# The Coinweb Daily Spin

By [Coinweb.io](https://paragraph.com/@rukawin) · 2023-04-04

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**The Daily Spin. _Tokenomics Tuesday Edition._** Coinweb closes $2m fundraising round from SAVA Investment Management. Dogecoin rallies 30% after Twitter logo changes to DOGE, Elon Musk asks court to dismiss $258B Doge racketeering case. Arbitrum DAO governance is in shambles after the first proposal fails, leading to whales dumping and the token taking a hit. Bakkt acquires Apex Crypto for $155m, DFinity releases Chain-Key Bitcoin, OpenOcean launches Kava Network’s first DEX aggregator. Bitquery launches a new streaming API service into the web3 infrastructure space. Solana-based Rollbit Coin faces currents due to crypto influencers’ promotion tactics.

Cobie started a rumor on CT that the Interpol issued a Red Notice for Binance’s Changpeng Zhao, which is later confirmed as not true by the international agency. Various governments are backing away from reliance on the US Dollar, from the BRICs nations to the ASEAN bloc. Japan’s FSA issues warnings to ByBit, BitGet, MEXC Global, and Bitforex to cease unregistered exchange operations.

A lot of good reads in the Thought Leadership section today, including how to use ChatGPT better, Balaji’s $2m bet on BTC, and what to do with that ARB token airdrop… here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed into the market news with the most trending, in-the-know, and controversial topics. In the name of transparent, dissemination of information to keep you curious, inspired, and clinically sane… 

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\*\*Ongoings at Coinweb

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management [https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management](https://www.benzinga.com/pressreleases/23/04/a31637718/coinweb-has-closed-2-million-fundraising-round-from-sava-investment-management)

The Coinweb Monthly Spin - Sixth Edition: Coinweb Project's Monthly Round-Up and Curated News & Events From The Bleeding Edge of All Things Web3 [https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?\_gl=1\*1lv6vvu\*\_ga\*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.\*\_ga\_E6Y4WLQ2EC\*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w](https://coinweb.beehiiv.com/p/coinweb-monthly-spin-sixth-edition?_gl=1*1lv6vvu*_ga*NjEwNTkwMjc0LjE2NzU3NTc5NjQ.*_ga_E6Y4WLQ2EC*MTY4MDQ5NDg4Mi4yMy4xLjE2ODA0OTU1ODcuMzguMC4w)

SoftServe, Ultra, Coinweb, ConsenSys, DSCVR and XDC Foundation on Blockchain Misconceptions [https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/](https://thefintechtimes.com/softserve-ultra-coinweb-consensys-dscvr-and-xdc-foundation-on-blockchain-misconceptions/)

Coinweb’s Layer 2 marks 4 million transactions milestone [https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20](https://twitter.com/CoinwebOfficial/status/1638125472814092291?s=20)

Coinweb Partners With Ceffu for Institutional Crypto Custody [https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm\_source=twitter&utm\_medium=organic\_social&utm\_campaign=cweb0321](https://www.ceffu.com/blog/coinweb-partners-with-ceffu-for-institutional-crypto-custody?utm_source=twitter&utm_medium=organic_social&utm_campaign=cweb0321)

Coinweb’s Fireside Chat Series, digitALL: Innovation and Technology for Gender Equality [https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20](https://twitter.com/CoinwebOfficial/status/1636676933361745920?s=20)

“A Thread on Refereed Delegation of Computation” by Kawin on Twitter [https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20](https://twitter.com/CoinwebOfficial/status/1635952081302589441?s=20)

Coinweb to bring cross-chain tokenisation to Layer 2 [https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/](https://cryptoslate.com/coinweb-to-bring-cross-chain-tokenisation-to-layer-2/)

“A Thread on L2 Scalability, Network Efficiency and Throughput/TPS” by Anton on Twitter [https://twitter.com/CoinwebOfficial/status/1633424957693915137](https://twitter.com/CoinwebOfficial/status/1633424957693915137)

