Daily Crypto NewsEDITION #562, 05 August

The tale of how the kid outplayed Solana TVL

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Hey Moni Maker 🖊

Today, in 1905, Belgium declared Sunday a day off. Well, we are crypto cats, and we know neither sleep nor rest. For us, weekends are days when we can just work less. Why? No, it's not because we're workaholics or because we're not trying to hide from our problems at work. We just really love what we do.

Let’s go!

(YES, ABOUT SOLANA TVL)

How the kid outplayed EVERYONE 

The telegram bazaars are all over the place now discussing an outplaying from a certain character named Ian. Although...he has had many names. Let's briefly look at this show's timeline in a few tacts. 

Tact #1. Characters: Ian and his brother Dylan. They created a network of DeFi-protocols that pumped Solana TVL x6 in November 2021. The brothers used the layering effect to pump TVL growth in the Saber, Cashio and Sunny projects. 

The protocols overlapped, and one dollar could be counted for several at once. 

Tact #2. But that's not all. Ian and his brother had 11 personalities. And they all inhabited the Ship Capital community. That is, they made 11 different Twitter accounts with different kinds of projects, but in reality, behind these 11 were Ian and the brother. They communicated with each other, promoted each other's projects, and so on. 

Tact #3. Apparently, the brothers are now migrating to Aptos. 

Read more about projects and schemes on CoinDesk. 

p.s. What if CZ is Armstrong, and Armstrong is Sam, and Sam is Hayes, and Hayes is Elon Musk, and Elon Musk is...? 

CHECK THE WEBSITE

Wanna some more? 

– Cryptocurrencies ATMs back in Japan after a 4-year hiatus

– Cryptocurrency trading platform Robinhood fined $30 million in New York

– Former Coinbase product manager refuses to plead guilty

– More than 21,000 people have signed a petition to fire SEC Chairman Gary Gansler

LEARN, LEARN, LEARN!

GLOSSARY WORD

Shiller is a well-known person in the cryptocurrency world who advertises tokens or a project.

And more you can find in our Glossary!

HA-HA-HA!

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