Best Twitter threads of the day – May 22nd

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• Nasdaq introduces groundbreaking AI-powered order type with SEC’s green light

  TL;DR Breakdown Nasdaq unveils the Dynamic M-ELO, the first AI-powered order type, enhancing trade efficiency and execution quality with SEC’s endorsement. Beyond order types, Nasdaq’s AI ventures, like the Strike Price Optimization Program, highlight a broader trend of technology-driven transformations in the financial sector. Description In a significant move towards modernizing the stock exchange landscape, Nasdaq has unveiled its latest innovation: the Dynamic Midpoint Extended Life Order (M-ELO). This revolutionary order type, powered by Artificial Intelligence (AI), has received the stamp of approval from the Securities and Exchange Commission (SEC). This development underscores Nasdaq’s dedication to leveraging cutting-edge technologies to … Read more In a significant move towards modernizing the stock exchange landscape, Nasdaq has unveiled its latest innovation: the Dynamic Midpoint Extended Life Order (M-ELO). This revolutionary order type, powered by Artificial Intelligence (AI), has received the stamp of approval from the Securities and Exchange Commission (SEC). This development underscores Nasdaq’s dedication to leveraging cutting-edge technologies to enhance the efficiency and performance of its exchange. Contents hide 1 The advent of dynamic M-ELO: A game-changer in stock exchange 2…

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• A closer look at the Arnaults’ succession: Will LVMH be under pro-crypto leadership?

  TL;DR Breakdown A crypto and fashion shift is coming to LVMH, run by Bernard Arnault, as he considers which of his children will run the conglomerate that controls 75 top brands such as Louis Vuitton, TAG Heuer, and Dior. The succession decision could be pivotal in the crypto industry and would promote the future of blockchain technology and digital assets. Arnault’s sons Alexandre and Frederic have played a huge role in convincing the 74-year-old tycoon to adopt the emerging digital markets.  Description The second richest man on Earth, Bernard Arnault, the CEO of the LVMH conglomerate controlling 75 top brands such as Louis Vuitton, TAG Heuer, and Dior, is currently contemplating on which of his children will take over the $400 billion business empire. The 74-year-old CEO has recently raised the business retirement age to 80 years, … Read more The second richest man on Earth, Bernard Arnault, the CEO of the LVMH conglomerate controlling 75 top brands such as Louis Vuitton, TAG Heuer, and Dior, is currently contemplating on which of his children will take over the $400 billion…

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• Binance Labs invests $5M in CRV, supports Curve BNB Chain deployment

  TL;DR Breakdown Binance Labs has pledged a substantial investment of $5 million into the Curve DAO Token (CRV). CRV experiences a 4.8% increase, reaching 64 cents, before stabilizing at 61 cents. Description Binance Labs, the venture capital division of the world’s largest cryptocurrency exchange regarding trading volume, has recently pledged a substantial investment of $5 million into the Curve DAO Token (CRV). As part of this joint effort, Curve is actively considering extending its presence onto Binance‘s BNB Chain, as conveyed in Binance’s official blog post. Binance … Read more Binance Labs, the venture capital division of the world’s largest cryptocurrency exchange regarding trading volume, has recently pledged a substantial investment of $5 million into the Curve DAO Token (CRV). As part of this joint effort, Curve is actively considering extending its presence onto Binance‘s BNB Chain, as conveyed in Binance’s official blog post. Binance invests in CRV Curve serves as both a stableswap platform and a decentralized exchange, boasting a substantial total value locked (TVL) of approximately $2.4 billion, according to insights from DefiLlama. Notably, Curve recently sent the…

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• Arbitrum’s layer 3 advancements outshine competitors in the blockchain scalability race

  TL;DR Breakdown Arbitrum solidifies its position as the leading Layer 2 scaling solution for Ethereum, outpacing competitors like Polygon and BNBChain. The launch of Arbitrum Orbit empowers developers working on Layer 3 crypto chains, extending Arbitrum’s reach and influence in the market. Layer 3 networks offer even greater scalability and cost reduction by employing a third chain for offloading complex operations. Description Arbitrum, the leading Layer 2 scaling solution for Ethereum, has reaffirmed its dominance in the market with the launch of Arbitrum Orbit, an innovative tool aimed at empowering Layer 3 networks. Notably, rivals Polygon and BNBChain have also made strides by introducing zero-knowledge rollups. With regular developmental enhancements, Arbitrum solidifies its position as the go-to … Read more Arbitrum, the leading Layer 2 scaling solution for Ethereum, has reaffirmed its dominance in the market with the launch of Arbitrum Orbit, an innovative tool aimed at empowering Layer 3 networks. Notably, rivals Polygon and BNBChain have also made strides by introducing zero-knowledge rollups. With regular developmental enhancements, Arbitrum solidifies its position as the go-to scaling solution for Ethereum, outpacing…

  Article 2023年6月24日

• Tech giants notify EU of compliance with digital antitrust rules

  TL;DR Breakdown Tech giants, including Amazon, Apple, Google, Microsoft, and others, have notified the EU of their compliance with digital antitrust rules. The EU’s regulations aim to curb the dominance of gatekeeper platforms and promote fair competition. Companies designated as gatekeepers will face obligations such as restrictions on pre-installing certain apps and favoring their own services, and they must allow third-party payment systems and alternative app downloads. Description  Several prominent tech companies, including Amazon.com Inc., Apple Inc., Google’s parent company Alphabet Inc., and Microsoft Corp., have officially informed the European Union (EU) that they meet the requirements to be subjected to the bloc’s digital antitrust regulations. This announcement is expected to have far-reaching implications for how these industry leaders operate within the EU. … Read more  Several prominent tech companies, including Amazon.com Inc., Apple Inc., Google’s parent company Alphabet Inc., and Microsoft Corp., have officially informed the European Union (EU) that they meet the requirements to be subjected to the bloc’s digital antitrust regulations. This announcement is expected to have far-reaching implications for how these industry leaders operate within the…

  Article 2023年7月6日