As the holiday season approaches, the web3 community is filled with cheer and excitement. From decentralized gift exchanges to virtual Christmas parties, there are plenty of ways to celebrate the joy of the season online.
One popular way to celebrate Christmas in the web3 world is through the use of
NFTs. These unique digital assets can be used to represent everything from holiday-themed art and collectibles to virtual experiences and gifts. Remember to do your own research, if you plan to buy any Christmas NFT.
If you’re a fan of secret santa, Santa.fm is something that can interest you.
How it works?
🎁 You deposit one or more NFT to the pool and receive a wrapped gift NFT. Of course you don’t know what NFT you will receive. All of that is a fun way to spread holiday vibes among friends in the web3 community.
I liked that idea and will definitely participate in it!
Remember, that you will not receive your NFT back and you can receive one that is not worth the same amount of ETH that your token.
Will you join Santa.fm? Share with us, what NFT you get!
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🏚️ SHORT FTX AND ALAMEDA UPDATE
The FTX and Alameda saga continues. There is no break for Christmas here.
Former Alameda CEO Caroline Ellison and co-founder Gary Wang pleaded guilty to federal criminal charges. They also accepted plea agreements in exchange for assistance in ongoing investigations into wrongdoing at FTX and Alameda.
Meanwhile, Sam Bankman-Fried was extradited from the Bahamas, facing suits over fraud and federal criminal charges. After all of that he was released from U.S. custody on a $250 million bond. The house of SBF’s parents was used as collateral.
📉 EXPRESS NEWS
The current president and chief operating officer of Activision Blizzard - Daniel Alegre - has been appointed as the new CEO of Yuga Labs. He’ll take the helm of the company in the first half of 2023, succeeding
the current chief executive, Nicole Muniz.
Core Scientific is a Bitcoin mining company based in Texas. It has reportedly filed for Chapter 11 bankruptcy. They cited low revenue and decreasing BTC prices as the main reasons. The company's value has fallen from $4.3 billion in 2021 to just $78 million.
Brian Armstrong, CEO of Coinbase, recently took a striking stance on the issue of regulation, calling for stricter regulation of centralized players in the crypto industry but that DeFi is fine where it is. He
stated that "transparency is built in by default."