Devashish dey (@devashishdey) • Hey
Devashish dey (@devashishdey) • Hey
Publications
- Good Evening world.
- learning frontend development and starting my Day 1. I will update my progress everyday and will try to create my own dapp that's my main goal. #startingjourney
- छठ पूजा की हार्दिक शुभकामनाएं !
- #Algorand has been granted an EMI license by the Dutch 🇳🇱 Central Bank and would launch $EURD by the end of the year 👀
- Hey everyone Good Evening.
- Amazing!!!
- #THORChain becomes third-largest DEX as $RUNE surges 100% in a week 🚀
About a month back, told you to keep an eye on #RUNE 👀
Remember, on chain growth leads price action...Easy 3X 😌
Congrats to those who scooped it early 👏
- Bank of Russia to Develop Digital Ruble Payment System With the UAE
Bank of Russia’s First Deputy Governor Olga Skorobogatova stated that the system would serve individuals and businesses alike and estimated its development would take a year.
- Robinhood to launch #Bitcoin and crypto trading in the EU and UK
Slowly & then Suddenly
- good evening everyone
- Trust Wallet introduced Wallet as a Service (WaaS) to accelerate #web3 adoption.
Trust Wallet WaaS is designed for a broad range of clients, from Web3 natives and , centralized crypto exchanges, startups, and traditional enterprises to expand their offerings with decentralized solutions.
- REASON FOR #ETH pump
The iShares #Ethereum Trust has been registered in Delaware.
This move sparked speculation about #BlackRock potential plans to file for an Ethereum spot ETF.
So, after #Bitcoin ,they are coming for your #ETH
- Hey everyone Good Evening.
- Good Morning Everyone
- Hello everyone those who is facing the problem with lens any platform please share you problem in comment section.
- @lens/stani @lens/nilesh i have seen some people are not able to post on any lens platform it's just show the error that post is Already in process of creating momoka chain what it's mean how people can able to get soution please guige me sir.
- If you have seen
- #BTC crash from $69k to $15k
- #LUNA crash
- #3AC going from $18bln to $0
- #Celsius and #Voyager bankrupt
- #FTX and $FTT Meltdown
- $USDC de-peg to $0.88
- Peak #Binance FUD
- #SBF going to jail
You are a #crypto OG now.
- Good evening community.
- Write my First Smartcontract today and Deploy on Testnet.
- Thank you so much for all your comments and discussion around the "`lens score`" .
**PLEASE SHARE YOUR THOUGHTS** on 3️⃣ 👇
1️⃣ I'll reply to everyone who commented with the profile's score. (starting now :-))
2️⃣ the logic (explained in 3️⃣ :-)) I've used to calculate the score is the initial **version 0.01** and I hope **we'll be able to come up with a far better** "`lens score`" over the coming weeks and several **iterations**.
3️⃣ logic and input data
the score is calculated based on (1) comments vs posts ratio (2) paid collects as collector (3) paid collects as creator.
1 = max score, 0 = min score.
**calculation of the score**
**(**
when comment_post_ratio >= 1 and comment_post_ratio < 10 then 10
when comment_post_ratio >= 10 THEN 5
when comment_post_ratio < 1 and comment_post_ratio >= 0.5 THEN 5
when comment_post_ratio < 0.5 and comment_post_ratio >= 0.1 THEN 1
when comment_post_ratio < 0.1 THEN 0.1
+
when number_paid_collectors > 100 THEN 10
when number_paid_collectors <= 100 AND number_paid_collectors > 20 THEN 5
when number_paid_collectors <= 20 AND number_paid_collectors > 5 THEN 3
when number_paid_collectors <= 5 AND number_paid_collectors > 0 THEN 1
ELSE 0
+
when number_paid_collected > 100 THEN 10
when number_paid_collected <= 100 AND number_paid_collected > 20 THEN 5
when number_paid_collected <= 20 AND number_paid_collected > 5 THEN 3
when number_paid_collected <= 5 AND number_paid_collected > 0 THEN 1
ELSE 0
)
/ 30
** comment_post_ratio* = number comments / number posts of the profile
** number_paid_collectors* = how many people paid for the profile's collectable posts (as creator)
** number_paid_collects* = number paid collects of the profile (as collector)
4️⃣ data distribution see image attached.
