"I think OGs are hard core believers who went all-in when nobody else was paying attention to the space."
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Guide to real-life crypto OGs you’d meet at a party (Part 2)
In Part 1, we detailed three of the different kinds of crypto OGs you might meet at an industry party.
They were: (1) shadowy super coders and/or anon founders, (2) “reputable” and respected OG industry leaders like Vitalik Buterin and Brian Armstrong, and (3) the comeback OGs, who were trying to shake off the stink of a failed project.
This time around, we meet even more categories of crypto OGs, with insight from the insiders most familiar with them.
Guide to real-life crypto OGs you’d meet at a party (Part 2)
In Part 1, we detailed three of the different kinds of crypto OGs you might meet at an industry party.
They were: (1) shadowy super coders and/or anon founders, (2) “reputable” and respected OG industry leaders like Vitalik Buterin and Brian Armstrong, and (3) the comeback OGs, who were trying to shake off the stink of a failed project.
This time around, we meet even more categories of crypto OGs, with insight from the insiders most familiar with them.
Guide to real-life crypto OGs you’d meet at a party (Part 2)
In Part 1, we detailed three of the different kinds of crypto OGs you might meet at an industry party.
They were: (1) shadowy super coders and/or anon founders, (2) “reputable” and respected OG industry leaders like Vitalik Buterin and Brian Armstrong, and (3) the comeback OGs, who were trying to shake off the stink of a failed project.
This time around, we meet even more categories of crypto OGs, with insight from the insiders most familiar with them.
The “NeoGs” market makers and traders
There are a select few crypto players who joined the game late, yet they rose to prominence to become behemoths in terms of net worth and impact. Usually, these are savvy market makers and traders who are often mistaken for OGs.
Take, for example, Sam Bankman-Fried, the founder of FTX trading exchange and quant trading firm Alameda Research. Amid the recent crypto collapses, he gained even greater prominence as he stepped in big to provide bailouts and minimize the contagions.
Fixed interest rates to create a DeFi 2.0 for institutions, says former bank exec
In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment.
Blockchain oracle network XY Labs' shares start trading at SEC-registered platform
The blockchain oracle provider said that this will be the first time that its shares will be available at a regulated trading venue.
‘Market will decide’ on post-Merge Ethereum ETPs, says crypto executive
Offering two separate Ethereum ETPs after the hard fork would allow ETC Group to ensure the most transparent and fair approach, the founder said.
Downsides of Proof-of-Work and Proof-of-Stake, explained
Not all consensus mechanisms are born equal — and the differences between major blockchains can have a huge effect on gas fees and transaction speeds.
Emerging markets lead global adoption index: Chainalysis report
Lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption.
Selling the rumor? Biggest Ethereum Merge staker Lido DAO loses 40% in 30 days
Lido DAO (LDO) has declined by more than 40% in the last 30 days with more room to fall in the coming days amid a potential sell-the-news event, i.e. the Merge.
Lido DAO Ether deposits surge 160% in 2022
Lido DAO is Ethereum's biggest staking service, having deposited over 4.14 million of the blockchain's native asset, Ether (ETH), into the Ethereum 2.0 smart contract on behalf of its users, according to the latest data.
ETH 2.0 total value staked by provider. Source: GlassnodeIn comparison, Lido DAO's total staked amount was around 1.6 million ETH at the beginning of this year. The boom reflects a growing demand for Lido DAO services ahead of Ethereum's scheduled transition from proof-of-work to proof-of-stake via the Merge on Sep. 15.
LDO, a governance token in the Lido DAO ecosystem, has also undergone an unprecedented price rally in recent months, up more than 350% after bottoming out at $0.39 in June.
Still, the token's sharp correction in the past month raises the possibility of an extended downtrend now that the pre-Merge hype is nearing its end. In addition, a technical setup also alerts about a potential price decline ahe.
Selling the rumor? Biggest Ethereum Merge staker Lido DAO loses 40% in 30 days
Lido DAO (LDO) has declined by more than 40% in the last 30 days with more room to fall in the coming days amid a potential sell-the-news event, i.e. the Merge.
