Reading time 3m20s
GM folks 👋
BTC broke $20k this morning, but who’s getting out of bed for a $20k Bitcoin at this point?
Okay, guilty 😅
- Red Notice for Kwon ⛔
- Walmart’s Metaverse ❓
- FTX’s $1.4B deal 💰
- Cosmoverse Makeover ⭐
- NFT Mastercards 💳
‘Red Notice’ Reportedly Issued for Terra Founder Do Kwon
Do Kwon is still Tweeting while on the run from the South Korean police 😂
According to Bloomberg yesterday, a “Red Notice” was placed on Kwon by Interpol, which is a request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action.
It effectively means Kwon is wanted in 195 countries around the world.
If you go to Interpol’s website you won’t find Do Kwon on the Red Notice list (at the time of writing).
So I guess he’s innocent 😅
I mean, he even says he’s making 0 effort to hide and that he goes on walks!
Ah yes, the exact same amount of effort as he put into making sure UST didn’t collapse 🧐
Next time one of you CT (Crypto Twitter) peeps are out for a stroll in the middle of the desert, make sure to keep an eye out for the billionaire litterbug!
No but really..
He should probably turn himself in.
That’s totally what I would do if I had a large chunk of the population wanting me dead 😉
But hey, I can’t complain about having another reason to share this bad boy.
Reports also claim that Kwon’s LFG wallet had transferred 3313 BTC (~$69M) to two exchanges immediately following the issuance of his arrest warrant on Sept 14.
Introducing: Walmart Land
This is not some kind of joke 😄
Actual paid employees who (presumably) went to actual schools to learn actual marketing actually thought “Walmart Land” was the best name to go with.
That’s about as creative as calling a gaming metaverse something totally mundane like “Universe of Play” 👀
Nah really though, it’s made for kids so the bland names kind of make sense in that context.
Roblox is a popular web2 gaming platform and both of Walmart’s new worlds are built on it.
CNBC reports that Walmart Chief Marketing Officer William White described the Roblox worlds as a “testing ground” for future metaverse moves.
This is like the kids’ Matrix moment.
Just look at the exposure and branding Walmart has.
The idea of meeting Chase from Paw Patrol in virtual reality would enthuse and familiarize millions of children with the metaverse concept.
Hopefully they keep pushing forward with those big marketing $$ 👀
How much did Walmart spend on advertising in 2022?
Tap your answer below to see if you’re right!
Web3 Pipeline 📢
FTX wins bid for Voyager Digital’s assets - the popular crypto exchange, FTX, reportedly won with a bid of $1.4B. According to the reports, Galaxy Digital’s assets are loosely valued at around $1.4B. Probably none of this is accurate because it’s unclear what happened behind the scenes, and it’s still very unclear what will happen to the funds of all the people Galaxy Digital owes money to (they’re still in the chapter 11 bankruptcy process). A representative from Voyager Digital stated this was the “best alternative for Voyager stakeholders,” and since they’ve been so transparent and trustworthy in the past, we can all just take this at face value.
Cosmos gets a makeover - Cosmos is an L1 blockchain that aims to connect all other blockchains and foster interoperability. It’s powered by their native token, ATOM. They were hosting the Cosmoverse conference on Columbia on Monday when they revealed an entirely new whitepaper that aims to make the network more decentralized and secure. Unfortunately the news hasn’t done anything to help the price of ATOM, but many of us in the crypto community are excited for the future of this top 25 project.
NFT-customized Mastercard debit cards - through a partnership with European exchange hi, Mastercard has announced the verified holders of some top blue-chip NFT collections (Bored Apes, Moonbirds, for example) will have the ability to get a custom Mastercard with their NFT printed on it (subject to Mastercard’s terms and conditions). The catch is that you need to be a Gold member with hi, which entails staking ~$4,600 worth of their native token.
NFT drops of the day 👀
🛑 NOTE: drops not promoted/endorsed
✅ DYOR and practice safe minting!
That’s all for today frens!
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DISCLAIMER: This is not financial advice. This newsletter is strictly educational and is not investment advice to buy or sell any assets or to make any financial decisions. Do your own research.