Warren Calls Crypto The New “Shadow Bank”

<p><strong>Quick Take</strong></p> <ul> <li>Loot NFT creator Dom Hofmann announced the creation of 1.3 million more Loot.</li> <li>U.S. Senator Elizabeth Warren told the New York Times that cryptocurrency is the new “shadow bank.”</li> <li>There is now more than $1 billion in Total Value Locked (TVL) on Ethereum layer 2.</li> <li>More than 200k ETH has been burned since the implementation of EIP-1559.</li> </ul> <p><br /> Newsletter: <a href="https://todayinethereum.substack.com" target= "_blank" rel= "noopener">https://todayinethereum.substack.com</a></p>