jb007 (@jb007) • Hey

I am an invester and early adopter

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Just shared a new update on @lens/talentprotocol ✨ Check it out: https://play.talentprotocol.com/updates/3881a7bd-ca1e-4c2b-a8eb-37b83ec8a16f
Good metric to track for those following @lens/bonsai
Just set a new goal on @lens/talentprotocol 🎯 Who's going to be my accountability buddy? Check it now: https://play.talentprotocol.com/goals/1bb0693d-828e-4827-b133-24c8b1565276
I just voted "YAE" on "[ARFC] STG onboarding on AaveV3 Ethereum Market" https://snapshot.org/#/aave.eth/proposal/0x917d0a2c0d9a107d5f8c83b76c291bb34a6a94b85b833b2add96bce7681522ef #Snapshot
I just voted "YAE" on "[ARFC] Treasury Management - GHO Liquidity Strategy Update" https://snapshot.org/#/aave.eth/proposal/0x225c33775892d959715f85e0c3edb61966fe7e67b1dd474d0ee28fea533dc2c9 #Snapshot
https://unframed.co/item/0x07606cac9053e9b8b573a4b0a0ce608880f64869e24b8a605210d7a85bb6e5f1/2692653
I just minted my LayerZero Reputation Score SBT by @0xNomis ☯️ https://nomis.cc/layerzero?ref=pmwwM7WY33 #Omnichain #LayerZero #NomisProtocol
I just minted ClashMon Game NFT Mystery Box, celebrating the start of @BuildOnBase bringing billions of people onchain. It’s Onchain Summer. https://onchainsummer.xyz/iskra?utm_source=layer3
I just minted Onchain Optimistic, celebrating the start of @BuildOnBase bringing billions of people onchain. It’s Onchain Summer. https://onchainsummer.xyz/optimism
I just voted "YAE" on "[ARFC] sDAI Aave V3 Onboarding" https://snapshot.org/#/aave.eth/proposal/0xb41600e3f74bfa520549106fee4d21e7f674c5a79fbf1f7ca16947563474a4d7 #Snapshot
I just voted "YAE" on "[ARFC] wGHO Aave V3 Onboarding" https://snapshot.org/#/aave.eth/proposal/0x3fa0820bea7896a063ac0a0a917216fc873cf85d68cb13db01624365049b453d #Snapshot
I just voted "YAE" on "[TEMP CHECK] Treasury Management - Avalanche v2 to v3 Migration" https://snapshot.org/#/aave.eth/proposal/0x0be8229173181fe0aaf5ed1883e53752546efb810e55610e7ac8b991155ab788 #Snapshot
I just voted "Option 1 (Only Front)" on "What is the Linea SWAG that you would like to see at upcoming events? " https://snapshot.org/#/linea-build.eth/proposal/0xda4f201a37ea08cf1892418e7b9e88f5687a68dbdc96c3ab22abaa1c7244648e #Snapshot
[Feature] Cryptocurrency: the next harbinger of environmental collapse? In 2019, climate activist Greta Thunberg delivered a powerful speech at the UN- berating world leaders for their inaction on climate change. Her now-legendary words 'How dare you’ went viral over the next few months, catapulting her to international fame. Yet, carbon emissions throughout the world have not decreased- the world emitted an estimated 37.08 billion metric tons of CO2 in 2019; In 2021, the figure was 37.12 billion metric tons. And in recent times, environmental groups have started to point the finger at crypto as part of the problem. Earlier this year, Greenpeace commissioned a piece of art titled ‘Skull of Satoshi’- made of recycled styrofoam and over 300 pieces of electronic waste. And just this month, the New York Times published an article detailing the extent of Bitcoin mining operations in the US- and said that the pollution that they caused was about the same as adding 3.5 million gas powered cards to America’s roads. The article received quite the reception from the crypto industry- with many criticising the article as one-sided, or accusing the authors of cherry-picking their data.
I just voted "Yes ser 🙌" on "Do you like the Snapshot integration with Lenster?" https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718 #snapshotlabs
Ethereum, 200 days after The Merge: $4 billion in ether not added to supply Exactly 200 days after Ethereum switched from the energy-intensive proof-of-work consensus mechanism to proof of stake, the impact of the network's tokenomics change have been made clear. When The Merge took place it lowered the amount of rewards given to those running the network. Combined with the previously introduced burning mechanism — that burns a portion of fees generated through transactions — this has had the effect of reducing the supply of ether. Since The Merge, the total supply of ether decreased by 75,000 ($134.5 million), representing an annual decrease of 0.114%. For comparison, were The Merge never to happen, the total supply of ether would have increased by 2.2 million — worth more than $4 billion at current prices.
