Kareem (@sckdck) • Hey

Publications

Ripple Targets a Potential $10trillion Market With Metaco Acquisition Ripple and Metaco share strong crypto DNA, top-tier institutional customers, and a long history of working with regulated entities to create secure enterprise-grade solutions. With this acquisition, Ripple will expand its enterprise offerings. It will provide customers with the technology to custody, issue, and settle any type of tokenised asset. Metaco will dramatically accelerate its growth trajectory through access to Ripple’s established base of hundreds of customers, capital to address new demand, and resources. By doing so, it will continue delivering on its commitment to banking and institutional clients. “Metaco is a proven leader in institutional digital asset custody. It has an exceptional executive bench and a truly unmatched customer track record,” said Brad Garlinghouse, CEO of Ripple. “Through the strength of our balance sheet and financial position, Ripple will continue pressing our advantage in the areas critical to crypto infrastructure. Bringing on Metaco is monumental for our growing product suite and expanding global footprint.
SOULBOUND TOKENS: NON-TRANSFERABLE NFTS Soulbound Tokens are digital assets built on blockchain technology that are intrinsically tied to an individual’s unique identity. Serving as digital representations of personal skills, accomplishments, experiences, and other intangible qualities, SBTs can be securely traded, or redeemed within a protected ecosystem, facilitating more efficient and personalized transactions. SBTs are created on a decentralized, tamper-proof blockchain, ensuring their security and authenticity. Users can generate SBTs by providing proof of their skills or achievements, which are then verified by trusted third parties, such as educational institutions, employers, or medical professionals. Once verified, SBTs can be used to facilitate various transactions, enabling users to leverage their unique attributes in exchange for goods, services, or opportunities. Soulbound Tokens have the potential to transform the way we approach various aspects of our lives. By allowing individuals to capitalize on their unique skills and experiences, SBTs can create a more efficient, transparent, and merit-based society. As such, it’s important to pay attention to this emerging technology and explore ways to get involved in its development.
Marvel Studios Founder Unveils New NFT Collection From Mythos Studios Marvel Studios founder David Maisel has announced the launch of a 1-of-1 digital art collection from his entertainment company, Mythos Studios. The NFT collection includes artwork from Mythos Studios, Michael Turner, Peter Steigerwald and Maisel. The collection includes “1/1 published colored art as well as new 1/1 pieces inspired by a variety of influences, including classic Marvel comics and films, the Pop Art movement, Marvel’s iconic black light posters of the 70’s, the neon lights of Broadway, and the art and energy of web3,” according to the press release. Turner was an American comic book artist who worked on both Marvel and DC comics. He died in 2008 at the age of 37. Steigerwald worked closely with Turner and also worked as a colorist on DC and Marvel comics.
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TUSD Surpasses Tether As Binance’s Largest Pair for Bitcoin USDT was launched by Tether back in 2014 as one of the first-dollar-pegged stablecoins, and remains the largest of such tokens by market cap today. Capturing over $80 billion in value as of April 2023, it maintains its peg to the dollar using liquid reserves comprised of both cash and short-term US Treasury bills. USDT gained significant ground against Circle’s USDC – one of its largest competitors – when Binance replaced the latter cryptocurrency at its exchange with BUSD in September. Tether’s market cap benefitted further after USDC temporarily depegged from the dollar amid the Silicon Valley Bank crisis in March. However, things took a turn when BUSD issuer Paxos was forced by US regulators to begin winding down operations in February. In search of ways to pivot away from it dependence on BUSD, Binance quickly began minting tens of millions of dollars in TUSD. As of April 17, TUSD’s market cap is over $2 billion, compared to roughly $966 million on February 27. TrueUSD operates much like Tether, holding over $2.15 billion in bank reserves to back its token. In partnership with Chainlink, the firm uses a real-time proof of reserves system to cryptographically verify that its stablecoin is fully backed at all times.
