This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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Square Enix, the makers behind the wildly popular Final Fantasy series, are teaming up with NFT platform Enjin to bring digital collectibles in sync with planned physical collectibles. The physical collectibles are slated to be released first, and each one will have a unique code to collect the digital counterparts in 2023. In line with Square Enix's investments into Web3 gaming, this strategy fits into their foray into the NFT world.
As a Final Fantasy nerd and Final Fantasy 7 being my absolute favorite of the series, I for one will be waiting in the virtual line to purchase the collectibles. As Web3 gaming gains speed, big companies dipping their toes in this space only helps with its longevity. Can't wait!
Written by: nikethereum.eth / Medium
Square Enix, the makers behind the wildly popular Final Fantasy series, are teaming up with NFT platform Enjin to bring digital collectibles in sync with planned physical collectibles. The physical collectibles are slated to be released first, and each one will have a unique code to collect the digital counterparts in 2023. In line with Square Enix's investments into Web3 gaming, this strategy fits into their foray into the NFT world.
As a Final Fantasy nerd and Final Fantasy 7 being my absolute favorite of the series, I for one will be waiting in the virtual line to purchase the collectibles. As Web3 gaming gains speed, big companies dipping their toes in this space only helps with its longevity. Can't wait!
Written by: nikethereum.eth / Medium
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