TLDR Crypto Daily Update 2022-10-21

Tether ATMs 🏦, Plaid enters crypto 🪙, US dominates DeFi 💱

📈
Markets & Business

Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil (2 minute read)

Tether will make USDT available at 24,000 ATMs in Brazil starting on November 3. USDT will be converted to Brazilian reals through crypto services provider SmartPay. Users will be able to send USDT from any wallet to ATMs. They will also be able to deposit Brazilian reals at ATMs and receive USDT in their wallets.

Jack Dorsey-Backed Decentralized Social Network Bluesky Gets 30,000 Signups in 48 Hours (1 minute read)

Bluesky received 30,000 signups on its waitlist within 48 hours of its announcement. The Jack Dorsey-backed decentralized social network aims to build a social internet and help users avoid data silos. Its app is based on a decentralized social media protocol that makes social media open source and interoperable. Invites to the private beta will be rolled out in stages due to overwhelming interest.
🚀
Innovation & Launches

MetaMask SDK (1 minute read)

The MetaMask SDK has now launched in a public beta. It contains a set of tools for connecting dApps to wallets over every platform and environment. The SDK will enable native mobile and desktop apps to connect to MetaMask wallets. It is compatible with MetaMask mobile version 5.8.1.

Plaid Unveils ‘Wallet Onboard’ Tool, Promises Crypto Product Push (2 minute read)

Plaid's first crypto product is a wallet connector. Wallet Onboard makes it easy for crypto developers and their customers to plug into over 300 different Ethereum wallets. It is non-custodial and it doesn't store any data. The company plans to use Wallet Onboard as a launchpad for an array of web3-focused products, including an identity verification tool for DEXs.
💡
Guides & Resources

Diving into the Vyper compiler: AST, IR nodes, and more (20 minute read)

This article discusses the technical details of how Vyper turns code into bytecode for deployment. Vyper is a general-purpose programming language that compiles down to Ethereum Virtual Machine bytecode. It is designed to simplify the process of creating secure Smart Contracts.

Sam Bankman-Fried just published his thoughts on the future of regulation in crypto (2 minute read)

Sam Bankman-Fried suggests that crypto regulations include rules for on-chain blocklists maintained by the US Treasury and updated in real time, exchanges to police their own listings based on their own analysis to whether specific tokens are securities, adoption of tokenized equities, standardized token disclosures and crackdowns on misleading marketing, registering front-ends as broker-dealers requiring KYC, and backing all stablecoins at least 1:1 with equivalent fiat instruments.
🦄
Miscellaneous

US Accounts For 37% of All DeFi Volume—More Than Any Other Region (2 minute read)

Bitcoin dominance decreased by 6% between July 2021 and June 2022 in the US. The slip is partly due to the US accounting for more DeFi activity than any other region. The US accounts for 37% of all DeFi activity. NFTs have drawn many mainstream customers to DeFi. US citizens were involved in one out of every five crypto transactions in the past year.

In Defense of Aptos, Crypto's Punchline This Week (5 minute read)

Aptos' APT token dropped about 50% in its first 24 hours of trading. The project has been criticized since its launch for its low transaction throughput. It is still very early days for the blockchain. Aptos' tokenization scheme is in line with its competitors. Coinbase and Binance bought tokens early to provide liquidity at or near launch.

Keep Up With Crypto in Just 5 Minutes

Kepp Up With Crypto in Just 5 Minutes

Cut through the noise with our daily newsletter, get links and summaries of the newest innovations, tools, and launches in the crypto ecosystem

Join 120,000 readers for one daily email
Quick Links

Rarible Expands NFT Aggregator With Token Rewards That 'Can’t Be Gamed' (5 minute read)

Rarible's new token incentives are designed to minimize wash trading while rewarding users who pay creator royalties.

FTX Recovery Plan Could Reimburse 72% of Voyager Users' Funds (2 minute read)

FTX's deal can't be completed until a US Bankruptcy Judge approves Voyager's bankruptcy payout plan.

Coinbase Implements Commission-free Trading To Increase USDC Accessibility (2 minute read)

Coinbase will waive commission fees when customers buy or sell USDC via any fiat currency on its platform.

Fidelity’s Crypto Platform to Add Ether Trading for Institutional Clients (1 minute read)

Fidelity Digital Assets' institutional clients will be able to trade ETH starting on October 28.

Keep Up With Crypto in Just 5 Minutes

Kepp Up With Crypto in Just 5 Minutes

Cut through the noise with our daily newsletter, get links and summaries of the newest innovations, tools, and launches in the crypto ecosystem

Join 120,000 readers for one daily email
Links
Sponsor
About
Contact
Privacy
Terms 
Disclaimer
TLDR Media, LLC
515 W 18th St. Unit 621
New York, NY, 10011
TLDR Media, LLC
515 W 18th St. Unit 621
New York, NY, 10011