SBF blames who for FTX crash??
PLUS: 🦄 Uniswap conquers Opensea, 👛 Telegram's Self-Custody Wallet and DeFi, and a look at 💼 WorkDAO: HR Benefits in Web3
Are you an expert in Compliance, HR, Legal, Tokenomics, Governance, Accounting, Tax, Policy or Regulation?
Headlining…
Most important news of the past week:
🦄 Uniswap launches NFTs aggregator, beating collections prices of Top Exchanges.
🔇 Sam Bankman Fried speaks New York Times’ Dealbook Summit, takes zero responsibility for FTX collapse — blames “Management.”
✋ Former Texas Democratic candidate, Beto O’Rouke returned $1m donation to SBF before Nov. election.
👣 OG Ethereum Dev. Studio, Consensys reveals Metamask tracks IP addresses.
Social proof…
Key cases of adoption over the past week:
👛 Telegram will launch Self-Custody Wallet and Decentralized Exchange.
Why this Matters: After selling $50m worth of usernames for its decentralized Network, TON (Telegram Online Network, Telegram intends to continue that success by building out more crypto infrastructure, Self-Custody Wallets and a DeFi exchange. A lot of Crypto Enthusiasts use Telegram, so this makes sense.
📈 Solana NFT Avg. Transaction Volume grows by 67.7%, keeps Network strong amidst FTX-related DeFi purge
Why this Matters: Being heavily involved in the Solana ecosystem, FTX’s crash led to 70% of TVL (Total Value Locked) in DeFi being wiped out. The continued growth of transactions demonstrate’s Solana’s resilience amidst the fallout from FTX.
💸 Brazil passes Law to legalize crypto as Means of Payment.
Why this Matters: The Law allow banks to offer crypto payment services. This lets crypto be used for buying/selling ordinary goods, just like how credit cards or other services are used. Globally Crypto adoption (use of and regulation of) is strongest among developing countries. Laws like this continue this momentum.
DeHR (Decentralized HR) Benefits in Web3: a look at WorkDAO.
A series by Twali’S HR Guild, Envario bringing you Quality intel on the best-in-show organizations building the DeHR (decentralized HR) Infra Web3 NEEDs.
Our HR Guild led by Envario, an HR Tech and Benefits firm, looked at the state of Human Resources in Web3 and how it facilitates the “Future of Work.”
What’s the Future of Work, again? The supercharging of freelance work by Web3 thanks to standardizing diversified, passive secondary income streams.
Over the few months in Wrapped, we’ll profile the projects providing the HR infra (Payroll, Benefits, and Sourcing) to bolster Web3 for freelance Experts.
Today they cover WorkDAO: a ‘Web3 Employment Partner that enables DAOs and Web3 organizations to hire and compensate contributors, anywhere in the world, legally and compliantly.
Quick Facts about WorkDAO
Addresses pain points for DAOs and Web3 organizations associated with hiring contributors globally (currently 150+ countries) and ensuring regulatory compliance.
Provides legal structures for its DAO and Web3 clients, and engages with 3rd party employment services providers (such as PEOs) for additional employment and HR services.
Established WorkCo as a separate, independent Web3 native employment services platform that serves as the proof of concept and standard-bearer for future, additional employment services partners globally for WorkDAO.
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