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This is what working in crypto feels like.
Losers still make loads of money šš¤”
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badcryptobitch
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Can anyone explain to me why everyone is hating on @hibachi_xyz and @GandalfTheBr0wn? I get it, the documentation and marketing is deceptive but that's kind of how it works, especially at their stage. Also, the goal of building an exchange with the best of CEXes and DEXes is literally what has ushered this new era of crypto. Solana, Hyperliquid, etc operate under this model. Feels like the Eth community takes anything that's not decentralized from the get-go as an affront and part of the reason why it's losing mind share tbh
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I wonder is it enough to simply use @zkp2p as a proxy for KYC'ed accounts? Considering that apps like Mercury, Replit, etc require KYC on users, if a user of one of those apps can use a tool like zkp2p then they should technically be able to leverage that as a kind of proof of KYC.
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One aspect of crypto markets maturing that I haven't seen on my TL yet is the fact that assets are becoming increasingly uncorrelated to the price of Bitcoin. Roughly, whenever Bitcoin went up, everything else went up. This was the case even when the bull markets weren't driven by Bitcoin at all (e.g. 2017 ICO boom, 2020 DeFi Summer, 2021-2022 NFT craze). Now, we are seeing a decorrelation in the price of top assets like BTC, ETH, SOL, BNB, etc. A downstream effect is the fact that alts now don't get the same boost as before. When BTC mooned, everything mooned. But now when BTC moons, not necessarily everything moons. L2 tokens, alt L1 tokens, etc actually need to be valuable to do well on the charts!
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Why does retail think they should be compensated due to market risks? If a token crashes, then there's nothing you can do about it. Practice reasonable risk management
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Maybe it's just the morning or whatever but I'm increasingly convinced that athletes will eschew regular leagues and build their own using credibly neutral blockchains and MPC! FIFA, FIA, NBA, sports agents etc can very easily be replaced with cryptoeconomics.
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