Hey Chain Debrief Community,

Hey guys! Welcome back to a brand new episode of the Chain Debrief Newsletter. The newsletter about all things cryptocurrency. (IYKYK)

Over the week, another stablecoin just dropped like the greatest hit. But instead of being a hit, it hit ground zero.

The Polkadot-based decentralized finance (DeFi) platform Acala’s stablecoin (aUSD) was exploited, and it sent the stablecoin straight to the grave. Stablecoins going to zero? Yup, I guess this is the new norm now.

Is the meme coin season back? A new layer 2 is in town and it’s called Dogechain. Dogechain (not related to Dogecoin) promises a robust ecosystem with its own native token that will have its own use cases. So Dogechain ($DC) to the moon?

In other news, DO KWON IS BACK! He finally broke silence and had an interview with Coinage. TBH, he is not looking so good just like my LUNA investment. RIP

I guess Do Kwon is not making the dough (get it? Please tell me I’m funny)

Anyway, Hodlnaut just announced that they have started their restructuring process. Hopefully, it will be able to come back from the grave so that its customers can get some of their savings back.

— Gab from Chain Debrief

Market Sentiment:

Editor’s Picks

📈 This coin is up 155% in 2 weeks!
All you need to know about Kujira and how it is driving real value

🖼 This project is getting a lot of traction
Sudoswap is the next generation NFT marketplace with no royalties

💵 Goodbye ponzi and hello real yield!
Struct Finance is re(DeFi)ning yield products

⭐️ Are you in crypto for the tech?
All these will trigger the next bull run

Meme of the day:

Community Sentiments:

Calling all EnRats!

Pulse Alpha Picks:

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