@cryptocracy 5 September 2022 more from that month

Bitcoin Summer: Why So Cruel? **To my U.S. friends, Happy Labor Day! Now let’s begin …** How repurposing bitcoin mining heat can solve the **global energy crisis** **(AWESOME CHARTS)**. Can your government **track bitcoin**? Does it matter when the summer’s been **this cruel**? *Bitcoin may have had a cruel summer, but it is resilient enough to pick up again.* https://cointelegraph.com/news/repurposing-bitcoin-mining-heat-can-solve-global-energy-crisis-arcane https://cointelegraph.com/explained/can-the-government-track-bitcoin https://www.coindesk.com/business/2022/09/04/it-was-cruel-summer-for-the-bitcoin-market/

In anticipation of the Merge, Ethereum gains **70,000 new wallet addresses**. Speaking of the Merge, it could change crypto’s **rewards, costs, and reputation**. Ethereum Co-founder Vitalik Buterin says **crypto crashes are good**. Which crypto exchanges support the **Ethereum hard fork**. Buterin predicts **crypto will be in a very different place in 2042**. *If anyone is looking for encouragement that the Merge, and not the promised PoW hard forks, is the future of Ethereum, I think 70,000 new addresses is pretty good evidence. Do not be worried.* https://bitcoinist.com/ethereum-network-attracts-over-70000-addresses/ https://techcrunch.com/2022/09/04/how-the-upcoming-ethereum-merge-could-change-cryptos-rewards-costs-and-reputation/ https://dailyhodl.com/2022/09/03/ethereum-creator-vitalik-buterin-says-crypto-price-crashes-like-terras-luna-are-good-for-crypto-heres-why/ https://www.finder.com.au/exchanges-supporting-the-ethereum-fork https://dailyhodl.com/2022/09/04/vitalik-buterin-makes-bitcoin-prediction-for-year-2042-says-one-big-issue-awaits-btc/ Tether, not bitcoin, is the **most traded crypto**. *Stablecoins tend to be used more during bear markets.* https://kalkinemedia.com/au/news/cryptocurrency/which-is-the-most-actively-traded-cryptocurrency Binance, Nigeria in discussions to create a blockchain-based **digital economic zone**. https://watcher.guru/news/binance-and-nigeria-are-in-talks-to-create-a-digital-economy-powered-by-blockchain Solana founder discusses blockchain **outages and other issues**. https://www.realvision.com/shows/raoul-pal-adventures-in-crypto/videos/is-solana-the-future-of-crypto-vx9l Snapchat **drops Web3 plans**. https://www.dnaindia.com/business/report-snapchat-disbands-its-web3-plans-amid-mass-layoffs-2982443 **Crypto misconceptions** that must be busted. https://www.itnewsafrica.com/2022/09/3-big-cryptocurrency-misconceptions-that-need-to-be-busted/ The **national security implications** of Web3. The 4 critical steps to **better security**. *I’ve said it before and I’ll say it again, anything is hackable.* https://www.lowyinstitute.org/the-interpreter/web3-coming-national-security-implications-too https://venturebeat.com/security/4-critical-steps-toward-securing-web3/ Epic Games CEO discusses **cryptocurrency and the metaverse**. https://www.fastcompany.com/90741893/epic-games-ceo-tim-sweeney-talks-the-metaverse-crypto-and-antitrust LG is introducing **NFTs for smart TVs**, powered by Hedera. *Sometimes, developments come from unexpected places.* Here’s another first: Yellowheart is introducing the first-ever **NFT streaming music player**. https://www.thedefiant.io/lg-smart-tv-nft-marketplace https://beincrypto.com/nft-music-streaming-player-first-ever-hits-market/ How banks can ready themselves **for the metaverse**. The metaverse could bring us closer to a **sustainable reality**. https://fintechmagazine.com/banking/how-can-banks-become-metaverse-ready https://venturebeat.com/virtual/how-the-metaverse-could-bring-us-closer-to-a-sustainable-reality/ Is crypto investing a good way for **eco-friendly businesses to diversify**? https://cryptonewsbtc.org/2022/09/05/can-eco-friendly-businesses-diversify-with-crypto-investing/ Rug Pull Finder falls **prey to exploit**. *If the fraud detection experts fall victim to the curses they seek to expose, no one is safe. Be vigilant.* https://cointelegraph.com/news/nft-watchdog-rug-pull-finder-gets-its-own-nft-giveaway-exploited Swiss crypto bank Sygnum to open **a bank in Decentraland**. *Bravo!* https://www.altfi.com/article/9781_crypto-bank-sygnum-to-open-metaverse-hub-on-decentraland-platform London’s Crypto Policy Symposium has drawing skeptics to **set the record straight** on crypto. https://www.barrons.com/news/cryptocurrency-sceptics-look-to-bend-the-ear-of-regulators-01662356415 How to **recover stolen cryptocurrencies**, Russia-style. https://hackernoon.com/recovering-stolen-cryptocurrency-a-russian-example-of-what-to-do *Snark and commentary in italics. Today’s salad dressing special is House Light.* Cryptocracy is a decentralized newsletter published several times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto. *First published at* *Cryptocracy**. Not to be construed as financial advice. Do your own research.* https://cryptocracy.substack.com/p/bitcoins-cruel-summer-wont-stop-the