Pol ◱ ◱ (@polposalt) • Hey

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**The market capitalization of USDT has reached $83.1 billion, which is 65.89% of the stablecoin market.** Tether has become the only stablecoin whose market share has been growing all the time. By comparison, USDC has declined from 34.88% to 23.05% over the past 12 months, BUSD has fallen from 11.68% to 4.18%, and DAI has fallen from 4.05% to 3.66%. https://en.cryptonomist.ch/2023/05/29/dominance-tether-stablecoin/
See through our Lens
**Beijing plans to become the world center of the digital economy.** The Beijing Municipal Science and Technology Commission called Web3 "an inevitable trend for the future development of the Internet industry" and issued a white paper "on innovation and development of Web3." As part of this strategy, Chaoyang District will invest about $14 million annually until 2025. https://www.thepaper.cn/newsDetail_forward_23250778
Today marks our 1 Year Anniversary of making friends onchain 🎂! Thank you to everyone who has made the first year of Lens Protocol so special and groundbreaking. Lens has brought together builders, creators, communities, and friends, all while in beta. There's so much planned for the second year ahead, and we can't wait to continue to grow with all of you. Who did you become frens with on Lens? 🎨 by @nftsushi.lens and all collect proceeds go directly to the artist.
Introducing Bonsai, an Optimistic L3 scaling solution, that will process transactions at hyper-scale, and is designed to support the next generation of web3 social users. Available for Lens devs in closed beta today. Data availability layers are utilized to prevent storing information on-chain. While content on Lens may include an on-chain transaction, the content data is linked to a data availability location, like Bonsai. Bonsai serves as a scaling solution that processes Polygon transactions off-chain, achieving hyperscale and reducing costs. Unlike L2 solutions, Bonsai doesn't compress transactions into L1, it sends and stores them on a data availability layer. The main challenge for decentralized social networks is to ensure that users have control over their content, while still being just as user-friendly as traditional social networks. Bonsai makes the future of decentralized social possible. We've worked relentlessly with the @bundlr-network.lens work and Arweave teams to ensure scalability by providing Data Availability (DA) guarantees, allowing the use of Ethereum Virtual Machine (EVM)-supported wallets to save DA logic and facilitating the rapid publishing of data. Permissionless innovation is at the core of everything we do on Lens. As we approach one year on mainnet (still in beta), we have been blown away by the talent and passion in our dev community but we realize in order to scale to the masses, we need to build new solutions. Bonsai is currently only being beta tested on @lensterxyz. We look forward to seeing more applications roll out Bonsai. Dive into the dev docs here: https://docs.lens.xyz/docs/data-availability-post Explore: bonsai.lens.xyz Read our latest blog here: https://mirror.xyz/lensprotocol.eth/3Hcl0dGE8AOYmnFolzqO6hJuueDHdsaCs3ols2ruc9E
**Coinbase will launch an exchange outside the US, probably as early as next week.** The company chose Bermuda as the place of registration of the new exchange. On April 19, the exchange released an official statement announcing that it had received a license to operate from the Bermuda Monetary Authority. https://www.coinbase.com/blog/an-update-to-coinbases-global-scale-to-go-broad-and-deep
**Coinbase has announced the listing of the Flare token ($FLR).** Platform users have been waiting for this event since December 12, 2020, when the exchange announced a Flare airdrop for all XRP holders on Coinbase. Trading of the token will be available as soon as there is sufficient liquidity and after the airdrop distribution is completed. Cryptocurrency will be added to Coinbase with the label "Experimental", which is used for new or low-liquid assets. https://twitter.com/CoinbaseAssets/status/1645816583023910912?s=20
おはよう @ethglobal.lens Tokyo! 🇯🇵 The Lens team is on the ground and we're so excited to bring the social layer of web3 to Japan. We have $20k in prizes for the hackathon! 🥇 1st $5k 🥈 2nd $3k 🥉 3rd $2k 🎖️ 10 best Lens Integrations for nullk each Lens is web3 native meaning it’s simple to build native payment features directly into your app. Mirrors, collects, follows and comments allow creators to monetize their content directly to the user, without intermediaries, and in a permissionless way. Premium content, token-gated rewards, tipping, crowdfunding, subscription services, referral, and affiliate programs are just a handful of the countless types of integrations you can build with Lens. Looking for some inspiration? - We're still in the early innings of AI and ML and want to see more devs utilizing the latest innovations from OpenAI, Replicate, HuggingFace, LangChain, and Dust just to name a few. Imagine the possibilities when web3 social intersects with AI/ML 🤯 - You