Tag Archives: Meme

Are Meme Stocks Making a Comeback? From Krispy Kreme to GoPro

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Shares of struggling retailers and well-known consumer brands have surged as amateur traders cast aside Wall Street doubt and mobilized online. It resembles the events of 2021.

However, this new memestock rally may eclipse those from four years ago, when investors flocked to familiar but overlooked stocks like video game retailer GameStop and cinema chain AMC.

Retailers Coles, camera company GoPro, fast food chain Wendy’s, and donut chain Krispy Kreme this week accelerated the rise of well-known volatile stocks, fueled by social media chatter reminiscent of the 2021 meme stock frenzy.

Actress Sidney Sweeney sparked excitement around clothing retailer American Eagle Outfitters after announcing her involvement in the brand’s new marketing campaign. Consequently, the company’s shares surged approximately 10% during Thursday’s trading.

Meme stocks “are poised to expand in size and scope, reconfiguring what’s deemed important in retail,” as per Jaime Rogozinski, founder of The WallstreetBets Reddit forums responsible for numerous volatile gatherings.

“The finance landscape is undeniably evolving with blockchain and AI trading autonomously,” he noted. “And retail groups are adapting alongside these changes.”

Rogozinski launched WallstreetBets in 2012 but was removed as a moderator by Reddit in 2020.

Forum participants actively share their research and insights. “It represents a decentralization of financial analysis power,” stated Noor Al, a moderator at WallstreetBets. “Great ideas can originate from anyone, anywhere.

“We observe the substantial influence of collective financial power, driven by ideas and community,” he added.

The 2021 memestock trend produced influencers like the memeable Kitty, emerging from a time when many amateur traders were confined at home and buoyed by pandemic relief funds.

It’s uncertain if this latest wave will yield similar successes. This week, Kohl’s shares soared by 32%, GoPro jumped 66%, and Krispy Kreme rose by 41%. These spikes illustrate that some investors are increasingly willing to embrace risk, especially with record stock highs making it hard for tech-heavy markets to outpace.

Investing in memestocks is often seen as an emotional or ideological choice, rather than grounded in economic fundamentals. Donald Trump’s Trump Media & Technology Group, which owns Truth Social, is currently valued at over $5 billion, generating roughly $1 million in quarterly revenue.

The spirit of Wallstreet Bets “has long embraced a mix of irony and relevance to the stock market,” Rogozinski mentioned, referencing fast food chain Wendy’s. “Wendy’s has maintained its meme status for the past decade. It always brings a sense of amusement because, on Reddit, you often see something like, ‘Sir, this is Wendy’s.’

“It’s an inside joke with roots I’m unsure of. It’s simply a meme,” he added. The fleeting spike in stocks—like a 10% increase over two days—illustrates that some retail investors may not prioritize typical market drivers, such as inflation and geopolitical conflicts. “It showcases our tendency to mock the financial system.”

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Ultimately, long-term institutional players often secure the last laugh, Rogozinski acknowledged. “Yet in the short term, there’s ample opportunity in this volatility. The rapid fluctuations of stocks highlight a crucial need for relevance within the financial system.”


The present market landscape doesn’t entirely mirror the low-interest rates and retail investors’ optimism from the COVID-19 era, but current market records and a strong economy are once again making meme stocks appealing. “We’re witnessing signs that this is a robust meme revival,” stated Brent Kochuba, founder of derivative-data company Spotgamma. He informed Bloomberg.

“The macroeconomic environment is particularly favorable for retail and speculative investments,” Al concurred. “We observed increased speculation and enthusiasm, with retail players responding quicker and offering insights.”

Logoszynski noted that traders aren’t necessarily focused on a company’s financial health. “This activist said, ‘I don’t care about the financials, the discounted cash flow. I like food, I like video games. I like memes.’

Currently, there’s an added “third factor” influencing investments, exceeding traditional supply and demand. “It doesn’t matter if it goes up or down or what assets or liabilities it possesses; I’m drawn to this company.”

