We Used On-Chain Data To Look Into Binance’s Proof Of Reserve

Key Takeaways: FUD surrounding Binance’s recent proof of reserve report being an agreed-upon procedure instead of a full audit. On-chain data shows liabilities reported by Binance are very close to with 99% estimation. Binance’s ETH and Stablecoin reserves are not showing “FTX-like” behaviour at this point. Binance closes in on 90% clean reserves. ___________________________________________ A report from Coindesk […]

A Complete Overview of Ethereum’s Scaling Solutions; All About Zero-Knowledge, Optimistic Rollups and Layer 3s

The layer1 wars at the end of 2021 were driven by high block space demand giving birth to what was commonly known as “Ethereum killers”. While there were doubts and chatter about overthrowing Ethereum’s throne, some of them proposed viable alternatives that Ethereum lacked, speed and high fees. Ethereum and its “killers.” Here’s a quick […]

$MAGIC Is Up 202%, Here’s Why Treasure Will Redefine Web3 Gaming

Key Takeaways: Treasure’s native token $MAGIC is up 202% and 193% on the 14d and 30d, respectively after major exchanges listing TreasureDAO Ecosystem aims to be the Nintendo of the Crypto Metaverse An interoperable ecosystem built on Arbitrum ___________________________________________ With some mystical movement with the $MAGIC token, it seems like a possible revival, with the […]

FTX’s Sam Bankman-Fried Arrested in The Bahamas, Charged With Violation of Securities Law

Earlier this morning (13th Dec), Attorney General & Ministry of Legal Affairs of the commonwealth of The Bahamas issued a statement that they had arrested Sam Bankman-Fried, former CEO of centralized exchange FTX. This was done in response to a formal notification from the United States of criminal charges, with extradition likely to follow. The […]

The Ultimate Guide To Trading News Events & What I’m Looking At Right Now

Key Takeaways: News Events occur when a narrative triggers price volatility These are catalysts that can be used to plan trades around With News being increasingly competitive to trade, finding an edge is of the utmost importance ___________________________________________ Five times a year, there is free money on the ground. Pick it up, do nothing else, […]

Will The Fed Pivot Signal The Start Of The Crypto Bull Market?

With the recent Fed Press Conference on 30th November, there have been greater market expectations of a Fed Pivot, that interest rate cuts will be coming. There have also been opinions that a Fed pivot would not be bullish for the stock/crypto markets. In this article, we will explore Fed’s latest updates and if a […]

Is Maple Finance In A Sticky Situation? Why We Need To Rethink Unbacked Lending

Key Takeaways: Orthogonal Trading has defaulted on eight loans totalling $36 million on lending protocol Maple Finance. The defaults represent about 30% of active loans across the entire protocol. __________________________________________ You might have heard it by now; the non-custodial lending protocol Maple Finance found itself in a sticky situation after cutting ties with Orthogonal trading […]

Are We in Arbitrum Season?

Key Takeaways: Following Optimism’s airdrop incentives, users have been looking towards Arbitrum as the next place to be While the Arbitrum team has previously stated that they are not focusing on releasing a token Despite this, users have been moving to Arbitrum to use protocols such as GMX, which has spurred on an “Arbitrum Szn” […]

30 Crypto Hacks Over $30M, Broken Down

Heard of the Forbes 30 under 30? Well, we’re not so lucky in crypto. In fact, the only one to make it on that list was SBF – and we all know how that turned out (Hint: he made this list too!). Unfortunately, an overarching theme surrounding crypto has been exploits, and with more than […]

The New Era For Chainlink Staking Begins, Here’s All You Need To Know

After a long time coming, a new era of staking has finally arrived for Chainlink. By staking LINK tokens, you can help increase the security guarantees of oracle services and earn rewards in return. According to Delphi Digital, over 17.5M $LINK has been moved off exchanges in anticipation of the new staking mechanism. Even during […]

3 Reasons Vitalik Is Excited For Ethereum And Why You Should Pay Close Attention

“My(Vitalik) excitement about Ethereum is no longer based on the potential for undiscovered unknowns, but rather in a few specific categories of applications that are proving themselves already and are only getting stronger.” In this article, we dissect three items on Vitalk’s new post on why the Ethereum ecosystem excites him, what some of the […]

Chain Debrief Newsletter Vol 6: I Found The Ultimate Support For Bitcoin 🚀

A subtle week with a mini price pump, a perfect recipe for a bull trap. We are still waiting on the Genesis hole to full unravel. Apart from Metamask updating their policy, rumours on wETH de-pegging being entirely false and SBF addressing the $8B hole, we are in for a quieter week, something I found, rather uncomforting.  Could Stock-to-flow reveal the answers? 📈 In […]