Weekly recap
Wondering what’s been going on in the crypto industry? Well, we’ve got you covered! Here’s what you may have missed last week (5 - 11 December 2022).
In the news
Bank of England (BOE) opens applications for a “proof of concept” wallet that will be able to hold a central bank digital currency (CBDC).
Strike enables payments to Nigeria, Kenya and Ghana for U.S. users.
Ledger launches a new hardware wallet - Ledger Stax.
Protocol news
Hello LINK staking 💫
Chainlink, a decentralised blockchain oracle provider, introduces staking of their native token - LINK, which will provide extra security to the protocol. This also allows holders of the LINK token to earn yield natively for the first time.
See you in Shanghai 👋
Ethereum developers have announced the next major upgrade to the network will be “Shanghai”, which is expected to go live during March 2023, delaying the implementation of The Surge. This upgrade will allow for withdrawals of staked Ether (ETH) on the Beacon Chain.
Did you Gno? 🧐
Gnosis chain, a layer 1 network, has successfully merged. It is now the second blockchain to transition to a Proof of Stake consensus mechanism.
NFT Land 🖼️
LGND Music, an online market place for music NFTs, announced a multi-year partnerships with Warner Bros Music Group and Polygon Network.
Own land in Decentraland? Well now you can rent it out! Decentraland, a metaverse platform launches a new feature which allows current land owners to rent out their virtual land.
Pudgy Penguins casually makes a comeback, with the floor price breaking ATH (in ETH terms). Find out more about the state of the NFT market here.
Reads & watches
Meme of the week
Elon confirming Twitter’s character limit raise, mfs:
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