LensLinks: Issue 55

Today in LensLinks:

• Does "Crypto Offer a Roadmap for Improved Stock Trading?"

• Scientists create 'skin' that lets you 'touch' things in the metaverse (yikes!)

• Alameda-Backed Ren Could be Lost

• Binance Acquires Tokocrypto / Binance US Wins Bid to Buy Bankrupt Voyager Digital

• "Gaming is The New Advertising Hotspot for Brands"

• Is the Fed's Pursuit of a 'reverse wealth effect' undermining crypto?

• And Much, Much, More...

The dispiriting thing about the Securities and Exchange Commission’s 400-page proposal to re-engineer financial markets, and the response from outside the agency, is that lawyers and economists are arguing over questions that have easy technical solutions. If we wouldn’t trust these people to design the electrical power system or build a spaceship to Mars, why should we listen to them on market rules?

The so-called WeTac glove-like device improves on existing systems that are bulky and tangled with wires.

A team led by the City University of Hong Kong (CityU) say the wireless haptic interface is worn on the hand, where ultrathin soft skin-like features let it collect ‘tactile sensation data’ to provide a vivid touch experience in the metaverse.

Ren serves as a blockchain bridge, allowing users to send tokenized versions of their crypto between networks by first depositing them to the platform.

In renBTC’s case, users lock bitcoin in RenVM to receive an ERC-20 token. This digital asset can be used across the Ethereum’s DeFi protocols, for example, before being sent back to Ren for burning, which unlocks the initial bitcoin deposit. RenBTC’s market value was more than $1 billion last November, now $15.2 million.

“Tokocrypto came from our brainchild more than four years ago. I am very proud to see every growth, slogan, and contribution the company has made to advance Indonesia's digital economy,” Pang Xue Kai, CEO & Co-founder of Tokocrypto, said in a release.

“This decision was made after careful consideration. We decided that the best step for Tokocrypto going forward is to utilize Binance's capabilities to build a further physical trading platform for crypto assets.”

Metaverse & Gaming - A Little More...

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

Crypto Trading - A Little More...

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