The weekly Coinstack newsletter is out...

https://coinstack.substack.com/p/the-great-shakeout

GMX.io (a Decentralised Perpetual Exchange) is now one of the top entities on Arbitrum by users & transactions

Only 1% of total fees on Ethereum can be attributed to L2 security fees.

🎧 New Podcast Episode: The Great Shakeout

https://anchor.fm/coinstack/episodes/The-Great-Shakeout-e1l9dgm

Since January 2022, Uniswap's market share of volume relative to Coinbase's has surged from 27% to nearly 50%. This strong shift in market structure comes as Ethereum network transaction fees drop to their lowest levels since 2020.

Below is a summary of Celsius’ current assets ($4.3B) and liabilities ($5.5B) from their bankruptcy filing indicating they have around -$1.2B in asset value currently. The good news is that they still have assets covering about 78% of their liabilities, which means depositors should get something back eventually after the Chapter 11 Bankruptcy works it’s way through the courts.

Q2'22 saw the most crypto private deals take place. Coinbase and Animocabrands led all the investors for the second time in a row, with Polygon Studios right behind them.

dYdX now has 38 perp markets, up from 33 at the end of last quarter. Governance has already targeted 15 new assets for further listing, highlighting the protocol’s continued focus on serving its user base.

The weekly Coinstack newsletter is out...
https://coinstack.substack.com/p/is-the-crypto-bottom-in

Inside this issue:
3AC, Celsius, Ethereum, Avax BTC, Solana, Genesis, DCG, Russia, NFTWorlds

Adding up the total 3AC loan book at the time of their bankruptcy filing, we get to around $3.5 Billion, begging the question, how did 3AC get lent so much money, and were these lenders even aware of each other?

🎧 New Podcast Episode: Is the Crypto Bottom In?

https://anchor.fm/coinstack/episodes/Is-the-Crypto-Bottom-In-e1lhif2

Out of the surviving stablecoins, FRAX, was, surprisingly, the *most* stable in Q2.

Our weekly Coinstack newsletter just went live:

https://coinstack.substack.com/p/sec-vs-cftc-an-epic-duel

The top 25 Crypto VCs according to our research based on number on blockchain company investments.

Next Thursday August 4 we are hosting a webinar called "Investing in Crypto Quant Funds"

https://coinstack.substack.com/p/webinar-crypto-quant-funds

Register free at: www.amphibiancapital.com/webinar

🎧 New Podcast Episode: SEC vs. CFTC: An Epic Duel

https://anchor.fm/coinstack/episodes/SEC-vs--CFTC-An-Epic-Duel-e1lqq3p

An interesting video from SEC Chair Gary Gensler today who wants the SEC to regulate all of crypto instead of the CFTC.

https://twitter.com/garygensler/status/1552700562533236739?s=28&t=iUOXFzaAab1DYqM7luVTyA

Crypto markets experienced a strong turnaround in July led by ETH, which closed the month up 54%, far outpacing BTC's 20% gains. The ETH rally comes ahead of the network's upcoming migration to proof-of-stake which is slated for this September.

80% of transactions are now consistent with the new EIP-1559 transaction type