Blockchain inshorts #6
In short, we bring you what is the most interesting and important news in the blockchain world
Bitcoin
Will Bitcoin end the dollar’s reign?
Digital currency poses a significant threat to the dollar’s supremacy
Bitcoin cannot be banned (old)
Bitcoin is a strange game where the only winning move is to play
The growing use of privacy wallets for Bitcoin
At least 13% of all proceeds of crime in Bitcoin were sent through privacy wallets in 2020
Bitwise launches a Crypto Index Fund
Bitwise 10 is the first Publicly Traded Crypto Index Fund In The U.S
Coinbase’s key management protocol
Philip Martin, security @coinbase, explains coinbase’s key management protocol
JPMorgan Says Gold Will Suffer for Years Because of Bitcoin
JPM’s calculations suggest Bitcoin only accounts for 0.18% of family office assets, compared with 3.3% for gold ETFs.
Web 3.0
Yearn finance publishes an informal quarterly report
They are the first protocol to publish their finances, radically challenging the definition of a corporation since they don’t have a CEO or a management board
Now awaiting other protocols to follow them..
Web3’s need for decentralized storage
Igor from TheBlock looks into data storage on the Ethereum and Bitcoin blockchains
It pays to be a DeFi power user
A look into DeFi treasuries
DeFi embraces DAOs, and treasury management is evolving for decentralized organizations.
Messari publishes its crypto thesis 2021
Ryan Selkis, the founder & CEO, publishes year-end thesis for 4th consecutive time
Until next time…