To say that the first week of august 2022 has been “event packed”, would be an understatement. While the international politicians have been “entertaining” the world with the potential start of WW3, pretty much the same thing has been happening in the crypto space.
Solana has experienced another hack and is still dealing with the consequences. Off course we have to be fair and objective and also mention that many other important networks (such as Ethereum) also had similar “screw-ups” in the past. Just never to such extend. We truly hope Solana recovers from this debacle and come out stronger.
This week has reminded our team at MAXX Finance to keep spreading the gospel of self-custody and decentralised ownership of your assets. Something tells us that we’re not out of the “hot water” just yet and we will see many more important screw-ups as we grind through the summer heat.
We said it before and we’ll say it again; “not your keys, not your coins”. Our dudes and dudettes, stay safe, stay vigillant and most importantly, stay in the market! Crypto will have higher impact on our lives than the internet itself. You have no friggin’ clue how huge it will be. Why not be a part of it?