Source: www.theguardian.com

My parents found popcorn in my hair and it turned into a magical meme from Minecraft movie games

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tDuring his week I took my son Zack with me to watch a new Minecraft movie. This is not a surprising statement in the world of highly video game brands of cinemas in the 21st century. At least, it’s not yet.

As we’ve seen in many bewildered news reports over the past few days, Minecraft films quickly created a community of extremely enthusiastic and enthusiastic fans. Spurred by Tiktok Meme posts, a huge portion of the film’s audience screams and sings to the song, citing important lines when they happen. At one key moment when the game’s rare character, the zombie chicken jockey, is introduced, they absolutely go crazy, throwing drinks and throwing popcorn. Escorted from a police screening.

Our small independent cinema in Fromm had a little more calm reaction, but there was still a line of teenagers who saw all of Tiktok posts screaming about them all. It was loud enough for cinemas to post on Facebook about antisocial behaviour and illegality of recordings in the film.

There is much to unfold here about the exclusive nature of internet culture, cinema etiquette, and the online community’s transition to physical space. Most of the audience’s reactions were fine. It’s a deliberately a Daft film made for fans, and it’s thrilling to celebrate fandom with like-minded peers in a crowded space. The film itself always rewards people who are immersed in fiction. We also enjoy finding a lot of Easter eggs (“Oh, that’s hero blin!”) and small cameos from Minecraft Youtubers and game developers. There are also some really funny moments of slapstick and sarcasm, depending on the committed performances from Jack Black and Jason Momoa.

Flying as high as the popcorn in the movie… a Minnecraft movie. Photo: Warner Bros./AP

But for Zack, who is 19 and with autism, and for many of the little kids in the auditorium, the atmosphere can be confused and a bit intimidating. Although screenings for Marvel films such as Avengers: Endgame and Spider-Man: No Way Home were compared to wild responses, mostly spurred by events at FILM Infilm. We all understood why Captain America successfully caught Thor’s hammer and people cheered on.

With Minecraft films, the prompts for audience responses are primarily from memes and are a branch of inexplicable internet comedy in its nature. The joke is that you can see jokes from other people who get jokes. Out of context, memes are private jokes where you are. Perhaps the closest analogy is the culture around rocky horror picture shows That legendary fan screening It features a water pistol and drug outfit at Fleapit Cinemas. However, these events were opt-in. Everyone knew what they were getting. I don’t know if the same can be said for all parents who leave my screening picking my screening from my hair.

But we really enjoyed watching the movie. When Zack was young and had a hard time communicating, Minnecraft was a precious outlet for him, allowing him to be creative and make friends. He still plays to this day. It was his comfortable blanket and it changed our lives – especially because I ended up writing a novel, a boy made with blocks, inspired by our experiences in the game. It was an emotional experience to hear that refined piano music in the film, share those jokes, and see what had a huge positive effect on my family portrayed on a huge screen among other fans.

Of course, teenagers are Assumption To be confused and intimidating – that’s their job. You can’t wander around by handing over an uneasy generation, saying, “They’re pranks so let’s ban them from the cinemas.” Also, during these challenging times for the film industry, filmmakers need to find ways to engage with teenage audiences who are out, whether it is due to the cost, social anxiety, and the all-inclusive nature of digital culture. Minecraft movies are the most perfect unicorns in the entertainment business. A multi-million dollar blockbuster that has reached the most unreachable generation of modern history. Many studios get busy solving how to film this meme-soaked magic on a bottle.

Perhaps the film owners will be wise and organize their dedicated autism-friendly screening, or on the other side of the scale, embrace chaos and do a special fan night. They need to prepare to pay a little extra to the cleaning staff.

What to do

Like an old war comic… Commandos: Origin. Photo: Kalypso Media

Hundreds of years ago (well, 1998), my favorite example of the busy genre of real-time strategy at the time was Commandos. Commandos: Origin It is a rethink of the series, modernizing the intricately detailed isometric landscape of the original, focusing on stealth and sabotage. It’s like you’re in your own interactive version of an old war cartoon Warrior and Combat actionand I am ready to lose repeatedly trying to take the sniper to the Guard Tower without being discovered by the Nazis on the patrol.

