This week in web3 #2

Every Friday afternoon, we share with you the most important news of the week in the world of web3.

This week in web3 #2

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/