Im back BABY! The powers that be have released me from KYC jail. It looks like you all missed the content, so that’s great to hear and we have loads to catchup on!
Dont forget to share this awesome content with your peers so we can grow this community even further. If you have any questions send me a mail and ill try cover it.
🌾 Virtual Plot sells for $2.48 million.
A rare piece of virtual land in the crypto game Axie Infinity sold for 550 Ethereum yesterday, which equated to $2.48 million. The "Genesis" plot is one of the rarest in the game, with just 220 in existence.
🌙Moonpay Concierge Service
MoonPay has set up a “concierge service” that has helped celebrities like Jimmy Fallon and Post Malone purchase NFTs. “Permission to come a bored?” Fallon tweeted as he announced the purchase of a Bored Ape NFT. Fallon previously said he used MoonPay to make the purchase.
🐹Mr Goxx, (aka Max) the crypto-trading hamster, is dead
This little guy became super popular a few years ago live streaming his various cryptocurrency trades on twitch. RIP Mr Goxx, your memory will live forever on the blockchain
📚Cathie woods explores a Short portfolio
What does this mean, does she foresee an equity pullback? 🤔Cathie commented “We think the benchmarks are where the big risks are long term, because they are filling up with value traps — those companies that have done very well historically but are going to be disintermediated and disrupted by the massive amount of innovation that’s taking place.” ARK on steroids.” 💪 💪 I’m interested…
📸Snap cracks and pivots!
Snap, which operates Snapchat, currently reaches over 75% of 13- to 34-year-olds in the US, UK, Australia, the Netherlands, and France. It’s now moving to transform its app into an immersive and shoppable platform for teens and young adults. Snap has been acquiring companies in augmented reality, content creation tech and even gaming.
☣️India is going to ban private cryptocurrencies
The Indian government is banning private blockchains and pushing forward with its own central bank digital currency. India’s prime minister, Narendra Modi, said last week that cryptocurrencies could “spoil our youth” and the country’s central bank has repeatedly warned, in line with other central banks, they could pose “serious concerns on macroeconomic and financial stability”. more here
📞10% of all crypto is stored on the technology of 8 crypto custody providers
Yes, you heard right, more than $250 billion is split over 8 providers. Crypto custody providers are companies which are specialized in securely storing cryptocurrencies. These companies, quite literally, hold the keys to a secure economy of digital assets.
Abercrombie & Fitch flopped 12.6% despite beating Wall Street’s expectations. 🤷
$ANF Revenue grew 10% YoY.
| EPS: $0.86 (vs. $0.68 expected)
| Revenue: $905 million (vs. $894 million expected)
Dollar Tree is straight drippin’. 🥶 💎 it surged 9.17%
| EPS: $0.96 (vs. $0.95 expected)
| Revenue: $6.42 billion (vs. $6.41 billion expected)
DID YOU KNOW
WTF is the Web 3.0 ??!?!
Lets define a couple things first….
Web 1.0 was about consuming content (think the internet of the ‘90s and early 2000s)
Web 2.0 (today’s internet) features consumer-created content centralized in platforms like Facebook and Google
Web3 is where the internet gets decentralized
More importantly, it means that big tech companies are no longer the main guardians of the web’s data, but rather blockchain tech enables data to be controlled and hosted collectively by users
The video below explains it really well, take the time to watch it.
LINKS THAT DONT SUCK
⚖️ Apple Sues Company Known for Hacking iPhones on Behalf of Governments
🍸The margarita maker everyone needs or not (video)
❄️ High-Speed Internet Could Be Coming to Antarctica
Cheers everyone, have a great weekend and those of you that are the Cape Town, be careful outdoors this weekend, as the storm is expected to arrive.