One of the largest pieces of crypto legislation will be introduced this Tuesday (6/7).
It includes definitions of which coins are commodities, coins considered securities, stablecoins, CBDC framework, and NFT direction.
Let's dive into why you should be paying attention. ๐งต
Proposal from @Figment_io for a potential @osmosis upgrade to help derisk Osmosis and limit the second order effects of UST depeg
tl;dr in thread
https://t.co/xWuNAtV7tQ
ok here is how the $luna $ust attack was coordinated & executed. ๐งต (quoted from a friend)
- attacker OTC accumulated $1bn of UST
- borrowed $3bn in $btc
- spread around some fud about peg and bank runs
- dumped the fuck out of their $3bn $btc on market to trigger wider panic
! ATTENTION ATLANTA !
BanklessATL will be hosting a small class on crypto and DeFi basics this Saturday!
Date: 09 April
Time: 2:00pm - 4:00pm
Location: Midtown Atlanta
Space is limited! DM me for reservation and location details.
@bankless@banklessDAO#bankless#Atlanta
Interest-free borrowing on 15 chains, sounds like a dream, no?
Our DeFine podcast interview with @QiDaoProtocol is now live! Listen to see exactly how their open source protocol achieves this, its risks, utilities, and much more๐
https://t.co/7aBWBHkXdO
We've posted a vote on @AaveAave to add $MAI to Aave V3 on @0xPolygon, @FantomFDN, and @avalancheavax!
If you have $AAVE on Ethereum show up and vote ๐ณ๏ธ
๐ Voting starts in 24hrs and last 3 days
๐ https://t.co/MIjpeSu4kE