Crypto isn't inherently nefarious. The exchange of value cannot by definition be good or evil. The reasons why people exchange value? Those can be bad.
This issue is brought to you by: |
|
|
It would be easy to feel discouraged about crypto today. It's been a rotten year, featuring a whole cast of rotten people doing a bunch of truly rotten things. And truth is… actually, whoa… re-read that sentence. Rotten people. Crypto isn't inherently nefarious. The exchange of value cannot by definition be good or evil. The reasons why people exchange value? Those can be bad. Extorting money via ransomware is bad. Sending bitcoins to help Ukrainians displaced by an unprovoked war is good. But the money doesn't care how it's being used. People are the wild card here, and people can be good or bad. It just so happens that when there's a whole lot of money sloshing around the sharks can smell it, like blood in the water. So let's look at 2022 as a bad year for crypto… because some of the bad people in crypto were exposed. There are probably more. Apocryphal as Sutton's Law may be, there's a reason people rob banks: Because that's where the money is. Willie Sutton may have robbed a few… but banks still exist. In fact, they've done quite well over the last hundred years. All that's left of him? A memorable quote and a Wikipedia page. One day, that's all that will be left of Sam Bankman-whatsisname, too. But crypto will still exist. Bigger and better without him. Wishing you all a happier, scoundrel-free 2023. |
|
|
| Number of days in 2022 the total market cap of all cryptocurrencies was lower than it was on December 30th. Sorry. |
|
|
What to Expect for Ethereum and Blockchain Infrastructure in 2023 — Blockworks Crypto Market Caps Collapsed in 2022 – With These Notable Exceptions — Blockworks 6 Projects Using NFTs for Social Good — Blockworks Solana Price Sinks To Single Digits For First Time In Nearly 2 Years — Blockworks Expect More Bitcoin Miners To Go Bankrupt in 2023 — Blockworks MicroStrategy's Bitcoin Wash Trade is Still Legal… For Now — Blockworks What to Expect for NFTs and Digital Goods in 2023 — Blockworks Crypto's Top 5 Wildest Moments of 2022 — Blockworks 2022's Most Spectacular Crypto Trading Blowups — Blockworks Crypto ETFs Sank in 2022, but These 3 'Blockchain' Funds Beat Bitcoin — Blockworks
| |
|
This issue is brought to you by: |
|
|
ZenLedger can save you another trip to the medicine cabinet. As the IRS' sole provider of crypto forensic accounting and taxation software, they are known for their accuracy and tax expertise. With integrations to over 400+ exchanges, including 100+ DeFi protocols, and 10+ NFT platforms, they are the one-stop shop for institutions big and small. Their tax experts even produced a custom-made guide for all your tax law and compliance-related questions.
Take advantage of their limited offer and get 20% off all tax plans today.
|
|
|
FTX Crypto Worth $3.5B Held By Bahamas Regulator — Blockworks Justin Sun-related Valkyrie Wants to Take on Grayscale Bitcoin Trust — Blockworks Crypto Stocks Tanked in 2022: But How Bad Was It? — Blockworks Crypto Trading Bot Platform 3Commas Rocked By Critical API Leak — Blockworks - Kraken Pulls Out of Japan, Leaving More Room for Binance — Blockworks
Yuga Labs at Center of Battle Over the Nature of NFT Copyright — Blockworks FTX Started Paying Bankruptcy Lawyers Months Before Filing — Blockworks NFT Creators Looking for Royalties Face an Uphill Battle: Galaxy — Blockworks Crypto Investment Product AUM Down 55% in 2022 — Blockworks Top Solana NFT Projects Are Jumping Ship to Ethereum, Polygon — Blockworks
|
|
|
Webinar: New Digital Asset Regulations Are Coming. Are you Prepared? |
|
|
Date: Thursday, January 5 |
|
|
The Future is Permissionless |
Hear from the brightest builders and thought leaders discuss the future of crypto at Permissionless 2023. Trust us, you won't want to wait for the speaker lineup to drop to buy your tickets. Register today and save. |
|
|
The 10 biggest crypto funding rounds of 2022 (list) — Blockworks To say the economy is in great condition is a lie (thread) — Adrian ZduÅ„czy - 7 threads that will help you make money in crypto (compilation) — Aylo
The problems Solana's community is working on (thread) — Austin Federa The relationship between DeFi and DAOs (thread) — Eagles - Is Solana dead? (thread) — Blockworks Research
17 crypto market comparisons that make you rethink how early/late we really are (thread) — Hidden Maze - 5 Tips for Surviving the crypto Bear Market (thread) — Eldarone
|
|
|
In today's episode of Empire, we bring on Mike and Mark from On The Margin to discuss our 2023 crypto thesis and debate predictions including ETH vs Bitcoin, Coinbase vs DEXs, MEV as a business model and more! Watch and listen to Empire on Youtube, Spotify and Apple Podcasts. |
|
|
Update your subscription preferences here. |
|
|
P.S. — Find this newsletter helpful? Share it! |
|
|
Copyright ©2022 Blockworks. All rights reserved. |
|
|
|
Bamboo Long Johns for the Winter Win ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ...
-
Trader Plans Bids at $94K, $82K for P...
-
PLUS: Dogecoin scores first official ETP ...
-
Hollywood is often political View in browser The Academy Awards ceremony is on Sunday night, and i...
|
No comments:
Post a Comment