US economy is sprinting towards a recession ?
This newsletter is my collection of the most important latest news, educational articles, videos in Crypto, Blockchain, AI, health, lifestyle, tech in general and funny memes. Nothing in this newsletter is a financial or health advice. This newsletter is for educational and entertainment purposes only.
Crypto marketcap is down to 1.3 trillion from 3.0 trillion in November 2021.
Snap down 40% in a day. A basket of social media companies lost $100B in marketcap.
Inflation is above 8%.
Layoffs: Klarna 10%, Bolt 25% and many more.
Amazon plans to sublet up to 30 million square feet of warehouse space after over-expanding.
Kava hardcoded UST to $1 and users minted USDX against it and then swapped to other assets on the platform lol
Venus protocol exploit, $200m liquidated, $100m bad debt
Uniswap has surpassed $1 trillion in cumulative trading volume. Three and a half years after its launch, Uniswap is still one of the top protocols in DeFi.
Outdated Node Clients Cause Blockchain Reorg on Eth2 Beacon Chain
KuCoin’s Into The Cryptoverse Report Reveals 27% of US Adults Invested in Cryptocurrencies
Mastercard CEO: “SWIFT May Not Exist in 5 Years”
Andreessen Horowitz raises $4.5 billion crypto fund to take advantage of bargains in down market
Someone Stole Seth Green's Bored Ape, Which Was Supposed To Star In His New Show
South Korean Authorities Look to More Closely Scrutinize Exchanges Following Terra Meltdown: Report Around 280,000 South Koreans are believed to have been victims of the abrupt plunge in UST and LUNA.
Korean police seek freeze on Luna Foundation Guard assets
Wormhole announces $10 million bug bounty payout
The walls are closing in on Clearview AI. The controversial face recognition company was just fined $10 million for scraping UK faces from the web. That might not be the end of it.
An AI Company Scraped Billions of Photos For Facial Recognition. Regulators Can't Stop It
Pony.ai’s license to test autonomous vehicles with safety drivers in California is revoked. The DMV found ‘numerous safety violations’ on the driving records of the company’s safety drivers
Educational articles & videos
How do stablecoins affect the "real" economy?
Token compensation: a brief explainer for job candidates
The Russian Ruble Just Doubled, Have Sanctions Done Anything?
After 13 Years, Warren Buffett Is Finally Beating The Market Again!
Health: You May Never Eat SUGAR Again after Watching This