gm to everyone.
This is CryptoBrew. We never tell you where to invest your money unlike other newsletters and then get wrecked.
We also rarely talk about LUNA, Terra cause that’s old news.
Here are today’s market moves:
Here's what you need to know:
The G20 of the crypto world is soon going to be conducted
El Salvador President, Nayib Bukele, announced that 32 central banks and 12 financial authorities from 44 countries will meet on Monday to discuss Bitcoin.
This is literally the G20 and now it’s going to be the B44 nations (haha, I saw someone saw that on Twitter). A year ago, just the headline would have sent Bitcoin into the stratosphere. Our little coin is all grown up now, brewers 🥺
The meeting will discuss financial inclusion, digital economy, banking the unbanked, and El Salvador’s Bitcoin rollout. The Central Bank of Rwanda, Nepal Rastra Bank, and the National Bank of Nepal will also be attending.
The NFT world is still hot and this thread will help you find your "alpha”
SpiritSwap is the latest victim of a domain hijacking attack
In what is beginning to become a pattern, SpiritSwap was the latest project where attackers gained control of their domain and were able to modify the frontend to divert funds to a wallet under their own control. SpiritSwap tweeted that the "the hacker has managed to exploit Godaddy" (unlikely—it was more likely a case of stolen credentials) and swap out the recipient address.
The hacker only managed to exfiltrate around $18,000 before being discovered, and SpiritSwap shut down their swapping through their router to prevent the attack from continuing.
Brewers, staking on these swaps can be super risky. Please DYOR.
Check this out
Want to apply for jobs in Web3 and crypto startups? I recommend checking out this thread 👇
Crypto lingo of the day
Liquidity:
Amount of ETH needed to buy JPGs.
“Nah, can’t snipe that monkey. Not enough liquidity.”
This is an impossible state of being. Any available ETH converts into JPGs immediately so everyone is in a state of perpetual illiquidity.
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