# Infancy #Day144

By [Yixin's Info Shop](https://paragraph.com/@yixin-s-info-shop) · 2023-02-22

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Daily Reading List\_2023\_02\_21
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A featured crypto industry brief, with a focus on DeFi and MEV.

### Weekly Hot Words

*   Bitcoin, NFT, sec, ftx, Web3
    

![Trend of top 5 hot words in 30 days](https://storage.googleapis.com/papyrus_images/dfe24672e7e87c0e4d5cd922c715f7f4e50228923217b4a8193208219c82eec2.png)

Trend of top 5 hot words in 30 days

### Today's Numbers

*   [Cosmos Interchain Foundation allocates **$40M** for ecosystem development in **2023**](https://cointelegraph.com/news/cosmos-interchain-foundation-allocates-40m-for-ecosystem-development-in-2023) _from_ **_Cointelegraph_**
    
*   [US regulatory crackdown leads to **$32M** digital asset outflows: CoinShares](https://cointelegraph.com/news/us-regulatory-crackdown-leads-to-32m-digital-asset-outflows-coinshares) _from_ **_Cointelegraph_**
    
*   [CoinShares ‘Unsure’ It Can Recover Any of **$31M** FTX Exposure](https://blockworks.co/news/coinshares-unsure-it-can-recover-any-of-31-million-ftx-exposure) _from_ **_Blockworks_**
    
*   [Galaxy Digital, PayPal Lead **$20M** Fundraise for Chaos Labs](https://www.coindesk.com/business/2023/02/21/galaxy-digital-paypal-lead-20m-fundraise-for-chaos-labs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Polyhedra Network Raises **$10M** for Zero-Knowledge Infrastructure](https://www.coindesk.com/business/2023/02/21/polyhedra-network-raises-10m-for-zero-knowledge-infrastructure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Sequoia, Multicoin Lead **$6M** Round for Crypto Startup TipLink](https://www.coindesk.com/business/2023/02/21/sequoia-multicoin-lead-6m-round-for-crypto-startup-tiplink/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Superchain Network Raises **$4M** to Build Decentralized Data Indexing Protocol](https://www.coindesk.com/business/2023/02/21/superchain-network-raises-4-million-to-build-decentralized-data-indexing-protocol/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Arbitrum-Based Factor Raises **$4M** on First Day of Token Offering](https://www.coindesk.com/markets/2023/02/21/arbitrum-based-factor-raises-4m-on-first-day-of-token-offering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [CoinShares Sees **2022** Income Plunge **97%** to **$3.6M**](https://www.coindesk.com/business/2023/02/21/coinshares-sees-2022-income-plunge-97-to-36m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Hope Finance exploit results in **$2M** stolen from users’ funds](https://cointelegraph.com/news/hope-finance-exploit-results-in-2m-stolen-from-users-funds) _from_ **_Cointelegraph_**
    
*   [Nifty News: PROOF cancels NFT conference, Bitcoin meme creator cashes in **$150K** and more](https://cointelegraph.com/news/nifty-news-proof-cancels-nft-conference-bitcoin-meme-creator-cashes-in-150k-and-more) _from_ **_Cointelegraph_**
    
*   [Bitcoin can hit **$40K** before BTC price sees ‘harsh correction’ — Analyst](https://cointelegraph.com/news/bitcoin-can-hit-40k-before-btc-price-sees-harsh-correction-analyst) _from_ **_Cointelegraph_**
    
*   [First Mover Asia: Bitcoin Edges Toward **$25K** During Slow Economic Day](https://www.coindesk.com/markets/2023/02/21/first-mover-asia-bitcoin-edges-toward-25k-during-slow-economic-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Bitcoin sees fresh **$25K** rejection as pre-Wall Street volatility returns](https://cointelegraph.com/news/bitcoin-sees-fresh-25k-rejection-as-pre-wall-street-volatility-returns) _from_ **_Cointelegraph_**
    
*   [Crypto Analysts Scramble to Explain Bitcoin's Pause Near **$25K**](https://www.coindesk.com/markets/2023/02/21/crypto-analysts-scramble-to-explain-bitcoins-pause-near-25k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Cointelegraph **2023** Top 100: Diving into the top 10](https://cointelegraph.com/news/cointelegraph-2023-top-100-diving-into-the-top-10) _from_ **_Cointelegraph_**
    
*   [Bosch partners in $100-million Web3 development foundation](https://cointelegraph.com/news/bosch-partners-in-100-million-web3-development-foundation) _from_ **_Cointelegraph_**
    
