Three Arrowz Capitel, a memecoin launched by Three Arrows Capital co-founders Su Zhu and Kyle Davies, has lost over 70% of its value since its all-time high. The token, with up to 84% insider supply, imposes a 1% tax on trades and has raised concerns about the founders' focus.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.