Available at: PC, PS5, Xbox
Estimated playtime: Over 20 hours

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What to read

The Nintendo Switch 2 still wraps some specs. Photo: Richard Drew/AP

  • I have a polygon Some interesting follow-ons Since recently Nintendo Switch 2 Announcement: The console’s highly heralded group chat feature is not free. Instead, owners will have to pay a monthly fee to talk to their peers while playing.

  • Elsewhere, it was produced by the Digital Foundry team at Eurogamer Typically a good deep dive Inside Console technical specificationswe still don’t know much.

  • UsingGame development AI It continues to be debated This aftermath feature Talking to a game maker who has to deal with artificial intelligence is eye-opening and important.

What to click

Question block

They haven’t lost the plot… Dragon Ball Fighters. Photo: Namco Bandai

This week’s question comes from Stephen Man Blueski, asked:

“Fighting games tend to have some of the deepest stories. But there’s a stigma that fighting games are just a button-click competitive. What can developers and players do to break this stigma?”

I think this comes from the disconnect between the action in the fighting game and the content of the story. Usually, all stories occur with cutscenes and pre-match taunts, so players can feel separated from lore. Some fighting game designers have begun to draw more stories interactively to express the story using specific locations, costumes and movements. I think Injustice and Blazblue Do a good job with this during Namco’s anime-based fighter jets Dragon Ball and Naruto It really packs the ongoing plot into the fight. Fighting game developers may be able to consider splitting the match to enter story sequences, so players will invest more money in the story and understand the stakes. As for players, I have always found the fighting gaming community to be extremely welcome. That’s all they really need to do.

If you have a question blocking question or anything else to say about the newsletter, please click reply or email us at butingbuttons@theguardian.com.

Source: www.theguardian.com

Exploring the Exciting World of Meme Coins: From Dogecoin to $Trump

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tA few days before his inauguration as US president, Donald Trump made an extraordinary move. He launched Trump, a so-called meme coin that fans and speculators can buy in the hopes of gaining value. Initially, $Trump surged from a value of $75 to $75 per coin in a day, according to Crypto’s price tracking website CoinMarketCap. Two days later, it fell to about $40. Just like the next First Lady Melania Trump launched her own meme coin, $ Melania. Even the pastor at Trump’s inauguration, Lorenzo Swell, promoted the $Lorenzo edition the same afternoon, sweeping it out into a frenzy of memecoin.

So, what exactly is a meme coin? And why are everyone and their pastors suddenly involved?
Memecoin is a type of digital assets based on memes. Usually it becomes a virus online. Best known is Dogecoin, inspired by a popular meme featuring a wave dog talking in the cartoon Sands. However, Dogecoin is a bit different from the many recent memecoin masses, according to Simon Peters, Crypto analyst at trading platform Etoro. DogeCoin, released in 2013, has its own blockchain. This is a decentralized ledger technology that supports cryptocurrencies such as Bitcoin. The majority of other meme coins are “tokens.” In other words, it runs on an existing blockchain, so it is rarely necessary for technological development methods.

These tokens are very easy to make. There are millions. The only real purpose of most meme coins is speculation. Users create or buy in the hope that their value will rise and they can make more money very quickly.

Sounds advantageous, what is the catch?
In reality, the majority of people lose money. Most meme coins are volatile and short-lived. Peters also says they are susceptible to what is called a “pump and dump” scheme or “ragpull.” This allows creators to keep many tokens themselves, hype their projects on social media to attract other buyers, increase value, throw away all tokens, flood the market and crash prices. “Then everyone moves on to another person,” says Carol Alexander, a professor of finance at the University of Sussex. Given that the crypto market is largely unregulated, investors can hardly rely on them when something goes wrong.