could use AI/ML to analyze a user’s feed over the course of a few days and condense it into a single view so they can visit less often and still be up to date with what’s the latest and greatest. - Or create a social learning platform that uses AI to create personalized learning paths for users. It could assess users' knowledge levels, recommend relevant learning materials, and provide real-time feedback and guidance. - You could use Lens profiles specifically for your gaming identity. Imagine your in-game items and high scores attached to your Lens profile and you curate a Lens leaderboard for the community. - Bust a move! Build an app that lets users participate in virtual dance-off challenges. Users can record and upload their dances, challenge friends or random users, and compete for the elusive best dancer on Lens title 💃🕺 - Build a community app for @galverse.lens on Lens that utilizes the Splits for Collects feature (https://docs.lens.xyz/docs/create-post-typed-data#multirecipientfeecollectmodule) and you'll help with the development of the anime, character design, story, and more. - Imagine using the Collect module for more exclusive content such as event ticketing. - How about building a governance forum specifically for Lens users? gm DAOs 🤔 - Calling all pet lovers out there. Create a social platform where users can showcase their pets' talents, tricks, and general awesomeness. Users can upload videos of their pets and participate in virtual talent shows, with categories like "Best Trick," and "Funniest Moment" - Want to bridge that gap from web2 social to web3? Build a site that shows you the most followed people that have used a site (maybe the 🐦 app) or help users connect their web2 account and generate a ZKP for mapping. - Or a Lens creator dashboard for tracking post analytics (engagement, collects, revenue, etc) and helping you find your 1000 true fans. - Maybe you find yourself collecting every post from one of the 100k profiles already on Lens. Create a module to “subscribe” to someone and automatically collect everything the post within certain parameters. Here are some resources to support your hackathon efforts. Dev Docs https://docs.lens.xyz/docs Hackathon Guide https://lens.xyz/hackathons Lens Integrations https://docs.lens.xyz/docs/integrating-lens Lens SDK details https://github.com/lens-protocol/lens-sdk @nader.lens will be on stage April 14th at 7:30 PM JST in the Toranomon Hills Forum, 5th Floor | Workshop Room 1, for a developer-focused session on Building Full Stack Web3 Social Applications. Reach out to @nader.lens and @jessglover.lens for any questions on the ground in Tokyo. And make sure to stop by the Lens booth. Show us what you're building and you just might get some exclusive swag.
**FTX's new management, led by CEO John Ray III, today released its first interim report on governance failures on the bankrupt exchange.** The 45-page report details FTX's inconsistent accounting records, near-missing cybersecurity tools, and lack of competence in key areas such as finance. One of the more notable moments involved Alameda Research. Former CEO Sam Bankman-Fried spoke of Alameda as a non-auditable company in internal communications: “Alameda is non-auditable. I don't mean that 'a large accounting firm will have limitations in auditing it'; I mean, 'we can only roughly determine what balances he has, let alone something like a full transaction history.' Sometimes we find $50 million of assets that are lost in the accounts; that is life". https://www.prnewswire.com/news-releases/ftx-debtors-release-report-on-ftx-groups-control-failures-301792891.html
https://lensport.io/ experience is getting better and better
**Coinbase CEO Brian Armstrong has confirmed that his exchange is integrating the Bitcoin Lightinig Network.** In response to a message from one of the users, Brian wrote: "... Lightning is great, we will integrate it." https://twitter.com/brian_armstrong/status/1644794656570617856?s=20
**1800 ETH (~ $3.3 million) was stolen from the wallet of one of the users of the SushiSwap exchange.** The decentralized exchange team discovered a vulnerability in the Route Processor2 smart contract responsible for routing trade, as a result of which hackers stole about 1800 ETH from the account of the co-founder of the bankrupt QuadrigaCX exchange, Michael Patrin. An alleged white hat hacker named Trust tweeted that he was the first to discover this vulnerability and withdrew Patrin's 100 ETH in order to return them later. However, the attackers traced the attack vector and repeated it. https://twitter.com/trust__90/status/1644900643608358913?s=20
**Looks like the whales won't stop buying Arbitrum 😬** Another big capital bought ARB for $500,000. Average purchase price null.18. He buys this coin for half a million dollars almost every day for several weeks. This address currently holds this coin for $12.9 million. As you can see, Arbitrum is almost the most bought coin among big capitals in recent times, as soon as it started trading, the whales began to buy it for tens of millions of dollars every day.
