NFT Market Woes and CertiK’s Epic Fail
GM, crypto fam ☕️
Rise and grind. Monday is here, and it’s time to get that coffee!
Let’s fuel up with a fresh cup of crypto-infused Java and stay woke with blockchain as we tackle the week ahead.
Time to sip some GOATish goodness!
The Bearish NFT Market: A Lesson in Perseverance
NFT NYC 2023 just wrapped up, and Proof CEO Kevin Rose dished out Moonbirds mission amidst the NFT bear market.
Rose explained the company’s renewed focus on digital art, artists, and collectors.
Despite the turbulence, he’s bullish on the future. Silver Lining: The NFT bear market has affected everyone, but Rose believes that those who stick it out in the NFT space will shape the industry for the next decade.
Keep on building, you creative beasts! In crypto, you either ride the wave or drown in it.
Choose wisely, my friends.
CertiK’s Blunder: A Cautionary Tale for DeFi Security
The Unthinkable: Merlin, a DeFi project, loses $1.82M after rogue developers exploited a vulnerability in the code. Ouch!
What’s shocking? CertiK, a security firm, audited their code and missed the vulnerability that led to the heist.
The Fallout: This debacle raises questions about the efficacy of AI-based smart contract audits. And guess what? Merlin isn’t the only one with issues post-CertiK audit — Akropolis and Saddle Finance faced similar fates.
Noob CertiK! SIMP!
Quick Bites: Crypto Snacks to Keep You Goin🍿
- JPMorgan acquires First Republic Bank ($FRC)
- Justin Sun caught in Binance Launchpool Sui token scandal, later apologizes
- Mastercard partners with Polygon, Solana, Ava, and more to launch Crypto Credential system
If you’re loving these crypto shenanigans, don’t be selfish — share the wealth 🧡
Send this goatish news to your pals, and let’s grow the crypto goat herd together.
Just a friendly reminder, always DYOR and stay HODLing on, dear goats! And remember, NFA, but WAGMI 💎
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