A Leading Layer 2 Platform Looking To Tackle Crypto's Interoperability Issue [https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue](https://www.benzinga.com/markets/cryptocurrency/23/02/31067514/a-leading-layer-2-platform-looking-to-tackle-cryptos-interoperability-issue)

“The Reality of Large-scale Enterprises Adopting Blockchain Technology” an article by Toby Gilbert for CityAM Magazine [https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/](https://www.cityam.com/the-reality-of-large-scale-enterprises-adopting-blockchain-technology/)

Coinweb Labs is proud to unveil LinkMint ⛓️🍃, our groundbreaking Cross-Chain Tokenisation Platform and DeconX, our integrated native DEX! Live Walkthrough Demonstration for the Community by Toby, Knut, and Alexander.  [https://www.youtube.com/watch?v=CSKA3cAB15U](https://www.youtube.com/watch?v=CSKA3cAB15U)

“A Thread on Guaranteed Liveness and the Coinweb Routing System” by Anton on Twitter [https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20](https://twitter.com/CoinwebOfficial/status/1630052477579169793?s=20)

“A Thread on Rollups, Monolithic, and Modular Blockchains” by Kawin on Twitter [https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa\_jlg](https://twitter.com/rukawin/status/1616342851507613696?s=46&t=BjBOK3soH3kOMbsWEa_jlg)

Toby’s full presentation at Token2049-London [https://youtu.be/pdtKx3vAs9c](https://youtu.be/pdtKx3vAs9c)

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On the Radar\*\*

**Ethereum Shanghai-Capella Upgrade, Apr 12 (On-chain)** Hong Kong Web3 Festival, Apr 12-15 (Wan Chai, Hong Kong) **Consensus 2023, Apr 26-28 (Austin, Texas)**

Web3 Weekend, May 8-13 (Jakarta)

AIBC Asia, Jul 19-22 (Manila)

**TOKEN2049, Sep 13-14 (Singapore)**

\*\* Blockchain Events curated by CryptoNomad\*\* [https://docs.google.com/spreadsheets/d/1KtyFTb\_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit](https://docs.google.com/spreadsheets/d/1KtyFTb_W282bQ1xoVA5rlTwTDz3QfhswWIVpXhpbQIc/edit)

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On the Block(chain)\*\*

Dogecoin rallies 30% after Twitter logo changes to DOGE [https://cryptoslate.com/dogecoin-rallies-30-after-twitter-logo-changes-to-doge/](https://cryptoslate.com/dogecoin-rallies-30-after-twitter-logo-changes-to-doge/)

Ethereum deposit contract holdings exceed 18 million ETH [https://cryptoslate.com/insights/ethereum-deposit-contract-holdings-exceed-18-million-eth/](https://cryptoslate.com/insights/ethereum-deposit-contract-holdings-exceed-18-million-eth/)

Bakkt finalizes $155M acquisition of Apex Crypto [https://cryptoslate.com/bakkt-finalizes-155m-acquisition-of-apex-crypto/](https://cryptoslate.com/bakkt-finalizes-155m-acquisition-of-apex-crypto/)

S&P Global hiring for DeFi leadership position [https://cryptoslate.com/sp-global-hiring-for-defi-leadership-position/](https://cryptoslate.com/sp-global-hiring-for-defi-leadership-position/)

Survey shows Russian households prefer crypto over gold [https://cryptoslate.com/survey-shows-russian-households-prefer-crypto-over-gold-for-investment/](https://cryptoslate.com/survey-shows-russian-households-prefer-crypto-over-gold-for-investment/)

ARB token takes a hit as 2 whales liquidate holdings [https://cryptoslate.com/arb-token-takes-a-hit-as-2-whales-liquidate-holdings/](https://cryptoslate.com/arb-token-takes-a-hit-as-2-whales-liquidate-holdings/)

Istanbul Blockchain Week set to return in August for largest Turkish web3 event of 2023 [https://cryptoslate.com/press-releases/istanbul-blockchain-week-set-to-return-in-august-for-largest-turkish-web3-event-of-2023/](https://cryptoslate.com/press-releases/istanbul-blockchain-week-set-to-return-in-august-for-largest-turkish-web3-event-of-2023/)

