Crypto528 Market Update by Mark Magliocco as at 7 August 2022 (CBP 350) | 7 August 2022
This is the 1st crypto market update by the team at Crypto528, a web3 startup that is building a Crypto DAO Republik. This market update was provided by Crypto528 co-founder, Mark Magliocco.
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The key items discussed during this update included:
1st | The Nomad Bridge hack with links to several articles mentioned during the episode:
Nomad Cross-Chain Bridge hack (Bitcoin.com, 3 August 2022) | https://bit.ly/3zHnLni
Ronin Network Hack (BBC News, 30 March 2022) | https://bbc.in/3P1cR1z
Poly Network Attack (CNBC, 17 August 2021) | https://cnb.cx/3Q9Ig31
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2nd | Layoffs at Coinbase. Some relevant links related to Coinbase, specifically, and layoffs across various crypto companies:
Coinbase Layoffs (NY Times, 5 August 2022) | https://nyti.ms/3p4O3uZ|
Crypto Layoffs (Coindesk, 1 August 2022) | https://bit.ly/3diKNcU
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3rd | Bitcoin technical trading analysis. Mark provided a brief summary of the technical trading analysis available for free from Yahoo Finance. This summary focused on Bitcoin but similar analysis can be performed for many of the other crypto currencies.
Yahoo Finance | https://yhoo.it/3zHl1q0
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To learn more about Mark Magliocco and the Crypto528 team, click on one or more of the following links:
Mark Magliocco on LinkedIn | https://www.linkedin.com/in/mark-magliocco-51185b69/
Crypto528
Website | https://crypto528.com
LinkedIn | https://www.linkedin.com/company/84091402
Twitter | @crypto528DAO
Instagram | @crypto528DAO
Facebook | @crypto528DAO
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