Bitcoin exchange-traded funds (ETFs) have gained popularity as a financial instrument, offering several benefits for investors. Here are some key advantages associated with Bitcoin ETFs:

1. **Accessibility and Convenience:**

   - **Mainstream Investment Vehicle:** Bitcoin ETFs provide a familiar and regulated investment vehicle for traditional investors who may be hesitant to directly invest in cryptocurrencies. This can attract a broader range of investors, including institutional players.
   - **Ease of Trading:** ETFs are traded on traditional stock exchanges, making them accessible through regular brokerage accounts. This eliminates the need for investors to set up and manage digital wallets, private keys, and navigate cryptocurrency exchanges.

2. **Regulatory Oversight:**

   - **Regulatory Approval:** Bitcoin ETFs operate under the regulatory framework of traditional financial markets. This provides a level of oversight and investor protection that is often lacking in direct cryptocurrency investments. Regulatory approval can enhance investor confidence and attract institutional capital.

3. **Risk Mitigation:**

   - **Diversification:** Bitcoin ETFs can offer investors exposure to the price movements of Bitcoin without the need to hold the actual cryptocurrency. This allows for diversification within a traditional investment portfolio, helping to spread risk across different asset classes.
   - **Custody Solutions:** ETF providers typically employ secure custody solutions for holding the underlying Bitcoin, addressing concerns related to theft, hacking, or loss of private keys.

4. **Liquidity:**

   - **Market Liquidity:** ETFs are traded on established stock exchanges, providing high liquidity compared to some cryptocurrency exchanges. This liquidity can be especially beneficial for large institutional investors looking to buy or sell significant amounts of Bitcoin without causing substantial price slippage.

5. **Transparent Valuation:**

   - **Net Asset Value (NAV):** Bitcoin ETFs regularly disclose their Net Asset Value (NAV), providing investors with transparency regarding the fund's underlying value. This can help investors make informed decisions based on the fund's performance and market conditions.

6. **Tax Efficiency:**

   - **Tax Treatment:** Investing in Bitcoin ETFs can offer tax advantages compared to direct cryptocurrency investments. Capital gains taxes may be more straightforward, and investors may benefit from the tax efficiency associated with traditional investment structures.

7. **Market Integration:**

   - **Integration with Traditional Markets:** Bitcoin ETFs bridge the gap between the cryptocurrency market and traditional financial markets. As they become more integrated, the correlation between Bitcoin and traditional assets may evolve, potentially offering new opportunities for risk management and portfolio optimization.

8. **Institutional Adoption:**

   - **Attracting Institutional Investors:** The regulatory framework, transparency, and risk mitigation features of Bitcoin ETFs make them more appealing to institutional investors. As institutional participation in the cryptocurrency market increases, it can contribute to greater market stability and acceptance.

While Bitcoin ETFs offer various benefits, it's essential for investors to carefully evaluate the specific ETF structure, fees, and regulatory environment before making investment decisions. As with any investment, there are risks involved, and market conditions can impact performance.

Explore the Benefits of Bitcoin ETFs

*"More than three years ago we founded Worldcoin with the ambition of creating a new identity and financial network owned by everyone; the rollout begins today. If successful, we believe Worldcoin could drastically increase economic opportunity, scale a reliable solution for distinguishing humans from AI online while preserving privacy, enable global democratic processes, and eventually show a potential path to AI-funded UBI.*

*Worldcoin consists of a privacy-preserving digital identity (World ID) and, where laws allow, a digital currency (WLD) received simply for being human. We hope that, where the rules are less clear, such as in the U.S., steps will be taken so more people can benefit from both.*

*You can now download World App, the first protocol-compatible wallet, and reserve your share. After visiting an Orb, a biometric verification device, you will receive a World ID. This lets you prove you are a real and unique person online while remaining completely private. As the global distribution of Orbs is ramping up, you can find the closest one and book time to be verified with World App and at [worldcoin.org](http://worldcoin.org).*