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Competitive Landscape\*\*

Coinbase dominates US market with over 75% market share [https://cryptoslate.com/coinbase-dominates-us-market-with-over-75-market-share/](https://cryptoslate.com/coinbase-dominates-us-market-with-over-75-market-share/)

Bitquery's New Streaming API is Changing Web3 Infrastructure Space [https://news.bitcoin.com/bitquerys-new-streaming-api-is-changing-web3-infrastructure-space/?utm\_source=OneSignalPush&utm\_medium=notification&utm\_campaign=PushNotifications](https://news.bitcoin.com/bitquerys-new-streaming-api-is-changing-web3-infrastructure-space/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications)

Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token [https://news.bitcoin.com/dfinity-foundation-launches-chain-key-bitcoin-a-native-internet-computer-btc-derivative-token/?utm\_source=OneSignalPush&utm\_medium=notification&utm\_campaign=PushNotifications](https://news.bitcoin.com/dfinity-foundation-launches-chain-key-bitcoin-a-native-internet-computer-btc-derivative-token/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications)

OpenOcean Launches as Kava Network’s 1st DEX Aggregator [https://openoceanfinance.medium.com/openocean-launches-as-kava-networks-1st-dex-aggregator-d9a258778075](https://openoceanfinance.medium.com/openocean-launches-as-kava-networks-1st-dex-aggregator-d9a258778075)

Solana-based Rollbit Coin faces scrutiny over crypto influencer promotion tactics [https://cryptoslate.com/solana-based-rollbit-coin-faces-scrutiny-over-crypto-influencer-promotion-tactics/](https://cryptoslate.com/solana-based-rollbit-coin-faces-scrutiny-over-crypto-influencer-promotion-tactics/)

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US. Coordinated Regulation Failures\*\*

Elizabeth Warren Explains Her 'Anti-Crypto Army' Stance; Waves of Democrats Oppose Her Bitcoin Criticism [https://news.bitcoin.com/elizabeth-warren-explains-her-anti-crypto-army-stance-waves-of-democrats-oppose-her-bitcoin-criticism/?utm\_source=OneSignalPush&utm\_medium=notification&utm\_campaign=PushNotifications](https://news.bitcoin.com/elizabeth-warren-explains-her-anti-crypto-army-stance-waves-of-democrats-oppose-her-bitcoin-criticism/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications)

Binance's BNB, Bitcoin Tumble After Crypto Twitter Personality Cobie's Wild Guess [https://www.coindesk.com/policy/2023/04/03/unverified-rumor-of-interpol-red-notice-for-binance-ceo-changpeng-zhao-sends-bnb-bitcoin-lower/](https://www.coindesk.com/policy/2023/04/03/unverified-rumor-of-interpol-red-notice-for-binance-ceo-changpeng-zhao-sends-bnb-bitcoin-lower/)

Interpol does not list Red Notice for Changpeng Zhao, despite rumors [https://cryptoslate.com/interpol-does-not-list-red-notice-for-changpeng-zhao-despite-rumors/](https://cryptoslate.com/interpol-does-not-list-red-notice-for-changpeng-zhao-despite-rumors/)

Musk asks court to dismiss $258B DOGE racketeering lawsuit [https://cryptoslate.com/musk-asks-court-to-dismiss-258b-doge-racketeering-lawsuit/](https://cryptoslate.com/musk-asks-court-to-dismiss-258b-doge-racketeering-lawsuit/)

DOJ seizes $112M tied to cryptocurrency schemes [https://cryptoslate.com/doj-seizes-112m-tied-to-cryptocurrency-schemes/](https://cryptoslate.com/doj-seizes-112m-tied-to-cryptocurrency-schemes/)

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World\*\*

Worldcoin Launches World ID, an AI Resistant, Iris Dependant ID Protocol [https://news.bitcoin.com/worldcoin-launches-world-id-an-ai-resistant-iris-dependant-id-protocol/?utm\_source=OneSignalPush&utm\_medium=notification&utm\_campaign=PushNotifications](https://news.bitcoin.com/worldcoin-launches-world-id-an-ai-resistant-iris-dependant-id-protocol/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications)

