Top crypto tweets of the day – June 13th

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• Arbitrum Airdrop boosts On-Chain activity but fails to sustain new user growth

  TL;DR Breakdown Arbitrum airdrop indicates increased on-chain activity. Nansen’s data shows that transactions and daily users persisted at historically high levels even after the airdrop. The much-awaited Arbitrum airdrop, which aims to empower the community and decentralize the network, has increased on-chain activity, including transactions and daily users. Data shows a slow fall in the number of new wallets making their first transaction, despite the initial euphoria, indicating a struggle in maintaining new user growth. Arbitrum Airdrop drives On-Chain surge According to a report, an updated analysis from the on-chain analytics company Nansen describes what transpired with the Arbitrum network following its well-known airdrop event. The analytics firm examined how the airdrop affected the chain’s ecosystem, from maintaining the spike in users and transactions to a fall in new wallets making their first transaction.  The Arbitrum Foundation airdropped its brand-new token to qualified community members on March 23. The transition of the company into a decentralized autonomous organization (DAO), according to the company, was made possible by ARB tokens. have secured 6-figs of $ARB OTC at an avg. price of…

  Article 2023年6月17日

• Ankr, Matter Labs, and Microsoft Azure team up to propel Web3 development

  TL;DR Breakdown Ankr and Matter Labs are launching zkSync Era Nodes and Hyperchain solutions on the Microsoft Azure Marketplace to boost web3 development. The partnership will enable businesses to build custom Hyperchain blockchains and offer full engineering support from Ankr’s team. The collaboration plans to further web3 development by providing easy access to zkEVM technology via the Azure Marketplace. Description Ankr, the go-to Web3 developer hub, and Matter Labs, inventors of the zkSync Era, have announced their collaboration to boost the advancement of Web3 technology. Together, they will debut dedicated zkSync Era Nodes and Hyperchain blockchain solutions on the Microsoft Azure Marketplace. This partnership blends the specialized solutions of Ankr, the scalable network of zkSync … Read more Ankr, the go-to Web3 developer hub, and Matter Labs, inventors of the zkSync Era, have announced their collaboration to boost the advancement of Web3 technology. Together, they will debut dedicated zkSync Era Nodes and Hyperchain blockchain solutions on the Microsoft Azure Marketplace. This partnership blends the specialized solutions of Ankr, the scalable network of zkSync Era, and Microsoft’s robust cloud infrastructure, heralding…

  Article 2023年7月20日

• USD gains ground over euro – What are central banks doing?

  TL;DR Breakdown The USD is gaining strength over the euro due to favorable US economic data and central banks’ policies. Falling US input prices and slower hiring indicate potential progress by the Federal Reserve in managing inflation. Central bank meetings this week are anticipated to result in rate hikes in both Europe and the United States. Description In the captivating world of currency markets, the USD is currently strengthening its position against the euro, setting the stage for interesting shifts in monetary policies globally. The recent rise in the USD’s value is largely attributable to favorable economic data that paints a more promising picture of the US economy as compared to its … Read more In the captivating world of currency markets, the USD is currently strengthening its position against the euro, setting the stage for interesting shifts in monetary policies globally. The recent rise in the USD’s value is largely attributable to favorable economic data that paints a more promising picture of the US economy as compared to its European counterpart. Central banks responding to market dynamics The economic…

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• Is SEC Chairperson, Gary Gensler, resigning?

  TL;DR Breakdown Rumors have it that SEC’s chair Gary Gensler is set to resign due to the ongoing internal inquiry. The crypto community had reacted positively to the fake news of Gensler’s resignation. The crypto community is asking for general regulation change than only the removal of Gensler. Description On Sunday, a rumor arose in the crypto market about the likely resignation of US Securities and Exchange Commission (SEC) Chair Gary Gensler. According to reports from an anonymous official at the regulatory entity, the SEC Chair was poised to quit as a result of an internal agency inquiry.  Gary Gensler’s fake resignation news crush … Read more On Sunday, a rumor arose in the crypto market about the likely resignation of US Securities and Exchange Commission (SEC) Chair Gary Gensler. According to reports from an anonymous official at the regulatory entity, the SEC Chair was poised to quit as a result of an internal agency inquiry.  Gary Gensler’s fake resignation news crush the crypto community However, the SEC’s public relations (PR) team disputes rumors of Chairperson Gary Gensler’s resignation, putting…

  Article 2023年7月5日

• Goldman Sachs fires 125 managing directors

  TL;DR Breakdown Goldman Sachs is cutting around 125 managing director positions globally amid a deals slump. This downsizing is part of a broader cost-saving drive, with three rounds of job cuts happening within a year. The job reductions are happening amidst a faltering deal-making climate, leading to decreased fees. The firm’s bet on consumer banking has backfired, damaging its prestigious brand and causing financial losses. Description Goldman Sachs, one of the world’s most respected banking giants, is engaging in a notable shift of strategy as it faces the realities of a rapidly changing global market landscape. Approximately 125 managing directors are slated to lose their jobs in this latest round of downsizing, as the firm copes with a notable drop in … Read more Goldman Sachs, one of the world’s most respected banking giants, is engaging in a notable shift of strategy as it faces the realities of a rapidly changing global market landscape. Approximately 125 managing directors are slated to lose their jobs in this latest round of downsizing, as the firm copes with a notable drop in its…

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