Followin Daily (September 20)

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Today's Quote

Bitcoin $27425 – 27119 (-1.11%)

Ethereum $1656 – 1636 (-1.23%)

daily news

- Data: Base Network TVL surpasses zkSync Era , reaching $ 538 million

- Head of U.S. SEC encryption enforcement: SEC has not stopped pursuing exchanges and DeFi projects

- CoinEx attack progress: The loss has exceeded 70 million US dollars, and the damaged users will be fully compensated

- Yuga Labs’ game LoTM will open its first season open beta on September 26

Today's hot spots

Linda Xie 's Scalar Capital stops investing, crypto funds entering tough times?
On September 18, Linda Xie, co-founder and managing director of crypto venture capital firm Scalar Capital, announced on social media

Market related

Data: What is the crypto market like outside of the US?
The United States remains on the sidelines on cryptocurrencies. But the rest of the world can no longer stand by and watch

In-depth articles

Bear Market Nuggets: Practical strategies from DeFi Degen in the Chinese area to press the bottom of the box
Even in a long crypto bear market, it is possible to obtain solid returns. If you have a deep enough understanding of the crypto industry, you can even obtain excess returns by arbitraging one crypto event after another.

Exclusive interview with Celestia : Modularity, Ethereum, and the future of scaling in the crypto world
Nick White, co-founder and COO of Celestia, explains the paradigm changes on the chain

Federal Reserve paper: Tokenization is a new and rapid financial innovation in the crypto market
In a working paper on tokenization by the Federal Reserve on September 8, it was stated that tokenization is a new and rapidly growing financial innovation in the encryption market, analyzed from three perspectives: scale, advantages and risks.

Project Insights

After 17 months, the top NFT artist’s PFP project is finally on sale
After 17 months, Fewos finally stood on the starting line with a stumble. In the face of scandal and the market's indifference to PFP, will Fewos succeed? We'll wait and see

Odaily exclusive interview with Vertu : Luxury brands explore Web3 and have extensive exposure in frontier fields such as ZK and AI
The Web3 mobile phone market is an area that is both familiar and unfamiliar to encryption users. On the one hand, Web3 is closely related to us, but on the other hand, a dedicated Web3 mobile phone is far from popular for us.

LD Capital : Storj short-term funding analysis
The main fundamental update of the project occurred in February this year. From a financial perspective, the team will begin large-scale unlocking in the second half of 2022. The current unlocked currency holdings should exceed 30%. Pay attention to the team’s currency sales.

Twitter threads: a16z early investment, AI and Web3 game project prospects
The investment direction of a16z has attracted much attention. Here are 5 early-stage projects that may explode in the next bull market.

At the end of the third quarter of 2023 , look forward to airdrops in the next 2 years
In the blink of an eye, more than half a year has passed, the market has gradually entered a deep bear, gas has dropped to 7, and even the most active hair-raising party on the chain has been reduced a lot.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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