I rarely talk about markets but here is my take on all this chaos.
*Not financial advise*
1. This downturn has more to do with “macro” than any fundamental weaknesses in Web3. Long term Web3 remains mega-mega bullish, so newbies keep learning and builders keep building!
1/7
Celer Network is a leading #Layer2 blockchain scaling platform that enables fast, secure and private off-chain transactions for crypto payments, smart contract executions. It allows everyone to easily build and use highly scalable, interactive, low-cost blockchain applications.
A highly anticipated change to Ethereum's fee market known as #EIP1559 is scheduled for release on the Ropsten testnet next Thursday.
@christine_dkim debunks four common misconceptions about the upgrade.
https://t.co/e2ZnvTmxdK
NEW: @Oxygen_protocol, a kind of #DeFi brokerage built on the high-throughput @solana blockchain, has added Chicago-based market maker @jumptrading as a strategic partner.
@IanAllison123 reports
https://t.co/a5dG4T9Yud
⚠️BREAKING NEWS⚠️ #Philippines Central Bank Approves Two New Cryptocurrency Exchanges; #Atomtrans and #Telcoin 🇵🇭 $TEL #TEL the world 🌎 Two out of in total 13 legit #Telcoin#Compliant -first approach works everywhere 🌏 https://t.co/FnBIwL8f7X
El Salvador holding $150m in Bitcoin is huge.
Not because it will cause demand to rise, but because it will set a precedent.
A precedent that a sovereign nation could hold crypto assets.
Huge.
"Celer is a Generalized State Channel with advanced Rollup technology that reduces transaction costs by 100X with its project @layer2finance, quite a big leap considering the massive transaction volume on Ethereum, thanks to DeFi." @Entrepreneur 🙏
https://t.co/5Q4MpCHSBM