ACE’S TAKE:
If you missed my article on friend.tech, it’s worth a read and signing up with an account. It’s a really easy way to get onboarded to crypto and learn the ‘who’s who’ in the space.
MARKET:
It was only a matter of time before the market got some volatility. Volatility was nearing all time lows for Bitcoin, and unfortunately the volatility came to the downside. I really need to learn more about straddles, an options strategy that would have played out well (the put would’ve paid while the call would’ve lost the premium for a net win).
The Greyscale court case against the SEC has not been announced, but could be coming as soon as tomorrow (Aug 18). If Greyscale wins, the market should recover in a dramatic way, however the price action today tells another story.
NEWS:
One of crypto’s larges market maker’s has a shakeup:
CFTC grants Coinbase derivatives license:
Gitcoin getting flack for partnering with a big oil company, but a large partnership regardless:
Coinbase comes to Canada:
Ethereum burns and usage still impressive in the Bear market:
Another ETH Futures ETF application:
They found President Trump’s wallet:
RUGS:
Base DEX gets exploited:
Shibarium off to an auspicious launch:
Exploiter created a shitcoin on Ethereum with the stolen ETH called $loveRCKT
Anther Base DEX rug:
POD O’ THE WEEK:
Frax founder, Sam Kazemian, is one of the best builders in DeFi
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None of this is financial advice