• BinaryX has announced the release of its upcoming space-building simulation game, Project Matthew.
• Players will be able to build cities and recruit robot armies with different skills and abilities to explore new territories.
• BinaryX is currently running a Closed Beta Test for Windows users, registration opens on 13 Mar, 9 PM UTC+8.

BinaryX Releases Trailer For Futuristic Space Game Project Matthew

BinaryX announced today the upcoming release of a space-building simulation game, Project Matthew, with a trailer video giving a first look at the game. The adventure begins as players take over as landlords of a distant land called Matthew and set up industrial production lines to produce resources for further development.

Develop A City

Players are given an NFT plot to start their city, where they can build different types of helper robots that will contribute different skills such as scavenging, battling or exploring new territories to develop the city.

Lead A Virtual Army

Players can also recruit their own robot army with various skills and abilities, challenging enemies on the battlefield in order to earn rewards. The battlefield is divided into levels of difficulty; with more difficult levels offering greater rewards.

Explore Space

Exploration plays an important role in obtaining rewards and resources in this game; players can discover neighboring planets or venture far away ones waiting to be explored.

Closed Beta Test Registration Open

BinaryX is launching Project Matthew’s Closed Beta Test which will be available only for Windows users; registration starts on 13 Mar, 9 PM UTC+8 until 20 Mar at 6 PM UTC+8. More details about it are available on their registration page and social media channels.

• Coinbase user lost $96,000 due to a security breach.
• Coinbase failed to flag multiple unauthorized transactions during the period.
• Coinbase sent an email to the victim saying they were solely responsible for the security of their account.

Coinbase Customer Loses $96,000

A Coinbase user in New York lost $96,000 due to an SMS prompt message that led to a security breach. Despite several unauthorized transactions taking place during this period, Coinbase failed to blow the whistle on them and refused to reimburse the customer’s losses.

Lawsuit Filed Against Coinbase

In May 2022, Crypto investor Jared Ferguson filed a lawsuit against Coinbase for failing to flag these unauthorized transactions and as a result causing his life savings of $96,000 to be drained from his account. The plaintiff argued that according to Federal and State Laws, Coinbase should bear responsibility for missing these unauthorized transactions.

Coinbase Blames User for Security Breach

Coinbase sent an email saying “please note, you are solely responsible for the security of your email, your passwords, your 2FA codes, and your devices” – attempting to shift responsibility away from itself and onto the customer. Furthermore, in 2021 another customer lost a considerably smaller sum of $7,500 due to a SIM Swap hack but was also refused reimbursement by Coinbase.

Crypto Twitter Roasts Customer Support

The unethical practice employed by CoinBase has caused its stock price (COIN) costs drop 2.7% in the last 24 hours at press time costing $62.77 per share while also making it into hot water with Crypto Twitter who regularly roast its customer support team over issues like this one.

Coinbase Launches Base Layer-2 Blockchain

In response however Brian Armstrong – CEO of CoinBase – launched Base Layer- 2 blockchain with transaction monitoring included in compliance with regulations in order attempt make amends with customers and regulators alike.

• Coinbase delisted BUSD, the stablecoin backed by Binance, after New York regulators banned its issuance.
• This blow to BUSD came after Coinbase’s partner Circle issued a complaint to a New York regulator against BUSD issuer Paxos and Binance.
• The regulatory order meant a gradual end of BUSD, with Paxos having to redeem all outstanding tokens until its market cap reaches zero.

Coinbase Delists BUSD: Blow to Binance in ‚Stablecoin Wars‘

Circle Complaint Leads to Regulatory Order

Trouble for BUSD came after Coinbase’s partner Circle reportedly issued a complaint to a New York regulator against BUSD issuer Paxos and Binance. According to Forbes, Circle alleged that Binance did not have enough reserves to cover all BUSD in circulation. At the time, the two stablecoins were competing for the position of second-largest token after Tether. On February 12, the New York Department of Financial Services (DFS) ordered Paxos to stop issuing BUSD citing „unresolved issues“ in its relationship with Binane.

Coinbase Suspends Trading for Stablecoin

As a result of this development, US-based exchange Coinbase became the first player to delist the token from its platform on March 13th, 2023. „We regularly monitor the assets on our exchange to ensure they meet our listing standards,“ said the exchange in an announcement about suspending trading for it. However, users can still withdraw their remaining tokens at any time before or after that date.

Binance Distances Itself from Paxos and Stablecoin

In response, following this public order by regulators, Binane attempted distance itself from Paxos and its own stablecoin as much as possible while downplaying its involvement with it. Over 90% of all outstanding tokens are currently held on their platform which is why this news was particularly damaging for them as well as Paxos who has been ordered to redeem all remaining tokens until their market cap reaches zero.