The First Lady also launched her own meme coin, $ Melania. Photo: Beata Zawrzel/Shutterstock

There are no regulators or guardrails.
All of this hasn’t put off people, and there’s been a boom in memecoin over the past year. Alexander compares it to previous trends around the NFTS. There are several reasons for recent interest. In January 2024, Pump.Fun, a platform that allows anyone to easily create meme coins, was launched (although it was blocked in December, but
Warnings from Financial Conduct Authorities). The crypto-friendly Trump election may have encouraged the community as well. But the key drivers of the meme coins are “wanting to try out young men, disillusioned and rich people quickly,” says Alexander.

That would explain why they are based on internet jokes and pale humor…
surely. At the time of writing, I will refer to some top meme coins. Shiba inu variety is a specific touch point. Others include Pepe tokens based on cartoon frog memes related to Alt-right, and Gigachad tokens that refer to the “alpha male” meme. Meme subjects also tried to push the viral fame into the profits of the code: In December, Harry Welch is known as “Hawk Tou Girl,” after a viral video referring to oral sex, but $hok Tokens have been released.
Losing 95% of its value).

Bitcoin and meme coins Is it essentially the same?
Meme Coins has the foundation of cryptocurrencies such as Bitcoin, but early Bitcoin developer Mike Hearn says it has little to do with the original Crypto Vision. He left the Bitcoin community in January 2016. Because he disagreed with the direction it was heading. He wanted to see cryptocurrencies that are used as real alternatives to traditional finances, rather than just speculative assets. The meme coins are a continuation of this trend, he says: “They are basically in the form of gambling, like a more uplifting version of the stock market, but they have little to do with anything concrete. There is none.”

To me it doesn’t sound as crazy as an online betting site…
Next, consider the story of Andy Ayrey, a New Zealand-based artist who trains an AI language model and sets up an X account @truth_terminal. Ayrey explains that bots are like teenagers “without a social awareness of when, when, or not.” Truth Terminal especially enjoyed posting about Goatse, an unsafe work meme that became part of early internet lore.

After interacting with X’s Crypto account, AI became interested in Meme Coins, and Ayrey set up a Crypto wallet for that. Then things got weird. Inspired by the bot’s post, strangers – Irey says who doesn’t know – created a yads-themed token with pump.fun and sent it to the true device. Truth Terminal promotes the token on its account, and “all hell was unleashed,” says Ayrey. The market capitalization of the token – the total value of all tokens – shot. According to Coinmarketcap, it reached over $1.2 billion, about a month after its launch.

AI later became involved in another meme coin, Faltcoin, based on a rather relevant meme (again, Early says he doesn’t know who the creator is). Fartcoin has reached a peak market capitalization of over $2.3 billion.

So Was Irey a quids?
It’s not that simple. Through the overall experience, Ayrey introduced some of the issues with Meme Coins. He discovered that the value on paper covers a lot of what he can actually get because of the low liquidity. As soon as you sell a token, its value decreases and it will have a negative effect on others who have the token. Ultimately, he signed private contracts with several investors based on not throwing Falzcoin into the market. He admits it is interesting to have to talk to finance and tax authorities about “far liquidation.” He believes this is part of the appeal of Meme Coin fans. “The more people get mad about it, the more people are, the more people find it interesting and the more fatcoin is, the higher the fatcoin,” he says.

Who is making money?
According to Alexander, the main people who make money from crypto are institutional investors, trading companies that use strategies that are not permitted in regular stock trading. “All the big professional traders are making billions to come, and ordinary people are losing money,” she says.

And Trump?
Alexander thinks his meme coins are slightly different from many coins. It’s a potential alternative to speculation, and users buy it to show support for the President. This is similar to a “fan token” just like something produced by sports teams and athletes. The Trump Token has attracted criticism due to conflicts of interest. Among other concerns, Trump
Owns one of the entities that collect transaction fees. Alexander believes that the coin’s motivation is simple. “It just shows that he can do this,” she says. “He can do whatever he likes and he knows that.”

