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• Doritos is launching a new musical metaverse on Polygon with a $25,000 crypto and NFT giveaway.
• Players can explore the Doritos Triangle Studios Metaverse to use drum pads and mini-games, create custom beats, and get awarded in NFTs.
• The event will last three days and the last mystery boxes NFT will be airdropped on February 10th, 2023.

Doritos Launches Polygon (MATIC) Metaverse

Tortilla chip brand Doritos has launched its Triangle Studios Web3 project in collaboration with Polygon (previously Matic). As part of the launch, they are offering a $25,000 crypto and NFT giveaway.

Giveaway Prizes

The prizes include limited edition wearables compatible with Decentraland, exclusive NFTs from the Meebits collection, Web3 sneakers from RTFKT (a subsidiary of Nike), and two custom-made gaming PCs. The top tier prize is an iconic surrealist writer Takashi Murakami crafted one-of-a-kind NFT.

Music Experience

Players can explore a world inspired by Doritos with wearables for their avatars like Soaring Sizzle Suit topped with ChipChain and a rather cheesy Nacho Headset. Furthermore, they can jam in the musical metaverse with drum pads and mini-games to create custom beats that get awarded in NFTs.

No Purchase Necessary

Participants don’t need to pay an entrance fee or connect their wallet as they can access Decentraland’s Doritos Triangle in guest mode at coordinates -68; -120.

Event Timing

The sweepstakes will begin on February 8th until February 10th when the last mystery box NFT will be airdropped at 3:00 PM GMT.

• North Korean hackers have attempted to launder 17,278 ETH, worth $27 million, from the 2022 Harmony Bridge hack.
• ZachXBT, a Crypto Investigative Researcher, reported the attempted laundering via Twitter on January 29th.
• Upon notification from ZachXBT, some exchanges acted quickly and froze part of the stolen assets.

North Korean hackers have recently made an attempt to launder an additional $27 million in Ethereum (ETH) from the 2022 Harmony Bridge hack. On January 29th, Crypto Investigative Researcher ZachXBT reported via Twitter that the hackers had just finished laundering the funds. The funds were reportedly sent to six exchanges using three main wallet addresses.

The Harmony Bridge exploit, which was confirmed to have been carried out by two groups of North Korean government hackers, had already seen a successful laundering of 41,000 Ether ($63.9 million) two weeks prior. This latest attempt to move funds marks the second time that the hackers have made a concerted effort to move funds from the hack.

Upon receiving notification from ZachXBT of the attempted laundering, some exchanges acted quickly and froze part of the stolen assets. However, when asked how much was frozen, ZachXBT refrained from disclosing the amount.

The attempted laundering of the additional $27 million is yet another example of North Korean hackers using cybercrime to generate funds for the country, as well as the lengths they are willing to go to in order to hide their tracks. It also demonstrates the need for more stringent security measures to be put in place by both exchanges and law enforcement agencies, in order to prevent such thefts from occurring in the future.

• Aave V3 has been deployed on the Ethereum mainnet, introducing new risk mitigation features and improved capital efficiency.
• High-Efficiency Mode allows users to increase their capital efficiency when staking or borrowing.
• Isolation Mode allows for more assets to be listed on Aave as collateral while keeping the security of the protocol.

Aave, the decentralized finance (DeFi) lending and borrowing platform, has officially deployed the third version of their protocol, Aave V3, on the Ethereum mainnet. This new upgrade is the most significant since Aave’s inception in January 2017 and has the potential to revolutionize the DeFi space.

Aave V3 introduces a variety of new risk mitigation features, improved capital efficiency, and decentralized liquidity. The most notable of these features is High-Efficiency Mode, which allows users to increase their capital efficiency when staking or borrowing, making it easier and more cost-effective to use the platform. Additionally, Isolation Mode allows for more assets to be listed on Aave as collateral while maintaining the security of the protocol.

The upgrade also focuses on gas optimization, reducing gas costs across all functions by 20-25%. This is a significant development as gas fees have become a major concern for many users of the Ethereum network.

Aave’s governance token, AAVE, remained flat after V3 was deployed. It’s currently trading at $88.12.

The launch of Aave V3 on the Ethereum mainnet is a major milestone for the DeFi space and is sure to have a positive impact on the wider Ethereum ecosystem. With the introduction of new risk mitigation features, improved capital efficiency, and gas optimization, Aave is poised to become the leading DeFi platform in the coming months.

Bullet Points:
• Decrypt Studios held the inaugural Crypties Awards in Miami in December 2022.
• The evening was hosted by Josh Ostrovsky and sponsored by Polygon, Filecoin Foundation, Lamina1, Async, and other crypto projects.
• Onstage panels and interviews from conferences and summits featured Tezos co-founder Kathleen Breitman and venture capitalists from Slow Ventures, Volt Capital, Conviction, and AngelBlock.

In December of 2022, Decrypt Studios hosted the inaugural Crypties Awards in Miami, Florida. The evening was hosted by Josh Ostrovsky, also known as „The Fat Jewish“, and sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

The Crypties Awards is an annual event that celebrates the best crypto projects and initiatives of the year. At the ceremony, statuettes were awarded in nine different categories, such as Best Game, Best Wallet, Best DeFi Protocol, and Best Crypto Art Project. Katrina Wolfe accepted the Cryptie for Crypto Unicorns from presenter Avery Akkineni of Vayner3, and the other nominees in the category were Stepn, Zed Run, and Blankos Block Party.

