Best Twitter threads of the day – May 22nd

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• Best Twitter threads of the day – August 3rd

  Description Is it censorship for Uniswap to delist tokens? Lazarus Group links stolen funds from the Harmony, Atomic Wallet, and Coinspaid/Alphapo hacks together on-chain Hong Kong debuts retail Crypto trading with HashKey and OSL Is it censorship for Uniswap to delist tokens? A bunch of y’all didn’t like this tweet. “Censorship!!” “Centralization!” Let’s unpack… Uniswap is two things: 1) a web interface and 2) a decentralized protocol (the DEX) The interface is run by a centralized company in Brooklyn. The DEX is decentralized/permissionless 1/ https://t.co/XcYInWgEdz — Erik Voorhees (@ErikVoorhees) August 2, 2023 The centralized web interface has delisted multiple assets (most recently, HEX). The decentralized protocol, however, has not. You can still buy HEX on the protocol (but you shouldn’t because it’s retarded) Is it “censorship” for the central company to remove from web UI? 2/ — Erik Voorhees (@ErikVoorhees) August 2, 2023 I’d call it having standards. If I run a store, I’m not going to sell scam products. Indeed, when I ran ShapeShift, we delisted BSV because in our opinion, it was built on fraud (specifically, the fraudulent…

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• Germany’s economic resurgence: What lies ahead?

  Description Germany stands on the precipice of another economic metamorphosis. Not too long ago, the nation was dubbed the “sick man of Europe.” Yet, through sheer determination and meticulous reforms, it rose to the epitome of economic prowess. But as recent times have shown, this powerhouse is not impervious to economic doldrums. With Chancellor Olaf Scholz … Read more Germany stands on the precipice of another economic metamorphosis. Not too long ago, the nation was dubbed the “sick man of Europe.” Yet, through sheer determination and meticulous reforms, it rose to the epitome of economic prowess. But as recent times have shown, this powerhouse is not impervious to economic doldrums. With Chancellor Olaf Scholz unveiling a new growth blueprint, one can’t help but critically ask: Is this enough? Or is history destined to repeat itself? The Promises and Shortcomings of Scholz’s Plan As Germany’s economic performance wanes, echoing somber growth rates and falling behind its major rivals, Chancellor Scholz’s plan is a beacon of hope for many. Yet, a mere allocation of €8bn, accounting for just 0.2% of the nation’s…

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• HashKey exchange to debut retail crypto trading in Hong Kong on August 28

  TL;DR Breakdown HashKey Exchange is set to introduce crypto trading services for retail clients on August 28. The exchange will begin with trading in Bitcoin and ether, the two largest cryptocurrencies. HashKey is in talks with about five local brokerages in Hong Kong to integrate its crypto trading services on their platforms. Description HashKey Exchange, a leading cryptocurrency platform in Asia, is gearing up to launch crypto trading services for retail clients. This new venture is set to kick off on August 28, as confirmed by Livio Weng, the Chief Operating Officer of HashKey. During a candid interview with The Block, Weng highlighted that the exchange would initially … Read more HashKey Exchange, a leading cryptocurrency platform in Asia, is gearing up to launch crypto trading services for retail clients. This new venture is set to kick off on August 28, as confirmed by Livio Weng, the Chief Operating Officer of HashKey. During a candid interview with The Block, Weng highlighted that the exchange would initially focus on Bitcoin and ether trading. These two cryptocurrencies, the largest in circulation, are…

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• The Chinese yuan’s path to rival US dollar

  TL;DR Breakdown The Chinese yuan is aiming to compete with the U.S. dollar and the euro as a global currency, possibly by 2035. This requires a modern industrial system, deepened domestic financial markets, and a well-balanced institutional opening of China’s financial system with a solid risk control regime. Renmin University recommends more free-trade agreements and leveraging China’s digital transformation advantages. Description Fierce competition is set to color the world of international finance as the Chinese yuan aims to challenge the dominion of the U.S. dollar and euro. According to Chen Yulu, a prominent Chinese economist and former vice governor of the People’s Bank of China, this aspiration might become a reality by 2035 given the fulfillment … Read more Fierce competition is set to color the world of international finance as the Chinese yuan aims to challenge the dominion of the U.S. dollar and euro. According to Chen Yulu, a prominent Chinese economist and former vice governor of the People’s Bank of China, this aspiration might become a reality by 2035 given the fulfillment of certain conditions. The not-so-impossible path…

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• Brace yourself for massive losses – Crypto trends on dangerous waters

  TL;DR Breakdown The crypto market is in a free fall at the moment. Bitcoin is down 3% in the last 24 hours—having dropped to its lowest level in 3 months. The price slump is likely tied to the defunct crypto exchange FTX revealing the possible approval to liquidate $3.4B in Solana, BTC, ETH, and other digital assets. Arbitrum’s TVL has notably declined to $1.67B, marking its lowest level since mid-February, adding to the ongoing market pain. Description The crypto market is not doing well. And it may take on this sentiment for the whole week if not the whole month. As we navigate the volatile seas of the crypto market, it’s becoming increasingly clear that storm clouds are gathering on the horizon.  For both seasoned investors and newcomers alike, the tides have … Read more The crypto market is not doing well. And it may take on this sentiment for the whole week if not the whole month. As we navigate the volatile seas of the crypto market, it’s becoming increasingly clear that storm clouds are gathering on the horizon. …

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