Source: www.theguardian.com

Meme coin boom following President Trump’s election waves the flag of pure gambling in cryptocurrency markets

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The attention economy can be likened to a phenomenon involving a social media-created celebrity named “hawk tua girl” Hayley Welch. She played a pivotal role in the launch of a cryptocurrency asset named Hawk Memecoin, which quickly gained enormous traction before facing backlash.

Initially valued at $490 million (£385 million) on December 4, the Hawk Memecoin has now exceeded its market capitalization and is valued at $17 million. Welch, a Tennessee native, rose to fame after responding to provocative interview questions but faced criticism for allegedly deceiving her social media followers.

Critics like cryptocurrency commentator Steven Findeisen, also known as Coffeezilla, labeled Hawk’s launch as a “rug pull,” which involves hyping a crypto project for short-term gains and then abandoning it. Despite the controversy, Hawk Memecoin is still being traded, with Welch stating that her team has not sold any tokens.

The rise of meme coins like Hawk reflects the growing trend within the cryptocurrency market, with meme coins collectively valued at $118 billion compared to $20 billion at the start of the year. These coins flood the market, with platforms issuing thousands of tokens daily.

Experts argue that meme coins lack fundamental value and are merely tied to digital trends. Memecoins blend the essence of memes and cryptocurrencies, leveraging social media attention to drive speculation and investment.

Meme coin trading often revolves around internet trends and influencer endorsements, creating a speculative environment with unpredictable outcomes. Participants acknowledge the speculative nature of memecoins, likening their trading to gambling but with the potential for significant returns.




Bitcoin’s value surpassed $100,000 for the first time a month after President Trump’s victory. Photo: Kevin Wurm/Reuters

Source: www.theguardian.com

Elon Musk: The Evolution from Humanitarian to Right-Wing Meme Poster

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ohOtherwise, it would be news that the CEO of one of the world's largest companies endorsed and shared a fabricated headline published by the leader of a fascist party. For Elon Musk, that happened just Thursday.

Unusually for Musk, his post was a retweet of a tweet by Britain First co-leader Ashley Simon, who shared a fake Telegraph headline about British rioters being held in the Falkland Islands, which he deleted shortly after sending it. The 30-minute livestream on X, the social media site formerly known as Twitter, which Musk bought in 2022, garnered almost 2 million views.

Musk's outspoken criticism of the government has surprised many since unrest began across the UK last week, but it is just the latest sign that the billionaire is heading down a path of radicalisation.

After making his fortune in the dot-com boom and then from his involvement in PayPal, Musk invested in Tesla in 2004 and eventually became its chief executive. For a while, he presented himself as you'd expect of a former software executive running an electric car company, speaking at length about the risks of climate change while also launching and investing in projects that fit a broad vision of improving the future of humanity, including SpaceX, OpenAI and The Boring Company.

But starting in 2020, Musk's public profile began to shift. He'd always been a fairly active user of Twitter, but when the pandemic hit, he began posting much more frequently and for the first time faced the world of fact-checking, as soft-spoken claims about the danger and duration of the pandemic led to calls for his account to be suspended for spreading misinformation.

In his personal life, Musk's relationship with his family has been turbulent: His relationship with Claire Boucher, better known as the musician Grimes, began to fall apart in 2021. Boucher, mother of at least three of his 12 children, ended up in court over custody.

Around this time, Musk began sending Grimes “right-wing memes and conspiracy theories,” according to biographer Walter Isaacson, to which Grimes responded, “Is this from 4chan or something? You're really starting to sound like a far-right person.”

At the same time, his daughter Vivian She came out as transgender and changed her name.She declared that she no longer wanted to have “any kind of association with my biological father.”

Musk himself has cited Vivienne as the reason for his political switch, telling pop psychologist Jordan Peterson: [his] son [sic]essentially,” and concludes that his son was “killed by the virus of the awakened mind.”

“Many people who are radicalized have a formative personal experience that serves as a cognitive catalyst for their radicalization journey,” said one radicalization expert, who spoke on the condition of anonymity for fear of retribution. “For Musk, it appears that was his daughter's gender transition.”

