Thread by @HeavyZen_

☀️Daily Gm

Crypto sentiment flipped to neutral while the total market cap flirts with $1T.

On the other side of the pond, a disappointing CPI print applied pressure on the markets. (1/n)

https://twitter.com/Delphi_Digital/status/1491584657837768706?s=20&t=QJvyB9Vb6JQ2Xdq-_8vMIw

Fed’s Bullard goes turbo-hawk: "I’d like to see 100 basis points in the bag by July 1.” (2/n)

bloomberg.com/news/articles/…

"Exploits like we saw with Wormhole also highlight a bull case for trading Ethereum-based assets directly on L2s rather than through bridges connecting blockchains with heterogeneous consensus and virtual machine layers." @_LewisHarland_ (3/n)

The future is multi-chain, whether we like it or not.

TVL of Ethereum alternatives in 2021 increased from $18B to $250B. (4/n)

https://twitter.com/michielvtb/status/1490725655583113219?s=20&t=ONj3u5O7WhvNvOEsULqhlw

"It’s dangerous to set a precedent that big bridge hacks will be covered by the nearest VC...

One day, the bailout won’t come." @BanklessHQ (5/n)

newsletter.banklesshq.com/p/lessons-from…

The future of NFTs (we're just scratching the surface of what's possible) (6/n)

https://twitter.com/chriscantino/status/1489323936462434308?s=20&t=iUgElSBXNSGlcsCe0jtgyQ

A DAO voted to liquidate 80+ Bored Apes + Mutants (7/n)

https://twitter.com/ptmNFT/status/1491222700697976833?s=20&t=aSjhOeSu67Kg0lfgEQcVxQ

#Metaverse real estate sales top $500M, projected to double in 2022. @CNBC

Side note: NFTs represent just 1% of crypto’s $2T industry, even though investments in NFT startups grew 49x last year. (Source: Messari + Blockworks) (8/n)

cnbc.com/2022/02/01/met…

$800M+ funding poured into #crypto last week
(intel via @Blockworks_ )

QE-driven, wildly different times, but still...
Great time to look for a job in crypto, bear market or not. (9/n)

https://twitter.com/Travis_Kling/status/1491129696255623169?s=20&t=KtsEScD5Xs_4z1-4-Jk9yA

@FTX_Official as a wider company is valued at $32B-40B (depending on which article you're reading, possibly making FTX larger than @Coinbase)

Massive war chest = easier to weather regulations & bear markets + room for innovation & expansion (10/n)

blockworks.co/ftx-valued-at-…

Web3 & crypto funding isn't slowing... (1/2)

- @GoGalaGames pumping $5B into NFT offerings
- GameStop + @Immutable launching a $100M fund
- @AlchemyPlatform hits $10.3B valuation
-@RiftFinance raises $18M
- @0xPolygon raises $450M
- @EthernityChain raises $20M
(11/n)

Funding continued... (2/2)

- @computenorthllc raise $385M
- @OpenNode raise $20M
- @aleohq raise $200M
- @FireblocksHQ valued at $8B
- @BlockdaemonHQ raise $207M
- @binance investing $200M in Forbes Mag.
- @apifiny_ $530M SPAC
- @DuneAnalytics raise $69.42M

I miss any? (12/n)

Here comes ve(3,3)

(13/n)

https://twitter.com/JackNiewold/status/1491911652396077059

🕵️Even more hacks...

- Qubit Finance $ETH bridge hacked for $80M
- @QiDaoProtocol hacked for $13M+
- Bonus: Money laundering via crypto rose 30% in 2021 @chainalysis

https://twitter.com/peckshield/status/1486841239450255362

+

https://twitter.com/QiDaoProtocol/status/1490944375165128706

(14/n)

Rapper RAZZLEKHAN & partner Lichtenstein taken into DOJ custody for hiding $BTC from the 2016 Bitfinex hack (amt today worth $4.3B)

✅Excellent memes
✅Wild money laundering theories
✅Case study in public on-chain forensics
❌Spitting dope bars
(15/n)

https://twitter.com/JackNiewold/status/1491196199256608770?s=20&t=rdUvrAd00ytAlW89Jn9UWg

"AssangeDAO raises $55M in six days to help liberate WikiLeaks’ founder" @Blockworks_

(16/16) End of Daily Gm 🧵, hope you got some value in it, please share if you did✌️

blockworks.co/assangedao-rai…

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