Satoshi Scribes
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Unraveling the world of #blockchain & #crypto with every word đ | Exploring #decentralized frontiers & sharing insightsâ¨
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BREAKING: Shaq Settles FTX Lawsuit, Terms Kept Secret
NBA legend Shaquille O'Neal has reached a confidential settlement with FTX investors, according to an April 23 court filing in Florida.
The settlement ends a legal battle where investors accused O'Neal of contributing to their losses by promoting the now-bankrupt crypto exchange.
This resolution comes shortly after O'Neal's separate $11 million settlement over the Astrals NFT project. The #FTX litigation continues against other celebrity promoters as investors seek up to $21 billion in damages.
Will this settlement set a precedent for the other celebrity defendants facing similar accusations? #CryptoNews
NBA legend Shaquille O'Neal has reached a confidential settlement with FTX investors, according to an April 23 court filing in Florida.
The settlement ends a legal battle where investors accused O'Neal of contributing to their losses by promoting the now-bankrupt crypto exchange.
This resolution comes shortly after O'Neal's separate $11 million settlement over the Astrals NFT project. The #FTX litigation continues against other celebrity promoters as investors seek up to $21 billion in damages.
Will this settlement set a precedent for the other celebrity defendants facing similar accusations? #CryptoNews
KiloEx's $7.5M "Compensation" Plan Reeks of Damage Control
So KiloEx finally decided to "make things right" after their $7.5M hack? Please.
They're only covering losses that worsened during suspension and throwing a measly 10% APY bonus at stakers. Meanwhile, they had to threaten legal action to get funds back.
Let's not forget this disaster happened because of THEIR security failure , a basic price oracle vulnerability they should've caught.
Compensation plan or desperate PR move? I think we know. #Web3 #CryptoTrends2024
So KiloEx finally decided to "make things right" after their $7.5M hack? Please.
They're only covering losses that worsened during suspension and throwing a measly 10% APY bonus at stakers. Meanwhile, they had to threaten legal action to get funds back.
Let's not forget this disaster happened because of THEIR security failure , a basic price oracle vulnerability they should've caught.
Compensation plan or desperate PR move? I think we know. #Web3 #CryptoTrends2024
Tetherâs Bitcoin Power Play: Jack Mallers Takes Helm at New Venture Thatâs Already Richer Than Youâll Ever Be
Well, well, well⌠look whoâs getting cozy with the stablecoin giant now! Strike founder Jack Mallers, who once said he was going to âphase outâ Tether, is now running Tetherâs $3.6 billion Bitcoin venture, Twenty One Capital. Convenient, huh?
The same guy who helped El Salvador adopt Bitcoin (where Tether now has headquarters) has apparently had a change of heart about working with the controversial stablecoin issuer. Funny how a multi-billion dollar CEO position can change your principles!
This Bitcoin treasure chest already has 42,000 $BTC at launch, making it the third-largest publicly-traded Bitcoin holder. Meanwhile regular investors are still scraping together sats hoping to own just one whole coin someday.
So what do you think, is this the beginning of Tetherâs complete takeover of the Bitcoin ecosystem or just another way for the elite to control what was supposed to be decentralized currency for the people? $BTC
#ETH $ETH #Tether
Well, well, well⌠look whoâs getting cozy with the stablecoin giant now! Strike founder Jack Mallers, who once said he was going to âphase outâ Tether, is now running Tetherâs $3.6 billion Bitcoin venture, Twenty One Capital. Convenient, huh?
The same guy who helped El Salvador adopt Bitcoin (where Tether now has headquarters) has apparently had a change of heart about working with the controversial stablecoin issuer. Funny how a multi-billion dollar CEO position can change your principles!
This Bitcoin treasure chest already has 42,000 $BTC at launch, making it the third-largest publicly-traded Bitcoin holder. Meanwhile regular investors are still scraping together sats hoping to own just one whole coin someday.
So what do you think, is this the beginning of Tetherâs complete takeover of the Bitcoin ecosystem or just another way for the elite to control what was supposed to be decentralized currency for the people? $BTC
#ETH $ETH #Tether
So Treasury Secretary Bessent just dropped a BOMB today saying they'll "review regulatory impediments" to blockchain and stablecoins. I'm calling BS right now.