We are not Einstein, but t2 is built on one simple formula: t² = your time × my time
So what Elon is saying is ”only people with credit cards and $7 extra matter”. 🫠 We do not agree. While Phaver Cred will initially be heavily weighed by NFTs you own, we are working hard to offer ways to authenticate for anyone, no credit card, ID or money required. Which future would you like to live in, Elon’s or Web3’s? 🫣 [Tweet / Twitter](https://twitter.com/elonmusk/status/1640199090112806912)
I like this style!
Tether Predicts $700M Profit in Q1 as Demand for USDT Climbs [Tether Predicts $700M Profit in Q1 as Demand for USDT Climbs](https://dailycoin.com/tether-predicts-700m-profit-in-q1-as-demand-for-usdt-climbs/) Learn about Tether's anticipated null billion Q1 revenue and concerns around reserve guarantees amidst regulatory scrutiny on DailyCoin.
Bitcoin Mining Hashrate Registers Third Largest 3-Month Spike In Last 5 Years Data shows the Bitcoin mining hashrate has recently registered its third-largest 3-month upwards increase in the past five years. Bitcoin Mining Hashrate Has Sharply Gone Up Recently As an analyst on Twitter pointed out, only the aftermaths of the 2021 China ban and the 2019 bear market saw more rapid increases. The “mining hashrate” is an indicator that measures the total amount of computing power that miners have connected to the Bitcoin blockchain. When this metric’s value goes up, miners are bringing more machines online on the BTC network right now. Such a trend suggests the blockchain is currently attractive to mine for these chain validators. On the other hand, the indicator’s value going down implies some miners are disconnecting their rigs from the network. This could be a sign that the average miner isn’t finding BTC mining that profitable currently.
ERC-4337: No More Need for Mnemonic Phrases, Will Web3 Adoption Go Mainstream? NFTs and Web3 have been making waves, but the process of buying and storing them still needs to be simplified for newcomers to crypto. I remember my first time trading on Uniswap, I had no idea what I was doing. Creating a crypto wallet and connecting it to a DeFi protocol was a nightmare. Currently, the only way users can interact with blockchain-specific smart contracts is by using their EOA (Externally Owned Account). From sending funds to a DeFi liquidity pool to transferring NFTs to a marketplace to sell to other accounts, each action still requires a separate transaction signature. Transactions are initiated by EOAs and can be sent to: Another EOA, for example, an EOA transfers ETH to another EOA. A CA, for example, to mint an NFT. Web3 Today: EOAs + Poor User Experience Performing actions on the blockchain is typically slow and tedious. Every time you want to write new information to the blockchain, you need to sign a transaction from your EOA to do so. Because you are familiar with this process, it has become a standard experience. However, for new users, it can be a nightmare. The following diagram shows how a new user performs their first action on a decentralized application
Is CZ Right in Saying That "Banks Are a Risk to Fiat-Backed Stablecoins"? Probably Not If there is a lesson that the crypto world should take away from the crisis at SBV and Circle, it is not that traditional finance and banks are relics of the past- instead, there remain lessons and institutions that can be adapted to the needs of crypto and the Web3 world. After all, if crypto aspires to replace fiat, it must first prove itself the better option- and the past few months have shown that this is not something that can be taken for granted. And perhaps a first step would be for stablecoin providers to search for more solid ground to place their reserves in. Both traditional banks and crypto tokens can turn into liabilities for these companies- and the key should not be to go all in on one, but instead to diversify the risk properly.
Is CZ Right in Saying That "Banks Are a Risk to Fiat-Backed Stablecoins"? Probably Not If there is a lesson that the crypto world should take away from the crisis at SBV and Circle, it is not that traditional finance and banks are relics of the past- instead, there remain lessons and institutions that can be adapted to the needs of crypto and the Web3 world. After all, if crypto aspires to replace fiat, it must first prove itself the better option- and the past few months have shown that this is not something that can be taken for granted. And perhaps a first step would be for stablecoin providers to search for more solid ground to place their reserves in. Both traditional banks and crypto tokens can turn into liabilities for these companies- and the key should not be to go all in on one, but instead to diversify the risk properly.
