Snippings

xxx

Onboard all of your users with a beautiful Connect Wallet modal, flexible sign-in options for web2 & web3, and powerful hooks for full customizability.

From: Web3 Onboarding, For Everyone | Connect | thirdweb.

xxx

xxx

Following its reccent integration with Stripe, TrueLayer’s new A2A payments app has nowgone live in the Shopify App Store, allowing UK and EU merchants to add open banking payments to their checkout.

From: TrueLayer brings open banking payments to Shopify.

xxx

xxx

In the U.S., the only realistic way to issue digital IDs to most adults across the country without taking decades is through mobile driver’s licenses.

From: Bridging America’s digital identity gap with mobile driver’s licenses | Biometric Update.

xxx

xxx

The estimates of how much fraud was carried out against American taxpayers during the pandemic continue to increase, with the recent report from the FinCEN Identity Project that at least $100 billion, or 11 to 15 percent of the total unemployment insurance benefits paid out, were fraudulent.

From: Bridging America’s digital identity gap with mobile driver’s licenses | Biometric Update.

xxx

xxx

Meta has unveiled a feature that enables Facebook and Instagram users to connect their accounts with Amazon for a seamless shopping experience.

This move aims to keep users within the apps while making purchases on Amazon, eliminating the need to navigate away from their feeds, CNBC reported Thursday (Nov. 9).

Reached by PYMNTS, an Amazon spokesperson provided an emailed statement: “For the first time, customers will be able to shop Amazon’s Facebook and Instagram ads and check out with Amazon without leaving the social media apps. Customers in the U.S. will see real-time pricing, Prime eligibility, delivery estimates and product details on select Amazon product ads in Facebook and Instagram as part of the new experience. In-app shopping with Amazon is available for select products advertised on Facebook or Instagram and sold by Amazon or by independent sellers in Amazon’s store.”

From: Meta Enables Amazon Shopping Within Facebook and Instagram.

xxx

xxx

To those closely watching the firm, Humane appears well positioned to secure a foothold in the budding market for AI devices. It has raised over $240 million from Microsoft, Tiger Global Management and Marc Benioff’s Time Ventures. It was founded by two well-regarded former Apple executives, Imran Chaudhri and Bethany Bongiorno, who assembled an all-star team of several dozen former Apple designers, engineers and executives. And it has already mustered a buzzy marketing campaign that’s taken the Ai Pin to the TED Talks stage and the runways of Paris Fashion Week, where it adorned the lapel of supermodel Naomi Campbell.

The co-founders’ ambitious vision for a future of “ambient computing” aims to free humankind from our addiction to screens, allowing us to become more fully engaged with the physical world around us. If widely adopted, Humane’s technology could also disrupt the advertising-driven attention economy that has come to define the big tech ecosystem.

But as expectations for Humane and its Ai Pin mount, some close to the company have expressed nagging doubts about Humane’s debut product and its overall business strategy. In conversations with former employees, current investors and industry observers, questions arose about the company’s approach to user privacy and the form factor of the Ai Pin itself. In particular, some worry that the device’s front-facing camera will alienate segments of the public who fear being recorded against their will.

From: Has Humane Created the Next iPhone—or the Next Google Glass? — The Information.

xxx

The alternative they’ll present at next month’s Ai Pin launch is a small, screenless device about the size of a saltine cracker, equipped with a camera, a microphone and speaker, a variety of sensors, and a laser projector. The device is meant to secure magnetically to a user’s clothing, allowing its camera, with a 180-degree field of view, to take in the world around the wearer.

xxx

While we are just beginning to see vendors like Socure and Trulioo using inorganic and organic growth to create IIPs, we are moving to a platform phase where we will see market consolidation.

According to Liminal, estimates point to a total addressable market (TAM) of $48.1 billion in 2023, projected to rise at a compound annual growth rate (CAGR) of 24.6% and reach $115.9 billion by 2027.

From: The Evolution Of Integrated Identity Platforms.

xxx

xxx

The ‘Holy Grail of shipwrecks’ containing up to 200 tons of gold, silver and emeralds could be floating on the Caribbean within months after Colombia declared a national mission to recover the treasure.

The Spanish galleon San Jose sank off the Colombian port of Cartagena after its powder magazines detonated during a skirmish with the British in 1708. On board were treasures worth up to $20 billion in today’s money along with 600 sailors, all but 11 of whom went down with the ship.

From: San Jose shipwreck to dubbed ‘the Holy Grail’ to be exhumed off Colombia with $20 billion sunken treasure | Daily Mail Online.

xxx

xxx

Often the participants used a token system, where they would send one another the serial number of a specific bank note beforehand, and then flash that note on arrival to verify they have met with the right person, a common tactic in money laundering circles.

From: Inside a $30 Million Cash-for-Bitcoin Laundering Ring in the Heart of New York.

Well, you live and learn. Try as I might I remain as stranger money laundering circles so I havd never of thei IRL (in real life) security protocol but it is indeed brilliant in its simplicity.

xxx

All of this data suggests to me the existence of three American crypto archetypes.

The most dominant crypto archetype is the young wealthy male crypto dabbler, most likely non-white, who holds a few hundred bucks worth of doge or some other coin in order to gamble on prices going up. Coinbase’s America Loves Crypto campaign makes the claim that “the crypto owner is a critical voter,” but I suspect this doesn’t hold for the dominant dabbler archetype, who probably doesn’t have much attachment to their casual $50 bet on doge or litecoin or bitcoin, and thus can’t be assembled into a voting block for crypto-related cause.

Another archetype is the much rarer crypto fundamentalist, a young male who has committed most of his savings to crypto. I suspect these are the types I encounter on Twitter, who evangelize and debate crypto to anyone who’ll listen. This may be a small group, but they are also the most likely to vote for crypto-related causes.

Lastly, there seems to be a very small group of low-income people who are using crypto for actual transactions, the original use-case that Satoshi Nakamoto intended when he introduced the first cryptocurrency back in 2008.

From: Moneyness: Crypto adoption in America.

xxx