After YEARS of strangling innovation, NOW they want to "help"? đ
The same government that's been pushing banks to reject crypto companies suddenly cares about "impediments"? In my opinion, this is just preparation for even MORE control.
Watch closely, I'm so sure they'll use this "review" to justify whatever anti-crypto agenda they've been cooking up.
They're not freeing the market, they're preparing it for corporate capture! The same Wall Street elites who mocked crypto now want control.
What do you think? Real change coming or just another wolf in sheeps clothing?
After YEARS of strangling innovation, NOW they want to "help"? đ
The same government that's been pushing banks to reject crypto companies suddenly cares about "impediments"? In my opinion, this is just preparation for even MORE control.
Watch closely, I'm so sure they'll use this "review" to justify whatever anti-crypto agenda they've been cooking up.
They're not freeing the market, they're preparing it for corporate capture! The same Wall Street elites who mocked crypto now want control.
What do you think? Real change coming or just another wolf in sheeps clothing?
Breaking news: Bybit has just announced a major partnership with Zodia Custody. That partnership comes after a pretty eye-watering $1.4 billion security breach involving liquid-staked Ether. That breach, and the trust issues it raised, is exactly what Bybit's new partnership aims to address.
Through that partnership, institutions can trade on Bybit while keeping their assets safely under independent custody. That means no more pre-funding requirements-and a much lower exchange-risk exposure for those clients.
"We need to give our institutional clients more than just speed," says Julian Sawyer, CEO of Zodia Custody. "We need to give them the confidence that their assets are secure, off-exchange, and fully under their control." Zodia Custody has been expanding its operations in Australia-and just received investment from NAB Ventures. That positioning should serve it well as upcoming regulatory changes start to take shape by 2025. #crypto
Through that partnership, institutions can trade on Bybit while keeping their assets safely under independent custody. That means no more pre-funding requirements-and a much lower exchange-risk exposure for those clients.
"We need to give our institutional clients more than just speed," says Julian Sawyer, CEO of Zodia Custody. "We need to give them the confidence that their assets are secure, off-exchange, and fully under their control." Zodia Custody has been expanding its operations in Australia-and just received investment from NAB Ventures. That positioning should serve it well as upcoming regulatory changes start to take shape by 2025. #crypto
BREAKING: VanEck Files for First US $BNB ETF
VanEck has set up a Delaware trust for what could be the first ever BNB ETF in the US. The March 31st filing (10148820) comes before the formal SEC application and follows the successful Bitcoin and Ethereum ETF launches.
If approved this would be a big deal for BNB, currently the 5th largest cryptocurrency by market cap. There are BNB products in international markets but this would be the first US one.
Despite this BNB is trading at $610.75, down 1.93% in the last 7 days, not much movement on the news.
Will the SEC continue its recent trend of cryptocurrency #etf approvals, or will BNB face more regulatory hurdles than its predecessors? #bnb
VanEck has set up a Delaware trust for what could be the first ever BNB ETF in the US. The March 31st filing (10148820) comes before the formal SEC application and follows the successful Bitcoin and Ethereum ETF launches.
If approved this would be a big deal for BNB, currently the 5th largest cryptocurrency by market cap. There are BNB products in international markets but this would be the first US one.
Despite this BNB is trading at $610.75, down 1.93% in the last 7 days, not much movement on the news.
Will the SEC continue its recent trend of cryptocurrency #etf approvals, or will BNB face more regulatory hurdles than its predecessors? #bnb
đ¨ BREAKING: Shibarium hits 1 BILLION transactions! As I'm trackin As I'm tracking $SHIB , itâs up 3.38% today at $0.00001453. L2 is processing millions of transactions again after the March slowdown. Iâm keeping an eye on exchange flows and investors are moving tokens to self custody - thatâs a bullish sign before a price run. After looking at the metrics I think this infrastructure growth validates SHIBâs utility beyond meme coin. SHIB is up 5.5% and back in the top 20! #Shiba
I've been following Boson Protocol's campaign for "The Dolcelorian" and I have to sayâI'm really impressed by what they've done with that $1 million Dolce & Gabbana Glass Suit. They've taken that luxury item and turned it into $DOLCE tokens through the Fermion Protocol. That in itself is pretty cool.
