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Nov 7
Song.tech marketplace for songs
Nov 7
Something really interesting going on on @BuildOnBase 👀
Nov 7
so just to recap- WSJ journalists (Angus Berwick & Ian Talley) write a flurry of articles citing Elliptic data claiming that PIJ (Hamas affiliate) raised $93m in crypto (and cites BitOK claiming Hamas raised $41m) [1]- Sen Warren uses this article to claim that Hamas raised “over $130m” in crypto. This article is her SOLE citation in her letter. The entire letter depends on the WSJ article [2]- Over 100 member of Congress sign the letter, which asks for the Biden admin to further crack down on crypto- Chainalysis comes out with an article disputing the WSJ claims, saying that instead of $82m of terror financing, the real figure is around $450k. It’s unclear which wallets they are referring to. Either way, it looks like the WSJ analysis is vastly overstated [3]- WSJ refuses to follow up or retract, instead writing more articles relying on their claims[1] archive.ph/hdcWc[2] warren.senate.gov/imo/media/doc/…[3] chainalysis.com/blog/cryptocur…
Nov 7
Tether alone is like 2x the entire DeFi sector What are we even doing guys
Nov 7
These retail crypto users you’re targeting, are they in the room with us now?
Nov 7
Interesting find: backruns and frontruns are more or less equally split within private pools
Nov 7
You gonna hate me, but once the bull market begins, users will focus on the L2 with 1 key metric:TVLPeople love to complicate things and say that it’s a bad metric, but it isn’t. It shows the capital users are willing to put at riskSo pamp TVL now before it’s too late
Nov 7
By the next cycle there will only be 2-3 rollups left Every cycle the space picks a few champions for every sector, everyone else fades into the abyssMy bet is 1. Arbitrum 2. ???3. ???
Nov 7
Think about it:Chainlink dominates oraclesAave dominates lendingMaker dominates CDPUniswap dominates DEX volumes Apart from a few rare cases, this space is ruthlessly competitive and picks its champions every few cyclesWhy would L2s be different?
Nov 7
They’re still on summer holidays
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