Show notes
Come join Layer1 as we break down the state of Stablecoins, the latest on Ethereum community sentiment, big announcements from Axie Infinity and Blankos, and much more!
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Breaking
ETH Fees = blackmailing of exchange?
https://decrypt.co/32145/hackers-blackmail-exchange-with-5-million-of-ethereum-fees-report
Alex Masmej launches “Control My Life”
https://medium.com/@AlexMasmej/introducing-control-my-life-use-my-cryptocurrency-alex-to-vote-on-my-life-choices-8d62471963cd
Quick News
JPMorgan Says Bitcoin Crash Survival Shows It Has Staying Power
https://www.bloomberg.com/news/articles/2020-06-12/jpmorgan-says-bitcoin-crash-survival-shows-it-has-staying-power?utm_campaign=socialflow-organic&utm_content=crypto&utm_source=twitter&utm_medium=social
Galaxy Digital and Bakkt Unveil Joint Trading and Custody Service for Institutional Investors
https://www.prnewswire.com/news-releases/galaxy-digital-and-bakkt-unveil-joint-trading-and-custody-service-for-institutional-investors-301073325.html
Celsius Network announces community-based investment round through Bnk to the Future!
https://medium.com/@CelsiusNetwork/celsius-network-announces-community-based-investment-round-through-bnk-to-the-future-639f39c4677d
Factoring in "in-kind" purchases, Grayscale has only bought 31% of all new bitcoins mined since the halving, far less than the 150%+ many have reported.
https://twitter.com/RyanWatkins_/status/1271097895308218369
Chinese Authority Freezes Thousands of Cryptocurrency Traders' Bank Accounts
https://news.bitcoin.com/chinese-authority-freezes-cryptocurrency-traders-bank-accounts/
China report claims a hacked crypto-exchange is behind three abnormal multi-million Ethereum (ETH) fees
https://cryptoslate.com/china-report-claims-a-hacked-crypto-exchange-is-behind-three-abnormal-multi-million-ethereum-eth-fees/
Discussion
BTC and ETH options bullish?
https://www.forbes.com/sites/christopherbrookins/2020/06/11/derivatives-volume-suggest-institutional-players-are-here-but-its-not-signaling-what-you-think/#72da1c4f5a7f
Burniske ETH ATH Tweet - thoughts on what could drive ETH back to ATH or what could prevent it
https://twitter.com/cburniske/status/1272130997040091136?s=20
Kava launches DeFi platform, minting USDX stablecoin and adding BNB as collateral. Are you confident enough in DeFi to use it right now, or just speculate with tokens?
https://www.crowdfundinsider.com/2020/06/162669-kava-labs-defi-lending-platform-goes-live-with-binance-coin-bnb-collateral-support-usdx-stablecoin-loans/
Bitcoin
Bitcoin miners made $366.4 million in revenue during May, despite halving
https://www.theblockcrypto.com/linked/67875/bitcoin-miners-made-366-4-million-in-revenue-during-may-despite-halving
Ethereum
Ubisoft launches 5th entrepreneur lab with blockchain projects
https://venturebeat.com/2020/06/10/ubisoft-launches-5th-entrepreneur-lab-with-8-startups/
Ether Mining Pool Decides to Pocket One of the $2.6M Fee Transactions
https://cointelegraph.com/news/ether-mining-pool-decides-to-pocket-one-of-the-26m-fee-transactions
Paxos and other stablecoins not actually as popular as it looks?
https://decrypt.co/31761/paxos-stablecoin-transactions-linked-ponzi-report-claims
Ethereum Options Open Interest Soars 315% — Are Institutions Bullish?
https://cointelegraph.com/news/ethereum-options-open-interest-soars-315-are-institutions-bullish
EOS
Billion dollar blockchain EOS is in trouble, research shows
https://decrypt.co/32217/billion-dollar-blockchain-eos-in-trouble-research
WAX Announcement Falls Flat
https://www.eoswriter.io/170626_wax-reveals-googles-product-counsel-as-the-first-member-of-the-wax-advisory-council.eos
Mythical Games’ Blankos Block Party Will Run On The EOS Blockchain
https://www.eoswriter.io/170659_mythical-games-blankos-block-party-will-run-on-the-eos-blockchain.eos
DeFi
The total supply of stablecoins has grown 94% since early February
https://www.theblockcrypto.com/linked/68181/total-stablecoin-supply-feb-may
DEX tokens returned more than 5x centralized exchange tokens this year amid a slew of major protocol upgrades
https://messari.io/article/dex-tokens-returned-more-than-5x-centralized-exchange-tokens-this-year-amid-a-slew-of-major-protocol-upgrades