Latest News

Crypto in the real world: IPFS use in Taiwan

When trading, being able to recognize signs of value is a great way to raise your awareness. One notable indicator of value is when people begin using certain products out of necessity. Organizations are generally apprehensive to adopt crypto networks and currencies because of some understandable risks. This is why the decision by Taiwan’s Ministry of Digital Affairs (MODA) to use the IPFS protocol is a powerful demonstration.

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Andreessen Horowitz 2022 Crypto Report

Here is an annual report by the crypto arm of Andreeson Horowitz, A16z. The report has a lot of interesting charts and covers Web3, market cycles, Layer 1 and Layer 2 networks, DeFi, and metaverse/NFTs. The report even mentions DAOs and how they are starting for form organizations. Interesting to hear these ideas addressed by one of the biggest investment firms.

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Terra Luna Crash and UST Unpegged

Luna, UST, and Anchor have just realized their nightmare. Because of a series of large liquidations and panic, the stablecoin UST has been sold so much that is has lost its pegged value. Luna, the native token of Terra, is meant to back the value of the UST stablecoin but has also last its value due to panic from the failure of the system.

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Cryptocurrency Inefficiency Concerns

Interesting article criticizing the inefficiency of cryptos, specifically BTC and ETH. These are legitimate concerns that will prevent these systems from reaching the goals we have. I believe that we are very early in this industry and these problems are being solved. If you can’t handle the FUD (Fear, Uncertainty, Doubt), then you don’t deserve the gains.

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2021 Year of the NFT

Its hilarious to look at the angle on this chart. NFTs are surely the story of 2021. This is the growth people expect when they come to cryptos, but I bet most of you missed these gains in one way or another. Maybe you were busy right click saving lol. You got to stay plugged in and keep your awareness up.

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