Daily Crypto NewsEDITION #458, 09 May 2022

I took a picture, I liked it, and I sent it to NFT

Hey Moni Maker 👩‍🎨

Today, in 1996, Lux is the official Linux mascot. It's a small, cute and kind little penguin! Now almost always, when you look at penguins, you think of Linux. It's the same with cryptocurrencies - when you look at the money, you think only about crypto :)

Let's go!

Well, folks, talk is talk, but it's time to show some actions. Instagram plans to start embedding NFT into the platform. Well, so says CoinDesk. 

The NFTs that will see the light of Instagram's avatars will be on Ethereum, Polygon, Flow and Solana. Admittedly, a small group of US users will be testing this feature, so wait for the public one. 

The news is already a little outdated, but it needs to be covered. Details of the Twitter purchase by Elon Musk: 

- Binance has allocated $500m to Musk to buy 

- Sequoia has been allocated $800m (somewhere they say $1b, but whatever)

- a16z has allocated $400 million

Many ppl have noted that since Musk bought Twitter - there are a lot more scammers on it. The scammers are trying to grab the last of it, as Mr Musk has promised to squash all this keyboard filth. So be careful, ok? 

Bluesky, backed by the Twitter team, is a project to "develop an open and decentralised standard for social media". And so, the guys released the first piece of code on Wednesday. 

Called Authenticated Data eXperiment (ADX), it all contains an SDK and a server implementation and basic commands of what you can do on the social network, including creating posts and likes.

According to the Bluesky team, this is not a full-fledged product but a demonstration of features; for now, releasing code at this stage is part of its commitment to "work openly and share its progress".

Check more here (Hey, Mark!) 

There's a lot of buzz about your NFT, web3 and crypto from nocoiners. CNBC reports that Google will collect a team of web3 specialists to create services for blockchain application developers.

In an email to employees, Google Cloud vice president Amit Zaveri said that although web3 is still in its early stages, the market "is already showing tremendous potential, and many customers are asking the company to increase support for web3 cryptocurrency-related technologies. 

Sometimes u want to show your portfolio to the world, don't you? Or at least to your friends. Well...Moni has a solution for you :) 

- Create a watchlist 

- Make it public 

- Copy the link and put it up

Only for browsers so far; the mobile version will be updated soon! 

You can download the Moni app here

Ask questions on Discord

Roadmap is a simple graphical overview of the project goals, which are placed on the timeline.

And more you can find in our Glossary!

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