Decrypt has partnered with Solana infrastructure firm @Helius to add confidential transfers to the Decrypt Money Account, using its Solana Privacy Rings. https://t.co/w3fFYukMLs
Mando reveals why he's massively reducing his crypto exposure and shifting his preference towards $XMR and $ZEC over Solana
@rektmando : “I still have an XMR position, but it's not that big, if I'm honest. I still like that trade."
"I'm bullish on hacks. I do think hacks are going to massively increase, and I think people will buy XMR."
"But where that goes in a world where potentially L1s get smashed is a difficult one."
"I'd like to be a buyer of those over Solana, but I'm not that bullish on crypto.”
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zcash:native Falls Below $1,000 for First Time Since Early September.
Zcash dropped about 14% in 24 hours to $987.81 as of 6:30 AM EST, leading the top coins lower as crypto extended its slide after Tuesday's hotter-than-expected inflation data.
Farokh explains why Crypto Twitter feels so bleak right now, pointing to constant selloffs, hacks and project shutdowns before questioning who actually made money in crypto.
“Sentiment over here is horrible. Everyone’s calling each other out”
“Nobody seems to believe anymore. Nobody seems to want to build anymore either.”
“But that sentiment isn’t necessarily reflected outside this app.”
“who won, who made money?”
“it seems like a lot of just scammers made money and did well every cycle, and a lot of people who are still trying are really fucked”
Wow the crypto feed is in full despair mode.
Years of unrealistic expectations coming to fruition.
Positively, plenty of deep lifelong (beneficial) experience being handed out.
It’s all good.