Doc's Daily Commentary

Mind Of Mav

What Happened Over The Last Week In Crypto?

  • The week started with a hack. Bacon Protocol was hacked. Reportedly $1M was Lost. The hack was made possible due to a reentrancy bug in the lend() routine so that the hacker can get more lending credits via re-entering the lend() routine.
  • Wu Blockchain posted that Pionex had been attacked. The crypto exchange platform ceased the deposit and withdrawal process for the time being. The maintenance and upgrade of the wallet functions were ongoing.
  • Anton Nell and Andre Cronje say goodbye to Crypto. Anton Nell, the Senior Solutions Architect at Fantom Foundation, stated that he and Andre Cronje will end their contributions to the defi/crypto space. On April 3, 2022, they will discontinue approximately 25 apps and their services.
  • The updates of the Evmos Network was failed. Users of the network were concerned that they may lose all their evmos. The team has said they do not have all the answers for the users yet. 
  • Pionex Coupon

    According to an official blog post from Coinbase, it has blocked “over 25,000 addresses related to Russian individuals or entities. They have taken this step to play their part in these critical economic sanctions, Coinbase implements a multi-layered, global sanctions program and as a result, they have taken a few steps.

  • Binance sets up its own Fiat-to-Crypto payments provider. Binance, the biggest name in the world’s most prominent blockchain ecosystems and cryptocurrency infrastructure providers has named Bifinity its official fiat-to-crypto payment service. 
  • SEC charged two siblings John and JonAtina (Tina) Barksdale. They both were charged with defrauding thousands of retail investors. According to the SEC’s complaint, the Barksdales offered and sold Ormeus Coin to investors on cryptocurrency trading platforms from June 2017 to the present.
  • The Cyprus financial market regulator, CySEC, has approved the European domain of FTX’s platform. Through an unnamed investment entity permitted to operate within the European Economic Area, FTX Europe will offer products and services throughout the European Economic Area.
  • Laura Shin disclosed on Twitter a text questioning Hoskinson’s credibility of even graduating. Ethereum co-founder Hoskinson tweeted in 2018, “I graduated but did not complete a PhD. I will return and finish it after I retire.”
  • Secretary of the Treasury comments on President Biden’s Executive order on digital assets. Soon after that Biden finally issues the Executive order on digital assets. The primary focus of the order lies in national and consumer security. 
  • The online crypto exchange platform, Coinbase has recently sent an email to its users asking to update more personal information. Few users were enraged after receiving this email and found the questions asked by the cryptocurrency company as “privacy-violating.”

The ReadySetCrypto "Three Token Pillars" Community Portfolio (V3)

Add your vote to the V3 Portfolio (Phase 3) by clicking here.

View V3 Portfolio (Phase 2) by clicking here.

View V3 Portfolio (Phase 1) by clicking here.

Read the V3 Portfolio guide by clicking here.

What is the goal of this portfolio?

The “Three Token Pillars” portfolio is democratically proportioned between the Three Pillars of the Token Economy & Interchain:

CryptoCurreny – Security Tokens (STO) – Decentralized Finance (DeFi)

With this portfolio, we will identify and take advantage of the opportunities within the Three
Pillars of ReadySetCrypto. We aim to Capitalise on the collective knowledge and experience of the RSC
community & build model portfolios containing the premier companies and projects
in the industry and manage risk allocation suitable for as many people as

The Second Phase of the RSC Community Portfolio V3 was to give us a general idea of the weightings people desire in each of the three pillars and also member’s risk tolerance. The Third Phase of the RSC Community Portfolio V3 has us closing in on a finalized portfolio allocation before we consolidated onto the highest quality projects.

Our Current Allocation As Of Phase Three:

Move Your Mouse Over Charts Below For More Information

The ReadySetCrypto "Top Ten Crypto" Community Portfolio (V4)

Add your vote to the V4 Portfolio by clicking here.

Read about building Crypto Portfolio Diversity by clicking here.

What is the goal of this portfolio? 

The “Top Ten Crypto” portfolio is a democratically proportioned portfolio balanced based on votes from members of the RSC community as to what they believe are the top 10 projects by potential.
This portfolio should be much more useful given the ever-changing market dynamics. In short, you rank the projects you believe deserve a spot in the top 10. It should represent a portfolio and rank that you believe will stand the test of time. Once we have a good cross-section, we can study and make an assessment as to where we see value and perhaps where some diamonds in the rough opportunities exist. In a perfect world, we will end up with a Pareto-style distribution that describes the largest value capture in the market.
To give an update on the position, each one listed in low to high relative risk:
SoV/money == BTC, DCR
Platforms == ETH, XTZ
Private Money == XMR / ZEC / ZEN
DeFi == MKR / SNX and stablecoins
It is the most realistic way for us to distill the entirety of what we have learned (and that includes the RSC community opinion). We have an array of articles that have gradually picked off one by one different projects, some of which end up being many thousands of words to come to this conclusion. It is not capitulation because we all remain in the market. It is simply a consolidation of quality. We seek the cream of the crop as the milk turns sour on aggregate.

Current Top 10 Rankings:



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