5 Must-Read Articles in the Evening | Exploring Decentralized Options
1. Former Coinbase CTO talks about the FTX case: Why did SBF, politicians, traditional media, and regulators all fail?
Have you watched those superhero movies where Batman catches a criminal and ties them up with a cable, waiting for the police to clean up? That’s what happened to SBF. The internet investigated fraudulent behavior, collected indisputable evidence, and packaged it as a gift for the government. Then, from Musk to India, everyone shouted online for a whole month until the country reluctantly took action.
Now that he has been convicted, we see the strange rewriting of history, showing that the system is effective because it was shamefully ridiculed on Twitter to catch an obvious scammer. Yes, Twitter is what prompted the government to take action. How do we know? Because the whole case was cracked on encrypted Twitter from start to finish! Click to read more.
2. Figment Capital: How does Web3 Frontend obtain value?
Web3 frontend provides two services that allow users to read data from the blockchain and write data to the blockchain, and the frontend can profit from such reading and writing. Historically, we have been skeptical about the value extraction of frontends. The main challenge they face is the minimal differentiation; each frontend corresponds to the same shared backend, just seen through different lenses. Click to read more.
3. Fidelity’s Thousand-Word Report: Reexamining the Nine Major Criticisms of Bitcoin
In November 2020, we emphasized some of the most common criticisms of Bitcoin, which came from our regular conversations with institutional investors and observations of public comments on Bitcoin. Over three years later, Bitcoin not only remains the largest digital asset by market capitalization but also continues to evolve as a currency network. Click to read more.
- Why should X replace bank accounts? What does Musk have?
- Xbox’s AI Gaming Revolution: Enhancing the Player Experience with AI
- The Best Cryptos to Buy Now: NEO, KuCoin, Aave, TG.Casino, and yPredict!
4. How to accurately know what whales are buying?
In the ever-evolving world of cryptocurrencies, stories of individuals turning meager investments into astronomical fortunes overnight have become legendary. These stories often revolve around meme coins, digital tokens born out of internet culture that may initially seem insignificant. However, some savvy investors have turned a few hundred dollars into millions by catching the wave of certain tokens at the right time. By the time the general public becomes aware of the rise of these coins, it’s often too late to participate. Click to read more.
5. All set, just lacking the east wind: Exploring decentralized options.
The emergence of smart contracts allows contracts to be automatically executed on the blockchain without human intervention, providing a favorable environment for the operation of options with clear and transparent conditions and processes. Click to read more.
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