Household Crypto Holdings Included in Bank of Russia’s Consumer Finance Survey [https://news.bitcoin.com/household-crypto-holdings-included-in-bank-of-russias-consumer-finance-survey/?utm\_source=OneSignalPush&utm\_medium=notification&utm\_campaign=PushNotifications](https://news.bitcoin.com/household-crypto-holdings-included-in-bank-of-russias-consumer-finance-survey/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications)

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar [https://news.bitcoin.com/india-to-facilitate-international-settlements-in-rupees-to-reduce-dependence-on-the-us-dollar/?utm\_source=OneSignalPush&utm\_medium=notification&utm\_campaign=PushNotifications](https://news.bitcoin.com/india-to-facilitate-international-settlements-in-rupees-to-reduce-dependence-on-the-us-dollar/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications)

ASEAN Countries Take Steps to Reduce Reliance on US Dollar for Trade Settlements [https://news.bitcoin.com/asean-countries-take-steps-to-reduce-reliance-on-us-dollar-for-trade-settlements/?utm\_source=OneSignalPush&utm\_medium=notification&utm\_campaign=PushNotifications](https://news.bitcoin.com/asean-countries-take-steps-to-reduce-reliance-on-us-dollar-for-trade-settlements/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications)

Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official [https://news.bitcoin.com/regulators-should-heed-crypto-risks-when-innovating-regulation-says-chinese-central-bank-official/?utm\_source=OneSignalPush&utm\_medium=notification&utm\_campaign=PushNotifications](https://news.bitcoin.com/regulators-should-heed-crypto-risks-when-innovating-regulation-says-chinese-central-bank-official/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications)

Japan FSA warns four exchanges to cease operating without licensing [https://cryptoslate.com/japan-fsa-warns-four-exchanges-to-cease-operating-without-licensing/](https://cryptoslate.com/japan-fsa-warns-four-exchanges-to-cease-operating-without-licensing/)

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Thought Leadership\*\*

How to be ahead of 99% of ChatGPT users (prompt engineering) [https://artificialcorner.com/youre-using-chatgpt-wrong-here-s-how-to-be-ahead-of-99-of-chatgpt-users-886a50dabc54](https://artificialcorner.com/youre-using-chatgpt-wrong-here-s-how-to-be-ahead-of-99-of-chatgpt-users-886a50dabc54)

Deposits Locked, Withdrawals Minted [https://offchain.medium.com/deposits-locked-withdrawals-minted-a7e975708b3d](https://offchain.medium.com/deposits-locked-withdrawals-minted-a7e975708b3d)

Why Paris Blockchain Week Ranks As One Of The 3 Best Crypto Conferences On The Planet [https://medium.com/quantum-economics/why-paris-blockchain-week-ranks-as-one-of-the-3-best-crypto-conferences-on-the-planet-5469ad6759e0](https://medium.com/quantum-economics/why-paris-blockchain-week-ranks-as-one-of-the-3-best-crypto-conferences-on-the-planet-5469ad6759e0)

What Should You do With the Arbitrum Airdrop? [https://medium.com/@bitpushnews/what-should-you-do-with-the-arbitrum-airdrop-be6d5f740ddb](https://medium.com/@bitpushnews/what-should-you-do-with-the-arbitrum-airdrop-be6d5f740ddb)

Balaji Srinivasan, and why we should be worried about his $2 million bet [https://medium.com/enrique-dans/balaji-srnivasan-and-why-we-should-be-worried-about-his-2-million-bet-a8fec7e8330c](https://medium.com/enrique-dans/balaji-srnivasan-and-why-we-should-be-worried-about-his-2-million-bet-a8fec7e8330c)

![](https://storage.googleapis.com/papyrus_images/1b393ff9a5d37f22f566a124f478add2916dc9648d3e72791445a1c3e455423f.png)

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*Originally published on [Coinweb.io](https://paragraph.com/@rukawin/the-coinweb-daily-spin-11)*
