LensLinks - Issue 1

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
September 19, 2022

QUOTABLE...

“Nothing about the crypto markets is incompatible with the securities laws” - Gary Gensler

NOTABLE...

Treasury: It’s time for a crypto crackdown

The White House is starting to solidify its stance on crypto.

https://tinyurl.com/38v62ekj

Six months after President Joe Biden signed an executive order demanding a whole-of-government assessment of U.S. digital asset policies, the Treasury Department and other federal agencies released a series of reports this morning that — among other things — encourage the Securities and Exchange Commission and Commodity Futures Trading Commission to “aggressively pursue” investigations and enforcement actions against crypto scams, frauds and other illegal activity in the digital assets space.

 Metaverse & Gaming

Sound On in the Metaverse: Why It's Just the Beginning for Virtual Concerts

What the future holds for artists, brands and platforms

https://tinyurl.com/yfu835st

Is this the real life? Is this just fantasy? Caught in the metaverse. Welcome to our new reality.

The metaverse is opening up a new portal for musicians and fans to experience concerts in a digital dimension. Several artists, including Lil Nas X, Charli XCX and Foo Fighters, have already hosted virtual concerts, and many more have announced upcoming shows. This year, the 64th Grammy Awards were presented in Roblox, and the MTV Video Music Awards (VMAs) debuted a new category for Best Metaverse Performance, further cementing the metaverse as a venue for artists to host concerts and tours.

 Blockchain, Tokens & DeFi

DeFi Trader Nets Over $500K by Using DEX GMX to Manipulate Avalanche Token

GMX developers capped open interest for Avalanche tokens to prevent a repeat of the strategy.

https://tinyurl.com/2j5fj8jf

A savvy crypto trader deployed millions of dollars to manipulate the prices of Avalanche’s AVAX tokens on the decentralized exchange GMX, taking up to $700,000 in profits by using a strategy that exploited a basic loophole.

GMX, like other decentralized exchanges, or DEXs, relies on smart contracts to match traders between decentralized finance (DeFi) users. Decentralized finance refers to trading activities carried out on a blockchain without the use of a third party.

The exchange allows users to trade spot and perpetual futures using its on-chain trading interface at low fees and has processed more than $45 billion in trading volume since its inception in 2021.

Crypto Trading

Crypto trading expert says Bitcoin bottom to occur ‘in Q4 this year’ as new lows loom

With Bitcoin recording a bearish streak with the rest of the market, traders are looking at the digital currency’s potential bottom.

https://finbold.com/crypto-trading-expert-says-bitcoin-bottom-to-occur-in-q4-this-year-as-new-lows-loom/

Metaverse & Gaming - A Little More...

The Metaverse, "The Merge," and Pig Butchering | theSkimm

theSkimm makes it easier to live smarter. You're welcome. Join the millions who wake up with us every morning.

https://tinyurl.com/2r8zey49

THE SANDBOX'S FIRST METAVERSE WEDDING SET IN SINGAPORE'S HISTORIC ALKAFF MANSION

1-Group, Smobler Studios and The Sandbox are taking virtual reality to the next level by utilising the metaverse not simply for gaming, but for holy matrimony. The first ever metaverse wedding was held in The Sandbox as well as in real life as a collective virtual shared space. What may not be possible or traditionally accepted in Asian weddings can now be made possible in the metaverse. This is how groom Clarence Chan, CEO of Bandwagon, and bride Joanne Tham held their 70s disco glam wedding on

https://tinyurl.com/2bvje3rp

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

Why DeFi interest rate swaps may be finance's next frontier

Already a big part of global finance, interest rate swaps can be a boon for DeFi — if it can overcome these challenges, writes Simon Jones of Voltz Labs.

https://tinyurl.com/mr3p6wsw

Crypto Trading - A Little More...

Why the Bitcoin Price is Crashing Today After Bearish CPI Data – And Why it's Not All Bad

The bitcoin price is off 4% today after US inflation data came in hotter than expect, with an annual reading of 8.3%. BTCUSD is currently priced at $21,400 as US stock market open sharply lower.

https://tinyurl.com/2p8t3kxe

Investors are 'in' to 'buy the dip' as Bitcoin and Ethereum crash, data reveals

With crypto dropping substantially over the last week, investors and traders are keen to know whether now is the time to buy the dip.

https://tinyurl.com/57yha9bn

ESG (Environment, Social & Governance)

Why Ethereum Could See huge Inflows of Fund from Institutional ESG Investors

With Ethereum’s transition to proof-of-stake now behind us, more people are pointing to the network’s environmental benefits, saying ESG-minded investors will flock to ETH as they learn more about it.

https://tinyurl.com/2p9hkdpy