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Hey, welcome to today's Crypdonuts newsletter. If you haven't yet already, follow us on Twitter for daily updates and insights.

We’re proud to reveal our Level 2 and 3 NFTs! Aren’t they amazing? If you have 10 or more referrals, view your rewards now.

Top news today:

• SBF is finally going to jail

• Buy shares of your friends

• Turn your attention to altcoins

📈 MARKETS: PAST WEEK

• Bitcoin and ether are both in their comfortable zone they were chilling in for the last few weeks. If you want to know what other investment options are out there, keep reading 👇!

DONUT HOLES

Hole lotta news…

• SBF is finally going to jail, his bail revoked by witness tampering

• ARK’s Bitcoin ETF decision was delayed by the SEC, next due date Nov. 11

• Whales holding $11.4M in bitcoin wake up after years of dormancy

• Elon Musk v. Mark Zuckerberg fight called off

• TrueUSD: $3B stablecoin with anonymous controllers

DAPPS

Buy shares of your friends

Remember when everyone went crazy over Clubhouse's invite-only strategy? Meet its cooler, crypto-twin: friend.tech.

In an unexpected turn of events, friend.tech has surpassed OpenSea in daily transactions with 4,400 ETH ($8M+).

But don't let its intriguing slogan "The marketplace for your friends" lead you astray. Let's delve into what friend.tech really offers and its implications.

🤖 So, what's the hype?
Launching on the Base blockchain, Friend.tech adopts an exclusive invite-only approach, reminiscent of Clubhouse's early strategy.

But here's the twist: it's focused on tokenizing well-known crypto personalities. By purchasing shares of these figures, users gain access to private conversations with them.

💹 Stonks or people?
Just like trading Apple or Tesla stocks, these "people shares" have prices that swing with demand. Spot the next Elon of the crypto world, buy low, and you can watch your investment skyrocket.

🐦 Twitter's new obsession
What's more, its unique offering has set Crypto Twitter abuzz. The platform's allure for crypto influencers, allowing them to monetize interactions with followers, has undoubtedly added fuel to the fire.

🚫 But... pause for thought
As with any new venture in the crypto space, it's crucial to exercise due diligence. Several concerns surrounding friend.tech have emerged:

• The value of a private chat access remains questionable—what if the influencer’s too busy to ever reply?

• The absence of foundational documents like roadmaps and whitepapers

• Users have pointed out technical glitches and delays within the app

• Data privacy remains ambiguous with a "Coming soon!" tag on its privacy policy

⚠️ Tread carefully
Should you decide to explore friend.tech, it's advisable to prioritize security. Use a discrete email not associated with other critical accounts and ensure to use a fresh wallet funded from a CEX.

In conclusion, while friend.tech is undoubtedly creating waves, it's essential to navigate its waters with caution and informed decision-making.

ALTCOINS

Turn your attention to altcoins

Since bitcoin has been as boring as watching paint dry, why don’t we pay attention to altcoins? To help decide what altcoins you can add to your portfolio, we have a guide for you: copying what big venture capitals are doing.

VC players like Coinbase Ventures, a16z, Binance Labs, and Paradigm unveil profound insights regarding the imminent focal altcoin sectors during the upcoming bull market.

Here’s what they’re investing their money on:

• Coinbase Ventures: staking, blockchain exploration, and liquid staking.

• a16z: music NFTs, wallets, and gaming.

• Binance Labs: stablecoins and rollup tech.

• Paradigm : MEV and security.

According to the big players altcoins in staking, music NFTs, wallets, gaming, rollups, MEV, or stablecoins might be the ones to watch!

Explore further using Coingecko's categories for specific altcoin sectors.

🐦 TWEET OF THE WEEK

💰 REWARD QUIZ

Quiz yourself, earn rewards

Did you learn something new today? Let’s see if you were paying attention. Buckle up for a 20-second quiz—we might just have a little treat for ya—just for trying!

Afraid of getting questions wrong?

Yes, the shiny 100 points are awesome, but remember, it's about getting your hands dirty and giving it a go. If you get something wrong? They stick in your memory longer, which means you learn more.

So, hop on board with the rest of our brave quiz-takers. Remember, it's ok to score a zero!

Alright, that's a wrap for now. If you made it to here, let us know by voting below👇.

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