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2023 Q3 Crypto Industry Report

CoinGecko’s Q3 report underscores the volatile and rapidly changing nature of the cryptocurrency market. While the industry has faced headwinds, with significant declines in trading volumes and market valuations, the year-to-date figures and the growth in sectors such as RWAs indicate that the foundational interest in crypto assets remains strong.

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Bo Shen Hacked on Trust Wallet

In my opinion, both custodial and non-custodial accounts lose 5% each year due criminal attacks or mishandling. The problem is always people messing it up, but the reasoning and the mechanisms are different.

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Layer 1 10x Index Methodology

The FreeLunchTrading “Layer 1 10x” index tracks foundational assets in the crypto ecosystem by investing in the largest base settlement and smart contract networks. Each asset offers unique advantages in processing speed, data structures, consensus, and client software which optimizes them for certain users or industries. L1-10x contains some of the top ranking eligible constituents of FreeLunchTrading’s indexes, meaning they are regulatory compliant, meet liquidity requirements, and have strong historical data. 

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Crypto in the real world: IPFS use in Taiwan

When trading, being able to recognize signs of value is a great way to raise your awareness. One notable indicator of value is when people begin using certain products out of necessity. Organizations are generally apprehensive to adopt crypto networks and currencies because of some understandable risks. This is why the decision by Taiwan’s Ministry of Digital Affairs (MODA) to use the IPFS protocol is a powerful demonstration.

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Andreessen Horowitz 2022 Crypto Report

Here is an annual report by the crypto arm of Andreeson Horowitz, A16z. The report has a lot of interesting charts and covers Web3, market cycles, Layer 1 and Layer 2 networks, DeFi, and metaverse/NFTs. The report even mentions DAOs and how they are starting for form organizations. Interesting to hear these ideas addressed by one of the biggest investment firms.

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