LensLinks: Issue 98

A blockchain news roundup, brought to you by Regiment LLC

Author

Len Pacek
February 21, 2023

Today in LensLinks:

  • Can “It (Crypto) Be Stopped”? Crypto Exec Issues Looming ‘Bull Run’ Price Prediction After $100 Billion Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Rally

  • In and Out of the Metaverse: Tencent Departs while Move Digital Commits

  • Binance Continues Market Dominance with Massive Bitcoin Spot Trading Volume

  • Hong Kong Proposes Rules for Crypto Trading Platforms

  • New YouTube CEO Is Bullish on Web3 Tech Like NFTs and the Metaverse - Decrypt

  • New research suggests that privacy in the metaverse might be impossible

  • Jamie Thomson, CEO of Vulcan Forged, on The Future of Blockchain Gaming and Growing a Company from 1-120 Employees

  • 101: What is the network effect?

  • Crypto giant Binance mulling U.S. retreat as regulatory crackdown escalates

  • How Big Money is Backing the Asian Tiger to Lead the Crypto Market Recovery

  • The Singularity: “A.I. Is ‘One of the Biggest Risks' to Civilization” - Musk

  • And Much, Much, More… (whew!)

QUOTABLE

❝

ETH is Bitcoin Killer.

Solana is ETH Killer.

Soon,.........is Solana Killer.

In crypto, narratives keep changing every now and then.

The basic parameter to find a winner in the crypto space is to see the "network effect".

Kashif Raza @simplykashif

NOTABLE

‘It Can’t Be Stopped’—Crypto Exec Issues Looming ‘Bull Run’ Price Prediction After $100 Billion Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Rally

The cofounder of bitcoin and crypto exchange Gemini, Cameron Winklevoss, has issued a "bull run" price prediction—warning the U.S. can either "embrace [crypto] or be left behind"...

www.forbes.com/sites/digital-assets/2023/02/20/it-cant-be-stopped-crypto-exec-issues-looming-bull-run-price-prediction-after-100-billion-bitcoin-ethereum-bnb-xrp-cardano-dogecoin-polygon-and-solana-rally/?sh=5858f8e243dc

Metaverse & Gaming

Kristof Schöffling's Move Digital Commits Entire Resources

Move Digital is committing fully to the development and deployment of cutting-edge Metaverse and GameFi applications for the consumer market in 2023. CEO and founder of the longstanding blockchain advisory company Kristof Schöffling anticipates that we are on the brink of mainstream adoption of Metaverse gaming environments and is aligning his company's resources to fully prepare for this inevitability.

martechseries.com/technology/kristof-schofflings-move-digital-commits-entire-resources-to-metaverse-and-gamefi-development

Tencent Becomes Latest Gaming Company to Back Away from the Metaverse

The company is known for gaming software, so its move to hardware was a novel realignment. Now it appears it's backing away from that commitment due to the technology's uncertain future.

www.extremetech.com/gaming/343220-tencent-becomes-latest-gaming-company-to-back-away-from-the-metaverse

Blockchain, Tokens & DeFi

Binance Continues Market Dominance with Massive Bitcoin Spot Trading Volume

The spot trading volume of Binance has hit nearly 100% after continued growth in Q1 of 2023.

www.bsc.news/post/binance-continues-market-dominance-with-massive-bitcoin-spot-trading-volume

Crypto Trading

Hong Kong Proposes Rules for Crypto Trading Platforms

Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.

www.coindesk.com/policy/2023/02/20/hong-kong-proposes-rules-for-crypto-trading-platforms

Metaverse & Gaming - a little more…

New YouTube CEO Is Bullish on Web3 Tech Like NFTs and the Metaverse - Decrypt

Neal Mohan has said that NFTs could enable “creators to build deeper relationships with their fans.”

decrypt.co/121715/new-youtube-ceo-neal-mohan-web3-nfts-metaverse

New research suggests that privacy in the metaverse might be impossible

Protecting privacy in the metaverse is critical, and it's shocking how little data is needed to uniquely identify a user in the metaverse.

venturebeat.com/virtual/new-research-suggests-that-privacy-in-the-metaverse-might-be-impossible

Blockchain, Tokens & DeFi - a little more…

Jamie Thomson, CEO of Vulcan Forged, on The Future of Blockchain Gaming and Growing a Company from 1-120 Employees | Ep. 205

cryptonews.com/exclusives/jamie-thomson-ceo-of-vulcan-forged-on-the-future-of-blockchain-gaming-and-growing-a-company-from-1-120-employees-ep-205.htm

DAOs Growth in Light of Regulatory Uncertainty

Decentralized Autonomous Organizations (DAOs) have experienced rapid growth in recent years, fueled by the growing popularity of blockchain technology and the potential for new forms of decentraliz...

www.financemagnates.com/cryptocurrency/education-centre/daos-growth-in-light-of-regulatory-uncertainty

What is the network effect?

Cryptocurrencies gain value and utility as more people use them, generating a positive feedback loop that draws in more users.

cointelegraph.com/news/what-is-the-network-effect

Reuters: Binance.US Used Money Maker Run by CZ

New reports question the independence of Binance.US and call into question the access of Binance CEO CZ.

www.bsc.news/post/reuters-binanceus-used-money-maker-run-by-cz-in-201

Crypto Trading - a little more…

How Big Money is Backing the Asian Tiger to Lead the Crypto Market Recovery

Industry experts are betting on a new bull run with Asian money as countries like Hong Kong envision becoming a crypto hub.

beincrypto.com/hong-kong-lead-crypto-bull-run

Crypto giant Binance mulling U.S. retreat as regulatory crackdown escalates

The operator of the world’s largest crypto exchange is weighing the retreat amid intense regulatory scrutiny from authorities.

www.latimes.com/business/technology/story/2023-02-20/crypto-giant-binance-mulling-u-s-retreat-as-regulatory-crackdown-escalates

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

Elon Musk, Who Co-Founded Firm Behind ChatGPT, Warns A.I. Is ‘One of the Biggest Risks' to Civilization

ChatGPT “has illustrated to people just how advanced AI has become,” according to Musk.

www.nbcchicago.com/news/business/money-report/elon-musk-who-co-founded-firm-behind-chatgpt-warns-a-i-is-one-of-the-biggest-risks-to-civilization/3073150/#:~:text=billionaire%20Elon%20Musk.-,%22One%20of%20the%20biggest%20risks%20to%20the%20future%20of%20civilization,great%20capability%2C%22%20Musk%20said.

ESG (Environmental, Social & Governance)

List of top Bitcoin Female Founded Companies - Crunchbase Hub Profile

Companies and startups with a woman founder in the bitcoin space.

www.crunchbase.com/hub/bitcoin-female-founded-companies

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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.