Alloy Insights Reading List #8

Paul Faecks

17 Nov, 2022

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5 min read

Reading List

Alchemy's Q3 Web3 Developer Report

Despite the crypto winter, with both Bitcoin and Ethereum down roughly 70% from their November 2021 highs, web3 developers are more active than ever. In fact, 2022 has been the biggest year yet. A few highlights from the report include:

36% of all smart contracts ever deployed and verified have been in 2022
In the 2 weeks following The Merge, smart contract deployment increased by 14
Despite Ethereum prices being down 62%, smart contract deployments have surged 40% to all-time highs

https://alchemy.com/blog/web3-developer-report-q3-2022

Using On-Chain Data for Policy Research

This note is an excellent exploration of the question: crypto offers granular data, available to anyone, by design. So why do a substantial number of policy papers still rely on pre-aggregated time-series data from external sources like CoinMarketCap instead of going directly to the source?

https://policy.paradigm.xyz/writing/using-on-chain-data-for-policy-research-part-1

Aave: The Crypto Conglomerate

A deep dive into one of the most used DeFi protocols: Aave. With over $5.6 billion in total value locked, Aave is one of DeFi’s most dominant players- but its ambitions extend far beyond lending, with stablecoins and social media in its sights.

https://www.readthegeneralist.com/briefing/aave?

Relevant News:

Mastercard to help banks offer crypto trading, provide compliance and security

Mastercard will help traditional financial institutions offer cryptocurrency trading by acting as an intermediary with Paxos, and providing regulatory compliance and security, according to CNBC.

https://www.theblock.co/post/177629/mastercard-to-help-banks-offer-crypto-trading-provide-compliance-and-security-cnbc

Société Générale’s Crypto Division Lands Regulatory Approval in France

In a slew of regulatory approvals for large financial institutions to engage with crypro, investment bank Société Générale has gained approval to operate digital asset services in France, in its latest crypto-focused efforts.

https://decrypt.co/112127/societe-generales-crypto-division-lands-regulatory-approval-france