*   [Polygon Labs Cuts **20%** Workforce, Almost **100** Jobs](https://www.coindesk.com/business/2023/02/21/polygon-labs-cuts-20-workforce-almost-100-jobs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [The Open Network Releases On-Chain Governance Platform, TON Token Volume Surges **98%**](https://www.coindesk.com/business/2023/02/21/the-open-network-releases-on-chain-governance-platform-ton-token-volume-surges-98/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Bitcoin active addresses ‘concern’ analyst despite **50%** BTC price gains](https://cointelegraph.com/news/bitcoin-active-addresses-concern-analyst-despite-50-btc-price-gains) _from_ **_Cointelegraph_**
    
*   [NFT aggregator Blur eyes **30%** price pump by March amid airdrop euphoria](https://cointelegraph.com/news/nft-aggregator-blur-eyes-30-price-pump-by-march-amid-airdrop-euphoria) _from_ **_Cointelegraph_**
    
*   [TON Governance Votes To Freeze **20%** of TON Supply](https://blockworks.co/news/ton-governance-votes-to-freeze-20-of-its-ton-supply) _from_ **_Blockworks_**
    
*   [Coinbase Q4 Revenue and Earnings Beat Expectations, but Transaction Volume Falls **12%** From Q3](https://www.coindesk.com/business/2023/02/21/coinbase-q4-revenue-beats-expectations-but-transaction-volume-falls-12-from-q3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Hut **8** CEO weighs in on the bull and bear markets from a mining perspective](https://cointelegraph.com/news/hut-8-ceo-weighs-in-on-the-bull-and-bear-markets-from-a-mining-perspective) _from_ **_Cointelegraph_**
    
*   [Ethereum derivatives data suggests $1,700 might not remain a resistance level for long](https://cointelegraph.com/news/ethereum-derivatives-data-suggests-1-700-might-not-remain-a-resistance-level-for-long) _from_ **_Cointelegraph_**
    

### MEV Daily

*   [What is a grid trading **bot**, and how do you use it?](https://cointelegraph.com/news/what-is-a-grid-trading-bot-and-how-do-you-use-it) _from_ **_Cointelegraph_**
    

### Risk Alerts

*   [Hope Finance **exploit** results in $2M stolen from users’ funds](https://cointelegraph.com/news/hope-finance-exploit-results-in-2m-stolen-from-users-funds) _from_ **_Cointelegraph_**
    

### Hot Topics

*   [Filecoin, Storj Tokens Outperform **Bitcoin** Amid Increased Use of Decentralized Storage Protocols](https://www.coindesk.com/markets/2023/02/21/filecoin-storj-tokens-outperform-bitcoin-amid-increased-use-of-decentralized-storage-protocols/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Litecoin **Network** Gets Its First **NFTs** After Developer Forks **Bitcoin** Ordinals](https://www.coindesk.com/tech/2023/02/21/litecoin-network-gets-its-first-nfts-after-developer-forks-bitcoin-ordinals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [**Bitcoin** **Price** Doesn’t Care About Macro News: NY Fed Economists](https://blockworks.co/news/bitcoin-doesnt-care-about-macro) _from_ **_Blockworks_**
    
*   [**Bitcoin** ‘fixes democracy’ and fights corruption: Human Rights Foundation](https://cointelegraph.com/news/bitcoin-fixes-democracy-and-fights-corruption-human-rights-foundation) _from_ **_Cointelegraph_**
    
*   [Crypto and **Bitcoin** Miners Rebrand and Diversify to Survive: A Look at Their New Strategies](https://www.coindesk.com/consensus-magazine/2023/02/21/bitcoincrypto-miners-diversifying-amid-icy-winter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [**NFTs** will act as high-end property during boom cycles: Real Vision **CEO**](https://cointelegraph.com/news/nfts-will-act-as-high-end-property-during-boom-cycles-real-vision-ceo) _from_ **_Cointelegraph_**
    
*   [**Blur** Still Sees Record **NFT** Volumes Even After Crypto Airdrop](https://blockworks.co/news/blur-nft-volume-crypto-airdrop) _from_ **_Blockworks_**
    
