LensLinks - Issue 3

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
October 05, 2022

Today in LensLinks:

  • Crypto purchases on Twitter?

  • Large Scale Metaverse Tech

  • SushiSwap to go Central?

  • Crypto Gaming's Still Pulling in Investors

  • 101 Article: Comparing Binance Smart Chain and Ethereum

  • And much, much more...

QUOTABLE... 

"Enabling crypto purchases is possible"

- Crypto Rand on Likely Elon Musk Twitter Changes

NOTABLE...  

 Metaverse & Gaming

Improbable Showcases Large-Scale Metaverse Tech - XR Today

XR Today reports on the latest extended reality news from around the globe, including virtual reality, augmented reality and mixed reality.

https://www.xrtoday.com/mixed-reality/improbable-showcases-large-scale-metaverse-tech/

The Metaverse relies on the ingenuity of firms capable of deploying serious gaming technologies to provide enterprises, clients, and users with interoperable, persistent, and secure immersive experiences.

One such company, Improbable, has developed the impossible with a breakthrough metaverse solution designed to facilitate massive-scale, concurrent user-based experiences for virtual events and gaming.

 Blockchain, Tokens & DeFi

SushiSwap Plans Reveal Top-Heavy DeFi Governance

SushiSwap, a decentralized finance project with $28 billion invested, is voting to incorporate and create governing foundations, making a centralized entity.

https://www.pymnts.com/cryptocurrency/2022/sushiswap-plans-reveal-top-heavy-side-of-defi-governance/

Decentralized finance’s (DeFi’s) reign as a crypto-libertarian tool of bypassing government control of finance took another step toward the ash heap of history this week as a leading DeFi project moved to incorporate in Panama.

SushiSwap, a leading decentralized exchange (DEX) and crypto lending platform is moving toward a vote to turn the supposedly leaderless project over to two foundations and a corporation that will provide a remarkably centralized version of decentralization.

 Crypto Trading

Wall Street is warming up to crypto

Secure, well-regulated technology infrastructure could draw more large banks to crypto.

https://www.protocol.com/fintech/paxos-edx-crypto-infrastructure

Despite a downturn in crypto markets, more large institutional investors are seeking to invest in crypto.

One factor holding them back is a lack of infrastructure for large institutions compared to what exists in the traditional, regulated capital markets.

That’s changing, as technology infrastructure for crypto starts to mature in areas ranging from security to data. One area that’s being built out is crypto trading as a service, with APIs and other products that developers and companies can use to set up crypto trading for their clients.

Metaverse & Gaming - A Little More...

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.

https://www.coindesk.com/web3/2022/10/05/warner-music-group-continues-its-web3-expansion-with-new-metaverse-job-posting/

Investing in the metaverse cannot wait, industry leaders say

At MetaBeat 2022, metaverse thought leaders offered guidance on the evolution of the technology and its implications for the enterprise.

https://venturebeat.com/virtual/metabeat-investing-in-the-metaverse-cant-wait-industry-leaders-share-advice/

Crypto gaming's shrinking market cap hasn't scared off investors

Since January 1st, gaming tokens have lost 75% of their market capitalization. Metaverse, virtual land, and gaming tokens are all negative.

https://protos.com/crypto-gamings-shrinking-market-cap-hasnt-scared-off-investors/

Blockchain, Tokens & Defi - A Little More...

Top Upcoming Binance Listings for 2022

This guide explores the best new Binance listings to keep an eye on. We consider 8 crypto coins that could explode in the coming months.

https://cryptonews.com/news/upcoming-binance-listings.htm

Quantum Computing And The Threat Posed To Bitcoin

With the rise of a new breed of quantum computers, the dominance of blockchain-powered protocols like Bitcoin could be materially challenged

https://thedalesreport.com/crypto-nfts/quantum-computing-and-the-threat-posed-to-bitcoin/

Comparing Binance Smart Chain and Ethereum

Although many disregard BSC as insignificant when compared to ETH, Binance is larger and more active than most Western news conveys.

https://protos.com/comparing-binance-smart-chain-and-ethereum/

Crypto Trading - A Little More...

Canada Firms Hit Lawsuit Failing Disclose Crypto Trading Fees

Two firms in Canada face a lawsuit following allegations they charged millions of dollars in fees despite claiming they were commission-free.

https://beincrypto.com/canada-firms-hit-with-lawsuit-for-failing-to-disclose-crypto-trading-fees/

Elon Musk May Add Crypto Payments to Twitter After Purchasing: Influential Trading Group

Here are three things that Elon Musk may change on Twitter, this influential account believes

https://u.today/elon-musk-may-add-crypto-payments-to-twitter-after-purchasing-influential-trading-group

 ESG (Environment, Social & Governance)

SEC Cracks Down on Multimillion Crypto Ponzi Targeting Latino Investors - Decrypt

Mauricio Chavez and Giorgio Benvenuto allegedly scooped $12 million through a crypto Ponzi, spending much of the money on a lavish lifestyle.

https://decrypt.co/111292/sec-cracks-down-multimillion-crypto-ponzi-targeting-latino-investors

The U.S. Securities and Exchange Commission (SEC) ordered the emergency shutdown of an ongoing fraudulent crypto offering targeting the country’s Latino community.

CryptoFX, a Texas-based firm run by Mauricio Chavez and Giorgio Benvenuto, both residents of Houston, allegedly “used the attraction and novelty of crypto assets to solicit money from unsophisticated investors,” promising vastly outsized returns on their investment, per an SEC filing released Monday.