Latest News
Bo Shen Hacked on Trust Wallet
In my opinion, both custodial and non-custodial accounts lose 5% each year due criminal attacks or mishandling. The problem is always people messing it up, but the reasoning and the mechanisms are different.
Layer 1 10x Index Methodology
The FreeLunchTrading “Layer 1 10x” index tracks foundational assets in the crypto ecosystem by investing in the largest base settlement and smart contract networks. Each asset offers unique advantages in processing speed, data structures, consensus, and client software which optimizes them for certain users or industries. L1-10x contains some of the top ranking eligible constituents of FreeLunchTrading’s indexes, meaning they are regulatory compliant, meet liquidity requirements, and have strong historical data.
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.
What are ENS blockchain domains?
Do you own a website domain? How about an NFT? If you or your company is beginning to use cryptocurrencies and integrate into web3, then you may soon realize you need both.
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.
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.