*   [Friendsies **NFT** Collection Deletes Twitter After 'Pause' Announcement Spurs Rug Pull Accusations](https://www.coindesk.com/web3/2023/02/21/friendsies-nft-collection-deletes-twitter-after-pause-announcement-spurs-rug-pull-accusations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [**SEC**’s Shadow Crypto Rule Taking Shape as Enforcement Cases Mount](https://www.coindesk.com/policy/2023/02/21/secs-shadow-crypto-rule-taking-shape-as-enforcement-cases-mount/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Paxos Is Holding 'Constructive Discussions' With **SEC**](https://www.coindesk.com/policy/2023/02/21/paxos-is-holding-a-constructive-discussion-with-sec-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Paxos is engaged in ‘constructive discussions’ with SEC: Report](https://cointelegraph.com/news/paxos-is-engaged-in-constructive-discussions-with-sec-report) _from_ **_Cointelegraph_**
    
*   [CoinShares remains afloat despite heavy **FTX** losses: Q4 report](https://cointelegraph.com/news/coinshares-remains-afloat-despite-heavy-ftx-losses-q4-report) _from_ **_Cointelegraph_**
    
*   [What Are VCs Funding After FTX? More Decentralized Infrastructure](https://www.coindesk.com/consensus-magazine/2023/02/21/what-are-vcs-funding-after-ftx-more-decentralized-infrastructure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [**FTX** poked the bear and the bear is pissed — O’Leary on the crypto crackdown](https://cointelegraph.com/news/ftx-poked-the-bear-and-the-bear-is-pissed-o-leary-on-the-crypto-crackdown) _from_ **_Cointelegraph_**
    
*   [**FTX** Japan Becomes First in Group To Resume Withdrawals](https://blockworks.co/news/ftx-japan-resumes-withdrawals) _from_ **_Blockworks_**
    
*   [**Web3** Builders Need Better Funding Programs, Not Just Funds](https://www.coindesk.com/consensus-magazine/2023/02/21/web3-builders-need-better-funding-programs-not-just-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Crypto Protocol Fetch.ai Partners With Bosch to Develop **Web3** and AI Tech](https://www.coindesk.com/business/2023/02/21/fetch-ai-partners-with-bosch-to-jointly-explore-use-of-ai-and-web3-technology/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Carbon market gets a much-needed boost from **blockchain** technology — **Web3** exec](https://cointelegraph.com/news/carbon-market-gets-a-much-needed-boost-from-blockchain-technology-web3-exec) _from_ **_Cointelegraph_**
    
*   [We're Responsible for **Web3** User Journeys; It’s Time to Make Them Completely Self-Custodial](https://www.coindesk.com/consensus-magazine/2023/02/21/were-responsible-for-web3-user-journeys-its-time-to-make-them-completely-self-custodial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Mastercard to allow crypto payments in **Web3** via USDC settlements](https://cointelegraph.com/news/mastercard-to-allow-crypto-payments-in-web3-via-usdc-settlements) _from_ **_Cointelegraph_**
    
*   [ConsenSys Acquires Easy-to-Use **Blockchain** Notification Tool 'Hal' to Strengthen **Web3** Development](https://www.coindesk.com/business/2023/02/21/consensys-acquires-easy-to-use-blockchain-notification-tool-hal-to-strengthen-web3-development/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [ConsenSys eyes **Web3** notification service refinement with Hal acquisition](https://cointelegraph.com/news/consensys-eyes-web3-notification-service-refinement-with-hal-acquisition) _from_ **_Cointelegraph_**
    

### Industry Tracer

_(N.A.)_

### Deep Dive

*   [Ideas to Explore: February 2023](https://kermankohli.substack.com/p/ideas-to-explore-february-2023) _from_ **_Kerman Kohli_**
    
*   [State of Polygon Q4 2022](https://messari.io/article/state-of-polygon-q4-2022) _from_ **_Messari Crypto News Feed_**
    
*   [Analyzing the Market Potential of Fully On-Chain Games](https://messari.io/article/analyzing-market-potential-of-fully-on-chain-games) _from_ **_Messari Crypto News Feed_**
    
*   [No title](https://multicoin.capital/2023/02/21/onboarding-the-next-billion-users-to-crypto-rails/) _from_ **_Multicoin Capital_**
    

### Podcast

*   [DEBRIEF - We're All Gonna Die](http://sites.libsyn.com/247424/debrief-were-all-gonna-die) _from_ **_Bankless_**
    
*   [Huobi Applies For Crypto Trading License in Hong Kong](https://unchainedpodcast.com/huobi-applies-for-crypto-trading-license-in-hong-kong/) _from_ **_Unchained Podcast_**
    
*   [Galois Capital Shuts Down After Losing Half Its Assets in ‘FTX Disaster’](https://unchainedpodcast.com/galois-capital-shuts-down-after-losing-half-its-assets-in-ftx-disaster/) _from_ **_Unchained Podcast_**
    