Ethereum broke through 1700 USDT intraday, hitting a new high since late February 14/03 18:01 According to the OKX market, after the release of the U.S. CPI data, Bitcoin and Ethereum rose in the short term. Bitcoin hit a peak of 25626.9 USDT, a new high since mid-June 2022, and Ethereum broke through 1700 USDT intraday, a new high since late February . The market fluctuates greatly, and Foresight News reminds investors to pay attention to risks. The annual rate of U.S. CPI without seasonal adjustment in February recorded 6%, the eighth consecutive month of decline, the lowest since September 2021; In February, the annual rate of core CPI without seasonal adjustment was recorded at 5.5%, which has declined for the sixth consecutive month and is the lowest since December 2021.
Bitcoin breaks through 26,000 USDT intraday, hitting a new high since mid-June 2022 According to the OKX market, after the release of the US CPI data, Bitcoin broke through 26,000 USDT, a new high since mid-June 2022, with an intraday increase of more than 7%. The market fluctuates greatly, and Foresight News reminds investors to pay attention to risks.
This is Lenny
Stablecoin USDC nearly regains null peg after Circle says $3.3 billion held with SVB will be available Circle, which issues USD Coin (USDC), said that the $3.3 billion it held with the now-collapsed Silicon Valley Bank will be "fully available" on Monday when U.S. banks open. After SVB's collapse, USDC lost its null peg, falling as low as 86 cents on Saturday. The broader cryptocurrency market rallied Monday as regulators stepped in. Bitcoin jumped as much as 10%, rallying above $22,000.
Silicon Valley Bank collapse shows fickleness of crypto money The world’s second-biggest stablecoin got thrown off its peg because of the demise of a bank relatively unknown outside Silicon Valley European Commission: Silicon Valley Bank's business in EU is very limited The European Commission said it will closely monitor the situation following the collapse of Silicon Valley Bank, which has very limited business in the EU, and that the European Commission is in contact with relevant authorities
Senators demand info from Binance and U.S. arm, cite 'eerily similar' FTX structure claims Three U.S. senators want more information from Binance and it's U.S. subsidiary after raising questions about the parallels that might exist around the commingling that occurred between the failed FTX exchange and its sister trading firm Alameda Research. The "assertion that Binance.US is fully independent is eerily similar to claims Sam Bankman-Fried made regarding the distinction between FTX US and FTX – claims that appear to be false,” Sens. Elizabeth Warren, D-Mass., Chris van Hollen, D-Md., and Roger Marshall, R-Kan. wrote in a letter sent to Binance on Wednesday, demanding more information on Binance and Binance.US operations. The letter cites multiple reports, including a Reuters report that Binance CEO Changpeng ‘CZ’ Zhao authorized the withdrawal of $400 million from a Binance.US account with Silvergate Bank to transfer to an investment fund he runs, raising questions about whether Binance.US is actually an independent entity. The senators, all members of the Senate Banking Committee that oversees the U.S. financial sector and financial regulators, want "complete copies of all Binance and Binance subsidiary balance sheets from 2017 to the present," as well as "an estimate of the number and percentage of U.S.-based Binance users during every fiscal quarter between 2017 and the present." [Binance.US | Buy, Sell, & Trade Crypto & Altcoins In The US](https://www.binance.us/) Buy, sell, and trade Bitcoin, Ethereum, and over 150 cryptocurrencies with some of the lowest trading fees in the US. Get started within minutes.
Crypto-Philanthropy: the Good and Flip Side of Charitable Giving The rise of cryptocurrencies, or crypto for short, has brought about new possibilities in various sectors of society. It is not just as a means of investment, it is also a tool for charitable giving, offering advantages like transparency and efficient internal transfers. However, for every good side of something, there is also the flip side or the bad side, so to speak. Risks like volatility and fraud are not uncommon. With the increasing number of crypto and the constant advancement of blockchain technology, many individuals and organisations are exploring the use of crypto in charity. In the past few years, crypto-philanthropy has increasingly been gaining traction. In 2017, an anonymous Bitcoin (BTC) millionaire known only as Pine, established the Pineapple Fund, a philanthropic purse to donate $55 million worth of BTC to 60 non-profits. Pine identified their reason for giving very broadly, "If you're ever blessed with crypto fortune, consider supporting what you aspire our world to be." The donor gave to organisations focused on innovative approaches to technology challenges, poverty alleviation, conservation efforts, and medical research. As more organisations worldwide make the move towards accepting donations in BTC, Ethereum (ETH), and other crypto, crypto-philanthropy became a great way to connect with the young and tech-savvy
Head to our booth at Eth Denver📍regenlandia, claim a POAP, and leave with more Lens knowledge and rare swag 🔥
