Pocket News

Hey There!

 

Welcome to Clutch’s weekly Pocket News👛 This week in Crypto News, Apple takes a big bite of NFT sales from apps🍎, the SEC finally surrenders Hinman documents in the XRP case🎉, and the crypto markets are LIT🔥. In Clutch news, we have big product updates to our wallet, and our Art Basel getaway is live✨. In Community Updates, Surge is launching a new course, and we have an upcoming panel Twitter space with Jumpcut on Thursday about Storytelling Through Tech. 

Clutch Wallet

A non-custodial social wallet offering users an all-encompassing transacting experience underpinned by social, media, education, and seamless web3 integration.

Apple tightens reigns on NFT sales🍎, Ripple gets their (Hin)man📧, Vertu announces a Web3 phone📱

Apple tightens reigns on NFT sales🍎, Ripple gets their (Hin)man📧, Vertu announces a Web3 phone📱

We are still in Beta, but you can now…

  • Buy, swap, send, and receive crypto on Ethereum AND Polygon🔅
  • Stay posted on the top and worst-performing tokens ⬆⬇
  • Be in the know on the latest Web3 news 📣
  • Explore upcoming collections on our NFT drop page 🖼
  • Access our learn hub, which covers the basics, NFTs, and more 📚
6

Clutch is offering one lucky NFT holder and their bestie an opportunity to immerse themselves in the largest Web3 conference during Art Basel week. Clutch is covering* round-trip flights, hotel accommodations, and tickets to DCENTRAL. 🛫🏝

 

Getaway Dates: November 27-30th

 

What you need to do to enter:

  1. Hold one NFT from selected NFT communities: BFF, Surge, Crypto Tech Women, HUG, Boys Club, Miss O Cool Girls, and Mavion 🎨
  2. Connect this NFT to your Clutch Wallet and verify it 🤝

 

Winner will be announced November 5th!

For more details, check out our DCENTRAL event page.✨

 

*last week, we said it was all-expenses paid, but Clutch is only covering flights, accommodations, and tickets to DCENTRAL.

Crypto News

Apple wants a 30% cut of NFT in-app sales.

Apple formally green-lighted in-app minting and buying and selling in-app NFTs, but they want a 15% cut of NFT sales totaling less than $1 million and a 30% cut of sales over a million dollars.  Some markets, like Solana’s Magic Eden, have threatened to pull out of the App Store and gaming companies are reluctant to integrate NFTs into their apps. The tech company also stated they would not allow NFTs to be used to unlock features or functionality in apps.

Moola Market hacked for $9.1 million.

Lending protocol Moola Market paused activity to investigate a hack on the CELO blockchain. The hacker borrowed CELO and used it as collateral for MOO repeatedly until it increased the MOO token’s value by 6,400%. With the inflated amount, the attacker borrowed a total of $9.1 million. Moola Market announced the hacker returned 93.1% of the funds. 

Ripple finally receives the Hinman documents in SEC court case.

Obtaining the Hinman documents was a major win for Ripple in the SEC/Ripple case. Stuart Aldertoy, general counsel of Ripple tweeted that after “18 months and 6 court orders,” the Hinman docs are in the hands of Ripple. The documents contain emails pertaining to a speech made by former SEC division director William Hinman stated that Ether is not a security.

Smartphone company Vertu unveils a Web3 smartphone.

Vertu announced Monday its newest product, the MetaVertu smartphone, which can run its own blockchain node and turn photos and videos into NFTs with a single click. The smartphone uses a standard android operating system and can easily switch to Web2. This luxury product starts at $3,600 and will be available online on November 1st.

Markets, you up?

Bitcoin(BTC) is up 8.78%, and Ethereum (ETH ) is up 22.27%. Bitcoin hit a high of $20,912.80, while Ethereum hit a high of $1,584.05. The surge could be due to the market stability observed in the past month and the hope that the U.S. Federal Reserve will ease up on the interest rate hikes.

Markets, wyd?

Bitcoin(BTC) is up 8.78%, and Ethereum (ETH ) is up 22.27%. Bitcoin hit a high of $20,912.80, while Ethereum hit a high of $1,584.05. The surge could be due to the market stability observed in the past month and the hope that the U.S. Federal Reserve will ease up on the interest rate hikes.

Community Update

Surge's New Crypto Course

Surge is creating a course for crypto intermediates! Join the waitlist here.

Jumpcut Twitter Space

Date: Thursday, October 27

Time: 1:00-2:00 pm ET

Written By

Nargiza Schmidt