In addition to the awards ceremony, the event also included onstage panels and interviews from conferences and summits. Tezos co-founder Kathleen Breitman spoke about how the Tezos blockchain has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves onstage at Web Summit in Lisbon. Meanwhile, venture capitalists from Slow Ventures, Volt Capital, Conviction, and AngelBlock joined Decrypt’s Jason Nelson at 0xpo Summit in San Francisco for an extensive panel on raising venture money even during Crypto Winter.

The Crypties Awards 2022 was an amazing event that celebrated some of the most innovative and revolutionary projects in the crypto space. It was a night of celebration, recognition, and collaboration that brought together developers, entrepreneurs, and investors in the blockchain industry.

• Blocknative CEO Matt Cutler sat down with Decrypt’s Jason Nelson at 0xpo Crossroads in San Francisco on November 3 to discuss Web3 origin story and Blocknative’s business.
• In December 2022, Decrypt Studios held the inaugural Crypties awards gala with Josh Ostrovsky („The Fat Jewish“) and presenters from a range of crypto projects.
• At Web Summit in Lisbon, Tezos co-founder Kathleen Breitman discussed how the Tezos blockchain uses a proof-of-stake mechanism, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves.

Blocknative, the leading provider of real-time notifications for blockchain transactions and smart contracts, recently made headlines when its CEO Matt Cutler participated in a live event in San Francisco. The 0xpo Crossroads event, which was held on November 3, saw Cutler discuss his Web3 origin story and Blocknative’s business. Cutler was joined by Decrypt’s Jason Nelson, who helped guide the conversation.

The event, which was live-streamed to a global audience, also featured a range of other crypto-related topics, including a recap of the inaugural Crypties awards gala, which was held in December 2022 at Art Basel in Miami. The gala, which was emceed by Josh Ostrovsky („The Fat Jewish“) and presented by a range of crypto projects, saw statuettes awarded in nine categories.

The Web Summit in Lisbon, which was held in December 2022, featured a discussion between Tezos co-founder Kathleen Breitman and Decrypt’s Stephen Graves. Breitman discussed how the Tezos blockchain has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming.

The 0xpo Summit in San Francisco also featured a panel on raising venture money even during Crypto Winter. Participants included Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock.

From live events to awards galas, Blocknative and its CEO Matt Cutler are making waves in the crypto space. With Cutler’s Web3 origin story and Blocknative’s business at the center of attention, we can expect even more exciting news from the company in the future.

Bulletpoints:
• Lisa Rubin, a blockchain attorney spoke at 0xpo Crossroads in San Francisco about legal misconceptions the industry still holds.
• The Crypties 2022 awards gala was held at Art Basel in Miami with Josh Ostrovsky, and numerous crypto projects.
• Tezos co-founder Kathleen Breitman, and venture capitalists Clay Robbins, Soona Amhaz, Sarah Guo, and Alex Strzesniewski discussed raising venture money at 0xpo Summit in San Francisco.

At 0xpo Crossroads in San Francisco, blockchain attorney Lisa Rubin spoke about legal misconceptions the industry still holds. Rubin, a legal advisor with Paul Hastings, discussed how companies need to seek legal advice before launch, to ensure they are compliant with the existing regulations. She noted that the landscape is constantly changing, and companies need to stay up to date with the latest developments.

In December 2022, Decrypt Studios held the inaugural Crypties awards gala at Art Basel in Miami. The event was hosted by Josh Ostrovsky („The Fat Jewish“) and featured presenters from a range of crypto projects. Statuettes were awarded in nine categories, and the evening was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

At the 0xpo Summit in San Francisco, Tezos co-founder Kathleen Breitman discussed how the Tezos blockchain has used a proof-of-stake mechanism since its inception, and her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming. She was joined onstage by venture capitalists Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock. The panel discussed raising venture money even during Crypto Winter, and how important it is to be prepared.

These events demonstrate the potential of the blockchain and crypto industry, and how far it has come. With experienced legal advisors and venture capitalists on hand, companies can navigate the ever-changing landscape with confidence. The industry is constantly evolving, and these events provide an invaluable opportunity for companies to stay informed and stay ahead of the curve.

• Jason Michael Primrose, Amanda Terry, Artemysia-X, and Kas Vegas discussed the use of NFTs for storytelling on a lively panel at Camp Decrypt.
• The Crypties 2022 awards gala was held in December 2022 at Art Basel in Miami with Josh Ostrovsky as the emcee and presenters from a range of crypto projects.
• Kathleen Breitman of Tezos spoke about the use of a proof-of-stake mechanism, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming onstage at Web Summit in Lisbon.

At Camp Decrypt in November 2022, Jason Michael Primrose, Amanda Terry of Metagood and ACTAI Ventures, Artemysia-X of Rug Radio program LorePlay, and Kas Vegas of NFT INT, Huxley, and Feature.io discussed how their work utilizes NFTs for storytelling. Moderated by What’s Trending podcast host Shira Lazar, the lively panel discussed how NFTs can be used to tell stories in innovative ways.

In December 2022, Decrypt Studios held the inaugural Crypties awards gala at Art Basel in Miami. With Josh Ostrovsky („The Fat Jewish“) as the emcee and presenters from a range of crypto projects, statuettes were awarded in nine categories. The evening was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

At Web Summit in Lisbon, Kathleen Breitman, co-founder of Tezos, spoke about how the Tezos blockchain has used a proof-of-stake mechanism since its inception. She also shared her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves. In addition, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock shared their insights on raising venture money in a bear market at 0xpo Summit in San Francisco.

Overall, these events highlighted the innovative uses of NFTs for storytelling, the success of the Crypties awards gala, and the insights from industry leaders on raising venture money in a bear market.