🏴‍☠️🍣 #SUSHI SushiSwap: A plan is being developed to return the rescued funds. When this is completed, it will be announced via an announcement on Sushi Twitter and Discord. The development team will identify all addresses affected by the RouteProcessor2 exploit. If your funds were stolen, check if they went to this address: 0x74Ebb8e8d0B0cc65F06040EB0f77B5DA0e33fFeE. If yes, then they have been saved and will be back to you soon! If they've gone somewhere else, they've probably been stolen, so send your details to security@sushi.com for help. The user interface has been updated to remove the affected contract, so if you have revoked access before, you can now continue trading
**The bitcoin white paper is probably hiding in every modern version of the macOS operating system.** This conclusion was made by programmer Andy Baio, who discovered it on his computer while trying to fix a wireless printer. In the settings, Baio found a new Virtual Scanner II device that showed a photo. When Baio changed the media type from "Photo" to "Document", Nakamoto's official document appeared. The white paper opened on every device tested by Baio, his friends, and Cointelegraph. Baio suggested that it was "just a handy, lightweight, multi-page PDF for testing purposes that was never meant to be viewed by end users." https://cointelegraph.com/news/bitcoin-s-whitepaper-is-apparently-hiding-in-apple-s-modern-macos
Tune in next week! 🏏 [Phaver 🦄 on Twitter](https://twitter.com/phaverapp/status/1641798524864978947) “Just in time for the @IPL sports league we have an AMA discussion with @colexionNFT 🏆 They're changing things up in the fantasy sports gaming world with @0xPolygon NFTs 🤝 @Galxe OAT token claimable for attendees 🎉 See you there 👇 https://t.co/XwZlSDqDcX”
**2Coinbase supported a lawsuit against the US Treasury to lift sanctions on Tornado Cash.** Plaintiffs allege that the U.S. Office of Foreign Assets Control (OFAC) exceeded its statutory powers under the International Emergency Economic Powers Act (IEEPA) and violated the free speech clause under the First Amendment to the U.S. Constitution. Paul Grewal, head of the Coinbase legal department, believes that the arguments brought to the court are simple and very strong, so the decision can be made in favor of the plaintiffs. https://twitter.com/iampaulgrewal/status/1643704641493020672?s=20
"Arima" ( Euskara for "Soul") is an audio visual loop that continuously evolves and changes, reimagining my native Mexican and Basque ancestors and their culture in a contemporary context. I used analog video hardware, live coded visual synthesis and AI to create the visuals, and the song is my original composition.
**🚀 Coinbase enters the international money transfer market** Americans spend $12 billion a year on fees to send money abroad - long and slow Crypto payments are significantly faster and 96% cheaper "It's time to update the system"
**Former US President Donald Trump appeared in the courtroom, where he was formally arrested.** According to the media, the number of counts in the indictment can reach 34, including criminal articles and the maximum punishment is 136 years in prison. Trump, as expected, pleaded not guilty. The next hearing in the case is scheduled for December 4th. 🚀On the NFT news, the collection released by Trump took off📈 https://edition.cnn.com/politics/live-news/trump-new-york-court-arraignment-04-04-23/h_0c21e11d32303c8cadb531c608ae0684
🥳Web3 Social 2023 · 武汉 🗓 2023 4/2 14:00 🇨🇳 武汉 · 武昌招商时代总部40层武汉线下活动将于明日举行，欢迎在武汉的朋友们参与🥳🥳🥳
Fiat gateway Alchemy Pay received a $10 million investment from market maker DWF Labs. The company plans to expand its business in South Korea. The estimated value of Alchemy Pay is currently $400 million. https://alchemypay.medium.com/alchemy-pay-partners-with-dwf-labs-to-secure-10-million-funding-at-a-valuation-of-400-million-2459dbedcf76
Lens, the future of decentralized social networking! Lens empowers users by putting control, privacy, and ownership back into their hands. Say goodbye to data exploitation and centralized control, and embrace a social experience built on values, meaningful connections, and genuine self-expression. Join the growing movement of decentralization and help shape the future of online interaction, where users and communities thrive together. Are you ready to be part of the revolution in social networking? Share your thoughts and experiences with Lens and decentralized social platforms below! 🌐🔗 #LensProtocol #DataPrivacy
**The outflow from USDC has exceeded $10 billion since March 10 this year.** At the same time, the USDT market share was 60% and reached its highest level since May 2021. USDC remains the second-largest stablecoin at $33 billion. Yes, Circle is currently backing USDC’s value with short-term government bonds managed by BlackRock and cash reserves held by BNY Mellon.
