Best Twitter threads of the day – August 30th

Related articles

• BRICS Sherpa: US dollar still key global currency

  TL;DR Breakdown The upcoming BRICS summit in Johannesburg will focus on increasing trade using their national currencies, not replacing the U.S. dollar. The dollar remains a dominant global currency, and BRICS recognizes its prominence. The summit will also discuss potential expansion by inducting more countries into BRICS. While China is keen on rapid expansion, India and Brazil are more cautious. Description The upcoming summit of BRICS – the coalition of Brazil, Russia, India, China, and South Africa – set in Johannesburg, has been generating waves of anticipation. One of the hottest topics surrounding it? The role of the U.S. dollar in global trade. While various speculative narratives have been making rounds, South Africa’s top representative for … Read more The upcoming summit of BRICS – the coalition of Brazil, Russia, India, China, and South Africa – set in Johannesburg, has been generating waves of anticipation. One of the hottest topics surrounding it? The role of the U.S. dollar in global trade. While various speculative narratives have been making rounds, South Africa’s top representative for BRICS relations, Anil Sooklal, has shed…

  Article 2023年8月18日

• FBI investigates Kraken co-founder for alleged hacking

  TL;DR Breakdown The FBI conducted a raid in the home of Kraken co-founder Jesse Powell over allegations of hacking and cyberstalking. Kraken continues to face regulatory scrutiny from the SEC. Description The United States Federal Bureau of Investigations (FBI) searched the home belonging to Jesse Powell, co-founder of cryptocurrency exchange Kraken, in March. The search was part of an investigation into allegations that Powell had hacked and cyber-stalked a nonprofit arts group. The FBI raided Powell’s home in March According to sources familiar with the matter, … Read more The United States Federal Bureau of Investigations (FBI) searched the home belonging to Jesse Powell, co-founder of cryptocurrency exchange Kraken, in March. The search was part of an investigation into allegations that Powell had hacked and cyber-stalked a nonprofit arts group. The FBI raided Powell’s home in March According to sources familiar with the matter, Powell is accused by the FBI of interfering with computer accounts associated with Verge Center for the Arts, a nonprofit organization that he founded. The allegations state that Powell blocked access to emails and other messages…

  Article 2023年7月9日

• France invites crypto companies that are tired of the U.S.

  TL;DR Breakdown France is extending an invitation to cryptocurrency companies seeking a predictable regulatory environment amid increasing uncertainty in the United States. Already hosting 74 registered crypto firms, France is expecting a surge in anticipation of the EU’s Markets in Crypto Assets rules. Despite the complexity and rigor of France’s regulatory framework, French officials maintain that the requirements are practical and achievable, offering a more predictable path compared to the U.S. In the face of escalating regulatory uncertainty in the United States, France extends an invitation to beleaguered cryptocurrency companies looking for a more predictable environment. French officials are confidently promoting their nation’s regulatory framework, which already hosts approximately 74 registered cryptocurrency firms, a figure poised to rise with the upcoming implementation of the European Union’s Markets in Crypto Assets rules. A pioneer in crypto regulation France has taken significant strides in legitimizing the digital asset market. The Secretary General of the Autorité des marchés financiers (AMF), Benoît de Juvigny, asserted France’s leading role in crafting the crypto service asset provider (PSAN) regime in 2019. He stated, “In France, we…

  Article 2023年5月18日

• Lido’s July 2023 report reveals surge in total value locked and adoption

  TL;DR Breakdown Lido’s July 2023 report highlighted significant growth, with Total Value Locked (TVL) surpassing $15 billion, and over 10,000 new stakers using the protocol, a 50% increase from the previous month. The protocol’s governance saw one successful Snapshot vote concerning the Ethereum Node Operator Shortlist, and the onboarding of new Node Operators is scheduled for mid-August. Lido expanded its reach through various integrations and collaborations with platforms like Wirex, OKX, BitDAO, BitKeep Wallet, and Layer3, enhancing accessibility and fostering a vibrant ecosystem. Description In July 2023, the Lido protocol, a prominent Ethereum staking platform, showcased significant advancements in its performance and collaborations. It is important to know that the Total Value Locked (TVL) in Lido surpassed the $15 billion mark, a threshold not witnessed since May 2022. This growth is particularly noteworthy given the recent decline in the … Read more In July 2023, the Lido protocol, a prominent Ethereum staking platform, showcased significant advancements in its performance and collaborations. It is important to know that the Total Value Locked (TVL) in Lido surpassed the $15 billion mark, a…

  Article 2023年8月8日

• B2C2 acquires Woorton to boost presence in European crypto market

  TL;DR Breakdown B2C2 acquires Woorton, aiming to bolster its European crypto market presence. The merger aligns with MiCA regulations, enhancing B2C2’s global crypto stance. CEO Nicola White sees the acquisition as pivotal for B2C2’s European growth. Description B2C2, a renowned crypto liquidity provider, has acquired Woorton. This acquisition aims to strengthen B2C2’s foothold in the European market. Woorton, a top European market maker, specializes in over-the-counter (OTC) transactions in the digital asset sector. Significantly, this merger is set to redefine the crypto market liquidity landscape. Moreover, it allows B2C2 to broaden its … Read more B2C2, a renowned crypto liquidity provider, has acquired Woorton. This acquisition aims to strengthen B2C2’s foothold in the European market. Woorton, a top European market maker, specializes in over-the-counter (OTC) transactions in the digital asset sector. Significantly, this merger is set to redefine the crypto market liquidity landscape. Moreover, it allows B2C2 to broaden its services within the European Union. This expansion aligns with the new regulations of MiCA (Markets in Crypto Assets Regulation). B2C2 is positioning itself as a formidable global contender in the…

  Article 2023年8月25日