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@cryptocracy in November 2022

@cryptocracy

Hive Announces Support for Ledger Hardware Wallets Every once in a while, I get a client who wants me to write a press release. In this case, it was the Hive blockchain. They've authorized me to distribute the press release as I see fit, so I'm sharing it with you all. FOR IMMEDIATE RELEASE **November 1, 2022** – Hive blockchain and leading Web3 platform, announced integration with Ledger Nano S, Nano S Plus, and Nano X hardware wallets effective November 1, 2022. “Ledger…

@cryptocracy

Twitter and the Drive To Become a Web3 Platform **Summary:** *Web3 is alive and kicking, but NFT sales are nearly dead. Ethereum smart contract development is on the rise like bread dough in Paul Hollywood’s oven. But everyone’s on the edge of their seats this week wondering when Twitter will transform into a Web3 powerhouse under Elon Musk’s tutelage. Plus, you don’t want to miss the lowdown on why no one wants to get down in the metaverse. Keep reading … it’s about to get…

@cryptocracy

The Fediverse, Cryptosocial Earnings, and Hive Tokens Before I get to the meat of today’s post, I want to give you the opportunity to listen to **TwitterMigration: Rise of the Fediverse**. https://www.youtube.com/watch?v=lv_SG8ZZF0I https://youtu.be/lv_SG8ZZF0I Defluenced is hosted by Unkle Bonehead and Yours Truly. Find more Defluenced episodes on the **Defluenced website**. https://defluenced.online/ And now, without further ado, here are my cryptosocial earnings for the…

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Bitcoin Miners Sell Mining Equipment for Deep Discounts Bitcoin miners are selling mining machines at deep discounts. The banking industry uses 56 times more energy than bitcoin mining. One trend that could send bitcoin to the pinnacle of asset classes. Former BitMEX CEO Arthur Hayes says bitcoin buying will end when central bank digital currencies (CBDC) take over. Of course, with more single-sided liquidity pools, bitcoin could be the DeFi foundation. *Bitcoin isn’t likely…

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LBC Has Been Ruled a Security LBRY **lost its case** against the Securities and Exchange Commission (SEC). Judge rules LBC is a security. The LBRY team is retreating to **lick its wounds**. Decrypt says it sets a **dangerous precedent**. *This is the biggest news in Web3 this week. Could it be a precursor to Ripple’s case against the SEC?* ***Bitcoinist says “No.”*** *Reuters points out that Ripple has advanced* ***different arguments than LBRY*** *(could LBRY have won had…

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Book Cover: Looking for Feedback on My Next Book Cover Many of my faithful readers know that I published a book earlier this year titled ***Cryptosocial: How Cryptocurrencies Are Changing Social Media***. It has had a pretty good reception, but I think my next book will get an even better reception. https://www.amazon.com/Cryptosocial-Cryptocurrencies-Changing-Social-Media/dp/1637421834 *Web3 Social: How Creators Are Changing the World Wide Web* is more focused on how Web3…

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FTX Took Us From Crypto Winter to Nuclear Fallout in 1 Week *A bombshell dropped on crypto last week. I’m sure you’ve heard the news. Not all of the links in this newsletter are focused on FTX, but the first 14 are. Enjoy!* FTX announced on Veteran’s Day that it was filing for bankruptcy. And 134 FTX-owned subsidiaries along with it. A list of FTX/Alameda investments. The FTX brouhaha last week had a huge impact on crypto and stretched far and wide, so far in fact that…

@cryptocracy

FTX Caused the Biggest Cryptosocial Surge in History FTX inspired an all-time high in cryptosocial activity. More than 6.9 billion engagements. *See? It wasn’t all bad.* https://blockchain.news/news/crypto-social-activities-hit-ath-with-over-6.9-billion-engagements-amid-ftx-crisis There is a great royalty debate raging on in the world of NFTs. *Many NFT marketplaces are migrating toward an optional-royalty paradigm, but OpenSea has decided to support creator royalties. The…