Binance and Brazilian Football Confederation Team Up To Create Ultimate Fan NFT Brazilian Football Confederation introduced a non-fungible token (NFT) aimed at increasing fan engagement and drawing in more customers. The complementary NFT from the world's largest cryptocurrency exchange promises fans "access to technology that will enhance the match experience and grant unique perks," according to a joint statement from Binance and Brazil's soccer governing body, The Block reported. The initiative also seems designed to attract new clients, as existing customers can "redeem their NFTs by referring friends to open an account on the exchange." While the United States grapples with regulatory discussions that may limit the expansion of crypto-related businesses and broader consumer growth, Brazil appears to be a more welcoming environment for exchanges like Binance and coinbase
London Stock Exchange Group to begin offering access to crypto derivatives (Kitco News) - LCH SA, the European-based arm of the London Clearing House (LCH) – which is majority owned by the London Stock Exchange Group (LSEG) – has announced that it will begin offering the clearing of Bitcoin index futures and options contracts traded on GFO-X, pending regulatory approval. Futures and options products allow traders to bet that the price of an asset will rise or fall in a certain timeframe while only being required to fund a fraction of the value of their trades. The new service will be made available through LCH DigitalAssetClear, a new segregated clearing service developed by the clearing house, the press release announcing the new service said. DigitalAssetClear was developed by GFO-X, a UK digital asset derivatives trading platform that has received approval from the Financial Conduct Authority to operate as a multilateral trading facility. LCH SA also participated in its development to ensure its digital asset derivatives trading and clearing requirements can be met within a secure, highly regulated environment
SHORT GUIDE TO POLYGON NFTS Unparalleled Scalability: Polygon boasts an impressive transaction speed and high throughput, thanks to its Layer-2 scaling solution. This makes it an ideal choice for NFT platforms, as it can handle thousands of transactions per second. As a result, users can expect seamless and swift interactions with their NFT assets. Affordable Transaction Fees: One of the most significant advantages of Polygon is its low transaction fees. Ethereum, the leading platform for NFTs, often suffers from high gas fees that deter users from engaging with the market. Polygon solves this issue by offering lower fees, enabling creators and collectors to enjoy a more cost-effective NFT experience. Cross-Chain Interoperability: Polygon NFTs offer cross-chain compatibility, allowing users to transfer assets between Ethereum and the Polygon network seamlessly. This interoperability enables users to take advantage of both ecosystems, creating a more versatile and accessible NFT experience. Crafting a Polygon NFT: To create a Polygon NFT, users must first choose a platform that supports the Polygon network. After selecting the platform, creators can upload their digital assets, such as images, videos, or music files. They can then assign attributes and metadata to the digital asset, giving it unique characteristics and value. The Minting Process: Once the digital asset is prepared, creators initiate the minting process, which involves setting up a smart contract on the Polygon network. This contract defines the NFT’s properties, such as its name, ownership, and token standards. Upon initiating the minting process, users will be prompted to pay a small gas fee for the transaction. After the transaction is confirmed, the NFT is minted and becomes a unique, non-fungible asset on the Polygon network.
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LensPort.oi are running a competition on Memester.xyz here MATIC is there to be won!!!!! Drop me a stake frens ❤️👍🫶
Madonna’s knickers are set to make history as they are sold off in fractions as NFTs at $100 a piece!!!!! Underwear worn by Madonna is set to make history as they are sold off in multiple bits as NFTs. The ‘Material Girl’ singer’s knickers are up for sale as 300 separate fractions in the form of digital tokens for sale at $100 a piece. The knickers were worn on stage by Madonna during her 1987 Who’s That Girl world tour while performing the song ‘Dress You Up’. Now, fans of the ‘Like A Virgin’ singer may be able to own a small piece of the superstar’s underwear in what the sellers claim is the world’s first fractional ownership NFT.
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Check who’s in your lens circle 😁😁😁 Drop me a stake frens 👍❤️🫡 [Lens Circles](https://circles.inlens.xyz//) Visualize your social graph on Lens
zkSync Era’s ‘elegant’ fix for 921 ETH ‘stuck forever’ in smart contract! Matter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has confirmed that 921 Ether ETH tickers down null,877 worth null.7 million is currently stuck in one of its new smart contracts, GemstoneIDO However, the firm claims the funds to be “safe” and to have found an “elegant” solution for rescuing the funds, which accumulated during the Gemholic token sale. Initially stating that the funds wouldn’t be “stuck forever,” Matter Labs said in its most recent tweet that it had found an “elegant solution” to “unfreeze” the GemstoneIDO contract and transfer the funds out.
Gm orb frens 🫡❤️ Nearly the weekend 🙏❤️
Indian Government Answers Questions About Crypto Legalization, Fraud Prevention!!! The Indian government answered two sets of crypto-related questions in Lok Sabha, the lower house of India’s parliament, on Monday. The first set asks the Minister of Finance “whether the government is planning to legalize cryptocurrency in the country” and what “impact cryptocurrency will have on the common people and especially youth.” Shri Pankaj Chaudhary, Minister of State in the Ministry of Finance, reiterated his previous reply to parliament. “Crypto assets are currently unregulated in India. Crypto assets are by definition borderless and require international collaboration to prevent regulatory arbitrage,” he said, elaborating: Any legislation for regulation or for banning can be effective only with significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards.
