Kaiko Research: Monthly Market Report November 2020

Dec 20, 2019 at 09:00 UTCCredit: Metropolitan Museum of Art"The secrecy/mystery is what makes it cool,” Uniswap’s Ashleigh Schap said via direct message. “Normally you wouldn’t send $200 to random people who are promising to send you a T-shirt.”And yet people are doing just that for Saint Fame, a decentralized autonomous organization (DAO) that’s part…

Digital Currency Group (DCG) has reached an in-principle deal with Genesis creditors to resolve the claims brought up in Genesis' bankruptcy, according to a court filing on Tuesday.The plan could result in the recoveries of 70%- 90% in USD equivalent for unsecured creditors and 65%- 90% recovery on an in-kind basis depending on the denomination…

FTX-backed artificial intelligence company Anthropic's CEO and co-founder Dario Amodei declined an offer from OpenAI's board of directors to merge, according to a report by The Information which cited a "person with direct knowledge."The proposal came after OpenAI fired CEO Sam Altman on Friday and the deal had a sweetener – For Amodei to replace

New York City was all about NFTs this week as the third edition of NFT.NYC, New York’s non-fungible token conference, took place. It went off with a bang!The event has come far from its humble origins in 2019 and this year’s featured 600 speakers across three days and six venues throughout the city. Over the…

The CFTC's notice of proposed rulemaking for prediction markets drew various comments from the public, including the crypto industry. Crypto industry stakeholders say the rules are too broad and would constitute an overreach, considering the recent 'Chevron court decision. Dragonfly Digital Management and Crypto.com have joined crypto exchange Coinbase in criticizing the Commodities Futures Trading

StarkWare, the main developer firm behind the layer-2 blockchain Starknet, shared Wednesday plans for its own zero-knowledge rollup compatible with the existing Ethereum infrastructure, a setup commonly known as a zkEVM.The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack, a set of software tools that make it easier for developers

Aug 31, 2020 at 17:17 UTCUpdated Aug 31, 2020 at 17:18 UTCFederal Jury Indicts Three Accused of Posing as Pastors in Alleged $28M Ponzi SchemeThree men accused of passing themselves off as pastors to get churchgoers and other investors to put money into what prosecutors say was $28 million ponzi scheme have been indicted by…

Oct 27, 2020 at 23:49 UTCUpdated Oct 28, 2020 at 00:20 UTCCoinbase CEO Brian Armstrong speaks at Consensus 2019.(CoinDesk archives)U.S. cryptocurrency exchange Coinbase has disabled trading due to feed issues amid bitcoin’s ascension towards 2019 highs near $13,880.According to a company update on Wednesday, Coinbase said they were "currently investigating the issue," while no further…

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Frederick Munawa is a Technology Reporter for Coindesk. He covers blockchain protocols with a specific focus on bitcoin and bitcoin-adjacent networks. Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation:…