What I love about this is the way they're spreading the loveâliterally. Over the next four to six months, they're giving away up to $1 million in rewards. We're currently in Chapter One, where eight hidden codes worth $3,000 each are scattered across their platforms. I've seen the first winner claim their 300,000 $DOLCE tokens through Telegram-and that was just the beginning.
Chapter Two is going to be even bigger. Boson's planning a $100,000 giveaway. And then there's the auction: the physical suit will go under the hammer during the next bull run, with the proceeds going straight back to token holders through a buyback.
What really gets me excited is seeing real-world luxury assets tied to actual tokens. No empty promises here. Each $DOLCE represents a piece of that iconic Glass Suit. If you're as hooked as I am, follow @TheDolcelorian on Twitter for updates.
Have you ever participated in a campaign like this? I think this is one of the most innovative approaches to Web3 marketing we've seen this year. And I'm not just saying that because I'm involved. #RWA #Tokenization #AirdropAlert
What I love about this is the way they're spreading the loveâliterally. Over the next four to six months, they're giving away up to $1 million in rewards. We're currently in Chapter One, where eight hidden codes worth $3,000 each are scattered across their platforms. I've seen the first winner claim their 300,000 $DOLCE tokens through Telegram-and that was just the beginning.
Chapter Two is going to be even bigger. Boson's planning a $100,000 giveaway. And then there's the auction: the physical suit will go under the hammer during the next bull run, with the proceeds going straight back to token holders through a buyback.
What really gets me excited is seeing real-world luxury assets tied to actual tokens. No empty promises here. Each $DOLCE represents a piece of that iconic Glass Suit. If you're as hooked as I am, follow @TheDolcelorian on Twitter for updates.
Have you ever participated in a campaign like this? I think this is one of the most innovative approaches to Web3 marketing we've seen this year. And I'm not just saying that because I'm involved. #RWA #Tokenization #AirdropAlert
Breaking: Stablecoin Adoption Up 53% in 1 Year
A new Artemis x Dune report shows active stablecoin addresses went from 19.6 million to 30 million (53%) in the last year. Total supply hit $225 billion (63% up) and monthly transfer volume jumped 115% to $4.1 trillion. Will stablecoins be the catalyst for global digital finance? #stablecoin #crypto
A new Artemis x Dune report shows active stablecoin addresses went from 19.6 million to 30 million (53%) in the last year. Total supply hit $225 billion (63% up) and monthly transfer volume jumped 115% to $4.1 trillion. Will stablecoins be the catalyst for global digital finance? #stablecoin #crypto
Bitcoin Defies Correction, Beats All Global Assets Since Trump Election; ETFs See Largest Inflows Since February
Despite a 23% pullback from the January high, Bitcoin (BTC) has outperformed all global assets since the US election, including stocks, bonds and gold.
This as US Bitcoin ETFs see their biggest daily inflows since February, investor confidence is up and the bull market looks to continue. Analysts say BTC could hit $200,000 in 2 years.
So the question remains, is Bitcoin the ultimate hedge against traditional market risks? #Web3 #bitcoin
Despite a 23% pullback from the January high, Bitcoin (BTC) has outperformed all global assets since the US election, including stocks, bonds and gold.
This as US Bitcoin ETFs see their biggest daily inflows since February, investor confidence is up and the bull market looks to continue. Analysts say BTC could hit $200,000 in 2 years.
So the question remains, is Bitcoin the ultimate hedge against traditional market risks? #Web3 #bitcoin
Breaking: $900M Bitcoin ETF Exodus Continues, Fifth Week of Outflows
U.S. Bitcoin Spot ETFs saw $900M+ in outflows this week, marking the 5th straight week of redemptions. BlackRock's IBIT & Fidelity's FBTC led withdrawals. Ethereum ETFs also saw $190M+ outflows. Market confidence shaken amid recent price corrections.