The Future of Crypto: Restoring Trust in the Digital Asset Industry 2022 was a volatile year for the digital asset industry which was fraught with reports and news of fraud, funds' misappropriation, money laundering, hacks, and so on. This has inevitably spilled over to 2023. Trust and confidence in the crypto market is not at an all-time high (ATH). So what can be done to address the issues of eroded trust and loss of confidence in the crypto market? One of the most common consensuses is to put in place well-considered, detailed and risk-based regulations. Changpeng Zhao (CZ), CEO of Binance, wrote on his LinkedIn two weeks prior that "we believe that user confidence will be brought back by comprehensive, consistent and risk-based regulations, alongside industry-wide commitment to improvement." He also cited Binance's director of global policy, Rana Kortam's written portion in the blog
Many Stablecoins May Not Meet the Standards of Crypto Asset Regulations: FBS The financial watchdog plans to release its recommendations for crypto asset regulations focusing on stablecoins. The Financial Stability Board (FSB) has revealed that many stablecoins will not meet the standards stipulated in its recommendations for crypto asset regulations that will be released later this year. The regulator noted that the recommendations would be aimed at maintaining effective “stabilization” mechanisms and strengthening redemption rights. The FSB is a global organization that oversees and provides guidance on the stability and resilience of the international financial system. The watchdog was created by the G20 countries as a replacement for the Financial Stability Forum in 2009 after the 2008 financial crisis. FSB to Release Stablecoin Recommendations According to an official document published Monday, the FSB believes tighter regulations are crucial to the crypto sector, considering the number of high-profile scandals that shook the industry last year.
Flash loan exploit appears to be behind Platypus USD stablecoin attack Platypus USD (USP) lost its dollar parity on Thursday following an apparent exploit that allowed a wallet to siphon off about $8.5 million from the token's liquidity pools, just weeks after Platypus DeFi issued the stablecoin. The presumed hack was accomplished by means of a flash loan exploit, during which an attacker takes out an enormous loan and settles it in the same block, sandwiching transactions that use the capital to exploit other protocols in between. The Platypus swap function on the network has been disabled since the attack. “There has been a flash-loan attack on USP," a pinned message in the official Platypus Telegram channel warns users. "We are currently trying to assess the situation and will communicate promptly on it. For now all operations are paused until we get more clarity.” The alleged attacker appears to have taken out a $44 million flash loan from Aave V3, and in turn minted some 41 million US Platypus tokens. Next, the attacker cashed out some $8.5 million into other stablecoins, and paid back the flash loan. These actions all took place in the same block of transactions, on-chain data show.
Coinbase, BitGo, and Anchorage assert that they comply with SEC custody rules Coinbase and other crypto custody providers asserted on Feb. 15 that they will be able to operate under proposed changes to custodial rules. Coinbase endorses SEC’s efforts Today, the U.S. SEC voted to propose a regulatory change that could require exchanges to store user assets with qualified custodians. This would also update rules for custodians, possibly making it difficult for existing crypto companies to offer custody services.
The circulating supply of Ethereum decreased by about 21,000 ETH The total circulating supply of Ethereum has dropped to 120,499,971 pieces, a new low since the merger, which is about 21,000 ETH less than when it was merged. Bearish or Bullish Comment and tell........🤑🤑💲💲🤑🤑✅
What Is Risk Management in Finance, and Why Is It Important? Risk management is the process of identification, analysis, and acceptance or mitigation of uncertainty in investment decisions. Risk is inseparable from return in the investment world. A variety of tactics exist to ascertain risk; one of the most common is standard deviation, a statistical measure of dispersion around a central tendency. Beta, also known as market risk, is a measure of the volatility, or systematic risk, of an individual stock in comparison to the entire market. Alpha is a measure of excess return; money managers who employ active strategies to beat the market are subject to alpha risk.
Decentralization Will Triumph in US Crypto Crackdown In Brief Cathie Wood believes "decentralization" is the real winner in the US government's recent crackdown on crypto staking. Wood added that the uncertainty would lead to US-based crypto exchanges losing to their offshore rivals. Several crypto stakeholders hold divergent views on the effect of the recent crackdown on crypto staking.
Firms Unlawfully Advertising Crypto in UK Could Face Jail Time: FCA Peddling crypto products in the UK? You’ll soon need authorization for that, says the country’s financial regulator. In a new statement from the Financial Conduct Authority (FCA), firms that do not follow one of the four mandated routes for promoting cryptocurrencies could face criminal punishment “by up to two years imprisonment.” Under the new rules, which still need approval from UK Parliament before they come into force, any promotions will need to be made by an FCA-authorized person or approved by one.
