SuperRare Employee Out over Racist Tweets ❌

Toxicity in the crypto space is being painfully displayed this week ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.79T (+0.57%) 24 Hour Volume $111.84B (+42.31%) Notable Movers[(XRP) $0.8412]( (+8.89%) Notable Movers (DeFi)[(AVAX) $85.44]( (+4.05%) Bitcoin Dominance 41.71 %[(+0.42)]( Bitcoin Price[(BTC) $43,281.08 (+2.31%)]( Ethereum Price[(ETH) $3,062.92 (-0.53%)]( Cardano Price[(ADA) $1,17 (-1.00%)]( Editor's Note AssangeDAO Breaks Records, Confuses Many AssangeDAO — the DAO named after its goal, to free Julian Assange — has now raised [more money]( than the failed ConstitutionDAO from last fall. As of writing this, AssangeDAO has raised over $45 million dollars in a week. The DAO, which does include members of Assange’s family, aims to 1. prevent Assange’s extradition to America, and overall free Assange from prison and 2. bid on a unique NFT created by Pak. Are you also confused? According to AssangeDAO’s plan, instead of taking the $45+ million that they raised and using it directly to help Assange’s legal defense, they will take the money, bid on this NFT (created by an artist that worked with Assange on this very NFT collection), and then take the proceeds from the NFT auction of Assange’s own NFT and donate them to the Assange legal defense fund. Maybe I’m understanding this wrong, but what if they took the $45 million and gave it to the defense fund, and let someone else bid on the Assange/Pak NFT, and then donated that money to the defense fund too? Wouldn’t that be….more money? Why does this DAO need to raise money to bid on Assange’s own NFT? Maybe their plan is to bid on the NFT to get the price up, but let someone else actually win it — thus bringing more money to the defense fund. Maybe their plan is to bring attention to Julian Assange’s art with this Pak fellow. Maybe their plan is to make more people write about NFTs. Whatever the answer is, it seems like an incredibly roundabout way to give money to a legal defense fund. A curious case of trying to fit a square NFT peg in a round legal defense hole. Today’s Top Stories Check out [CoinMarketCap Alexandria]( for tech deep dives, analysis, daily news and easy-to-understand guides on how crypto works! abuse sent on blockchain]( An Ethereum Name Service user who criticized the project's director of operations for his past offensive tweets has been sent transphobic messages on the blockchain. Dame.eth, who received the abuse, told CoinMarketCap they felt "shocked someone would take the time to manually encode a hateful message permanently on the blockchain and pay the fee to send it to me." Speaking to those responsible, they said: "Stop. You are giving crypto and Web3 a horrible reputation with your toxicity." employee out after racist tweets]( Digital art marketplace SuperRare has parted ways with its senior community manager after her historical tweets resurfaced. Screenshots shared on the social network initially showed @ashnichrist had used the N-word when quoting Kanye West lyrics. But during a Twitter Spaces, other tweets from her past emerged, including one that said: "I do hate Mexicans." Some of those who spoke during the Spaces said they were "enraged," adding: "You've disrespected my whole community." adoption may be rather slow]( New research might form disappointing reading to the companies betting big on virtual worlds. Gartner estimates that 25% of people will spend at least one hour a day in the metaverse by 2026 — whether this is for work, to shop, to learn, or for entertainment. By comparison, an estimated 35.6% of the global population used Facebook as of March 2021 — spending an average of two hours and 24 minutes a day on the site. A number of rival metaverse platforms are vying for dominance. Convoy turns to Bitcoin]( A group of Canadian truckers have turned to Bitcoin after their GoFundMe campaign was halted. Freedom Convoy had managed to raise $9 million before the crowdfunding site announced that donations were suspended. The group have been protesting a vaccine mandate that is being imposed on truckers crossing the U.S.-Canada border. A new campaign has been established on the crypto-friendly platform Tallycoin, with 4,300 people contributing a total of 12.4 BTC. smashes records]( A decentralized autonomous organization "fighting for the liberation of Julian Assange" has raised more than 15,000 ETH.Funds are being collected through the decentralized platform JuiceBox — and in the space of five days, the campaign has broken records for the site's largest DAO raise in history. That crown was previously held by ConstitutionDAO, which ultimately was an ill-fated attempt to buy a rare copy of the U.S. Constitution. been one year since Tesla bought BTC]( Tesla made a healthy profit on its Bitcoin in 2021, but still suffered an impairment loss of $101 million during the year. In a filing to the U.S. Securities and Exchange Commission, the electric vehicle manufacturer revealed that the value of its BTC had surged to $1.99 billion by Dec. 31. That's not bad considering Tesla had initially bought Bitcoin worth $1.5 billion at the start of the year — later selling 10% in order to test the market's liquidity. [KPMG Canada invests in BTC and ETH]( Institutional adoption in cryptocurrencies appears to be picking up again, with KPMG in Canada announcing that it has added Bitcoin and Ether to its corporate treasury. The audit, tax and advisory firm says the opportunity presented by digital assets "needs to be considered" by institutional investors. In an email to Bloomberg, the company added that the experience means it can "guide clients and prospective clients through the process of cryptoasset treasury allocation." Thanks for reading! Have a great day — more news tomorrow! What Are Play-to-Earn Games? How Players Are Making a Living With NFTs NFT-powered play-to-earn games are revolutionizing the gaming world, with many gamers now earning a living playing titles like Axie Infinity. 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