Daily Crypto NewsEDITION #306, 15 September 2021

A non-banned apple

Hey Moni Maker

Today El Salvador celebrates Independence Day. Well, let's congratulate the guys and wish them true independence from the fat and boring bankers. A cool experiment is living before our eyes. Wow!

Well, there's a lot of cool stuff in Digest, too. Let's go!

Lukas Schor, who heads product development at Gnosis Safe, says the release of his company's Ethereum wallet is being blocked by Apple. The reason? In addition to helping users manage custody of their crypto funds, it also lets them view other digital assets, namely, NFTs.

NFTs are blockchain-based tokens (often on Ethereum) that signify a deed to a particular virtual or physical object. They can be bought and sold or traded. Since NFTs are tokens, they're beginning to be integrated into wallets so that people can view the virtual collectibles and art connected to the deeds.

In follow-up messages trying to clear up the issue, Apple App Store responded that Gnosis should remove the feature. "Apple does not allow apps, especially wallets, to display NFTs if they are not bought via in-app purchases," an App Store reviewer wrote.

The upshot, then, is that you can buy NFTs through an app on your Apple phone, but you can't store NFTs purchased elsewhere.

So what?

Ugh...how many apps can be F*CKED out of the App Store right now.

What is this? Racket? The Gentlemen movie starring Tim Cook? Or what?!

Solana doesn’t work now, also doesn’t generate any blocks. CEO told its ok, we should wait some before the update.

Good.

UPD. It works well now

As Decrypt reports, in one of the stranger pieces of news from the crypto world recently, Bitcoin billionaires the Winklevoss twins and Tim Draper have pitched in to a $15 million funding round for a startup aiming to revive the extinct woolly mammoth.

According to Fortune, the trio helped fund "de-extinction" startup Colossal, which hopes to restore the ecosystems where woolly mammoths once grazed in an effort to help decarbonize the atmosphere.

As Decrypt reports, The Drone Racing League sees competitors pilot custom-built quadcopters through courses at up to 120 miles per hour, all viewed in first-person using VR-like goggles. Founded in 2015, the DRL is a tech-forward league with rising viewership, and now it plans to expand its fan experience and interactions through a deal with blockchain network Algorand.

Today, the companies announced a five-year alliance that will see the league adopt Algorand’s blockchain in various ways. Algorand also picks up title rights for the DRL’s World Championship Season, which begins later this month with broadcasts on NBCSN and Twitter, and the photos show off some of the Algorand branding around the league’s stadium setup.

Let's drone!

As Forbes reports, search engine giant Google will not be refused a leadership position in powering the next generation of the world wide web, supercharged by blockchain. Google Cloud announces it has joined forces with Dapper Labs, a Canadian startup best known as the developer of the $680 million NBA Top Shot marketplace, to support and scale Dapper’s Flow blockchain.

Through the multi-year partnership, Google Cloud will act as a network operator, offering its infrastructure to help Flow scale. The Flow network already supports over 50 applications, including some of the most popular NFT collections such as NBA Top Shot and CryptoKitties, and now more than 2,000 developers building on Flow will be able to connect to Flow access nodes at lower latency through Google’s suite of cloud services, according to Dapper Labs’ CEO Roham Gharegozlou.

Against this backdrop, the FLOW token went up 20%.

TVL (Total value locked) – this metric represents the number of assets that are currently being staked in a specific protocol.

And more you can find in our Glossary!

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