💰 Has the Path to Recovery Begun? 💲

Plus: New Thanksgiving edition pod, Consensys' new policy, Maker's decision, and more...

November 25, 2022

On the Pod…

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’?

The world’s largest crypto exchange has committed $1 billion worth of Binance U.S. Dollar (BUSD) to its crypto industry recovery fund.

ConsenSys disclosed that it stores personal data when users send transactions via Infura on MetaMask.

Digital Currency Group (DCG) reportedly used funds borrowed from its liquidity-strapped subsidiary Genesis fund open market purchases of Grayscale Bitcoin Trust (GBTC).

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

  1. Flashbots on Single Unifying Auction for Value Expression (SUAVE), the latest development in the MEV space:

  2. Salomon crypto on why ETH is so valuable:

  3. DrNickA on rugs:

⛓️ Join Unchained Premium to get access to:

  • Behind-the-scenes interviews, in which I talk with crypto experts and entrepreneurs to learn all about the latest developments in the industry.

  • A subscriber-only Telegram group, where you can talk with the other members of the Unchained community, build a network in crypto, and talk directly with me and the Unchained team!

  • And now, a new offering: transcripts of all the shows, for subscribers only.

If you liked what you read: