Best Twitter threads of the day – May 16th

Related articles

• Terraform Labs co-founder Do Kwon walks free as court dismisses prosecution’s appeal, granting bail

  TL;DR Breakdown Montenegro has released Terraform Labs co-founder Do Kwon on bail. On June 2, the Podgorica district court rejected prosecutors’ appeals. Do Kwon and Terraform Labs’ chief finance officer Han Chang-Joon are on stringent bail and cannot leave the latter’s Montenegrin apartment. Do Kwon, the well-known entrepreneur and blockchain advocate, has been released on bail once again after the court unexpectedly rejected the prosecution’s petition. This ruling concludes a court struggle that has captured the public’s interest and prompted discussion about the bounds of individual liberty and the potential of technological advancement. A Montenegrin court grants Tera, founder, Do Kwon’s bail According to a press release from the Basic Court in Podgorica, Kwon, and Terraform Labs’ chief financial officer, Han Chang-Joon, were allowed to remain in the country under house arrest pending the outcome of their appeal against an earlier bail agreement filed by the State Prosecutor’s Office. In a hearing on May 12, bail was set at 400,000 euros ($436,000), and the court reaffirmed that amount in a hearing today. The bail conditions for Kwon and Chang-Joon now…

  Article 2023年6月10日

• British Museum partners with The Sandbox to create digital collectibles

  TL;DR Breakdown The British Museum has joined forces with The Sandbox to float its NFT collection. The intersection of art and blockchain in the museum landscape. Description The British Museum, a venerable cultural institution in London, is venturing into the world of Non-Fungible Tokens (NFTs) through a partnership with the Ethereum-based metaverse game, The Sandbox. Collaborating with French startup LaCollection, the museum aims to develop a range of NFT digital collectibles that will showcase the breadth and depth of its extensive collections … Read more The British Museum, a venerable cultural institution in London, is venturing into the world of Non-Fungible Tokens (NFTs) through a partnership with the Ethereum-based metaverse game, The Sandbox. Collaborating with French startup LaCollection, the museum aims to develop a range of NFT digital collectibles that will showcase the breadth and depth of its extensive collections while offering new immersive experiences to users. The British Museum recognizes the potential of Web3 technology The collaboration marks a significant step for The British Museum, which was founded in 1753 and stands as the world’s first national public museum….

  Article 2023年7月29日

• Carbon Registry: Carbonbase joins forces with HBAR and ImpactX for digital solution

  TL;DR Breakdown Carbonbase has partnered with the HBAR Foundation and ImpactX to launch the Global Climate Registry (GCR), marking the debut of Asia’s first digital native Carbon Registry. The GCR initiative is set to accelerate the digitization of the measurement, reporting, and verification (dMRV) process in the carbon credit market. Description Carbonbase, a leading climate-tech and carbon reduction solutions provider, has announced a groundbreaking partnership with the HBAR Foundation and ImpactX to launch the Global Climate Registry (GCR). This initiative marks the debut of Asia’s first digital native Carbon Registry.  The Asia-Pacific region, responsible for over half of the world’s carbon dioxide emissions in 2022, has … Read more Carbonbase, a leading climate-tech and carbon reduction solutions provider, has announced a groundbreaking partnership with the HBAR Foundation and ImpactX to launch the Global Climate Registry (GCR). This initiative marks the debut of Asia’s first digital native Carbon Registry.  The Asia-Pacific region, responsible for over half of the world’s carbon dioxide emissions in 2022, has long been in need of a localized carbon registry to facilitate efficient emissions reduction projects. GCR…

  Article 2023年8月29日

• Iran says BRICS currency will weaken US dollar

  TL;DR Breakdown An Iranian official believes a gold-backed BRICS currency will weaken the US dollar’s dominance. The BRICS currency is speculated to disrupt global trade and investor portfolios. The BRICS Summit in August could potentially unveil this currency. Despite anticipation, no official announcement or implementation timeline has been made. Description The recent claim by an Iranian official that a gold-backed BRICS currency would weaken the dominance of the US dollar in global finance resonates like a clarion call to the international economy. This audacious prediction, coupled with the potential benefits for nations like Iran, sets an intriguing stage for the imminent leaders’ summit of the … Read more The recent claim by an Iranian official that a gold-backed BRICS currency would weaken the dominance of the US dollar in global finance resonates like a clarion call to the international economy. This audacious prediction, coupled with the potential benefits for nations like Iran, sets an intriguing stage for the imminent leaders’ summit of the BRICS (Brazil, Russia, India, China, and South Africa) scheduled for August. As the world waits with bated…

  Article 2023年7月11日

• FTX Australia’s financial license canceled

  TL;DR Breakdown The financial regulatory authority of Australia has taken a significant step by revoking the financial license of FTX Australia. Despite the license being revoked, FTX Australia will be allowed to offer limited financial services to its clients until July 12 next year as they finalize their dealings with their customer base. Despite its troubled past, there is speculation that the exchange may not entirely disappear from the market.  Description The financial regulatory authority of Australia has taken a significant step by revoking the financial license of FTX Australia, a crypto exchange that had already filed for bankruptcy. On July 19, the Australian Securities and Investments Commission (ASIC) made the official announcement regarding the cancellation, which had been in effect since July 14. However, despite … Read more The financial regulatory authority of Australia has taken a significant step by revoking the financial license of FTX Australia, a crypto exchange that had already filed for bankruptcy. On July 19, the Australian Securities and Investments Commission (ASIC) made the official announcement regarding the cancellation, which had been in effect since…

  Article 2023年7月19日