Abidz Quynh Trang (@abidz) • Hey
Love you 3000 times
Publications
- Digital Currency Group (DCG) has proposed a new agreement plan for the creditors of the now-bankrupt Genesis Global that would also see Gemini Earn users recover nearly all of their claims.
In a new filing on Sept. 13, DCG outlined a plan that estimates “unsecured creditors a 70–90% recovery with a meaningful portion of the recovery in digital currencies.”
Additionally, the remuneration plan says the recovery of claims for Gemini Earn users would be projected at “approximately 95–110%” without any contribution from Gemini.
- Are real world assets set to take market share?
The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength.
The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a new kid on the block, and they go by the name of real world assets (RWAs).
**What are RWAs?**
In simple terms, RWAs are tangible assets from the physical world that interact with the blockchain. The biggest assets being represented currently are real estate, private credit, gold and U.S. treasuries. But the ceiling for expansion is almost unlimited and this is certainly an area to look out for. It is reported that the overall Total Value Locked (TVL) for DeFi is roughly $38.8 billion, with a high of around $178 billion in November 2021, which illustrates a big potential opportunity for investors.
Real estate alone is seeing fewer complications in terms of process and is also negating the need for a middleman to see the deal out. Not only does it provide a more efficient solution but it is cost-effective too.
- Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens.
Cosmos Hub, a blockchain part of the Cosmos Network, has been upgraded to launch a liquid staking module, enabling users to bypass the previous 21-day unbonding period by unstaking ATOM
ATOM
$7.10 funds.
ATOM is the native token of the Cosmos network. Before the upgrade, ATOM holders had a locking period of 21 days to move their funds after unstaking the token. With the new module, staked ATOM can be used in the Cosmos decentralized finance (DeFi) ecosystem without compromising yields from staking.
The staking process involves users holding their tokens to validate transactions and secure a blockchain network. Participants receive rewards for their contribution, similar to earning interest on a savings account.
- BNB Smart Chain Optimism-powered layer-2 opBNB hits mainnet
Binance’s Ethereum layer-2 scaling platform, opBNB, is now publicly available, following extensive testing of the OP Stack-based platform.
The BNB Chain blockchain ecosystem is set to tap into Optimism’s rollup technology, powering its newly launched opBNB layer-2 scaling platform.
BNB Chain announced the public mainnet launch of its Ethereum Virtual Machine (EVM)-compatible L2, which delivers lower gas fees and faster transactions to decentralized applications running within the ecosystem.
The opBNB platform reportedly handled over 35 million on-chain transactions and saw more than 150 decentralized applications (DApps) deployed on its testnet. BNB Smart Chain also claims that the platform achieved a peak of 4,000 transactions per second during a stress test of its capabilities.
- Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution
**The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge representing their cases has affirmed the intent of the firms to put their settlement into motion.**
https://news.bitcoin.com/bankruptcy-tussle-between-crypto-firms-ftx-and-genesis-nears-resolution/
- Swimming time.
- What exactly a chill trip
- Worldcoin's Launch Propels Optimism to Record-Breaking Daily Transaction Volume
**With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million.**
https://news.bitcoin.com/worldcoins-launch-propels-optimism-to-record-breaking-daily-transaction-volume/
- girl in the garden
- 2018-2013, that's no difference
- I miss the old season
- Learned about all the web3 lingo on @orbapp.lens app, and also got a NFT. Now I'm certified slang master 🧙
#orb #orbapp #orbsbt
- Learned about basic fundamentals of Non-Fungible Token (NFT) on @orbapp.lens app, and also got a sick NFT 🤩
#orb #orbapp #orbsbt
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
- Learned about basic fundamentals and features of @LensProtocol on the @orbapp.lens app, and got a dope NFT 🌿
#orb #orbapp #orbsbt
- Learned about basic fundamentals of crypto wallet on @orbapp.lens app, and got a sick NFT 🤯
#orb #orbapp #orbsbt
- Learned about basic fundamentals of web3 on @orbapp.lens app, and got a dope NFT 😇
#orb #orbapp #orbsbt
- A drunken night
- Robert Kiyosaki Warns Stocks, Bonds, Real Estate Will Crash as Fed Continues Rate Hikes — Advises Buy Bitcoin Before Fed Pivot
https://news.bitcoin.com/robert-kiyosaki-warns-stocks-bonds-real-estate-will-crash-as-fed-continues-rate-hikes-advises-buy-bitcoin-before-fed-pivot/
- Binance wired $500M to back Musk’s Twitter takeover — CZ
The Binance CEO said the company wired $500 million to take a share of equity as Elon Musk’s Twitter takeover is finally sealed.
