Daily Crypto NewsEDITION #634, 16 November 2022

Digest about Ethereum Foundation and FTX hacker

Hey Moni Maker 👾

Today they celebrate National FastFood Day in some countries. We can’t make any suggestions on your diet, ofc, you can eat pizza or skip it. But we’d like to notice your stomach is much more intelligent than your brain. Why?

Because your stomach can vomit, but your brain can’t. So please always bear in mind what content you “eat”. 

Let’s go! 

Seems like. But let’s refresh your skull. Right after the bankruptcy announcement, $663 million was drained from FTX. As analytical firm Elliptic states, $477 million was stolen. Yup, the hacker stole them in different coins and then swapped them to Ethereum. 

This scheme made this hacker the 35th whale in the $ETH hodler list. 

– Is Ethereum Foundation postponed unstaking?  

The Twitter streets are not full of FUD but kick Ethereum. They blame Ethereum devs and shillers for inviting the followers to stake Ethereum and get the ability to unstake it in 6 months after the Merge, but suddenly plans changed. Now the date for unstaking can be postponed to 2024. 

Hm, yes, we should always listen and read carefully. The narrative “at least six months” means even ten years of waiting to unstake is ok too. 

The market is crashing; everyone is crying…but 1inch is growling and rolling the new update out. It’s Router v5. Why? What? Who? Let’s dive into it! 

What is a 1inch Aggregation Router? It’s a mechanism that serves you as a fee minimisation. Yes, it finds the best solutions when you wanna swap your beloved SHIB for ETH. 

So what? What? Now it has been merged with 1inch Limit Order to degrade the gas. 

All of that, plus the upgraded system of smart contracts’ errors processing, let 1inch degrade fees by 4-6% compared to the previous version. And by 26% compared to other DEX’s. 

Cool? Yup! Check more via this link.

A meta-universe (or metaverse) is a virtual space where people can use their avatars to communicate, meet, work, argue, and so on. At the moment, the most famous metaverses are SandBox and OtherSide.

And more you can find in our Glossary!  

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