U.S. Bitcoin Spot ETFs saw $900M+ in outflows this week, marking the 5th straight week of redemptions. BlackRock's IBIT & Fidelity's FBTC led withdrawals. Ethereum ETFs also saw $190M+ outflows. Market confidence shaken amid recent price corrections.
Market Meltdown! US Stocks Plunge, Wiping Out $1.75 Trillion in Value. Is this the start of a major crash? Stay tuned for updates. #StocksDown #StockMarketTrends #BinanceAlphaAlert
Breaking News:Â The crypto market just plunged to COVID crash levels, with fear spiking despite positive news like the U.S. Strategic Reserve announcement and the SEC wrapping up investigations. This brutal correction during a bull run has everyone asking: Is the market being manipulated? #bitcoin #crypto
Bitcoin is on shaky ground this week. Crypto markets tanked after #Trumpâs Strategic Reserve news didnât do the trick. Even his ânever sellâ speeches didnât get Bitcoin to $90,000 â now itâs down to $82,000. Hereâs what could move the needle:
- Tuesday: JOLTS Job Openings. Fewer jobs = cooling economy = bad for Bitcoin
- Wednesday: Core CPI. 0.3% in February could spook markets if inflation is heating up
- Thursday: PPI. Higher producer prices mean higher goods prices = more pain for risk assets
- Friday: Consumer Sentiment. If people expect more inflation, Bitcoin will drop
- Labor market shifts: Jobless claims spike, confidence will fade fast
- Fedâs next move: March 18-19 meeting. Rates stay the same, but inflation data sets the tone.
Last time CPI spiked, #Bitcoin dropped hard. Will it happen again? Whatâs your bet?
- Tuesday: JOLTS Job Openings. Fewer jobs = cooling economy = bad for Bitcoin
- Wednesday: Core CPI. 0.3% in February could spook markets if inflation is heating up
- Thursday: PPI. Higher producer prices mean higher goods prices = more pain for risk assets
- Friday: Consumer Sentiment. If people expect more inflation, Bitcoin will drop
- Labor market shifts: Jobless claims spike, confidence will fade fast
- Fedâs next move: March 18-19 meeting. Rates stay the same, but inflation data sets the tone.
Last time CPI spiked, #Bitcoin dropped hard. Will it happen again? Whatâs your bet?
Oh so now weâre pretending #Trump is some kind of crypto genius? Please.
Iâve seen my fair share of rug pulls but watching an entire administration front run the market is next level. Imagine launching a meme coin on Solana, watching it go up, watching 800,000 people get rekt when it tanks, and then suddenly.....SURPRISE!.....heâs pushing a federal crypto reserve? On Solana, ADA, and XRP? LOL!
And letâs not even get started on Melaniaâs flop coin or the Trump kids running World Liberty Financial like itâs a real DeFi service while quietly playing around with shady stablecoins like Tether......you know, the ones constantly accused of money laundering and sanctions evasion.
If youâre still convinced Trumpâs #crypto push is about innovation and not insider profit ask yourself: whoâs getting richer here? Because I promise you itâs not the average crypto investor. #CryptoReserve #xrp #sol
Iâve seen my fair share of rug pulls but watching an entire administration front run the market is next level. Imagine launching a meme coin on Solana, watching it go up, watching 800,000 people get rekt when it tanks, and then suddenly.....SURPRISE!.....heâs pushing a federal crypto reserve? On Solana, ADA, and XRP? LOL!
And letâs not even get started on Melaniaâs flop coin or the Trump kids running World Liberty Financial like itâs a real DeFi service while quietly playing around with shady stablecoins like Tether......you know, the ones constantly accused of money laundering and sanctions evasion.
If youâre still convinced Trumpâs #crypto push is about innovation and not insider profit ask yourself: whoâs getting richer here? Because I promise you itâs not the average crypto investor. #CryptoReserve #xrp #sol
BREAKING: Japanese investment firm Metaplanet buys 156 more BTC for $13.4 million, now holding 2,391 BTC at $85,890 per coin. Metaplanet is all in on Bitcoin.
Is this the next wave of institutional adoption?
đ #CryptoNewss #BTC
Is this the next wave of institutional adoption?
