Two 15-year olds from Irelands built an AI model predicting crypto gains. Crypto whales are already excited for their crypto gains at the expense of anyone using this model.
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Coinbase is getting into the derivatives game by acquiring a CFTC-regulated derivatives exchange, FairX. Already there is one big buyer of the long option: the IRS.
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New NFT platform, LooksRare is overtaking OpenSea trading volume in part thanks to wash trading since users expect to get more in LOOKS/WETH drops than the cost of trading fees. Remembering what Sushiswap did to Uniswap, this actually looks pretty normal. Wonder, though, if OpenSea pulls a RARI move by dropping its own token and not giving it to anyone who traded on LooksRare (or gives them less). No punchline here — just curious.
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Apparel company The Gap is issuing NFTs on the Tezos blockchain, once again failing to keep up with fashion by a decade.
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Jack Dorsey has created a legal fund to help crypto developers. The lawyers will be limited to 280 characters in their brief and must begin it with “gm.”
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And that’s it for this dose of crypto noncense. If you liked it, please subscribe and tell your friends. More noncense soon.
