GITCOIN GRANTS ROUND 14 IS LIVE!!!
Ethropy Gitcoin Grant Page - Recession, bear market, crypto winter, WWIII can't stop us from growing the pie in Web3. Ethropy isn't going anywhere during this difficult economic period, and we plan on making the space stronger, safer, and more inclusive for everyone.
Your generosity is greatly appreciated!
MARKET:
We are amidst a massive unwind of leverage across CeFi and DeFi. This week started with another Black Monday with billions of dollars of liquidations. Many large institutions and funds are in financial distress due to the market prices as the recession weighs down.
Bitcoin has set a record low for Fear and Greed, and is down 70% from the peak of $69,000.
The Federal Reserve is now trying to catch up with the pace of inflation.
NEWS:
Coinbase layoffs
3 Arrows Capital is in serious financial distress after borrowing millions of dollars from major lenders and facing huge losses
Ripple Competitor and MoneyGram Roll Out Zero-Fee Money Transfer Service Using USDC Stablecoin
REGULATION:
Here we go…regulators sniffing around
RUGS:
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)
TradingView Referral - Get $30 off annual Subscription