What a week it has been, it is still early in the weekend, to start did you read about Twitter now accepting Bitcoin tipping? yes!
Twitter rolled out this feature on their platform. You can now send bits all around the world with in minutes. But that is not really the big reveal no but they added a Verified ETH NFT profile. Which in essence allow users associate eth to twitter accounts. We are for sure still getting Project Blank from the Leofinance team, or something of the sorts.
Have you heard El Salvador is really friggin trying to mine BTC with Volcanos.. Yes the same country that made Bitcoin legal Tender, since their plan was to mine bitcoin with "geothermal" energy, I am assuming this will bring massive value to the country if it manages to pull this mammoth of a project off.
This is crazy to think but I have been noticing fintech companies jumping in on crypto even more so now. I have used Affirm before which is a "buy now, pay later" model. This is a massive company and it has over 5 million customers world wide, now they are looking to allow these member to buy and sell crypto from their accounts... hmm I don't know how that would work. Maybe just allow for people to pay with btc or other coins/tokens.
Overall that was some nice information.... but twitter is a bit eh. BTW NFT's are becoming an even bigger thing, especially in the gaming industry and Youtube Influencers. With the amount of crap they are pulling and essentially getting away with it is a bit depressing, check out Coffezillas' Video on the matter, massive Influencer NFT schemes.
Than we have things like this happen, DeFi bug accidentally gives $90 million to users, founder begs them to return it
Robert Leshner the Founder of the Compound protocol had this to say...
“Keep 10% as a white-hat. Otherwise, it’s being reported as income to the IRS, and most of you are doxxed,” continued the tweet.
I didn't have any compound I only used it a handful of times, since ETH... hella expensive to move around. So much of this goes around and than what who is to blame.. the DEVS? of the millions of people that benefit from the many bugs and issues these platforms have.
That was all for my Weekly Crypto report.
The Cover image was edited added my own elements.