Conclusion: Stablecoin Wars Heat Up

Stablecoin wars are heating up between exchanges who are now fighting for dominance over this lucrative market sector. With major players like Coinbase taking a stance against one particular token in this case – what will be next? Will other exchanges follow suit? We’ll just have to wait and see!

• AAG is introducing MetaOne® 2.0, a feature-packed wallet with convenient and accessible digital asset management for users and enterprises.
• The wallet now supports four more blockchains, including Saakuru Oasys and Arbitrum, as well as new enterprise features like MetaOne® Connect.
• Upcoming features include wallet address book, Wallet Connect integration, cross-chain asset swap, and fiat off-ramp.

Introducing MetaOne® 2.0

Web3 infrastructure company AAG is thrilled to introduce its latest version of the MetaOne® wallet – MetaOne® 2.0. This feature-packed version makes it easier than ever for users and enterprises to use and manage digital assets thanks to a collection of innovative new features.

Blockchain Support

Following the original blockchain support schedule, AAG is proud to announce that four more blockchains are now supported by the MetaOne® wallet starting today: Saakuru Oasys, Arbitrum, Avalanche and Enterprise features from AAG itself – such as metaone Connect for custom onboarding experiences into Web3 world for partners of AAG.

Coming Soon

AAG has even more planned for their next iteration of the MetaOne® Wallet: Address Book (to save favorite addresses), Wallet Connect integration (for dApps connection), Cross Chain Asset Swap (seamlessly swap assets inside of Meteone) and Fiat Off Ramp (sell crypto directly in bank accounts).

Download Now

MetaOne® can be downloaded on both iOS or Android devices via the app store or the AAG website respectively! Follow their “Getting Started” video to easily set up your account today!

About AAG

AAG is a web3 infrastructure company focused on providing software that helps simplify interactions with blockchain applications and the Metaverse for both mainstream users and traditional companies. Their goal is to also provide education about web3 through various resources like their how-to videos or blog posts!

• Lido DAO (LDO) is considering selling or staking its 20,304 ETH (worth around $30 million in treasury).
• The proposals suggest selling all or part of the ETH for a stablecoin to secure additional runway in current market conditions.
• Another option for the ETH in the Lido DAO treasury is to stake it, with a possibility of selling some of the ETH and staking what’s left.

Lido DAO Proposes Selling or Staking Its Treasury

Lido DAO (LDO), the governing body behind the largest Ethereum staking provider, is trying to decide what to do with its treasury ether worth around $30 million ahead of the Shanghai upgrade, which will enable ETH staking withdrawals. On February 14, Steakhouse Financial, the Lido DAO branch responsible for managing the treasury, made three proposals concerning this amount and surplus stETH held by Lido.

Selling for Stablecoin

One of these proposals outlined a plan to sell all or part of these funds denominated in ETH for a stablecoin such as USDC or DAI. This is because these funds would be used to secure additional runway in current market conditions since Lido has a monthly run rate of $1.3-$1.5 million and holds $20.1 million in DAI already.

Staking the Funds

Another option proposed was to stake the funds instead and possibly sell some of them while still having most of it staked. This could be beneficial if there are significant gains from staking rewards but also means that users cannot access their funds until after they have been unstaked at least 6 months later once Shanghai rolls out its full update cycle.

ENS Proposal

Lido is not alone in looking into selling their treasury ETH recently; Ethereum Name Service (ENS) had proposed to sell 10,000 ETH ($13 million), wanting to decrease their exposure risk to ETH which made up almost 100% of their treasury holdings at that time before voting on it passed just recently last week.

Conclusion

It’ll be interesting to see how Lido decides on its proposal as they are one of the biggest Ethereum stakers currently available on market now and how it adjusts itself towards current environment surrounding cryptocurrencies today overall as well too!

• Tether, the issuer of the world’s largest centralized stablecoin USDT, reported a $700 million profit in the fourth quarter of 2022.
• The company reinvested the profit back into its reserves and ended the year with assets exceeding liabilities.
• Despite crypto market turmoil, Tether has proven its stability by executing over $21 billion dollars in redemptions during the chaotic end to 2022.

Tether Reports $700M Profit Amid Crypto Market Turmoil

Tether (USDT), the issuer of the world’s largest centralized stablecoin USDT, announced on Thursday that it generated a $700 million profit last quarter despite an extremely harsh year for crypto that saw digital asset prices plummet and multiple companies go bankrupt. The company reinvested this profit back into its reserves and ended the year with assets exceeding liabilities.

