The call for web3 social media got louder this weekend, how on-chain data debunked the WSJ, Epic Games CEO is excited by Zero-Knowledge proofs & much more in our weekly ecosystem recap.
Now, let’s get into it all…🧵
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2 weeks ago, Stani got removed from Twitter.
Yesterday Bankless had their Youtube channel taken down.
Luckily both got reinstated quickly.
But it serves as a reminder of why we need a decentralized social media platform.
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The WSJ claimed that NFTs are dying - suggesting a 92% drop in transaction activity.
But this claim was false, as proven by using on-chain data.
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1/ Current state of the NFT market backed by @nansen_ai
I'll go over general market activity in the first half and NFT category breakdowns in the second.
TLDR: WSJ is wrong and this is a much better read than that article
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The CEO of Epic Games, makers of Fortnite, is excited by zero-knowledge proofs and what they can achieve.
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If you love data, you’ll love this Dune analytics dashboard that provides an overview of Ethereum.
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Couldn't find all of those stats in a single place so here is 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 - 𝐓𝐡𝐞 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 
With historical stats on:
Wallets
Blocks
Transactions
Smart Contracts
Price
& more...
Powered by Dune's V2 Engine
Link
dune.com/hildobby/Ether
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The Merge is one of the most exciting updates to happen to Ethereum.
It’s happening right in front of us, transparently with consistent updates.
Here’s the latest:
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Notes from the Ethereum CLC meeting today
FYI, there were no updates on Merge or difficulty bomb timing. But there were some cool client updates.
First up on the call, devs discussed how the 3rd shadow fork of Ethereum mainnet went.
youtu.be/nnjeqZK7jgU
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During Devconnect last month, one of the most discussed topics was MEV.
MEV is the value that the miner or validator can extract by re-ordering, adding, or censoring transactions, often to take advantage of arbitrage opportunities.
Learn more here:
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"This is kind of the beginning of the cambrian explosion of MEV projects" -@phildaian
11 resources to get you up to speed on MEV
Some Follows:
- @bertcmiller
- @gakonst
- @0xmisaka
- @FrankResearcher
- @mevalphaleak
- @NathanWorsley_
- @tomhschmidt
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Etherescan added a cool new feature - transaction heatmaps.
You can now view any address’s activity over the last year.
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New feature: Transaction Heatmap
Get a one-glance view of an address's activity over the last year 
Head to any Address page
Click on Analytics tab
Select Txn Heatmap
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1) Fuck it. I started a business and NFT project back in January. I thought I was prepared. God was I wrong. Here are the challenges and secrets that a lot of project founders face, but refuse to talk about.
This is a 
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When the market is down, it’s time to learn.
shares this fantastic catalog of articles on various subjects, including crypto and internet subcultures.
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Over the last 2 years I've read probably close to a thousand articles on my favorite topics: human collaboration, tech, crypto, and digital culture.
I didn't get to bookmark all of them, but I did save the links of 475 that have shaped my views on community design. Curious?
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UST lost its $1 peg.
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Seems like this is what happened:
-Massive $UST sell-off on Curve
-Rumors spreading quickly on Twitter
-Leads to a $2B withdrawal of $UST on Anchor
-Price of $LUNA tanks
- $UST depeg to 0.987
-Peg straight up to 0.995 after Do Kwon tweet
-Jump selling assets to buy $UST
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Learn how to be a successful on-chain farmer with this great thread:
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How to make it as a DeFi Investor / Yield Farmer...
15 rules for investors & farmers, visually explained
[1/x] (Mega-
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Finally, our Twitter follow recommendation of the week!
This week, it’s , the founder of The Daily Ape - a free daily newsletter covering everything in crypto.
It’s a favorite within the team - give it a read!
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