Blockchain inshorts #5
In short, we bring you what is the most interesting and important news in the blockchain world.
Jumping right into the news.
Microstrategy shows how corporates ape. They announced that they will raise convertible senior notes (debt) to buy bitcoin
Not only this, Micro strategy announced that they bought another $50 million; in total, they hold 40,824 bitcoin for an aggregated price of $475 million.
Wells Fargo’s investment strategy dedicates a page to Bitcoin as 2020’s best-performing asset.
Delphi Digital publishes Bitcoin bull case - 2021 and beyond ; the report is public for anyone to read.
There are now 1 million DeFi users, nearly 10x growth in the last 1 year. Uniswap accounts for more than 60% of them.
OMG Network (aka OmiseGo) gets acquired by a venture firm - Genesis Block Ventures
Collin from Consesnsys and Mara from Bison trails argue that Ethereum is the internet bond as Ethereum 2.0 launches
1% of all Ethereum is now staked in the deposit contract of Ethereum 2.0
Solana, a proof of history based blockchain, went down briefly as mainnet beta clusters stopped producing blocks. Now it’s up and working fine
TheBlock traces FTX exchange’s journey since launch and how it achieved a $3.5 billion valuation
Placeholder VC makes a case for buying back tokens instead of burning them (old)
Apple co-founder Steve Wozniak launches a crypto startup to help fund green projects
Scammer got scammed. To scam people, the scammer mentioned Andre Cronje’s Ethereum address, however, they forgot to change the “to” address back to theirs’. So, the proceeds also went to Andre.
Ian lee shares his journey on how he learned solidity programming in a month
FTX published their November month digest. If you are a trader, or love understanding the markets, this is for you.
Until next time…