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- 12/11/23: Rugged To The Moon ๐๏ธ๐๐
12/11/23: Rugged To The Moon ๐๏ธ๐๐
Top News

Gm!
Last night, we announced that we will be merging with Decrypt and integrating them into our ecosystem.
Both Rug Radio and @decryptmedia will live under the umbrella of a new parent company that is innovating ad tech and creator distribution in ways never before seen.
Toโฆ twitter.com/i/web/status/1โฆ
โ Farokh (@farokh)
5:36 PM โข Dec 10, 2023
โโช-โช โ You love to see it. What started off as a couple of degens on Twitter Spaces, has evolved into a leading web3 media company. Attention is the new digital oil, and Rug Radio has a phenomenal job capturing the attention of new and seasoned crypto users. Iโm excited to see what ad-tech experiments/innovations Rug Radio + Decrypt dish up. Also, the Rug Radio house was pretty epic.
JUST IN: ๐บ๐ธ VanEck's spot #Bitcoin ETF will have the ticker symbol $HODL
โ Bitcoin Magazine (@BitcoinMagazine)
3:13 PM โข Dec 8, 2023
โโช-โช โ Seeing a leading TradFi institution like VanEck pay homage to crypto culture by selecting โHODLโ as the ticker for their upcoming Bitcoin ETF is proof that crypto culture has penetrated mainstream finance. I guess somebody at VanEck has been reading Specs and followed our advice on securing the ultimate Bitcoin ETF ticker.
JUST IN: Google updated its crypto ad policy, permitting crypto trust ads starting late January, coinciding with expected US approval of spot #Bitcoin ETFs ๐
These trusts enable trading shares in pools of digital currencies, potentially encompassing ETFs ๐
โ Bitcoin News (@BitcoinNewsCom)
1:00 PM โข Dec 11, 2023
โโช-โช โ Google has officially reversed their ban on crypto ads and will start allowing cryptocurrency coin trusts (ex. Grayscale) to advertise their products to the masses.
This might not seem like a big deal, but it is, as Google Ads will likely expand to other product and more importantly, inspire other advertising companies to start allowing crypto ads. Sheepish proliferation.
While this is definitely bulllish for crypto, it does presents an opportunity for scammers to drain wallets en masse - which means Google Ads needs to fully vet their customers.

Peripheral Vision
โ๏ธ Crypto & DeFi
Uniswap is now available on Bitcoin sidechain Rootstock
Uranium Finance hacker may have used Magic cards to cash out
Compound DAO fails to approve $125k bug bounty proposal
Polygon to demo next-gen ZK product on Dec. 14th
๐ฆ Wallstreet & VC
M&G Investments leads $30 million raise for GFO-X
Ark Investโs Coinbase selling spree exceeded $100 million last week
C1 Fund looks to buy secondary shares in Animoca at an 80% discount
Nonco raises $10M seed round led by Valor Capital & Hack VC
๐๏ธ Legal & Regulatory
Judge gives SEC another week to explain alleged 'misrepresentations'
Tether freezes 161 OFAC-sanctioned wallets
Crypto provisions dropped from 2023 U.S. defense bill
๐ Rest of the World
๐ผ๏ธ NFTs & Metaverse
Pudgy Penguins reveals trailer for 'Pudgy World' Web3 game
Amazon Prime launches NFT game called โChampions Ascensionโ