Best Twitter threads of the day – August 15th

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• AC Milan announces BitMEX partnership extension

  TL;DR Breakdown Italian football club AC Milan has extended its partnership with crypto exchange BitMEX. Football clubs and crypto platforms continue to join forces. Description Italian soccer club AC Milan has recently announced the extension of its partnership with BitMEX, a prominent cryptocurrency exchange. BitMEX initially became the first-ever jersey sleeve sponsor for the team in 2021, and this new agreement sees the company elevated to the status of AC Milan’s premium partner, in addition to retaining its title as … Read more Italian soccer club AC Milan has recently announced the extension of its partnership with BitMEX, a prominent cryptocurrency exchange. BitMEX initially became the first-ever jersey sleeve sponsor for the team in 2021, and this new agreement sees the company elevated to the status of AC Milan’s premium partner, in addition to retaining its title as the club’s official cryptocurrency trading partner. BitMEX extends its partnership with AC Milan The collaboration between AC Milan and BitMEX has been fruitful since its inception. BitMEX’s logo has prominently appeared on the gameday sleeves of both the AC Milan men’s and…

  Article 2023年7月21日

• US SEC Appeal Unlikely to Impact XRP, Asserts Crypto Lawyer

  TL;DR Breakdown Judge Analisa Torres ruled that the programmatic sale of XRP tokens through exchanges does not classify them as securities, a significant victory for Ripple in the lawsuit against the SEC. The SEC intends to appeal the Summary Judgment, raising concerns about the potential impact on XRP and its holders. Attorney John Deaton reassures XRP holders that even if the SEC appeals, the Summary Judgment will remain in effect during the potentially lengthy appeal process, providing support for XRP holders. Description In the dynamic world of cryptocurrency, appeal legal battles often shape the landscape, setting precedents that can have far-reaching consequences for the entire industry. One such high-profile case involves the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the popular digital asset XRP. In a recent development, Judge Analisa Torres delivered … Read more In the dynamic world of cryptocurrency, appeal legal battles often shape the landscape, setting precedents that can have far-reaching consequences for the entire industry. One such high-profile case involves the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the…

  Article 2023年7月23日

• Canadian phishing scammer Soup allegedly stole over $1m in crypto

  TL;DR Breakdown ZachXBT exposes crypto and NFT scammer, Soup, who allegedly stole over $1 million through phishing scams Soup exploited Pika Protocol and Orbiter Finance for $220k and $760k respectively ZachXBT managed to identify one of Soup’s addresses through a connection to Blue, another scammer Description ZachXBT, a popular on-chain sleuth, has exposed another crypto and NFT scammer. This time, the scammer in question got away with over $1 million in crypto through phishing attacks. The scammer targeted Decentralized Finance(DeFi) projects like Orbiter Finance and Pika Protocol. Soup exploited Pika Protocol and Orbiter Finance ZachXBT detailed in a Monday Twitter thread … Read more ZachXBT, a popular on-chain sleuth, has exposed another crypto and NFT scammer. This time, the scammer in question got away with over $1 million in crypto through phishing attacks. The scammer targeted Decentralized Finance(DeFi) projects like Orbiter Finance and Pika Protocol. Soup exploited Pika Protocol and Orbiter Finance ZachXBT detailed in a Monday Twitter thread how Soup (aka Dan), pulled off a scam by pretending to be Luke Hamilton, a worker at the crypto media firm…

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• Fed’s $100 billion loss – You won’t believe what’s behind it

  TL;DR Breakdown The Federal Reserve’s losses have surged past $100 billion, causing significant concern. Predictions suggest this could rise to between $150 billion and $200 billion soon. These losses stem from the Fed’s aggressive interest rate hikes and its bond-buying spree during the pandemic. Description Recent data paints a startling picture for the Federal Reserve as its losses have alarmingly surged past the $100 billion mark. For a financial institution of its caliber, such a figure sends shockwaves across economic landscapes. The real kicker? Predictions suggest the worst is yet to come. The Road Ahead Looks Even Rougher Experts are … Read more Recent data paints a startling picture for the Federal Reserve as its losses have alarmingly surged past the $100 billion mark. For a financial institution of its caliber, such a figure sends shockwaves across economic landscapes. The real kicker? Predictions suggest the worst is yet to come. The Road Ahead Looks Even Rougher Experts are chiming in with rather grim projections. Analyst William English, previously part of the central bank’s inner circle and now sharing his wisdom…

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• BRICS’ India makes strong moves to ditch dollar

  TL;DR Breakdown India has made conspicuous moves suggesting efforts to counteract the U.S. dollar’s dominance. On September 8, the Indian Rupee surged against the U.S. dollar, fueling speculations of India’s strategic interventions. Sources suggest the Reserve Bank of India might have orchestrated a strategic dollar sale to prevent the dollar from reaching record highs against the Rupee. Description When it comes to international economic power plays, one can never underestimate the steps nations take to maintain their sovereignty and growth. The BRICS nations, an alliance of Brazil, Russia, India, China, and South Africa, have long been viewed as an economic counterweight to the West’s dominance. But in recent times, it’s India’s brazen stance … Read more When it comes to international economic power plays, one can never underestimate the steps nations take to maintain their sovereignty and growth. The BRICS nations, an alliance of Brazil, Russia, India, China, and South Africa, have long been viewed as an economic counterweight to the West’s dominance. But in recent times, it’s India’s brazen stance against the omnipotent U.S. dollar that’s caught global attention….

  Article 2023年9月12日