Lido DAO Ether deposits surge 160% in 2022
Lido DAO is Ethereum's biggest staking service, having deposited over 4.14 million of the blockchain's native asset, Ether (ETH), into the Ethereum 2.0 smart contract on behalf of its users, according to the latest data.
ETH 2.0 total value staked by provider. Source: GlassnodeIn comparison, Lido DAO's total staked amount was around 1.6 million ETH at the beginning of this year. The boom reflects a growing demand for Lido DAO services ahead of Ethereum's scheduled transition from proof-of-work to proof-of-stake via the Merge on Sep. 15.
LDO, a governance token in the Lido DAO ecosystem, has also undergone an unprecedented price rally in recent months, up more than 350% after bottoming out at $0.39 in June.
Still, the token's sharp correction in the past month raises the possibility of an extended downtrend now that the pre-Merge hype is nearing its end. In addition, a technical setup also alerts about a potential price decline ahe.
Busan signs MoU with Huobi, gets more help for local crypto exchange
Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city.
South Korea issues arrest warrant for Terra Founder Do Kwon
While the LUNC community rejoices because of a potential comeback for the Terra Luna Classic (LUNC) token, the founder of the Terraform Labs, Do Kwon, is now facing a warrant of arrest from South Korean authorities.
A court located in Seoul reportedly issued a warrant of arrest for Kwon and five other people who are all currently located in Singapore. According to the prosecutor’s office in South Korea, the Terra founder is facing allegations of violating the country’s capital markets law
In May, what the Terra community first suspected to be a FUD attack became one of the most devastating market crashes in crypto history, triggering the loss of millions of assets from investors of Terra USD (UST) — now renamed Terra Classic USD (USTC) — and Terra (LUNA), which is also rebranded to Terra Luna Classic (LUNC). The UST stablecoin started to drift away from its dollar peg, dropping to an all-time low of $0.006 in June.
Apart from UST, LUNA, an asset that once reached its peak at $119.18 in April dropped massively to an all-time low of $0.0000009, causing suicide hotlines to be pinned on the project’s Reddit community.
The Terra crash also affected various decentralized finance (DeFi) protocols, leading to an 80% and above decline for projects that were associated with the stablecoin.
South Korea issues arrest warrant for Terra Founder Do Kwon
A court located in Seoul, South Korea issued a warrant for the arrest of Kwon and five other people who are currently in Singapore.
BTC price clings to $20K as US stocks lose the equivalent of 4 Bitcoin market caps
$1.6 trillion U.S. stock market losses pressure crypto markets, with BTC price action coming full circle to linger near $20,000.
BTC price clings to $20K as US stocks lose the equivalent of 4 Bitcoin market caps
Bitcoin (BTC) briefly lost $20,000 support overnight into Sep. 14 after hot United States inflation sent risk assets crashing lower.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMarkets lose big in bid to "fight the Fed"
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit lows of $19,870 on Bitstamp — its worst since Sep. 9.
The move came amid a stocks rout triggered by Consumer Price Index (CPI) inflation data for August coming in above expectations.
Despite still being lower than July, the market had hoped for a quicker cooling of inflation more broadly and hence the chance of a quicker loosening of policy by the Federal Reserve.
With that prospect now appearing slim, equities indexes hemorrhaged value, with Apple losing $154 billion — the sixth-biggest daily loss in U.S. stock market history.
Sci-Fi NFT comic book project lays the foundation for CCG development
DAO members vote and decide on the future of the story by minting, collecting and crafting panels and pages of comic book issues.
Sci-Fi NFT comic book project lays the foundation for CCG development
DAO members vote and decide on the future of the story by minting, collecting and crafting panels and pages of comic book issues.
Bitcoin is the perfect settlement layer to build apps on top of: Hiro CEO
Bitcoin programmability may also help further drive Bitcoin adoption as both a technical and financial layer in our society, which in turn may “drive up the price” over the long term.