⌐◪-◪ → Vitalik is trying to steer Ethereum back towards the original web3 vision - a world of new technologies that could together form the base layer of a more open internet stack.

Vitalik specifically cites rising transaction fees as the culprit for people shifting away from web3 ideals - saying that the 'degens' are the only audience willing to pay when transaction fees soar.

The blog post is a must-read and covers other topics like 2023 wins, leading privacy solutions, the social layer, and zero-knowledge proofs.

Let's make Ethereum cypherpunk again.

⌐◪-◪ → The Avalanche Foundation launched Culture Catalyst last year, a program focused on empowering creators and sparking innovation in crypto.

Now, they want to use Culture Catalyst to invest in meme coins, which they believe are integral to the crypto landscape - often sparking real interest and adoption.

It’s amazing how much real change and activity BONK stirred up for the entire industry by surging this month.

FOR THE CULTURE.

⌐◪-◪ → Alright, let’s talk about the elephant in the room - India just made a move to ban nine international crypto exchanges. While this doesn't feel like good news, I don't think it's a crackdown on crypto as a whole.

My gut says it is 1) a step towards crypto regulation and 2) a way to bring crypto businesses onshore - as the ban was on offshore exchanges only.

It'll be interesting to see how major exchanges—like Binance and Kraken—react to being banned in the second-largest country in the world.

Crypto cannot be stopped.