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Advantage Blockchain Newsletter · Aug 9, 2021

Crypto Weekly #3

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Advantage Blockchain · Advantage Blockchain Newsletter

On August 5, 2021 around 8:00 AM CT, Ethereum Block 12,965,000, the London Update was successfully merged to Ethereum Mainnet.

Bankless Livestream:

Stats & Analytics:

Dune Analytics Dashboard BASEFEE & Burn

Ethereum Block #12,966,172- Burned 11.81 ETH

ETH Burn Sites:

Watch The Burn

ETH Burned

EtherChain

UltraSound Money

From my understanding there are three routes this will probably end. The original wording which is fairly broad and considers most crypto participants a “broker”, the Wyden-Lummis-Toomey Amendment which helps collect tax revenue but doesn’t pick winners of technology, or the Warner-Portman-Sinema Amendment that excludes PoW Miners from being considered “brokers” and picks sides.

Call Your Senator!

X avatar for @adamscochran

Adam Cochran@adamscochran

Ooof. If you are an American who hasn’t called your Senator yet, then this is it. Seems we are losing steam against other pressures (passing the bil) and could get stuck with the original language. This is a now or never moment. Let them know this is worth fighting for.

X avatar for @jchervinsky

Jake Chervinsky @jchervinsky

@BullyEsq @NeerajKA Discussions re: a compromise amendment are ongoing. The broader politics & process around passing the bill are starting to predominate, though. It's possible no amendments will be proposed at all, which means we'll be stuck with the current language. https://t.co/cweKg99PMf

8:59 PM · Aug 8, 2021

62 Reposts · 216 Likes

Percent Change (Rounded) Based on Last Monday (9:30 AM ET)

Bitcoin- $45,824 (+15%)

Ether- $3,135 (+23%)

DeFi Pulse Index- $372 (+15%)

Gold- $1728 (-5%)

S&P500- 4,437 (+1%)

DJI- 35,229 (UNCH)

NASDAQ- 14,855 (+1%)

NYSE- 16,748 (+1%)

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  2. Sense Finance Raises $5.2M Adding New Layer To DeFi, Sense Medium

  3. Derivatives Platform dYdX Launching Governance Token, dYdX Blog

  4. SEC Hits Crypto Exchange Poloniex with $10M Fine, The Block Crypto

  5. Platform For Renting CryptoPunks

    X avatar for @ljxie

    Linda Xie@ljxie

    More people are going to start renting CryptoPunks to display as their profile pic for social signaling. Found out cryptopunk.rent exists where owners can sign a transaction giving the borrower rights to display the CryptoPunk as their avatar for a fixed number of days

    5:50 AM · Aug 3, 2021

    127 Reposts · 747 Likes

EIP-1559 Resources:

Zapper Learn: Everything You Need To Know About EIP-1559

X avatar for @DezBryant

Dez Bryant@DezBryant

Dez”ETH”Bryant

11:00 PM · Aug 2, 2021

141 Reposts · 1.42K Likes

Join Argent’s L2 waitlist to win up to $270k in crypto prizes. Argent is one of the top tier mobile smart contract wallets built on top of Ethereum. No seed phrase, guardians, transfer limits, and much more built in to protect users.

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