*   [FTX Japan Users Can Withdraw Assets on Feb. 21](https://unchainedpodcast.com/ftx-japan-users-can-withdraw-assets-on-feb-21/) _from_ **_Unchained Podcast_**
    
*   [Just a Coincidence? Coinbase and Polygon Lawyers See Bad Omens in SEC Crackdown – Ep. 458](https://unchainedpodcast.com/just-a-coincidence-coinbase-and-polygon-lawyers-see-bad-omens-in-sec-crackdown-ep-458/) _from_ **_Unchained Podcast_**
    

### Project Tracer

*   [Stablecoins for Ecommerce and the Digital Economy](https://www.circle.com/blog/stablecoins-for-ecommerce-and-the-digital-economy) _from_ **_Circle Blog_**
    

### KOL's Opinion

_(N.A.)_

### Other Topics

*   [**Ethereum** **price** rally hit crucial resistance as institutional investors are in ‘wait and see’ mode](https://cointelegraph.com/news/ethereum-price-rally-hit-crucial-resistance-as-institutional-investors-are-in-wait-and-see-mode) _from_ **_Cointelegraph_**
    
*   [Crypto Miner Hive **Blockchain** Posts Q3 Loss as **Ethereum** Merge Cuts Revenue, Mining Margin](https://www.coindesk.com/business/2023/02/21/crypto-miner-hive-blockchains-posts-q3-loss-as-ethereum-merge-cuts-revenue-mining-margin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [**Binance** Stablecoin Flipped By Cardano, **Polygon** As Billions Burn](https://blockworks.co/news/binance-stablecoin-busd-flipped-by-cardano-polygon) _from_ **_Blockworks_**
    
*   [Gamers made up nearly half of all **blockchain** activity in January: DappRadar Report](https://cointelegraph.com/news/gamers-made-up-nearly-half-of-all-blockchain-activity-in-january-dappradar-report) _from_ **_Cointelegraph_**
    
*   [16 ways **blockchain** and crypto leaders can better educate prospective users](https://cointelegraph.com/innovation-circle/16-ways-blockchain-and-crypto-leaders-can-better-educate-prospective-users) _from_ **_Cointelegraph_**
    
*   [Green consumers want supply chain transparency via **blockchain**](https://cointelegraph.com/magazine/green-consumers-want-supply-chain-transparency-blockchain/) _from_ **_Cointelegraph_**
    
*   [Deutsche Bank Completes Asset Management Test With Memento Blockchain, Putting Domani's DEXTF Tokens Into Focus](https://www.coindesk.com/business/2023/02/21/deutsche-bank-completes-asset-management-test-with-memento-blockchain-putting-domanis-dext-tokens-into-focus/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [Nigeria's Central Bank in Talks With **Blockchain** Platform R3 for CBDC Revamp: Bloomberg](https://www.coindesk.com/policy/2023/02/21/nigerias-central-bank-in-talks-with-blockchain-platform-r3-for-cbdc-revamp-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [A Teenager Enlisted for US’ Iraq Invasion: Now He’s a Crypto CIO](https://blockworks.co/news/strix-leviathan-crypto-cio) _from_ **_Blockworks_**
    
*   [India expands national payment **network** to Singapore: What’s in it for crypto?](https://cointelegraph.com/news/india-expands-national-payment-network-to-singapore-what-s-in-it-for-crypto) _from_ **_Cointelegraph_**
    
*   [Traders Still Prefer Centralized, **Trading** Volume Suggests](https://blockworks.co/news/traders-still-prefer-centralized) _from_ **_Blockworks_**
    
*   [How to build a crypto portfolio without spending any money or time **trading**](https://cointelegraph.com/news/how-to-build-a-crypto-portfolio-without-spending-any-money-or-time-trading) _from_ **_Cointelegraph_**
    
*   [**Trading** Platform eToro Gains New York BitLicense to Provide Crypto Services](https://www.coindesk.com/policy/2023/02/21/trading-platform-etoro-wins-new-yorks-bitlicense-to-provide-crypto-services/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) _from_ **_CoinDesk_**
    
*   [What is a grid **trading** bot, and how do you use it?](https://cointelegraph.com/news/what-is-a-grid-trading-bot-and-how-do-you-use-it) _from_ **_Cointelegraph_**
    
*   [Polkadot, Solana Top Crypto For Weekly **Price** Gains](https://blockworks.co/news/polkadot-solana-crypto-price-gains) _from_ **_Blockworks_**

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*Originally published on [Yixin's Info Shop](https://paragraph.com/@yixin-s-info-shop/infancy-day144)*