In this episode, we discuss the latest news in the crypto world, including:
- SpaceX subsidiary, Starlink, has obtained payment licenses in several US states. This means that Starlink customers will be able to pay for their subscriptions using cryptocurrencies.
- A Certik audit has found that many AI-powered smart contracts are flawed and can be hacked. This is a major security risk for the crypto industry.
- Coinbase-incubated DeFi platform, Base, has suffered an outage. The team says that no funds are at risk, but the outage has raised concerns about the security of DeFi platforms.
- MrBeast's Creator League, a NFT-based gaming league, has been postponed after several gamers pulled out due to backlash against NFTs.
- MetaMask has partnered with PayPal to allow users to buy, sell, transfer, and withdraw cryptocurrencies using PayPal. This is a major step towards mainstream adoption of cryptocurrencies.
- The creator of the Bored Ape Yacht Club NFT collection is giving away Bitcoin ordinals as part of a puzzle game. This is a unique way to promote NFTs and Bitcoin.
#CryptoNews #ElonMusk #SmartContracts #Coinbase #NFTs #Metamask #Bitcoin
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News Links 👇
https://www.coindesk.com/markets/2023/08/31/first-mover-americas-musks-x-obtains-payment-licenses-in-several-us-states/
https://cointelegraph.com/news/ai-smart-contracts-flawed-fail-under-attack-certik
https://decrypt.co/155083/coinbase-incubated-base-suffers-outage-team-says-no-funds-are-at-risk
https://decrypt.co/155041/mrbeast-promoted-creator-league-postponed-after-gamers-bail-amid-nft-pushback
https://decrypt.co/155039/metamask-sell-transfer-withdraw-cash-out-paypal
https://decrypt.co/155022/bored-ape-creator-giving-away-bitcoin-ordinals-puzzle-game
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!
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