This week in web3 #2
Every Friday afternoon, we share with you the most important news of the week in the world of web3.
1️⃣ SEC investigating Yuga Labs
Yuga Labs is reportedly being investigated over the sale of Bored Ape NFTs and distribution of ApeCoin. https://decrypt.co/111671/sec-bored-ape-nfts-apecoin-yuga-labs-securities
2️⃣ Morgan Stanley says crypto is becoming less decentralized
The famous financial institution says crypto and decentralization are becoming incoherent but adds that centralization is a natural evolution of the financialization of crypto markets. https://watcher.guru/news/crypto-and-decentralization-are-becoming-incoherent-morgan-stanley
3️⃣ Ethereum adds 135,000 addresses
Ethereum experienced a rise in new addresses established on October 8, with 135,780 new ETH addresses added to the network, the highest since December 7, 2021. https://finbold.com/ethereum-adds-135000-new-addresses-marking-the-highest-daily-network-growth-in-2022/
4️⃣ Google + Ethereum = ❤️
You can now Google the balances of Ethereum addresses. The new feature saves searchers a visit to Etherscan, returning balances directly in your search results. https://decrypt.co/111667/ethereum-addresses-now-searchable-on-google
5️⃣ A story involving a horse
This is the strange story of the week, involving the new head chef of @SushiSwap, and a horse. https://www.rollingstone.com/culture/culture-news/horse-molestation-joke-crypto-1234609448/
6️⃣ A lib for subscription NFTs
Cygaar, one of the main devs at Chiru Labs (creators of Azuki) and who was involved in the ERC721A project, just released a new library for subscription NFTs. https://github.com/cygaar/ERC5643
7️⃣ A few interesting NFT collections
❤️ The Eternal: Anthony Hopkins released its NFT project and it sell out in less than 10 minutes. https://opensea.io/collection/anthony-hopkins-eternal/drop
❤️ The Currency: Not a new one but British artist Damien Hirst is among the many art-world giants who have set fire to their work, having burned 1,000 of his artworks Tuesday. https://www.npr.org/2022/10/12/1128292149/artist-damien-hirst-burned-1000-paintings-nft-non-fungible-tokens
❤️ the k00ks: Our favorite project of the week, by Trevor Humphres, Dann Petty, and Mark Bucknell. They're not sold out yet so hurry up! https://k00ks.com/