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Hey There!
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Welcome to Clutch’s weeklyĀ PocketĀ News.Ā 
Ā This week in CryptoĀ News, Elon MuskĀ takes overĀ Twitter
,Ā Tweet TilesĀ are coming in hot
, and Do Kwon’s Singaporean mailbox isĀ racking upĀ lawsuits
. In ClutchĀ News, our Art Basel getaway entranceĀ ends tomorrow,Ā so lock in that entry and surprise your bestie!
Ā In community updates, BFF founder Jamie Schmidt is speaking atĀ NFT FestĀ in Australia and all the important dates for our getaway are listed below!
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A non-custodial social wallet offeringĀ users an all-encompassing transacting experience underpinned by social, media, education, and seamless web3 integration.
Clutch is covering round-trip flights, accommodations, and tickets toĀ DCentral Web3 conferenceĀ in Miami for one lucky NFT holder and their bestie! The winner will be announced Saturday, November 5th.Ā
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Twitter just took on a newĀ āChief Twitā. The Tesla CEO promptlyĀ firedĀ Twitter execs, including the CEO, and the entireĀ Twitter board, making himself the sole director. Musk says he will continue to clean house. This takeover comes after a legal fight ensued between Twitter and Musk after Musk retracted his bid for Twitter. With his new role, Musk hopes to decrease moderation and encourage free speech. Dogecoin(DOGE) has jumped 119% since last Wednesday with theĀ newsĀ of Elon pulling the trigger on the Twitter deal.
Twitter will allow users to buy, sell, and show NFTs through tweets. The integration is still being tested, but currently works withĀ Magic Eden, Rarible, Dapper Labs, and Jump.trade. Twitter has historically supported Ethereum-based NFT profile pictures, but a Twitter representative said all networks are supported in this feature as long as they’reĀ linkedĀ to a partnered marketplace.
Terraform Labs co-founder Do Kwon is the target of a class-action lawsuit filed on behalf ofĀ 350 investors. The claimants are seeking compensation for roughly $57 million worth of āloss and damageā combined and request an order to pay for āaggravated damages.ā AĀ spokespersonĀ for Terraform Labs said, “The risks were publicly known and discussed, and the underlying code was open-sourced.” Kwon’s whereabouts areĀ unknownĀ despite his frequent activity on social media.
Binance CEO Changpeng āCZā Zhao invested half a billion into Elon Musk’s Twitter takeover according toĀ Bloomberg. CZ said “We aim to play a role in bringing social media and Web3 together in order to broaden the use and adoption of crypto and blockchain technology.” He also said that the investment was a support ofĀ free speech.
The NFT Fest will be held in Australia from November 23rd to 24th.
Entry closes: Thursday, November 3rdĀ 
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Winner announced: Saturday November 5th!
Trip Dates: November 27-30thĀ
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Nargiza Schmidt
