TLDR;
- Celsius down bigly
- OpenSea laying off 20% of their employees
- Best accounts to follow on CT
- Mainnet Merge date?
- Why we deserve the bear market
++ Arthur Hayes macro article
1/ @CelsiusNetwork has a $1.2 billion deficit
Celsius has a $1.2bn hole in its balance sheet, CEO Alex Mashinsky reveals.
$600m of Celsius's assets is its own CEL token
pacer-documents.s3.amazonaws.com/115/312902/126…
2/ @opensea to lay off 20% of its workforce
Today is a hard day for OpenSea, as we’re letting go of ~20% of our team. Here’s the note I shared with our team earlier this morning:
3/ Best accounts to follow on crypto twitter (forgot to add @realrubberjesus) by @mark_murdock3
CT "who should I follow?" starter-kit.
(kept it small, could be 50x bigger)
threadooors:
* @punk6529
* @cburniske
* @adamscochran
* @thedefiedge
* @TaschaLabs
4/ Mainnet Merge predicted to go live around September 19th per @sassal0x
Goerli, the last public testnet to run through the merge transition, should do so around August 11th.
If everything goes well with Goerli, we could see a mainnet merge around the week of September 19th.
The Merge is coming 🐼
5/ We deserve the great bear market
send everything into the negatives. https://t.co/QLOOGMU8ER
Dr. Bombay @TheRealDrBombay
Daily Degen 2022 July 15 🦍📓