Hello everyone, hope you had a scary (but in a nice way) Halloween. Time to get back in shape. Let's start with web3 cardio.
Today's good stuff:
- Mysterious Crypto Figures
- Important November Events
- Selected Meme of The Day
- Bite-Sized News
MYSTERIOUS CRYPTO FIGURES
Yesterday people woke up and were like: 'yeah, it's the jeepers creepers time of the year'.
Suddenly, everyone's dressed up as Tommy Shelby, Vecna, or the Among Us Impostors.
Because hiding your face is what creates a mystery. And mystery creates excitement. That's why anonymity, remaining off-the-radar attracts people's attention.
As the saying goes: 'There are two rules for success: 1. Never tell everything you know'.
Same applies to everything in life. Crypto is no exception.
Let's take a look at the most interesting, and unanswered crypto human riddles.
1. Satoshi Nakamoto.
Of course. On 31st of October, 2008, the pseudomymous creator (or a team of creators) released the Bitcoin White Paper.
During that time, Nakamoto was responsive, accessible and active on Bitcointalk. An internet forum for early crypto enthusiasts. But eventually, he (they) posted their last message, and… disappeared.
Until rumors started spreading about how this Japanese-American man, named Dorian S. Nakamoto, is the actual creator of the cryptocurrency.
Then, in 2014, Satoshi appeared online again. Only to post this message:
The mystery remains.
2. Ryoshi, the Shiba Inu Coin Founder.
The SHIB coin may be among the top 15 cryptocurrencies in the world based on its market capitalization, which is almost $7 billion.
But its creator... is not on the list of the world's top 15 most recognizable people.
No one knows who this person (or, again, people) is.
Yet one fact is known - the creator, in order to remain completely unbiased towards their project, chose not to own any Shiba Inu Coins.
Not a single SHIB coin in the creator's wallet. The creator who's often referred to as 'Ryoshi'.
The reason for that is that once they posted a blog post, in which it was announced: 'I AM RYOSHI'.
This blog post is now deleted.
3. Chef Nomi.
The mysterious chef who came up with the recipe for one of the world's most recognizable Decentralized Exchanges (DEX). The creator of Sushiswap.
The creator (or, once again, a team of creators) that goes under the alias of Chef Nomi, may have a reason to remain anonymous.
You see, they simply copied the open-source code of Uniswap, yet another DEX, applied it to practice, and made it work in their own way.
And got big.
These are examples of how masks remain relevant not only on October 31st.
In the crypto world, some people refuse to take their masks off all year long.
Anonymity plays an important role in the crypto culture.
But as time passes, transparency and trust become more and more valued by the community members, and by official regulators as well.
IMPORTANT NOVEMBER EVENTS
Okay, there's time for mysteries, and then there's time for clarity. Let's take a look at what are the key events that may affect the crypto market most noticeably.
- November 2, The Fed will hold its next meeting.
Market experts predict that the US monetary authorities will raise the interest rates by 75 basis points to 4%.
If the interest rate hike is 75 bp or more (as was already the case in September), further decline in the stock market should be expected.
It is unlikely that the crypto market will be able to avoid this trend.
But on the other hand, over the past few weeks, the crypto sector has shown greater resilience than the stock market.
- November 3, The Bank of England will announce their decision about increasing the interest rate.
- November 10, US Consumer Price Index (CPI) will be announced.
- November 16, UK CPI announced.
These events are numbers-related. Let's see the ones that you could actually participate in.
- November 3-4, NFT.London takes place. One of the world's top NFT events. New stars will be born. New names will enter the game. New technologies will be introduced.
- November 9-10, TOKEN2049 takes place in London as well. Worlds' leading web3 companies and their leaders will gather, discuss, share inspiration.
- November 7-13, London Crypto Week. A week of independently organized side events around TOKEN49.
What can we say. London's calling.
Selected Meme of The Day
Bite-Sized News
- After the Merge, Ethereum Network Energy Consumption Dropped By 99.9%. They promised, they delivered.
- Thailand and Hungary Join Forces to Delve Into Blockchain Technology. Unexpected friendship born under extraordinary circumstances.
- Japanese City Uses Metaverse to Fight Against Student Absenteeism. If it works, it works.
- The Reserve Bank of India Rolls Out CBDC Pilot for Wholesale Segment. India remains determined to tame that Central Bank digital currency.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.