Dear Elaborately-Designed Persian Wool Rugs,
Clocking in the end of 2023 and what a year it has been! Bitcoin is up ~150% year over year, Ethereum ~90% and Charles Hoskinson is just upset nobody has noticed how much he's stolen yet. A game of many blockchains is emerging and hipsters are moving off Solana to seek a cooler lesser known L1. Jack Dorsey's take on Web5 is "never mind", Smart Money has already rotated in-and-out-of X-mas shitcoins, and Ledger's team has been forced by HR to take at least 2hrs of anti-phishing courses.
Plus, The Rug officially rebranded as Bankless, BINANCE allowed "temporary" money laundering of delisted tokens, and one of the world's largest bitcoin skeptic's was survived by bitcoin.
What will 2024 bring other than more audacious claims by Balaji, quality significant other time plummeting as bitcoin moons, and Brian Armstrong drinking the blood of his enemies so long as regulators permit it.
Saddle up partner, you've made it to the bull market.
SAN FRANCISCO — Jack Dorsey, renowned tech entrepreneur and former CEO of X ( Twitter), has officially called it quits on his much-hyped project, "Web5." The enigmatic venture had been shrouded in secrecy, sparking curiosity and speculation within...[cont. reading]
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LONDON — This November, a new buzz has emerged as astute investors are diverting their attention to an unexpected sector: Christmas shitcoins...[cont. reading]
CARTRIDGE COVE — In an unexpected turn of events, crypto startup Keyp’s much-anticipated “Game Wallet”—which planned to gamify the crypto hardware wallet experience and allow users to store their Bitcoin and Ethereum on a retro, real Game Boy—has been “temporarily” placed back in the cartridge case after... [cont. reading]
PARIS — Ledger announces the launch of Ledger Friends—a brand new product that allows users to send their seed phrase to their two best friends... [cont. reading]
SAN FRANCISCO — Posting to the near-bankrupt ‘X’ platform he bought and still has no idea how to manage, CEO Elon Musk clarified a little-understood term. “‘Zero knowledge’ or ‘zK’ is pretty simple,” Musk began. “It means you can say whatever you want, declare it as fact, and you don’t need to... [cont. reading]
We are just trying to avoid any confusion.
This is just good HR practices.
If you are reading this it's already too late, they've moved agian.
Btw, check out this sofa listing I have on Craig's list.
Another sad tale of a widow left with nothing.
We are all at least 10% curious.
This was tis but a small sampling of X posts over the past month. Subscribe to @therugnews on X for your nearly daily dose of the hardest hitting headlines in Web3
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The Rug Vol. III Issue 1
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