Weekly coin news with Reddit partnering with the Ethereum Foundation, a sharp decline in criminal activity in the crypto space, the biggest Binance BNB burn ever, Brave Browser integrating IPFS, Kyber Network 3.0, VanEck filing for a Digital Asset ETF with the SEC, BlackRock looking to buy huge amounts of crypto, Visa to pilot a crypto API and USDC integrated in the Stellar blockchain.

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0:00 Intro
1:01 Reddit x Ethereum Foundation
3:05 Sharp drop in criminal crypto activity
4:51 Biggest BNB burn ever
6:05 Brave Browser x IPFS
7:07 Kyber 3.0
8:05 VanEck Digital Asset ETF
10:45 BlackRock looking to enter crypto space
12:27 Visa to pilot crypto API
14:45 USDC on Stellar blockchain

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Today in crypto, insane altcoin gains continue, but Bitcoin’s price remains stuck as Reddit doubles down on Ethereum!
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⏰ Time Stamps ⏰
0:00 Today in Cryto
0:36 Bitcoin Technical Analysis
2:33 Bitcoin Dominance
3:10 Altcoins Going Nuts
4:34 Cryptodotcom
5:57 Bancor Bug
7:16 Gaming Giant Builds on Ethereum
8:23 Reddit Doubles Down on Ethereum
9:51 More Ethereum Scaling
11:00 Ethereum Eating Bitcoin – YUMMY!
12:15 Crypto’s Watershed Moment

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DISCLAIMER
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

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Introduction- 0:00
SwissBorg Now Supports USDC- 4:18
Market Analysis- 5:58
Webinar Reminder- 7:23
COMP Pump & Situation- 7:59
Why the VCs are Missing DeFi- 16:52
Distribution of Fees on ETH- 28:49
The Reddit Great Scaling Bakeoff- 31:04
Matter Labs Deploys zkRollup Feature- 33:17
Ubisoft Launches new Ethereum based collectible game- 37:42
Crypto com Integrating with PayID- 39:50
Q&A- 41:50
Q1- Why is nobody selling bags of fake fiat currency on SilkRoad dark markets? 42:36
Q2- Do you think the best way to scale Bitcoin is renBTC + ZK Rollups like zkSync? 43:11
Q3- Which wallet can you store it on. Not yet supported on Ledger Nano X? 44:54
Q4- For the Webinar, if you claimed your seat, where do you need to go is it streamed right here? 45:11
Q5- Do you think the majority of Bitcoins will be in the form of tokens like renBTC on Ethereum in the future? 46:32
Q6- How to HODL SwissBorg? 47:52
Q7- In your opinion, why are the EUR stable coins not that relevant? 49:27
Q8- Is there is a project that enables you to send crypto via link, so the reciver doesn’t need to send his address? 50:58
Q9- Which ZK Rollups project is better, zkSync or Loopring? 51:41
Q10- Can DEFI get significantly hurt by upcoming recession and financial stagnation? 54:01
Q11- Are MAKER and COMPOUND both limited to ERC20 only? 54:25
Q12- What are your thoughts on Augur? 54:34

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Good Morning Crypto

Ivan on Tech by Ivan Liljeqvist

Reddit’s making some huge strides forward in pushing along adoption to their 330 million monthly active user base with the integration of the “vault” into their IOS and android apps. You have to be a member of the r/Cryptocurrency and contribute to earn their “moons” or r/fortniteBR to earn their “Bricks”.

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Transcript:
I’m always looking out for interesting developments for use cases of crypto. And the biggest one is mass adoption for the larger community. And when in terms of largeness, it really doesn’t get much larger than Reddit. What people don’t know about Reddit is that some 330 million people visit a month, people spend more time on Reddit than any of the other top 10 sites so longer than you think and even believe that YouTube and Facebook and Twitter and all these other sites, there’s such a diverse offering of topics on Reddit that you see a lot of people on there that are really engaged in their communities.

