🥁 UK Core Inflation Hits a 28-Year High
PLUS: What this means for Bitcoin, Binance accused of commingling funds, and more!
BEN Beats
May 25, 2023
Read time: 4 minutes | Total savings in this newsletter: $350
GM fam! Welcome to today's issue of BEN Beats 🥁 Here’s what we got:
Trending News 🗞️
Upcoming Events & Promo Codes 💫
New Remote Jobs 💼
Resources to Get Crypto Smart 🧠
Featured Web3 Tool 🔧
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UK Core Inflation Hits a 28-Year High
Oh boy, UK core inflation is soaring. It was just 2% less than two years ago, and now reached 6.8% in April, its highest since 1992.
High core inflation leads to high bond yields and increasing uncertainties.
In other countries, such times of uncertainty have pushed investors towards Bitcoin. For example, in Turkey, inflation has surpassed 100% over the past three years, and BTC/TRY trading volume increased significantly.
Trending News 🗞️
1. Chinese companies selling synthetic opioid chemicals raked in $27M in crypto payments. Who knew opioids could be so lucrative?
2. Cardano’s native DeFi protocols surge as TVL soars 230% in 2023. Are things turning around for Cardano?
3. Crypto giant Binance commingled customer funds and company revenue, former insiders say. Remember kids, commingling funds isn’t as fun as it sounds!
4. Biden won’t accept debt deal protecting crypto traders. He says it will hurt food assistance programs.
5. Coinbase Files Mandamus Petition in Response to SEC. What does Mandamus mean?
6. Ledger CEO says ‘sharded’ recovery seeds could be disclosed on subpoenaes. Read this before continuing to use Ledger!
7. NFT Lending Platform Blend Surges Past 100,000 Ethereum in Total Volume. That’s a lot! NFTfi narrative incoming?
8. Pudgy Penguins’ Debut Toy Collection A Success: $500K in 48 Hours. You can buy them on Amazon now.
Meme Break 🐸
Upcoming Events & Promo Codes 💫
May 26 - 28 | ETHDublin | Dublin, Ireland
🇮🇱 May 28 - Jun 1 | Tel Aviv Blockchain Week | Tel Aviv, Israel
🇺🇸 May 31 - Jun 2 | Render ATL | Atlanta, USA
🇨🇭 Jun 1 - 2 | Crypto Valley Conference | Zug, Switzerland
🇧🇷 Jun 2 - 4 | NFT.Brasil | Sao Paulo, Brazil
🇨🇿 Jun 3 -5 | Gateway to Cosmos | Prague, Czech Republic
🇰🇷 Jun 6 - 7 | BUIDL Asia | Seoul, South Korea
🌐 Jun 6 - 7 | Web3 Creator Summit | Online
🇵🇹 Jun 7 - 9 | Non-Fungible Conference | Lisbon, Portugal
🇵🇹 Jun 9 | Epic Web3 Conference | Lisbon, Portugal
🇩🇪 Jun 10 - 11 | Web3 Berlin | Berlin, Germany
🇺🇸 Jun 12 - 13 | 3XP Web3 Gaming Expo | Pasadena, USA
🇸🇬 Jun 12 - 17 | Web3 Gaming Week | Singapore, Singapore
🇻🇳 Jun 16 - 17 | BUIDL Vietnam | Ho Chi Minh City, Vietnam
🇧🇷 Jun 21 - 25 | Ethereum Brasil | Sao Paulo, Brazil
🇨🇦 Jun 23 - 25 | ETHGlobal Waterloo | Waterloo, Canada
🇩🇰 Jun 28 - 29 | Polkadot Decoded | Copenhagen, Denmark
🇪🇸 Jul 5 - 9 | ETHBarcelona | Barcelona, Spain
🇺🇸 Sep 20 - 23 | Messari Mainnet | NYC, USA
🎟️ $300 off with code: BENATMAINNET
🇮🇹 Oct 5 - 6 | ETHMilan | Milan, Italy
🎟️ €50 off with code: BEN
New Remote Jobs 💼
🔧 Senior Software Engineer -C++ at Kraken
🔧 Senior Atlassian Engineer at Kraken
💵 Senior Financial Systems Analyst at Kraken
🔧 Senior Quantitative Software Engineer at Kraken
🧮 Financial Reporting Accountant at Moonpay
🛠️ Senior Smart Contract Engineer at Uniswap Labs
🔧 Full-Stack Software Engineer, Social Media at Aptos
🎨 Senior Brand Designer at Kraken Digital Asset Exchange
Resources to Get Crypto Smart 🧠
Ponder Crypto - A weekly email that will entertain and educate readers on all things crypto in just 5 minutes!
Web3 Daily - The latest Web3 news, but translated into plain English, so anyone can understand it.
Alts.co - a newsletter about investing in alternative assets like art, LEGOs, NFTs, farmland, and more!
Early Bird - Join over 1000 investors to learn about stocks, cryptocurrency, and crowdfunding in 3 minutes or less
Morning Brew - The daily email that delivers the latest news from Wall Street to Silicon Valley
Featured Web3 Tool
Katch is an AI tool for scheduling meetings. It will use Smart Suggestions to send you the best time to connect with someone by analyzing both your guys’ availability and time zones. When you both indicate that you're free via the app, you can jump on a call straight away! If you're not available, no big deal; they will continue sending you Smart Suggestions until both of you are free to talk.
Other useful tools:
Featured Tweet 🐦
Follow the smart money: Explore all recent Web3 investments from Tier-1 VCs in one infographic.
Who are you keeping an eye on today?
🧵 1/11 https://t.co/EQA93EaSud
— Stacy Muur (@stacy_muur)
May 23, 2023
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