gm,
See you in Miami this week. This is the dress code for our event, FYI.
Steadfastly,
The Boys
WTF <> SBF. Another week, another puff piece about the disgraced FTX founder, Sam Bankman-Fried. The story, or what some are calling “one the biggest failures in US journalistic integrity of the 21st century,” examines SBF’s “philanthropy” without ever mentioning that his charitable gifts were actually user funds. How is this man not in jail? Adding to the chaos, SBF will be participating in the Dealbook Summit this upcoming week (a paid appearance, we might add!) which has the cryptoverse up in arms. Feds, do something!
Is anyone safe? Asking for a friend. The liquidity crisis continued to spread this week as Gemini told customers that they will not be able to withdraw (trigger warning) assets from their Earn program that pays rewards on deposited crypto. Unfortunately, the program is tied to the fate of its lending partner, Genesis, which was overly exposed to FTX 🙄 Gemini wants to remind you this does not impact any other Gemini services and Gemini is a full reserve exchange. This is still a reputational hit for Gemini, a brand that has been widely trusted for years. Please, God, make it stop.
Bad Actor witch hunt. Needless to say, we’ve reached peak fear mongering era. Rumors are spreading like wild fire no matter their legitimacy. This week Binance CEO CZ questioned Coinbase before deleting his tweet after ~20 minutes. Small brainlets are even trying to FUD Wrapped ETH (wETH), nice try! If we’ve learned anything, it’s that skepticism is warranted but when skepticism becomes hysteria …maybe it’s time to become a hell forged OG.
MoonPay is doing the work of onboarding millions into web3 worldwide. It's one of the most trusted infrastructure companies in the Crypto space... and needless to say Boys Club is *obsessed*. As we aim to onboard the next million into web3, we cannot recommend MoonPay enough.
MoonPay makes it so incredibly easy to jumpstart your web3 journey by making the process to buy, sell and purchase digital collectibles as simple as possible.
All you need is a debit or credit card. LFG.
Visit MoonPay.com to get started. We <3 you MoonPay!
👾 Congrats to Mattie on a huge launch of the community-created metaverse gaming world, Meka-Citadel.
🖼 Check out Maceo’s podcast NFT on Zora.
🌱 Hiring? Check out the Boys Club collective. If you hire from the collective, let us know - we just may celebrate it here.