Best crypto memes of the day – June 2nd

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• Will Bitcoin hit $100k before the 2024 halving?

  TL;DR Breakdown The price of Bitcoin sits at $29,334 with a $571 billion market cap, representing a Bitcoin dominance of 46.95%. As crypto enthusiasts await the next bull run, a market analyst summarizes that  Bitcoin will not hit close to $100,000 before the next halving. Other market analysts share a different opinion, as they expect a bull run in October leading up to April 2024. Description Jesse Myers, a Bitcoin investor and author, believes that according to market analysts, Bitcoin won’t reach six figures until the block subsidy halving in 2024. Myers, the co-founder of Bitcoin investment firm Onramp, stated in an X (formerly Twitter) post on August 15 that the market would only “price in” the halving after the fact. … Read more Jesse Myers, a Bitcoin investor and author, believes that according to market analysts, Bitcoin won’t reach six figures until the block subsidy halving in 2024. Myers, the co-founder of Bitcoin investment firm Onramp, stated in an X (formerly Twitter) post on August 15 that the market would only “price in” the halving after the fact. Bitcoin…

  Article 2023年8月16日

• Binance sparks outrage with Morocco crypto donations

  TL;DR Breakdown Binance faces criticism for donating cryptocurrency to Moroccan earthquake victims. Donation primarily targeted existing Binance customers, sidelining many actual victims. Humanitarian experts label the move as a PR stunt, questioning its genuine intent. Description Binance, the crypto giant, recently ignited a firestorm of criticism for its choice to donate in-house cryptocurrency to Moroccan earthquake victims. As if navigating the aftermath of a deadly quake wasn’t challenging enough, this donation move has been largely viewed as a self-serving PR stunt, doing more to boost Binance‘s image than to help those … Read more Binance, the crypto giant, recently ignited a firestorm of criticism for its choice to donate in-house cryptocurrency to Moroccan earthquake victims. As if navigating the aftermath of a deadly quake wasn’t challenging enough, this donation move has been largely viewed as a self-serving PR stunt, doing more to boost Binance‘s image than to help those genuinely in need. Genuine Aid or Image Boosting? Following the devastating Moroccan earthquake, Binance announced a donation of up to $100 in its BNB tokens to approximately 70,000 of its existing…

  Article 2023年9月16日

• Singapore Bank DBS launches innovative e-CNY payment solution for customers

  TL;DR Breakdown DBS enables customers to accept e-CNY payments, boosting cross-border commerce efficiency. Project Guardian tests asset tokenization and DeFi in collaboration with renowned platforms. DBS partners with Marketnode and other institutions, solidifying Singapore’s leadership. Description DBS, the renowned Singaporean bank, announced today a groundbreaking development that allows its customers to accept payments in e-CNY, the digital currency issued by the Chinese central bank. In a major step forward, DBS has established a seamless system through which e-CNY can be directly settled into a company’s bank account, leveraging automated processes for … Read more DBS, the renowned Singaporean bank, announced today a groundbreaking development that allows its customers to accept payments in e-CNY, the digital currency issued by the Chinese central bank. In a major step forward, DBS has established a seamless system through which e-CNY can be directly settled into a company’s bank account, leveraging automated processes for efficiency and convenience. Remarkably, one of DBS’s customers has already completed a purchase using this innovative solution. This significant milestone stems from DBS’s collaboration with the Monetary Authority of Singapore on…

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• DOJ accuses SBF of leaking ex-Alameda CEO’s private diary

  TL;DR Breakdown The United States DOJ has accused ex-FTX CEO of leaking the private diary of the former Alameda Research CEO. Multi-million dollar lawsuit reveals serious allegations against FTX executives. Description The U.S. Department of Justice (DOJ) has raised serious allegations against Sam Bankman-Fried, the former CEO of FTX, accusing him of leaking the private diary of ex-Alameda Research CEO, Caroline Ellison, to the New York Times. The leak resulted in the publication of Ellison’s musings, prompting the DOJ to seek a ban on all out-of-court … Read more The U.S. Department of Justice (DOJ) has raised serious allegations against Sam Bankman-Fried, the former CEO of FTX, accusing him of leaking the private diary of ex-Alameda Research CEO, Caroline Ellison, to the New York Times. The leak resulted in the publication of Ellison’s musings, prompting the DOJ to seek a ban on all out-of-court statements made by witnesses and other parties involved in the case. DOJ claims the move is against the US law In their court filings, the U.S. Attorneys emphasized the significance of Rule 23.1(a), which strictly forbids…

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• Ramp Expands On-Ramp Service, Enabling Crypto Transactions with 40 New Fiat Currencies

  TL;DR Breakdown Ramp expands its platform compatibility, supporting 40 new fiat currencies, including the Bermudian dollar, Costa Rican colón, Hungarian forint, Mexican peso, Singapore dollar, and Swiss franc. The expansion empowers users in 150 countries to seamlessly transact between digital currencies and traditional currencies, promoting global crypto adoption and accessibility. Description Ramp, a leading financial technology company specializing in crypto infrastructure, has recently announced a significant expansion of its platform’s compatibility by adding support for 40 new fiat currencies. This move aims to simplify cross-border transactions and enable users to seamlessly transact with both digital and traditional currencies while benefiting from favorable conversion rates. The expansion … Read more Ramp, a leading financial technology company specializing in crypto infrastructure, has recently announced a significant expansion of its platform’s compatibility by adding support for 40 new fiat currencies. This move aims to simplify cross-border transactions and enable users to seamlessly transact with both digital and traditional currencies while benefiting from favorable conversion rates. The expansion is set to empower individuals across 150 countries, facilitating the conversion between cryptocurrencies and 43 fiat…

  Article 2023年6月24日