TLDR Crypto 2022-07-15

Uniswap's UNI token surged nearly 20% after Robinhood added the token to its platform. UNI boasts a market capitalization of about $4.7 billion. Robinhood now offers a total of 13 crypto assets.

OpenSea is laying off around 20% of its employees. The company notified affected employees directly in person before announcing the layoffs. It provided generous severance, healthcare for the rest of the year, job placement assistance, and accelerated equity vesting for laid-off employees. OpenSea has had a string of recent issues that have affected its business on top of the plummeting prices of crypto and many NFTs.

Ankr has introduced its Ankr Network 2.0 upgrade. The upgrade is aimed at transitioning blockchains into more resilient node networks. It enables the option to run an independent node, the ability to stake ANKR tokens on full nodes, and the Ankr DAO. An increase in the number of nodes and decentralization will help to eliminate single points of failure in the node infrastructure. It will also increase the network's ability to handle higher Remote Procedure Call request volumes and prevent failed requests. More details about what's in the new update are available in the article.

Farcaster is a project from a former Coinbase executive that seeks to merge social media with blockchain technology. It recently secured funding in a round led by Andreessen Horowitz. The network will allow anyone to connect with their Ethereum wallets, publish messages, and display NFTs as profile pictures. Users will be free to move their profiles across applications on the platform.

The StarkNet token will be used as a fee token, but automated and decentralized on-chain mechanisms will still be able to pay fees in ETH. It will be inflationary to prevent Bitcoin's fix-cap problem. A portion of fees and newly minted tokens will be continuously distributed to devs and operators. Some past users of permissioned StarkEx L2 systems, including dYdX, Immutable, DeversiFiLabs, and Sorare, will receive an airdrop.

Flow is a protocol by Dapper Labs that aims to onboard mainstream users through the next generation of game, app, and digital asset developers. It features a multi-role architecture, resource-oriented programming, developer ergonomics, ease of consumer onboarding, low fees, and a storage deposit for creating accounts. This article introduces Flow and talks about how to participate in the network, the risks and rewards of participation, governance, and running Flow on Coinbase Cloud.

This article discusses how DAOs are more than just new forms of incorporation. It defines several fundamental legal categories and compares them with DAOs to show the deep incompatibility of legal constructs and DAOs. The article examines ways that DAOs can leverage legal tools without being ruled by them. Decentralization and DAOs are the best weapons against authoritarian forces bent on the elimination of privacy and freedom.

A network state is a social network with the capacity for collective action that crowdfunds territories and eventually gains diplomatic recognition from pre-existing states. Balaji Srinivasan recently released a new book describing his vision for network states. This article contains Vitalik Buterin's thoughts on the book and network states. It discusses whether network states are worth getting excited about, whether they should be tied together with blockchains and cryptocurrency, and what this vision of the world might be missing.

Plaid can now show information such as balances, transactions, and assets held from the three exchanges.

Funds from wallets belonging to government-sanctioned groups and criminal activity have almost doubled.

Coinbase is now likely out of the top 10 crypto exchanges based on average dollar volume.

Imagine the impact on NFTs if ETH wasn't burned but instead was preserved as liquidity for the ecosystem.

A shadow fork is a smaller test fork that focuses on one or two small changes.