Everyone with a score >= 0.5 is within the top 1.2% - based on v0.01 of the "`lens score`" :-)
(empty score: accounts without comments)
and most important I can't thank @erikamoji.lens and @xavierjo.lens enough who did an INCREDIBLE @ethglobal.lens ETHOnline hackathon and created a project addressing (web 3) social (media) **bot and spam issues** ;-).
- Hey frens back again. GM everyone.
- 🚨 #Binance currently has more than 380 assets trading on the exchange, but many of them are illiquid😳
Volume remains concentrated within the top 10 #altcoins 👀
This is one of the reasons behind recent Pump and Dumps in shit coins.
What's happening with #Binance ?🤨
- Join an exclusive Lens Online Workshop this Wednesday with @nader.lens at the Digital Identity Hackathon hosted by Encode Club and sponsored by Onyx x J.P. Morgan.
Register here: https://www.encode.club/digital-identity-hackathon
- 🇺🇿Uzbekistan Gets Ready to Tax #Crypto Transactions as it collects over $300k from #Crypto sector
Five crypto platforms are currently authorized to legally operate in the country and they have paid the said total
- 🇺🇸JPMorgan says #SEC would likely be forced to approve spot #Bitcoin ETFs following #Grayscale win
Not surprised 👀
https://www.theblock.co/post/248879/jpmorgan-bitcoin-etf-sec-grayscale
- 🚨PUBG × COSMOS
#PUBG Developers Unveil Settlus, a Cosmos-Based #Blockchain for $USDC Settlements
#Cosmos #ATOM #stablecoin
https://decrypt.co/155092/pubg-developers-unveil-settlus-a-cosmos-based-blockchain-for-usdc-settlements
- 🔵 #Coinbase layer-2 network, #BASE ...suffered a block production stall
According to a status page, the #BASE team said it identified the issue and had “deployed a fix.”
- 🇬🇧 London Stock Exchange to create traditional assets trading platform on #blockchain 👀
https://cointelegraph.com/news/london-stock-exchange-to-create-traditional-assets-trading-platform-on-blockchain
- 🇮🇳India's NPCI begins blockchain recruitment👀
🇸🇬 Singapore, 🇲🇾 Malaysia, 🇦🇪UAE , 🇫🇷France , BENELUX countries, 🇳🇵Nepal and the 🇬🇧 UK have adopted the NPCI's UPI payments system in varying degrees
- 🇬🇧 London Stock Exchange to create traditional assets trading platform on #blockchain 👀
https://cointelegraph.com/news/london-stock-exchange-to-create-traditional-assets-trading-platform-on-blockchain
- $2.5M of #FTX customer funds were used to buy a yacht for former co-CEO of Alameda Research, Sam Trabucco.
- 👀 #FTX wallets have started transferring tokens.
FTX cold wallet transfers over $10 million in tokens (LINK, SUSHI, LUNA and YFI) from #Solana to #Ethereum via Wormhole.
- GM Friends
- 🇮🇳OKX To Enter Indian #Web3 Market !
#OKX plans to scale up its wallet services "exponentially" by tapping into India's much-talked-about developer community
https://www.coindesk.com/business/2023/09/01/okx-planning-web3-foray-into-india-chief-marketing-officer-says/
- CyberConnect has formed a partnership with Alchemy Pay to have its native token $CYBER listed on Alchemy Pay’s fiat On-Ramp.
