πŸ’ͺ Your Sunday Catch Up

A mixed week of Optimism, exploits, and some good news for Voyager Digital users.In case you missed it, here's your Sunday Catch Up.

In The Recap Today:

  • Chart of the Week USDT.D

  • The Week in Snippets

  • DeFi Fridays with the team

  • The Rest of the Internet

  • Alpha on the bloc

An important chart that should be part of your broader macro analysis. It is a good indication of how bullish/bearish investors are. We can see that over the last 5 weeks the investors have been, in the short term, unloading their stables back into the market. However, the chart is still in an uptrend, and taking profits is always a smart way to play.

Weekly USDT Dominance chart | image Trading View

Voyager Digital withdrawals from Aug 11 as Voyager Digital "gained court approval that will allow customers to withdraw funds from FBO accounts at the Metropolitan Commercial Bank."SLOPE'y Solana as the SLOPE wallet is has $4m of funds taken from almost 10,000 wallets as the private keys were compromised by "inadvertently being transmitted to an application monitoring service."Catastrophy for NomadXYZ with a $150m drain from their bridge. However the ethical hackers have so far returned $9m and up to $22m in funds returned. Nomad offers a 10% bounty to White Hat Hackers to return stolen funds.Optimistic Optimism as it continues to pump as users flood to $AAVE as they launch additional $OP pools and launched a "Euro pegged stablecoin in the form of $agEUR."Chainlink price feeds come to $METIS. A huge update for the MetisDao ecosystem. Giving users and developers access to high-quality data, secure node operators, transparency, and much more. Good timings as we have just written this in-depth article on MetisDao.

We cover this week's news in full whilst dropping the alpha on what's coming including an interesting-looking protocol called Entangle.

Michael Saylor STEPS DOWN | Solana Wallet Hack | Chainlink lands on Metis | Entangle Protocol

Market recap SPX and NDX dip to finish the week whilst the labour market beat estimates, the unemployment rate dropped and wage growth increased beating expectations. It's a No for Bezos as Dutch city officials decided NOT to dismantle a historic bridge to allow his $500m 417-foot super yacht easy access. Sorry Bezos, not this time buddy.Super the new Meta as Meta ramp up there efforts for the up and coming live streaming platform called Super, Business Insider reports. A platform where influencers using it can earn money and interact with their audience.Milk with that? The coffee giant Starbucks are set to introduce NFT's as they look to incorporate Web3 into their rewards initiatives. Keep an eye on your Starbucks app next month as the update is set to live.Twitter Bug fixed as it exposed over 5.4m users. Now its time to get rid of all of the bots, larp posters and make Twitter stories a real thing!

These are on our watch list for this coming week and remember to do your own research: $JONES, $VSPA, $MAGIC and the $METIS ecosystem $HUM, $HERMES, and $HERA. If you watched the latest Friday podcast on YouTube, you'll have noticed we mentioned Entangle Protocol which is worth a DYOR moment.

The Latest Podcast, Michael Saylor STEPS DOWN | Solana Wallet Hack | Chainlink lands on Metis | Entangle Protocol Spotify | YoutubeA Useful Read, What is Metis DAO and The METIS Token?The Latest Tweet, What is $GMX? What is $GLP? and the real potential upside to GMX_IO? Check out blocmates tweet here.The Ape Enclosure, Need help funding a project? Well, we've got you covered. If you've got a good idea then send us an email at [email protected] or reach out on Twitter.

That's your Sunday Catch Up,blocmates over and out

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