🐣 Google's Easter egg for the Ethereum Merge

🐣 Google's Easter egg for the Ethereum Merge 💼 Polygon plans to hire aggressively in a down market ⬆️Google's Easter egg for the Ethereum Merge

GM, vEmpions! So, how was everyone's weekend? I'm sure you all had a blast. Maybe you went out clubbing or bar hopping with your friends. Or maybe you spent the whole weekend watching Netflix in your PJs. Either way, I'm sure it was a great time. Let us recap what happened in the meantime:

🐣 Google's Easter egg for the Ethereum Merge 💼 Polygon plans to hire aggressively in a down market ⬆️ The Terra project: a look at the recent gains

Google's Easter egg for the Ethereum Merge

It looks like even Google is getting excited for the upcoming Ethereum merge! With just a few days left to go, the world's most popular website has put up a countdown clock, complete with the current difficulty rate and hash rate. Who knows, maybe we'll see an Ethereum doodle on Google's home page once the merge finally happens!

Google has never been one to shy away from getting involved in the latest trends and technologies, so it's no surprise that they're getting on board with Ethereum's highly anticipated transition to proof of stake.

If you type "ethereum merge" into Google's search engine, you'll now see a countdown clock, the problem fee (the number of times a miner must calculate the hashes in order to record a block of transactions), the hash rate (the total combined computing power being used on the entire network), and a cartoon of two happy bears approaching each other with outstretched arms.

This is just another example of how Ethereum is quickly gaining mainstream adoption and becoming the go-to platform for decentralized applications.

Polygon plans to hire aggressively in a down market

The crypto industry is in the midst of a major downturn, with prices plummeting and companies laying off workers. But one company is bucking the trend: Polygon, a scaling solution for Ethereum, is reportedly planning to aggressively hire more workers to take advantage of the situation.

According to a new report by Bloomberg, Polygon is going to broaden its workforce by 40% in the coming months to capitalize on the availability of talent. The company is currently sitting on a war chest of $450 million, which it raised through the sale of private tokens in February.

Polygon currently has around 500 full-time employees that work from remote locations. With the new hires, the company is looking to expand its reach and cement its position as a leading scaling solution for Ethereum.

The report paints a picture of a company that is thriving in the midst of a crypto industry downturn. Polygon is on a hiring spree, and they're looking for the best of the best. They want managers, engineers, and staff who are experts in overseeing partnerships. But that's not all. They also want to add high-quality Web3 developers to their team.

Why? Because they're expensive to hire and difficult to come by, according to the report.

Previously, Polygon siphoned 30 developers from non-fungible token (NFT) launchpad OnePlanet, Polygon's human resources head also says that they have attracted talent from big tech firms including Amazon, Electronic Arts and YouTube.

It remains to be seen if this strategy will pay off in the long run, but one thing is for sure: Polygon is not afraid to take risks. And that's something we can all admire.

The Terra project: a look at the recent gains

It's hard to ignore the recent gains of the controversial blockchain project Terra. After its native token LUNA and stablecoin TerraUSD (UST) collapsed in May, LUNA has now surged to around $6, a massive 17,559,000% price rally in just four months.

While some may be skeptical of Terra's sudden success, there's no denying that the project has made some impressive gains in recent months.

It's important to also note that LUNA also trades with the ticker LUNA2 across multiple exchanges.

In detail, Terraform Labs, the firm behind the Terra project, divided the old chain into Terra Classic (LUNC) and Terra LUNA 2.0 (LUNA/LUNA2). Terra Classic is the original version of the Terra blockchain, while Terra LUNA 2.0 was created as a part of a regeneration strategy by Terraform Labs founder Do Kwon. In doing so, Kwon and his team periodically airdrop the LUNA2 tokens to users affected by Terra's collapse.

So what does this all mean? Well, for starters, it means that the recent price surge of LUNA may not be as impressive as it seems at first glance. When taking into account the total supply of both LUNC and LUNA2, the price of LUNA is actually down about 96% from its all-time high.

What's more, many of the exchanges that list LUNA don't even show the circulating supply, making it difficult to ascertain how much of the total supply is actually in circulation.

So while the recent price rally of LUNA may be impressive on paper, it's important to take a closer look at the details before getting too excited. The truth is, there's a lot that can (and likely will) go wrong. It's important to remember that the road to recovery is often long and difficult. With that being said, only time will tell if Terra can continue this momentum and go back to its former glory.