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Yo, what’s going on? You can’t get bored with crypto when we are around.
🔥 What's hot today 🔥
📉 TrueUSD loses dollar peg
🕵️♂️ Crypto Showdown: SEC vs. Satoshi Nakamoto!
💼 Hong Kong's Web3 Industry Soaring High, Despite Talent Crunch!
🏦 Billion-Dollar Fund Manager Forecasts U.S. Bank Failures
🐦 Tweet of the day
🐸 Meme of the day
🧠 Wisdom of the day
📉 TrueUSD loses dollar peg
Stablecoin TrueUSD (TUSD) slightly lost its dollar peg after halting minting via its technology partner, Prime Trust. TUSD traded at a low of $0.9964, causing a stir among stakeholders. This halt comes amid rumors of insolvency around Prime Trust and its impending acquisition by crypto custodian BitGo. While TUSD minting through Prime Trust is on pause , the company assures that other banking partnerships remain unaffected.
Announcement:
TUSD mints via Prime Trust are paused for further notification.
Thanks for your understanding and we are sorry for any inconvenience. Please contact [email protected] for any further questions.
— TrueUSD (@tusdio)
4:23 AM • Jun 10, 2023
🕵️♂️ Crypto Showdown: SEC vs. Satoshi Nakamoto!
Unprecedented move by the SEC as it files a lawsuit against Bitcoin, intending to court the mysterious founder, Satoshi Nakamoto. Amidst legal actions against crypto exchanges, Bitcoin evades the 'security' tag while the identity of Nakamoto fuels market speculation.
💼 Hong Kong's Web3 Industry Soaring High, Despite Talent Crunch!
Hong Kong's Web3 industry is in the spotlight due to a projected talent gap crisis of 50,000 to 100,000 individuals. Wu Jiezhuang, a Legislative Council member, aims to turbocharge the industry's development by incubating 1,000 Web3 companies in the next three years, with 400 already registered. The city is also welcoming global crypto exchanges like Coinbase to apply for compliance exchanges. Jiezhuang's ambitious strategy, combined with Hong Kong's global outlook, is all set to position the city as a leading hub for Web3 innovation
I hereby offer an invitation to welcome all global virtual asset trading operators including @coinbase to come to HK for application of official trading platforms and further development plans. Please feel free to approach me and I am happy to provide any assistance.
— Johnny Ng 吴杰庄 (@Johnny_nkc)
11:52 AM • Jun 10, 2023
🏦 Billion-Dollar Fund Manager Forecasts U.S. Bank Failures
Soros Fund Management CEO, Dawn Fitzpatrick, predicts looming failures for smaller U.S. banks and stricter Federal Reserve regulations. Fitzpatrick also anticipates a shift in focus from asset quality to liability management, reminiscent of the 2008 financial crisis.
🐦 Tweet of the day
Think you're too smart for a Twitter scam?
Think again.
Here's how millions in dollars were wiped out 🧵
— Defi God (@_defi_god_)
10:30 AM • Jun 9, 2023
🐸 Meme of the day
🧠 Wisdom of the day
We won’t call today’s topic as wisdom, but you are going to love this topic about Ben.eth.
Who is Ben.eth?
Remember the infamous crypto influencer who everyone has been talking about? Here’s a thread on him/her which you won’t want to miss.
The Saga of BEN.ETH.
This is the story of how a pseudonymous crypto influencer:
• created a multi-billion memecoin empire
• Was sent $7m in free money
• Gained the attention of Andrew Tate
• Was sued for 8 figuresDo I have your attention?
Read on:
— Jack Niewold 🫡 (@JackNiewold)
10:03 PM • May 24, 2023
Find out more about Ben.eth in this article.