path to Decentralization and more

By | Crypto, Daily Briefs

In today’s briefing:

  • MakerDAO: The Winding Path to Decentralization

MakerDAO: The Winding Path to Decentralization

By Kaiko

  • Last week MakerDAO, one of DeFi’s oldest lending protocols, voted to invest $500m of their collateral pool into US Treasuries and Corporate Bonds.
  • This is the first time a decentralized organization has voted to undertake a “real-world” allocation of such scale, and all the more remarkable considering it will go to a government-issued asset. 
  • MakerDAO is the Decentralized Autonomous Organization behind the 4th largest stablecoin by market cap, DAI, which is used throughout the DeFi ecosystem.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Oct 11
0

Daily Brief Crypto: Open Interest Hits All Time High and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Open Interest Hits All Time High
  • Sporting Crypto – October 10th 2022: The Next Frontier of Sport NFTs

Open Interest Hits All Time High

By Kaiko

  • Price Movements: BNB, the native token of Binance Smart Chain, is down 8% following a $100mn hack.
  • Market Liquidity: Sushiswap’s market share vs. Uniswap hit all time lows of just 1% in September as new Head Chef takes over. 
  • Derivatives: Open interest on Binance has surged to all time highs, although funding rates remain firmly neutral.

Sporting Crypto – October 10th 2022: The Next Frontier of Sport NFTs

By Sporting Crypto

  • By now you’ve heard of NFTs. I mean, if you’re reading this newsletter and you haven’t — you’ve taken a wrong turn on the internet.
  • NFTs (Non-Fungible Tokens) have gripped millions of people worldwide and had countless journalists, marketing execs and boardroom members scratching their head with the thought.
  • So let’s start with why NFTs, as a technology, need to be built using a blockchain.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Oct 04
0

Daily Brief Crypto: The Future of Ethereum: A Deflationary ETH and more

By | Crypto, Daily Briefs

In today’s briefing:

  • The Future of Ethereum: A Deflationary ETH, Sharding, and the Roadmap
  • #37 Exploring the new Cosmos
  • Bitcoin and Gold Correlation Hits Yearly High
  • Sporting Crypto – October 3rd 2022: What does the Metaverse mean for Sports?

The Future of Ethereum: A Deflationary ETH, Sharding, and the Roadmap

By Edward Wu

  • ETH is used for gas payment (transaction cost), part of gas payment is burned. When amount of ETH burned exceeds the amount of new issuance, ETH becomes a deflationary asset.
  • Sharding is the next big update for Ethereum. With sharding, network throughput will increase from current 15 transactions/second to potential 100,000 tps.
  • Long-Term roadmap of Ethereum: Merge (completed), Surge (sharding is expected on 2H 2023), Verge, Purge, and Splurge.

#37 Exploring the new Cosmos

By Carbono Insights

  • On a very fundamental level, blockchains are in the business of selling blockspace.
  • Blockspace can be used to store transaction information or to perform computation through smart contracts hosted on chain.
  • However, as more applications emerge and become more complex, blockspace becomes scarce and insufficient.

Bitcoin and Gold Correlation Hits Yearly High

By Kaiko

  • Price Movements: Crypto markets performed better than traditional assets in Q3 despite a post-Merge September sell off. 
  • Market Liquidity: After Kucoin implemented a series of 5th anniversary contests, trade volume surged to all time highs. Exchanges are getting increasingly creative amid a widespread rout in trade volume. 
  • Derivatives: Luna Classic open interest tripled in September and funding rates turned deeply negative after Interpol issued a red notice for Do Kwon.

Sporting Crypto – October 3rd 2022: What does the Metaverse mean for Sports?

By Sporting Crypto

  • Anything that augments your physical life, to the digital, is in some way or form linked to what currently is, and what will become, ‘The Metaverse’.
  • So a Zoom call or a free world game — whilst they don’t wholly agree with the notion of interoperability or persistence —they still are in essence part of the Metaverse.
  • Now, to give further context, there is the idea of ‘Metaverses’ — aka, Decentraland, Sandbox or any company building their own virtual world.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Sep 28
0

Daily Brief Crypto: Hackers Deposit Stolen Funds in 3pool and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Hackers Deposit Stolen Funds in 3pool

Hackers Deposit Stolen Funds in 3pool

By Kaiko

  • Price Movements: Proof-of-work tokens continue to plummet following the Merge, with ETHW down more than 70%.
  • Market Liquidity: Coinbase has regained some market share to Uniswap amid stagnant on-chain activity.
  • Derivatives: Open interest for ETH perpetual futures continues to climb post-Merge, with markets on FTX now equal to those on Binance. 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Sep 27
0

Daily Brief Crypto: Sporting Crypto – STEPN Turns 1 Year Old — Beyond The Hype and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Sporting Crypto – STEPN Turns 1 Year Old — Beyond The Hype

Sporting Crypto – STEPN Turns 1 Year Old — Beyond The Hype

By Sporting Crypto

  • GMT, The STEPN governance token, has tumbled from ~ $4.00 in May 2022 to $0.60 in September 2022. An 85% drop.
  • This is basically akin to the company’s equity… kind of…not really — but it’s a good way to explain things without getting complicated.
  • It has crashed like much of the Crypto market (heck, much of the market in *general*?).

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Sep 26
0

Daily Brief Crypto: Interoperability and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Interoperability

Interoperability

By Etherbridge

  • Interoperability is a fascinating topic. It is a concept applicable to different systems worldwide, from communication systems, hardware and technology to groups of people.
  • We use interoperable systems every day; it is also often a background function, so many people do not even realise they are interacting with them.
  • Nevertheless, they have allowed many of our current systems to work seamlessly, including our internet and mobile devices. 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free
Sep 23
0

Daily Brief Crypto: Polygon(MATIC) Partnership with Starbucks and more

By | Crypto, Daily Briefs

In today’s briefing:

  • Polygon(MATIC) Partnership with Starbucks, a Further Step in Polygon’s Institution-Focused Strategy
  • Hong Kong to Start Trial of E-HKD in Fourth Quarter
  • Cosmos: The Ecosystem of Blockchains

Polygon(MATIC) Partnership with Starbucks, a Further Step in Polygon’s Institution-Focused Strategy

By Edward Wu

  • Polygon Technology provides Ethereum scaling solutions and actively develops institution clients including Starbuck, E&Y, Meta, Reddit, Disney, etc.
  • By end of 2022, all MATIC tokens, except reserved for staking rewards, will be unlocked,  the aggressive unlocking schedule of MATIC token will no longer be a problem.
  • If viewing Polygon as a tech start-up, it has outstanding performance metircs, however, it is criticized for transparency and centralization problems from a crypto-native standpoint.

Hong Kong to Start Trial of E-HKD in Fourth Quarter

By Caixin Global

  • Hong Kong laid out an ambitious plan to develop its own retail central bank digital currency (CBDC), the e-HKD, and will start a pilot in the fourth quarter
  • The e-HKD is not to replace Hong Kong dollar bills, which will remain legal tender, but to provide a new payment method for citizens
  • Issuance of the Hong Kong digital currency for retail use is expected to play an important role in the economy and have a broad interface with the public

Cosmos: The Ecosystem of Blockchains

By Kaiko

  • If blockchain technology is to gain widespread adoption, interoperability between blockchains is a necessity.
  • We’ve seen bridges try and solve this issue, essentially sitting on a pool of different assets and offering their own guarantee that an asset can be bridged over to another chain.
  • However, bridges have been the target of several hacks this year, such as the $615m hack of Ronin, or the $320m hack of Wormhole. 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars
Sign Up for Free