Your weekly Crypto, NFT & Metaverse readings 🚀

🪙 Crypto Market News

PayPal Says It Is ‘Exploring a Stablecoin’ After Dev Discovers It in Code. For years, cryptocurrency has been hailed as a technology that would supplant centralized payment services because it could make transactions cheaper and cut out the financial intermediary. But more and more, those legacy services are looking to incorporate crypto into their toolkits. PayPal confirmed that it is working on its own stablecoin after a developer discovered language about a “PayPal Coin” within its iPhone app. PayPal told Bloomberg the code was part of a hackathon and wouldn’t necessarily be representative of the final version.. 📰 Decrypt

Investing legend Bill Miller has half his portfolio in Bitcoin. Legendary value investor Bill Miller is betting big on bitcoin. The digital currency and some related crypto investments now account for half of his personal investment portfolio. In part two of our interview with Miller, he discusses his rationale for taking such an outsized position, including why he has converted from being a self-described bitcoin “observer” to a bitcoin “bull” and why he is adding to his holdings when the currency has big declines. 📰 Youtube

Grand Theft Auto Maker Take-Two Eyes ‘Web3 Opportunities’ with Zynga Acquisition. Mobile game publisher Zynga made its name on casual smashes like FarmVille and Words With Friends, but the company has recently pivoted towards a future in blockchain-driven NFT games. Today, the firm announced that it will be acquired by gaming giant Take-Two Interactive in a deal valued at $12.7 billion. Take-Two Interactive is the parent company of gaming brands Rockstar Games and 2K Games, which collectively represent massive franchises like Grand Theft Auto, Red Dead Redemption, NBA 2K, and Borderlands. 📰 Decrypt

Citadel Securities’ Silicon Valley funding hints at Crypto. Citadel Securities LLC’s pursuit of Silicon Valley funding may be as much about billionaire Ken Griffin’s firm finally embracing cryptocurrencies as it is about raising money. The Chicago-based electronic market maker revealed a $1.15 billion investment from Sequoia Capital and Paradigm, two venture capital firms with extensive interests in crypto, hinting at Citadel Securities’ potential entry into the space via firms that can help it gain expertise. . 📰 Bloomberg

Celsius Network is a leading crypto savings and lending app where you can earn up to 17% in interest per year paid every Monday. I use the app myself and it’s always a joy to start the week with a pop-up notification from Celsius with the incoming reward. Earn $50 worth in BTC with your first transfer of $400 or more by signing up with my Referral Link.

🖼️ NFT & Metaverse News

Samsung launches store on Decentraland. Samsung, the Fortune 500 consumer electronics company, recently opened up a storefront at 103,76 in Decentraland. The newly constructed scene is modeled after its physical 837X store located in New York. Samsung is not the first large brand to develop a virtual replica of an existing building in Decentraland. Sotheby’s opened up an auction house mirroring its New Bond Street gallery in London in mid-2021. The storefront will only be available for a limited time and is located in the upper right district called the Aetherian Project. The scene was created by the Last Slice Collective. . 📰 NFT Plazas

Doodles Takes the NFT World by Storm. While the wider crypto world weathers the latest downturn, the NFT side of operations appears to be enjoying itself. Floor prices are up, trading is through the roof, and on-boarders are getting more ETH for their dollar than they have done for months. One collection taking things particularly well is Doodles. Since late December, this unassuming collection of 10k algorithmically generated hand-drawn characters has seen a surge in interest. The floor price is verging on 10 ETH, and the trading volume recently broke 50k ETH. Right now, it’s sitting pretty atop the OpenSea rankings tree. What’s more, keeping up with the more traditional monkey trend, a rare “Golden Ape” Doodle just changed hands for the equivalent of approximately $900k. Notable DJ, Steve Aoki and legendary NFT collector, Snoop Dogg, both hold Doodles in their impressive collections. 📰 NFT Plazas