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HUOBI AND GALA GAMES FORM ALLIANCE TO RESHAPE WEB3 GAMING!!! Huobi and Gala Games will work together in many ways, such as investing in the best projects and helping each other grow. Gala Games lets game makers create games genuinely owned by the players. This means players can buy and sell genuine items within games. Game makers can’t change or remove these items without the players giving the go-ahead. Built on the Ethereum blockchain, Gala Games provides a variety of play-to-earn and NFT games in different styles. Notable Gala-developed games include Spider Tanks and TownStar. Gala Games has also worked with famous companies, like movie studio DreamWorks, TV networks AMC and NBCU, famous game makers Peter Molyneux and Will Wright, and musicians Snoop Dogg, Ice Cube, Kings of Leon, and BT.
Gm orb frens❤️❤️🫡🫡 Finally the weekend 🥳🎉🎉 The premier league is back 👀👀
AMAZON NFT MARKETPLACE!!??? Amazon’s upcoming NFT marketplace will be on a private blockchain, though future multichain compatibility is not yet ruled out Amazon is putting the finishing touches to its in-house NFT initiative, according to sources directly familiar with the matter. And at least one document suggests that Amazon is set to feature digital collectibles from top crypto-native creators including Beeple and Pudgy Penguins. The Amazon NFT marketplace will run on a private and permissioned blockchain controlled by the e-commerce giant, according to a confidential terms of service agreement reviewed by Blockworks. A separate confidential Amazon deck reviewed by Blockworks confirmed the private blockchain, adding that Amazon Web Services (AWS) has been a major contributor to its formation. Neither document could be confirmed as presenting the most current version of Amazon’s plans.
Gm orb frens 🫡❤️❤️ Jummah (Friday) Sunnahs: ‎● Ghusl (ritual bath) ‎● Wearing clean clothes ‎● Using attar (perfume) [for men only] ‎● Using Miswak ‎● Making Dua during Sa'at al Istijabah ‎● Sending lot of Salawat (Peace & Blessings) upon Rasoolullah ﷺ ‎● Reciting Surah Kahf (Surah No. 18)
Go check out phavers Twitter for the most recent giveaway!!!! Join in the fun and enter the Phaver Meme Competition on memester_xyz to have a chance of winning some phaver points 🤑🤑🤑🤑🤑 Drop me a stake ❤️🫡 [Phaver 🦄 on Twitter](https://twitter.com/phaverapp/status/1641096460618944514) “GMGM ⭐️ Join in the fun and enter the Phaver Meme Competition on @memester_xyz Create your meme’s here: https://t.co/FBuYmqKIlX 🗓28th March - 2nd April Details to follow👇”
Gm orb frens ❤️🫡🫡 Nearly the weekend 😮‍💨☝️
PETITION CIRCULATING TO PAUSE ALL MAJOR AI DEVELOPMENTS!!!! Signed by Elon Musk, Steve Wozniak, Stability AI CEO, and many more This will ultimately result in the pause of major developments, e.g no more ChatGPT upgrades and many others Here are some questions presented in the open letter Should we let AI flood social media with propaganda & untruth? Should we automate all the jobs? Should we develop AI minds that might eventually outnumber, outsmart, obsolete, and replace us? Should we risk loss of control of our civilization?
Gm orb frens ❤️🫡🫡 Half way through the week, keep pushing 🫡🫡🫡
How early were you frens? 😉🫡🫡 Drop me a stake ❤️🫡
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BINANCE BEING SUED??!!! The Commodity Futures and Trading Commission filed a complaint against crypto exchange Binance, its co-founder, Changpeng Zhao, and its former chief compliance officer, Samuel Lim, alleging that Binance actively solicited U.S. users and subverted the exchanges own “ineffective compliance program,” according to a filing in Illinois federal court Monday. The filing has the potential to upend the exchange’s operations and is potentially just the first salvo in a regulatory crackdown on the world’s largest crypto exchange. Beyond disgorgement and any monetary costs, the CFTC filing asked the court to impose further relief, including trading and registration bans. The regulator alleged that Binance, Zhao, and Lim violated eight core provisions of the Commodity Exchange Act, including laws that require controls “designed to prevent and detect money laundering and terrorism financing.”
