Digital Assets Report 51
- Top Universities inlcuding Harvard and Oxford form an Education Decentralized Autonomous Organisation to promote Web 3.0
- Anchorage Digital raises $350 million in round led by KKR
- Fantom DeFi protocol suffers $30 million hack
- Dubai World Trade Center to create new Crypto hub
Business
KKR Bet on Crypto Vault Pushes Valuation Past $3 Billion
Anchorage Digital, the first federally chartered digital asset bank, raised $350 million in a funding round led by private equity firm KKR & Co., pushing its valuation to just over $3 billion.
Crystal Kim
Dune Analytics is raising funds at a $1 billion valuation: sources
Dune Analytics, the Norwegian crypto analytics startup, is raising a fresh round of financing at a strikingly high valuation of $1 billion.
Ryan Weeks
Adidas’ Metaverse NFT Collection Sells Out in Minutes
Despite technical hiccups, the Adidas ORIGINALS: Into the Metaverse NFT collection sold out within minutes of its launch today.
Brooks Butler
Fantom DeFi Project Grim Finance Exploited for $30M
The hit was one of the largest on the Fantom blockchain.
Shaurya Malwa
Michael Jordan Jumps Into Web3 via Solana App for Athletes - Decrypt
The NBA legend and son Jeffrey Jordan are launching HEIR, a fan engagement platform built on the Solana blockchain.
Andrew Hayward
Reddit Co-Founder Creates $200M Initiative With Polygon for Web 3, Social Media
Polygon will provide the infrastructure for the projects that the initiative backs.
Jamie Crawley
Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3.0 innovations, financed by BitDAO treasury
“Tomorrow’s most promising products and designs are being devised at the university level right now; this partnership facilitates that growth at a scalable level by giving students and faculties access to sorely needed investment capital,” said John Allen of Mirana ventures.
Zhiyuan Sun
Markets
Why the 2020s will be a Golden Age for Bitcoin Mining — Blockware Solutions
The 2020s have been and will continue to be a golden age for Bitcoin mining. It’s an ideal strategy to deploy significant capital into the industry in order to accumulate as many coins as possible if you have a long time horizon.
Joe Burnett
Ether Drops to $3.8K as Over $12.5M in Futures Get Liquidated
The second-largest cryptocurrency by market cap saw the most futures liquidation during early Asian hours.
Shaurya Malwa
Regulations
Dubai World Trade Centre to create new crypto hub and become regulator
State-owned Dubai World Trade Centre will become a comprehensive zone and regulator of cryptocurrencies, products, operators and exchanges within Dubai.
Helen Partz
SEC delays decisions on Bitwise and Grayscale’s Bitcoin ETFs
Bitwise and Grayscale applied with the U.S. SEC to list their respective exchange-traded products back in October.
Helen Partz
Opinions
Fed chair Jerome Powell says he isn’t concerned about crypto disrupting financial stability in the US
At a news conference on Wednesday, Jerome Powell supported the conclusions of a report from the President’s Working Group on Financial Markets on stablecoins.
Turner Wright
Billionaire Ray Dalio ‘impressed’ how Bitcoin survived the last decade
Hedge fund manager Ray Dalio, formerly a Bitcoin critic, is closing the year with a positive stance on cryptocurrencies.
Ezra Reguerra
Readings / Podcasts
Messari's Crypto Theses for 2022
https://messari.io/pdf/messari-report-crypto-theses-for-2022.pdf