Hey Chain Debrief Community,
Over the week, one of the largest hedge funds, 3 Arrow Capital (3AC), got liquidated by a number of lenders and it caused a tsunami of sell off. The market went down like a lead balloon and both Bitcoin and Ethereum reached a new local bottom.
Bitcoin hit the range of US$17,500 and Ethereum hit as low as US$881. Sadly, I closed my shorts early and missed the wave. I FOMOed and opened another degen 20x short. The market mooned… and now I’m back to work.
In other news, all Genie users rejoice! The world’s largest decentralized exchange, UniSwap, just announced that they acquired Genie and are planning a USDC airdrop for all historical Genie users. Damn it, I should have used Genie instead of Gem. So far, I have not gotten a single airdrop from anywhere.
The leading Solana NFT marketplace, Magic Eden, raised a whopping US$130 million in Series B funding and it’s exploring multichain opportunities. The marketplace is currently rivalling OpenSea in daily transactions and with multichain capabilities, it might become the top NFT marketplace.
Anyway, earlier this week Jacky had an Enrats AMA and he teased a number of things. During the AMA, he talked about Nexus and our brand-new Polygon course. You can now earn free MATIC token just by completing the course correctly. So, what are you waiting for? Start earning today!
— Gab from Chain Debrief
😨 The ugly side of DeFi
A breakdown of the Bancor and Solend controversy
😕 Is the future of the Metaverse certain or does it need a reality check?
Here are some things you need to know about the Metaverse
📖 Time to learn how to hedge your positions
A beginner’s guide to crypto options
💰 You have to read this before you ape into crypto
Things to consider before putting in your next $1000 in crypto
🏆 What’s better than getting paid to learn crypto?!
📣As part of our ongoing effort to educate the masses, we are very excited to announce our very own earn and learn program, Nexus.
The Nexus program enables users to learn at their own pace and receive tokens upon successful completion of the course.
Currently, there are 3 different courses to choose from: Fundamentals of Cryptocurrency, Basic Investment Strategies in Crypto, and Terra Ecosystem.
There are only a limited number of tokens available and only participants that score 100% are awarded tokens.
So what are you waiting for? Click on the link below and start learning!
Stay up to date with crypto 🚀
Be the first to receive our market learnings, editorial picks, and never miss out on what’s happening in the community.
We promise only the good stuff. 🙂