The TGCm Weekly RunUp

July 6, 2023

AuthorAuthor

Jami & Alan Buxbaum
July 06, 2023

Welcome back to ThinkGrowCryptoMedia! Your Cardano-biased, news media outlet for your blockchain-knowledge needs.

Kicking things off, we have Charles Hoskinson stepping up to the plate to address some pressing concerns about ADA's centralization. In a recent article, he robustly defends ADA, drawing parallels between Cardano's development efforts and those of Bitcoin.

Ethereum's founder, Vitalik Buterin, recently dropped a bombshell - he only stakes a 'small portion' of his Ether (ETH). The culprit? The headache of setting up multisignature wallets.

On the flip side, Cardano's founder, Charles Hoskinson, took to Twitter, surprised at Buterin's staking strategy, and proudly declared that all his Cardano (ADA) is staked. No multisig roadblocks for him!

The takeaway? Cardano's staking process seems to be a much more robust and adaptable one than Ethereum's.

Ok, let’s get into the rest of it👇

 📊 Cardano Ecosystem Stats

🚀 Cardano Headlines

💸 Blockchain Headlines

Well, well, well, FTX, the once-failed crypto company, is reportedly in early talks about rebooting its international exchange.

With regulators worldwide giving the stink eye to crypto exchanges, and FTX still knee-deep in bankruptcy, they're not exactly on a smooth sailing course.

Given that there’s an almost $2 billion hole in its books, is this a bold move or a foolish one?

Only time will tell. In the meantime, read more about it here.

In Other News

📢 Cardano Community Corner

From CIP-1694 infographics to Ouroboros Genesis walkthroughs, the Cardano Community never sleeps! Let’s check in on what the talk of the town has been this week.

🖌 NFT of the Week with Noodz 🍜

Each week, we check in with our resident NFT connoisseur, Noodz. Let’s see what he’s got cookin’ for us…

ELECTRONOODZ is a unique mint commemorating a near-miss lightning strike during a live celebration of the 4th of July and the end of Epoch 421, reminding us of life's unpredictability and the potential for sudden change.

Seriously though, glad you’re still with us Noodz. 🫡

💬 Get in Touch

That's all for now!

Feels a bit brief? Don’t worry, we’re right there with ya!

We’re starting off slow, as our first priority is longevity. We’ll be building out our platform over time.

As they say, slow and steady wins the race!

If you have any feedback or questions, please reach out to us by email or by sending us a DM on Twitter.

Thanks for reading!

Please note that the content provided in this newsletter is intended for informational purposes only and should not be construed as financial, investment, legal, or tax advice. Always consult with a qualified professional for guidance before making any significant decisions.