1/ Our fren Nancy Pelosy touched down in Taiwan. Bit of old-fashioned US vs. China fud, negatively impacting markets: We seem to be over it by now...

2/ The hottest topic in crypto is the upcoming ETH, moving from PoW to PoS in late September. Global mining equipment is worth a whopping $19bn according to @messariCrypto - makes sense why our miner frens aren't too happy.

3/ Key speculations include: - The re-emergence of ETC/ Ethereum Classic - Calls for a hard fork from Kevin @Galois_Capital

4/ @coinbase partnership with @BlackRock - Institutions using Alladin will get access to Bitcoin only initially via CB Prime. The clients of BR manage a cumulative $20trn, wen moon 🚀? Other big players are likely to follow suit, @jpmorgan 👀

5/ Another week, another bridge hack @nomadxyz ☠️ - $200m of funds were stolen. The exploit was easy to copy, and whilst some whitehats joined (c. $19m) many users took advantage of the exploit in the "first decentralized crowd-looting of a 9-figure bridge in history" @0xfoobar

6/ Some strong postmortem by @samczsun can be found here:

7/ And @solana likes to make the news, this week user funds got drained from their wallets, including the widely used @phantom . This was all caused by @slope_finance storing seedphrases undecoded... Over 8k wallets were affected/ $5m exploited

8/ @Tether_to states it holds no Chinese commercial paper and its total exposure has been reduced yet again to $3.7bn looking to zero it out by Oct/Nov 2022. Not everybody seems to believe them...

9/ @LidoFinance , the largest ETH staking service, passed an updated proposal for diversification and agreed to sell 1% (vs the initially proposed 2%) to @dragonfly_cap

10/ @meta reported losses of $2.8B for its metaverse-focused division, Reality Labs whilst announcing that @instagram would support digital collectables aka #nfts in >100 countries

This was my first stab at this. If you like this type of content and would like to see more please like, retweet and share the first post of this 🧵🙏

@Sherv1n_eth 🤝