Best Twitter threads of the day – August 31st

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  TL;DR Breakdown Thailand’s Ministry of Digital Economy and Society (MDES) has announced its intention to seek a court-issued shutdown order against the social media giant unless immediate measures are taken to curb crypto-related scams. The scammers also employed tactics such as using images of celebrities and renowned financial personalities to bolster their credibility and attract potential victims. Highlighting the modus operandi of such scams, MDES has cautioned the public to be wary of promises of exorbitant and guaranteed returns. Description Thailand has taken a stern stance against Facebook’s alleged negligence in addressing fraudulent investment and cryptocurrency scam advertisements on its platform. The Ministry of Digital Economy and Society (MDES) has announced its intention to seek a court-issued shutdown order against the social media giant unless immediate measures are taken to curb these scams. According to … Read more Thailand has taken a stern stance against Facebook’s alleged negligence in addressing fraudulent investment and cryptocurrency scam advertisements on its platform. The Ministry of Digital Economy and Society (MDES) has announced its intention to seek a court-issued shutdown order against the social…

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• Step-by-Step Guide: How to Stake TUSD Tokens

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• Weekly Crypto Price Analysis: BTC, ETH, BNB, ADA, XRP, And SOL

  TL;DR Breakdown Weekly crypto price analysis reveals major coins have been trading in sideways reaction for the past week. Bitcoin (BTC) has been hovering around $27,000 for most of the days in the past weeks. Ethereum price analysis has successfully broken above the 1,800 level for the past few days. Weekly crypto analysis reveals that Bitcoin and most major cryptocurrencies are struggling to hold on to their higher levels, indicating that the bears have not given up yet. In the past week, The bulls and bears have been in a tug of war for the past few days, resulting in sideways trading. The Bitcoin price analysis has been hovering around the $27,000 mark, with a few small jumps above and below this level. Ethereum (ETH) has been trading in a strong bullish trend recently and is now hovering around its all-time high of $1,800. Ethereum price analysis has successfully broken above the 1,800 level for the past few days. Cryptocurrencies price heat map: Coin 360 BNB, ADA, XRP, and SOL have also been trading in a relatively sideways trend. Binance…

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• Zimbabwean economist proposes paying government workers with gold coins

  TL;DR Breakdown A Zimbabwean economist has urged the government to pay workers salaries in gold coins. Analysts have disagreed with the idea while citing concerns. Description Amidst Zimbabwe’s currency market challenges and a sharp depreciation of the local currency, economist George Nhepera has put forward a unique suggestion to address the situation. Nhepera recommends that the Zimbabwean government consider paying a portion of government workers’ salaries with gold coins. This approach aims to mitigate the dominance of the black market in … Read more Amidst Zimbabwe’s currency market challenges and a sharp depreciation of the local currency, economist George Nhepera has put forward a unique suggestion to address the situation. Nhepera recommends that the Zimbabwean government consider paying a portion of government workers’ salaries with gold coins. This approach aims to mitigate the dominance of the black market in the country’s currency market while providing stability to workers’ purchasing power. The approach will help the Zimbabwean economy Zimbabwe has been grappling with severe economic challenges, including high inflation and a depreciating local currency. The recent plunge of the Zimbabwean currency…

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• Coinshares report shows that traders still prefer Bitcoin

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