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- Opera browser debuts stablecoin wallet MiniPay in Africa
Opera’s new in-browser, noncustodial wallet runs on the Celo blockchain and targets the platform’s African user base for P2P stablecoin transactions.
The web platform Opera has revealed its plans to launch a noncustodial stablecoin wallet integrated into its mobile web browser that will be made available to its user base in Africa.
On Sept. 13, Opera introduced MiniPay, which is built on the Celo blockchain and will allow African users to send or receive stablecoins using their existing mobile numbers.
- Grammy CEO clarifies AI Drake song ineligible for award over copyright issues
The Record Academy executive clearly stated that the track is “not eligible” and cited that the vocals were not legally obtained nor were they cleared by the label or artist.
The CEO of the Recording Academy, which hosts the yearly Grammy Music Awards, has cleared up misconceptions regarding the eligibility of an artificial intelligence (AI)-generated Drake song for an award nomination.
- BNB Smart Chain Optimism-powered layer-2 opBNB hits mainnet
Binance’s Ethereum layer-2 scaling platform, opBNB, is now publicly available, following extensive testing of the OP Stack-based platform.
The BNB Chain blockchain ecosystem is set to tap into Optimism’s rollup technology, powering its newly launched opBNB layer-2 scaling platform.
BNB Chain announced the public mainnet launch of its Ethereum Virtual Machine (EVM)-compatible L2, which delivers lower gas fees and faster transactions to decentralized applications running within the ecosystem.
The opBNB platform reportedly handled over 35 million on-chain transactions and saw more than 150 decentralized applications (DApps) deployed on its testnet. BNB Smart Chain also claims that the platform achieved a peak of 4,000 transactions per second during a stress test of its capabilities.
- Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens.
Cosmos Hub, a blockchain part of the Cosmos Network, has been upgraded to launch a liquid staking module, enabling users to bypass the previous 21-day unbonding period by unstaking ATOM
ATOM
$7.10 funds.
ATOM is the native token of the Cosmos network. Before the upgrade, ATOM holders had a locking period of 21 days to move their funds after unstaking the token. With the new module, staked ATOM can be used in the Cosmos decentralized finance (DeFi) ecosystem without compromising yields from staking.
The staking process involves users holding their tokens to validate transactions and secure a blockchain network. Participants receive rewards for their contribution, similar to earning interest on a savings account.
- Are real world assets set to take market share?
The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength.
The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a new kid on the block, and they go by the name of real world assets (RWAs).
**What are RWAs?**
In simple terms, RWAs are tangible assets from the physical world that interact with the blockchain. The biggest assets being represented currently are real estate, private credit, gold and U.S. treasuries. But the ceiling for expansion is almost unlimited and this is certainly an area to look out for. It is reported that the overall Total Value Locked (TVL) for DeFi is roughly $38.8 billion, with a high of around $178 billion in November 2021, which illustrates a big potential opportunity for investors.
Real estate alone is seeing fewer complications in terms of process and is also negating the need for a middleman to see the deal out. Not only does it provide a more efficient solution but it is cost-effective too.
- Digital Currency Group (DCG) has proposed a new agreement plan for the creditors of the now-bankrupt Genesis Global that would also see Gemini Earn users recover nearly all of their claims.
In a new filing on Sept. 13, DCG outlined a plan that estimates “unsecured creditors a 70–90% recovery with a meaningful portion of the recovery in digital currencies.”
Additionally, the remuneration plan says the recovery of claims for Gemini Earn users would be projected at “approximately 95–110%” without any contribution from Gemini.
- German government watchdog launched Worldcoin probe in November 2022: Report
Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin’s data collection methods, which involve collecting iris scans from users.
https://cointelegraph.com/news/german-government-watchdog-launched-worldcoin-probe
- SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field 'Rife With Fraud'
**U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto, noting that crypto platforms often commingle funds and trade against their customers.**
https://news.bitcoin.com/sec-chair-gary-gensler-says-crypto-is-a-highly-speculative-field-rife-with-fraud/
- Worldcoin's Launch Propels Optimism to Record-Breaking Daily Transaction Volume
**With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million.**
https://news.bitcoin.com/worldcoins-launch-propels-optimism-to-record-breaking-daily-transaction-volume/
- Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP
**The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange Commission (SEC) is able to prevail in its lawsuit against Ripple over xrp. He cautioned that the SEC’s enforcement-centric approach to regulating crypto “is not a healthy way to regulate an industry.”**
https://news.bitcoin.com/ripple-ceo-warns-of-harm-to-crypto-industry-if-sec-wins-lawsuit-over-xrp/
- BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea
Chatcasso won first prize in the BNB Chain hackathon for its AI-powered NFT creation tool.
