Pocket News

Welcome to Clutch’s FIRST weekly pocket news.

 

Each week, we’ll keep you up to date on C&C (Clutch & Crypto). We will share web3 news stories, Clutch Wallet updates, community news and most importantly, weekly memes.

Pocket News

Welcome to Clutch’s FIRST weekly pocket news.

 

Each week, we’ll keep you up to date on C&C (Clutch & Crypto). We will share web3 news stories, Clutch Wallet updates, community news and most importantly, weekly memes.

Clutch Wallet

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

Clutch Wallet

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

Hello Dex Aggregators!

We are excited to announce that we’ve integrated with some more Dex aggregators (1inch protocol, 0x protocol, and Paraswap protocol). A DEX aggregator is used to access a range of different liquidity pools from one single platform, and ultimately provide the user with crypto at the best price, with the lowest transaction cost and movement in price. The 3 protocols provide access to several exchanges like Uniswap, Sushiswap, Sakeswap, etc. Of these exchanges, the best price is being fed to our portal.

Buy Crypto with Clutch Wallet!

That’s right…when markets are down, crypto is on sale. Great timing because you can now buy crypto with Clutch Wallet! We have integrated our wallet with “Ramp” so you can connect your credit/debit card and use your local currency to buy cryptocurrency.

 

Simply select the ‘wallet’ icon which features in the top header, and then follow the instructions to complete your purchase!

Hello Dex Aggregators!

We are excited to announce that we’ve integrated with some more Dex aggregators (1inch protocol, 0x protocol, and Paraswap protocol). A DEX aggregator is used to access a range of different liquidity pools from one single platform, and ultimately provide the user with crypto at the best price, with the lowest transaction cost and movement in price. The 3 protocols provide access to several exchanges like Uniswap, Sushiswap, Sakeswap, etc. Of these exchanges, the best price is being fed to our portal.

Buy Crypto with Clutch Wallet!

That’s right…when markets are down, crypto is on sale. Great timing because you can now buy crypto with Clutch Wallet! We have integrated our wallet with “Ramp” so you can connect your credit/debit card and use your local currency to buy cryptocurrency.

 

Simply select the ‘wallet’ icon which features in the top header, and then follow the instructions to complete your purchase!

Crypto News

All hail the ETH surge. After plummeting to $1,100, Eth has gone up 50% in the last week. Was it due to the merge announcement?

Ethereum’s transition from an eco-UNfriendly PoW mechanism to an energy-efficient PoS mechanism is on the horizon. Once the merge is complete, Ethereum will become more secure and scalable

Influencer Zeneca and Platform PREMINT were hacked- Yuga Labs predicted such an attack.

Zeneca’s Twitter account was hacked late Tuesday and linked to a fake airdrop for their “Zen Academy Founders Pass.” Soon after the fake Zeneca tweet went out, Twitter was alerted, and the account was locked down. On Monday, Yuga Labs predicted there would be various attacks on multiple communities via social media. In a separate incident on Sunday, PREMINT was attacked, resulting in total losses of over $400,000. PREMINT announced in a live stream Wednesday that they intend to repay each of the wallets associated with the incident.

Vitalik Buterin shares 6 key visions for Ethereum post Merge

At the Ethereum Community Conference, Buterin pointed out that Eth will “settle down” meaning it will become more secure and predictable. He wants the focus of Eth to be on decentralization instead of complexity. He also remarked on the benefits of transitioning from a PoW to a PoS, one being the high scalability of PoS. 

Thai crypto exchange, Zipmex, suspends withdrawals.

Zipmex CEO denies rumors that it was in trouble, stating a “combination of circumstances beyond our control” was to blame for its pause on withdrawals. Zipmex recently lent $48 million to Babel. This amount is unlikely to be paid back due to the financial difficulties Babel is currently facing.

Bitcoin dips as earnings report reveals Tesla sold 75% of its BTC.

Tesla has sold $936 million worth of Bitcoin in the second quarter. They are hoping to boost their cash position amid uncertainty surrounding Covid-19 shutdowns in China. CEO, Elon Musk, said that Tesla is “open to increasing its Bitcoin holdings in the future.”

Three Arrows Capital (3AC) founders blame bad trades for their collapse.

In a recent interview (from an undisclosed location) with Bloomberg, 3AC founders Kyle Davies and Su Zhu said they made some bad trades. One of which resulted from overconfidence in Terra founder Do Kwon. The 3AC founders are currently in hiding and denied rumors that they pulled money from the fund before it collapsed. 3AC currently owes creditors $2.8 billion.

Community Update

Amazing NFT Collections

This week we want to highlight some of the amazing NFT collections within our community. YOU are what make the web3 community full of passion and creativity.

The Clutch wallet x Surge Perks are Activated! All Surge Passport NFT holders will receive a $20 credit for Clutch wallet fees. This applies to all the transactions within the wallet. Have you claimed yours?

  1. Companies will be reducing staff head counts during a bear market, which means that companies are looking for multi-skilled talent to bring to the table.
  2. A bear market is a build market. But what does this mean? It means you should take the time to hone in on your passions and skills. Maybe take a coding class or start journaling for your next project! It’s the perfect time to educate yourself on new subindustries within web3.
  3. Looking to fundraise? Fundraising conditions have been changing as valuations reduce. Investors are more conservative, yet keeping their eyes open for that ✨unforgettable project✨

 

Listen to the full recording here!

We had a great time on the BoysClutch Discord. Our co-founder, Bec Jones, joined 5 other female founders and pitched their businesses to the Boysclub fam. Clutch shared the stage with some top projects: Seam, BundlrNetwork, Appreciate app, uniform and shameless app.

Upcoming Events

CocoNFT Twitter Spaces

Upcoming date: Thursday, Aug. 4th @12pm PT. 

Topic: Building in a Bear Market. 

Written By

Nargiza Schmidt

Weekly Newsletter

Web3 news, Clutch Wallet updates, community news, and most importantly, weekly memes.

Weekly Newsletter

Web3 news, Clutch Wallet updates, community news, and most importantly, weekly memes.