Research Summary
The article discusses various topics related to the crypto market. It talks about the sideways, choppy market and provides strategies to survive in such a market. It also discusses the governance attack on TornadoCash DAO and its implications. The article features an interview with 0xSami, the founder of Redacted Cartel, where he shares his views on zk-rollups and the areas of DeFi he is most excited about. The article also highlights various DeFi catalysts and industry news, including the rug pull by Swaprum DEX team, the potential reboot of FTX 2.0, and the bug in Aave V2’s Polygon deployment.
Actionable Insights
- Survive in a Sideways Market: The article suggests focusing on survival in a sideways market by preserving trading capital, building income, leveling up knowledge and network, and dollar-cost averaging into solid projects.
- Understand the TornadoCash DAO Attack: The governance attack on TornadoCash DAO is explained, which resulted in the attacker gaining control over a significant amount of TORN tokens.
- Insights from 0xSami: 0xSami shares his views on zk-rollups and the areas of DeFi he is most excited about. He believes that while zk-EVMs might be a more decentralized solution in the future, optimistic rollups have the advantage right now in terms of user adoption and infrastructure dApps available.
- Stay Updated with DeFi Catalysts and Industry News: The article provides updates on various DeFi catalysts and industry news, which can help in making informed decisions in the crypto market.
