19 Hours and 20 Minutes 🥵
In today's edition: ❌ Solana has issues again, 📄 new poll results from Coinbase, 📈Lido's historic inflows, and more!
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How to Set up a DAO
by Siddhant Kejriwal
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On the Podcast…
What’s Poppin’?
by Samyuktha Sriram
Solana Attempts Two Chain Restarts After Near 20-Hour Outage
Solana is back online after two chain restart attempts and several hours of downtime this weekend, the root cause of which remains unknown.
Lido Activates Staking Rate Limit After 150K ETH Daily Inflows
Teaser: A 150,000 ETH deposit from Tron founder Justin Sun triggered an unlikely safety measure on liquid staking protocol Lido Finance.
Goerli Testnet ETH Is Now Being Monetized
Developers have criticized LayerZero’s marketplace for testnet ETH tokens, calling it harmful for those building on Goerli.
Voyager Sold $100M in Assets Through Coinbase: Report
Bankrupt crypto lender Voyager appears to have sold 23 different crypto tokens through crypto exchange Coinbase this month.
In Other News…✍️✍️✍️
Oasis, a DeFi platform, returned assets tied to last year’s $140 million hack of the Wormhole bridge to an authorized third party following a court order from the High Court of England and Wales.
Coinbase announced poll results showing that 20% of Americans own crypto, and a "significant investment in an education campaign" to increase understanding of crypto's role in a fairer financial system.
Sam Bankman-Fried's lawyers asked for more time to negotiate his bail terms and find a technical expert to educate the court.
Prominent crypto funds are investing in Stacks Network tokens as they bet on Bitcoin's growth, with STX seeing a 23% jump in the past 24 hours and 50% surge over the past seven days, bringing its market cap to over $1.2 billion.
CoinFLEX gave Blockchain.com a deadline of March 7th to confirm the return of $4.3 million worth of FLEX coins, which it claims were lent to the financial services company last year, or face legal proceedings.
Two people suspected to be behind the $9.1 million Platypus Finance hack were arrested by the French National Police with the help of Platypus, Binance, ZachXBT and BlockSec.
A federal judge dismissed a class-action lawsuit alleging $8 million in losses suffered by investors on Maker, due to misrepresentation of risks by Maker-related entities.
The $$$ Corner…
Arbitrum-based on-chain asset management platform Factor garnered $7.6 million in a token offering.
What Do You Meme?
📈 Your Market Update 📉
BTC is up .04%, trading at $23,393
ETH is up 1.58%, trading at $1,637
BTC dominance: 40.46%
Crypto market cap: $1.12 trillion
*All data as of today, 5 am ET
Recommended Reads
CoinDesk: Sam Bankman-Fried Cosplayed as a Genius. The Facts Reveal His Incredible Stupidity
Cuy Sheffield, head of crypto at Visa, on stablecoin adoption:
Jordi Baylina on the limitations of zk and optimistic rollups:
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