Coinbase Very Close to Acquiring Brazils Largest Crypto Exchange – Mercado Bitcoin

Report came out today that Coinbase (COIN) is currently in talks to acquire 2TMM, owner of Mercado Bitcoin, Brazil’s largest crypto exchange.

Mercado Bitcoin has reached 3.2 million customers in 2021, of which 1.1 million were added last year, with a trading volume of $7.1 billion in 2021.

Why it matters:

This gives Coinbase a very strong position in a market in which they have been struggling to gain traction. Brazil and South America overall is going to be a very important market in future for cyptocurrencies.

Phantom Wallet – Beginner’s Guide Video with Walkthrough

Solana is a protocol that is on the rise. Adoption of Solana in terms of developers and DApps have been increasing over the past few years at breakneck speeds – and this leads to more users needing a good wallet solution – step in Phantom.

Phantom is a a crypto wallet focused towards the Solana ecosystem. Here is a great beginners guide to the Phantom wallet – how to signup and how to use the wallet in browser.

Apple Will Allow iPhones to Accept Contactless Payments by NFC

Apple is reportedly going to allow iPhones to start accepting contactless payments. This is huge news!

It will dramatically affect any card company and how they collect their fees – as well as companies like Square and other POS services.

Apple has reporting been working on this service since 2020, when it purchased a Canadian startup called Mobeewave. Mobeewave’s technology only needs an app and the phone’s NFC to work.

I expect that Apple will roll out such a service as part of Apple Pay.

Game changer!

China Blockchain Services Network to Launch NFT Minting and Marketplace Service in China

It has been announced that China’s state-backed Blockchain Services Network (BSN) will soft launch infrastructure for NFTs in China.

BSN said the infrastructure, known as BSN-Distributed Digital Certificates (BSN-DDC), would offer “a diverse, transparent, credible and reliable” one-stop-shop for businesses to mint and manage their own NFTs without relying on cryptocurrencies, which are banned in China.

This will be a very interesting experiment from the Chinese Government as the vast majority of NFTs in the world at the moment are based off the Ethereum network.

Does Audius Pay Artists, Musicians and Record Labels for Streams?

No.

Audius has been live for over 3 years now and it is still yet to have a full payment system for artists and record labels.

Audius provide tokens to 5 top artists each week, but that has little to no value for any artist that is going to use their platform with the hopes of reaching more fans and making money from their music.

This feels like it is a completely dead project – even though they have over $1 billion stakes in the platform with a market cap of now less than $500 million.

Best Blockchain, Cryptocurrency and NFT Explanation Videos I Have Seen – Well Worth the Watch

This has to be one of the most interesting Blockchain, Cryptocurrency and NFT video I have ever seen. It runs through a huge amount of topics and structures and explains them in a very simple way.

After watching the video – there are some points that stand out as great points and others which are kind of irrelevant.

Even after the first 10 minutes there are points in which the previous financial bubble seems to be the exact same structure as what is occuring with NFTs at present. Interesting.

However, this is REALLY WORTH THE WATCH

Can Certain Music Distributors Send Music to Stores / DSPs Faster Than Others?

Short Answer = No

All music distributors (RouteNote, CDBaby, Tunecore, etc) take the same amount of time from the moment a track leaves the distributors server and is packaged to be delivered to a DSP (Spotify, Apple Music, Amazon, etc). On average the DSPs will take between 24-48 hour to ingest the content once it is uploaded to their servers.

The ONLY way a music distributor can speed up the process is by pushing tracks through its internal moderation process faster.

Is Rippling Available in the UK and Other Countries Outside the USA?

Rippling has one of the best HR based platforms in the world. Its built from the ground up to help companies look after their employees at all stages.

However, it’s only available in the USA!

I run a company in the UK – and I really wish Rippling was available here. I understand there are a lot of complexities around compliance when you are talking about Payroll and HR globally, but it seems like no one has been able to sort that out on a global basis for all employees as of yet.

Tencent Sells Giant Stake in JD.com – Dropping its ECommerce Share

Tencent is a giant in the world of Chinese technology and beyond. Today they have announced that they will be selling most of its stake in JD.com.

Tencent will reduce is staking from 17% to 2.3%.

