Welcome! In this newsletter I’ll be sharing what I’ve found throughout the week at the intersection of art, commerce & technology. Please feel free to forward to anyone that may be interested and don’t hesitate to reply with your thoughts and what you want to see more of.
The fast rise and even faster fall of a trader who bet big with borrowed money. Starting in 2013, he parlayed more than $200 million left over from his shuttered hedge fund into a mind-boggling fortune by betting on stocks.
The impermanent loss also called divergent loss, is the difference between when you are holding tokens in an AMM (Automated Market Maker) Liquidity Pool and just simply holding them (i.e. HODLing) on the blockchain.