🌅 Welcome!

Today, SBF was indicted by a grand jury on charges of committing or conspiring to commit fraud, along with money laundering. Elsewhere in the crypto sphere, Binance temporarily halted USDC withdrawals but has since resumed them. If there is one thing we have learned over the past month, it’s better to be safe than sorry.

Today, we take a look at new addresses on the BNB Chain while our Research team offers an update on the gaming space over the past month.

This is the Delphi Daily. Let’s dive in.

🚨 In Case You Missed It

U.S. grand jury charges Sam Bankman-Fried with committing or conspiring to commit fraud as well as money laundering.
Binance resumes USDC stablecoin withdrawals after a temporary pause.
U.S. attorney for the Southern District of New York says, “We are not done” after charging individuals for FTX collapse.
Brazil‘s central bank reveals plans to launch a CBDC in 2024.
SBF‘s lawyer suggests $250K for cash bail after he was arrested by Bahamian authorities. The bail was denied.

📊 BNB Chain Maintains Lead on New Addresses

Over the last twelve weeks, BNB Chain has gained 17.4M new addresses while other blockchains combined have gained 20.8M new addresses. This metric only counts new addresses that have made their first transaction.
While new addresses can be useful to estimate blockchain adoption, this metric is also susceptible to manipulation by seeding numerous addresses with small values to perform a single transaction.
Polygon made strong new address gains in October. During the week of Oct. 3, Polygon temporarily surpassed BNB Chain, recording 932K new addresses compared to BNB Chain’s 839K.
Fantom witnessed a resurgence in new addresses following the comeback of Andre Cronje. In the week before Andre’s Medium post on Oct. 25, Fantom averaged 5K new addresses. This increased by 64x to reach 319K, following the post.
Solana continues to experience fallout from the FTX collapse. Before the collapse, Solana averaged 149K new addresses per week. This has decreased by 33% to reach 99K ever since.

⚡ November Gaming Insights

Over the past month, blockchain-gaming dApps saw 92% more transactions than NFT marketplaces and roughly 50% more unique active-wallet interactions compared to DeFi. Similar to the past three months, these figures have hovered around 21.5M and 800k, respectively.

Over the same time frame, there has also been positive growth across the top 10 Web3 games by the number of monthly unique active-wallet interactions. Three standout titles in November were Arc8, WAM, and Planet IX, which all saw wallet activity increase significantly.
November saw a 33% increase in the number of projects funded (12 vs. 9) and a 34% increase in the total funds raised compared to October. Funding announcements are often delayed and thus should be considered a lagging indicator of industry growth.
Layer 1 blockchain Aptos partnered with Korean gaming studio Npixel. Npixel has expressed interest in exploring potential future blockchain-based content.
Tezos has been working with Unity to co-develop an SDK that makes it easier to implement wallet-pairing, interaction with smart contracts, and asset authentication into games. This will be the first Unity-verified Web3 SDK available on Unity’s Asset Store.
Polygon will be working with Walt Disney. Polygon will start by developing a collection of “digital collectibles” distributed to Disney employees during special occasions.
ImmutableX released a product to help creators enforce royalties for their collections. The Ethereum-focused tool is a community-governed list of white/blacklisted smart contracts that enforce royalties.
For more on gaming trends and news, Delphi members can read our Delphi Pro report here.

🐣 Notable Tweets

Tweet Updates on FTX Congressional Hearing

We are watching the FTX congressional hearing live. We will be livetweeting. Maxine Waters is currently introducing John Ray.

– Autism Capital (@AutismCapital) Dec 13, 2022

Binance Withdrawal Pause

Don’t know whether Binance concerns are legitimate and I’m not one to fear monger — but if you have any doubt, it can’t hurt to withdraw to self custody until any concerns are resolved. Very asymmetrical decision.

– Will Clemente (@WClementeIII) Dec 13, 2022