https://cointelegraph.com/news/bnb-chain-hackathon-winner-accuses-binance-of-stealing-ai-powered-nfts-idea
- DOJ seeks to narrow Sam Bankman-Fried’s bail terms, use only flip phones
The proposal restricts Sam Bankman-Fried’s communication to a flip phone or another non-smartphone device without internet access.
https://cointelegraph.com/news/u-s-attorney-seeks-to-narrow-sam-bankman-fried-s-bail-terms-use-only-flip-phones
- Learned about all the web3 lingo on @orbapp.lens app, and also got a NFT. Now I'm certified slang master 🧙
#orb #orbapp #orbsbt
- Learned about basic fundamentals of Non-Fungible Token (NFT) on @orbapp.lens app, and also got a sick NFT 🤩
#orb #orbapp #orbsbt
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
- Learned about basic fundamentals and features of @LensProtocol on the @orbapp.lens app, and got a dope NFT 🌿
#orb #orbapp #orbsbt
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
- Learned about basic fundamentals and features of @LensProtocol on the @orbapp.lens app, and got a dope NFT 🌿
#orb #orbapp #orbsbt
- Learned about basic fundamentals of crypto wallet on @orbapp.lens app, and got a sick NFT 🤯
#orb #orbapp #orbsbt
- Learned about basic fundamentals of crypto wallet on @orbapp.lens app, and got a sick NFT 🤯
#orb #orbapp #orbsbt
- Learned about basic fundamentals of web3 on @orbapp.lens app, and got a dope NFT 😇
#orb #orbapp #orbsbt
- FTX CEO Confirms Reports of 'Unauthorized Access to Certain Assets,' Team Is 'Coordinating With Law Enforcement'
https://news.bitcoin.com/ftx-ceo-confirms-reports-of-unauthorized-access-to-certain-assets-team-is-coordinating-with-law-enforcement/
- From Hairstylist to Crypto Trader: A Cautionary Tale
A New York hairstylist to rock stars became a technical trader in Puerto Rico. Here’s how she got rich, only to lose everything in the crypto winter. This article is part of CoinDesk’s Trading Week.
https://www.coindesk.com/layer2/2022/10/28/from-hair-stylist-to-crypto-trader-a-cautionary-tale/
- Binance’s CEO Confirms Participating as Equity Investor in Musk’s Twitter Takeover
Changpeng Zhao said Binance had wired some $500 million “two days ago” as part of the move.
https://www.coindesk.com/business/2022/10/28/binances-cz-confirms-participating-as-equity-investor-in-musks-twitter-takeover/
- A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin Cache
https://news.bitcoin.com/a-committee-of-celsius-creditors-objects-to-celsius-selling-its-stablecoin-cache/
- Market Wrap: Bitcoin Heads for Best Week in 3 Months
The largest cryptocurrency’s push past $20K this week has turned the market more bullish. The outlook hinges on the Federal Reserve’s messaging next week – about its plans for December.
https://www.coindesk.com/markets/2022/10/28/market-wrap-bitcoin-heads-for-best-week-in-3-months/
- Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with
The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters.
https://cointelegraph.com/news/crypto-council-for-innovation-poll-sees-crypto-voters-as-a-force-to-be-reckoned-with
- Aussie federal budget reaffirms BTC won’t be treated as foreign currency
The new federal budget states that Bitcoin will fall under the “current tax treatment of digital currencies, including the capital gains tax treatment, where they are held as an investment.”
https://cointelegraph.com/news/aussie-federal-budget-reaffirms-btc-won-t-be-treated-as-foreign-currency
- Phishing scammer Monkey Drainer has pilfered as much as nullM in Ethereum
Four addresses have been flagged relating to Monkey Drainer, including the monkey-drainer.eth address, with Chainabuse showing a long list of reported victims relating to these accounts.
https://cointelegraph.com/news/phishing-scammer-monkey-drainer-has-pilfered-as-much-as-1m-in-ethereum
- Equifax—known for huge data breach—is building a Web3 KYC solution
Equifax, which suffered a huge data breach in 2017, has partnered with privacy-centric blockchain company Oasis Labs for a decentralized ID offering for Web3 companies.
https://cointelegraph.com/news/equifax-known-for-huge-data-breach-is-building-a-web3-kyc-solution
- Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards
https://news.bitcoin.com/blockchain-com-launches-crypto-visa-card-with-1-cashback-crypto-rewards/
- Blockchain.com partners with Visa to offer crypto debit card
The launch of the new crypto debit card follows the announcement of similar products from FTX and BitOasis.