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The expert also believes Musk is essentially a man with “few beliefs beyond those that enrich him, and a strong desire for attention and validation. Since beginning his right-wing radicalization, he has received a flood of the latter from the far right, building for himself the largest echo chamber in the world that will only continue to grow.”

The expert added: “What's remarkable is that he experiences little to no consequences for his actions and is successful in blackmailing reality to make people comply with his beliefs.”

In July, Musk announced the creation of a political action committee, America PAC, which will “largely but entirely” support the Republican Party because it supports “meritocracy and individual freedom.” Musk did not say how much he planned to donate to the PAC, but previous reports had suggested he was considering donating as much as $45 million a month.

The extent of Musk's political transformation has even led to concerns about his health. In March, he He said he was not drunk “almost all the time.” He claimed that his use of ketamine to treat depression during his X posting sessions was unrelated to his social media presence.

Source: www.theguardian.com

Dogeverse, a new meme coin ICO, raises $6 million following completion of Coinsult audit

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London, UK, April 17, 2024, Chainwire

New multi-chain meme coin, dogeverseraised $6 million in pre-sale and recently passed smart contract audit.

The new meme coin leverages bridge technology to make tokens available across the most prominent on-chain markets.

Multi-chain approach enables broad accessibility

Dogeverse’s approach to multi-chain availability means that tokens are available across major smart contract-enabled blockchains.

The work is starting with Ethereum, BSC, and Polygon, and will soon be coming to Solana, Base, and Avalanche.

This approach makes Dogeverse more versatile and allows Dogeverse to maintain itself even as users migrate from one of the supported chains to another.

Multichain functionality connects different blockchain communities under one meme coin banner.

Dogeverse raises $6 million as meme coin saga continues

The meme coin market has recently dominated the crypto industry, with a total valuation of over $45 billion.

The presale includes a staking mechanism that generates Dogeverse tokens, and this mechanism works so that the yield decreases as the staking pool grows.

Blockchain security company Coinsult implements smart contracts audit About the new pre-sale meme coin.

According to the findings, Dogeverse has no high- or medium-risk smart contract issues and only one low-risk bug. However, Coinsult points out that the Dogeverse team has acknowledged the issue.

Data shows that Dogeverse is receiving engagement and growth on social media. Within last week, dogeverse x account has over 4K followers, dogeverse telegram The number of accounts has exceeded 2,000.

The project has also been covered by media and market analysts such as ClayBro. to support It is a “multi-chain utility”.

On the other hand, cryptogain was praised It launched the project and notified investors that the exchange's launch would take place soon.

About Dogeverse

Dogeverse is a new meme coin launching on six major smart contract-enabled blockchains. A pre-sale is currently underway that introduces a staking mechanism, encouraging users to lock up their tokens for passive rewards.

Dogeverse presales began in April 2024 at thedogeverse.com with a hard cap of $17 million. It has raised $6 million so far. The project's smart contract was recently audited by Coinsult.

Market participants can access Dogeverse pre-sales here.

contact

dogeverse
contact@dogeverse.io

Source: www.the-blockchain.com

Investors are once again embracing dog-themed meme coins

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Welcome to Chain Reactions.

Get a roundup of TechCrunch’s biggest and most important crypto articles delivered to your inbox every Thursday at 12pm PT. Subscribe here. Editor’s note: There will be no newsletter published on 12/28. I hope everyone had a fun holiday and we can talk in the new year.

Every time a dog-themed memecoin like Dogecoin (DOGE) or Shiba Inu (SHIB) goes mainstream, another memecoin seems to be lurking in the shadows, waiting to pounce on its own hype train .

The value of the latest meme coin Bonk (BONK), a Shiba Inu-themed Solana token, has risen more than 400% this month, according to CoinMarketCap. data. Last week, hype for the token and the Solana Saga mobile phone skyrocketed after owners of the phone learned they could claim 30 million BONK tokens, worth approximately $560 at the time of issuance.

