๐ What Happened on Crypto Twitter at the End of February
โ๏ธEpic DeFi Arbitrage Season, ๐พIOTA out, and more!
Hey everyone, itโs Colin again! Welcome back to Crypto Twitter TLDR, a newsletter that brings you the juiciest tweets from Crypto Twitter twice a month.
Hereโs what happened on Crypto Twitter at the end of February.
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โ๏ธ๐ก๏ธDeFi systems get battle-tested by savvy arbitrageurs
Arbitrage was the talk of Crypto Twitter in February, as carefully executed flash loans and trades across DeFi protocols like bZxโs Fulcrum resulted in huge trading profits for market manipulators.ย While there was initially panic that this may have been the result of a hack, many ecosystem members came to see the events as both a critical learning experience for the nascent DeFi ecosystem as well as a demonstration of the current state of interoperable protocol capabilities.













๐พ๐พIOTA remains down
Internet-of-Things focused token project IOTA has been shut down since early February. @ercwl had an informative-yet-devastating thread about the state of affairs for the IOTA project and went into detail on all the mess pertaining to the Foundersโ attempt to claim ICO funds, the client hack, and whatโs likely to happen to token holders going forward.






๐ค๐Other Developments / Quick Updates
Shocking $3M+ BCH miner sweep that went fairly under-the-radar:


Heated monetary policy discussion between BTC and ETH supporters:



CZ & Binance launch Binance Cloud, a whitelabel exchange solution:


๐๐๐Random / Funny / Interesting Stuff
Ending this one as we always do with an assortment of random tweets from around CT.ย Hit me with feedback on this weekโs letter (@goltra) and see you next time!







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