https://cointelegraph.com/news/binance-wired-500m-to-back-musk-s-twitter-takeover-cz-says
- NYSE delists Twitter shares following Elon Musk acquisition
Twitter shareholders will receive $54.2 per share on their holdings as part of the deal, but Musk said earlier that he might take the company public again in three to five years.
https://cointelegraph.com/news/nyse-delists-twitter-shares-following-elon-musk-acquisition
- Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy
https://news.bitcoin.com/core-scientific-shares-downgraded-after-sec-filing-hints-at-possible-bankruptcy/
- Elon Musk Finally Closes Deal to Purchase Twitter, CNBC Reports.
Musk’s buyout occurred after a lengthy back-and-forth between the two sides.
https://www.coindesk.com/business/2022/10/28/elon-musk-finally-closes-deal-to-purchase-twitter-cnbc-reports/
- Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with
The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters.
https://cointelegraph.com/news/crypto-council-for-innovation-poll-sees-crypto-voters-as-a-force-to-be-reckoned-with
- Kava Launches Liquid Staking With Successful Mainnet Upgrade
https://cointelegraph.com/press-releases/kava-launches-liquid-staking-with-successful-mainnet-upgrade
- The Bug House 2022 in Lisbon to bring together global Web3 community
https://cointelegraph.com/press-releases/the-bug-house-2022-in-lisbon-to-bring-together-global-web3-community
- Bitcoin, Ethereum Technical Analysis: BTC Slips, Following Move Above $21,000
https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-btc-slips-following-move-above-21000/
- Economist Peter Schiff Warns the US Dollar Will Crash — Says 'We're Going to Default'
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course not. Repaying the debt is impossible. So, what’s going to happen? We’re going to default.”
https://news.bitcoin.com/economist-peter-schiff-warns-the-us-dollar-will-crash-says-were-going-to-default/
- What Bloomberg’s Crypto Opus Means for the Next Bull Market
Star finance writer Matt Levine devoted an entire Businessweek issue to crypto. That may be game over for hard-line skeptics.
https://www.coindesk.com/layer2/2022/10/26/what-bloombergs-crypto-opus-means-for-the-next-bull-market/
- How to Buy Bitcoin: A Guide to Investing in the Cryptocurrency
Has the cryptocurrency’s recent rebound piqued your interest? Here’s a primer for latecomers just now tuning in.
https://www.bloomberg.com/news/articles/2020-12-02/how-to-buy-bitcoin-btc-beginners-guide-to-investing-in-the-cryptocurrency?srnd=cryptocurrencies-v2
- Blockchain.com partners with Visa to offer crypto debit card
The launch of the new crypto debit card follows the announcement of similar products from FTX and BitOasis.
https://cointelegraph.com/news/blockchain-com-partners-with-visa-to-offer-crypto-debit-card
- The UK has a new name for stablecoins and a new bill to regulate crypto
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom.
https://cointelegraph.com/news/the-uk-has-a-new-name-for-stablecoins-and-a-new-bill-to-regulate-crypto
- Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards
https://news.bitcoin.com/blockchain-com-launches-crypto-visa-card-with-1-cashback-crypto-rewards/
- Equifax—known for huge data breach—is building a Web3 KYC solution
Equifax, which suffered a huge data breach in 2017, has partnered with privacy-centric blockchain company Oasis Labs for a decentralized ID offering for Web3 companies.
https://cointelegraph.com/news/equifax-known-for-huge-data-breach-is-building-a-web3-kyc-solution
- Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with
The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters.
https://cointelegraph.com/news/crypto-council-for-innovation-poll-sees-crypto-voters-as-a-force-to-be-reckoned-with
- Aussie federal budget reaffirms BTC won’t be treated as foreign currency
The new federal budget states that Bitcoin will fall under the “current tax treatment of digital currencies, including the capital gains tax treatment, where they are held as an investment.”
