Data Breach Affects MetaMask Users
Twitter slides into bed with eToro for money
Data breach affects 7,000 MetaMask users. MetaMask itself wasn’t hacked. Rather, it was a connected third-party application. This signals that users must beware of connecting other apps to any crypto wallet.
This isn’t really related to Web3, but it could impact Web3. Twitter is bedding down with eToro to allow users to trade stocks and crypto. How could this impact Web3? Twitter owner Elon Musk has publicly stated he wants to turn Twitter into an “everything app.” Moving into finance is a natural extension of Twitter’s public persona. In that regard, Twitter could become a major Web2 finance player, which could chew into some of the impact of decentralized finance, and that could eat into any presence Web3 social apps have in the future. Twitter is competing with your Web3 app and has an edge because of centralized control under the management of a brilliant business strategist.
One last call, should I or should I not move to Paragraph? Take my survey.
NFT sales remain stable from February to March. Of course, “stable” is relative.
The best bitcoin games to play with your frenemies.
Donald Trump could have made as much as $1 million from NFT sales. He’s going to need it for lawyer fees.
Proposal to return 700 million ARB tokens fails.
Mark Cuban invests $80 million in Web3 cross-chain wallet Blocto.
Robert F. Kennedy Jr. (yes, son of the former president) blows FedNow settlement system out of the water. If you’re not familiar with FedNow, it’s the precursor to a Federal Reserve Central Bank Digital Currency (CBDC). While the Fed denies plans of a CBDC, they are considering one, and Kennedy is among those with concerns over using it as a surveillance tool. We should all be so concerned.
If you missed NFT.NYC, you’ll want read about the most surprising ways people are using NFTs. An excellent read that touts literary NFTs. Now you’re talking my language! Here are 4 really cool NFT projects discovered at NFT.NYC.
Presearch speaks with Hive blockchain’s evangelist @CrimsonClad. Crimson does a brilliant job of defending Hive and Web3. This is a must-watch discussion.
Mark Cuban invests $80 million in Web3 cross-chain wallet Blocto.
Robert F. Kennedy Jr. (yes, son of the former president) blows FedNow settlement system out of the water. If you’re not familiar with FedNow, it’s the precursor to a Federal Reserve Central Bank Digital Currency (CBDC). While the Fed denies plans of a CBDC, they are considering one, and Kennedy is among those with concerns over using it as a surveillance tool. We should all be so concerned.
If you missed NFT.NYC, you’ll want read about the most surprising ways people are using NFTs. An excellent read that touts literary NFTs. Now you’re talking my language! Here are 4 really cool NFT projects discovered at NFT.NYC.
Presearch speaks with Hive blockchain’s evangelist @CrimsonClad. Crimson does a brilliant job of defending Hive and Web3. This is a must-watch discussion.
The top 3 bridges for Algorand.
Celsius considers suing crypto blogger Tiffany Fong. If the information Fong published about Celsius is true, the company will be hard pressed to win any lawsuit it conjures. But companies don’t always act wisely when operating in crisis mode. Heck, they don’t always act wisely when not in crisis mode.
Chainlink finds new partners in Celo, Blue Kraken.
Is Zilliqa’s gaming console the future of blockchain gaming.
Cent Pages’ Collect Button has been award Product Hunt’s coveted #1 Web3 product of the month. Congratulations!
The U.S. House of Representatives is considering options for regulating and legislating stablecoins. Are stablecoins in danger? Will algorithmic stablecoins be legislated out of existence? A lot could happen in this discussion.
Quote of the Freaking Week
The ability of a free people to determine the means of exchange and which transactions they engage in is what makes them free, and without it, you don’t have a free people.
— South Dakota Freedom Caucus Vice Chair Representative Tony Randolph
Fracton Protocol laughs $3 billion trading volume all the way to the non-bank.
How smart contracts get hacked.
How to build a crypto trading bot.
5 ways to earn passive income from NFTs.
Why regulation is necessary to stop crypto fraud. To be honest, I trust the industry itself to create the tools that nip crypto fraud in the bud, but that doesn’t mean regulation can’t help, and it certainly doesn’t mean it isn’t coming your way.
Hong Kong’s ZA Bank wants to be the go-to Web3 bank. Should we laugh?
Singaporean AI company Mindverse gears up to impact NFTs.
Snark and commentary are in italics. Inclusion of an item doesn’t mean I agree or endorse the ideas presented. Of course, it also doesn’t mean I don’t.
Cryptocracy is a decentralized newsletter published several times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto. Original articles on Fridays.
First published at Cryptocracy. Not to be construed as financial advice. Do your own research.
Cryptocracy is also published at Paragraph and Mirror, where it can be collected as an NFT.
Web3 Wednesday: LinksDAO Buys Golf Course
Coinbase Wallet is vulnerable to red pill attacks , says ZenGo Wallet. Coinbase used ChatGPT to review token security and this is what they found . LinksDAO to buy Scottish golf course . A historic moment in DAO culture. Gala Games sues pNetwork over private key leak.
The World Wide Web Was Made for Creators
Before I get into today's content, would you take a minute to answer this one-question survey ? And if you haven't listened to it already, listen to this podcast discussion between Polar and me about Web3, decentralization, and artificial intelligence. And now for what you really came here for ....
Do Kwon Arrested? The President Kicks Crypto in the Shin
NOTE: You'll want to read the entire newsletter today. There is a lot going on.Before I get into this week's news curation, I'd like to make an announcement. Cryptocracy is going to make a transition in the next few weeks. The new direction will be focused on where Web3 meets the content economy.