https://cointelegraph.com/news/blockchain-com-partners-with-visa-to-offer-crypto-debit-card
- The UK has a new name for stablecoins and a new bill to regulate crypto
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom.
https://cointelegraph.com/news/the-uk-has-a-new-name-for-stablecoins-and-a-new-bill-to-regulate-crypto
- Dogecoin Soars as Elon Musk's Twitter Deal Nears Completion\nThe billionaire entrepreneur is supposed to close his purchase of the social media platform on Friday.\nhttps://www.coindesk.com/business/2022/10/26/doge-soars-as-musk-twitter-deal-nears-completion/
- What Bloomberg’s Crypto Opus Means for the Next Bull Market
Star finance writer Matt Levine devoted an entire Businessweek issue to crypto. That may be game over for hard-line skeptics.
https://www.coindesk.com/layer2/2022/10/26/what-bloombergs-crypto-opus-means-for-the-next-bull-market/
- Bitcoin, Ethereum Technical Analysis: BTC Slips, Following Move Above $21,000
https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-btc-slips-following-move-above-21000/
- Economist Peter Schiff Warns the US Dollar Will Crash — Says 'We're Going to Default'
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible. So, what’s going to happen? We’re going to default.”
https://news.bitcoin.com/economist-peter-schiff-warns-the-us-dollar-will-crash-says-were-going-to-default/
- The Bug House 2022 in Lisbon to bring together global Web3 community
https://cointelegraph.com/press-releases/the-bug-house-2022-in-lisbon-to-bring-together-global-web3-community
- Kava Launches Liquid Staking With Successful Mainnet Upgrade
https://cointelegraph.com/press-releases/kava-launches-liquid-staking-with-successful-mainnet-upgrade
- Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with
The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters.
https://cointelegraph.com/news/crypto-council-for-innovation-poll-sees-crypto-voters-as-a-force-to-be-reckoned-with
- Elon Musk Finally Closes Deal to Purchase Twitter, CNBC Reports.
Musk’s buyout occurred after a lengthy back-and-forth between the two sides.
https://www.coindesk.com/business/2022/10/28/elon-musk-finally-closes-deal-to-purchase-twitter-cnbc-reports/
- Elon Musk Finally Closes Deal to Purchase Twitter, CNBC Reports.
Musk’s buyout occurred after a lengthy back-and-forth between the two sides.
https://www.coindesk.com/business/2022/10/28/elon-musk-finally-closes-deal-to-purchase-twitter-cnbc-reports/
- Biden Says US Economy Is 'Strong as Hell' — White House Claims the President 'Has Done the Work' to Fix Inflation
https://news.bitcoin.com/biden-says-us-economy-is-strong-as-hell-white-house-claims-the-president-has-done-the-work-to-fix-inflation/
- Mark Cuban calls buying Metaverse land "the dumbest sh*t ever"
Even though Mark Cuban, billionaire investor and owner of the Dallas Mavericks, is a member of the Bored Ape Yacht Club (BAYC), he is a vocal critic of the trend of selling plots of virtual land in the metaverse.
https://www.wikibit.com/en/202208101654984761.html?client=gads
- **🌿 Rooting in Web3 — day 12 Introducing @TroopFinance**
**What is Troop?**
@TroopFinance official intro:
Create and manage a portfolio together with your frens. Collaborate on your investments while earning rewards and reputation. They are one of the grant winners from @LensProtocol , which we believe will integrate Lens in the future!
**Our opinion about** [**@TroopFinance**](https://twitter.com/TroopFinance) **(NOT FINANCIAL ADVICE):**
Troop is going to innovate how investment is done in such a way that it is practiced in the form of a "troop" or a group of your friends in a fun and engaging way.
The key highlight of Troop is "Join an investment portfolio with friends" So how does it work? 🤔 Let me walk you through it.
There are 3 important components: **
•** Rewards & Reputation **
•** Hive mind **
•** Exclusivity
More details about "How community portfolios work" in the pictures of this post.
Finally, there is a demo from [@TroopFinance,](https://twitter.com/TroopFinance) regarding how to create/join a troop:
<https://twitter.com/teapartylife/status/1555431172510851072>
**Again, not financial advice!**
If you would like to know more about [@TroopFinance](https://twitter.com/TroopFinance) project, please DYOR:
🌐 <https://troop.finance>
💬 <https://t.me/troopfinance>
- **🌿 Rooting in Web3 — day 11 Introducing SoundIt**
**What is SoundIt?**
Official intro:
[@SoundItWorld](https://twitter.com/SoundItWorld) is an audio-first social decentralized platform (dPlat) focused in disrupting the status-quo audio value chain.
They are one of the grant winners from [@LensProtocol 🌿](https://twitter.com/LensProtocol), which we believe will integrate Lens into their platform in the future!
