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Aug 28 • 10 tweets • 6 min read
#WeeklyCrypto by @bizyugo (21-27 Aug 2022) 👇🏻 Image
Sun －21 Aug 2022:

Web3 extension malware.
Mon － 22 Aug 2022:

@auroraisnear's Rainbow Bridge resisted another attack
Tue － 23 Aug 2022:

@SudoRare － an NFT AMM rugged 519 $ETH (~$800K). They close their service and delete their social accounts/groups and website.
Wed － 24 Aug 2022:

@Bitboy_Crypto sued Eling Mengshoel Jr., aka @atozy.

Atozy raised $180k ($100k from @cobie) to fund his legal defence.

And now Bitboy said he's pulling the lawsuit.
Thu － 25 Aug 2022:

@AlamedaTrabucco steps down as Co-CEO of Alameda.
Fri － 26 Aug 2022:

@synthetix_io proposed SIP-276: Turn off the money printer

Proposed to ditch inflationary tokenomics and hard capping $SNX at 300m.
sips.synthetix.io/sips/sip-276/
Sat － 27 Aug 2022:

Rumour spread around CT saying Mt.Gox is going to dump 137.000 $BTC (~$2.7B)
And here's a list of threads I posted this week:
1/ @STFX_IO overview

2/ @NFTScoring overview
I hope you've found this thread helpful and thank you for reading!

Follow me @bizyugo for more.

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More from @bizyugo

bizyugo Profile picture
Aug 15
Hold on to your trading setup because there will be a new perpetual swap in @arbitrum town.

Transitioning from @TracerDAO and rebirth into @mycelium_xyz 🧵 (0/14) Image
1/ @mycelium_xyz is inspired by @GMX_IO while introducing more markets and lower fees for traders.

You can trade $BTC, $ETH, $LINK, $UNI, $BAL, $CRV, $FXS, and stablecoins. Image
2/ What do @mycelium_xyz offer for you traders?

a. Liquidity － Trading within the provided pool without moving the market
b. Leverage － Up to 30x leverage
c. Low fees － only charge 0.03% entry and exit fees (10% of those goes to the top 50% active traders) Image
Read 16 tweets
bizyugo Profile picture
Aug 9
Every time I research a protocol, there's always one word that can summarize the project.

'Different' is the word for @eulerfinance, and let me tell you why! 🧵Ⓔ🧵 (0/32)
1/ Euler is a lending protocol on Ethereum. But bizyugo, that's no different than Aave and Compound.

Yes, but Euler is not just a lending protocol. Under the hood, a lot differentiates them from other protocols.

For example, you can lend and borrow ANY assets.
2/ What different aspects are we going to talk about? A lot, actually, and that's why today's thread is very long.

Mechanisms here are derived from @AaveAave and @compoundfinance but modified for the better. That's why I said Euler is different. Let's get into it one by one 👇🏻
Read 34 tweets
bizyugo Profile picture
Aug 9
The US sanctioning a neutral tool that can be used for good or bad is just a glimpse of how centralized big brother is.

This is a mixer. Imagine what happens when they discover zk-proof?
Followed by @circlepay freezing $USDC on @TornadoCash users' addresses.

Guess demanding privacy is a crime now 🤷🏻
And then @github & @Microsoft came in and decided to censor @TornadoCash team and protocol's Github account.

Not only is demanding privacy a crime but providing an open-source tool to do it is also a crime?
Read 8 tweets
bizyugo Profile picture
Aug 8
Bridges is getting exploited left and right these past few months.

With an estimated total of $2B stolen from 13 bridge hacks this year, the multi-chain future seems bleak.

The third biggest protocol by TVL, @AaveAave proposed to pull their protocol off of @FantomFDN. 🧵 Image
Besides security reasons to mitigate such exploits affecting user funds on Fantom @AaveAave, they are eclipsed by @GeistFinance − Fantom native money market protocol.

Aave only ranked #21 by TVL with only $6.7M compared to $4.8B on Ethereum.
@AaveAave @GeistFinance @AaveAave on @FantomFDN only generates $300 of fees daily and only ~30% of daily fees go to the Aave treasury, while on @ethereum Aave generates $327,000 daily and $133,366 daily on @avalancheavax.

The risk of relying on a bridge outweighs the reward in Fantom case. Image
Read 6 tweets
bizyugo Profile picture
Aug 7
Following what's happening in the Crypto space is tiring, so here's a weekly overview of what happened each day in the past week. 👇🏻
Monday － 1 Aug 2022:

@TiffanyAndCo reveals Ξ30 ($51K) NFTiff and CryptoPunks pendant
Tuesday － 2 Aug 2022:

@nomadxyz_, the optimistic bridge got exploited, draining $190m from the protocol
Read 11 tweets
bizyugo Profile picture
Aug 6
Nansen is your one-stop destination for everything on-chain.

What are you researching?
✅ Tokens
✅ Stablecoin
✅ NFTs
✅ Projects
✅ Whale wallets
✅ Exchanges flow
✅ Smart contracts
@nansen_ai and @ASvanevik got you!

And that's why it's my primary data center. 🧵✧🧵 (1/13)
Table of Content:
2 －Supported chains
3-5 － Smart Money labels
6-10 －Token God Mode
2/ What chains do they have data on? The real question should be what major chains they don't.

But here's what they have:
- @ethereum
- @Polygon
- @avalancheavax
- @arbitrum
- @BNBCHAIN
- @FantomFDN
- @Ronin_Network
- @solana
- @CeloOrg
- @terra_money (Terra Classic)
Read 14 tweets

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