GM to everyone waiting for this 👇
Markets
Here are today’s market moves:
Here's what you need to know:
Discord servers of big NFT projects are getting hacked
Another day, another Discord compromise—or in this case, many Discord compromises.
Bored Apes wrote on their Twitter account in the early hours of the morning,
Other Discords reported to be compromised include several other big-name projects including Doodles, which had previously endured a Discord compromise in late February.
This particular compromise appeared to stem from a series of compromised Discord bots, including a very popular CAPTCHA bot used to fight spammers.
The creator of Dogecoin made just $3k out of the meme token
'Of course I'm salty!'
Imagine the mind f*ck this dude would be going through thinking that he created something as a joke and now has a 80 billion dollars market cap.
The co-creator of Dogecoin, Jackson Palmer, also adamantly hates crypto.
Like A LOT.
So the fact Doge blew up probably pisses both of them off to a great extent.
A Twitter thread about all the upcoming fields in crypto
It covers liquid staking, NFT fractionalization, social tokens, options, ZK proofs, and much more. Some of them have already been talked about in this newsletter but there are some that you need to start paying attention to 👇
DYOR. Not investment advice.
Nike wants to destroy NFTs 😂
A few months ago, StockX, a site that lets people buy and sell used brands, including Nike sneakers decided to sell NFT versions of the Nike Dunk, Jordan 1, and other shoe lines.
Nike saw this, got pissed and declared trademark infringement. Nike accused StockX of ripping off its brand in order to cash in on a "gold rush market" for NFTs.
According to StockX, the NFTs—which it calls Vault NFTs–are simply a receipt that customers can redeem for the equivalent pair of physical sneakers. If they choose to redeem, they must surrender the NFT.
If you were wondering, the NFTs look like this:
Check this out
Here’s a crypto wallet 101 from our beloved Chris Cantino:
Did you hear?
Citi has projected that by 2030, the Metaverse will capture five billion users - and be a thriving $13T economy.
Crypto lingo of the day
VC:
Not to be mistaken with WC which is a different kind of facility. VC stands for Venture capital which is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. (Here’s more to it)
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