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GM Web3 โ˜€๏ธ on Rug Radio ๐ŸŽ™๏ธ: Ordinals, Payrolls & Twitter revenue

GM Web3 โ˜€๏ธ on Rug Radio ๐ŸŽ™๏ธ: Ordinals, Payrolls & Twitter revenue

FOMO HOUR: A Daily Crypto & Web3 News Show ยท Decrypt Media

February 3, 20231h 26m

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Show Notes

Today was a big day for macro events with the non-fund payrolls coming in way above expectation at 517k vs the expected 187k. A surprising point, contrary to the latest headlines about tech layoffs. The market sold off and recovered with very little action in crypto but things are up a skosh.


There was some new innovation in the oldest cryptocurrency with BTC allowing Bitcoin-minted NFT to store an image on chain. This opens up new possibilities for a new market but the Bitcoin maxis were not happy with this as the network saw some undesired effects resulting from this.


Elon musk announced that twitter will be providing potential revenue through ads in replies. Very few details were shared but the attempt at creating a creator economy is seen as a step in the right direction.


Get the summary here: Gldn's notes


GM



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