- The TVL on #BaseNetwork reached a new all-time high of $378 million📈
TVL has surged after the launch of Aerodrome, which is now sitting around $200m after a couple of days 👀
- GN friends
- "Empowering the Financial Sector: Web3 and Blockchain's Role in Digital Sovereignty"
Blockchain technology company Paxos has outlined in a blog post the ways in which Web3, the upcoming third generation of the internet, can empower businesses in the financial sector and usher in a new era of digital sovereignty. Web3 combines the decentralization of the early internet with modern functionality, and blockchain serves as the foundation for this transformation. By decentralizing infrastructure and utilizing blockchain, trust in traditional institutions can be restored, security against cybercrime can be enhanced, and data privacy can be improved. Web3 also enables individuals to control their personal data and monetize it, contributing to a more equitable digital ecosystem. Additionally, the role of cryptocurrency in Web3 is highlighted, emphasizing its potential for streamlined payments and "tokenization" which can redefine digital transactions and interactions. For instance, stablecoins, tokens pegged to national currencies, offer peer-to-peer benefits without the price volatility associated with cryptocurrencies like Bitcoin and Ethereum. Tokenization can also extend to assets like stocks, allowing users to own company shares in a crypto wallet. Paxos cites various use cases, including its issuance of a stablecoin for Binance and the emergence of tokenized stocks from companies like Backed Finance and Franklin Templeton.
- "Grayscale's SEC Victory Boosts Chances of Bitcoin ETF Approval, Says Bernstein"
Wealth management firm Bernstein suggests that the recent legal victory by Grayscale against the Securities and Exchange Commission (SEC) could increase the likelihood of the approval of a spot Bitcoin ETF. In a research report, Bernstein highlights that the win provides a clearer path for a Bitcoin ETF approval, especially given the SEC's past concerns about market manipulation. The court's decision, which favored Grayscale's argument that its GBTC product should be converted to a spot ETF, has prompted speculation about the impact of a potential ETF approval on the cryptocurrency market. Despite the positive outcome, experts note that approval is not guaranteed, and the SEC still has the right to review and potentially reject the application.
- "BlockFi Seeks Court Approval to Convert Trade-Only Crypto Assets into Withdrawable Stablecoins"
Crypto lender BlockFi has filed a motion in a US bankruptcy court to convert "trade-only" wallet assets into stablecoins that users can withdraw. These assets, which make up less than 0.5% of all wallet addresses, include cryptocurrencies like Algorand, Bitcoin Cash, and Dogecoin. These trade-only tokens are currently disabled for withdrawal due to practical limitations, and BlockFi aims to exchange them for Gemini Dollar or other stablecoins. The move is intended to facilitate a comprehensive withdrawal process for all wallet assets. The hearing date for this proposal is yet to be announced. Recently, BlockFi allowed eligible users in the US to withdraw crypto assets from their wallets. The company is also engaged in a legal dispute with FTX exchange and Three Arrows Capital over a repayment disagreement.
- Good Evening community
- "Mickey Mouse Enters the Disney Cryptoverse with $40 NFT Collection"**
Cryptoys to Release Limited-Edition NFT-Backed Toys Featuring Iconic Disney Characters*
Cryptoys, a digital toy company focused on non-fungible tokens (NFTs) and backed by Andreessen Horowitz, has unveiled plans to launch a unique collection that introduces beloved Disney characters into the realm of NFTs. The company's latest offering will feature Mickey Mouse, Minnie Mouse, and Pluto as limited-edition Cryptotoys. This move follows Cryptoys' previous successful foray into the NFT world with Star Wars-themed collectibles.
**Disney's Beloved Characters in NFT Form**
Cryptoys' collaboration with Disney brings some of the most iconic animated characters into the NFT space. The "Mickey and Friends" collection comprises 15 limited-edition digital toys, each available for $39.99. The collection is set to introduce these cherished characters—Mickey Mouse, Minnie Mouse, and Pluto—to NFT enthusiasts and collectors in September.
**Unique Rarity Structure and Special Rewards**
The "Mickey and Friends" collection follows Cryptoys' established rarity structure, which includes Common, Rare, Legendary, Grail, and Ultra Grail rarity levels. Collectors who complete their sets will have the opportunity to receive a special Grail or Ultra Grail Sorcerer’s Apprentice Mickey, enhancing the value and exclusivity of their collections.
**The NFT Experience and Future Developments**
According to Cryptoys' CEO, Will Weinraub, the launch marks a groundbreaking way for people to experience Mickey Mouse. The digitalized toys, issued as NFTs on the Flow (FLOW) blockchain, provide a novel interaction with these beloved characters.
Cryptoys is also considering expanding its offerings to cater to a broader collector base, suggesting that more rarities will be introduced in the future.