Thoughts? 🤔🤔🤔🤔🤔
Antonio Conte sacked! Who will be the next spurs manager? 🤔🤔🤔
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Goodnight orb frens 🫡
On March 27th y00ts will begin its migration to polygon Make sure you migrate within the first 24 hours, as you will get rewarded for it 😁 They will also be airdropping a btc DeGod to one lucky y00t on polygon in the first 24 hours. Drop me a stake frens 🤝🫡
Good afternoon frens 🫡🫡
Microsoft has exclusive access to OpenAI’s codebase: Elon Musk!!! Twitter chief executive officer Elon Musk said on Friday that Microsoft was given exclusive and complete access to OpenAI’s codebase as part of its investment in the generative AI firm. Microsoft, an early backer of OpenAI, has reportedly invested another $10 billion in it. “As part of their investment, Microsoft gained exclusive access to the entire OpenAI codebase,” Musk tweeted. “OpenAI was created as an open source (which is why I named it “Open” AI), a non-profit company to serve as a counterweight to Google, but now it has become a closed source, the maximum-profit company effectively controlled by Microsoft. Not what I intended at all,”
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Ramadan Mubarak orb frens 🫡❤️
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Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time high!!!! Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago. The Crypto Fear and Greed Index has hit its highest index score this year, reaching levels not seen since btc posted its all-time high in November 2021. A March 20 update of the Index showed a score of 68, placing it firmly within the "Greed" territory
Cryptocurrency Market Set for More Upside After Bank Problems Financial markets have been shaken in the past week following a series of bank collapses, providing a perfect setting for the decentralized-financial system to stand out as an alternative and for a continued advance in cryptocurrency markets, Bernstein said in a research report Saturday. First Republic Bank’s (FRC) deposit rescue package by multiple institutions should make it obvious that this is a “generic banking problem” and crypto isn't to blame, the report said, noting that initial reactions to the collapse of of Silvergate Bank, Silicon Valley Bank and Signature Bank were that those banks held deposits from the crypto world and therefore their problems were idiosyncratic.
Crypto Wallet Prototype Discovered Inside Microsoft Edge Browser According to screenshots shared on Twitter by Albacore, a pseudonymous software researcher from central Europe, Microsoft has added code that would integrate a non-custodial crypto wallet into the company’s default Edge browser The screenshots Albacore shared depict a user interface for a cryptocurrency wallet, a decentralized application explorer, a news feed, and the ability to buy cryptocurrency through Coinbase and MoonPay. The enhancement is "already baked in" to recent releases of the Microsoft Edge browser, but is hidden and not accessible to users. Albacore cautions that Microsoft builds and tests a lot of things that never see the light of day. "[The] Edge team are kings of throwing every imaginable thing at the wall and seeing if it sticks," the researcher said. "The list of obsolete gimmick features that they tried and eventually removed is quite long."
FIAT AND KIA USING CHATGPT TO OPEN METAVERSE CAR DEALERSHIPS!!!! Car manufacturers Fiat and Kia have opened metaverse showrooms and have partnered with ChatGPT to make the experience as realistic as possible. Both Fiat and Kia plan to offer customers the ability to browse vehicles through digital showrooms integrated into the metaverse. The Fiat metaverse store is in collabroation with Microsoft and software firm Touchcast. This was initially announced at the 2023 Consumer Electronics Show, and it aims to make buying a car in the metaverse as realistic as buying from a showroom. Microsoft’s recent deal with OpenAI, means the software has been integrating ChatGPT technology into its products. This will allow Microsoft software to adapt to any situation and offer on-the-spot solutions. It means customers will be able to discuss issues with a ‘Fiat Genius’, which is a web3 avatar built on ChatGPT, so pretty much nearly any query will be answered. Through the use of digital avatars, patrons can navigate a virtual showroom, engage with automobiles, inspect the service bays, and obtain answers to their inquiries by following hyperlinks to Kia’s website.