đ #CryptoNewss #BTC
Okay, Trumpâs 'Crypto Strategic Reserve' sounds cool until you see the lineup, Bitcoin and Ethereum, sure, Iâm on board. But Solana, XRP, and Cardano? Come on, man, those are like the sketchy used cars of crypto! Heâs trying to make the U.S. the 'Crypto Capital of the World' by betting on stuff that crashes every other Tuesday or just pump his buddiesâ bags? #crypto #XrpđĽđĽ #ADA
đ @BitlayerLabs is bringing its trustless BitVM Bridge to @arbitrum, and now BTC liquidity flows across both Layer 2 ecosystems! This is a big deal for DeFi, enabling seamless lending, trading and yield farming with Bitcoin.
đš Thousands of ecosystem projects get access to BTC liquidity
đ¸ Billions in TVL to grow as Bitcoin enters Arbitrum DeFi
đš ZK rollup technology at scale ensures efficient and secure transactions
By moving BTC into #Arbitrum without trust, this bridge eliminates central custodians and expands Bitcoinâs role in DeFi. Imagine staking BTC for yields, borrowing stablecoins against it, or using it in trading pairs with low slippage, all on Arbitrumâs fast L2 infrastructure.
Bitcoin has been DeFiâs sleeping giant for a long time, but with this bridge we could see BTC fueling billions in new liquidity across Arbitrumâs #DeFi ecosystem.
Are we on the cusp of the next Bitcoin use case? Letâs talk. đ $ARB $BTC
đš Thousands of ecosystem projects get access to BTC liquidity
đ¸ Billions in TVL to grow as Bitcoin enters Arbitrum DeFi
đš ZK rollup technology at scale ensures efficient and secure transactions
By moving BTC into #Arbitrum without trust, this bridge eliminates central custodians and expands Bitcoinâs role in DeFi. Imagine staking BTC for yields, borrowing stablecoins against it, or using it in trading pairs with low slippage, all on Arbitrumâs fast L2 infrastructure.
Bitcoin has been DeFiâs sleeping giant for a long time, but with this bridge we could see BTC fueling billions in new liquidity across Arbitrumâs #DeFi ecosystem.
Are we on the cusp of the next Bitcoin use case? Letâs talk. đ $ARB $BTC
Breaking News! đ¸đ PEPE Ascension ( $PEAP ) drops a roadmap for sustainable #memecoin growth! Launching "Peap Pad" for 2-click memecoin creation & aiming for major DEX/CEX listings.
Can this Egyptian-themed #PEPE truly bring long-term value to the volatile memecoin market?
Can this Egyptian-themed #PEPE truly bring long-term value to the volatile memecoin market?
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TariffPause
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#TariffPause
Hereâs a concise 7-point summary of the current situation regarding the U.S. tariffs and their global impact:
1. 10% Universal Tariff: A new minimum 10% tariff applies to all imports into the U.S., including from the UK and EU, replacing previous lower or zero tariffs (e.g., under free trade deals with Australia, South Korea).
2. China Tariff Hike: Tariffs on Chinese goods rise from **104% to 125%**, with an additional **20% linked to fentanyl**, intensifying the U.S.-China trade war.
3. Paused Tariffs*: Higher tariffs (e.g., **46% on Vietnam, 20% on EU**) are suspended until **July**, offering temporary relief but keeping the 10% baseline.
4. Active High Tariffs:
- **25% on cars** (including UK exports).
- **25% on steel/aluminum** and related products (UK exported **$720M** in 2024).
- **25% on select goods from Mexico/Canada**, despite past trade deals.
5. Global Economic Risks:
- U.S. average import tariffs could reach **24â27%**, the highest in a century.
- Slowdowns in the U.S. and China (**43% of global GDP**) may harm worldwide growth.
6. UK Impact:
- **Lost advantage** over EU (both now face 10% tariffs).
- **$9B car exports** to U.S. hit by 25% tariff; **$2.9B metal products** also affected.
- Services exports (most UK-U.S. trade) remain tariff-free.
7. Uncertainty & Criticism: Economists warn Trumpâs abrupt policy shifts (pausing/hiking tariffs) create instability, deterring investment and worsening global trade tensions.
#TrendingTopic #TrumpVsPowell #ChinaUS
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