Chain Reaction - 15th April 2024

Chain Reaction - 15th April 2024

Hello DeFi Enthusiasts,

Welcome to the latest edition of Chain Reaction, where we bring you the most recent and exciting developments in the world of Decentralised Finance (DeFi), web3, blockchain, crypto and more. Let's dive into the updates that are shaping our industry.

Highlights from Aus DeFi Perth event

Great shots here from the talks at UWA X JellyC X Aus DeFi event in Perth thanks to Sophie Amat, one of our chapter leads over there

Decentralised AI

Emad Mostaque, formerly CEO of Stability AI, famously left the platform to pursue more decentralised AI approaches and we see more about this in this Bankless interview

ASIC vs Finder

ASIC have appealed a court loss in their case against Finder, more info here

The Ordinals Enigma

A mysterious and unique Bitcoin inscription has caught the attention of the crypto community. To unravel the mystery, head over to this intriguing blog

Bitcoin's Halving and AI's Role

Bloomberg has released a high-quality production examining Bitcoin's halving and the increasing competition for miners. They also explore how AI might offer a solution for mining firms. Watch the video

Ethereum's Monetary Policy Debate

The Bankless team has released an informative video discussing the controversy surrounding potential changes to Ethereum's monetary policy. They also provide a breakdown of how monetary policy functions in traditional markets. Tune in to the discussion

Crypto Lawyers Counter SEC Actions

The crypto industry's legal experts are pushing back against the SEC. Dive into the legal strategies being employed in this insightful

Crypto Personalities Enter the Karate Combat Arena

David from Bankless and Nic Carter are set to face off in the Karate Combat fights, a web3 backed martial arts league. For more on this unexpected showdown, read the article

Novatti's Upcoming Digital Payments Event

We're excited to see Novatti at an upcoming event on digital payments, hosted by RMIT and others in early May. For event details, visit

Highlights from Upside's Bitcoin Event

Upside recently hosted a Bitcoin event featuring Jackson from Caleb and Brown, along with insights from Michael Saylor. Catch the highlights

and

SEC vs Uniswap

An attack on the centralised Finance with the SEC going after uniswap. They issued a Wells notice which is usually a sign of an imminent enforcement order. It's interesting given that uniswap is one of the key protocols that we point to from their space when showcasing that DeFi works. When things went wrong all the way back during the 3AC and Terra/Luna debacle, Uniswap is one of the things that just continued to work. If things got liquidated smart contracts automatically ran to pay back those who needed to be and there was nothing untoward. We'll see how this goes for the SEC and the industry


See you next week, folks, for another round of highlights!



About Aus DeFi Association

The Australian DeFi Association (Aus DeFi) is a non-profit community organisation dedicated to increasing education and awareness of blockchain technology, specifically decentralised finance (DeFi) and web3-based projects. Their goal is to empower the Australian community with the knowledge and tools to participate in the decentralised economy, and to promote the adoption and growth of blockchain technology in Australia. They strive to provide a more grassroots approach to promoting blockchain technology compared to other industry-focused organisations in Australia, and to provide a platform for community members to learn about and engage with this emerging technology.

You can watch our recorded meetups and interviews here on YouTube: https://www.youtube.com/@ausdefiassociation3956/videos


Sponsors

This newsletter is brought to you by our sponsors at NotCentralised who use their AI tool, SIKE, to bring together the highlights each week. For more on SIKE and the world of business-friendly AI, see here.

We also thank all of our sponsors who help us run and organise and keep this association going. We could not do it without them so check out their details here.

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