https://cointelegraph.com/news/aussie-federal-budget-reaffirms-btc-won-t-be-treated-as-foreign-currency
- Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment
https://news.bitcoin.com/goldman-sachs-ceo-sees-good-chance-of-recession-advises-investors-to-be-cautious-prepare-for-more-difficult-environment/
- Hanoi is probably the most beautiful at night
- First Mover Asia: Why Bridges Are So Vulnerable to Exploit; Bitcoin Falls Under $19K
One crypto developer says that centralization and reliance on private key holders are to blame, not the inherent technology and logic behind the bridges themselves.
https://www.coindesk.com/markets/2022/10/20/first-mover-asia-why-bridges-are-so-vulnerable-to-exploit-bitcoin-falls-under-19k/
- Long time no see
- **🌿 Rooting in Web3 — day 12 Introducing @TroopFinance**
**What is Troop?**
@TroopFinance official intro:
Create and manage a portfolio together with your frens. Collaborate on your investments while earning rewards and reputation. They are one of the grant winners from @LensProtocol , which we believe will integrate Lens in the future!
**Our opinion about** [**@TroopFinance**](https://twitter.com/TroopFinance) **(NOT FINANCIAL ADVICE):**
Troop is going to innovate how investment is done in such a way that it is practiced in the form of a "troop" or a group of your friends in a fun and engaging way.
The key highlight of Troop is "Join an investment portfolio with friends" So how does it work? 🤔 Let me walk you through it.
There are 3 important components: **
•** Rewards & Reputation **
•** Hive mind **
•** Exclusivity
More details about "How community portfolios work" in the pictures of this post.
Finally, there is a demo from [@TroopFinance,](https://twitter.com/TroopFinance) regarding how to create/join a troop:
<https://twitter.com/teapartylife/status/1555431172510851072>
**Again, not financial advice!**
If you would like to know more about [@TroopFinance](https://twitter.com/TroopFinance) project, please DYOR:
🌐 <https://troop.finance>
💬 <https://t.me/troopfinance>
- **🌿 Rooting in Web3 — day 11 Introducing SoundIt**
**What is SoundIt?**
Official intro:
[@SoundItWorld](https://twitter.com/SoundItWorld) is an audio-first social decentralized platform (dPlat) focused in disrupting the status-quo audio value chain.
They are one of the grant winners from [@LensProtocol 🌿](https://twitter.com/LensProtocol), which we believe will integrate Lens into their platform in the future!
**Our opinion about SoundIt:**
SoundIt going to revolutionize how the audio industry works in the future. SoundIt positioned in a very unique & interesting angle which to empower creators and fans to interact with each other, plus creating masterpieces together! 🤯
**Let's deep dive to understand more:**
SoundIt enables creators to create a professional studio-like environment and collaborate and generate fan engagement directly on the go.
Important key highlights to mention would be SoundIt's complete suite of tools to empower creators such as "**Blurbs**", "**Feed, Stage & Spotlight**", "**Collab**" and "**Pods**".
Finally, the last important point to cover would be the creator economy & value chain. As for the long-term, [SoundIt](https://twitter.com/SoundItWorld) is going to fix the Creator-Fan-Platform relationship model in the audio sector.
There's more to cover here.
