FFATH ๐ Mastercard is here ๐บ An Avalanche of Shady Business Practices ๐ Dogechain Stuff
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Headlines
๐ Mastercard CEO working with Binance to let people spend crypto at more than 90,000,000 stores
๐ Malaysian bank works on crypto-friendly โsuper appโ with Ant Group
โ๏ธ๐ช๏ธ Tether holds firm on decision not to Freeze tornado cash addresses and awaits law enforcement instruction (Genius)
๐ฐ๐ท Binance is helping Busan to become a blockchain city
๐ซ M&Mโs jump into BAYC (NFT)
๐ The first 100% on-chain university course
๐ Reddit starts airdrop on Polygon
๐จ๐ณ China begins next phase of CBDC testing with e-CNY payment for public transport
๐ฐ Nike is making a shit ton of money with NFTs
โ๏ธ South Korea Plans to Tax Crypto Airdrop
๐ Pavel Durov Telegram founder working on a new marketplace
๐ Y Combinator Top Private Companies - 2022
๐ Itโs official - Ethereum Mainnet Merge Announcement
Featured Story
๐บ An Avalanche of Shady Business Practices
Rumors, rumors are no fun unless youโre suing everyone. Ava Labs, the US-based company behind the development of the Avalanche blockchain, and more specifically its founder, Emin Gรผn Sirer is being accused of using his friend and founder of the Roche Freedman Law Firm to sue covertly its competitors and attempt to distract regulators away from Ava Labs.
The information on this rumor is a mix of pretty good video footage of arrogant bro Kyle Roche bragging on how he manipulates the legal system to sue Ava Labs competitors and a fairly new crypto leaks website thatโs putting it all together.
Now, while FFATH has not found any other evidence outside this video leak one thing is certainly clear, the man in the video has no issues manipulating the legal system to favor his personal investments. If these allegations are true, it could place a rather sore eye on the entire Avalanche project. What is also clear is that Emin Gรผn Sirer has been caught being shady before, like when he tweeted a published paper describing the consensus protocol he planned to use under the pseudonym "Team Rocket," which he then drew attention to on social media - all the while pretending it wasnโt himself.
However, the question needs to be asked; does it even matter? Whatโs perhaps more important than outright deplorable business practices is whether or not the Avalanche blockchain will be enough to compete with Ethereum 2.0 and its Layer 2 protocols; all of which seem to solve the exact same issues that Avalanche claims it does.
People, developers, and institutions could decide they simply prefer Vitalik Buterin to Emin Gรผn Sirer and put their investments behind their favorite personalities. Or folks could use choose to use whatever technology proves the easiest. That said, making enemies of everyone is probably not good for business.
Insider News
๐ Dogechain lauched its blockchain and one of the developer dump 1 million tokens right after launch
๐ธ One of the Curve dev took $1mm worth of CRV
๐ต Sam Trabucco is stepping down as Co-CEOs of FTX and confirm the Katty Perryโs prophecy
๐ And the crypto community apparently know why
๐บ Youtuber Atozy being sued because he made a video on Bitboy Crypto. He raised $200,000 USD in less than 24 hours to defend itself. In front of this media buzz Bitboy Crypto has stopped the lawsuit. Bitboy Crypto is known for shilling crappy tokens and dumping on its community.
๐ต Nice parody here
๐ The first ever stablecoin collateralized ETH
๐ Sei fastest blockchain on Cosmos?
๐ Frax is taking a bigger part in GLP
๐ Shorting NFTs could be possible soon?
๐ฎ Ragnarok update
๐๐ Trader Joe introducing: liquidity book
๐ Pantera Capital insights on vestings
๐ StarkNet Roundup #31
๐ 3AC Update and Su Zhu calls crypto hedge fund's liquidators inaccurate
๐ Celsius countersues KeyFi, former employee for being 'thieves'
๐ฅ Ribbon Earn is live and offers capital protection (Cool stuff)
๐ฅ Silo is live in beta mainnet (lending platform)
๐ฅ Kalao V2 is live
๐ And look what just sold for 400 ETHโฆ
Reads
๐ช๏ธ How does Tornado Cash actually work?
๐ NFT Lending Models
๐ Teach Me Daddy by Arthur Hayes
๐ Can Aave's GHO stablecoin help the protocol further grow and overtake MakerDAO and DAI?
๐ Decentralized Social Media: The Future of Connections or an Unnecessary Niche?
๐ Blockchain Oracles
Data
๐ Top 10 dApps by protocol revenue over the past 7 days
๐ Top dashboards to follow the Merge
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