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...
Share Dialog
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The small island nation of Tuvalu, in the South Pacific, has announced their intention of using Web3 tech in order to preserve its’ culture and society for future generations. Tuvalu’s Foreign Minister Simon Kofe announced in a climate summit how they are looking for ways to protect the country’s heritage against rising sea level due to climate change. Hoping to leverage the Metaverse, they want to recreate their history.
In a live stream, Kofe said, “As our land disappears we have no choice but to become the world’s first digital nation.” As they begin to build their world, it will become the first digitized nation in the Metaverse.
Although other nations have opened up tax offices, and embassies in the Metaverse in the hopes of connecting with the younger generations, none have what Tuvalu is planning to do. Good to see the Metaverse expanding, even during this (deep deep) bear market!
Written by: nikethereum.eth / Medium / Mirror
The small island nation of Tuvalu, in the South Pacific, has announced their intention of using Web3 tech in order to preserve its’ culture and society for future generations. Tuvalu’s Foreign Minister Simon Kofe announced in a climate summit how they are looking for ways to protect the country’s heritage against rising sea level due to climate change. Hoping to leverage the Metaverse, they want to recreate their history.
In a live stream, Kofe said, “As our land disappears we have no choice but to become the world’s first digital nation.” As they begin to build their world, it will become the first digitized nation in the Metaverse.
Although other nations have opened up tax offices, and embassies in the Metaverse in the hopes of connecting with the younger generations, none have what Tuvalu is planning to do. Good to see the Metaverse expanding, even during this (deep deep) bear market!
Written by: nikethereum.eth / Medium / Mirror
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