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...
Share Dialog
Share Dialog
Welp, looks like another privacy-protected tool is flipping on us. ConsenSys, the company behind MetaMask, stated on November 23rd it will start collecting user IP addresses and ETH wallet addresses if using RPC’s via their own Infura protocol. This move is reportedly to satisfy KYC and anti-laundering requirements, among other reasons. It was also noted if a user uses a third-party RPC or personal nodes, this information will not be collected. However, the red alerts have been sounded by the community already, even in the face of ConsenSys claiming this data collection will not be used for monetization:
https://twitter.com/adamscochran/status/1595792167485808640
https://twitter.com/UniquelyNFT/status/1595909119214751744
There’s one thing I’m afraid of here, and it’s the fact that we lose privacy and EVENTUALLY monetization, no matter what ConsenSys is claiming right now. I’m hoping this isn’t the moment other protocols/companies come out with the same policy…
Written by: nikethereum.eth / Medium / Mirror
Welp, looks like another privacy-protected tool is flipping on us. ConsenSys, the company behind MetaMask, stated on November 23rd it will start collecting user IP addresses and ETH wallet addresses if using RPC’s via their own Infura protocol. This move is reportedly to satisfy KYC and anti-laundering requirements, among other reasons. It was also noted if a user uses a third-party RPC or personal nodes, this information will not be collected. However, the red alerts have been sounded by the community already, even in the face of ConsenSys claiming this data collection will not be used for monetization:
https://twitter.com/adamscochran/status/1595792167485808640
https://twitter.com/UniquelyNFT/status/1595909119214751744
There’s one thing I’m afraid of here, and it’s the fact that we lose privacy and EVENTUALLY monetization, no matter what ConsenSys is claiming right now. I’m hoping this isn’t the moment other protocols/companies come out with the same policy…
Written by: nikethereum.eth / Medium / Mirror
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