The proceeds will help Tencent provide shareholders with a $16.4 billion dividend.

After long being JD’s largest stakeholder, Tencent will give the title to Walmart.

This seems to be a Tencent strategy that has paid off in the long term. Instead of Tencent looking to acquire many companies in adjacent industries – they have decided to acquire minority stakes in a huge number of technology companies globally.

Why?

Its far easy to own more when you own a minority. If Tencent were to acquire more companies – they would have issues with Government and regulator approval.

Didi Delisting from the NYSE and Moving to the Hong Kong Stock Exchange

Chinese ride-hail giant DiDi said it will delist from the New York Stock Exchange, following a Chinese government crackdown on foreign listings. (via Axios)

Didi is the Uber of China (and beyond) and it seems as though their progress might be hindered with growing geopolitical tensions between the US and China.

The delisting will occur soon and Didi will move trading across to the Hong Kong Stock Exchange.

The Hong Kong Stock Exchange has been know to have lower general multiple than its US counterparts.

Telstra Ventures – Bullish on the Chinese Technology Sector and Private Companies in China

Even though there has been a huge crackdown in the Chinese Tech companies – it seems like there are still many Venture Capital firms that are bullish on the future of the Chinese Tech sector.

One venture firm that is looking for more opportunities is Telstra Ventures. Telstra Ventures is the venture capital arm of Telstra – Australia’s largest telecoms company.

Telstra has been investing in China for the past six years. It now counts three Chinese unicorns in its portfolio.

Keep an eye on Telstra Ventures investments as it seems like their research is finding some of the best opportunities in the Chinese Tech sector.

Apple Acquires Classical Music Streaming Service – Primephonic – Dedicated Classical Music App Coming Soon from Apple

Apple has announced that they have acquired Primephonic, the classical music streaming service.

Apple Music now plans to launch a dedicated classical music app new year combining Primephonic’s classical user interface with more added features. It will be interesting to see if Apple are able to take Primephonic to a more mainstream audience – and how will this dedicated app be differentiated from the standard Apple Music app, which obviously includes the classical music found in Primephonic and far more.

Primephonic is no longer available for new subscribers and will be taken offline beginning September 7.

Apple says that, when it launches, its new dedicated Apple Music Classical experience will offer “the best features of Primephonic, including better browsing and search capabilities by composer and by repertoire, detailed displays of classical music metadata, plus new features and benefits”.

In the meantime, current Primephonic subscribers will receive six months of Apple Music for free, including its library of Lossless and high-resolution audio, as well as hundreds of classical albums in Apple Music’s Spatial Audio.

Charles Hoskinson and Cardano Live Stream Updates

Charles Hoskinson is a celebrity in the crypto world. He has been live streaming on YouTube for years now and I have been learning a lot from watching all his videos over the past few months.

If you want to learn about the crypto world and specifically about Cardano and the progress on their platform, then take a look at his YouTube channel.

How do you check if Google AdSense ad code is inserted correctly?

I have recently added Adsense to Crenk.

I wondered how long it takes before the ad code starts to show correctly on your site once it has been added.

Answer = random.

If your using the same Google account or the same IP address as you did when you inserted the code then Google won’t show you an ads and you will see a big white blank space.

However, if you get in touch with a friend and get them to test the site for you then they should be able to generally see the ads. It normally takes a few hours after the ad has been inserted, but sometimes it can be faster.

Synchedin – Music for All Creators – Unlimited Music for Your Videos

Creators are always looking for great music – that’s why we created Synchedin! But Synchedin also allows the musicians to finally get a strong revenue share from a licensing service!

The music is fully controlled by Synchedin and is completely safe to use across social media, etc, globally.

For only $4.99 per monthly – creators now have an amazing choice of great tracks and the catalogue is growing daily.

Wise Goes Public Today on LSE – Great Investment Opportunity

Wise is one of my favourite companies and has been for a long time.

Today Wise goes public on the London Stock Market – under the ticker – WISE.

They have been a leader in the P2P money transfer space forever, but I think they have a huge number of opportunities in adjacent markets to enter.

Today they will go public for around $7 billion USD.

I can easily see this company being worth $70 billion within 3-5 years.