22.102020 - Another day into Cryptoverse

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Avatar for Heruvim78
3 years ago
  • Ethereum 2.0 deposit contract will be launched this week, however, i am wary about all the hype, as they had quite a rough patch with all the testing, and i have the feeling that Zinken as a last choice is more related to the rush to start it as soon as possible more than a lucky find that just happen to work perfectly. I am half expecting to see some problems along the way that they did not considered yet. They would need 500.000 ETH to launch into the Zero phase.

  • Uniswap failed their first governance vote, probably just because i did not vote on it. Irony aside, they needed 40 millions votes for their proposal, but they achieved only 39.6 millions votes (98%). They were so close. But if you look from the other side of the pond, a lot of people abstaining to vote it is also a reason of them opposing to the current proposal, so in the end, democracy is the big winner here (and for sure not Dharma - the major UNI holder)

  • Ethereum fees are decreasing. I repeat, Ethereum fees are decreasing, or maybe they are just coming back to normal, and this will end all the hopes and dreams of all Ethereum miners whom wanted to reach the Bitcoin fees levels, but with a token worth $400 instead of $13000. The average fee level declined from $14 to $0.90 in the last weekend.

  • DASH was building a bridge to DEFI, called Stakehound, which can generate a wrapped ERC20 DASH version named stakedDASH.

  • One unlucky AAVE holder send 1.1 million dollares to the wrong address (token smart contrack address) and they will be permanently locked. This is one very expensive mistake. See it all in here: https://etherscan.io/tx/0xb24125ed75298d9a49f44e54d66021a3892dacb95275ceb03898f2fec7b03d69

  • One bidder called Maxstealth got most of the Batman NFT artwork sold by Trevor Jones and Jose Delbo, paying more than $200.000 for it.

  • The hackers from the group called Darkside donated $10.000 a couple of times using The Giving Block US-based service to pay anonimously, for the benefit of The Water Project and Children international. I consider this just as a marketing move, as the ransoms gathered just in 2019 are considered to be evaluated at 170 billions dollars.

  • You can connect now to your Unstoppable Domain using Twitter.

  • Bahamas is launching their first central bank digital currency called Sand. It will be used only for domestic transactions.

  • And what many are considering to be a turning point in the history of cryptocurrency, Paypal has a new feature allowing its users to buy, sell and hold Bitcoin, Bitcoin Cashm Ethereum and Litecoin on their platform, but, there is always a but. The cryptocurrency stored into your Paypal account cannot be transferred to other accounts. Basically it is just a glorified Revolut Card, in my humble opinion.

  • Still, this was maybe enough to push Bitcoin over the edge, reaching $13200 for the first time since 2019. Still went under correction, being only $12860 at the end of the day.

  • My brother favourite token @FARM and its project Harvest Finance had the assets locked into the platform doubled, in just one week. I would like to believe that this has something to do with my rapping skills, that i used for the Harvest finance contest. https://twitter.com/GeorgeMihalac12/status/1317544182215573505

  • Do not forget to take a look at this Universal Income Project, as i still didnt decide what to say about it. https://circles.garden/profile/0xFcF40564AD3C8B7f6c233E128217789d631541be

And with this, i wish you a perfect weekend!

G.

 

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Disclaimer: This text also can be re-published on my personal blogs, such as this one.

 

 

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Avatar for Heruvim78
3 years ago

Comments

Nice article. Subscribed. And I will support @PVMihalache's suggestion that you should receive the Patronage benefit. 😊👍

$ 0.00
3 years ago

Yes... let's leave me for another week :)

$ 0.00
3 years ago

Good idea. 👍 We all should pull the rope into the same direction. 😊

And next week it will be into your direction. 😁

$ 0.00
3 years ago

Consider myself Deus Ex

$ 0.00
3 years ago

successful writer you my dear friend

$ 0.00
3 years ago

great update my friend! i was laughing hard at the first part...Lol!

$ 0.00
3 years ago

Nice round up. Have a big tip... Rusty is back!

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3 years ago