Crypto News of the Day - Tuesday December 1st, 2020

Crypto News of the Day - Tuesday December 1st, 2020


Solid Research Call with some good Organizations listed at the bottom that we discussed today. 

1) Ethereum 2.0 Phase 0 has launched! And thankfully without a hitch.

Link to new blockchain explorer (BeaconChain): https://beaconcha.in/

Why Ethereum 2.0 is important: https://academy.binance.com/en/articles/what-is-ethereum-2-0-and-why-does-it-matter?ref=JLI1VBLA&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial

2) This started a massive Tax debate about whether ETH1 moving to ETH2 is a taxable event. The answer is "no-one knows yet, and I'm not confident the governments will get this one right"

3) Coinbase will now provide ETH2.0 staking services

Blog Announcement: https://blog.coinbase.com/ethereum-2-0-staking-rewards-are-coming-soon-to-coinbase-a25d8ac622d5

5) Yearn.finance and Sushi.finance are working together!

Article Link: https://medium.com/iearn/yearn-x-sushi-%E8%A1%8C%E3%81%A3%E3%81%A6%E3%81%8D%E3%81%BE%E3%81%99-41b2f78b62e9

4) Yearn.finance has been doing so many "mergers" that Andre Cronje felt it necessary to address nomenclature in the decentralized space. He was quite articulate. YFI grows ever stronger:

YFI x SUSHI

YFI x PICKLE

YFI x COVER

YFI x HEGIC

YFI x ALPHA

YFI x AKRO

YFI x CREAM

YFI x AAVE

YFI x SXN

YFI x COMP

YFI x MKR

YFI x ETH

Article Link: https://andrecronje.medium.com/merger-acquisition-partnership-collaboration-nomenclature-in-the-decentralized-space-ca24370d6f27

5) THORChain continues to build

6) Cool website that is tracking who owns all the $BTC: https://www.kevinrooke.com/bitcoin

7) Libra is rebranding and changing it's name to "Diem". Still centralized. 

CoinDesk Article: https://www.coindesk.com/libra-diem-rebrand

8) A Universal Carbon (UPCO2) token is being issued on Tuesday

CoinDesk Article: https://www.coindesk.com/blockchain-coalition-launches-tradable-carbon-credit-token

9) Buy my NFT!
https://app.rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:87964:0xdecd4b961b1984c44afbadbe2844777a627572aa?tab=overview

10) We look at both the Oracle page and the Polkadot page on Coingecko: 

https://www.coingecko.com/en?category_id=oracle&view=market

https://www.coingecko.com/en?category_id=dot-ecosystem&view=market

11) New Organization Found

https://rabbithole.gg/

ORGANIZATIONS DISCUSSED

You don't need to be a VC to have a research community.

Join us on YouTube weekday mornings between 830ish-930ish (PST - US) for A.M. Crypto Research Call. 

Crypto Cartography YouTube channel: https://www.youtube.com/channel/UCe-HvJnTz6qUkxrYvJXofFA

Join a Crypto Research community: https://discord.gg/dEbktgxZbH

Twitter: https://twitter.com/MrCartographer_

 

Please note: The material presented in all articles is for educational purposes only and is not intended to be investment advice. Do not invest in the organizations I provide analysis about. This is not investment advice. Crypto Cartography, including its principal, is not a financial advisor. Please seek professional investment & tax advice before investing.

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Crypto Cartography
Crypto Cartography

Crypto Research & Valuations. Fundamental Valuations of crypto organizations focused on live dapps and product demos.


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