Hello friends 👋🏻 another week has flown by, and here's the roundup of the great stuff from this past week:
Crypto Stuff 🚀
📈 The Markets
$BTC is up 0.6% in the last 7 days
$ETH is up 2% in the last 7 days
BTC has been maintaining its value in the range of $34K-$37K, with Ethereum hovering around $2K. This week's news about CZ stepping down and Binance reaching an agreement with the Department of Justice could signal that major players are ensuring everything is in place for a significant entry (possibly through ETFs) into the space, potentially kickstarting the next bull market. However, it's all speculative at this point!
🗞️ The News
🔥 News of the week is Changpeng Zhao (CZ) stepped down as Binance CEO and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement. Final sentence on Feb 23, 2024. 👀
🔥 Open AI Drama (so far):
OpenAI (Chat-GPT makers) board of directors fired Sam Altman as CEO.
Microsoft hires Sam Altman immediately after
OpenAI re-hires Sam starting with a new initial board. (I’m sure there will be a movie about this!)
👀 Project I’m looking at
This week, I’ve been diving into the Superfluid apps ecosystem. Got hooked after reading this post about Airdrops vs Airstreams! If you haven't checked out Superfluid, you should – it's a gem in Web3. It changes the game in sending money. Instead of one big transfer, you can stream cash non-stop, right from one account to another! 🤯. Anyway, Superfluid has a bunch of different solutions build on top worth a look, And no, they don’t have a token (yet?).
🤓 What am I learning?
This week, I'm diving into Chainlink's CCIP. After hitting up Chainlink SmartCon 2023 in Barcelona, I was super impressed with all the big names keen on getting into asset tokenization. We're talking Swift, ANZ Bank, Vodafone, and a bunch more playing around with this tech. I've got a hunch it could bump up the LINK token's price. So, what's this all about?
Chainlink's CCIP, which stands for Cross-Chain Intercommunication Protocol, is a protocol designed for transferring tokens and messages between different blockchains.
🚨 Security Stuff
Weekend wipeout 🤕. dYdX lost 40% of its v3's insurance fund ($9M) in a ‘targeted attack' involving manipulation of Yearn’s YFI token.
🆒 Cool Stuff from the Week
🎧 Podcast episode I’m listening to:
Podcasts are my favorite companions during my mid-day gym workouts 🏋🏻♀️. This week, I stumbled upon an episode of Alex Hormozi's podcast. (video version here):
📱 Cool app I’m using
I recently discovered the Sofa App 🛋️ marketed as a 'downtime organizer'. It's designed to help users be more intentional with their leisure time. The app allows you to create lists of various entertainment options like apps, books, movies, TV shows, podcasts, and games, which you plan to enjoy later. This feature helps in keeping track of how you spend your downtime. I particularly appreciate being organised and intentional, especially when it comes to selecting the books, movies, and TV shows I want to watch. 🤓
🤔 Quote I’m pondering:
Good one to always keep in mind:
📚 What am I reading:
Last week I shared details about my morning routine, including that'Daily Dad' by Ryan Holiday is one of the books I read daily. Additionally, there are two other books I enjoy reading each morning. One of them, which is a personal favourite, is 'The Daily Stoic: 366 Meditations on Wisdom, Perseverance, and the Art of Living'.
🫵🏻 One question for you:
Thanks for reading 🙏🏻. Don’t forget to leave any feedback if you have on the comment section!
See you next week!