Crypto Research

INFLATION EASES, MARKETS RIP The collective world briefly exhaled this week as inflation showed its first signs of cooling in nearly a year. On Wednesday, CPI surprised to the downside, as energy prices showed a month-over-month (MoM) decline for the first time since April. Topline CPI was 8.5%, below the consensus forecast of 8.7%, and lower than the 9.1% figure in June. The CPI basket was unchanged MoM, as the...

Venture funding was flat this week, increasing slightly from $229MM to $276MM. The Metaverse/Gaming and Infrastructure segments which were down last week recovered and received the most funding out of any sector, at $87MM and $67MM, respectively. Interestingly, CeFi, one of the most highly funded sectors in the first half of 2022, has seen the lowest funding of any category this past month and received no funding this week. This...

Sean Farrell, Head of Digital Asset Strategy, outlines the Ethereum Merge, along with several emerging beta opportunities. Mark Newton, Head of Technical Strategy, provides technical analysis with near-term entry prices and possible pullbacks. Is now the time to buy ETH? Watch this first! CRYPTO WEEKLY: HIGH BETA MERGE IDEAS _*Recorded August 3, 2022_ #ethereum

NOT-SO-PRIVATE KEYS This week started with a pair of high-profile exploits – the first of which came in the form of a bridge hack, as interoperable bridging protocol Nomad was hacked for $200 million. Ironically, the vulnerability appeared to stem from a known bug highlighted in a previous audit. Despite this, the Nomad hack furthered widespread skepticism surrounding multichain bridge security. To seemingly one-up Monday’s hacker, an entity on Tuesday...