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- 2023-10-12
2023-10-12
๐ฒ Web3 Gaming's Future: Amazon's In!
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Good morning, beautiful people,Life isn't about how many times you get knocked down...only how many times you get back up and keep moving forward!
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Second's out, round two!
๐ฎ Dรฉjร Vu, Platypus?
๐ฐ Amazon's Blockchain Bet
๐ฃ Ellison's Explosive Testimony
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๐ฅท Platypus Faces Second DeFi Heist
Once again, Platypus Finance finds itself swimming upstream. ๐
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The DeFi protocol on the Avalanche network experienced a prickly situation when it became the victim of a $2 million exploit.According to PeckShield, a security firm, the waters are definitely not safe for Platypus. ๐ฆReally Sherlock? ๐ต๏ธ
Platypus responded as any sensible creature would: it put a lid on its liquidity pools. The project stated, "Suspicious activities led us to temporarily halt our pools."
This hack appears to stem from a flash loan attack, particularly nosing around the AVAX-sAVAX pool.For those not in the DeFi know, flash loans are like taking candy from a store, enjoying it, but returning the wrapper before anyone notices. ๐ฌHowever, this isn't the platypus's first rodeo. In February 2023, it lost $8.5 million in a similar flash loan exploit.Learn from your mistakes...isn't that what we are taught as kids? ๐คฌIt seems like some creatures can't change their habits. ๐๐ฆ
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๐ฏ Immutable Joins Amazon in Gaming Play
The gaming world, known for its vivid graphics and adrenaline-filled adventures, is on the verge of another level-up. ๐ฎ
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Enter blockchain-based gaming, the proclaimed future, offering players more than just entertainment; it provides value and rights within pixelated terrains.However, like a game stuck on loading, blockchain gaming's growth has been slower than a turtle with lag. ๐ขNothing to do with the bear market we've been in then? ๐
To patch up this glitch, Immutable has allied with cloud titan Amazon Web Services (AWS). Their mission? Propel Web3 gaming into every living room and computer screen.How? By making blockchain gaming as easy as clicking "play." Developers can expect treats too. Commit to Immutable, and there's up to $100k in AWS credits waiting. ๐ฐ
Yet, not all studios are ready to unlock this level. Western gaming giants like EA and Ubisoft seem to be on the pause menu, eyeing Web3 gaming with a skeptic's glare.Meanwhile, Asia's gaming leaders like Konami and Sega are already planning their next blockchain move. ๐Fortune favors the brave...right? ๐ค
Could Immutable and Amazon be the ultimate cheat code blockchain gaming needs? Only time (and game time) will tell! ๐น๏ธ๐
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๐๐ธ๐ฆ Sam Bankman-Fried's Saudi Equity Play
In the latest installment of the courtroom saga that rivals the plot twists of a TV drama, Caroline Ellison, ex-CEO of Alameda Research, dropped a bomb. ๐ฅ
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She claimed Sam "SBF" Bankman-Fried had an ambitious plan to pull FTX from the quicksand of bankruptcy by courting investment from a rather royal figure: Saudi Crown Prince Mohammed bin Salman (MBS). ๐
Ellison spilled that before FTX's dramatic crash, Bankman-Fried viewed MBS, known for his billion-dollar pockets and dabbling in blockchain gaming, as the golden ticket.But MBS isn't just a tech enthusiast; he's also tied to the mysterious 2018 assassination of Washington Post journalist Jamal Khashoggi. ๐ฒYep,...quality company for you to keep, Sam! ๐คฏ
Ellison's digital diary โ aptly titled "Things Sam is Freaking Out About" โ turned the courtroom into a theatre.Among the entries? Raising funds from MBS and sidestepping Binance's spotlight. ๐
Sam had reportedly attempted to woo MBS with a pitch for a cool $1 billion. Saudi investors, maybe not as wooed, suggested a lesser $250 million โ coincidentally, the bail amount for Bankman-Fried's US arrest.Hmmm... coincidence? ๐
As the legal drama continues, all eyes are on the courtroom stage, waiting for the next revelation. ๐ญ๐ฟ
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DailyCoin Daily Meme
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Shocking FTX Trial Unearths Bitcoin Price Manipulation Plan
In a surprising twist within the FTX criminal fraud trial, former Alameda Research CEO Caroline Ellison has delivered a damning testimony...
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Ellison Testimony Reveals All: FTX Concealed $800M Loss
Former Alameda Research CEO Caroline Eiilson took to the witness dock on her second day of testifying against Sam Bankman Fried (SBF)...
Ellison Exposes SBFโs Frantic Obsession with Crushing Binance
Revelations from former Alameda Research CEO Caroline Ellisonโs testimonies have rocked the Sam Bankman Fried (SBF) trial in its second week...
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