The “Blockchain Solves That” winner this week: the humans behind “Digital Berkshares” who seek to enable a self-sufficient local economy in Western Mass. (Politico)
Brevan Howard Asset Management became one of the largest crypto hedge funds ever at launch raising over $1 Billion from institutional investors. (Blockworks)
Optimism, an Ethereum L2, saw its Total Value Locked (TVL) surpass $1 Billion for the first time. The top 3 DeFi apps by TVL on Optimism as of this post are Aave, Synthetix, and Velodrome. (DefiLlama)
New job listings with “metaverse” in the title saw an 81% drop between the months of April and June this year, according to Bloomberg, outpacing a similar trend seen across the tech industry. But wait hasn’t the crypto hive mind settled on the term “web3” over “metaverse” in recent months? (Bloomberg)
With the Ethereum merge fast approaching, cryptosphere debate over the future of Proof-of-Work (PoW) Ethereum post-merge is heating up. Justin Sun voices support for a PoW fork. (Coindesk) Others offer a decidedly different take. (Blockworks)
So you know the Merge, but have you met the Surge, the Verge, the Purge, and the Splurge? (Twitter)
And finally, we would be remiss not to thank the architect of the Merge/Surge/Verge/Purge/Splurge for his insightful marketing advice for our team here at Bittrex. Thanks Vitalik – send us an invoice for services rendered, friend! (Twitter)
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