👨‍💻 US gov is regulating crypto?

There's mixed opinions

Hey Waivly Crew! 🌊 The FAA has completed its investigation of Sir Richard Branson’s spaceflight, allowing them to start flying again. Elon Musk is recommending that the U.S government “do nothing” to regulate crypto.

FAA clears Virgin Galactic for further flights

The U.S. Federal Aviation Administration (FAA) has wrapped up its six-week investigation into Virgin's Galactic July 11th test flight.

Why was Virgin Galactic being investigated?

The regulator grounded Virgin Galactic's operations because, during its July 11th mission, the FAA learned that during its Unity 22 mission in July, the SpaceShipTwo went off course from its designated airspace while descending from space, without communicating with the FAA about the deviation.

Changes to be made

Now that the investigation is closed, Virgin Galactic is required to make changes “on how it communicates to the FAA during flight operations to keep the public safe,” it said in a statement. One way they plan to do this is to take “additional steps into the company’s flight procedures to ensure real-time mission notifications to FAA Air Traffic Control.”

Closer to its commercial launch

“We appreciate the FAA’s thorough review of this inquiry. Our test flight program is specifically designed to continually improve our processes and procedures. The updates to our airspace and real-time mission notification protocols will strengthen our preparations as we move closer to the commercial launch of our spaceflight experience,” Virgin Galactic CEO Michael Colglazier said in a press release.

Sony acquires Bluepoint Games

Sony has recently announced that they will be acquiring the critically acclaimed game development studio that specializes in remasters, Bluepoint Games.

Who are Bluepoint Games?

Bluepoint Games are a long-time partner of Sony's PlayStation who has remastered multiple PlayStation games such as the first three Uncharted games, Gravity Rush, and Metal Gear Solid HD Collection. The acquisition did not come as a surprise as back in June, Sony accidentally uploaded an image showing the Bluepoint acquisition.

What can we expect from the acquisition?

The acquisition would mean that we may see more remasters and remakes of games, but Bluepoint Games will also be developing games of their own, as reported by IGN. Bluepoint Games President, Marco Thrush has stated that "Our next project, we're working on original content right now. We can't talk about what that is, but that's the next step in the evolution for us." As for Sony, they are currently under pressure to release content for the PS5 but have been unfortunately having been struck by multiple delays on both their first-party games as well as third-party games. To deliver the killer content for the PS5, Sony has been acquiring more development companies such as Bluepoint Games, Housemarque, and Firesprite to push out content.

The Waves

🎧 Spotify’s New “Find The One” quiz recommends you the perfect podcast

🔊 Clubhouse now lets you record conversations

👀 Honda announces plans to build electric VTOLs and telepresence robots

😥 Nintendo denies that a 4K Switch Pro is in development

Crypto Special

Elon Musk urges U.S government to not regulate crypto

Tesla CEO Elon Musk said in a recent interview that US regulators should leave cryptocurrencies alone.

Do nothing

While on stage at the Code Conference in California, Elon noted that cryptocurrency is "fundamentally aimed at reducing the power of a centralized government,” one of the reasons why China decided to ban cryptocurrency mining and trading. New York Times columnist Kara Swisher asked Musk what should the U.S. government do with the crypto space, and he recommended they should "do nothing."

It's indestructible

To no surprise, Elon expressed his support for crypto, calling it indestructible. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” he explained. In the past, Musk has talked positively talked about multiple cryptocurrencies on Twitter, such as Bitcoin, Shiba Inu, and of course, Dogecoin.

Not everyone agrees

Later on in the conference, the chair of the US Securities and Exchange Commission (SEC), Gary Gensler, said that cryptocurrency trading platforms will “not end well” if they stay unregulated and how they would be more likely to succeed in the long term if they accept regulation under existing tax compliance, money laundering, and insider trading laws.

Twitter shares a sneak peek of NFT profile verification

Twitter’s head of consumer product marketing Justin Taylor released a video showing its NFT profile verification feature.

Show off your NFTs

In the video first tweeted out by Twitter software engineer Mada Aflak, she shows how users will be able to use the NFTs they own as their profile pictures. First, users have to click on “Change Photo,” then “Select NFT,” and connect a wallet, which will then allow you to select which NFT to use as a profile picture. After choosing an NFT, it then appears with an Ethereum checkmark, similar to the blue check given to verified Twitter users.

That's not all

Not only are verified NFT profile pictures coming to Twitter, users will also be able to display their NFTs through the upcoming “Collectible” menu, which will be amongst accounts messages, Tweets & replies, and media. Currently, both the features are only mock-ups, so anything could change between now and launch.

Pushing The Wave With Ledger

If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.

Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.

The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.

Share The Wave

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