LensLinks: Issue 17

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
October 26, 2022

Today in LensLinks:

  • Wealthy crypto believer and incoming UK PM Rishi Sunak

  • Why the DeFi World Can't Have Nice Things: Polygon-Based DeFi Platform Closes Lending Service after Exploit

  • Israel prepares for blockchain-based digital state bond

  • 101: Metaverse Companies: Who’s Involved and Who’s Investing in 2022

  • Stablecoin regulation could spell the beginning of the end for DeFi

  • Gaming, Giving, Grinding: The World of Charitable Crypto Projects

  • And Much, Much, More...

QUOTABLE...

“It’s my ambition to make the U.K. a global hub for crypto-asset technology, and the measures we’ve outlined […] will help to ensure firms can invest, innovate and scale up in this country. This is part of our plan to ensure the U.K. financial services industry is always at the forefront of technology and innovation.”

- Incoming prime minister of the United Kingdom, Rishi Sunak

NOTABLE...

Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT

Rishi Sunak, the United Kingdom’s young and rich new prime minister, had a track record of firm support for digital assets as chancellor of the exchequer.

https://cointelegraph.com/news/wealthy-crypto-believer-and-incoming-uk-pm-rishi-sunak-once-commissioned-a-royal-nft

The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles. He is also a firm crypto supporter.

 Metaverse & Gaming

Tactile technologies to take sense of touch to the Metaverse

Real hugs are coming to the Metaverse as researchers have developed a wearable system which can reproduce the sensation of touch in virtual environments

https://technologymagazine.com/articles/tactile-technologies-to-take-sense-of-touch-to-the-metaverse

Online shoppers will be able to feel products in the Metaverse thanks to a new system which allows users to touch virtual items and receive tactile feedback in real time.

The research team co-led by City University of Hong Kong (CityU) developed a wearable tactile rendering system, which can mimic the sensation of touch sensation with a resolution and response rate far greater than any previously developed.

 Blockchain, Tokens & DeFi

Polygon-Based DeFi Platform QuickSwap Closes Lending Service After Exploit

Over $220,00 in tokens was stolen on Monday with the use of a flash loan.

https://www.coindesk.com/tech/2022/10/25/polygon-based-defi-platform-quickswap-closes-lending-service-following-exploit/

Crypto Trading

Bitfinex Beat Binance, Coinbase for Bitcoin-Pound Trading Volume Last Month - Decrypt

Of all crypto exchanges, including Coinbase and Binance, Bitfinex benefitted the most from the currency chaos in the UK last month.

https://decrypt.co/112836/bittrex-beat-binance-coinbase-for-bitcoin-pound-trading-volume-last-month

Metaverse & Gaming - A Little More...

Metaverse Companies: Who's Involved and Who's Investing in 2022

The metaverse has got a lot of hype recently, but which companies are involved, and who's spending the big bucks on metaverse projects?

https://tech.co/news/metaverse-companies-whos-involved-whos-investing

OVER announces 7th edition of ARwards for most iconic Metaverse environments

OVER, the decentralized infrastructure for an open, AR-enabled Metaverse, has announced the 7th edition of a fully revamped OVER ARwards called the Venue Design Contest.

https://cointelegraph.com/press-releases/over-announces-7th-edition-of-arwards-for-most-iconic-metaverse-environments

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

Stablecoin regulation could spell the beginning of the end for DeFi

Ever since the concept of decentralized finance (DeFi) came to the forefront of the crypto space back in 2020, critics (including me) have noted that much of this sector is decentralized in name only.

https://cryptoslate.com/stablecoin-regulation-could-spell-the-beginning-of-the-end-for-defi/

Israel's Government and Tel Aviv Stock Exchange Preparing to Issue Digital State Bond

The Israeli government and TASE are partnering with Fireblocks and VMWare to perform live testing of a new blockchain-based platform

https://www.coindesk.com/policy/2022/10/19/israels-government-and-tel-aviv-stock-exchange-preparing-to-issue-digital-state-bond/

Ethereum's Merge won't stop its price from sinking

Ethereum became deflationary after its September Merge. But for now, it's not going to make much of a difference.

https://cointelegraph.com/news/ethereum-s-merge-won-t-stop-its-price-from-sinking-without-more-users

Crypto Trading - A Little More...

Why Is Binance Dominating Crypto Trading Volume?

Binance exchange has more trading volume than all the exchanges combined in the last 24 hours. Why are traders preferring Binance?

https://beincrypto.com/why-is-binance-dominating-both-spot-and-futures-trading-volume/

Ethereum Breaks Out of Month-Long Range

Ethereum is currently up 8.5% in the last 24 hours. A weak dollar and strong stock indices may be to thank.

https://cryptobriefing.com/ethereum-breaks-out-of-month-long-range/

ESG (Environment, Social & Governance)

Gaming, Giving, Grinding: The World of Charitable Crypto Projects ApeCoin, Dogeliens and Shiba Inu | Bitcoinist.com

In 2022, blockchain projects have taken on dimensions far beyond anything predicted when Satoshi Nakamoto engineered Bitcoin (BTC) in 2008, changing the world

https://bitcoinist.com/gaming-giving-grinding-the-world-of-charitable-crypto-projects-apecoin-dogeliens-and-shiba-inu/

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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.