Coinstack

Lido Finance sees strong deposit commitment despite wider market volatility. The network has now seen over 4.1m ETH deposited and is outpacing that of competitor, Rocket Pool (180k ETH) over the past month.

🎧 New Podcast Episode: This Week in Crypto: (BAYC Clogs Ethereum, Goldman Sachs Bitcoin Loan, SEC Doubles Task Force) https://anchor.fm/coinstack/episodes/This-Week-in-Crypto-BAYC-Clogs-Ethereum--Goldman-Sachs-Bitcoin-Loan--SEC-Doubles-Task-Force-e1i4vtg

We will be hosting two webinars on DeFi over the next two weeks. Details here: https://coinstack.substack.com/p/defi-for-wealth-managers-and-family?s=w

OpenSea did over $3.5B in NFT volume for the month of April! That equates to over 1.2M ETH worth of volume.

Here's a podcast interview that came out today with Coinstack founder Ryan Allis... https://behindthebrilliance.com/224ryanallis/ TOPICS COVERED Ryan’s early days and his path into entrepreneurship Where the idea for iContact, his first company, came from Ryan’s early business The story of iContact’s sale Ryan’s advice on angel investing how to manage a windfall of capital How Ryan found his path into crypto as a career Ryan’s work with HeartRithm, a crypto yield fund Ryan’s advice to crypto newbies Ryan’s perspective on selling and persuasion The best advice Ryan’s received

🎧 New Podcast Episode: This Week in Crypto- (Bitcoin in 401(k)s, Stripe Using Crypto Payment Rails, BAYC Instagram Hack) https://anchor.fm/coinstack/episodes/This-Week-in-Crypto--Bitcoin-in-401ks--Stripe-Using-Crypto-Payment-Rails--BAYC-Instagram-Hack-e1hpro4

Our weekly Coinstack newsletter is out... https://coinstack.substack.com/p/this-week-in-crypto-162

Crabada is an idle play-to-earn game on Avalanche that launched in Nov. 2021. Over the past year, it's steadily consumed more blockspace on the network. Today, the game's main contract is driving more than 50% of tx fees.

Avalanche is generating ~$400M in annualized transaction fees, up almost 3x YTD. It's the 3rd biggest blockchain by fees behind Ethereum and Binance Smart Chain.

We will be hosting two webinars on DeFi over the next two weeks. Details here: https://coinstack.substack.com/p/defi-for-institutions-and-wealth

UST’s growth has been remarkable in 2022, expanding by $7.6B in around five months.

Lido dominating the staking market accounting for over 25% market share on both Ethereum and Terra.

This Week in Crypto- (ETH Merge Pushed, North Korea Hacking Group Linked to Ronin Exploit, $182M Beanstack Hack) https://anchor.fm/coinstack/episodes/This-Week-in-Crypto--ETH-Merge-Pushed--North-Korea-Hacking-Group-Linked-to-Ronin-Exploit--182M-Beanstack-Hack-e1hfsdu

This week's Coinstack newsletter is out: https://coinstack.substack.com/p/this-week-in-crypto-f5b?s=w

Wormhole now accounts for 40% of bridge users sending and receiving assets from Terra.

Terra’s TVL growth has grown quarter-over-quarter 72% to $35.2B.

NFT adoption continues growing at an exponential rate with volume surpassing over $20B

Terra's Stablecoin UST Becomes Crypto's Third-Largest Overtaking BUSD

Relative to Q2 2021, primary @TheSandboxGame LAND sales grew 23%.

65% of all the LAND parcels have already been distributed, up 2% from Q4 2021.