**Past Ventures and Expanding Cryptoverse**
Cryptoys has previously ventured into NFT-backed collectibles with its Star Wars collection, featuring popular characters like Darth Vader, Luke Skywalker, and Princess Leia. The company is expanding this lineup by adding Yoda to the Star Wars collection, demonstrating Cryptoys' commitment to expanding its offerings and enhancing collectors' experiences.
The move to include Yoda is part of a gesture of appreciation towards dedicated collectors who already own the Star Wars Vol. 1 line. The addition of Yoda-themed NFTs exemplifies Cryptoys' strategy of rewarding loyal collectors and cultivating a community within the NFT space.
**Investment and Future Prospects**
The success of Cryptoys' ventures has attracted significant investment, as demonstrated by the company's $23 million Series A funding round led by a16z Crypto. Cryptoys' collaborations with major entertainment franchises like Disney and Star Wars underscore the increasing influence of NFTs in reshaping the collectibles market.
The company's ability to capture the essence of beloved characters and translate them into the NFT domain has positioned Cryptoys as a key player in bridging the gap between traditional entertainment and the rapidly evolving world of blockchain-based collectibles.
- Join us tomorrow for an exploration of @LensProtocol
We'll dive into the latest apps and APIs, and look at what's coming next in the protocol and ecosystem ⚡️
Limited signups now open here (virtual event)
🔗 https://lu.ma/d6xbbxza
Tuesday August 29
11:00am - 12:00pm ET
- Crypto exchange Binance US is teaming up with MoonPay in an attempt to regain access to a steady flow of dollars
https://www.bloomberg.com/news/articles/2023-08-22/crypto-exchange-binance-us-turns-to-moonpay-for-payments-after-us-banks-cut-ties
- Title: "Ronaldinho's Absence at Crypto Pyramid Hearing Raises Legal Questions and Regulatory Concerns"
*Subtitle: Brazilian Soccer Star Fails to Attend Hearing, Casting Light on Crypto Involvement*
**Introduction**
Brazilian soccer icon Ronaldinho's failure to appear at a parliamentary hearing focused on crypto pyramids has sparked controversy and legal discussions. The Brazilian Chamber of Deputies’ Financial Pyramids Committee had summoned Ronaldinho to address his alleged connection with the companies 18kRonaldinho and LBLV. These companies are under investigation for potentially luring investors into a cryptocurrency scam by promising daily gains of 2% or more. The use of Ronaldinho's name and image for promotional purposes has raised regulatory concerns.
**Investigating Crypto Pyramid Allegations**
Lawmakers were prompted to initiate an investigation following complaints from investors who claimed to have lost approximately $61 million due to their involvement with 18kRonaldinho. The allegations suggest that the firms exploited Ronaldinho's celebrity status to attract unsuspecting investors. In response, Ronaldinho's legal team contends that he was also a victim in this situation and asserts that he never granted permission for the use of his name or image.
**Brother's Testimony and Parliamentary Reaction**
Ronaldinho's brother attended the hearing on his behalf, indicating that Ronaldinho had been cooperating with investigations and had provided clarifications to the nation's Public Ministry. Despite this explanation, lawmakers expressed dissatisfaction with Ronaldinho's absence and hinted at the possibility of seeking a special warrant to compel his attendance at a future hearing. The situation underscores the seriousness with which authorities are treating the matter and their determination to obtain accurate information.
**Broader Context: Cryptocurrency and Athlete Involvement**
The incident involving Ronaldinho is not isolated within the realm of sports and cryptocurrency. Similar instances have arisen in the past, including the involvement of unnamed professionals in a $769 million "crypto pyramid" scheme. Earlier this year, two players faced legal action after investing in an alleged "crypto scam" on the advice of a fellow athlete's company. Ronaldinho's own collaboration with the crypto firm P00LS, resulting in the launch of the RON cryptoasset, highlights the increasing intersection between sports and the cryptocurrency landscape.
**Conclusion: A Nexus of Challenges and Regulatory Questions**
The absence of Ronaldinho at the parliamentary hearing not only raises legal questions about his involvement with the alleged crypto pyramid but also underscores the larger regulatory concerns surrounding cryptocurrency investments within the sports industry. The case serves as a reminder of the need for clearer guidelines and stricter oversight in the rapidly evolving intersection of sports, celebrity endorsements, and digital assets. As lawmakers navigate the complex landscape of crypto-related cases involving athletes, the outcome of Ronaldinho's situation may have broader implications for both the sports and cryptocurrency sectors.
