The Weekend Reads With Illuminati
Blockchain is over…..if you don't stay ahead of the game. Reading is our proactive suggestion.
Russian DeFi
February 13, 2023
It's game over in crypto...if you don't stay ahead of the game.
Reading is our proactive suggestion. But read what admin, you ask?
Weekend Reads With The Crypto Illuminati
TL;DR:🗞
- The IRS is providing more information to educate crypto investors on tax awareness.👨⚖️
- Poor risk management and defaulting on margin payments contributed to the collapse of CoinFLEX.🎰
- Artificial intelligence is expected to take the lead in the year ahead.🧠
The IRS and other government agencies have resolved to provide more meaningful information to educate crypto investors on tax awareness.
The collapse of CoinFLEX ascribed to poor risk management & Robert Ver defaulting on margin payments💳.
https://wublock.substack.com/p/exclusivehow-bitcoin-jesus-roger
Web3 security is not broken. Consumer and Institutional Transaction Security Solutions will play a significant role in web3 asset security for consumers and institutions🏦.
https://blog.coinfund.io/web3-security-securing-the-path-to-crypto-adoption-e6552d0dd844
Alleged Mango Markets Exploiter Eisenberg is working to negotiate bail following the first NY court hearing. But can having an LLC can help a DAO bring a claim to court on behalf of its users❓
Market surveys have proved that Artificial intelligence (53% of technology) will take the lead as the year progresses.
https://www.jpmorgan.com/solutions/cib/markets/etrading-trends
The Bitcoin network witnessed the largest transaction in history with zero gas fees on February 1, 2023, 📜
https://wublock.substack.com/p/innovation-or-attack-sorting-out
Index Coop released its Diversified Staked Eth Index (dsETH) in readiness for Ethereum's upcoming #Shanghai Upgrade⬆️.
The average crypto layoffs have already reached 41% of the total layoffs since Terra Luna & FTX fallouts in 2022.
https://www.coingecko.com/research/publications/crypto-layoffs-by-month
Despite a -6.2% drop to a weekly low of $22.6k, the average BTC holder currently has an unrealized profit, with multiple macro scale on-chain indicators indicating a probable market turn💹.
https://insights.glassnode.com/the-week-onchain-week-06-2023
The entire team fully resigns from Umami Labs LLC to move Umami back towards decentralization and a DAO structure👥.
https://flywheeloutput.com/p/bent-too-far-how-umamis-institutional?utm_campaign=post&utm_medium=web
Over the last year or two, there has been tremendous work in zk tools, allowing developers to take advantage of zk's unique capabilities.
https://blockchain.capital/a-developers-guide-to-the-zkgalaxy/
Ishan Wahi still faces charges brought against him by the SEC.
https://decrypt.co/120956/how-coinbase-insider-trading-case-change-crypto
dYdX Foundation makes abrupt adjustments to its tokenomics after consulting with its attorneys.
https://cointelegraph.com/news/did-dydx-violate-the-law-by-changing-their-tokenomics
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