Daily Crypto NewsEDITION #391, 21 January

Instagram and Twitter are rolling up their accs to the metaverse

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Hey Moni Maker 🌐

Today the world celebrates Penguin Awareness Day. Penguins are a lot like humans - when they fall, they cannot get up without help. We, in crypto trading, sometimes fall and can barely get up...and there's a power outage in the newsroom today, which is why the Digest came out so late. Don't be angry, please.

Let's go!

NOW IT'S WEB3!

Instagram is not for eating; Twitter is not for whining

Twitter has turned on the NFT avatar feature - it's official now. You have to plug in your wallet and put up an avatar. 

And Instagram, which recently promised to go NFT, has hooked up the ability to create 3D avatars - here. 

The oldies have shaken off the boomer dust and are gearing up for web3. What will TikTok offer us? 

RU HELLO

BANNING CAN'T BE BANNED

The Central Bank has proposed to ban crypto and its mining in Russia:

- Introduce liability for individuals and legal entities for cryptocurrency purchases

- prohibit transactions with crypto 

- prohibit buying it 

- prohibit its mining 

- block all operations with crypto (hello, exchangers!)

p.s. There is a rumour that the Central Bank made this stream to increase the citation index - to get some bonuses. WE DON'T KNOW. What's going on? 

(OR PROFITEERING)

SEC saves crypto investors from hacking

The SEC star Gary Gensler was speaking at a con recently, and decided to share the US regulators' plans in the wake of the recent Crypto.com hack: 

"I've asked staff to look at every way to get these platforms inside the investor protection remit. If the trading platforms don't come into the regulated space, it'd be another year of the public being vulnerable," the SEC chair reportedly said during a virtual conference yesterday. 

Yes, his comments come amid yet another crypto-related hack. Earlier today, crypto exchange Crypto.com confirmed the exchange lost almost $34 million to hackers. 

hm....

LEARN, LEARN, LEARN!

GLOSSARY WORD

Metaverse is a virtual world where you can buy and sell land, buildings, nicknames, and avatars using cryptocurrency. Here you can walk around with friends, like in games, visit facilities, events, and buy goods and services.

And more you can find in our Glossary!

HA-HA-HA!

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And you...buy Bitcoin! (it's a good time!) 

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