Top crypto tweets of the day – May 18th

Related articles

• U.S. considers curbs on AI chip exports to China

  TL;DR Breakdown The U.S. government, under President Biden’s administration, is considering imposing new export restrictions on AI-specific chips to China. The changes could impact tech companies like Nvidia and Advanced Micro Devices (AMD) by making it harder for them to sell high-end chips to China. Despite previous restrictions, Chinese tech giants, including Tencent, Alibaba, Baidu, and ByteDance, have increased their orders for Nvidia chips due to a surge in AI in China. Description The technology realm could be shaken soon as the U.S. government, under the Biden administration, reportedly explores the option of restricting the export of AI-specific chips to China. This potential decision continues the trend of Washington tightening the reins on technology with possible military applications, emphasizing the tense relations between these global superpowers. A strengthened … Read more The technology realm could be shaken soon as the U.S. government, under the Biden administration, reportedly explores the option of restricting the export of AI-specific chips to China. This potential decision continues the trend of Washington tightening the reins on technology with possible military applications, emphasizing the tense relations…

  Article 2023年7月1日

• Crypto scams, hacks, and rug pulls drop dramatically in H1 2023

  TL;DR Breakdown According to a recent report by Beosin, a Web3 security firm, the total value of cryptocurrencies lost in scams, hacks, and rug pulls during the first half of 2023 amounted to $656 million.  The report highlights that approximately $215 million of stolen assets were actually recovered, which accounts for 45.5% of all the stolen assets. The report indicates that the majority of crypto lost in the first half of 2023 were coins and tokens minted on the Ethereum blockchain, accounting for 75.6% of the total losses. Description According to a recent report by Beosin, a Web3 security firm, the total value of cryptocurrencies lost in scams, hacks, and rug pulls during the first half of 2023 amounted to $656 million. This figure includes $471.43 million lost in 108 protocol attacks, $108 million in various phishing scams, and $75.87 million from 110 rug … Read more According to a recent report by Beosin, a Web3 security firm, the total value of cryptocurrencies lost in scams, hacks, and rug pulls during the first half of 2023 amounted to $656 million….

  Article 2023年7月3日

• Huobi’s Token burn strategy skyrockets user confidence in Huobi Token (HT)

  TL;DR Breakdown Huobi burns a record-breaking 298,940,224 HT tokens, boosting user confidence. Quarterly token burning contributes to a deflation rate of 0.9066% in HT circulation. Huobi transitions from monthly to quarterly burning cycles to enhance transparency. Description Hong Kong-based cryptocurrency exchange Huobi recently expressed gratitude to loyal users for their unwavering support and confidence in Huobi Token (HT). In a newly released report, Huobi highlighted significant developments, including a groundbreaking token burn in the second quarter of 2023. A remarkable 298,940,224 HT has been burnt by Huobi as of July 15th, 2023, … Read more Hong Kong-based cryptocurrency exchange Huobi recently expressed gratitude to loyal users for their unwavering support and confidence in Huobi Token (HT). In a newly released report, Huobi highlighted significant developments, including a groundbreaking token burn in the second quarter of 2023. A remarkable 298,940,224 HT has been burnt by Huobi as of July 15th, 2023, with 1,950,555 HT burned in Q2 2023 alone. This relentless token combustion strategy has contributed to a noteworthy quarterly deflation rate of 0.9066% in circulation. Presently, are 201,050,000 HT available,…

  Article 2023年7月17日

• Cardano price analysis: ADA recovers at $0.3632 after a bullish movement

  TL;DR Breakdown Cardano price analysis shows a bullish market sentiment. Resistance for ADA is present at $0.3633. Support for ADA is seen at the $0.3545 level.   Cardano price analysis shows a bullish trend forming, with the price of ADA breaking above the $0.3545 support zone and climbing up to a high of $0.3633 earlier today. ADA kicked off today’s trading session on a low note before steadily rising, reaching the $0.3632 mark.  ADA is now trading around the $0.3632 level and could suffer a few corrections if support fails to hold up at this level. Should sellers manage to bring down the price below the $0.3545 level, it would send ADA into a bearish trend. On the other hand, if buyers manage to sustain the current momentum, we could soon see ADA rising above the $0.3633 resistance level. Cryptocurrencies price heatmap, Source: Coin360 The overall market sentiment for the crypto market is still mostly bullish. Most of the major altcoins, including Cardano (ADA), are currently in a positive outlook as the crypto market recovers from its recent dip. Top…

  Article 2023年5月29日

• Crypto Twitter views on Google decline due to rate limit

  TL;DR Breakdown Crypto Twitter viewership on Google has dropped drastically following the enforcement of the new rate limit. The crypto community reacts as moves to alternative platforms begin. Description Twitter’s implementation of new rate limits has had a significant effect on the indexing and display of crypto Twitter’s tweets on Google’s search engine, resulting in a reduced reach of information shared on the microblogging site. Recent reports from Search Engine Land, an industry outlet focused on web search, reveal that Google Search has witnessed … Read more Twitter’s implementation of new rate limits has had a significant effect on the indexing and display of crypto Twitter’s tweets on Google’s search engine, resulting in a reduced reach of information shared on the microblogging site. Recent reports from Search Engine Land, an industry outlet focused on web search, reveal that Google Search has witnessed a sharp decline in the number of indexed URLs from Twitter over the past few days. On July 3, the number of indexed tweets dropped by over 60%, declining from 471 million to 180 million. Crypto Twitter suffers…

  Article 2023年7月7日