What's Going On In Web3 | October 20, 2022
gm, here's yesterday's headlines you might have missed. Curated and threaded by @d3layd with care ??
Wanna talk about the news? Join us at 9:30 AM CST for our daily #MindfulGMs. Here's todays link.
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VC firm seeks to inform court regarding landmark CFTC suit against Ooki DAO
? Because no one from the DAO will represent the DAO, @paradigm believes the prosecutors will abuse the case and set a bad precedent for future DAO adoption
Defi DAO Shapeshift launches mobile app, but
Unstoppable domains stops selling .coin domains after embarrassing realization
? Unstoppable started offering .coin domains last year thinking they were the first
? Emercoin has actually been offering .coin web3 domains since 2014
Reddit is leading the way for mainstream NFT adoption
? since launching their collectible avatars (aka NFTs) Reddit has seen 3 million wallets created
More crypto adoption for Shopify
? TheTaco app lets brands use NFTs to token gate products, and airdrop tokens as rewards for purchases all with no coding required
领英推荐
Former Celsius Head of Policy and Regulatory Affairs hired by JP Morgan an as Crypto Policy Head
? Aaron Iovine worked at Celsius until September this year
? Will be working with former deputy assistant secretary at treasury department.
Brazilian bank launches loyalty token on polygon to reward customers
? Token can be redeemed for perks/discounts
? 70 Million clients total will have access launching in 2023
SBF supports crypto regulation, but with some caveats.
? SBF supports crypto regulatory efforts, but wants blacklists instead of allow lists, making it legal to trade and use crypto by default instead of being barred from it by default.
Old Ethereum code allows hackers to swipe over $250K
? The "TransactionRequestCore" contract allows users to schedule future transactions and is being exploited to pay back more gas than users put in when cancelling transactions.
CFTC Bill Draft leaked on Github
? Twitter user @lex_node gained access to the current version of the CFTC bill being drafted and posted it on github
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