**🎉 Get Ready for a Stellar Experience: v3.10.0 is Here!** We're over the moon to announce that v3.10.0 is now available in the **Chrome store**! Prepare for liftoff as the dApps gallery now featuring a sleek **full screen mode**! 🚀 To access this cosmic upgrade, simply navigate to the dApps tab in your wallet and click the expand icon in the top-left corner. In full screen mode, you'll gain access to a galaxy of information, including: - The total number of dApps you've engaged with - A record of your interactions with each dApp - A comprehensive overview of your transactions over time - **Your awe-inspiring Starknet Pro score** 🏆 Blast off and explore the new dApps gallery now! Don't forget to share your thoughts and feedback with us here on Discord. We can't wait to hear what you think of this stellar update! 🌟 Try Braavos Wallet today: https://braavos.app/download-braavos-wallet/
**ChatGPT 4 expects a bullish cycle next year** ChatGPT 4 based on January BTC prices over the past 13 years, made a forecast for January 2024 - $ 142,514
Bitcoin supply volume, which has not moved in at least two years, is at its peak, hitting new all-time highs day after day.
Did you know? ☝️ You can set the asset’s price chart to MAX period & view price history from the beginning ⏳ Zerion also lets you turn on or off the buy, sell, send & receive indicators of your asset’s transaction history on the chart 📈 Easily track your portfolio and assets 👉🏽 http://zerion.io
Zerion Wallet dApp Browser (soon) Time to surf the web3 social on the go 🏄📱 LFGrow! @lenster.lens
**First Citizens Bank will acquire all Silicon Valley Bank deposits and loans.** Under the agreement, 17 former branches of Silicon Valley Bank will open as First Citizens Bank and Trust Company on Monday, March 27, and all SVB savers will automatically become First Citizens Bank savers. https://twitter.com/FDICgov/status/1640216001332625410?s=20
Number of times Coinbase was mentioned on Lens daily, pretty aavesome tool from @rickydata.lens if anyone wants to try https://predictcrypto.shinyapps.io/LensTrends/
Not gonna sell my tennis fini, no chance
**Coinbase is entering the Brazilian market through a partnership with the country's leading electronic payment system, Pix.** This partnership will allow Coinbase users in Brazil to deposit and withdraw Brazilian reals (BRL) instantly. Pix is a payment system launched by the Central Bank of Brazil in November 2020.
Experience the captivating tales of the Lost Lens! Uncover the secret treasure? Complete the quest at the end of the comic and get a chance to win something exciting!
Coffee to @gho.lens
🎉🔥 Lenster's Unstoppable 30-Day Growth Spree! 🔥🎉 Hey there, #LensterFam! We're over the moon to share the jaw-dropping achievements our fantastic community has reached in just the past 30 days! 🚀 🌐 **4.5 million pageviews** - Thanks to your passion and commitment, Lenster has become a go-to destination for so many people! Let's keep the ball rolling! 💪 👥 Our active user base has soared with **20k daily active users**, **71k weekly active users**, and **210k monthly active users** - We couldn't be more grateful for each one of you who make this community so lively and engaging! 🥳 📝 You've been on fire, producing **445k new posts**, **294k comments**, and supporting one another with **1.40m likes**! Your creativity and positivity are nothing short of incredible! 🌟 🪞 And that's not all! We have **880k mirrors** reflecting our diverse content and the best of Lenster, **700k collects** to save and share your favorite content, and a whopping **1.7m profile follows**, highlighting our strong connections! 🤩 Thank you for your unwavering support and for being part of our amazing #LensterFam! Let's continue to grow and flourish together! 💙🌟 Support Lenster by collecting this Post 🙇
**Coinbase received a ‘wells notice’ from the SEC, which could be followed by accusations against the company.** The exchange blog states that the SEC issued this notice based on a short investigation into unspecified digital assets listed on Coinbase, as well as exchange services Coinbase Earn, Coinbase Prime, and Coinbase Wallet. The wells notice itself is not an official charge and will not disrupt the operation of the exchange, however, it may lead to charges in the future. At the same time, Coinbase states that the SEC has not given their company any clarification on registration issues, despite 30 official requests from the company over the past 9 months. https://www.coinbase.com/blog/we-asked-the-sec-for-reasonable-crypto-rules-for-americans-we-got-legal
Made it to the top collector of the week one Lensport.io 🥳
