⚽ Are Fan Tokens Aligned With The World Cup?

Discover the news of the week [View in Browser]( [Gif Ledger Bites]( 25/11/2022 After the UK, we are glad to announce the launch of the [Crypto Life “CL” Card]( in Europe, powered by Ledger and provided by Baanx, a UK-based Web3 Fintech company, allowing you to spend and move assets quickly, seamlessly and securely between your secured Ledger wallet and your [CL Card]( using the Ledger Live app. [Discover the CL Card →]( [[ratio]  ]( [In the know] [Turkish authorities seize ‘suspicious’ FTX assets.]( The ongoing investigations have shown that customers' trust was "not duly preserved" by the exchange. Turkish authorities have "a strong suspicion of crime" being committed, particularly by SBF who "directly or indirectly" controls the entities. [MetaMask copes with critics after revealing it will start collecting IP addresses.]( On Thursday, Consensys updated its privacy policy to inform MetaMask’s 20 Million users that their IP and Ethereum wallet addresses will be collected if they’re using Infura, raising important privacy concerns. [… While Uniswap reveals it now collects users' data.]( The decentralized exchange (DEX) said that “transparency was key” and that it collected certain off-chain and on-chain data to improve user experience such as traders’ device type or browser - but no personal data, it said. [Argentina’s Fan Token collapse following defeat against Saudi Arabia.]( Right after the defeat, the value of the ARG token, stemming from Chilliz, decreased by more than 25%. At the same time, the floor price of ‘The Saudis’, a national NFT, skyrocketed by 50%. [A survey highlights that institutional investors keep buying crypto amid bear market.]( It finds that 62% of institutional investors invested in crypto had increased their allocations over the past 12 months, while 58% of respondents expect to increase their portfolio’s allocation to crypto over the next three years. [Binance to launch an upcoming ‘proof-of-reserves’ system.]( This new feature will be released with Bitcoin, Ethereum and other tokens over the next few weeks. This initiative is rooted in the exchange's willingness to provide evidence that the company has sufficient funds to cover users’ assets following FTX’s collapse. [Discover the CL Card →]( [Figures] [image 1]( [image 2]( [Insight of the week] What Happens To Your Money… If Ledger Goes Out of Business? [self custody] “The Ledger wallet is a fantastic way to store the private keys to my crypto, but what would happen to them if Ledger went out of business? Would I lose them?” In these troubled times, that’s a question we often receive. So let’s opt for the short answer: no, not at all. You won’t lose a penny! And that begs the question of… Where do your coins live? When you own cryptocurrency, you actually own the right to use the cryptocurrency. Your coins are associated with a set of keys: your private and your public key. You can think of your public key like a mailbox. The private key is your access to your cryptocurrency. Like a real key, you wouldn’t go handing out copies to everyone, you’d keep it safe and secure. The crypto coins live on the blockchain and the keys to your coins live where you choose (ideally, in a secure location where no one else can access). The coins themselves don’t exist on any device or platform, not even on Ledger devices. Your wallet only stores and protects your private key. Do I need Ledger to get to my cryptocurrency? “So Ledger is great and it helps me keep my keys safe, but what if it goes out of business? Will I lose my crypto coins?!” Nope, you aren’t reliant on Ledger to access your funds even if you use Ledger to store your private keys. That’s why our sales [skyrocketed]( during the FTX collapse: because we don’t own your private keys. With Ledger, there is no third-party risk. That’s unprecedented. The slightly longer answer: Ledger doesn’t operate in a closed system where your private keys and coins are locked into only certain devices, and this is thanks to the [BIP-39 standard]( an industry wide protocol that allows crypto wallet providers to use a common emergency backup format. This means that you are able to access the keys to your cryptocurrency even if your Ledger wallet wanders out of your possession (by loss or theft). Your recovery phrase will let you retrieve your keys on another wallet even if Ledger isn’t around anymore. True security doesn’t tie you down So using a Ledger device does not mean that Ledger has access to your crypto or any of your data; rather, it’s a meticulously designed solution that allows you to easily, securely and practically manage your crypto, without giving up any of your control. That is financial freedom. [Discover the CL Card →]( [I wanna know more] Wondering why and how to transfer your crypto from exchanges into self-custody? We break it down [here](. Curious about the story behind our[@agoriamusic]( airdrop on [ L ] Market and our interactive website? Watch[@agoriamusic]( explain it all [here](. How does the fallout of centralized exchanges affect crypto mining? We held a Twitter Space with [Dan Held]( to answer the question. [Images of the week] Your Cl Card Is Here. It’s time to enjoy it. 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