Crypto Pulse #28 - Google partners with Coinbase to drive Web3 adoption. Friday, 14th Oct 2022 | Powered by GenShards.
14 Oct 2022, 13:38
Crypto Pulse #28 - Google partners with Coinbase to drive Web3 adoption π
Friday, 14th Oct 2022 | Powered by GenShards
π Here's all you need to know about what's been up in the worlds of crypto, NFTs & metaverse over the past few days
π Read the issue | π§ Read the tweet thread |πYou can also find some highlights below
β°Macro Landscape
π Google has announced a partnership with Coinbase to drive Web3 innovation. This includes using the crypto exchange to accept cryptocurrency payments (source)
π Crypto advocacy group Coin Center has filed a suit against the Treasury Department over the Tornado Cash ban (source)
π The oldest bank in the US, BNY Mellon becomes first bank to offer cryptocurrencies alongside traditional products on the same platform (source)
π Markets and Ecosystem
π The number of Americans investing in cryptocurrency has more than doubled from 2020-22 in spite of the bear market (source)
π Blockchain data analytics company Chainalysis has labeled October as the βbiggest month in the biggest year ever for hacking activity.β (source)
π After its recent massive shift from proof of work to proof of stake, the Ethereum network seems to be keeping its promises of greener operations as its daily issuance drops by 95% post merge (source)
ποΈ NFTs, Metaverse & Gaming
π The number of active players in Axie Infinity has is now down to levels last seen in Jan2021 (source)
π OpenSea, the largest peer-to-peer marketplace for NFTs on Ethereum, has now launched on the Avalanche (AVAX) blockchain (source)
π Metaverse projects Decentraland and the Sandbox have hit back at reports suggesting low daily user activity on platforms, arguing a βmisinformedβ metric was used for the measurement (source)
π Read the newsletter for the latest in the Web3 and NFT world (and for some of the choicest memes π). Subscribe to get it directly in your inbox !
Next issue drops Tuesday - stay tuned ! πΊ
π§ Spread the word - retweet !