1/ Today, I'm excited to unveil something we've been working on at @bitwise for over a year —
Bitwise is expanding into active.
https://t.co/u3Tbm4asmx
We've had a front row seat in crypto for over 5 years. The future is bright & opportunities are expanding.
A thread—
1/ ETH is up 20% over the past few days, and crypto stocks are up 15%.
You might be wondering, why?
A helpful analogy to explain these moves is to think about a wildfire.
If there’s one question we’ve been getting from financial advisors recently, it’s on tax loss harvesting (TLH).
There’s a wide body of TLH research for traditional assets but no literature in crypto. So @Matt_Hougan, @GayatriPC_ and I wrote a white paper on it.
Short thread:
In September 2022, the SWIFT network partnered with @chainlink with the goal to facilitate cross-chain digital asset transfers
Founded in the 70s, the archaic @swiftcommunity is keen on adapting and growing with the efficiencies of blockchain technology
https://t.co/7SCpZinYqZ
We have exciting news! Today we launched the Bitwise Web3 ETF (BWEB), a fund designed to provide focused exposure to one of the fastest-emerging themes in technology. For more information about the fund, go to: https://t.co/8rjQbwFJrM
1/25
In our newest research piece, @Anais_Rchl, @GayatriPC_, & I explore Staking as a Service (STaaS), an emerging crypto sector poised for growth.
- The Merge & why people stake crypto assets
- Staking as a Service & the growth of STaaS providers
- The outlook for STaaS
And we finalized!
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
1/ Starting today, Coinbase will begin integrating our crypto policy efforts right into our app. These will help our 103M verified users get educated on the crypto positions held by political leaders where they live.
@Aloki_io goes all in on sustainability with 2023 play-to-own metaverse project.
Planting a tree in the metaverse will trigger a second real-world tree to be planted on the 750 acre Alóki Sanctuary of Costa Rica.
Metaverse 🤝 Real World
North Korean hacking group, Lazarus, shift fund laundering efforts to currency mixer ChipMixer after OFAC sanctions on #TornadoCash and #BlenderIo.
https://t.co/MbHIoaY3Hz
New column on our website from @GayatriPC_ and I: We dug into on-chain indicators to measure where we are in the current market cycle through three key trends: geographical flows, investor positioning, and market sentiment.
A TLDR thread👇
1/ On 8/8/22, OFAC sanctioned 44 Tornado Cash addresses leading Circle (USDC issuer) to freeze >75,000 USDC linked to 38 sanctioned addresses.
Some data about how this unfolded 👇🏼
Sanctioning a technology (as opposed to an individual or entity) seems like a bad precedent to me, and it should probably be challenged. Could have many downstream unintended consequences.
#TornadoCash
Hopefully obvious point: we will always follow the law.
Wonderful analyst column utilizing on-chain data analytics to determine the state of the crypto market cycle.
Props to @bitwise Quantitative Crypto Research Analyst @GayatriPC_ and Director of Research @dlawant for the insight. https://t.co/jntQDWPfCJ
1/ Ever wonder what geographical flows and investor positioning can tell us about where we stand in the crypto market cycle? @dlawant and I dig through on-chain data to shed some light on key market trends
🧵 👇🏼
51% attacks are a major risk for smaller PoW protocols.
@eth_classic suffered 4 separate 51% attacks from '19-'20, resulting in the MESS security upgrade. MESS made it 31x more expensive to implement a 51% attack and thus, unprofitable.