Freedom World App is here!🚀

Welcome 🙏to Joint #15! We are sure to give you some insights about this week's weekly updates too🥳 keep reading!

We are back after a short break, hope you guys missed us🥺this week's next joint will go live on Friday! But worry not we will be back to Monday and Thursday from next week🤗

This week was really happening and yes aapko ni idea…but worry not! Web3 Stash Hai na😇 Let's start by having a look at BTC and ETH 👀

Abhi let's dive into some good web3 news and trust me it's fun keep reading😭😭🤌🏻 Today we will be covering the following topics -

1. Freedom World App is here!🥳

2. Crypto Payment Gateway from PayPal💰

3. Understanding 4 types of Blockchains🤔

4. CoinEx exchange hacked!😱

🥳Freedom World App is here🥳

The unveiling of the Freedom World App has taken center stage at Token2049, a premier Web3 event.🌐 This groundbreaking application is poised to transcend the boundaries between Web2 and Web3.

In a new era by granting access to blockchain technology for industries that previously had limited exposure. The ultimate goal is to transform virtual experiences into tangible real-world advantages.🙌✅️

This could be possible because of a collaboration between Bitazza, Asia’s rapidly expanding digital asset platform, and Fuse, the foremost blockchain ecosystem for business payments🤌🤌😭😭😭

This app has some cool features like NFT-based ticketing, social integration through blog posts and push notifications, airdrop functionality, and the ability to redeem MYST tokens for real-world perks, such as exclusive merchandise and refreshing beverages.💯💯

The Freedom World App also introduces -

1. A versatile toolkit for businesses, featuring a tokenized points system for digital currency creation and management.

2. Theme customization to align with brand identity, airdrop functionality for direct community rewards, a referral system incentivizing member recruitment.

3. Push notifications for instantaneous messaging, a customizable news feed for interactive content.

4. NFT minting for unique community engagement, a top-up feature to encourage support.

5. An integrated e-commerce platform for seamless product and service monetization.

💰Crypto Payment Gateway from PayPal💰

Global digital payment giant PayPal has unveiled its innovative crypto payment solution for web3 retailers in America!💯🥳

Let's find out what this means👀

Introducing “PayPal On and Off Ramps” -

This feature seamlessly integrates into PayPal’s already-established framework, permitting American users to engage in transactions using PayPal-endorsed cryptocurrencies🔗💰

PayPal On and Off Ramps is tailored for wallets, decentralized applications (dApps), and NFT (Non-Fungible Tokens) marketplaces🌐💶

It aims to merge these platforms with PayPal’s esteemed payment system. This offers users an efficient, fluid mechanism to transact in crypto within America.💸🎯

More than just the efficiency of payments, this feature incorporates PayPal’s top-tier fraud surveillance, and chargeback & dispute resolution utilities.🚀🔒

Web3 retailers have a golden opportunity at hand. By harnessing this feature, they can connect with the reliable and expansive payment infrastructure PayPal offers, leading to potential user base expansion.📈🔺️

The On and Off Ramps solution is currently accessible to web3 retailers. In a noteworthy collaboration, MetaMask🦊, a leading name in the crypto wallet sector and a renowned browser extension, has embraced this innovative feature✅️🙌

🤔Understanding 4 types of Blockchains🤔

So 4 Types of Blockchains are what we are learning today 🥳🤌fasten your seat belts as this will be fun!🎊

1. Public Blockchain🌐👥-

Public blockchains are like a massive, bustling city park 🌆🏞️ that's open to everyone 👥. Imagine this park as a place where people come to play and have fun. Anyone can join, play games, and interact freely. It's like a big, digital playground where the rules are transparent, and anyone can see what's happening. 🎮👀

2. Private Blockchain 🔒🏢-

Private blockchains are akin to a high-security, members-only club 🏢🔒. In this exclusive club, only invited guests 👥 are allowed to enter. Inside, they have their own special rules and activities. It's like a VIP party where you need an invitation to participate, and everything is kept behind closed doors. 🍸🎩

3. Consortium Blockchain🤝🤖-

Consortium blockchains are like a group of trusted friends 🤝 teaming up with some helpful robots 🤖to accomplish a common goal. Imagine a collaborative project where a select bunch of companies or organizations work together 👥 using the power of technology. It's like a team effort where they share responsibilities and resources 🚀👩‍💼🤖

4. Hybrid Blockchain 🌐🔒-

Hybrid blockchains combine the best of both worlds. Picture a world map 🌐 where some areas are open like public parks 🌆🏞️, and others are restricted like private clubs 🏢🔒. In a hybrid blockchain, there are parts that are open to everyone, just like public blockchains, and other sections with restricted access, like private blockchains. It's like a digital realm that strikes a balance between openness and exclusivity. 🌍🚧🤝

So, whether you want to play in a massive digital playground, enjoy the exclusivity of a private club, collaborate with trusted partners, or have a mix of it all, there's a blockchain type to suit your needs! 😄🔗🌟

I hope this explanation cleared the 4 types of Blockchains and now I want you guys to share this newsletter within your group and get us some more subscribers!🥺🥺

That's the only fee you guys need to pay for getting many more cool explanations on complicated topics🤌🏻 SUBSCRIBE NOW!

😱Coinex exchange hacked😱

Crypto exchange CoinEx recently experienced abnormally large outflows to an address with no prior history!☠️💀

Leading security experts suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has estimated the losses to be approximately $27 million.😱💶

A known CoinEx hot wallet transferred around 4,947 Ether, worth $7.9 million at the time, to an Ethereum account. The receiving account had no prior history before this transaction.🚫

Immediately after this transaction, the CoinEx hot wallet began transferring large amounts of tokens to the same address.🔻📈

Approximately 408,741 Dai stablecoin, 2.7 million Graph (GRT) tokens, 29,158 Uniswap tokens and many other tokens were transferred from the wallet.🤌⚒️

The alleged hack of CoinEX serves as a stern reminder of the pitfalls in the crypto market. 🥲🔗

Investing in the knowledge of best practices, recognizing the signs of potential breaches, and advocating for top-tier security standards are the stepping stones to a safer environment!🤌🤌😭😭

Now, Stay subscribed and ask your Web3 friends too as we will update you on more news as soon as we have some progress 😎

This is what the JOINT #15 had to offer we went from blockchains to coinex and we promise to deliver an even better experience next time🤗🤗 so stay subscribed!

Also please do me a favor and share this newsletter with your web3 friends 🫂🫂(secret - this will make sure you make good money in web3 world in the coming future)❤️❤️😭😭😭

Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #16!!🫂🫂