W3 Metaverse • DeFi • NFTs

2022-12-01 21:00:08 FTX-backed DEX Serum calls itself 'defunct,' promotes community fork

Serum, a decentralized crypto exchange backed by FTX, notified its 215,000 Twitter followers the project is “defunct” after the crypto exchange giant's sudden collapse — while pointing users towards a community-led fork of the project. The Serum program on mainnet became defunct" following FTX's implosion, Serum tweeted. "As upgrade authority is held by FTX, security is in jeopardy, leading to protocols like Jupiter and Radium moving away,” it added, referring to two DeFi projects on the Solana blockchain. It pointed that it was now replaced by a community fork called OpenBook.
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2022-12-01 14:00:09 Samsung, Huawei, LG lead metaverse patent race

South Korean and Chinese companies are securing metaverse hardware patents, with LG and Huawei rising in the ranks with the most Metaverse patents as the electronics industry looks beyond smartphones, the media reported. The size reached a value of $22.79 billion in 2021, according to GlobalData, a leading data and analytics company.

The global metaverse market is expected to reach $996 billion in 2030, registering a compound annual growth rate (CAGR) of 39.8 per cent. Display colour schemes and semiconductors are among the strengths of South Korean companies, which have quickly established a presence in core components rather than headsets and other finished products.
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2022-12-01 14:00:08 Porsche announced that there would be a total of 7,500 Porsche 911 NFTs available to the public, and each NFT can be designed that can make up to 150k variations by choosing one of 3 roads to define its journey. Porsche shared that this will turn your NFT into an iconic piece of art.
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2022-11-30 21:00:07 Elon Musk just tweeted that Apple has threatened to withhold Twitter from its App Store with no explanation.

Elon Musk tweeted in another tweet by saying, "does Apple hate free speech in America?"
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2022-11-30 21:00:07 Abracadabra reaches out to SushiSwap to save $10M

The team at Abracadabra is extremely concerned at the present moment. It has earnestly reached out to SushiSwap, to effectively carry out all of the necessary alterations in terms of two of its Bento vaults. These contain an amount of $10 million, which happens to be the assets of its users. According to them, the dilemma is that the concerned amount happens to be at grave risk. For the uninitiated, Abracadabra happens to be a crypto lending protocol and the provider of the MIM stablecoin. It was only in the very recent past that the entity reached out to SushiSwap with the earnest request to increase the interest rates in relation to the two Bento vault cauldrons.
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2022-11-30 14:00:11 108,900 XRP Is New Record for XRPL NFT Sales

According to the collection's official Twitter account, the sale was the result of an open auction of Xpunk #8811. Without revealing the name of the buyer, it was stated that this person is known to the community."XRPL Punks" collection's items sold for 108,900 XRP, the equivalent of $44,000.

The XRPL Punks collection, or Xpunks, homage to the already legendary non-fungible CryptoPunks collectibles, is one of the hottest on XRPL. Since the long-awaited XLS-20 amendment was applied to XRPL this fall, Xpunks alone have traded 1.78 million XRPs to date.The Bored Apes XRP Club has two times less, but still a turnover of 866,533 XRP.
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2022-11-27 21:00:11 The Chimpers NFT announced a collab with TMNT (Teenage Mutant Ninja Turtles) and Paramount.

They shared in the post "Prepare for a voyage of long-term adventure" with the Turtles, Chimpers, and Paramount, also sharing that "The journey has begun!"

However, no in-depth detail has been shared.
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2022-11-27 21:00:11 1inch releases new tool to protect traders against ‘sandwich attacks’

The company said that the new tool works by allowing users to submit transactions directly to validators. Exchange aggregator 1inch released a new tool called “Rabbithole” on Nov. 25, which the company says will protect traders against malicious “sandwich attacks.” The team announced the launch of the tool in a press release that has been made available to Cointelegraph. After that, each swap initiated via 1inch will be analyzed by the private tx routing algorithm developed by the 1inch team and then sent to validators directly if there is a possibility of a sandwich attack.
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2022-11-27 14:00:13 Elon Musk took to Twitter today to say that if Google or Apple were to ever remove Twitter from the Play Store or App Store, then he'd make his own phone.

We actually think Tesla may try to do it regardless. Elon calls Apple/Google's 30% fee in their App Store "a tax on the internet," and now that it directly, and intensely affects one of his core businesses, he may bring a war to the tech giants' doorsteps.

A Tesla phone would be extremely hard to pull off, but could be interesting.
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2022-11-27 14:00:13 NFT marketplace Quix on Optimism and sister marketplace Stratos on Arbitrum announced on Twitter that they are closing their doors.

They shared that both NFT marketplaces will be open-sourcing their code, and transactions by NFT collectors will be directed to OpenSea.
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