*Worldcoin is an attempt at global scale alignment, the journey will be challenging and the outcome is uncertain. But finding new ways to broadly share the coming technological prosperity is a critical challenge of our time. We hope you’ll join us.*

*Alex Blania & Sam Altman"*

Twitter: <https://twitter.com/worldcoin>

News: <https://www.reuters.com/technology/openais-sam-altman-launches-worldcoin-crypto-project-2023-07-24/>

OpenAI's Sam Altman launches Worldcoin

Darwin: A framework for evolving decentralized web apps

I needed to deploy a smart contract the other day with my hardware wallet and found the process way more convoluted than I expected, so I made this dead simple site: <https://www.deploysmartcontract.com/>.

This lets you take your compiled contract's ABI and bytecode (compiled with something like Remix, hardhat, truffle, Foundry, etc) along with your desired constructor arguments, and deploy via clicking a button that pops up Metamask. No coding required, but if you want to code, then the 3 lines of code you'd need are there too.

Yes [Remix ](https://remix.ethereum.org/)allows one to compile and deploy contracts via "Injected Provider - Metamask", but for whatever reason that's not working for me anymore and the "deploy" button is greyed out without any error message.

If you want to deploy it yourself with code, then it's literally just 3 lines of code in the browser with the ethers library (v5.7.2)

\`\`\`

const factory = new ethers.ContractFactory(abi, bytecode, signer);

const contract = await factory.deploy(...constructorArgs);

await contract.deployed();

\`\`\`

I use the hardhat npm library for compiling the contract, testing, and deploying locally. I just wasn't able to deploy with it using my hardware wallet (Trezor).

I'm surprised Metamask doesn't just have this feature directly in the interface (wait their UI/UX is pretty subpar, so I'm not surprised).

Yea the site is dead simple and nothing to call the newspapers about. I've been inspired by these ["boring" simple utility websites](https://twitter.com/staticmaker1) that rack in millions of views, and this was a case where I wanted something like this to exist, so I created it and felt it'd be worth the small time investment. Also I see it as a warmup for a grander idea I have. Stay tuned, and keep shipping...

I Made a One Page Website For Deploying Smart Contracts

Hi I'm Jeremy. I'm building this site because I'm not satisfied with other online community type websites and their lack of innovation (see the /about page). The goal is to make a superior, more open, and more decentralized online community.

The site is still in early stages in active development (see the dev masterthread here: https://zsync.xyz/p/zsync-dev-update-masterthread)

Join us if this sounds interesting! Feel free to send me any feedback or reach out directly!

Links:

[Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole](https://www.coindesk.com/markets/2023/07/31/a-curve-founders-168m-stash-is-under-stress-creating-a-risk-for-defi-as-a-whole/)

Delphi Digital Twitter thread: <https://twitter.com/Delphi_Digital/status/1686187959303708672>

Curve Finance Exploit Puts More Than $100M of Crypto at Risk

Ethereum Merge Completed

Aptos, a Layer 1 blockchain backed by a16z and FTX has just launched.According to the Coindesk article, <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.coindesk.com/tech/2022/10/18/ftx-a16z-backed-aptos-blockchain-off-to-a-rocky-start/">FTX-, A16z-Backed Aptos Blockchain Is Off to a Sluggish Start</a>, "Transaction speeds and tokenomics disappoint on the first day of transactions for the ‘Solana killer’ chain run by ex-Meta employees. Can this protocol gain the trust of investors?"Bullish thread: <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/macnbtc/status/1581171618298048512">https://twitter.com/macnbtc/status/1581171618298048512</a>Bearish thread: <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/ParadigmEng420/status/1582121408548651009">https://twitter.com/ParadigmEng420/status/1582121408548651009</a>What do you think?

