Daily Crypto NewsEDITION #571, 18 August 2022

Hands off Decentralization! (#FreeAlex)

Hey Moni Maker 🌪

Today, in 293 B.C., the oldest known temple in honour of the goddess Venus was founded. As we've written many times, people love symbols, signs and all that sort of thing. And can we be blamed for that? We come from nowhere and go nowhere. And everyone tries to fill the meaning of their lives with at least something. Governments, sects or other organizations zealously assist some. And one of the primary skills in this life is understanding what you want and what others want from you.
 

Let’s go!

For most people, Pertsev's arrest went by the wayside. "Oh yes, I've heard about him; he's a Tornado Case dev...I know Tornado was involved in the money-laundering cases, so what?" - such a mindset is bullshit. And now we'll tell you why. 

- Alexey Pertsev has been accused of developing the open-source code used in Tornado Cash. 

- It's full of shit. Because the developer is not responsible for how his code is used. We have tons of examples where open-source has kickstarted cool projects: Linux, Firefox, VLC Media Player, and many others. 

- If it goes further, we can forget about open-source forever. And in simple words, it will slow down much of the development of the crypto and IT sector. 

But what can I do? 

- Share this post with all your friends, enemies, cats, and acquaintances

- Sign the petition for Alexey's release - click

 - Help via gitcoin - click

- Join the TG chat dedicated to Alexey's release - click

- If you are in Amsterdam, you can go to the rally on Saturday at 16:00 local time - click

p.s. Buterin joins us and posted a link to the petition on Twitter

#FreeAlex

Gem City! It's been a while since we've had a Battle of the Portfolios in our glorious city! And today...today, in cooperation with Aurora, we're happy to announce the start of a new Portfolios' Battle. 

The timing of the Battle: 

Beginning: right now! 

End of registration: August 24, 14:00 UTC

End of Battle: August 31, 14:00 UTC

Prize pool: $1500. Prizes will be given to the first and last places and the best portfolio descriptions. And also to three random participants. Let's see, what kind of investor are you? :) 

- Check the text guide to the Battle here 

See you, Gem Hunter.  

Press: Europe wants taxes. Instagram wants jpegs. Interesting NFT collections. Digest is an aesthete! 

Read this digest on the website, or right in the Moni App! 

Bear Market — is the time when the crypto market is in stagnation or even falls. Antonym — bull market (or bullrun).

And more you can find in our Glossary!

– India's finance minister warns of impending investigations and inspections of crypto-exchanges

– How successful was Axie Infinity's land staking - Report

– Elon Musk wants to buy Manchester United

– Google has invested $1.5 billion in blockchain companies over the past 11 months

    ⚽️: Telegram and Twitter! And do not forget to download the Moni App :)