Chain Reaction - 20th May 2024
BTC Pizza Day, Melbourne Meetup and more
First up, it’s a big set of events coming up this week especially as its Bitcoin Pizza Week, commemorating the time in 2010 that Laszlo Hanyecz paid Jeremy Sturdivant 10,000 BTC (equivalent to USD $41.1 at the time) for 2x pizzas (worth $25). To commemorate this we have a bunch of events going on around the country.
Brisbane BTC Pizza Party - https://www.eventbrite.hk/e/bitcoin-pizza-day-brisbane-meetup-tickets-879198505397Â
Sydney also has NFT Sydney doing something -
https://twitter.com/NFTSYD/status/1791605633139265606
Bitcoin Brisbane also doing something https://www.meetup.com/bitcoinbrisbane/events/298741785/Â
Also in Sydney we’re taking over a pizza place in Surry Hills with Binance Australia and Take3. We have a few tickets left so hit us up if you’re interested.
Also this week, we’re in Melbourne at the ANNG Gallery for an event with our southern friends https://www.meetup.com/aus-defi-association-melbourne/events/300733077/Â
Next week and beyond, we have the following events so mark your calendars
Sydney 29th May https://www.meetup.com/australian-defi-association/events/300706594/Â
Perth 29th May https://www.meetup.com/australian-defi-association-perth/events/300832462/Â
Brisbane 5th June (with our friends at HopgoodGanim Lawyers - request to join the group if you have not already) https://www.meetup.com/aus-defi-association-brisbane/events/300710621/Â
Sydney (for Blockchain Week festivities with Blockchain Australia ) 13th June https://www.meetup.com/australian-defi-association/events/300988077/Â
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NEWS
Also, we spoke about blockchain enabled economies and the ways to do it without a CBDC in the latest NC Show podcast (covering blockchain in first half and AI in the 2nd)
Looks like our friends at Collective Shift are in hiring mode with a content creator/crypto analyst in their sites https://www.linkedin.com/posts/bensimpsonau_were-hiring-a-full-time-crypto-analyst-ugcPost-7195614497565204481-0R8r?utm_source=share&utm_medium=member_androidÂ
The Philippines approved the first Philippine Peso backed stablecoin over there which will enable even faster remittances for the country. Great news https://news.bitcoin.com/philippine-central-bank-approves-peso-pegged-stablecoin-for-faster-remittances/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotificationsÂ
Fiscal dominance with Lyn Alden on Bankless and the coming to a close of the era of US dollar debasement. A major history lesson in finance here.
New EIP Ethereum proposal by founder, Vitalik that reportedly took only 22 minutes is aimed at making Ethereum wallets easier to use https://www.coindesk.com/tech/2024/05/14/vitalik-buterins-ethereum-wallet-proposal-scribbled-in-22-minutes-gets-positive-reviews/?utm_medium=articlelink&utm_source=zoho&utm_campaign=15_05_24_MarketUpdate&utm_content=vit_22minuteÂ
Franklin Templeton CEO surprised at how less costly blockchain is versus traditional tech. More of this please https://www.linkedin.com/posts/anthonyjjday_etfs-and-mutual-funds-are-all-going-to-be-activity-7196471903639748609-FfyV?utm_source=share&utm_medium=member_androidÂ
Ethereum ETF judgement day is coming and the Bankless crew dive into it here
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You may have seen the news about the Tornady Cash developer, Alexei Pertsev getting 5 years in jail. The crime seems to be the details of the case and our friend Jabz dives into it here https://twitter.com/jabranthelawyer/status/1791372570916483303
The story from CoinDesk covers the appeal https://www.coindesk.com/policy/2024/05/16/tornado-cash-developer-alexey-pertsev-appeals-guilty-verdict/Â
Over in regulation world and it’s quit telling when you have an industry asking to be regulated and pushing for support behind this over the US where FIT21 act is being argued over in the US Senate. More here https://www.coindesk.com/policy/2024/05/17/crypto-industry-rallies-behind-house-bill-as-it-heads-toward-final-vote/ Â
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.