LensLinks: Issue 97

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
February 20, 2023

Today in LensLinks:

  • Crypto Satire: El Salvador To Mint Its Constitution as Ordinal NFT. There are loads of opinions about it…

  • Metaverse layoffs continue to mount as Tencent dismisses 300 employees

  • BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data

  • Your Crypto Is Not As Safe As You Think

  • Interpol wants to police metaverse crimes, reveals secretary general

  • First Mover Asia: Crypto Momentum Falters as Bitcoin Retreats to $23.6K

  • Norwegian police recover $5.9m crypto stolen by North Korea

  • Researcher Reveals Largest Altcoin Holdings By Crypto VCs

  • And Much, Much, More…

QUOTABLE

❝

"We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities, most notably for LUNA and Terra USD. We also allege that they committed fraud by repeating false and misleading statements to build trust before causing devastating losses for investors."

- SEC chair Gary Gensler

SATIRE

El Salvador To Mint Its Constitution as Ordinal NFT

SAN SALVADOR — Earlier today, El Salvador’s government announced that it will mint a copy of their country’s Constitution as an NFT on the bitcoin blockchain.

therug.mirror.xyz/QJEFEko7B1dcjfLR8OQemVDpBlXsUS6lriTb7Oh0usU

Metaverse & Gaming

Metaverse layoffs continue to mount as Tencent dismisses 300 employees

Tencent announces that the company is reevaluating its approach to developing its metaverse offering and scrapping plans to launch virtual reality hardware.

www.kitco.com/news/2023-02-17/Metaverse-layoffs-continue-to-mount-as-Tencent-dismisses-300-employees.html

Blockchain, Tokens & DeFi

BlockTower Capital Loses $1.5M in DeFi Market Aggregator Dexible Exploit: Blockchain Data

The hacker exploited a weakness in a smart contract code, allowing them to drain funds from certain crypto wallets. Crypto “whales” accounted for 85% of the losses.

www.coindesk.com/tech/2023/02/17/blocktower-capital-loses-15m-in-defi-market-aggregator-dexible-exploit-blockchain-data

Crypto Trading

Your Crypto Is Not As Safe As You Think

Security is a spectrum. Where are you holding your ETH?

newsletter.banklesshq.com/p/your-crypto-is-not-as-safe-as-you

Metaverse & Gaming - a little more…

AR and VR Display Market Report 2023: Increasing Demand for OLED Displays in AR and VR Devices Bolsters Growth

Dublin, Feb. 17, 2023 (GLOBE NEWSWIRE) -- The "AR and VR Display Market by Device Type (AR HMDs, VR HMDs, AR HUDs, VR Projectors), Technology, Display...

www.globenewswire.com/news-release/2023/02/17/2610772/0/en/AR-and-VR-Display-Market-Report-2023-Increasing-Demand-for-OLED-Displays-in-AR-and-VR-Devices-Bolsters-Growth.html

Interpol wants to police metaverse crimes, reveals secretary general

The move to police the metaverse comes nearly four months after the international organization launched its own metaverse in October 2022

cointelegraph.com/news/interpol-wants-to-police-metaverse-crimes-reveals-secretary-general

Blockchain, Tokens & DeFi - a little more…

GQ Magazine to Launch Its First NFT Collection Linked to Real-World Rewards

Holders of the inaugural GQ3 collection will have access to a magazine subscription, merchandise and live events.

www-coindesk-com.cdn.ampproject.org/c/s/www.coindesk.com/web3/2023/02/16/gq-magazine-to-launch-its-first-nft-collection-linked-to-real-world-rewards/?outputType=amp

Lee Kohn, the Head of the RSTAKING Platform Talks WEB3, Staking, Crypto | Bitcoinist.com

Today we are going to articulate about staking and solicit Lee Kohn, the Head of the security department of the staking platform, known as RSTAKING.

bitcoinist.com/lee-kohn-the-head-of-the-rstaking-platform-talks-web3-staking-crypto

First Mover Asia: Crypto Momentum Falters as Bitcoin Retreats to $23.6K

ALSO: Sam Reynolds considers a rising trend of crypto startups postponing their token launches, part of the fallout from the collapse of crypto exchange FTX and its trading arm Alameda Research.

www.coindesk.com/markets/2023/02/17/first-mover-asia-crypto-momentum-falters-as-bitcoin-retreats-to-236k

Crypto Trading - a little more…

Norwegian police recover $5.9m crypto stolen by North Korea

Meanwhile South Korea's Do Kwon is sought for fraud by US authorities

www.theregister.com/2023/02/17/norwegian_authorities_found_59_million

Researcher Reveals Largest Altcoin Holdings By Crypto VCs

Researcher Thor Hartvigsen presents the eight largest VCs, their largest crypto holdings and recent investments.

bitcoinist.com/researcher-largest-altcoin-holdings-crypto-vcs

Retro:
A look back at how far we’ve come

The US Congress Is Starting to Question This Whole Crypto Thing

Think Washington lawmakers have what it takes to tackle the volatile world of cryptocurrencies? Neither do they. A look back to November 2022.

www.wired.com/story/us-congress-ftx-cryptocurrency-regulation

ESG (Environmental, Social & Governance)

How crypto failed Black investors

The American financial system has long fallen short for Black communities. Crypto is just another iteration.

www.vox.com/the-goods/23599845/crypto-bitcoin-black-investors-ftx-freedmans-bank-civil-war

Dear reader: You made it to the bottom. How about forwarding LensLinks to a friend or reposting/re-tweeting? Click the handy links at the top to do so easily. Thanks for reading.

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.