Crypto Pulse #48 - Storms force BTC miners to shut down. Tuesday, 27th Dec 2022 | Powered by GenShards.
27 Dec 2022, 12:18
Crypto Pulse #48 - Storms force BTC miners to shut down🌪
Tuesday, 27th Dec 2022 | Powered by GenShards
🌍 Here's all you need to know about what's been up in the Web3-sphere lately
👉 Read the issue | 🐧 Read tweet thread |👇Read highlights below
⛰ Macro Landscape
📌 Over the weekend, computing power on the Bitcoin blockchain dropped over 40%, as many miners shut down due to the storms in North America (source)
📌 The securities regulator in Brazil will allow investment funds to invest in crypto (source)
📌 The shaky state of the global economy could propel BTC into a new role in global trade (source)
📈 Markets and Ecosystem
📌 Caroline Ellison (former Alameda CEO) told a federal court in New York that she knowingly misled lenders about how much the firm had been borrowing, as per Bloomberg News (source)
📌 Coinbase says it’s focusing on accelerating the adoption of crypto assets and Web3 protocols (source)
📌 BTC and most of the crypto market remained almost flat over the last week (source)
🀄️ NFTs, Metaverse & Gaming
📌 DeGods and y00ts, two of the leading NFT collections on Solana, announced plans to bridge to Ethereum and Polygon early next year (source)
📌 Trading firm Cumberland sees NFTs getting increasingly intertwined with brand IP (source)
📌 Cuban NFT artists have been blocked from OpenSea to comply with US sanctions (source)
👉 Read the newsletter for the latest in the Web3 and NFT world (and for some of the choicest memes 😉). Subscribe to get it directly in your inbox !
Next issue drops Friday- stay tuned ! 📺
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