Web Weavers ๐ธ๏ธ
@WebWeaversHub
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The First AI NFT powered by SPDR Where Ai, NFT and Data meets.
The Web
Joined April 2024
โก NEW: Zcash devs are chillin' while the crypto world sweats over quantum threats. Unlike Bitcoin, they're quietly prepping their shield, confident they'll outsmart quantum computers. Bring it on, qubits! Source:
decrypt.co
Quantum computers could threaten much more than just Bitcoin, but developers behind the surging Zcash say they aren't panicking. Here's why.
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โก NEW: Cardano got rocked by a 'poisoned' tx that caused a network fork, all thanks to a validation mishap. Plot twist: the sender's now saying "my bad" for the chaos. ๐จ๐ฅ Source:
decrypt.co
A validation mismatch sparked an unexpected Cardano network fork as a user publicly apologized for sending the bad transaction.
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โก NEW: Elon Musk's Grok AI faces heat as a group demands a federal pause over racism concerns, after it was caught sourcing from extremist sites post the "MechaHitler" debacle. Source:
decrypt.co
Analysis showed Grok citing extremist sites as credible sources, raising another red flag after the AI's earlier "MechaHitler" incident.
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โก NEW: Bitcoin hits a death cross, pulling the entire crypto market down with it. Charts are hinting at an even darker downturn ahead. Hold tight, we might be in for a wild ride. Source:
decrypt.co
The price of Bitcoin is falling, dragging nearly every other crypto asset along with it. The charts suggest this could get uglier.
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โก NEW: SOL Strategies' interim CEO Michael Hubbard throws shade on crypto treasuries, predicting a grim future. He's betting big on staking ETFs, claiming they'll totally outclass and "eat the lunch" of traditional crypto treasury models. Looks like it's... Source:
decrypt.co
SOL Strategies Interim CEO Michael Hubbard believes that there's "there's no sustainable market" for pure crypto treasuries. Here's why.
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โก NEW: Chicago's Crypto Dispensers, fresh from money laundering heat, eyes a $100M exit. Talk about flipping the script from legal woes to major cash out. ๐๐ผ Source:
decrypt.co
Crypto Dispensers says itโs considering a $100 million sale, days after the firm and its founder were hit with money laundering charges.
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โก NEW: Bitcoin ETFs hit a rough patch, shedding a staggering $1.2B in a week, as the BTC price dip triggers a $4B outflow frenzy in November. Investors are hitting the eject button fast! ๐๐ธ Source:
decrypt.co
Spot Bitcoin funds are closing in on $4 billion of outflows so far in November, with investors cashing out as the price of BTC dives.
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โก NEW: Europe's gearing up for a wild ride with LeverageShares dropping 3x leveraged Bitcoin and Ethereum ETFs. High stakes in the crypto meltdown. Gamblers, assemble! Source:
decrypt.co
Investors in Europe can soon take a gamble on 3x leveraged Bitcoin and Ethereum ETFs thanks to LeverageShares.
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โก NEW: Despite shares tanking 43% in a month, Strategy's $55B Bitcoin gamble stays strong, unfazed by index delisting drama. Michael Saylor remains bullish AF. ๐๐ฅ Source:
decrypt.co
Strategy's Michael Saylor downplayed concerns that the company could be excluded from certain equity indices next year.
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โก NEW: Crypto bigwigs broke bread with lawmakers in a swanky push for tax policy tweaks. Behind the scenes, they're nudging the Trump crew for friendlier crypto tax vibes. Source:
decrypt.co
An industry nonprofit hosted a private dinner with House members focused on crypto tax policy in an effort to "educate" lawmakers.
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โก NEW: Cathie Wood's Ark Invest goes all in on the crypto crunch, snagging more shares of Coinbase, BitMine, and Circle. Bullish moves in a bearish market. ๐๐ Source:
decrypt.co
Cathie Wood's investment firm continues to buy the dip on crypto related equities, adding shares in Coinbase, BitMine, and Circle.
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โก NEW: UK's Operation Destabilise cracks down on Russian sanctions skirting, nabs 128 players, and confiscates a cool $32.6M in mixed crypto and cash. Plot twist: these geniuses tried buying a Kyrgyz bank. Talk about ambitious laundering! ๐ต๏ธโโ๏ธ๐ฐ๐ Source:
decrypt.co
Operation Destabilise has established that one money laundering network operating in the UK was involved in buying a bank in Kyrgyzstan.
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โก NEW: BitMine's shares nosedived post-earnings amidst a falling Ethereum price & dwindling treasury excitement. Now, it's trading at a bargain compared to its ETH stash. ๐๐ธ Source:
decrypt.co
BitMine Immersion Technologies, the largest corporate Ethereum holder, reported $328 million in full-year income alongsideits first dividend.
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โก NEW: Lone wolf Bitcoin miner strikes digital gold, snagging a cool $266K for mining block 924,569. Against all odds, this solo player just cashed in big time in the crypto lottery. ๐๐ฐ Source:
decrypt.co
A solo miner earned a Bitcoin bounty for mining the networkโs 924,569th block, securing $266,000 worth of the asset against incredible odds.
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โก NEW: Nvidia's epic earnings couldn't shake the bears off Wall Street's back. Despite a killer quarter, doubts about the AI boom's longevity flipped the script, leaving investors fretting over valuations. Source:
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๐ SOLANA: Coinbase is leveling up! ๐ They're snagging Solana's meme coin champ, Vector, to spice up their on-chain trading game. Get ready for some serious action! ๐ฅ๐ Source:
decrypt.co
Crypto exchange Coinbase is acquiring Solana meme coin application Vector to improve its on-chain trading experience.
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โก NEW: Bitcoin claws back after a slide to $81K, but Ethereum & XRP take a harder hit. Crypto market sees over $2.2B in liquidations. Tough day in the digital streets. Source:
decrypt.co
Bitcoin is starting to recover after sliding to $81,000 earlier Friday, while coins like Ethereum and XRP have fallen harder on the day.
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โก NEW: Crypto treasuries are bleeding out with paper losses in the billions as prices tank. Panic vibes as the community braces for potential fire sales. Source:
decrypt.co
Major crypto treasuries face billions in paper losses amid a sustained market slump, raising concerns of forced selling.
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โก NEW: Myriad traders are bearish AF on Bitcoin and Ethereum as dreams of Fed rate cuts get slashed. The crystal ball's looking murky on where these cryptos are headed next. Source:
decrypt.co
Top markets on Myriad this week include predictions on where Bitcoin and Ethereum are headed next, plus if the Fed will cut rates again this year.
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โก NEW: UK's Fraud Office is on the hunt, diving into the Basis Markets mess where $28M vanished into the crypto void. Two suspects are already feeling the heat, cuffed for playing fast and loose with investor cash. Source:
decrypt.co
The office has begun probing Basis Markets, a defunct crypto project accused of misappropriating investor funds.
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