Chain Reaction - 26th February 2024
Policy forums, Meetups in the Sunny Coast and back to Sydney
Back to Meetups in our flagship city of Sydney this week as run the first in person event over here this Wednesday 28th. If you're reading this and only just found out about it you can sign up here https://www.meetup.com/australian-defi-association/events/298879384/
Last week We had the Blockchain Australia Policy Forum last week where we got to partner with our sponsor NotCentralised to run the tech behind the scenes especially focusing on how AI could play a role. Just like our own events we collected the transcripts (cleaned them up) and used AI to come up with some insights. The team at Blockchain Australia will use this to help piece together a response to government and to help participants get to learn more about the space https://twitter.com/AusDeFi/status/1761192979312816624
More photos and other posts here from folks like Simon of Blockchain Australia https://www.linkedin.com/feed/update/urn:li:activity:7166548306565832705/
And Alyse Sue, Co-Founder of Transhumanism Australia/Transhuman Coin https://www.linkedin.com/posts/alysesue_blockchain-digitalassets-crypto-activity-7166587547924594688-o1Zv?utm_source=share&utm_medium=member_desktop
Chloe White features in this AFR piece on helping design the new rules for crypto https://www.afr.com/technology/this-sydney-woman-is-helping-design-the-rules-for-crypto-20240109-p5ew1v?utm_medium=social&utm_campaign=nc&utm_source=LinkedIn#Echobox=1708286917
Great to see Aus DeFi and our friends in Perth feature in this piece from Coin Telegraph https://cointelegraph.com/magazine/crypto-city-guide-perth-cointelegraph-magazine/
Coming up soon is Blockchain APAC Policy Week and along with the Blockchain Australia work, we'll continue to see this mounting pressure on getting Australia to have the right kind of regulation that helps rather than hinders the industry. More on what's on in March here https://www.linkedin.com/posts/stevevallas_policy-week-info-deck-v11-activity-7166541162554540034-f8Pl?utm_source=share&utm_medium=member_android
Additionally, we see Loretta Joseph off to London then India and Zanzibar (after a quick hop to the Blockchain Australia Policy Forum) https://www.linkedin.com/feed/update/urn:li:activity:7167285841604673536/
Other News
What does a Reddit IPO have to do with crypto? Their opinion on what ETH is, a security or not, certainly adds further flavour to the regulation game https://www.coindesk.com/consensus-magazine/2024/02/23/what-reddits-ipo-filing-says-about-crypto-regulation/
Apparently SBF is weird - at least according to his fellow inmates https://thechainsaw.com/defi/sbf-memes-are-already-epic-as-guilty-verdict-comes-in/
And in other law enforcement news - we saw Binance get their $4.3bn plea deal approved https://www.coindesk.com/policy/2024/02/23/judge-signs-off-on-binances-43b-plea-deal-with-us-prosecutors/
For those who speculate on who Satoshi Nakamoto (founder of Bitcoin) really is (or are if its multiple people), then this week would have been fun as you’d have seen the release of more emails between them and Martti Malmi https://cointelegraph.com/news/newly-released-satoshi-nakamoto-emails-treasure-trove-early-bitcoin-lore
What does Europe’s new data act have to do with crypto? If they rules around their ‘safe’ way to kill an immutable smart contract come to pass, it gets rid of any notion of an immutable blockchain for anything across any industry over there - check this out https://dailyhodl.com/2024/02/24/europes-crypto-kill-switch-has-arrived/
Great insights from Hashlock on the ERC404 protocol https://www.linkedin.com/pulse/introducing-erc-404-everything-you-need-know-hashlock-qypwf?utm_source=share&utm_medium=member_android&utm_campaign=share_via
See you next week!
Mark Monfort - Editor (Australian DeFi Association / NotCentralised)
About Aus DeFi Association
The Australian DeFi Association (Aus DeFi) is a non-profit community organization dedicated to increasing education and awareness of blockchain technology, specifically decentralized finance (DeFi) and web3-based projects. Their goal is to empower the Australian community with the knowledge and tools to participate in the decentralized 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 organizations 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