November 11, 2021       /       Unchained Day-to-day       /       Laura Shin

Day-to-day Bits ✍️✍️✍️

• BTC crossed $69,000 for the predominant time yesterday morning.

• Rolling Stone is auctioning two NFT-themed covers on SuperRare.

• DeFi quantity on the finest DEXs has jumped 550% in 2021.

• Electronics retailer MediaMarkt used to be hit with a ransomware attack on Sunday where attackers asked for hundreds of thousands of greenbacks worth of Bitcoin in return for releasing the captured knowledge.

• A recent invoice launched to Congress would place suggestions for monetary institutions hit by ransomware attacks.

• Mastercard outlined a 3-pronged technique to abet cryptocurrency in a presentation on Wednesday.

• Nexo, a crypto lender, invested in Texture Capital, an SEC-licensed dealer-provider.

• Beeple’s HUMAN ONE, a bodily sculpture and NFT, soldfor $29 million at Christie’s.

• The SEC halted the registration of two tokens from the American CryptoFed.

• Dogecoin shopping and selling on Robinhood declined tremendously in Q3 2021.

• Public.com has expanded its crypto providing from 10 tokens to 21, adding the likes of UNI, SUSH, and SOL.

• LUNA hit an all-time high because the Terra group voted for a burn proposal.

What Put You Meme?

What’s Poppin’?

Twitter. Crypto.

Twitter is making a push into web3, in step with a file from the Monetary Cases. The social media massive, and unofficial house of crypto knowledge, is teach to embody decentralized apps, digital sources, and the rising communities surrounding the alternate through a loyal crypto team.

Tess Rinearson, an Interchain Basis council member, will be leading the team, dubbed Twitter Crypto.

On Twitter, Rinearson defined that the devoted crypto team will be exploring how one can only abet dapps, communities, and Bluesky, Twitter’s decentralized social community undertaking. “We’ll be working to establish what crypto can attain for Twitter, as properly as what Twitter can attain for crypto. Twitter no doubt “gets” crypto (hi there bitcoin tipping & NFTs!), nonetheless there’s so noteworthy extra to search out here,” said Rinearson.

Twitter Crypto is per chance the most modern in a line of announcements from web2 social media giants dipping toes into web3. As an illustration:

• Facebook rebranded to Meta on the conclude of October, entirely entrenching itself as a metaverse firm.

• Discord CEO Jason Citron hinted at an Ethereum wallet integration for the platform.
• Reddit co-founder Alexis Ohanian announced plans to make investments $100 million into Solana.

Advised Reads

• a16z’s Chris Dixon and Packy McCormick on web3:

• HRF’s Alex Gladstein on Bitcoin versus astronomical imperialism:

• Protos Media on Tether:

On The Pod…

NFCastle 2021: Art Controversy – NFTS: Nothing F**king There?

At Non-Fungible Castle 2021, an NFT exhibition in Prague, four NFT consultants debate about a of potentially the most up to this point subjects in the metaverse, like how one can impress NFTs, whether insider shopping and selling exists, what makes Ethereum-based NFTS so special, and the environmental impact of NFTs.

Visitors encompass Maria Paula Fernandez, co-founder at JPG, Kavita Gupta, cofounder of FINTECH.TV, Oliver Halsman Rosenberg, artist, and gmoney, an NFT collector. Present highlights:

• what an NFT is
• why NFTs rating impress
• what the “fantasy of decentralization” has to attain with NFT valuation
• why collectors like gmoney settle on to accumulate NFTs on Ethereum vs. diverse chains
• how provenance and IP rights rating interaction with impress
• why gmoney thinks Solana Punks are like false Chanel bags
• what “proudly owning an NFT” no doubt means
• whether newbies must soundless be protected against shopping rip-off NFTs
• the “ceremony of passage” of falling resplendent to a rug pull and the notion that of “attain your rating research” (DYOR)
• what can also even be performed about insider-shopping and selling-like activities in NFTs
• how one can navigate public-going thru blockchains when your address is doxed
• diverse systems to hyperlink off-chain sources to NFTs
• what the crypto alternate can attain to greater understand the NFT impact on native climate swap

Book Exchange

You could per chance per chance dangle it here: http://bit.ly/cryptopians