Hey Chain Debrief Community,

From the looks of things, it seems like the dust has settled. The market has been trading sideways for a while now, and I guess the worst is finally over.

Don’t get your hopes up! Macros are still very bearish at the moment, and until the Feds solve this inflation issue, we will not see a bull run for a very long time. My Lambo will just have to wait…

On a side note, it’s very heartwarming to see so many of you showing concern about my degen 20x leverage position. You can rest assured that I trade with caution and my portfolio is still very much solvent, unlike some of those “institutions” out there.

Speaking of insolvency, there are a lot of ongoing FUD in the space, and some centralized entities might be insolvent. I highly recommend you guys to move your funds out of both centralized exchange and saving platforms. It is better to be safe than sorry.

I bet you have heard that Solana is launching their very own crypto phone called Saga. Honestly, I think it is a very ambitious project, and I would rather stick to my web2.0 smartphone than risk getting a phone that breaks down every now and then.

Anyway, we are giving away 100 tickets to GameFi Asia 2022. It is a 4-day hybrid event happening from July 18th to July 21st. There will be two full days of seminars with leading industry experts like Nansen CEO, Alex Svanevik, and co-founder of YGG, Gabby Dizon.

— Gab from Chain Debrief

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