Steph Curry joined a DAO. LinksDAO is a new DAO looking to finance the purchase of a physical golf course and club by selling NFTs, blockchain-based deeds linked to digital or real assets. In this case, the NFTs represent the right to purchase actual memberships to the future country club. And the floor price of the LinksDAO NFT collection is surging thanks to Golden State Warriors star Steph Curry. On Monday, Curry purchased “Leisure Membership” and “LinksDAO Global Membership” NFTs for 0.29 ETH ($892.13) and 1.12 ETH ($3,442.89). 📰 Decrypt

Share

Share 🚀 How to Crypto

Other articles that may interest you 🔥

🚀 How to Web3

Top Dog OpenSea challenged

Opeansea is the giant of the NFT marketplace and almost dominates 100% of the market. It comes to no surprise as OpenSea literally invented the idea of an NFT market. During the bear market from 2018 -2021, OpenSea founders kept building and today we their success. Competitors want to get a piece of the cake but generally, the internet tends to be a win…

Read more

21 hours ago · Rizvi Haider

🚀 How to Web3

Optimistic rollup vs. ZK rollup

Today’s post is a bit more technical than usual but nevertheless very important to understand scaling solutions to overcome the Ethereum network limitations. Problem definition Ethereum has been a driving force behind all the major blockchain and crypto trends such as initial coin offering, DeFi and the NFT boom. The chart below shows the dominance of Et…

Read more

8 days ago · Rizvi Haider

🚀 How to Crypto

The FAANG of WEB2 is the BESCA of WEB3

I am starting separate posts only accessible for paid subscribers where I publish much more in-depth ecosystem articles and highlight investment opportunities not only for cryptos but also in the NFT & Metaverse space. The paid subscription only costs $5 per month (4.60 CHF) or $40 USD (37 CHF) per year. With the subscription you also support my work, t…

Read more

a month ago · Rizvi Haider

🚀 How to Crypto

NFTs are emerging as a new asset class and why financial institutions should embrace it

Alternative assets continue to gain traction and the global alternative assets under management are expected to increase by 60 percent until 2025. One type of alternative asset has been at the forefront in recent months: the non-fungible token (NFT). NFTs have seen a continued surge in popularity since September 2020 and monthly trading volumes reached …

Read more

a month ago · Rizvi Haider

🚀 How to Crypto

What CBDC‘s are and why they matter

It is plainly obvious that cryptocurrencies have recently surged in popularity. The stigma associated with incorporating cryptocurrencies into different digital payment systems and financial infrastructures has gradually been dissipating, as seen by big corporations such as PayPal, Tesla, Visa, JPMorgan Chase & Co. and more as all of these institutions …

Read more

5 months ago · Rizvi Haider

🚀 How to Crypto

What is blockchain technology and how does it really work?

Hey guys, many people ask me frequently what the blockchain technology is and how it really works. I have been in the space for a couple of years now and went down the rabbit hole (and still am). In this relatively long article, I am summarising all the key components that make up a blockchain with many anecdotal examples to make it easier to follow alo…

Read more

5 months ago · Rizvi Haider

🚀 How to Crypto

6 Key Pillars of DeFi

Defi (decentralized finance) has seen huge growth since 2019, and it only excelled from there. The current TVL (Total value locked in smart contracts) sits at around 60B $ at the time of writing and topped this year at around 90B $ in May (find the statistic at…

Read more

6 months ago · 1 like · Rizvi Haider

Entrepreneur and crypto enthusiast

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

MAMA — DECEMBER UPDATE

Welcome to our new partner — LaunchZone

How to use the Alpaca Levarage Firming Calculation Sheet

IS IT TO TIME TO BUY CRYPTO.COM

“XcelPay wallet” is proud to announce a new partnership with Ormeus!

XcelPay wallet- Send, Receive and Store Bitcoin, Ethereum and other cryptocurrency

How to Handle DRIP and FUD in a Down Market

Insights Network Research — Warren Buffett and Justin Sun Lunch Survey

Blockchain technology and NFT are the most reasonable way to the meta universe

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Rizvi Haider

Rizvi Haider

Entrepreneur and crypto enthusiast

More from Medium

Your weekly Crypto, NFT & Metaverse readings 🚀

NRC721 — NFTs on Nervos Blockchain

Top 5 NFT Projects to Follow in 2022

Weekly NFT Update #17