LensLinks: Issue 256

1.6M scam, Web3 game project hires actors as execs, brought to you by Regiment LLC

Author

Len Pacek
October 23, 2023

Today in LensLinks:

  • Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam

  • Japanese Gaming Giant Bandai Namco Halts Gundam Metaverse Downloads – What's Going On?

  • All About Wrapped Cryptocurrency Tokens Explained

  • Crypto Influencers and ‘Degenerates’ Flock to Sam Bankman-Fried’s Trial

  • Upland raises $7 million for virtual land Web3 metaverse - CryptoSaurus

  • DeFi and NFTs: Driving Forces of the 2024 Crypto Landscape

  • Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?

  • Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?

  • Bitcoin Is Rallying Again With $30,000 in Sight. Why Traders Are Bracing for a Pullback.

  • Crypto Giant Grayscale Submits Critical Filing on the Road To Launch Potential Spot Bitcoin ETF - The Daily Hodl

  • Binance withdrawals spike to $1.4B in 24 hours amid continued executive departure and regulatory struggles

  • Singularity: Eureka! NVIDIA Research Breakthrough Puts New Spin on Robot Learning | NVIDIA Blog; What Is AI-Backed Robotics, And Why Does It Matter?; Foxconn, NVIDIA to Build Factories for the 'AI Industrial Revolution';

  • And Much, Much, More…

#regimentco #

QUOTABLE

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“The government thinks I’m dead. But he said he felt compelled to show up for “technically sort of like the trial of the century.”

- Taco, a crypto streamer

NOTABLE

Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam

FinSoul was first announced by Fintoch, which claimed it to be a Web3 gaming project.

cointelegraph.com/news/web3-game-project-allegedly-hired-actors-to-pose-as-executives-in-exit-scam

Metaverse & Gaming

Japanese Gaming Giant Bandai Namco Halts Gundam Metaverse Downloads – What's Going On?

Japanese game publisher Bandai Namco has suspended downloads of its recently launched Gundam Metaverse amid rumors of a major leak.

cryptonews.com/news/japanese-gaming-giant-bandai-namco-halts-gundam-metaverse-downloads-whats-going-on.htm

Blockchain, Tokens & DeFi

All About Wrapped Cryptocurrency Tokens Explained

A wrapped crypto token is like a digital copy of a cryptocurrency that fosters utility on different blockchains.

techreport.com/cryptocurrency/wrapped-cryptocurrency-tokens

Crypto Trading

Crypto Influencers and ‘Degenerates’ Flock to Sam Bankman-Fried’s Trial

The presence of crypto YouTubers, podcasters and commentators at the FTX founder’s fraud trial has created something of a culture clash in the courtroom.

www.nytimes.com/2023/10/20/technology/crypto-influencers-degenerates-sam-bankman-fried-trial.html

Metaverse & Gaming - a little more…

Upland raises $7 million for virtual land Web3 metaverse - CryptoSaurus

GamesBeat Next unites gaming industry leaders for exceptional content, networking and deal-making opportunities. Join us in San Francisco October 23-24.

cryptosaurus.tech/upland-raises-7-million-for-virtual-land-web3-metaverse

Blockchain, Tokens & DeFi - a little more…

DeFi and NFTs: Driving Forces of the 2024 Crypto Landscape

As we step into 2024, it’s clear that the cryptocurrency landscape is evolving at a breakneck pace. Two trends are emerging as the primary forces driving this shift: DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens).

www.analyticsinsight.net/defi-and-nfts-driving-forces-of-the-2024-crypto-landscape

Lido Finance Fees Exploding, Should Comparatively Low Revenue Be A Concern?

Lido Finance monthly fees continue to rise despite relatively low revenue collected. The protocol allows for convenient Ethereum staking.

www.newsbtc.com/news/defi/lido-finance-fees-exploding-low-revenue

Crypto Trading - a little more…

Bitcoin Is Rallying Again With $30,000 in Sight. Why Traders Are Bracing for a Pullback.

Bitcoin BTCUSD and other cryptocurrencies advanced on Friday, continuing the momentum from a rally that began a week ago—but traders may be positioning for a pullback as optimism behind a recent catalyst remains somewhat shaky.

www.barrons.com/articles/bitcoin-stocks-today-rallying-75eebd87

Crypto Giant Grayscale Submits Critical Filing on the Road To Launch Potential Spot Bitcoin ETF - The Daily Hodl

Crypto giant Grayscale just filed a new registration statement with the U.S. Securities and Exchange Commission (SEC) as it bids to convert its flagship Bitcoin (BTC) Trust product into a spot Bitcoin exchange-traded fund (ETF).

dailyhodl.com/2023/10/20/crypto-giant-grayscale-submits-critical-filing-on-the-road-to-launch-potential-spot-bitcoin-etf

Binance withdrawals spike to $1.4B in 24 hours amid continued executive departure and regulatory struggles

Cryptocurrency exchange Binance experience around $1.4 billion in withdrawals during the last 24 hours, per DeFillama data.

cryptoslate.com/binance-withdrawals-spikes-to-1-4b-in-24-hours-amid-continued-executive-departure-and-regulatory-struggles

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

Eureka! NVIDIA Research Breakthrough Puts New Spin on Robot Learning | NVIDIA Blog

A new AI agent developed by NVIDIA Research that can teach robots complex skills has trained a robotic hand to perform rapid pen-spinning tricks — for the first time as well as a human can.

blogs.nvidia.com/blog/2023/10/20/eureka-robotics-research

Council Post: What Is AI-Backed Robotics, And Why Does It Matter?

AI-backed robotics could eventually even make the concept of "planet and people over profit" a reality.

www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2023/10/20/what-is-ai-backed-robotics-and-why-does-it-matter/?sh=42bf531c2825

Foxconn, NVIDIA to Build Factories for the 'AI Industrial Revolution'

The companies will focus on digitalization in manufacturing AI-powered EV and robotics platforms.

www.manufacturing.net/operations/news/22876806/foxconn-nvidia-to-build-factories-for-the-ai-industrial-revolution

ESG (Environmental, Social & Governance)

Phemex COO Spills the Beans in Exclusive Interview: Soulbound Tokens Set to Make Crypto Trading Safer Than Ever

Join us as we delve into an exclusive interview with Stella Chan, the COO of Phemex exchange, to discover how their groundbreaking Soulbound Token technology is revolutionizing crypto exchange security

u.today/phemex-coo-spills-the-beans-in-exclusive-interview-soulbound-tokens-set-to-make-crypto-trading

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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.