LensLinks: Issue 10

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
October 17, 2022

Today in LensLinks:

  • Mastercard & Bitcoin - Feel Better Yet?

  • Mango DAO $47MM Offer to Hacker

  • Does Meta "Have Legs"?

  • One Trader Predicts "248% Solana Rally"

  • Is Hometopia, "Roblox for Adults"?

  • Institutional DeFi in EU advancing?

  • And Much, Much, More...

QUOTABLE... 

“There’s a lot of consumers out there that are really interested in this, and intrigued by crypto, but would feel a lot more confident if those services were offered by their financial institutions.” 

- Jorn Lambert, Mastercard’s chief digital officer

NOTABLE...  

Mango DAO Offers Hacker $47M to Settle Without Pressing Charges - Decrypt

The hacker stole over $100 million in crypto from the Mango Markets Exchange on Tuesday, and may get to keep almost half of it.

https://decrypt.co/112016/mango-dao-solana-defi-hacker-47m-offer

The Mango DAO, a decentralized autonomous organization that manages Mango Markets, has offered the hacker a bug bounty of $47 million, meaning that the thief would be required to send back $67 million worth of tokens under the terms of the deal.

 Metaverse & Gaming

Meta's Legs Video Was a Bit of Marketing Fakery

Earlier this week at Meta Connect, Mark Zuckerberg showed off improvements to Horizon Worlds. [...]

https://comicbook.com/gaming/news/meta-legs-video-marketing-fakery-metaverse-mark-zuckerberg/

During the event, Zuckerberg showed how the company's Metaverse avatars will soon have full bodies, including legs and feet. The Meta CEO showcased this during the event, but the feature isn't set to roll out until 2023. However, it seems that the video itself was a bit of marketing fakery, and not an actual indication of the abilities of the company's VR tech. In a statement provided to UploadVR's Ian Hamilton, Meta says that the segment was created using animations and motion capture, and not the VR itself.

 Blockchain, Tokens & DeFi

Snowfallprotocol.io (SNW) Aims to Solve What Older Tokens Could Not | Bitcoinist.com

According to many experts, the crypto market is an excellent investment, but it is also unpredictable sometimes. Due to the fact that the stakes are high

https://bitcoinist.com/snowfallprotocol-io-snw-aims-to-solve-what-older-tokens-could-not/

Due to the fact that the stakes are high here, people often lose their savings and regret ever investing so much. However, that can be avoided with the right platform in the crypto market. Sure, there are many older ones like Cake DeFi and Stellar, but even they have some issues regarding their services and have become outdated in the current market. Everyone agrees that we need a better, more modern, and advanced protocol, and Snowfallprotocol.io (SNW) is here to fill the shoes. It is the new DeFi protocol, and since its launch, it has done nothing but wonders. It offers safe and cheap services, and does all that with the most freedom in the market. Don’t believe us? Take a look yourself! Let’s compare Snowfallprotocol.io (SNW) with the likes of Stellar and Cake DeFi and see how far apart they are.

 Crypto Trading

Trader Who Called 2022 Crypto Collapse Predicts 248% Rally for Solana-Based Altcoin – Here’s His Target - The Daily Hodl

A closely followed trader says that he’s investing in one Solana-based move-to-earn project with the expectation that the token will spark a series of massive rallies.

https://dailyhodl.com/2022/10/14/trader-who-called-2022-crypto-collapse-predicts-248-rally-for-solana-based-altcoin-heres-his-target/

The pseudonymous crypto trader known as Capo tells his 551,000 Twitter followers that he thinks the crypto markets will pick a direction early next month once the Federal Reserve confirms another interest rate hike.

Metaverse & Gaming - A Little More...

Japanese Gaming Firm Hunting NFT Talent To Enter The Marketplace

As many businesses advance into the NFT, Web3, and Metaverse Zones, Konami, a Japanese gaming company, joins the race.

https://bitcoinist.com/japanese-firm-hunting-nft-talent-enter-marketplace/

New Metaverse Video Game Hometopia Aims to become “Roblox for Adults”

Everyrealm is joining forces with a video game called Hometopia to launch the world’s first mainstream metaverse game for home design, building, and renovating virtual real estate. 

https://www.crypto-news-flash.com/new-metaverse-video-game-hometopia-aims-to-become-roblox-for-adults/

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

DeFi Draws Closer to Institutional Market in EU

Recent developments suggest that Decentralized Finance (DeFi) could be drawing closer to the institutional market in Europe.

https://www.pymnts.com/cryptocurrency/2022/defi-draws-closer-to-institutional-market-as-eu-eyes-automatic-blockchain-monitoring/

Fast Growing Big Eyes Coin Hits $7 Million in Presales, Edges Past Shiba Inu and Baby Dogecoin to Take Over as Best Rated Memecoin | Bitcoinist.com

The Big Eyes Coin (BIG) memecoin community is expanding daily, and this is evident as the presale event has so far generated over $7.3 million. The developers

https://bitcoinist.com/fast-growing-big-eyes-coin-hits-7-million-in-presales-edges-past-shiba-inu-and-baby-dogecoin-to-take-over-as-best-rated-memecoin/

Web3 Cybersecurity: Are Things Getting Out of Control? | eSecurityPlanet

There have been billions lost in high-profile Web3 breaches. This could threaten the growth of this emerging category.

https://www.esecurityplanet.com/trends/web3-cybersecurity/

Crypto Trading - A Little More...

Mastercard To Help Banks Offer Bitcoin And Crypto Trading

Mastercard is set to announce plans to help banks offer bitcoin and cryptocurrency trading, handling any regulatory compliance and security.

https://bitcoinmagazine.com/business/mastercard-to-help-banks-offer-bitcoin-and-crypto-trading

Bitcoin is higher to start the week but continues holding sideways pattern

Prices have held steady since rebounding from a big drop that followed the release of the latest reading on the consumer price index.

https://www.cnbc.com/2022/10/17/bitcoin-is-higher-to-start-the-week-but-continues-holding-sideways-pattern.html

 ESG (Environment, Social & Governance)

Galaxy Digital report shows 68% of carbon footprint is bitcoin mining

Galaxy Digital has released its first-ever sustainability report, revealing that 68% of the firm’s carbon footprint comes from its bitcoin mining operations.

https://finance.yahoo.com/news/galaxy-digital-carbon-footprint-bitcoin-mining-112656050.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFlQ5rTng-xDdNea6lJOZlYU1-zhY68EIsJwNNxvkPnARlx5vZ3dAKqBMfmCyEcq_6YjXRyC7PYwuUFpDYOPAaoclZqKtOXvvVlCNCYaH36BXJkWm06BIMytcXAi8ITXJcfO-Ho0WUxHrxlkKnYzOCgE_wWFNNuJBO3La2Pzjmqf

Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports.  It is not an investment recommendation or solicitation for any investment.  The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates.  Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.