- Oman's foray into the cryptocurrency realm is drawing attention due to its multi-million-dollar investments in the sector. The country, situated on the Arabian Peninsula, aims to become a digital hub and has unveiled plans to invest nearly null.1 billion in cryptocurrency mining operations. A significant portion of this investment, $300 million, has been allocated to a partnership with Abu Dhabi's Phoenix Group to develop a 150-megawatt crypto-mining farm known as Green Data City, the first licensed crypto-mining entity in Oman. Another venture involving Exahertz International has received approval for a $370 million crypto-mining farm and intends to deploy 15,000 additional machines by October.
Oman's crypto adoption aligns with a broader regional trend in the Middle East where digital currencies are finding greater acceptance. However, this embrace of crypto has triggered discussions about its compliance with Sharia law. Islamic scholars have differing opinions on whether cryptocurrency is permissible under Sharia law. Some argue against its permissibility due to its speculative nature, while others contend it can be considered halal because it doesn't involve interest collection. Despite the ongoing debate, Muslim-majority countries have been showing substantial crypto adoption rates, with the Middle East and North Africa identified as the fastest-growing crypto markets. Nonetheless, regulatory frameworks around cryptocurrencies in these nations remain fragmented, with some countries fostering favorable environments for crypto-related businesses while others impose restrictions on usage.
Oman's investments mark a significant step toward its digital aspirations, as it strives to play a notable role in the global crypto landscape.
- The Balancer Protocol, a decentralized finance (DeFi) platform, experienced an exploitation resulting in a loss of nearly $900,000. This incident occurred shortly after a significant vulnerability was identified within its Version 2 (V2) pools. The hacker behind the attack was revealed to be someone using an Ethereum address, which received transfers of Dai stablecoins amounting to $636,812 and $257,527, ultimately totaling $893,978.
Earlier, on August 22, the Balancer protocol team had warned users about the critical vulnerability affecting boosted pools. They recommended users withdraw funds from liquidity providers (LPs) and pause affected pools temporarily to mitigate potential damages. Vulnerable assets were spread across various networks including Ethereum, Polygon, Arbitrum, and more. The discovered vulnerability initially exposed only 1.4% of Balancer's total assets, equivalent to over $5 million. However, a significant portion of approximately $2.8 million (0.42% of total value locked) was still susceptible as of August 24.
To manage the situation, Balancer advised users to migrate to safe pools or withdraw their funds promptly from at-risk pools. This breach underscored the persistent security and risk challenges faced by DeFi platforms. Despite Balancer's efforts to mitigate the vulnerability's impact, the incident highlighted the importance of remaining vigilant and proactive in safeguarding assets within the DeFi space. Notably, this event occurred within a context of continued DeFi hacks, with the industry still grappling with security concerns as exemplified by a $12 million exploit on Exactly Protocol earlier in the month.
- Digital ruble scammers have targeted multiple regions in Russia, aiming to deceive citizens unfamiliar with the Central Bank Digital Currency (CBDC) system. Fraudsters have been sending emails using commercial and Central Bank logos, claiming that citizens must convert their savings to digital rubles or risk losing everything. Some scammers pose as bank officials offering participation in digital ruble trials. Both schemes attempt to gather personal and financial data by directing people to phishing sites. The scams have been reported in regions including Sverdlovsk Oblast and Murmansk. The Central Bank has warned citizens to be cautious and not to engage in such fraudulent offers. Despite the launch of the digital ruble pilot, surveys show that many Russians remain confused and skeptical about the CBDC.
- Israeli police accuses businessman Moshe Hogeg and his partners of defrauding investors of $290 million in a cryptocurrency scam
https://www.bloomberg.com/news/articles/2023-08-23/israeli-police-accuse-investor-hogeg-of-290-million-crypto-scam
- Invites have been given to a segment of Lens accounts.
See if you have invites here: https://invites.lens.xyz