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What the Dormouse Said: $3,000 for Your KYC? There’s a specter haunting the cryptocurrency space and it’s coming for you. I’m about to tell you something that will shock and lock your jaws. Why I’ve Spent 17 Years Freelancing I’m a firm believer that any of us are only as free as we claim to be. It isn’t words that establish freedom, but actions. No Constitution, no government, no political party, no other human being can *give you freedom*. You either assume it or you lose…

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Who Started the Crypto Exchange War of 2022? **The great crypto exchange war has begun:** Binance made an end-run around Coinbase and now holds the most bitcoin reserve among crypto exchanges—$9.34 billion. *Binance is the exchange of the future, but I’d still bet on decentralized exchanges.* Despite its global success, Binance CEO Changpeng Zhao (CZ) doesn’t see a viable business in India. *It boils down to taxes and regulation.* On the other hand, Binance CTO Rohit Wad…

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Web3 Social: Get These Awesome Crypto and Content Creator E-books at a HUGE Discount Good morning, crypto lovers! Today, I’m breaking from my usual programming to make you a special **high-value one-time** offer that is available for **a limited time**. My latest book, *Web3 Social: How Creators Are Changing the World Wide Web*, is scheduled to release in January. But you can get it right now in a special bundle that is **available for only one week**. This book is available…

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Magic Eden Slobbers On Polygon ***Since it is Web3 Wednesday, I feel compelled to remind you of*** ***this deal******. It’s good for only one week. So check it out and see if it’s for you.*** *HINT: It’s definitely for you.* https://cryptocracy.substack.com/p/web3-social-how-creators-are-changing Let’s Get On With The Web3 Bonanza, Shall We? Magic Eden integrates with Polygon. *If Magic Eden keeps branching out, it could eventually overtake OpenSea as the leading NFT…

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2142 AD Is the Comic Book NFT You Should Be Proud to Know About Non-fungible tokens (NFTs) have entered the comic book world like Batman at a fight scene. 2142 is set in a future metaverse where the last bitcoin has been mined, artificial intelligence (AI) is the norm, and myth and reality co-exist. In an interactive world with role playing-like mechanics, comic book NFT owners vote on how the story unfolds and receive tokenized versions of their personalized webcomic. The…

@cryptocracy

3 Days Left for the Web3 Social Deal **I said on Tuesday** that I wasn’t going to bombard you with sales pitches all week, and I’m going to be true to my word. However, I did want to drop a quick reminder that my book *Web3 Social: How Creators Are Changing the World Wide Web (And You Can Too!)* is available only for a limited time. That is, until it releases officially to the public in January. https://cryptocracy.substack.com/p/web3-social-how-creators-are-changing In case…

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Bitcoin Mining Hits 2-Year Lowstone **Don’t forget, only two days left for** **this incredible special****. And for this** **even more incredible special****.** https://tayloredcontent--infostack.thrivecart.com/crypto https://tayloredcontent--infostack.thrivecart.com/creators Bitcoin mining revenue is at its lowest in two years. BTC millionaire wallets drop 80 percent in one year. Apple Co-Founder Steve Wozniak says bitcoin is the only cryptocurrency that is “pure-gold…

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Twitter on Fire With BlockFi Talks Welcome to another Twitter Tuesday, but before we get to the main event, how about a word from our sponsor? **Last call. Literally. After midnight tonight, both of these deals will go away and you'll never hear about them again.** **The Ultimate Crypto Super Stack** **is a steal. There's no more value in all of cryptodom.** **The Content Creators Super Stack** **is an even bigger steal. More than $3,500 in value for just $49. Take a look…

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Web3 Wednesday: OpenSea Accepts BNB Chain NFTs with Open Arms This week’s Defluenced podcast features me alone as Unkle Bonehead (@unklebonehead) is searching for a new mic. His old one is **on the fritz.** Not the Ritz. The topic this week is Publish0x and I discuss six things I like about it. Before you do anything else today, listen to this. https://www.youtube.com/watch?v=8_RqKROkvPA https://youtu.be/8_RqKROkvPA Also at Defluenced.online.…