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I'll be the first to say that I don't understand any of this and it all flies in the face of what we saw happen. Case in point: what the heck is this article saying? Why is it so upbeat? YAM Post-Rescue Attempt Update by @YamFinance link.medium.com/4TygLXvIU8

5:42 pm · August 13, 2020 ·

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Lefteris Karapetsas

@LefterisJP

1/X:The way this entire YAM thing unfolded, how it was shilled by many in the #ethereum community, how security was thrown out of the window due to short-term greed has really angered me. I wrote a post about it and how we need to build sustainable #DeFi: blog.rotki.com/2020/08/13/sus…

4:43 pm · August 13, 2020 ·

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David Gerard

@davidgerard

DeFi disasters come from the clash of two factors: 1. Smart contracts are hard or impossible to alter by design, so need the most painstaking code review/analysis — so you don’t lose money to an exploit. 2. You make more money by being quick to market. davidgerard.co.uk/blockchain/… twitter.com/CoinDesk/statu…

4:42 pm · August 13, 2020 ·

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CoinDesk

@CoinDesk

YAM’s market cap fell to zero just minutes after the co-founder pronounced the yield farming project dead. A rescue plan is now on the cards. From @paddybaker_ trib.al/c6aVaaK

4:42 pm · August 13, 2020 ·

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Digiconomist

@DigiEconomist

The latest #Ethereum Energy Consumption Index is 8.033 TWh per Year/0.74 Mil US households (+0.33%) ethereumenergyconsumption.com 18.3 KWh per unique transaction (powers 1 US household for 0.6 days) #MakeEthereumSustainable

2:02 pm · August 13, 2020

Cointelegraph

@Cointelegraph

Ireland’s cryptocurrency firms are to be brought in line with the latest EU rules for preventing money laundering and terrorism financing cointelegraph.com/news/irelan…

10:02 am · August 13, 2020 ·

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Larry Cermak

@lawmaster

Yesterday, the fees on Ethereum reached an all-time high of $6.87 million. Previous all-time high? $4.55 million during the 2017 speculative mania. Fees on Ethereum were 4.8 times higher than on Bitcoin yesterday pic.twitter.com/hQCp0hvxb8

9:46 am · August 13, 2020 ·

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Tony “Abolish (Pol)ICE” Arcieri 🦀

@bascule

Just checked in on the latest Digiconomist figures on Bitcoin's monumental inefficiency and it has reached new heights of ridiculousness twitter.com/bascule/status…

8:33 pm · August 12, 2020 ·

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Digiconomist

@DigiEconomist

#Bitcoin #EWaste Generation is at 10.755 kilotonnes per year (comparable to a country like Luxembourg) bitcoinelectronicwaste.com A footprint of 92.2 grams per unique transaction (equal to the weight of 1.4 'C'-size batteries or 2 golf balls) #MakeBitcoinSustainable

1:33 pm · August 12, 2020

The Block

@TheBlock__

Yield farmers deposit $76M in unaudited DeFi project in less than an hour theblockcrypto.com/linked/746…

6:55 am · August 12, 2020 ·

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