SEC Exposed 🚨 Namaste Vitalik
BIG Coinbase reveal! Digital eggs hatch into real gold? A new NFT debit card, Vitalik in India for ETH's big day & hot products in our spotlight!
GM and Namaste from Vitalik and Sandeep, all the way from India! 🙏 ✨
Read what happened last week in web3 and explore cool products like Rep3 and Glu AI that will amp up your web3 game and opportunities to learn, earn and move up in this space! 🚀
For you and Posty this week👇
Weekly Web3 Updates
Throw away your debit cards 😤
Coinbase made a big reveal 👀
Weekly Product Spotlight & Jobs!
Estimated Reading Time: 3:50 minutes
Your Debit Card Just Got Cooler with NFTs! 🎨
Animoca Brands is putting down $30 million into Hi, a neobank platform that's all about Web3. This investment is more than just money. 👀 Well, it's about bringing a new era of personalized banking.
This means having your favourite digital art on your card! 😎
Features of the Hi Card: A Closer Look 🌟
The Hi crypto debit card offers several unique and innovative features:
NFT Customization: You can personalize your physical card with NFT avatars you own.
Crypto Compatibility: The card supports transactions in both cryptocurrency and traditional fiat currency.
Global Acceptance: Accepted by 90 million merchants worldwide that use Mastercard services.
Web3 Integration: As part of Hi's broader Web3 ecosystem, the card amplifies the utility of various Web3 tokens and NFTs.
Human-Only Networks: Hi's unique-human authentication mechanism aims to address online identity verification, opening possibilities for human-only networks and decentralized applications.
Partnership Benefits: The collaboration with Animoca Brands will allow users to send and receive specific Web3 ecosystem tokens, enhancing the card's functionality within the crypto community.
Do you think Hi is worth the hype? Share your thoughts, and let's see if this card holds the promise of a new era in personal finance. 🤔 Read more.
Weekly Product Spotlight ⚡️
Rep3 - Gamify your community
Looking for creative ways to increase member engagement and incentivise participation in your community? The Rep3 protocol provides communities with a better way to manage members and their contributions. Check it out!✨
Rep3 just announced their pre-seed funding round!
👉 Explore their mission
CustomerGlu - AI-powered gamification
Wanna booost your app's cool factor? Glu AI takes your text prompt and turns it into a gamified user-engaging wonder with in-app quizzes, streaks and challenges! 🤩
🚀 Tezos is calling all tech wizards and blockchain enthusiasts! 🚀
TezAsia Hackathon is set to ignite creativity and push boundaries with a whopping $30,000 in prizes and a chance to win $100,000 in grants.
Join this thrilling journey, where innovation meets opportunity, and shape the future of decentralized innovation!
Only Bitcoin, please? 😌
Let’s read you a story, shall we?
Coinbase CEO, Brian Armstrong, says that SEC once asked Coinbase to remove ALL cryptocurrencies except Bitcoin!
Here’s the chain of prior events:
😎 SEC's Request: Delist nearly 200 tokens from Coinbase's platform, leaving only Bitcoin.
🤔 Armstrong’s response: Why do you say that?
🤷♂️ SEC: We’re not going to explain it to you. Remove all except Bitcoin.
🤨 Armstrong: Agreeing to this could mean the end of the crypto industry in the U.S. So, I’ll go to court instead.
👩⚖️ SEC: Okay. We’re filing a lawsuit, accusing you of not following the rules and saying 13 cryptos were not registered.This happened in June 2023.
This idea is also shared by SEC's big boss, Gary Gensler. He said in an old interview that all other things apart from Bitcoin are "securities". 😳
Right now, both SEC and the CFTC want to control the crypto business in the US.
But a new rule that would give most control to the CFTC and clear the SEC’s role in crypto just passed in the House Agricultural Committee on July 27. ✅
Adding to this, In India, the Supreme Court bench isn't pleased with the government's slow pace in laying out clear crypto regulations. All this points to an urgent need for clear guidelines and understanding between regulators and the crypto community globally! Read More.
Got a product you want to get on our 34K+ readers’ radar? Reach out to us at gm@spacekayak.xyz and spill the beans - let's get your product the hype it deserves! 🚀
Work in Web3 👩💻
Put your learning to work, upskill and join discussions that will help you level up!
Content Writer ✨ Spacekayak
Head of Sales 📈 Zondacrypto
Backend Engineer 🛠 Kodex
Short Web3 Pecks 🐦
First of all, it is Ethereum’s Big 8 🎂 From a 'world computer' dream to $225B reality. Censorship-proof, DeFi-booming, and now greener. Happy Bday, ETH! You've aged well! 👏
Now, onto Posty’s fresh pecks from the world of web3!
🔒 SBF's Bail Bust: DOJ wants FTX's Sam Bankman-Fried's bail pulled, citing witness tampering and diary leaks. Judge Kaplan's call - tighten the leash or yank it?
🐆 Puma Pounces on Web3: Puma aims to conquer Web3 commerce, seeing it as the next e-commerce and social media boom. Catching the wave early this time?
🥚 Golden Egg Gamble: FRUITS unveils 'Golden Egg Wonderland', a Web3 game where digital eggs hatch into real gold!
📉 Curve Finance Catastrophe: A code flaw leads to a $47M exploit. Bad news for DeFi darlings like Ellipsis, JPEGd, and Metronome!
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