@cryptocracy 21 May 2022 more from that month

Ethereum Merge Could Happen Sooner, Not Later Ethereum Co-Founder Vitalik Buterin says the Merge could happen **sooner than you expect**. *This is good news for those who have been waiting for the Merge for a long time, but I still believe it’s better to get it right than to get it done fast.* One analyst says ETH should hit **$4,000 this year**. https://www.fool.com/investing/2022/05/20/the-ethereum-merge-is-coming-sooner-than-expected/ https://cointelegraph.com/news/ethereum-preparing-a-bear-trap-ahead-of-the-merge-eth-price-to-4k-next The ACLU is **going to bat** for consumers by sending a letter to the Fed Board of Governors praising the virtues of privacy regarding digital currency. Eleven other civil advocacy groups signed on the letter, which was sent in response to the Fed’s **open comment period** regarding an exploration into a central bank digital currency (CBDC). https://www.nextgov.com/emerging-tech/2022/05/aclu-spearheads-letter-fed-imploring-anonymity-cryptocurrencies/367218/ https://www.federalreserve.gov/publications/money-and-payments-discussion-paper.htm Tether CTO calls Terra LUNA a “**poorly designed castle of cards**.” *He’s not wrong. Anyone who took the time to examine how LUNA/UST worked should have realized that a mass exodus of either would cause the entire thing to tumble. That’s precisely what happened.* https://cointelegraph.com/news/tether-cto-terra-wasn-t-a-rug-pull-it-was-a-poorly-designed-castle-of-cards OpenSea launches Seaport marketplace for **NFT bartering**. *Not only can you buy and sell NFTs, but you can trade them too.* https://cointelegraph.com/news/opensea-launches-seaport-marketplace-protocol-allowing-nft-bartering MakerDAO **sees a surge** after Terra LUNA collapse. *Who’s surprised?* https://www.securities.io/makerdao-regains-popularity-after-terra-ust-collapse/ Tron Founder Justin Sun says he **still believes in algorithmic stablecoins**. https://www.coindesk.com/video/first-mover-on-cdtv-clips/tron-founder-justin-sun-on-stablecoins-in-wake-of-terra-collapse/ One crypto veteran tells newbies in their first bear market to **buy more bitcoin**. https://cointelegraph.com/news/crypto-veterans-extend-a-helping-hand-to-bear-market-newbies Crypto investors made **$163 billion in profit** last year. https://www.financialexpress.com/digital-currency/cryptocurrency-investors-made-around-163-billion-in-profit-in-2021-report/2532047/ How millions in crypto **vanished into thin air** **(A FABULOUS READ)**. https://www.theatlantic.com/ideas/archive/2022/05/how-cryptocurrencies-defied-gravity/629926/ Fabriik is launching a **self-custodial mobile crypto wallet**. OceanDrive wants to help you **choose the right crypto wallet**. *Robotics & Automation News* also has a few **helpful tips**. https://coingeek.com/fabriik-launches-its-new-self-custodial-crypto-wallet-on-the-bread-wallet-open-source-codebase/ https://oceandrive.com/how-to-choose-a-crypto-wallet https://roboticsandautomationnews.com/2022/05/20/reliable-tips-for-picking-the-right-crypto-wallet/51037/ **50 crypto terms** you should know if you’re going to buy crypto. *This list was made for newbies, but I learned a few I didn’t already know.* https://www.businessinsider.com/bitcoin-nft-crypto-web-3-terms-you-should-know-2022-5 What the **virtual economy of the metaverse** will look like. *Right now, it looks like a mist.* An Amazon executive **criticizes Mark Zuckerberg’s vision** of the metaverse. *I can’t say the criticism isn’t warranted, but ….* https://www.forbes.com/sites/forbesbusinesscouncil/2022/05/20/the-new-virtual-economy-of-the-metaverse/?sh=5f47a8c746d8 https://www.theverge.com/2022/5/20/23131767/amazon-hardware-meta-metaverse-virtual-reality-vs-real-world **Managing your financial life** with cryptocurrency. *Would you accept a job if you were paid 100 percent in cryptocurrencies?* https://www.cnbc.com/2022/05/20/crypto-as-currency-managing-your-financial-life-using-digital-coins.html 3 ways to **leverage NFTs**. https://venturebeat.com/2022/05/20/3-ways-to-leverage-nfts/ Crypto miners have cracked the last of **NVIDIA’s GPUs**. **(ANOTHER GOOD READ)** https://www.digitaltrends.com/computing/the-last-nvidia-gpus-have-been-cracked-by-crypto-miners/ Cabin DAO **celebrates its first birthday** next week, will share some exciting news. https://twitter.com/creatorcabins/status/1527689227189616642 Web3 is **breaking barriers** for developers. https://www.reddit.com/r/web3/comments/utnfsc/web3_is_breaking_barriers_for_all_types_of/?%24deep_link=true&correlation_id=fbc00053-e0c3-4466-8f23-2f8a24a17849&post_fullname=t3_utnfsc&post_index=1&ref=email_digest&ref_campaign=email_digest&ref_source=email&utm_content=post_title&%243p=e_as&_branch_match_id=1051198226686658433&utm_medium=Email%20Amazon%20SES&_branch_referrer=H4sIAAAAAAAAA22Q3WrDMAyFnya7y0%2FjrMsGZQzGXkM4jpyKOraRFbq9%2FZS1vRsIdPgORxI6i%2BTy1raM80zS2JybQPHSmvxe9YPJJwRbnlQmpoWiDbBxOJ33VGU%2Bqv5L63q9Nve8S6sC3iFORpuCFaMUlZtEX9zdAiowMdoLxQUmy0zIBXxisCGA%2FGQskPw%2B3%2BiKYUbMsB9WmU%2FhDav%2B6BIzBiuUItCs3E%2Bu67pnU2PnTD0Mx2M9%2Bt7UvR9tP9jDyzi8ai6nIuC3EKJdcR9n4HHZzaM447caBwWMXhWulgLMtGCRGwRn12xpif%2B7JW3s8OEp3GQFl6LoK5T%2BrRGSgL%2Fu8uWcfwEAAA%3D%3D *Snark and commentary in italics.* **Hey, you’ve read this far! How about giving me some feedback? Please take five minutes to answer some** ****survey questions**** **for me. It would really help me deliver better content in the future.** https://freeonlinesurveys.com/s/15CTccGM Cryptocracy is a decentralized newsletter published 4 times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto. *First published at* *Cryptocracy**. Not to be construed as financial advice.* https://cryptocracy.substack.com/p/ethereum-merge-could-happen-sooner?s=w Image credit: OceanDrive