Resilience in Bear Markets

Tether’s Chief Technology Officer Paolo Ardoino said that despite these difficult circumstances, Tether has proven its stability by smoothly executing over $21 billion dollars in redemptions during this chaotic time period. He added that Tether is proud to have been “a driving force in rebuilding trust within the crypto industry” and will continue to set a positive example for others going forward.

Tether’s Growing Market Cap

USDT is currently ranked #1 on CoinGecko, with a total market cap of over $68 billion. This makes it easily one of the most valuable digital assets available today and a key part of any well-diversified cryptocurrency portfolio.

Lack Of Audit Still An Issue

Despite these impressive figures however, some argue that Tether’s attestations cannot be trusted fully because they have yet to produce an official audit regarding their financials. Until such an audit is released, it may be difficult to accurately gauge how much capital is actually held by Tether at any given time.

Conclusion

In conclusion, while Tether has proven itself to be resilient in bear markets and has continued to grow its market cap significantly since last year, there are still doubts surrounding their lack of transparency when it comes to providing audits on their financials. As such investors should exercise caution when dealing with or investing in cryptocurrency related products issued by them until further clarity can be provided on this issue going forward

• Binance removes the warning signs on Terra’s USTC stablecoin, causing it to surge 14%.
• The LUNC community is voting on the USTC repeg proposal, and expects a pump that will keep its market cap above $1bn.
• A group of crypto influencers is aiming for Do Kwon’s head in order to restore the perilously crashed altcoin LUNC.

Binance Removes Warning Label on USTC

Binance has removed the warning messages on Terra’s fallen USTC stablecoin, causing it to surge 14% in less than 24 hours. This promising development for Terra’s community comes as they are voting on the USTC repeg proposal – which many expect to pass soon.

LUNC Army Expects Pump

The vast community behind Terra (LUNA) blockchain is expecting a bullish trend and a historic pump to stay above the $1bn market cap. At press time, ranked #158, USTC is priced at $0.025 according to CoinGecko; meanwhile its native currency, LUNC, trades at $0.00017287 with an increase of 2.7% in the last 24 hours; while Terra’s forked version LUNA gained 5.6% and trades at $2.14, ranking just outside the TOP 100 by global market cap.

USTC Re-Peg Proposal Passes Quorum

The development is timely for Luna’s active community as many members are voting on the USTC re-peg proposal – which has now passed quorum and is officially passing as of now! The news saw both ‚USTC‘ and ‚USTC Re-Peg‘ trending on Twitter as people discussed what this means for LunaClassic (LUNC).

Intensified LUNC Burns

In order for LunaClassic (LUNC) to come back to life, there needs to be intensified burning efforts from within the community – with several YouTubers and crypto influencers having already contributed towards this cause. However Binance remains the biggest contributor tied over 50% of all burns so far!

Aiming For Do Kwon’s Head?

Meanwhile there exists a group on Discord called ‘UST Restitution Group’ aiming for Do Kwon’s head in order to restore LunaClassic (LUNC). It remains up in the air how successful these efforts will be – but it’s certain that if there were any type of revival then it would depend heavily upon intensified burning efforts from within their active community across multiple platforms!

• The article outlines the importance of a good night’s sleep for proper mental and physical health.
• It explains the consequences of sleep deprivation and offers tips for getting better sleep.
• It also highlights the potential long-term effects of poor sleep on one’s health.

Good, quality sleep is essential for physical and mental wellbeing. Without adequate sleep, our bodies and minds suffer, leading to a range of physical and mental health issues. The amount of sleep required for optimal functioning varies from person to person; however, most adults need 7-9 hours of sleep per night. Without this, we become sleep deprived, which can have a number of serious consequences.

Sleep deprivation can lead to concentration and memory difficulties, as well as a decrease in coordination and reaction time. This can have an adverse effect on our work and school performance, causing us to make more mistakes and be less productive. In addition, it can lead to a greater risk of accidents and injury due to our slower reflexes.

Sleep deprivation can also have a serious impact on our mental health. It can lead to feelings of depression and anxiety, as well as impairing our judgment and decision making. It can also lead to increased irritability and mood swings, making it difficult to interact with others.

In order to get better quality sleep and avoid the consequences of sleep deprivation, it is important to establish a routine. Going to bed and waking up at the same time each day helps keep our internal body clock in sync and can help us fall asleep more quickly. It is also important to avoid caffeine, alcohol, and large meals late at night, as these can disrupt our sleep. Exercising regularly and avoiding screens before bed can also help promote better sleep.

In the long term, poor sleep can have a number of adverse effects on our physical health. It can lead to an increased risk of obesity, diabetes, and heart disease, as well as impairing our immune system, making us more susceptible to illness. A lack of sleep can also lead to impaired fertility and premature aging.