Aptos Layer 1 Blockchain Thread

Google enters new cryptocurrency partnership with Coinbase

<a target="_blank" rel="noopener noreferrer nofollow" href="https://threadreaderapp.com/thread/1566427754450395137.html">https://threadreaderapp.com/thread/1566427754450395137.html</a>

100 Web3 Startups (by @mishadavinci)

BlackRock to Offer Crypto for Institutional Investors Through Coinbase Prime

<a target="_blank" rel="noopener noreferrer nofollow" href="https://app.santiment.net/charts?settings=%7B%22slug%22%3A%22ethereum%22%2C%22ticker%22%3A%22ETH%22%2C%22from%22%3A%222021-07-27T07%3A00%3A00.000Z%22%2C%22to%22%3A%222022-07-28T06%3A59%3A59.999Z%22%7D&amp;widgets=%5B%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22price_usd%22%2C%22daily_active_addresses%22%5D%2C%22wax%22%3A%5B0%2C1%5D%2C%22wc%22%3A%5B%22%2326C953%22%2C%22%23FFAD4D%22%5D%2C%22ws%22%3A%7B%220%22%3A%7B%22interval%22%3A%221h%22%2C%22node%22%3A%22area%22%7D%7D%7D%5D">https://app.santiment.net/charts?settings=%7B%22slug%22%3A%22ethereum%22%2C%22ticker%22%3A%22ETH%22%2C%22from%22%3A%222021-07-27T07%3A00%3A00.000Z%22%2C%22to%22%3A%222022-07-28T06%3A59%3A59.999Z%22%7D&amp;widgets=%5B%7B%22widget%22%3A%22ChartWidget%22%2C%22wm%22%3A%5B%22price_usd%22%2C%22daily_active_addresses%22%5D%2C%22wax%22%3A%5B0%2C1%5D%2C%22wc%22%3A%5B%22%2326C953%22%2C%22%23FFAD4D%22%5D%2C%22ws%22%3A%7B%220%22%3A%7B%22interval%22%3A%221h%22%2C%22node%22%3A%22area%22%7D%7D%7D%5D</a>

Ethereum Daily Active Addresses Briefly Spiked to All-Time High of 1.06M During FOMC Meeting

Cathie Wood’s ARK Invest sells $75M worth of Coinbase shares due to poor performance

BlockFi Pauses Withdrawals

Binance Walks Away From Deal to Acquire FTX

Binance to acquire FTX

Jack Dorsey unveils decentralized social with algo choice and portable accounts

Japan to Invest in Metaverse and NFT Expansion

"Some of the biggest EVM-based DeFi platforms — including Aave and Uniswap, as well as Web3 social platform Lens and gaming studio Midnight Society — will be amongst the first protocols to deploy on the zkEVM Testnet, with more joining soon.To get started, check out the <a target="_blank" rel="noopener noreferrer nofollow" href="https://wiki.polygon.technology/docs/zkEVM/overview">documentation</a> and start building on the testnet today, and read on for all the details."

Polygon zkEVM Public Testnet Launched

Aztec Introduces Noir, Rust-based DSL for Zero Knowledge Proofs

<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.coindesk.com/business/2022/10/06/binance-linked-bnb-price-falls-close-to-4-on-hack-rumors/">https://www.coindesk.com/business/2022/10/06/binance-linked-bnb-price-falls-close-to-4-on-hack-rumors/</a>Transaction: <a target="_blank" rel="noopener noreferrer nofollow" href="https://bscscan.com/tx/0xebf83628ba893d35b496121fb8201666b8e09f3cbadf0e269162baa72efe3b8b">https://bscscan.com/tx/0xebf83628ba893d35b496121fb8201666b8e09f3cbadf0e269162baa72efe3b8b</a>Wallet of potential hacker: <a target="_blank" rel="noopener noreferrer nofollow" href="https://bscscan.com/address/0x489a8756c18c0b8b24ec2a2b9ff3d4d447f79bec">https://bscscan.com/address/0x489a8756c18c0b8b24ec2a2b9ff3d4d447f79bec</a>One of the largest hacks of all time, if not the largest.CZ update: <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/cz_binance/status/1578171072067031042">https://twitter.com/cz_binance/status/1578171072067031042</a> "the current impact estimate is around $100m USD equvilent"

Crypto

t/crypto