Chain Reaction - 30th January 2023
Time for some action
Bit of a shorter newsletter this week given all the other work going on but some good things to highlight below. First up, we had a great first little catch up in Sydney. This was only announced in the Discord as it was more impromptu than full-blown get together. We’ll do that official one kicking off in February at Stone & Chalk as promised.


Also this week we finally got to see a project our NotCentralised partners have worked on out in the wild thanks to ausbiz with Natalie from CryptoLulu for a new real-world restaurant/hospitality NFT project right here in Sydney. Check out our Tweet on it here:





We also welcome this month some new faces to Aus DeFi’s leadership group with Jordan Franklin, Clint Bruin and Jake Denny helping us to make moves into Canberra and Newcastle in 2023. Join us in congratulating them!
Also, so good to get seen in the Arbela newsletter featuring alongside some other awesome good news from recent weeks. Arbela is also running a competition on investment research so if you’re keen to get involved, check them out here
http://arbela.io/ and on their Discord https://discord.com/invite/UAaD9W2B45
Also, great to see more folks moving into the Web3 Innovation Centre we’ve got with Stone & Chalk, this time with Collective Shift
News
Interesting read here on why Central Banks should not ignore CBDCs https://www.risk.net/comment/7955790/why-central-banks-shouldnt-ignore-stablecoins
In the SMH here and its Minister Stephen Jones highlighting how the government is not keen on having a separate regulatory environment for crypto, but on the other hand, regulating everything as a financial product isn’t great either (with Blockcain Australia weighing in).
Speaking of regulation, lawmakers in France look to be going down a pragmatic pathway to crypto adoption and Aus DeFi chapter lead Nick Bishop has a great take on it here https://www.linkedin.com/posts/nick-bishop-cfa-94760173_france-gives-crypto-firms-more-time-to-comply-activity-7023976455168544768-H_D9?utm_source=share&utm_medium=member_android
Great thread here on the issues with crypto in it needing to be useful and solve problems (something that this author weighed in on too since we’re all about that too)

Digital Surge saved by $1.25m creditor loan https://www.theguardian.com/technology/2023/jan/24/australian-crypto-exchange-digital-surge-saved-after-125m-loan-from-creditors
Other Video Highlights
Also interesting to see here how Microsoft is leveraging Ethereum
Another weekly roundup from the folks at Bankless too with SEC crackdowns continuing
Newsletters and Education
Finally, some further reading, first up for anyone who’s interested in learning more about ZK proofs, there’s this course starting soon
And if you’re interested in more web3 related learnings and newsletters, you may like the stuff being created by our friend Simo from NFTSYD over here https://mirror.xyz/nft-syd.eth/RhS4UCI5NvDpR3uP3cstESPK0QL46Fo5PRyd42QXgzI
Or the great weekly wraps from the good folks over at The Chainsaw https://thechainsaw.com/defi/the-chainsaw-weekly-wrap-volume-twenty/
See you all next week!