FIAT AND KIA USING CHATGPT TO OPEN METAVERSE CAR DEALERSHIPS!!!! Car manufacturers Fiat and Kia have opened metaverse showrooms and have partnered with ChatGPT to make the experience as realistic as possible. Both Fiat and Kia plan to offer customers the ability to browse vehicles through digital showrooms integrated into the metaverse. The Fiat metaverse store is in collabroation with Microsoft and software firm Touchcast. This was initially announced at the 2023 Consumer Electronics Show, and it aims to make buying a car in the metaverse as realistic as buying from a showroom. Microsoft’s recent deal with OpenAI, means the software has been integrating ChatGPT technology into its products. This will allow Microsoft software to adapt to any situation and offer on-the-spot solutions. It means customers will be able to discuss issues with a ‘Fiat Genius’, which is a web3 avatar built on ChatGPT, so pretty much nearly any query will be answered. Through the use of digital avatars, patrons can navigate a virtual showroom, engage with automobiles, inspect the service bays, and obtain answers to their inquiries by following hyperlinks to Kia’s website.
SOUTH KOREA GOVERNMENT LAUNCHES NEW ‘METAVERSE FUND’ The South Korean government is doubling down on its commitment to the metaverse, with the creation of the Metaverse Fund. South Korea is creating a new fund to assist the growth and development of the metaverse. According to the official statement, the Ministry of Science and ICT is investing 24 billion Korean won ($18.4 million) into the fund. Currently, the fund is worth $40 billion Korean won ($30.2 million). Ultimately, the fund will support the mergers and acquisitions from various companies within the metaverse ecosystem. Moreover, the government will actively support domestic metaverse initiatives to compete on a global scale. South Korea fully intends to drive the advancement of the new digital age. Indeed, the country is working towards an ambitious 58.2 trillion won ($44.6 billion) plan called the ‘Digital New Deal’. In summary, this plan involves pumping the industry full of venture capital, supporting its growth, and eventually, having one of the top 5 metaverse industries in the world. Experts believe that the South Korean metaverse industry will be worth 400 trillion won ($306.5 billion) by 2026. Therefore, now is the time to build, and the government is doing just that.
Scam alert: $300K stolen by fake Blur airdrop websites!!!! Unsuspecting users looking to claim Blur token airdrops have had funds stolen by a number of fake websites. Given the incentive program’s mechanics, many users have been looking to claim BLUR tokens across the NFT ecosystem. This created an opportunity for scammers to promote fake airdrop links to malicious websites. Data shared with Cointelegraph from Ethereum-based Web3 browser security extension TrustCheck, reveals that over $300,000 worth of funds have been stolen from 24 different scam websites since Feb. 15. A handful of these websites are still functional, with users warned to be wary when connecting wallets
VEVE ANNOUNCES SESAME STREET NFT DROP !!!! One of the biggest platforms in the world for digital collectibles, Veve, is dropping an NFT collection based on Sesame Street. Major drops are nothing new to VeVe, and here’s another one. On March 19th, we’re going to see Sesame Street immortalized on the blockchain. Indeed, the Sesame Street NFT drop will be the first in a new series celebrating the all-time classic. In collaboration with the non-profit media organisation Sesame Workshop, VeVe will host the first drop, featuring the iconic Cookie Monster. Thus, holders of the upcoming Sesame Street collection will be able to interact interact with their Cookie Monster collectible in 3D. Furthermore, they will be able to share their collectible through VeVe’s in-app social feed. What is more, you can showcase your NFT on social platforms like Twitter, Instagram or Tik Tok.
Absorb for adoption — How infamous 30% Apple cut affects iOS NFT apps NFT application endures demanding fees on the Apple App store for the convenience of iOS payments and a broad user base. Apple’s continued enforcement of in-app purchases to sell services remains a trade-off for NFT applications looking to tap into the convenience of streamlined in-app purchases for iPhone users and a massive user base around the world. As previously reported, Apple maintains strict rules for nonfungible token (NFT) apps, enforcing a 30% commission on the sale of NFTs through in-app purchases. The enforcement of this 30% commission has been a sore point, with Coinbase Wallet seeing an update to its application blocked by Apple in December 2022. This was due to Apple suspending the latest app release until Coinbase Wallet disabled the ability to send NFTs through the application.
Crypto exchange Huobi announces discontinuing NFT services on May 13!!! Huobi, a cryptocurrency exchange, has announced discontinuing its NFT services in May this year. The reasons behind the decision have been stated as strategic and product adjustments to the Huobi Cloud Wallet. According to the announcement, the multitoken wallet service’s maintenance and upgrades will officially end on February 13. Users who are using the cloud wallet must transfer their NFTs and cryptocurrency to their key Huobi accounts or other wallet addresses. The withdrawal and transfer functions of Huobi Cloud Wallet will remain functional for the next three months. Users are warned not to transfer digital assets to their cloud wallet. The deactivation date of Huobi Cloud Wallet is May 13, 2023.