Daily Crypto NewsEDITION #400, 03 February 2022

The worm ate the wormhole

Hey Moni Maker 🔏

Today, in 1933, the Mondovi Laboratory was inaugurated in Cambridge. They were studying magnetic fields. In general, it's interesting how it used to be - if you want to open something, you have to go somewhere, drag yourself somewhere... the metaverse solves that problem! Scientists can sit down and chat over the internet. 

Digest for Science! Let's go!

Wormhole is a protocol that allows users to move their tokens and NFTs between Solana and Ethereum. Yesterday, the guys confirmed that it suffered an exploit for 120,000 Ethereum = $320 000 000.

The team tweeted that the bug has been fixed, and the protocol will be back up and running soon.

Wormhole is a strange naming... Btw, we wish all the best to the team! Shit happens.  

Anyway, the Moni guys...oh yeah, that's us, lol. 

Anyway, we've been tweaking the product here. Recently we've added manual portfolios, and now we've made a guide on them. 

The manual portfolio will allow you to add assets from any networks and exchanges manually. Choose an avatar name, and create any portfolio you want! 

Questions? Drop by the Discord 

And read the guide here

Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project, Diem, was “wasted effort and time” and that it should have focused its efforts on “making Bitcoin more accessible for everyone.”

MicroStrategy CEO Michael Saylor interviewed Dorsey on Tuesday at his company’s Bitcoin for Corporations 2022 conference about how corporations could integrate and use Bitcoin (BTC).

IDO (Initial DEX Offering) is a fundraising event that is conducted in decentralised fashion. Usually startups raise funds and after that adding liquidity to DEX pool, for example on Uniswap or SushiSwap.

And more you can find in our Glossary!

HA-HA-HA!MEME OF THE DAY

And you...buy Bitcoin! (it's a good time!)