Top crypto tweets of the day – May 22nd

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• Alameda Research’s continued battle with Grayscale investments

  TL;DR Breakdown Alameda Research challenges Grayscale over fee structures and redemption bans, alleging a 90% devaluation of their shares. Grayscale’s recent court victory against the SEC might make the crypto firm’s redemption requests moot if GBTC converts to an ETF. Description The ongoing legal tussle between Alameda Research and Grayscale Investments has taken another twist. Alameda Research, founded by Sam Bankman-Fried and a debtor affiliate of cryptocurrency exchange FTX, recently amended its complaint against the crypto titan, Grayscale. Last Friday, Alameda, despite previously expressing intentions to add co-plaintiffs, remained as the sole plaintiff in the updated … Read more The ongoing legal tussle between Alameda Research and Grayscale Investments has taken another twist. Alameda Research, founded by Sam Bankman-Fried and a debtor affiliate of cryptocurrency exchange FTX, recently amended its complaint against the crypto titan, Grayscale. Last Friday, Alameda, despite previously expressing intentions to add co-plaintiffs, remained as the sole plaintiff in the updated filing. The amendment was a result of the firm’s inability to secure the desired number of co-plaintiffs for its case against Grayscale. It should be noted…

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• Top crypto tweets of the day – June 13th

  Contents hide 1 The judge in the SEC/Binance matter just issued a new order, trying to broker a compromise 2 US dollar dominance at risk 3 Jack Dorsey believes technology like Nostr and Bitcoin is the most important way to protect freedom 4 Bitcoin balances on exchange deplete 5 Apple threatens to remove “Damus” from App Store 6 Adoption to skyrocket if crypto survives the regulatory storm 7 The Bank of China has just issued tokenised securities on Ethereum 8 Polygon announces version 2.0 9 eToro delists MATIC and other tokens flagged as securities by the SEC 10 Vitalik Buterin was exposed for engaging with the SEC before Hinman’s speech 11 Coinbase invited to apply for a licence in Hong Kong 12 Website inscribed on Bitcoin 13 Atomic Wallet hackers deposit $40k in null contracts The judge in the SEC/Binance matter just issued a new order, trying to broker a compromise SEC/Binance Newsflash The Judge in the SEC/Binance matter just issued a new order, clearly trying to broker a compromise with a temporary consent decree pertaining to Binance-related assets in…

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• That US recession is coming and this is why

  TL;DR Breakdown Economist Steve Hanke warns of a looming US recession due to monetary supply contraction. Despite the Fed’s focus on interest rates, Hanke argues the reduction in money supply is a critical concern. Predicted economic downturn is tied to monetary supply contractions, could happen within 6-18 months. Description The ominous shadow of a potential recession looms over the United States. Despite economic indicators demonstrating resilience, underlying factors suggest a forthcoming recession could be inevitable. The complexities surrounding the Federal Reserve’s decisions, the state of the monetary supply, and market trends point towards an impending economic contraction. Monetary supply and the Fed’s role Internationally … Read more The ominous shadow of a potential recession looms over the United States. Despite economic indicators demonstrating resilience, underlying factors suggest a forthcoming recession could be inevitable. The complexities surrounding the Federal Reserve’s decisions, the state of the monetary supply, and market trends point towards an impending economic contraction. Monetary supply and the Fed’s role Internationally recognized economist, Steve Hanke, recently shared his insights on this unfolding narrative. Amid the Fed’s decision to hold…

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• Base unleashes noncustodial liquidity markets with Aave v3 fork

  TL;DR Breakdown Base launches non-custodial liquidity markets on its layer-2 network. This move is backed by major names like Seashell, RNG Labs, and Loreum Labs, among others. The initiative has birthed the Seamless Protocol, a version of Aave v3. Description In an audacious move, Base, the layer-2 network, is stepping into the future by launching non-custodial liquidity markets. This launch signifies a pivotal turn in decentralized finance, bringing with it a blend of innovation and automation. It offers a new way to use trustless smart contracts, which will enable the seamless connection of liquidity pools … Read more In an audacious move, Base, the layer-2 network, is stepping into the future by launching non-custodial liquidity markets. This launch signifies a pivotal turn in decentralized finance, bringing with it a blend of innovation and automation. It offers a new way to use trustless smart contracts, which will enable the seamless connection of liquidity pools with their borrowing counterparts. The Powerhouses Behind the Revolution Joining hands for this ground-breaking initiative are big names like Seashell, RNG Labs, and Loreum Labs. Additionally, the…

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• Unpacking SpaceX Bitcoin 2021-2022 sales worth $373M

  TL;DR Breakdown Elon Musk disclosed SpaceX’s Bitcoin holdings in 2021 following an SEC filing revealing Tesla’s intention to acquire $1.5 billion worth of the crypto. Crypto scams with detailed attention to SpaceX and Elon Musk surge flooding the crypto markets – Be weary. Elon Musk takes a keen look at Vitalik Buterin’s detailed tech report on “Community Notes.” Buterin endorsed X’s “Community Notes” feature emphasizing its relevance and relationship to “crypto values.” Description SpaceX reportedly sold Bitcoin worth approximately $373 million that it acquired beginning in 2021. According to a Wall Street Journal report published on August 17, SpaceX recorded Bitcoin holdings worth $373 million on its balance sheet in 2021 and 2022 but has since sold the cryptocurrency.  According to documents viewed by the news organization, the … Read more SpaceX reportedly sold Bitcoin worth approximately $373 million that it acquired beginning in 2021. According to a Wall Street Journal report published on August 17, SpaceX recorded Bitcoin holdings worth $373 million on its balance sheet in 2021 and 2022 but has since sold the cryptocurrency.  According to documents…

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