This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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A little late to this story, but it looks like the bear market is the perfect time to unveil a new crypto phone! Solana recently unveiled the Saga, an Android-based, Solana-integrated phone, whose promise is to make the foray into web3 a much more streamlined one. Anatoly Yakovenko, one of the co-founders for Solana mentioned in a blog post, "...every day, I hear stories of people leaving dinners, conferences, and vacations to get back to their computers and sign important transactions. The mints, trades, listings, and transfers critical to the daily life of crypto-lovers are dragging us away from our lives with others. The only companies with the resources to materialize the self-custody mobile future we’re all dreaming of, Apple and Google, have had no updates to give on their roadmaps for crypto."
As a fellow Android user, I am very intrigued in how well this phone can make everyday web3 actions easier on mobile. I have to admit, current mobile solutions are pretty clunky at best. Until Apple and Google embrace web3, I do not see them as a viable solution in the short run either so hoping Saga starts pushing the envelope to see bigger changes for the web3 mobile landscape in general.
Written by: nikethereum.eth / Medium
A little late to this story, but it looks like the bear market is the perfect time to unveil a new crypto phone! Solana recently unveiled the Saga, an Android-based, Solana-integrated phone, whose promise is to make the foray into web3 a much more streamlined one. Anatoly Yakovenko, one of the co-founders for Solana mentioned in a blog post, "...every day, I hear stories of people leaving dinners, conferences, and vacations to get back to their computers and sign important transactions. The mints, trades, listings, and transfers critical to the daily life of crypto-lovers are dragging us away from our lives with others. The only companies with the resources to materialize the self-custody mobile future we’re all dreaming of, Apple and Google, have had no updates to give on their roadmaps for crypto."
As a fellow Android user, I am very intrigued in how well this phone can make everyday web3 actions easier on mobile. I have to admit, current mobile solutions are pretty clunky at best. Until Apple and Google embrace web3, I do not see them as a viable solution in the short run either so hoping Saga starts pushing the envelope to see bigger changes for the web3 mobile landscape in general.
Written by: nikethereum.eth / Medium
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