Daily Crypto Report

"Snap shutters web3 division" September 2, 2022

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Today’s blockchain and cryptocurrency news

Brought to you by jam.ai

Bitcoin is down slightly at $20,084

Ethereum is down slightly at $1590
and Binance Coin up slightly at $279

Compass will move 2 GA based facilites to TX.

Coinbase misprices Georgia national currency.

Snap shutters web3 division among layoffs.

Yuga Labs teases dark Koda backstory

Thailand will strengthen rules for crypto ads.

Links:

  • Otherside on Twitter
  • Jake Sheinman on Twitter: "After ~4 years at @Snap, today is my last day. As a result of the company restructure, decisions were made to sunset our web3 team. The same team that I co-founded last year with other pirates who believed in digital ownership and the role that AR can play to support that. 1/2" / Twitter
  • Compass Mining hosting partner sites shut down in Georgia due to 50% power spike
  • Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require – Regulation Bitcoin News
  • Coinbase Users Across Georgia Milk Price Bug for 100x Profit

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