TLDR CRYPTO 2023-05-24

FORMER INSIDERS SAY

BACKLASH

METAPLEX ADDING FEES TO ITS PROTOCOL

MAINNET ROLLOUT

AN UPDATE ON TOKENIZED SECURITIES

Tokenized securities, digital versions of traditional assets like T-bills, ETFs, or stocks, are gaining traction with a market cap of over $220 million, facilitated largely by platforms like Ondo and Matrixdock. They offer a way to invest in low-risk traditional financial instruments using crypto assets like USDC, attracting on-chain treasury capital. Most tokenized assets are issued on Ethereum due to its large capital base. While the process of investing in these assets is not as efficient as the TradFi system yet, it’s easy to envision infrastructure being developed that will make it orders of magnitude more efficient in the future.

IDENTITY FIRST, APPS SECOND: BEYOND GATED WEB 2 PLATFORMS

THE NOT-SO-SUBTLE ART OF THE MEME COIN

BLOCKCHAIN CAPITAL MULLS EMERGING CRYPTO HUB MOVE AMID US CRACKDOWN

A BALANCED TAKE ON FTX 2.0 BY WASSIELAWYER

The future form of the failed FTX exchange, dubbed "FTX 2.0", has been hotly contested. Possible outcomes include reopening for claim trading, a complete restart by a new operator, or selling the customer list to another exchange. It seems like some form of FTX 2.0 makes sense as a logical step forward, as opposed to complete liquidation.

DASH BLOCKCHAIN HALTED AFTER FAILED HARD FORK

IPFS

Vitalik Buterin uploaded a pre-crypto real-time strategy game from 2011 called Slasha to IPFS for users to enjoy.