🚀Who said NFTs were a waste of time?

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🚀Who said NFTs were a waste of time?

Hi Geckos, are you over those Monday blues?

 

It's always important to stay safe, and that applies to your crypto assets as well!

 

Scammers are always around to relieve you of your hard-earned magic internet money, and they've even taken really drastic measures to do just that.

 

Recently, Uniswap creator, Hayden Adams, discovered that scammers have been running fake YouTube live videos using video clips of him in an attempt to phish for crypto from unsuspecting users.

 

Sometimes, a familiar face may not be so assuring.

 

In today's newsletter, we will be taking a look at memes, ETFs, and NFTs.

 

Read on!

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Social Tokens offers a new way for individuals to tokenize their value on the blockchain, creating new ways for people to interact with one another.


While the idea of "tokenizing humans" have been around, it was the $ALEX and $JAMM tokens built through Roll that truly brought attention into the social token space. The launch of the $ALEX Yield Round soon after only created stronger interest in social tokens in the context of DeFi.


CoinGecko will be hosting with 3 trailblazers to share their thoughts on the rise of social tokens, its potential and much more.


Date: Tuesday, 22 September 2020
Time: 10:00 - 11:00AM EST (GMT -4) [Check your local time]


Speakers
• Bobby Ong - Co-founder, CoinGecko (Moderator)
• Cooper Turley  - Audius, Community
• Alex Masmej  - $ALEX
• Brian Flynn - $JAMM


Register for the event now!

Rarible NFT Sales Hit $5 Million


Whales from the crypto community strongly believe that the digital non-fungible token (NFT) market will one day overtake the market for physical art.


Sales from Rarible were over $5 million dollars in September, while 5,309 of its governance token (RARI) were traded, according to Mason Nystrom, a Messari analyst.


He also mentioned that NFT marketplace, SuperRare, has "grown at an impressive rate".


CoinTelegraph

Yield Farmers Profit But Can't Read Smart Contracts


Our very first Yield Farming survey has shown that most yield farmers are unable to read smart contracts but are raking it in anyway.


Out of 1347 participants, 93% of our respondents are receiving returns of up to more than 500%.


However, smart contract literacy for our DeFi users is only at 40%.


CoinTelegraph


(Editor's Note: Fancy a more comprehensive breakdown from us officially? Check it out here!)

Nasdaq Teams Up With Brazilian Fund To Launch World's First Bitcoin ETF


The partnership between Brazil's Hashdex and Nasdaq has spawned the world's first crypto asset exchange-traded fund (ETF).


On September 18, the Bermuda stock exchange announced the approval of the 'Hashdex Nasdaq Crypto Index'.


3 million class E shares for the ETF will be issued for trade on the platform by the end of the year.


CoinTelegraph

Ring Signature

Initially designed in 2001, ring signatures was proposed as a method to "leak a secret". For example, a ring signature could be used to provide an anonymous signature from "a high-ranking White House official", without revealing which official signed the message. Ring signatures are similar to group signatures but differ in two key ways: first, there is no way to revoke the anonymity of an individual signature, and second, any group of users can be used as a group without additional setup. This signature implementation was then incorporated in cryptocurrency design which gave birth to Monero and other privacy coins.


Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here

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