Web3 Working Group

FriendTech, Lenster, mining landfills, Craig Wrong, TornadoCash arrests & more | Weekly Web3 Wrap-up

August 25, 2023 Web3WG Season 1 Episode 9
FriendTech, Lenster, mining landfills, Craig Wrong, TornadoCash arrests & more | Weekly Web3 Wrap-up
Web3 Working Group
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Web3 Working Group
FriendTech, Lenster, mining landfills, Craig Wrong, TornadoCash arrests & more | Weekly Web3 Wrap-up
Aug 25, 2023 Season 1 Episode 9
Web3WG

Welcome to the weekly web3 wrap up with Amy & Devon!

FriendTech blew up big this week, gaining 100K users in days, including NBA influencers. Some still expect that it will just be another trend to quickly die. And it will likely get some attention from the SEC. and they leaked the wallet addresses and twitter handles of pretty much all their users
-https://www.coindesk.com/tech/2023/08/21/friendtech-becomes-massive-ether-money-machine-as-nba-players-faze-clan-join-in/
-https://blockworks.co/news/friendtech-social-sec
-https://coinmarketcap.com/alexandria/article/friendtech-says-users-data-leak-linking-twitter-and-wallet-addresses-is-available-on-public-api
-https://messari.io/report/an-end-to-the-friendzy

Lenster lets you choose your feed’s sorting/filtering algorithm
-https://twitter.com/lensterxyz/status/1689296321323122688
-https://x.com/stanikulechov/status/1689296949868941313

Spatial Computing means we could take entirely new approaches to passwords - Miramax collaborated with A16Z crypto to make a short film showing the concept.
-https://twitter.com/alexprice/status/1692216534423499111

Coinbase Acquires Equity Stake in Circle
-https://news.bitcoin.com/coinbase-acquires-equity-stake-in-circle-companies-reshape-usdcs-future/

Nodal Power raises $13 million to mine cryptocurrencies using the methane produced by landfills
-https://soft4bro.com/news/nodal-power-raises-13-million-to-mine-cryptocurrencies-in-landfills

Craig Wright, the guy who claims to be Satoshi Nakamoto, not having a good week
-https://www.coindesk.com/policy/2023/08/21/bitcoin-developers-push-back-against-craig-wrights-claim-to-billions-of-dollars-in-bitcoin/
-https://decrypt.co/153279/bitcoin-developers-say-craig-wright-admits-to-stealing-millions-in-bitcoin-from-mt-gox

Akash GPU rental market going live on mainnet in less than a week
-https://x.com/akashnet_/status/1694441834188255522
-https://twitter.com/gregosuri/status/1694464447182446975
-https://twitter.com/akashnet_/status/1694771596727398612

Meson network selected for Sony's web3 incubation program
-https://twitter.com/0xchristina/status/1687890994178453504

ArDrive has a mobile app
-https://x.com/alexprice/status/1692216534423499111

A variety of angles to this week’s Tornado Cash legal actions
-https://news.bitcoin.com/founders-of-crypto-mixer-tornado-cash-accused-of-laundering-1-billion/
-https://twitter.com/ryansadams/status/1694481055942594574
-https://twitter.com/RebeccaRettig1/status/1694741010641719376
-https://twitter.com/neerajka/status/1694465261393555546
-https://twitter.com/valkenburgh/status/1694465618022424957

Thailand's new PM is super pro crypto
-https://www.coindesk.com/business/2023/08/23/thailands-new-pro-crypto-prime-minister-was-an-active-crypto-investor/

Web3 Working Group is a nonprofit organization that educates about web3 infrastructure and how it is distinct from cryptocurrency. We educate regulators and the public at-large about how web3 will permanently restore user control of cyberspace, replacing centralized control with transparent and permissionless protocols through incentives aligned with users. We focus on Blockchain / Cryptocurrency.

Show Notes

Welcome to the weekly web3 wrap up with Amy & Devon!

FriendTech blew up big this week, gaining 100K users in days, including NBA influencers. Some still expect that it will just be another trend to quickly die. And it will likely get some attention from the SEC. and they leaked the wallet addresses and twitter handles of pretty much all their users
-https://www.coindesk.com/tech/2023/08/21/friendtech-becomes-massive-ether-money-machine-as-nba-players-faze-clan-join-in/
-https://blockworks.co/news/friendtech-social-sec
-https://coinmarketcap.com/alexandria/article/friendtech-says-users-data-leak-linking-twitter-and-wallet-addresses-is-available-on-public-api
-https://messari.io/report/an-end-to-the-friendzy

Lenster lets you choose your feed’s sorting/filtering algorithm
-https://twitter.com/lensterxyz/status/1689296321323122688
-https://x.com/stanikulechov/status/1689296949868941313

Spatial Computing means we could take entirely new approaches to passwords - Miramax collaborated with A16Z crypto to make a short film showing the concept.
-https://twitter.com/alexprice/status/1692216534423499111

Coinbase Acquires Equity Stake in Circle
-https://news.bitcoin.com/coinbase-acquires-equity-stake-in-circle-companies-reshape-usdcs-future/

Nodal Power raises $13 million to mine cryptocurrencies using the methane produced by landfills
-https://soft4bro.com/news/nodal-power-raises-13-million-to-mine-cryptocurrencies-in-landfills

Craig Wright, the guy who claims to be Satoshi Nakamoto, not having a good week
-https://www.coindesk.com/policy/2023/08/21/bitcoin-developers-push-back-against-craig-wrights-claim-to-billions-of-dollars-in-bitcoin/
-https://decrypt.co/153279/bitcoin-developers-say-craig-wright-admits-to-stealing-millions-in-bitcoin-from-mt-gox

Akash GPU rental market going live on mainnet in less than a week
-https://x.com/akashnet_/status/1694441834188255522
-https://twitter.com/gregosuri/status/1694464447182446975
-https://twitter.com/akashnet_/status/1694771596727398612

Meson network selected for Sony's web3 incubation program
-https://twitter.com/0xchristina/status/1687890994178453504

ArDrive has a mobile app
-https://x.com/alexprice/status/1692216534423499111

A variety of angles to this week’s Tornado Cash legal actions
-https://news.bitcoin.com/founders-of-crypto-mixer-tornado-cash-accused-of-laundering-1-billion/
-https://twitter.com/ryansadams/status/1694481055942594574
-https://twitter.com/RebeccaRettig1/status/1694741010641719376
-https://twitter.com/neerajka/status/1694465261393555546
-https://twitter.com/valkenburgh/status/1694465618022424957

Thailand's new PM is super pro crypto
-https://www.coindesk.com/business/2023/08/23/thailands-new-pro-crypto-prime-minister-was-an-active-crypto-investor/

Web3 Working Group is a nonprofit organization that educates about web3 infrastructure and how it is distinct from cryptocurrency. We educate regulators and the public at-large about how web3 will permanently restore user control of cyberspace, replacing centralized control with transparent and permissionless protocols through incentives aligned with users. We focus on Blockchain / Cryptocurrency.