Getting a good night’s sleep is essential for optimal physical and mental health. Establishing a regular sleep routine, avoiding stimulants before bed, and exercising regularly can help improve the quality of our sleep, as well as avoiding the negative effects of sleep deprivation. Long-term, poor sleep can also have serious adverse effects on our physical health, so it is important to make sure we get enough restful sleep each night.

Good quality sleep is an essential part of our physical and mental wellbeing. Without proper sleep, our bodies and minds suffer, leading to a decrease in concentration and memory, an increased risk of accidents, and feelings of depression and anxiety. To ensure we get a good night’s sleep, it is important to establish a routine, avoid stimulants late at night, and exercise regularly. Long-term, poor sleep can also have serious adverse effects on our physical health, such as an increased risk of obesity, diabetes, and heart disease, as well as making us more susceptible to illness and impairing fertility. It is thus essential to make sure we get enough restful sleep each night in order to maintain good mental and physical health.

• Katrina Wolfe accepted the Cryptie for Crypto Unicorns at the inaugural Crypties Awards from Decrypt Studios in Miami
• The Crypties Awards 2022 was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.
• Tezos co-founder Kathleen Breitman discussed her blockchain and NFT gaming with Decrypt’s Stephen Graves onstage at Web Summit in Lisbon.

On November 30, Decrypt Studios held the inaugural Crypties Awards in Miami, Florida. The event was emceed by Josh Ostrovsky („The Fat Jewish“), and presenters included a range of notable crypto projects. The award categories included Game of the Year, Best Protocol, Best NFT, Best DeFi Project, Best Crypto Wallet, Best Crypto Trading Platform, Best Blockchain Platform, and Best Crypto Exchange.

Katrina Wolfe was the proud recipient of the Cryptie for Crypto Unicorns from presenter Avery Akkineni of Vayner3. The other nominees in the category were Stepn, Zed Run, and Blankos Block Party.

The evening was sponsored by a number of prominent firms, such as Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

At Web Summit in Lisbon, Tezos co-founder Kathleen Breitman discussed her blockchain and its proof-of-stake mechanism. She also spoke of her admiration for Tendermint, Ethereum, and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves.

At 0xpo Summit, Clay Robbins of Slow Ventures, Samir Kaji of Volt Capital, Andrew Romans of Conviction, and Gary Rubinoff of AngelBlock discussed the challenges of fundraising in a bear market. Other panelists included Sam Cassatt of ConsenSys, Roham Gharegozlou of Dapper Labs, and General Partner at USV, Albert Wenger.

The Crypties Awards 2022 was a memorable evening that demonstrated the innovation, creativity, and passion of the crypto space. It is clear that crypto is here to stay, and that its potential is only beginning to be realized.

Bulletpoints:
• Blocknative CEO Matt Cutler sat down with Decrypt’s Jason Nelson at 0xpo Crossroads in San Francisco on November 3 to discuss Web3 origin story and Blocknative’s business.
• The Crypties 2022: Highlight Reel was held in December 2022 at Art Basel in Miami, sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, and others.
• Tezos co-founder Kathleen Breitman and Slow Ventures, Volt Capital, Conviction, and AngelBlock joined Decrypt’s Jason Nelson at 0xpo Summit in San Francisco on November 3 for an extensive panel on raising venture money during Crypto Winter.

On November 3, Blocknative CEO Matt Cutler had the opportunity to sit down with Decrypt’s Jason Nelson at 0xpo Crossroads in San Francisco. During the event, Matt discussed Blocknative’s business and his Web3 origin story. He also touched on some of the misconceptions in the crypto space.

In December 2022, Decrypt Studios held the inaugural Crypties awards gala at Art Basel in Miami. The event was hosted by Josh Ostrovsky, also known as “The Fat Jewish”. Presenters from a range of crypto projects gave out statuettes in nine categories. The evening was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

Tezos co-founder Kathleen Breitman joined Decrypt’s Jason Nelson onstage at Web Summit in Lisbon to discuss how the Tezos blockchain has used a proof-of-stake mechanism since its inception. Kathleen also shared her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming.

At the 0xpo Summit in San Francisco, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt’s Jason Nelson for a panel on raising venture money even during Crypto Winter. They discussed the challenges of fundraising in a bear market, and how to navigate the venture capital world despite the obstacles.

All in all, it was a great weekend for the crypto space, with events ranging from panels and interviews to award shows. Blocknative CEO Matt Cutler, Tezos co-founder Kathleen Breitman, and representatives from Slow Ventures, Volt Capital, Conviction, and AngelBlock all shared their insights and experiences at the various events, giving the crypto community valuable knowledge and tools to help them succeed.