Warner Music Group Continues Its Web3 Expansion With New Metaverse Job Posting
The global record label has steadily been expanding its blockchain partnerships with platforms like The Sandbox, OpenSea, OneOf and more.
Crypto
Elon Musk, Twitter and the Social Media Double Bind
Twitter doesn’t need different content moderation policies – social media needs an entirely different architecture.
EU Council approves MiCA text, proposal moves to Parliament for vote
The Council’s Permanent Representatives’ Committee chair confirmed that the MiCA framework would go through “should the European Parliament adopt its position at first reading.”
Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for US Justice Department’s Assessment
A group of Republican lawmakers on the House Financial Services Committee have asked U.S. Attorney General Merrick Garland to share the Justice Department’s assessment on whether the Federal Reserve has the necessary authority to issue a central bank digital currency (CBDC).
Second Crypto Group Objects to CFTC’s Use of Chat Bot to Serve Legal Papers
The DeFi Education Fund, a D.C.-based organization, has filed to join the Ooki DAO case in hopes of blocking the CFTC from being able to serve the DAO through a website post.
Dogecoin Loses Momentum From Musk Twitter Acquisition News
Elon Musk’s favorite cryptocurrency settled down after rising on news that the Tesla CEO’s purchase of Twitter was back on the table.
SWIFT says it has reached a ‘breakthrough’ in recent CBDC experiments
“For CBDCs, our solution will enable central banks to connect their own networks simply and directly to all the other payments systems in the world through a single gateway,” said chief information officer Tom Zschach.
Skyweaver’s parent company secures $40M in Series A funding
The round was led by Brevan Howard Digital and Morgan Creek Digital, along with Polygon and Take-Two Interactive, among other investors.
Investment Manager Hamilton Lane to Tokenize 3 Funds Through Securitize
Investment management firm Hamilton Lane (HLNE) is to tokenize three of its funds in partnership with digital asset securities company Securitize.
Decentralized Exchange Token GMX Surges Amid Binance, FTX Listings
GMX gained popularity for defying this year’s crypto rout, and it nearly hit its previous all-time high after the news.
FTX’s $1.4B bid on Voyager Digital assets: A gambit or a way out for users?
FTX has bid $1.4 billion for Voyager Digital’s assets, looking to provide users a way out if they move to its platform, but there are risks.
SWIFT dice que puede ser el camino a seguir para las CBDCs globales
El sistema de mensajería interbancaria dijo que ha realizado transacciones entre diferentes redes de blockchains, utilizando tanto CBDC como monedas fiduciarias.
Price Point: Bitcoin Stays Above $20K as US Stock Futures Drop After 2 Days of Big Gains
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 5, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Mainstream NFT adoption will be driven mostly by their utility
Hype may have been a factor in the rise of NFTs, but the actual utility will be the catalyst for the mainstream adoption of the technology.
Mythical Games Creates Mythos Foundation to Decentralize Web3 Gaming
The gaming technology company is also expanding its ecosystem with the Mythos DAO and the $MYTH governance token.
Hedge Fund Two Sigma to Provide Data to Blockchain Information Network Chainlink
The massive fund, which manages about $60 billion in assets, will provide derivatives-related data to Chainlink.
Web3 Gaming Has a Long Way to Go Before It Becomes Mainstream, Survey Says
A study from Coda Labs shows that only 3% of gamers own an NFT and generally don’t have positive feelings about crypto.
Bitcoin repeats key bear market move as $19K becomes key BTC price zone
Investor cost basis is an important focus for ARK Invest, part of an ongoing “tug-of-war” in the 2022 Bitcoin bear market.
The world’s cultural heritage is being preserved one NFT at a time
The Monuverse is taking some of the world’s most precious monuments and preserving them forever as NFTs in the digital universe.
What is Bitcoin hash rate and why does it matter?
Cryptocurrency’s hash rate measures a blockchain network’s processing power to process transactions.
Middle East and North Africa Was the Fastest Growing Crypto Market Over Recent 12-Month Period: Chainalysis
The Middle East and North Africa (MENA) was the fast growing market for crypto adoption the 12-month period to June 2022, according to blockchain analytics firm Chainalysis.
What’s Going On With Ethereum’s MEV-Boost?
Flashbots’ block relayers continue to dominate the Ethereum validator ecosystem. And with them, censorship continues to grow.
EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules
The text of the two laws was agreed to by national diplomats after political deals struck in June.
Michael Saylor snubs claims he doesn’t use Bitcoin Lightning Network
Saylor wanted to demonstrate just how well he can use Bitcoin’s layer-2 Lightning Network by hosting a meme competition.
Three Arrows Capital Liquidators Take Possession of Starry Night NFT Wallet
Liquidators credit collection curator VincentVanDough for his help in moving the NFTs to a Gnosis Safe wallet.
Bitcoin still has $14K target, warns trader as DXY due ‘parabola’ break
A push higher for Bitcoin is likely to form the final fakeout before plumbing new multi-year lows, fresh analysis maintains.
SWIFT Says It’s Proved It Can Be the Way Forward for Global CBDCs
SWIFT, the interbank messaging system facilitating cross-border payments, has presented a framework for a global central bank digital currency (CBDC) system, claiming to have solved the challenge of interoperability between different networks.
Middle East and North Africa are fastest-growing crypto markets: Data
From institutional crypto usage in the United Arab Emirates to remittance payments in the Egyptian market, the last year revealed major growth for crypto in the MENA region.