In order to know more about [SoundIt](https://twitter.com/SoundItWorld), please do support them:
🌐 <https://soundit.com>
💬 <https://t.me/SounditWorldOfficial>
- **🌿 Rooting in Web3 — day 10 Introducing Share**
\
**What is Share?** \
Official intro: \
Share is a Web3 social writing platform where authors can publish books/articles as NFT and readers can interact with their favorite authors.\
\
**Our opinion about Share:** \
Share comes in a very unique and interesting angle to empower authors to sell their books in the form of NFT. This is something that hasn't happened before in the Web2 online bookstore. There's more ...\
\
Integrating with @LensProtocol , Share enables both the author and seller to set a price for collecting the publications via Lens protocol to further earn income for either party. 🤯\
\
The key highlight from Share is about the authors-readers will have a closer connection with each other, and hence enable readers to be an actor and synergized with the authors, which in turn will produce fantastic hybrid creativity on the final publication! 🤯\
\
**To know more about Share:** \
Do follow their socials: \
🌐 <https://theshr.xyz>\
💬 <http://discord.gg/zwaKtm3tqN>
- **🌿 Rooting in Web3 — day 9 Introducing** [**Gummys**](https://twitter.com/Gummys_io)
\
**What is Gummys?** \
Official intro:\
Gummys is a WEB 3.0-powered video and streaming platform with a fully operable product allowing users to generate income by creating, owning, and trading tokenized media content such as NFT, watching videos, and more engaging actions.\
\
**Our opinion about Gummys:** \
Gummys is going to revolutionize how we going to watch TV/video in the future. Why is that case? Because imagine we could sit at home watching TV or any video in the comfort of our home sofas, and yet we can earn income! 🤯\
\
However, it is not clear yet how Gummys is going to integrate Lens Protocol. However, we can only anticipate they will integrate the social elements into their platform, which is gonna be awesome.\
\
**Important highlights about Gummys:** \
Through Gummys privacy measures, users have peace of mind knowing that they do not need to worry about their data being sold to third parties or a data bridge as they only need a blockchain public address to use the platform.\
\
Another important mention that Gummys is a multi-award winner from various protocols! \
Such as:**\
•** 1st Prize winner at Chainlink Hackathon 2022 **\
•** Partnership with Polygon Studios\
**•** Lens/AAVE protocol Cohort 1 "The Saplings"\
\
**Do support them via their socials:**\
🌐 <https://gummys.io>\
🐦 <https://twitter.com/Gummys_io>
- 🌿 **Rooting in Web3 — day 7 Introducing Orb**\
\
**What is Orb?**
Orb is the best place to network with web3 working professionals! Decentralized professional social media app with an end-to-end on-chain credibility system; connecting companies, projects, and people; built with Lens protocol on the Polygon chain.\
\
**Our opinion about Orb:** \
Undoubtedly, [Orb](https://twitter.com/orbwagmi) is going to revolutionize how recruiter going to hire and job seekers curate their "profile" to get hired in the future!\
It is an interesting angle from Orb, imagine we don't need a CV to find a job anymore in the future! 🤯\
\
**Key features:**\
• Decentralized Professional Profile\
• Hangout with web3 community\
• Learn & get NFTs\
• Explore web3 Jobs\
\
**Interested to know more about** [**Orb**](https://twitter.com/orbwagmi)**?** \
Recently they opened early access for users to use their dApp, do check them out more below: \
🌐 **Website**: <https://orb.ac> \
💬 **Discord**: <https://discord.com/invite/mpeFuy4Bh7>
- **🌿 Rooting in Web3 — day 6 Introducing @clipto.lens**
\
**What is Clipto?** \
From Clipto official intro: Clipto is a crypto version of Cameo. You can request videos from your favorite celebrities or become a creator and make clips for your fans!\
\
**How** [**Clipto**](https://twitter.com/CliptoDAO) **is born?** \
When popular crypto Twitter star [@](https://twitter.com/gabrielhaines)gabriel.lens's application to Cameo got rejected, this motivated Gabriel to start Clipto which does not discriminate against creators and will be done in a decentralized trustless manner. 🤯\
\
**Engage to Earn**\
When creating clipto from writing/curating script, select the best creator to deliver, and ultimately performed by the creator. This promotes E2E rewards for both users and creators who have created the most engaging pieces of content in Clipto! 🤯\
\
**Direct engagement with fans!**\
Creators love Clipto because it provides them with the opportunity to engage on a personal level with their fans that value them most. Also crucial to mention, Clipto is trustless it is by definition anon friendly!\
\
**Bounty 💰👀**\
Clipto has a bounty program that can be used to entice new creators to join the platform. For example, if you want Joe Biden to say GM you could put null million into a bounty contract which can be claimed by Joe if he were to upload and mint said video.\
