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- 8# The Ape Board - 16th February 2022
8# The Ape Board - 16th February 2022
Curated feed sharing Alpha, events and insights into the crypto economy...
Let’s start off with some macro numbers to see how the market’s been doing.
Markets are down after a bit of a pump.
The global #crypto market cap today is $1.14T, a -2.26% change in the last 24h.
Total trading volume in the last 24h is at $101.5B.
#BTC dominance is at 40.36% and #ETH - 17.60%.17.02.2023 2:12:34 (UTC)
#DeFi#NFT#BSC#Tether#AVAX#XRP#TRX#Solana
— СryptoBubblesDaily (@cryptobubbles24)
2:14 AM • Feb 17, 2023
Volatility continues to remain low.
The Crypto Volatility Index is at 58.06 📊
The CVI ranges between 0-200
0-85 ≈ Low volatility
85-105 ≈ Medium volatility
105-200 ≈ High volatility
Trade #volatility (CVOL):
Platform 👉🏻 cvi.finance
Sushiswap 👉🏻 sushi.com/swap?token0=0x…@official_CVI
$CVOL $GOVI— CVI Daily (@CVIdaily)
8:51 AM • Feb 16, 2023
A fundamental de-fi lesson: the difference between APR and APY
APR vs APY : What's the difference?
A short 🧵 on the important distinction every DeFi user should know 💯
— 0xt1mfv (@pt1mfv_)
5:21 PM • Feb 16, 2023
A recap of all the major narratives that came out this year.
CRYPTO IS BACK, A THREAD
If you haven't been following the latest crypto pump, here's your chance to get caught up.
Below:
• A review of the narratives you've missed
• A recap of the ones you haven'tKeep reading:
— Jack Niewold 🫡 (@JackNiewold)
10:18 PM • Feb 16, 2023
On the evolution of Bitcoin Ordinal NFTs
How Ordinals are evolving differently than Ethereum NFTs:
🐒→ 🏃♂️
— dotta (@dotta)
10:56 PM • Feb 16, 2023
Platypus, a de-fi protocol on AVAX was exploited.
Dear Community,
We regret to inform you that our protocol was hacked recently, and the attacker took advantage of a flaw in our USP solvency check mechanism. They used a flashloan to exploit a logic error in the USP solvency check mechanism in the contract holding the collateral.— Platypus 🔺 (🦆+🦦+🦫) (@Platypusdefi)
1:42 AM • Feb 17, 2023
A thread breaking down the hack
The @Platypusdefi defi protocol was hacked for 8.5 million dollars (plus another 33 million $USP) today.
Here's a simple step-by-step overview of how the hack happened and how the placement of 4 lines of code could've prevented the entire exploit 🧵:
— cygaar (@0xCygaar)
4:11 AM • Feb 17, 2023
ZachXBT tracked down the guy. Another win for CT.
Hi @retlqw since you deactivated your account after I messaged you.
I've traced addresses back to your account from the @Platypusdefi exploit and I am in touch with their team and exchanges.
We’d like to negotiate returning of the funds before we engage with law enforcement.
— ZachXBT (@zachxbt)
4:12 AM • Feb 17, 2023
On what’s up with FTM
A lot has changed for the Fantom Opera network and the ecosystem built on top of it since the parabolic run in 2021.
Let's take a look at what they have built in the bear market, the current narratives, and all the opportunities in the $FTM ecosystem going forward.
Thread👇
— Route 2 FI (@Route2FI)
4:29 PM • Feb 16, 2023
Reddit NFTs the next big thing?
More than 1M users on Reddit are using NFTs as PFPs, some of them have not even realised that these are NFTs as Reddit called them digital collectibles at the first place. Similarly you will use NFTs in near future without even realising that you are using them.
— hkm.eth (@hmalviya9)
11:52 AM • Feb 16, 2023
Money continues to flow into the Arbitrum ecosystem.
ZKsync main-net launched!
The wait is over.
All aboard zkSync Era∎ Mainnet!
Today, Ethereum's first zkEVM is:
• Opening mainnet to builders 🥳
• Adopting a brand new name 🎈
• Open-sourcing its entire codebase 🎆blog.matter-labs.io/8b8964ba7c59
1/8
— zkSync ∎ (@zksync)
3:01 PM • Feb 16, 2023
This happened with $TRU after the Binance minting Tusd speculation
$TRU, the TrueFi token, rose over 200% today!
1)
In the background of this rise, there is an analysis that speculative buying has been added as traders speculate that
“TUSD may play a bigger role in Binance trading after Paxos stopped issuing BUSD.”
— Praxis Research (@Praxis_onchain)
5:40 AM • Feb 17, 2023
$MAGIC makes it’s way to the top 100.
$MAGIC is top 100 EEEEEEEEEE ✨🚀
— Smol Preeminent (Mike Lau) (@mikelauofficial)
4:06 AM • Feb 17, 2023
A great thread on centralization explained through the anecdote of cabs in Manhattan
1/ On Taxis
Or how the world is centralizing all around you, but why you, fellow citizen, have probably not thought about it at all.
(NYC, 2007 below)
— 6529 (@punk6529)
7:17 PM • Feb 16, 2023
And some under $50M gems to cap it all off. NFA.
It’s well known that projects launching and performing in the bear market will crush the next bull market.
Let me present 10 of the strongest projects I found in this bear market 🥂
(Under $50M market cap)
— Louround 🥂 (@Louround_)
7:08 PM • Feb 16, 2023
Stay alive in the markets, anon! Will see you tomorrow.
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