According to @Blockworks_, @opensea deleted several music-themed Ethereum Name Service domain auctions the same week that OpenSea cut 20 percent of its personnel after getting notice from the Recording Industry Association of America (RIAA).
The International Organization of Securities Commissions (IOSCO) and the Committee on Payments and Market Infrastructures (CPMI) of the Bank for International Settlements released final guidelines on stablecoin practices on Wednesday by @Blockworks_
According to @0xscholes from @GreenHornsCap, the possibility that the EU central bank will not increase interest rates helped the US stock/crypto markets, and a short-term rally took place which may continue for a few weeks.
One of the main questions surrounding the credibility of cryptocurrencies is their use cases. @SBF_FTX analyzes the possible areas for cryptocurrencies in this long thread🧵
We are all #AVAX believers because it has the highest potential among all L1s to be the top blockchain in the system.
However, it is necessary to answer the question of ''Why?''.
In this thread, I will explain the reasons why we believe in #AVAX🧵
There are many reasons to be bullish on @avalancheavax🔺:
1) Team 2) Tokenomics 3) Best Product 4) Broad landscape of projects 5) Strong community
Before discussing all the points, we need to answer what is @avalancheavax?
The easiest way to explain Avalanche is as the foundation of platforms, which ultimately consists of tens of thousands of subnets to produce a diversified, integrated network of numerous blockchains.