And as far as I can see, they’re technically minded, they’re smart, and you get a lot of really good content from going on Reddit. So The development that happened about a week ago is that within the cryptocurrency subreddit, and they also are doing one on a fortnight, I think are slash fortnight VR. But this one, through your contributions to the site, you’re going to be earning community points which are tied to the karma. And so there are measures in place to make sure that there’s not karma farms and that the votes are for good content and good comments and posts and that sort of thing. So what you’re learning was you’re earning our moons. And these moons are provided for you for free. Of course, you know, Reddit karma is just free internet points, in essence that show how serious you are about delivering good content to the platform to any of the subreddit communities.

So the way this is structured is they did an initial release of 50 million moons for people that have been on the subredditcommunity, it’s over a million people that are actively using it are slash cryptocurrency. And then essentially, that these moons give you the ability to get all sorts of badges and you can post animated gifts. can promote post emojis and the value is really being able to have a stake in the community. And so perceivably that would go up as the community starts to go up. So it’s like, in essence, you’re getting a little piece. And that’s the whole appeal of a dap or one of the D five projects is that if you have like a native token, then you benefit when the whole project gets traction. So if you look in your wallet, you can see that for, you know, select accounts that are members of that community, you go to vault, and you just set up with your profile. And then you get a password that you can either store off the application or within the application. And then yeah, and then it you’re awarded moons. And with those moons, you can get badges and you get colors for your username comments, emojis and here’s kind of how it looks. It’s kind of a cool way to go.

And I like a little bit of a visual components for red and beyond. Posting just the title, image, and of course, loyalty badges that give some gravitas to what you’re saying in the subreddit post. Because a lot of times it’ll be someone new that is doing the trolling, you know, they have a regular account and they have a troll account the troll account, well, if this rate someone they felt slighted them or they think is funny to look for some kickback on an idea that’s being discussed. So, all these are kind of cool to have. And I think it’s kind of an interesting use case for the long term because as it stands, there’s publish0x, there’s all these micro blogging platforms that give people a chance to express their ideas, much as they were able to do in the early days of steam it and then get some actual value, you know, earn a few bucks in crypto being tipped by people on just because of engagement and people wanting to read more content, but in essence it’s back to the use case of providing more value with the microblogging. I mean, think what? With Patreon, it’s nice to support interact directly with your people that you follow on YouTube or you follow their fanfiction or drawings.

But any sort of innovative case that the platform’s equity itself incentivizes people, rather than having people having to pay out of their pocket for Patreon, I think is a more sustainable long term, prospect. But for creators, you know, they’ll have these tokens and they can sell if you’ll remember PewDiePie jumped over to lose em live. And you can use it a little tokens to sell and he was doing really well with tokens because on that platform, they just give you like a little box and the box itself you would press and then it would give you a certain amount of these coins, and each coin be worth like a penny or a 10th of a penny. But if it adds up to millions of these little coins. Continued…

Recently Reddit quietly released a new experimental Community Points feature which was confirmed to be an Ethereum ERC20 token. On your mobile Reddit app (Android at least) you can click on wallet and then go through the steps to set up your own wallet and read/find out more about their community points feature. In this video I’m going to show you all the different screens of their set up process as well as share with you what they are thinking in terms of their initial functionality and use cases. This is an exciting use case for crypto/blockchain adoption so fingers crossed that it goes well and Reddit rolls this out to its massive user base!

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#Reddit #Ethereum #Cryptocurrency

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**DISCLAIMER**- I am not a financial adviser nor am I giving financial advice. I am sharing my opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.

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BREAKING: A design implementation of a blockchain-based ‘points system’ has been posted to Reddit. It looks like cryptocurrency is about to get a MASSIVE BOOST!

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Reddit is implementing a points system on the blockchain! (Official Reddit app on Android) from CryptoCurrency

https://decrypt.co/25019/reddit-is-finally-adding-cryptocurrency-screenshots-show

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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 ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

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