Daily Web3 Headlines You Need To Know

Seed Web3 Daily
3 min readOct 4, 2022

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04 October #Developers #DeFi & Trading #Policy&Law

Mastercard launches new crypto fraud protection tool (Source: investopedia)

🔗 Developers

Covalent CEO: There’s an ‘unresolved backlog’ of unfilled Web3 data roles
Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data…(Read More)

📈 DeFi & Trading

Elrond Coin Price Seen Climbing Nearly 20% In Next Few Weeks
Elrond is currently among crypto assets that are “in the green” after enduring another trying week for cryptocurrencies. Elrond currently trades at $52.44 Coin expected to reach $60 mark in coming weeks, Elrond currently 90.4% lower than its ATH. At press time, tracking from CoinGecko shows EGLD trading at $52.44. For the last seven days, its value grew by 12.3% while also tallying a 24-hour increase of 7.4%…(Read More)

If History Repeats Bitcoin (BTC) Can Surge To This Level By Mid-October
The start of the new week has been mixed, with some coins in the red and others in the green. Amid mixed market signals, the top cryptocurrency, Bitcoin, is trading sideways and keeping a small trading range between $18,937 and $19,648…(Read More)

Mastercard launches new crypto fraud protection tool
The financial service provider Mastercard launched a new crypto service related to risk management on Oct. 3. Mastercard’s new service, Crypto Secure, is aimed to help banks find and prevent fraud on crypto merchant platforms. Crypto Secure combines the usage of artificial intelligence, blockchain data and public records of crypto transactions, along with other sources, to determine crime-related risks of crypto exchanges within the Mastercard network…(Read More)

⚖️ Policy & Law

Fed Seize Millions in Crypto Only To Lose Them To A Hacker
Fed Seize Millions in Crypto Only To Lose Them To A HackerThe time Fed lost millions in crypto to a hacker.October 4, 2022Lary Harmon operated a crypto mixer called Helix from 2014–2017 where he was responsible for completing 356,000 Bitcoin transactions…(Read More)

Japanese prime minister says gov’t investment in digital transformation will include Metaverse, NFTs
In an Oct. 3 speech before Japan’s National Diet, Kishida said the government’s investment in the country’s digital transformation already included issuing NFTs to local authorities using digital technology to solve challenges in their respective jurisdictions. He also hinted at digitizing national identity cards. In addition, the prime minister said the cabinet would “promote efforts to expand the use of Web 3.0 services that utilize the metaverse and NFTs.”…(Read More)

Beeple’s Discord URL ‘hijacked,’ directing users to wallet drainer
Nonfungible token (NFT) artist Mike “Beeple” Winkelmann has found himself the target of phishing scammers yet again, warning users that the URL link to his official Discord server was “hacked” — sending unaware new members to a wallet-draining Discord channel if they follow the link. In an Oct. 3 post, the NFT artist warned users not to go into the “fraudulent” Discord channel and verify as it will “drain your wallet.”…(Read More)

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Seed Web3 Daily
Seed Web3 Daily

Written by Seed Web3 Daily

3 news & 1 deep dive in the Web3 world, everyday.

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