\
**Interested to know more about** [**Clipto?**](https://twitter.com/CliptoDAO)
Never doubt, Clipto is going to take lead and revolutionize the user-creator way of creating videos that brings impact. \
\
**Learn more:**\
🌐 <https://www.clipto.io/>\
💬 <https://discord.com/invite/fpVMmerNZm>
- **🌿 Rooting in Web3 — day 6 Introducing @clipto.lens**
\
**What is Clipto?** \
From Clipto official intro: Clipto is a crypto version of Cameo. You can request videos from your favorite celebrities or become a creator and make clips for your fans!\
\
**How** [**Clipto**](https://twitter.com/CliptoDAO) **is born?** \
When popular crypto Twitter star [@](https://twitter.com/gabrielhaines)gabriel.lens's application to Cameo got rejected, this motivated Gabriel to start Clipto which does not discriminate against creators and will be done in a decentralized trustless manner. 🤯\
\
**Engage to Earn**\
When creating clipto from writing/curating script, select the best creator to deliver, and ultimately performed by the creator. This promotes E2E rewards for both users and creators who have created the most engaging pieces of content in Clipto! 🤯\
\
**Direct engagement with fans!**\
Creators love Clipto because it provides them with the opportunity to engage on a personal level with their fans that value them most. Also crucial to mention, Clipto is trustless it is by definition anon friendly!\
\
**Bounty 💰👀**\
Clipto has a bounty program that can be used to entice new creators to join the platform. For example, if you want Joe Biden to say GM you could put null million into a bounty contract which can be claimed by Joe if he were to upload and mint said video.\
\
**Interested to know more about** [**Clipto?**](https://twitter.com/CliptoDAO)
Never doubt, Clipto is going to take lead and revolutionize the user-creator way of creating videos that brings impact. \
\
**Learn more:**\
🌐 <https://www.clipto.io/>\
💬 <https://discord.com/invite/fpVMmerNZm>
- **🌿 Rooting in Web3 — day 5 Introducing** [**@irisapp.lens 🍑**](https://twitter.com/irisappxyz)
**What is Iris?**\
Iris is a super cool social platform for web 3 creators to share exclusive content, grow a community, and own your identity.\
\
The team behind Iris is a multi-hackathon winner. They have won multiple hackathons with the other two projects. Namely: - Tempra: all-in-one instant messaging platform on-chain - Reverb: music and marketplace ecosystem, built for small artists & to incentivize creativity. 🎶\
\
The project from Iris is still very new, so we're pretty sure there will be more coming from them in the future. \
So do remember to check them out: \
· Twitter: <https://twitter.com/irisappxyz> \
· Discord: <http://discord.gg/7eyAYuvG3N>
---
Do you like this kind of post? \
We have just started our theme party. \
For the next following 7 days, we're going to introduce to you all the awesome dApps in @LensProtocol 🌿🌿🌿\
Do follow us @teaparty.lens
- **Rooting in Web3 — day 4 Introducing Lenstube 🎥**\
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**What is Lenstube?** \
Lenstube is a decentralized video-sharing social media platform, built with @LensProtocol 🌿. \
What is that really mean? 🤔 \
Let me walk you through it!\
\
In Web3, it is all about decentralized this and decentralized that. So in this context, what it really means is that a video being decentralized is being uploaded to "IPFS".
\
**What is IPFS?**\
"IPFS" or InterPlanetary File System is a protocol and P2P network for storing and sharing data in the distributed file system. This allows the same content could be retrieved from anywhere! In simple meaning, every video uploaded to [Lenstube](https://twitter.com/lenstubexyz) is going permanently forever! 🤯\
\
**What Lenstube is solving?**\
One practical major problem Lenstube is solving is a situation that happened to @lofigirl. Just recently, a video by @lofigirl has been "mistakenly" taken down due to "false copyright strikes" by Youtube.\
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**Be responsible for uploading video to IPFS**\
Well... you might be thinking it is useful and might be quite alarming at the same time. We understand... It is always been a similar situation when a new technology is invented, someone could abuse it or either use it for good.\
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In order to build an open world, we all have our parts to play and responsibility to ensure good. I'm pretty sure Lenstube already has this regulation in place and continues to improve. In decentralization, no one can't take down what you uploaded, so please be responsible!
- How far can we make my party degen #520 go? Mirror this for some spiked $TEA 🤑
Now.. what if $TEA was streaming to your wallet (up to a cap) each second that my degen was allowed to live on your feed? 👀