- The launch of ETH2.0 was pushed back again, for the third time in the seven or so months we’ve been writing this newsletter. Adding insult, its post-merge staking rewards are also now being reported to be far lower than anticipated. There’s an old saying on web3. Fool me once, shame on you. Fool me – but at least you didn’t phish me for my life’s savings, so go ahead and fool me again.
- The EU voted to pass a draft of policy criminalizing anonymous cryptocurrency transactions, and requiring any user of the technology to disclose their identity to the government. It’s basically the classic anarcho capitalist straw man made into a real boy, so crypto firms are naturally flush with alarm and vindication. Meanwhile, Andre Croje — the guy who rugpulled 20+ tokens and walked away with a cool $1B in hand — is bullish on it, which is how you know it’s legit.