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach null.48 Million Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to null.48 million per coin. Ark Invest CEO Cathie Wood sees bitcoin as “an insurance policy for everyone against the confiscation of wealth.”
Mark Wahlberg to Release Documentary on the Relationship Between SBF and CZ Fortune and Mark Wahlberg’s Unrealistic Ideas will supposedly create a documentary that will reveal “a personal look at the entire FTX saga.” Mark Wahlberg’s production company – Urealistic Ideas – reportedly partnered with the media outlet – Fortune – to release a documentary revealing the controversial relationship between Sam Bankman-Fried (SBF) and Changpeng Zhao (CZ). The FTX crash caused a clash between the two, who accused each other of the catastrophic event.
Bitcoin One of the Best Performing Assets in 2023: Bloomberg Intelligence Bitcoin is up massively since the start of the year – but does that really mean the bull market is back? Bitcoin’s rise within the past two weeks has made it one of the best-performing assets of the year, according to Bloomberg Intelligence. The firm’s senior macro strategist, Mike McGlone, compares the rally to a similar recovery in early 2019 – but in a macro environment of contracting liquidity. Is Bitcoin Back? Yes or No
Crypto Price Surge ─ is it a Bull Run or a Bull Trap? The crypto economy has been bearish for pretty long; cue Terra’s fall, FTX’s implosion, crypto exchanges declaring bankruptcy, companies going on a layoff spree, and more. Then in a week or so, in case you have not been keeping up to date with any crypto-related news, crypto prices seemed to have surged.
Bearish Signal: Bitcoin, Ethereum Profit-Taking Reach 2021 Levels Bitcoin (BTC) and Ethereum (ETH) are still rallying since the prices of the digital assets crossed over into pre-FTX crash levels. They continue to see green movements in the market, posting gains at this time, but this may not continue for long. Bitcoin And Ethereum Are Being Dumped In a post shared by Santiment on Twitter, the on-chain data aggregator revealed that there was massive profit-taking happening across the two largest cryptocurrencies in the market. Given that both assets have seen massive gains since January began, this is understandable as investors would want to take profit off the top of their investments, but it could also spell bearish sentiment for them. According to the chart Santiment shared, the level of profit-taking being recorded across Bitcoin and Ethereum has surged to 2021 levels. 2021 was the year when the bull run was at its peak, triggering massive profit-taking.
Crypto Education: Should It Be Added to the School Curriculum? We study all sorts of subjects in school, mandatory or optional, from English to Mathematics, Art, Science, History, and so on. Each subject is then broken down further when we start to specialise in it like Biology, Chemistry, Physics, etc. for Science; painting, drawing, digital art, etc. for arts, and more. So why not educate people about the world of cryptocurrency? This does not only apply to children in early education but to teenagers and adults in tertiary education as well. Some are adamant that crypto is the future of the economy and is a cutting-edge technology that will revolutionise businesses; others feel that since it is virtual money and not tangible, it will vanish from the face of the Earth one day. Whatever your stance, it is undeniable that blockchain technology and crypto have slowly but gradually integrated into our lives and adoption of this new technology is still advancing.
The Number of Bitcoin Millionaires Plummeted in 2022 In Brief According to a report from CoinJournal.net, 2022 left 73% fewer Bitcoin millionaires than the year before. 2022 also ended with most of the BTC supply as a loss-making asset. However, there are now more "whole coiners" than ever before, according to the report.
An Ethereum ICO investor who has been sleeping for three years transferred 2,400 ETH to Kraken in the past two days............................. 14/01 15:51 According to Lookonchain monitoring, an Ethereum ICO investor address (0x0CFb172335b16c87D519cD1475530D20577f5E0E), which has been dormant for three years, transferred 2,400 Ethereum to Kraken in the past two days. This address received 100,000 ETH on July 30, 2015.
Ethereum Shanghai Upgrade Won't Result in Staked ETH Exodus In Brief Ethereum staking withdrawals will be dynamic. The amount that can be unstaked depends on how many validators there are. A full exit is subject to a withdrawal queue. The Ethereum network is set for a major upgrade in March. Dubbed Shanghai, the upgrade will finally release ETH staked on the Beacon Chain, but it isn’t as simple as that. When the Ethereum network gets upgraded in March, ETH staked in late 2020 will finally be released. However, it will not happen simultaneously due to network security concerns.
Launch Your Crypto Project in a Weekend Date: 6-8 January 2023 'Launch Your Crypto' is a global pilot weekend programme for Aspiring Crypto Entrepreneurs to overcome the fears and doubts of running their own project, and to learn how to launch their own crypto projects in one short weekend.