WRITING:
I co-authored an extensive piece on the state of Ethereum, and focused specifically on the biggest development achievement to date: The Merge from Proof of Work to Proof of Stake. Thread and article links below.
MARKET:
Some good news this past week as Ukraine/Russia are having arbitrated negotiations in Turkey and the labor market is doing well. It’s been reported this is the Lowest number of jobless claims since 1969.
While Do Kwon and LFG (Luna Foundation Guard) are buying billions in $BTC, Saylor couldn’t be outdone.
Technically speaking, $BTC posted its strongest weekly returns since October, ‘21. If we can break major weekly support and hold $48,000, price is likely to run higher.
NEWS:
The digital revolution is upon us…hence Goldman’s homepage change!
Meta has not slowed down in their Web3 pursuit
NFTs:
REGULATORY:
Crypto and Bitcoin continue to be a major political discussion
RUGS:
New record DeFi exploit - over $600m stolen from the Ronin bridge, which allows Axie Infinity players to bridge liquidity from Ethereum!
The attacker deposited funds on centralized exchanges so it’s very unlikely he gets away with this!
POD O’ THE WEEK:
Ethropy Referral Links
Osmosis Validator for Four Moons - Delegate $OSMO
Voyager Referral - Get $25 in $BTC
Ethropy Wallet - ethropy.eth
Buy a Ledger Hardware Wallet (Affiliate Link)
Thank you for your support!