@cryptocracyOnNoiseApp 16 March 2022 more from that month

MetaMask has surpassed 30 million users and is planning a DAO and its own token. Somehow, this little drama involves Joseph Lubin, founder of ConsenSys. A group of ConsenSys AG shareholders sued Lubin earlier this year over alleged irregularities regarding CAG intellectual property. ConsenSys is the company that developed MetaMask and the lawsuit reveals that JPMorgan owns stake in that asset, which shareholders weren’t aware of. Yikes! ConsenSys is now valued at $7 billion due to a recent $450 million capital raise. Microsoft was one of the investors. Bitcoin bounced back over $41,000. A good sign? Binance is now licensed to operate in Bahrain. Its U.S. branch is a little bit closer to acceptance in all 50 states. Hawaii, Texas, New York, Idaho, and Vermont are the hold-out states. In order to sync nodes, the crypto exchange temporarily halted Polygon transactions yesterday. Don’t you just love the ebbs and flows? The Bored Ape Yacht Club is gearing up to sell virtual land in the metaverse. If you’re not sure what the metaverse is, VICE will break it down for you (a pretty doggone good read, even if you do know what the metaverse is). Three big companies getting into the metaverse: Amazon (almost in) American Express Adobe 3 solutions for quantifying community reputation scores with social tokens (an awesome read). Last month, the Marshall Islands recognized DAOs as legal entities. As the United States explores what cryptocurrencies are capable of and scratching its head about how to regulate, legislate, and implement digital money, the small island in the Pacific became the first sovereign nation to recognize the legality of decentralized autonomous organizations. Although, Wyoming beat them to the punch by a few months. The question is why Marshall Islands? What’s so special about that little crop of land? Now that Facebook’s/Meta’s Diem has thrown in the towel, some members of the Diem coding team have launched Aptos to resurrect the project and have raised $200 million smackaroos. Get the rest of the crypto news at https://cryptocracy.substack.com/p/metamask-passes-30-million-users?s=w