This week in crypto twitter (16-20 May)

This week in crypto twitter (16-20 May)

We're recovering from the $UST depeg last week, getting into Solana summer and generally covering what's going on in crypto twitter this week.

Enjoy!

Headlines

  • A great thread on some of the key points from the A16Z crypto report.
  • Now that we’re in the bear market, people like to try and predict the indicators for the bottom. Any thing you can add to this list?
  • More details from the $LUNA / $UST crisis of last week are emerging, as people question how the BTC warchest was used to support the peg.
  • Revolut planning a token - soon.
  • Another big fintech firm, Robinhood, is planning a crypto wallet.

DeFi

  • Studying resilience in #DeFi.
  • A thread on DeFi regulation from our Co-Founder / CTO, Peter Grosskopf.
  • $OHM, is showing some signs that it could make a comeback after falling out of favor in the last 6 months.
  • We share our thoughts on why a Euro-backed stablecoin has yet to reach popularity.

NFTs / Metaverse

  • Artists continue to join the NFT ecosystem, and also sometimes this comes with a backlash from their current audience.
  • Stepn is driving a lot of adoption at the moment, here we have a breakdown of the minting mechanism for creating new shoes.?
  • Lens is a web3 social media platform, early users can access their usernames as of this week.

Memes

  • CT alignment chart of the biggest accounts.??
  • We all thought we were heading for JPEG summer until last week. (Solana JPEG summer is still going ahead though)?

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