**Our opinion about SoundIt:**
SoundIt going to revolutionize how the audio industry works in the future. SoundIt positioned in a very unique & interesting angle which to empower creators and fans to interact with each other, plus creating masterpieces together! 🤯
**Let's deep dive to understand more:**
SoundIt enables creators to create a professional studio-like environment and collaborate and generate fan engagement directly on the go.
Important key highlights to mention would be SoundIt's complete suite of tools to empower creators such as "**Blurbs**", "**Feed, Stage & Spotlight**", "**Collab**" and "**Pods**".
Finally, the last important point to cover would be the creator economy & value chain. As for the long-term, [SoundIt](https://twitter.com/SoundItWorld) is going to fix the Creator-Fan-Platform relationship model in the audio sector.
There's more to cover here.
In order to know more about [SoundIt](https://twitter.com/SoundItWorld), please do support them:
🌐 <https://soundit.com>
💬 <https://t.me/SounditWorldOfficial>
- **🌿 Rooting in Web3 — day 10 Introducing Share**
\
**What is Share?** \
Official intro: \
Share is a Web3 social writing platform where authors can publish books/articles as NFT and readers can interact with their favorite authors.\
\
**Our opinion about Share:** \
Share comes in a very unique and interesting angle to empower authors to sell their books in the form of NFT. This is something that hasn't happened before in the Web2 online bookstore. There's more ...\
\
Integrating with @LensProtocol , Share enables both the author and seller to set a price for collecting the publications via Lens protocol to further earn income for either party. 🤯\
\
The key highlight from Share is about the authors-readers will have a closer connection with each other, and hence enable readers to be an actor and synergized with the authors, which in turn will produce fantastic hybrid creativity on the final publication! 🤯\
\
**To know more about Share:** \
Do follow their socials: \
🌐 <https://theshr.xyz>\
💬 <http://discord.gg/zwaKtm3tqN>
- **🌿 Rooting in Web3 — day 9 Introducing** [**Gummys**](https://twitter.com/Gummys_io)
\
**What is Gummys?** \
Official intro:\
Gummys is a WEB 3.0-powered video and streaming platform with a fully operable product allowing users to generate income by creating, owning, and trading tokenized media content such as NFT, watching videos, and more engaging actions.\
\
**Our opinion about Gummys:** \
Gummys is going to revolutionize how we going to watch TV/video in the future. Why is that case? Because imagine we could sit at home watching TV or any video in the comfort of our home sofas, and yet we can earn income! 🤯\
\
However, it is not clear yet how Gummys is going to integrate Lens Protocol. However, we can only anticipate they will integrate the social elements into their platform, which is gonna be awesome.\
\
**Important highlights about Gummys:** \
Through Gummys privacy measures, users have peace of mind knowing that they do not need to worry about their data being sold to third parties or a data bridge as they only need a blockchain public address to use the platform.\
\
Another important mention that Gummys is a multi-award winner from various protocols! \
Such as:**\
•** 1st Prize winner at Chainlink Hackathon 2022 **\
•** Partnership with Polygon Studios\
**•** Lens/AAVE protocol Cohort 1 "The Saplings"\
\
**Do support them via their socials:**\
🌐 <https://gummys.io>\
🐦 <https://twitter.com/Gummys_io>
- **🌿 Rooting in Web3 — day 8 Introducing** [**@madfinance.lens**](https://twitter.com/madfiprotocol)
\
**What is Mad Finance?**\
@madfinance.lens is the ad protocol for web3 social! 💸 \
What does this really mean? 🤔 Let us walk you through it.\
\
First, we need to understand that, today, how Twitter and Facebook are free for all of us to use because the feed space is already being paid for by advertisers. But there is a little catch here, the biggest asset to these social media is actually the USERS! 🤯\
\
Why? Because imagine if no users use Facebook and Twitter, there will be no advertisers willing to place their ads on their platforms. But because they're operated in Web2, these social media control how the profits are generated and everything is going into their pocket. 😭\
\
Thus, similar to us, together with @madfinance.lens, we're committed to change this. Instead of giving all the profits generated from users to these big social media, we're connecting the profits back to users!\
\
In @madfinance.lens, they are building a suite of products in the form of Lens modules, tools for campaign creation + distribution, and payouts via Superfluid money streams. This is real innovation! 🤯\
\
If any of you are brands and creators, do join them today! \
Their first product will be carrying the idea of Lens Follow NFTs to the next level - allowing influencers and brands to utilize them as marketing campaigns! \
\
🌐 <https://madfinance.xyz> \
🐦 <https://twitter.com/madfiprotocol>