TLDR Crypto 2022-06-23

Tether plans to release a stablecoin pegged to the British pound in July. The company now offers stablecoins pegged to the US dollar, euro, Chinese yuan, and the Mexican peso. Tether is working with UK regulators to create GBPT. The UK government hopes that the UK will become a global hub for crypto technology and investments.

Shopify has launched NFT-gated storefronts, a feature that will let store owners make their stores more exclusive. It will allow stores to limit access to those with specific tokens or NFTs. The feature will be available at brick-and-mortar stores. The future of web3 shopping will be about exclusivity as NFTs are increasingly being used as keys that unlock perks.

dYdX is launching a standalone blockchain to decentralize the platform. It will be built on the Cosmos blockchain ecosystem. Cosmos will provide the platform with extra flexibility around fees and features. dYdx will continue to use a traditional order book model with the new version of its platform.

Ledger is launching an NFT marketplace, web3 services platform for enterprises, and a suite of other products focused on web3 education and security. Ledger Market will prioritize security and transparency to help traders avoid scams. Ledger Enterprise Create is a platform where companies can scale their web3 projects. Ledger Quest is a learn-to-earn game with NFT rewards. Ledger Academy is an educational platform for learning about blockchain technology and security.

This Twitter thread presents a list of people in venture capital funds that invest in web3 startups. The funds include Matrix India, Elevation Capital, Alpha Wave Global, and Lightspeed India. Each profile contains a list of recent investments by the fund.

Arweave is a storage system that lets developers permanently deploy web pages to a decentralized network. This article guides readers through the process of setting up a React app for deployment to Arweave. Readers will be building a simple React app that allows people to connect their wallets.

Coinbase is phasing out Coinbase Pro later this year in favor of Advanced Trade. Advanced Trade mirrors Pro in fee structure and trade execution and it lives alongside Coinbase's other crypto investment products. The change will create more accessibility for retail traders who were unaware of Pro's cheaper fees. Coinbase will launch more features for Advanced Trade in the coming months.