- GM, No Fomo
- Posts
- 🗿 Is the SEC Our Friend?
🗿 Is the SEC Our Friend?
SEC to Greenlight Ether-Futures ETFs
Today’s No FOMO newsletter is brought to you by…
GM. Gm. gm. Crypto dumped heavy yesterday as we simultaneously inch closer toward mass adoption.
I’m no desk monkey but some people are pretty sure this would be a good time to buy (Not Financial Advice – but it is an idea ).
It’s not all bad. PayPal keeps bringing the crypto world things we need, and the SEC is going to let us trade futures.
Without Further Ado. ☕ *knuckle cracks* ☕ Let’s get into it.
Today’s Specials:
No FOMO 🗿 : Ledger Adds PayPal to Buy Crypto 🖇️
No FOMO News 📰 :
📈
AI Intel 🤖 : AI Cameras are Coming to Give You Tickets 🎥
Max’s Gaming Roundup 🕹️: 10 Gaming Companies Building in Web3 🎮
Free Alpha Update 💰 : Boys of Summer Sells Out in 90 Seconds ⚾️
Ledger Adds PayPal 🖇️
Ledger Live App Users can now buy crypto using PayPal, storing straight to their Ledger hardware wallet.
Two top trusted names in the world of internet money coming together – Hardware wallet maker Ledger has integrated PayPal, allowing users to buy Bitcoin, Ethereum, Bitcoin Cash, and Litecoin directly through the Ledger Live app.
We haven’t used it ourselves just yet, but the integration should make it super easy for people to buy crypto securely. The easiest it’s ever been.
“Rather than using non-secure browser wallets or holding their funds on exchanges, users can combine the ease of use they want with the security they need,” - Ledger spokesperson
If you aren’t too familiar with Ledger, here’s why this is cool:
It makes it easier for people to buy cryptocurrencies, as they can use their existing PayPal account (who doesn’t have PayPal at this point)
It provides a more secure way to store cryptocurrencies, as they are held in the user's Ledger hardware wallet
The entire process can be done through the Ledger Live app, reducing the need for multiple accounts and apps with manual transfers
Some more important details to note:
The integration is currently available to U.S. residents with verified PayPal accounts
Users can purchase cryptocurrencies with their PayPal balance or linked bank account
Once the purchase is complete, the cryptocurrencies are automatically sent to the user's Ledger hardware wallet
Paypal has been making big moves recently. First they launched a USD stablecoin on ETH, now they are making it even easier for their users to buy and hodl. We think it’s extremely bullish that the OG of online payments is hard at work making crypto a permanent
No FOMO News 📰
Polygon Labs and Korean mobile giant SK Telecom forge web3 partnership (TheBlock)
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses (Cointelegraph)
SEC Set to Greenlight Ether-Futures ETFs in Win for Crypto Industry (Bloomberg)
Bitcoin, Ethereum Flash Crash Triggers $800 Million in Liquidations (Decrypt)
Coinbase secures approval to offer crypto futures to US retail investors (FT)
Algorand Hits New All-Time Low Amid Market Downturn (Decrypt)
Crypto firm Helio Lending gets bond sentence over false license claims (Cointelegraph)
Genesis and FTX settle for $175 million bankruptcy claim, court docs say (CNBC)
Mastercard Collaborates With Ripple, Consensys to Develop a Central Bank Digital Currency Program (Decrypt)
AI Intel 🤖
Google DeepMind testing ‘personal life coach’ AI tool (Guardian)
Microsoft pulls AI-written article telling tourists to visit the Ottawa Food Bank (TheVerge)
James Dean reportedly appearing in new film with AI (Fox)
An artificial intelligence (AI) camera system caught almost 300 drivers breaking the law during the first three days of its use in the UK (BBC)
Associated Press Limits How Journalists Can Use Generative AI (Decrypt)
IBM Watson developer raises $60M for AI startup Elemental Cognition (Cointelegraph)
Max’s Gaming Roundup 🕹️
Our web3 gaming news update, brought to you by Max Kaufman and Helika
10 Traditional Gaming Companies Building in Web3 👇
1. TSM
2. Zynga
3. Ubisoft
4. Scopely
5. gumi Inc.
6. NEOWIZ
7. Square Enix
Free Alpha Update💰
Mitchell F. Chan’s latest collection, The Boys of Summer, sold out Wednesday in under 2 minutes and the floor has reached 5x the mint. Congratulations to our readers who signed up for the allowlist. For those who missed the free alpha, maybe you’ll pay attention next time we have something for you.
You may have missed the alpha but you can still experience The Boys of Summer
It has been an absolute joy watching people enjoy The Boys of Summer.
Watching you all playing the game, come up with stories about your statistical outputs, sharing them online and ruminating on what it all means...
I could not have dared dream of a better day.
But I just… twitter.com/i/web/status/1…
— Mitchell F Chan (@mitchellfchan)
1:50 AM • Aug 17, 2023
Shameless Shill + Alpha
This is NOFOMO, the newsletter keeping you up-to-date on all things emerging tech — from AI to Blockchain to Virtual Reality.
Whether you're a seasoned investor or just getting started, our expert writing team will bring you the latest news, trends, and insights from the rapidly evolving world of robots and digital assets.
Plus, we ratioed Bloomberg once, so we think we’re pretty cool.
We’ll try to make it as fun as possible in the process.
Oh yeah, before we forget. If you don’t already join our 49K+ frens on Twitter (a top 10 account in the world according to Lunarcrush pff), you should probably do that.
Hit the inbox of 49K+ tech enthusiasts
Advertise with No FOMO to reach a unique and valuable tech community.
Our discerning readers are always looking for the latest tools and products in the industry. Connect with the right people and make a difference in tech.
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be careful and do your own research.
Reply