Crypto Fast Food 🍟
Multi-Million NFT-Heist » BAYC Instagram Hacked
The Fun Lexicon of Crypto Memeology
😂 Twitter Memes of the Week
Crypto Fast Fo🍟d
Elon Musk buys Twitter in a $44 Billion dollar acquisition. Basically, you can expect more things like this 😂 👇🏾
🦉 Moonbirds — a set of 10,000 profile pictures developed by Kevin Rose — has been on a trading rampage! Here are some numbers:
🔥 $448M total sales volume (CryptoSlam!)
🤑 initial buy-in » 2.5 eth, new floor » 35 ETH (14X+)
Fidelity Investments, now says you can add BITCOIN to your retirement. Last we checked, Fidelity is America’s largest retirement provider. 🔮 💰
Coinbase announced their new NFT marketplace. CEO Brian Armstrong’s vision is to jump-start the Billion Dollar “Creator Economy” by making smoother on-ramps for noobs to Create, Buy & Sell NFTs 💰 🤑 🥊
Nike’s CryptoKicks were released this weekend. Sales are through the roof. These sneakers are selling for 2.4 eth, roughly $6,000 USD or about 50x the price of a real Nike shoe! One reason people are so excited » you can change the style or “skin” of you sneakers by acquiring different “skin vials” 🐍 👟
RTFKT, together with Nike CryptoKicks, introduce the future of Sneakers, powered by Skin Vial tech Welcome to 2052 : 🌐👟🧪Stripe announced a new crypto payment product for Twitter, allowing Content Creators to take their earnings in crypto. Twitter’s monetization product currently uses Connect to payout content-creators their earnings, and now it will be expanding that service to allow creators the option to take their earnings in crypto paid directly to their crypto wallet.
AMC Theaters is NOW accepting cryptocurrency via their mobile app. Seems like Dog-Money is finally here 😂 👇🏾
A group of about 6,000 crypto investors known as CityDAO bought 40 acres of land in Wyoming. Here comes the concept of The Network State: “a country you can start from your computer, a state that recruits like a startup, a nation built from the internet rather than disrupted by it” —Balaji Srinivasan
Crypto Market Round-Up
The Crypto market is currently down 3%, yet it is still valued at around $1.75 trillion — roughly the size of Google.
For context, here is the time it took each one to hit one trillion market cap:
Google — 21 years
~TWENTY% of adults, and 36% of millennials in America, now say they own cryptocurrency, according to a Feb. 2022 survey by Morning Consult.
Multi-Million NFT-Heist » Bored Ape Yacht Club Instagram Hacked
The worlds most recognized NFT collection, Bored Ape Yacht Club, drop’d a Tweet on Monday that their Instagram account had been hacked, resulting in a multi-million dollar NFT-heist.
Within the space of a few hours, more than 134 NFT — worth tens of millions — were stolen in a phishing scam that attacked members of the BAYC.
The hackers advertised a fake “air-drop” of FREE NFTs, which members only needed to click on a link and connect their Metamask Wallet. However, once members clicked on the malicious link, it gave hackers 100% control of their MetaMask wallets and access to their prized NFT collection.
💸 🤢
The fun Lexicon of Crypto-Memeology
GM = Good Morning. A mandatory “roll-call” used to address all your Twitter peasants
Floor = Minimum cost for a NFT collection
Rug Pull = when developers of a pinky-promise-protocol (like SafeMoon) secretly make mega-millions then ghost the project after promising you the moon 🚀 🌚
PFP = Picture for Proof or Profile Picture. The new status game
Noobs == Newbs or Newbies
DAO = Decentralized Autonomous Organization. Basically it’s an digital flash mob with cryptocurrency for the purpose of moving atoms in the physical world.. Like buying the Constitution or purchasing land in Wyoming.
WAGMI = We All Gonna Make It. The Slogan of the Crypto Economy
DISCLAIMER
THE VIEWS AND OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATIONAL PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT, OR OTHER ADVICE. BLAH, BLAH, BLAH, BLAH…