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- 2023-11-15
2023-11-15
๐ต๏ธโโ๏ธ BlackRock XRP ETF Filing: A Hoax?
Howdy Folks,I don't know about you, but I'm loving the increased positivity in crypto world these days...
Let's dive in!
๐จ NFTs Meet Disney Magic
โ๏ธ XRP ETF Filing Scrutiny
๐ง Plasma's Potential Reassessed
๐ฐ Disney Teams Up with Dapper Labs
Disney, the name synonymous with childhood wonder, is taking a leap into the digital future by partnering with Dapper Labs to launch Disney Pinnacle, an NFT collectibles platform. ๐
This collaboration will transform iconic Disney, Pixar, and Star Wars characters into digital collectibles minted as NFTs on the Flow blockchain.I love Disney, so take everything I say with a grain of Walt ๐คฆ
Think Buzz Lightyear, Woody from โToy Story,โ the Disney Princesses, and even Darth Vader getting a digital makeover.While Marvel characters are absent at the launch, the platform promises a rich array of fan favorites. ๐
Designed with a mobile-first approach, Disney Pinnacle is set to offer an enhanced, smartphone-friendly experience, differentiating itself from Dapperโs other NFT platforms.CEO Roham Gharegozlou promises a balanced economic design catering to both casual fans and high-end collectors. ๐ฑ
Disney Pinnacle is currently rolling out its waitlist, planning a gradual beta testing phase before a full-fledged public launch.I knew they were going to do this... I felt their presence! ๐While the exact timeline remains under wraps, anticipation is building for this magical union of Disney's storytelling and the cutting-edge world of NFTs. โจ๐ฎ
๐ Investigation into Fake BlackRock Filing
The Delaware Department of Justice (DOJ) has launched an investigation into the dubious BlackRock XRP ETF filing that recently stirred the crypto community. ๐จ
The false regulatory filing on Delawareโs Department of State Division of Corporations website suggested BlackRock was planning an XRP Exchange-Traded Fund (ETF).Someone's going to be in trouble! ๐ฎ
BlackRock was quick to refute these claims, stating it had only filed for Spot Bitcoin and Ethereum Spot ETFs. ๐ซThe investigation, now in the hands of the DOJ, was triggered by the Delaware Division of Corporations' decision to escalate the matter.
Senior Bloomberg ETF Analyst Eric Balchunas shared on X (formerly Twitter) that a Delaware Department of State spokesperson confirmed the referral to the authorities. ๐ฌThis development hints at potential legal repercussions for whoever is behind the fraudulent filing, which still lists a BlackRock Managing Director as the registered agent.Call me a skeptic, but I doubt Blackrock would risk their BTC and ETH ETF applications for this?
As the probe continues, the crypto world waits with bated breath for the outcome, which could have significant implications for the responsible party, potentially leading to fraudulent charges. ๐ต๏ธโโ๏ธ๐
๐ฌ Buterin Revisits Plasma, Sparks Debate
Ethereum co-founder Vitalik Buterin has revisited Plasma, a blockchain scaling solution, sparking industry buzz and catching Charles Hoskinson's eye.In his latest article, Buterin unpacks Plasma's complexities and emerging potential, drawing a response from Hoskinson, a contemplative Kermit the Frog GIF. ๐ธ
Hosk, breaking out the big guns! ๐คฃ
Introduced in 2017, Plasma aimed to boost blockchain scalability by offloading data and computations, retaining only crucial elements on-chain.Despite its promise, Plasma faced hurdles like high client-side data storage costs and limited applicability beyond basic payments. ๐ค
Buterin's new thesis pivots on leveraging advancements in validity proofs like ZK-SNARKs to rejuvenate Plasma, potentially making it a more efficient solution, particularly for payments.He acknowledges Plasma's limitations for complex applications and risks tied to operator misconduct. ๐
So what's up with Charles Hoskinson? Well... He seems to take umbrage with the strong similarity between Plasma and Cardano's own Layer 2 scaling solution, Hydra.Who'd win in a fight?It beckons the community to re-examine this solution, which, despite its past constraints, may yet have a role to play in specific blockchain applications. ๐๐
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