LensLinks: Issue 42

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
December 01, 2022

Today in LensLinks:

  • Post-Bankruptcy SBF Interview

  • Deloitte Predictions for 2023 (AI, Video, Chips)

  • Will the Metaverse be the Top Avenue for Cyberattacks 2023?

  • Shiba Inu Lags Dogecoin - Will it catch up?

  • What About Wrapped Bitcoin?

  • Where is Crypto Regulation at Outside the US?

  • 101: The Sandbox Evolution: What You Need to Know

  • And Much, Much, More...

QUOTABLE...

“The largest wrapped version of bitcoin on the Ethereum network, WBTC, has traded at a persistent discount to BTC since mid-November, dipping to -1.5% on Friday. While one WBTC should always be redeemable for one BTC through official merchants, the token also trades on open markets, which means its price relative to BTC can fluctuate.”

- CoinGecko

NOTABLE...

 Metaverse & Gaming

The Metaverse Could Become a Top Avenue for Cyberattacks in 2023

Expect to see attackers expand their use of current consumer-targeting tactics while exploring new ways to target Internet users — with implications for businesses.

https://www.darkreading.com/attacks-breaches/metaverse-top-avenue-cyberattacks-2023

A combination of maturing and emerging consumer-facing cyber threats could add to the many challenges that enterprise security teams will need to contend with in 2023.

Researchers at Kaspersky, looking at how the cyber threat landscape will likely evolve over the next year, expect that threat actors will expand use of many of their current tactics while exploring new avenues for attack via social media, streaming services, and online gaming platforms.

 Blockchain, Tokens & DeFi

What’s Happening With Wrapped Bitcoin on Ethereum? - Decrypt

Wrapped Bitcoin last week nearly unraveled—losing its peg to Bitcoin following the fallout of the once-dominant FTX exchange.

https://decrypt.co/115986/whats-happening-wrapped-bitcoin-ethereum

An important “wrapped” token nearly unraveled last week—the latest crypto product to be hurt by the fallout of the once-dominant FTX exchange which collapsed earlier this month.

For those who don’t know, Wrapped Bitcoin (WBTC) is the 23rd largest cryptocurrency, with a market cap of $3.5 billion. It runs on Ethereum, the leading blockchain for DeFi and NFTs, and is a token that is meant to represent Bitcoin.

Crypto Trading

Shiba Inu Lags Dogecoin, But Here's Why The Crypto Could Catch Up - SHIBA INU (SHIB/USD)

Shiba Inu (CRYPTO: SHIB) was trading flat during Tuesday’s 24-hour trading session, left behind by Dogecoin (CRYPTO: DOGE), which was spiking over 6% higher as it attempted to break up from a double inside bar pattern that

https://www.benzinga.com/markets/cryptocurrency/22/11/29895797/shiba-inu-lags-dogecoin-but-heres-why-the-crypto-could-catch-up

ZINGER KEY POINTS

Like Dogecoin, Shiba Inu has settled into an inside bar pattern on the daily chart.

Traders and investor can watch for the crypto to break from the pattern to gauge future direction.

Metaverse & Gaming - A Little More...

The Sandbox Evolution: What You Need to Know

The Sandbox Evolution is a Web3 blockchain game on Ethereum where players can build, own, and monetize their gaming experiences.

https://afkgaming.com/blockchaingames/guide/the-sandbox-evolution-what-you-need-to-know

Is Epic Games a Threat to Unity Software Stock?

Once upon a time, but not so long ago, Nanalyze covered tons of tech startups. We published dozens of lists, from the top AI startups in the United Arab Emirates (of all places) to some of the first synthetic biology startups making fake food (and now being sold in fast-food places). Starting around 2017, some of these emerging technology companies grew big enough to start disrupting their respective industries. An ensuing flood of IPOs meant retail investors could finally get a piece of the action, as some of the most exciting private tech companies went public. It all peaked in

https://www.nanalyze.com/2022/11/epic-games-unity-software-stock/

Predictions for AI, video, chips and more in 2023 | Deloitte

The new year will see AI tools for chip design, video streams with ad support, and a crowd of satellites in space, according to Deloitte.

https://venturebeat.com/ai/predictions-for-ai-video-chips-and-more-in-2023-deloitte/

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

Layer 1s Fall Back to Earth After Surge in Popularity - The Defiant

When it comes to Layer 1s there’s good news, and bad news.

https://thedefiant.io/layer-1s-fall-back-to-earth-after-surge-in-popularity

Dominica releases ‘world’s first’ national crypto token with Huobi, Tron

The Commonwealth of Dominica in the Caribbean reportedly issued its national crypto token, DMC, on Tuesday, in partnership with crypto exchange Huobi Global, TronDAO and DMC Labs.

https://finance.yahoo.com/news/dominica-releases-world-first-national-060827173.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFlQ5rTng-xDdNea6lJOZlYU1-zhY68EIsJwNNxvkPnARlx5vZ3dAKqBMfmCyEcq_6YjXRyC7PYwuUFpDYOPAaoclZqKtOXvvVlCNCYaH36BXJkWm06BIMytcXAi8ITXJcfO-Ho0WUxHrxlkKnYzOCgE_wWFNNuJBO3La2Pzjmqf

Jack Dorsey's Block sues Bitcoin.com over 'Verse' name in Europe

Legal counsel for Block sent letters to Bitcoin.com in July and August 2022 informing the company it was infringing on trademarks under German law, according to reports.

https://coingeek.com/jack-dorsey-block-sues-bitcoin-com-over-verse-name-in-europe/

Crypto Trading - A Little More...

For Clients of Bankrupt FTX: a Bit of Good News - TheStreet

The bankruptcy of Sam Bankman-Fried's cryptocurrency empire came as a shock to customers and investors.

https://www.thestreet.com/investing/cryptocurrency/for-clients-of-bankrupt-ftx-a-bit-of-good-news

Brazil Approves Bill Regulating Trading and Use of Crypto

Brazil approved a bill that aims to establish a comprehensive regulatory framework for the trading and use of cryptocurrencies in the country.

https://www.cryptotimes.io/brazil-approves-bill-regulating-trading-and-use-of-crypto/

8 Countries that Regulate Cryptocurrency Trading the Most

Cryptocurrency regulations are gradually being set to guide digital asset trading. Learn about the countries that regulate crypto today.

https://tokenist.com/8-countries-that-regulate-cryptocurrency-trading-the-most/

ESG (Environment, Social & Governance)

CrossTower To Acquire BEQUANT And Launches The Industry First ESG Crypto Fund

This is a critical moment and an exciting moment. Poor businesses are being cleaned up making the way for promising technology stacks, pure web3.0 and decentralized virtual worlds.

https://globalfintechseries.com/b2b/crosstower-to-acquire-bequant-and-launches-the-industry-first-esg-crypto-fund/

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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.