Today in Crypto: Vitalik dumping $1M

Top Stories Today:

  1. Friend.tech is on fire, generating $1.4M in fees over the last 24hrs

  2. Vitalik sends $1M ETH to Coinbase, probably to sell

  3. Logan Paul's CryptoZoo victims are still waiting for their $1.5M

  • Friends.tech is a new Twitter-linked decentralized social (DeSo) app

  • It lets users buy & sell “shares” of Twitter accounts

  • Its currently the #3 crypto project by fee generation after ETH & Lido

  • Popular gamer Faze Banks joined and made $50k in 1-day

  • Vitalik.eth sent 600 ETH to Coinbase, likely for a sale

  • It comes in the middle of a 10% decline in ETH’s weekly price

  • His wallet was created seven years and currently holds 3993 ETH

  • Other assets include $85k USDC and $58k WETH

  • Logan’s NFT project, CryptoZoo, left investors financially REKT

  • Logan was accused of using deceptive tactics - lawsuits underway

  • In January, he promised $1.5M to compensate victims

  • Eight months later and no money has been returned

Peripheral Vision

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