Sagaphone sold out 20,000 units in the US soon after, and Bonk’s price hit an all-time high six days ago. Solana (SOL), the Layer 1 blockchain-connected cryptocurrency that Saga and Bonk are focusing on, also rose more than 21% this week.

Since then, the hype around Bonk has dissipated, but other Solana-based meme coins like Dogwifat (WIF) have also benefited greatly from this interest.

literal token Image of a Shiba Inu wearing a knit cap, At the time of writing, Dogwifat has surged 42.46% in the past 24 hours and 864% in the past 7 days. According to CoinGecko, the token’s market capitalization is currently around $218 million. data. By comparison, Bonk’s market capitalization is more than five times that at $1.14 billion.

Of course, these aren’t the first meme-driven dog tokens, and I doubt they’ll be the last. Still, these market movements indicate that retail interest and appetite is returning to cryptocurrencies after a long bear market.

what is happening in web3

  1. Worldcoin no longer offers Orb certification in India, Brazil, and France
  2. Why asset tokenization could be the main driver for the growth of cryptocurrencies (TC+)
  3. Cryptocurrency valuations “back to reality” in 2023, but venture capitalists expect them to rise again in 2024 (TC+)
  4. AR platform Really launches ‘Fandime’ NFT to reward users with exclusive movie-related content
  5. EthSign brings DocuSign-like functionality to Line, Telegram with a Web3 twist
  6. WazirX trading volume falls off a cliff amid India’s crypto surveillance
  7. Why 30 Web3 founders are optimistic about 2024 (TC+)
  8. Robinhood is delving deeper into cryptocurrencies (TC+)

latest pod



this week's episode, Jacqueline We interviewed Staci Warden, CEO of the Algorand Foundation, the organization behind the layer 1 blockchain Algorand.


Previously, Warden worked at the Milken Institute, where he oversaw initiatives related to capital markets development, fintech financial inclusion, cryptocurrency, and blockchain.


Prior to that, he worked at JPMorgan, where he led public sector coverage as executive director. She also worked at Nasdaq and the U.S. Treasury. Worden serves on the advisory boards of the United Nations Capital Development Fund, the European Parliament's Science and Technology Options Assessment, and the American Financial Technology Association.


As for Algorand, the Singapore-based blockchain aims to be fast, secure, decentralized, and the “greenest” carbon-negative network. At the time of recording, there were approximately 615,000 active addresses.


We discussed the Algorand ecosystem, decentralization, and real-world use cases being built during a bear market.


We also discussed:


    

  • Asset tokenization
    • 

  • The foundation behind blockchain
    • 

  • Challenges in expanding business in the United States
    • 

  • Algorand’s plans for 2024
    • 



apply Chain reaction upon    apple podcast, spotify    Or catch up on the latest episodes using your favorite pod platform. If you like what you hear, please leave a review.


follow the money


    

  1. Financial Web 3 Data startup Tres raises $11 million in Series A round
    2. 

  2. Gaming giant Nexon has invested $100 million in its Web3 venture, MapleStory Universe
    3. 

  3. web3mine, an innovation lab focused on building Web3 tools, raises $6 million in seed round
    4. 

  4. Banking-as-a-Service platform provider Fiat Republic raises $7 million in seed expansion
    5. 

  5. Fyde Treasury raises $3.2 million seed round to help manage and grow on-chain crypto asset holdings
    6. 



This list was compiled using information from Messari and TechCrunch's own reporting.


what else are you writing? 


Ready to step outside the world of Web3? Here are some TechCrunch articles that caught our attention this week.


    

  1. Electric scooter company Bird files for bankruptcy
    2. 

  2. Secondary investors say some valuations remain too high (TC+)
    3. 

  3. Tesla asks for pause in federal racial discrimination lawsuit while finalizing other lawsuits
    4. 

  4. 8 predictions for AI in 2024
    5. 

  5. Small, affordable EVs lost in 2023
    6. 



Follow us on Twitter @Jacqmelinek Get the latest cryptocurrency news, memes, and more.





Source: techcrunch.com