Few pod creators you definitely should follow: @rehash.lens @thesymmetrical.lens @bankless.lens @defidad.lens web3forbasicbs.lens @austin_hurwitz.lens thescoop.lens seemcat.lens @dumpling.lens TV for curation 🥟 Share more below 👇🏼
**The SEC has filed a number of charges against Justin Sun, companies associated with him, and celebrities who have advertised his products.** According to the SEC, Sun and his companies Tron Foundation, BitTorrent, and Rainberry Inc were selling TRX and BTT tokens without registering them as securities, were engaged in cheating trading volumes on these coins, and selling through celebrities without mentioning rewards for advertising received. The list of stars who have also been charged include: Lindsay Lohan, Jake Paul, Michelle Mason and others. It is reported that almost all of them paid the SEC fines without admission or denial of guilt, the total amount of which was more than $400,000. https://www.sec.gov/news/press-release/2023-59
**Circle has published a report with the latest USDC news.** According to the company, by the close of banking operations on March 15, they were able to satisfy all requests to sell USDC. Since Monday morning, Circle has bought back 3.8 billion USDC and minted 0.8 billion USDC. At the same time, according to observers, more than 2.2 billion USDC has been burned since the beginning of the week, which may be associated with the transfer of reserves from Silicon Valley Bank to BNY Mellon, and with an overall reduction in reserve collateral. https://www.circle.com/blog/march-15-update-on-usdc-operations?utm_content=241691274&utm_medium=social&utm_source=twitter&hss_channel=tw-2151686839
Who was walking yesterday with Lens cap in LA?
Uniswap, the world's largest decentralized exchange protocol by trading volume, has officially launched on BNB Chain, a decentralized EVM-compatible smart contract (BSC) blockchain network originally created by crypto exchange Binance.
Anyone building loyalty programs in web3?
**Nissan has registered four new trademarks related to Web3.** Nissan's March 7 trademark filings with the United States Patent and Trademark Office (USPTO) cover the Infiniti, Nismo and Nissan brands. https://www.block-chain24.com/news/novosti-metavselennoy/nissan-zaregistriroval-4-novyh-tovarnyh-znaka-web3
ICYMI
USDC parity against USD began to recover after Circle's official statement that on Monday, after the banks reopen, the company will have access to $3.3 billion stuck in Silicon Valley Bank. Recall that this amount is 8% of the USDC security reserves. https://www.circle.com/blog/an-update-on-usdc-and-silicon-valley-bank
**Washington Post - US authorities are considering protecting all uninsured deposits at SVB Bank to avoid panic in the banking sector.** ✔️ The insider of the publication says that officials of the US Treasury, the Fed and the FDIC discussed this idea this weekend. ✔️ White House officials have also explored the idea, according to two different people familiar with the discussions. ✔️ This plan will be one of the possible policy responses if the government cannot find a buyer for the failed bank. https://www.washingtonpost.com/us-policy/2023/03/12/silicon-valley-bank-deposits/
**Big capitals know when there will be a strait in the market? 🧐** The address of a large company “Amber Group” dropped the day before yesterday just before the fall of 800 WBTC coins worth $17 million and 6042 ETH worth $9.26 million. This address is not the first time that they sell their coins before a strong fall, perhaps they have information that allows them to know when there will be a correction and when there will be an increase…
Create together, earn together 🌿 Creators can now split revenue earned from Collects. Share earnings with as many as 5 creators. With custom percentage splits. Collects is among the most popular features on Lens. We recently added the option to set limited quantities and/or time limits to collectible posts. We’re excited to offer new ways for collectors to support creators, and for creators to monetize with Collects. Learn how to implement the Multi recipient Fee Collect Module in our dev docs: https://docs.lens.xyz/docs/create-post-typed-data#multirecipientfeecollectmodule Start using Splits today on @buttrfly.lens , @lenster.lens & @lenstube.lens - with more soon to come!