Web3: Unstoppable Domains NFT Sign-On; $2B FTX Fund; PayPal develops Stablecoin; Near Raises $150M
Gm Fintech Futurists — thanks always for your time and attention! We’ve learned some interesting things about each other last week. Here’s the distribution of interest in coverage by topic. Surely there is market signal here somewhere.
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NFT, Metaverse, and Gaming
⭐ Unstoppable Domains Launches NFT-Based Sign-On for Ethereum and Polygon - CoinDesk, January 11
One Day After Launch, OpenSea Competitor LooksRare Sells Over $100M in NFTs - CoinDesk, January 11
Konami’s debut NFT auction earned over $162,000 - VGC, January 15
The Metaverse arrives on the Cardano blockchain - Globe Newswire, January 15
Axie Infinity’s Gaming Sidechain Is Bigger Than Many Major Layer 1s by Volume - CoinDesk, January 11
Associated Press to Launch NFT Marketplace - TheStreet, January 11
Walmart filings reveal plans to create cryptocurrency, NFTs - The Jerusalem Post, January 17
DAOs and Token Engineering
⭐ Pay-to-Play Governance Builds Steam as Bribe Raises $4M - CoinDesk, January 12
Andre Cronje Teases Features for Ve(3,3) on Fantom - Crypto Briefing, January 11
OlympusDAO's OHM Token Tanks 30% Amid Profit-Taking, Liquidations - Decrypt, January 17
Russian Feminist Group Reveals They Are Launching a DAO - PVP Live, January 14
DeFi and Stablecoins
⭐ Paypal confirms development of a stablecoin amid crypto push - City AM, January 11
ERC-4626: DeFi’s Newest Money Lego - CoinDesk, January 13
Bank stablecoin consortium USDF launched by NY Community Bank, Figure, others - Ledger Insights, January 12
Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain - CoinDesk, January 13
HunnyDAO, a DeFi 2.0 Project, Launches Hyper Staking and Kinetic Bonding with More Utility and Sustainability - Bitcoinist, January 14
Public Blockchains
⭐ Near Raises $150M From Major Crypto Investment Firms - CoinDesk, January 13
Iota selected for Phase 2A of EU blockchain initiative - Coin Telegraph, January 13
Zero-knowledge scaling tech Plonky goes live on Polygon - Coin Telegraph, January 11
DeFinity records world's first live cash foreign exchange (FX) trade to its permissionless layer-1 blockchain - PR Newswire, January 12
ICON commits $200M to interoperability incentive fund - Coin Telegraph, January 14
Dogecoin value soars after Elon Musk says it will be accepted for Tesla goods - The Guardian, January 14
Crypto, Fintech and Institutional
⭐ Crypto exchange FTX Trading launches $2bn VC fund - Finextra, January 14
Square’s Cash App will roll out Bitcoin lightning network soon - TechStory, January 13
Crypto-focused software firm Lukka raises $110M, reaches $1.3B valuation - Coin Telegraph, January 14
Tonga to copy El Salvador’s bill making Bitcoin legal tender, says former MP - Coin Telegraph, January 13
Simplify Reveals Plans to Launch Web3 ETF - Blockworks, January 13
Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report - CoinDesk, January 14
Enterprise Chains and CBDCs
⭐ Coldwell Banker to use public blockchain to tokenize real estate - Ledger Insights, January 14
New legislation before Congress would bar the Fed from holding retail accounts for a CBDC - The Block, January 12
Stablecoins Could Coexist With CBDCs, Says Fed Chairman - BeInCrypto, January 12
Swiss central bank tests wholesale CBDC with commercial partners - Coin Telegraph, January 13
More? More!
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