SBF going infinite ♾️

‘Big Short’ author Michael Lewis almost ready to publish book on SBF. Turn your Nintendo Game Boy into a Bitcoin and Ethereum hardware wallet. RFK Jr. promises Bitcoin dream to the US.

The Token Dispatch

Nameet Potnis

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Thejaswini M A

May 20, 2023

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Michael Lewis is ready with this new book.

The bestselling author of The Big Short: Inside the Doomsday Machine and Moneyball: The Art of Winning an Unfair Game, has revealed that he has almost finished writing his book on Sam Bankman-Fried (SBF) and the collapse of the FTX crypto exchange.

What else do we know?

The book is expected to be released around the time of SBF's trial in October.

Lewis had early interactions with SBF in late 2021 and was close to finishing the book before FTX's downfall. The subsequent events and criminal charges against SBF added a new dimension to the story, providing a crucial third act.

Lewis had a firsthand look at FTX's meltdown and aims to present the book as a piece of fiction, accessible even to readers unfamiliar with crypto.

The book features insights from interviews with FTX employees, government officials, and SBF himself.

TTD Wallet 👝

Crypto startup Keyp is repurposing original Nintendo Game Boy handheld consoles into offline hardware wallets called Game Wallets.

The Game Wallet is a new game cartridge that generates users' seed phrases through gamification, incorporating quests and interactions with non-playable characters.

Know more about it

It can store cryptocurrencies that use BIP-32 seed phrases, such as Bitcoin and Ethereum.
The software will be open source, allowing others to create their own implementations.
Keyp aims to provide an offline storage solution without the need for firmware updates, addressing concerns following Ledger's recent controversy.
The Game Wallet is expected to be released in the summer, and pre-orders will be available soon.

TTD Blockquote 🔊

Robert F. Kennedy Jr. Remember that name. He is a Bitcoin maxi.

“As president, I will make sure that your right to hold and use Bitcoin is inviolable.”

RFK Jr. a democratic presidential candidate, spoke at the Bitcoin 2023 conference, emphasising the importance of the freedom to transact and expressing support for Bitcoin as a safeguard for civil liberties. Kennedy's interest in Bitcoin was sparked by Canada's freezing of bank accounts during COVID-19 protests, leading him to realise the value of free money in ensuring freedom. He pledged to protect the right to hold and use Bitcoin if elected president and criticised proposed cryptocurrency mining taxes and government surveillance.

TTD Adoption 📍

Strike and crypto exchange Bitfinex were among the first crypto companies to bag operational licenses in El Salvador.

Mobile payments app Strike has relocated its global headquarters to El Salvador and expanded its services to 65 countries. The move aligns with El Salvador's adoption of Bitcoin as legal tender and allows Strike to be at the forefront of the digital currency revolution in the country.

Speaking to Fortune, Jack Mallers, the CEO and founder of Zap, Strike’s parent company, revealed that relocating its headquarters to El Salvador was a response to the growing anti-crypto regulatory sentiments in the US.

“Two years ago, people would have made fun of me [for our] headquarters in El Salvador to launch product for three billion people, but now Coinbase is fighting with Gary Gensler. Who’s laughing now?”

The company aims to provide fast, low-cost, and secure cross-border transactions, working closely with the government to promote financial inclusion and Bitcoin adoption.

TTD NFT 🐝

Pudgy Penguins creators plan to expand the IP beyond digital assets into physical toys, video games, and more, aiming to build a multi-dimensional brand and engage a wider audience.

Deadfellaz, an NFT project, now allows owners to use their NFT avatars in livestreams and video calls. By connecting their avatar wallet to platforms like Twitch, YouTube, Google Meet, and Zoom, owners can display their NFT avatars in real-time during video interactions, enhancing the immersive experience and personal expression. Thus expanding potential for NFTs to integrate into broader digital experiences.

TTD Surfer 🏄

$3 Million worth of customer funds swiped via alleged Arbitrum-based decentralised exchange (DEX) Swaprum rug pull.
NY Attorney General Letitia James has reached a settlement with Coin Cafe; the trading platform must pay back $4.3 Million to its customers.
The Asia-based digital asset financial services firm HashKey is planning to raise funds at $1 billion valuation, according to Bloomberg report.

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