This week in Crypto Twitter (21 - 25 Feb)

This week in Crypto Twitter (21 - 25 Feb)

While off chain events are dominating the news, and markets are in turbulence, a lot has happened in crypto this week. Please enjoy our round up of the biggest stories from crypto twitter.

Headlines

  • The Russian invasion of Ukraine has redrawn the map for the macro perspective, as pundit wonder what extra financial sanctions may mean for businesses across the world and the crypto space.
  • The DAO hacker is revealed in a new book from Laura Shin, one of the biggest hacks ever resulting in a hard fork for Ethereum and the creation of Ethereum Classic.?
  • The European Parliament debates the merits of proof of work, a vote on an amendment to ban POW-based assets like #bitcoin was canceled after a public backlash from the community.
  • Canada’s crack down on the Trucker Protest is starting to make people realise that Bitcoin/Crypto may have some benefits after all.
  • Consolidation within the crypto sector as Bitpanda purchases UK based digital asset custodian Trustology.

DeFi

  • L1 competition heats up as Ethereum L2 protocol Lyra (built on Optimism) makes trading SOL options quick and cheap.
  • The DeFi project created by Andre Cronje on Fantom launched this week, but there were some hiccups. This thread covers the details.?
  • DeFi user update: since this time last year we’ve grown from 1.5m to 4.5m wallets that have interacted with DeFi.

NFTs / Metaverse

  • Tubby cats seem to be taking over the NFT space, a hotly anticipated project from Ratwell that has a lot of CT influencers onboard -
  • While the ways we can support Ukraine are limited we would like to promote this list of Ukrainian NFT artists
  • Opensea users fell victim to a large scale phishing campaign which resulted in many individuals losing their NFTs.

DAOs

Memes

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