ALPHA:
GameFi is on fire since the wild success of Axie Infinity. I’m extremely excited about a new protocol, Craft Economy, launching soon. The team is building a Web3 economy on top of Minecraft, a game with over 100m monthly active users. If you are involved in the Cosmos ecosystem, you may be eligible for an airdrop!
MARKET:
The Federal Reserve’s hawkish stance has been taking a toll on both equities and crypto markets. Inflation is higher than expected and COVID supply chain issues aren’t improving.
For the time being, the S&P and crypto are in a severe correction/downtrend period, with some traders expecting a test of the $30,000 BTC level (Arthur Hayes latest).
NEWS:
Facebook is divesting their cryptocurrency venture
He bought the dip
Coinbase rival FTX U.S. valued at $8 billion as investors brace for ‘crypto winter’
NFTs:
Bored Ape Yacht Club is everywhere:
RUGs:
QuadrigaCX skeleton re-emerges as @0xSifu, Wonderland Finance treasury manager!
REGULATORY:
POD O’ THE WEEK:
Learn about the “Curve Wars” on Bankless.