Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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will add some FIL @ 4.33 to punt the breakout

tight stops on a close below 4.21
will also bid RDNT @ 0.268 stop ~0.25

rusty tradooor
breakout apps lead to infra

the cycle goes as follows:
app->infra->app->infra->app (and so on)

the fat protocol, thin app thesis of crypto has led to many developers racing to build the next infra

but instead apps should be focused on first as they inspire the next developments of infra as seen in multiple historical cases

app->infra->app->infra->app

what doesn’t work now might make more sense a few app-infra cycles later

another great piece from usv

#reads

https://www.usv.com/writing/2018/10/the-myth-of-the-infrastructure-phase/
projects w highest % growth in developers from electric capital’s report
Forwarded from unfolded.
Digital asset investment products saw $136m of inflows last week bringing the last 3 consecutive weeks inflows to $470m, fully correcting the prior 9 weeks of outflows — link
this is pretty cool

an information market where people buy and sell information about on-chain intel

creating a liquid market for information and allowing on-chain sleuths to monetize information

https://twitter.com/ArkhamIntel/status/1678339355314900992
Forwarded from Alpha
Now, the supply of talent/skill is going to squeeze. People will choose to engage in doxing tier-3 Funds and VC's or rug entities to earn a living instead of pursuing edu...
OPNX is being funded by the illegal use of funds from Hodlnaut

https://twitter.com/OnchainPenguin/status/1677539608559763457
Forwarded from The Hacker News
🚨 ALERT: $20 million stolen from Revolut in a massive cyber attack. The organized criminal groups took advantage of a loophole, leading to significant financial losses:

Read: http://thehackernews.com/2023/07/hackers-steal-20-million-by-exploiting.html