Crypto CEOs are out. Gemini co-founder Cameron Winklevoss is out of a director of Gemini Europe. Other CEOs like Genesis CEO Michael Moro, MicroStrategy CEO Michael Saylor, Kraken CEO Jesse Powell, Alameda Research co-CEO Sam Trabucco, Celsius’ Alex Mashinsky, Neobank’s chief executive Daniel Leon, Polkadot Co-Founder Gavin Wood, and FTX.US President Brett Harrison are all announced to step down recently. https://twitter.com/gavofyork/status/1583516332515282944 Will these indicate some shake-...

Crypto CEOs are out. Gemini co-founder Cameron Winklevoss is out of a director of Gemini Europe. Other CEOs like Genesis CEO Michael Moro, MicroStrategy CEO Michael Saylor, Kraken CEO Jesse Powell, Alameda Research co-CEO Sam Trabucco, Celsius’ Alex Mashinsky, Neobank’s chief executive Daniel Leon, Polkadot Co-Founder Gavin Wood, and FTX.US President Brett Harrison are all announced to step down recently. https://twitter.com/gavofyork/status/1583516332515282944 Will these indicate some shake-...

The umbrella term for all digital assets is “digital wallet” — a service that manages your digital money and stores it in a blockchain-based system. Many people use this as their primary way to store and manage their cash, but other users might also supplement their traditional bank accounts with one or more digital wallets. Great banks and other financial institutions provide services like security deposits, capping balances, and so on. Customers who want to use a service like that for stora...

The umbrella term for all digital assets is “digital wallet” — a service that manages your digital money and stores it in a blockchain-based system. Many people use this as their primary way to store and manage their cash, but other users might also supplement their traditional bank accounts with one or more digital wallets. Great banks and other financial institutions provide services like security deposits, capping balances, and so on. Customers who want to use a service like that for stora...

Meta is quietly collapsing. https://twitter.com/litcapital/status/1585695159504732170 Venture capital Altimeter Capital's CEO Brad Gerstner commented: "Meta has drifted into the land of excess — too many people, too many ideas, too little urgency … This lack of focus and fitness is obscured when growth is easy, but deadly when growth slows and technology changes." If you check how the average employee in Meta works, you may suddenly realize how over-hyped the Meta company was. https://tw...

Meta is quietly collapsing. https://twitter.com/litcapital/status/1585695159504732170 Venture capital Altimeter Capital's CEO Brad Gerstner commented: "Meta has drifted into the land of excess — too many people, too many ideas, too little urgency … This lack of focus and fitness is obscured when growth is easy, but deadly when growth slows and technology changes." If you check how the average employee in Meta works, you may suddenly realize how over-hyped the Meta company was. https://tw...

Understanding and navigating crypto is very different in the early stage since the explosion of the crypto hype in 2021. So how are you going to learn and explore crypto after 2021? Here is a simple and easy way to do so. Of course, those are no financial advice. Stability vs. UsabilityAll crypto will not escape from these two functionalities. Stability refers to finances. Whether you invest in crypto to hope it will hedge the future of currency crisis or hold crypto to believe there will hav...

Understanding and navigating crypto is very different in the early stage since the explosion of the crypto hype in 2021. So how are you going to learn and explore crypto after 2021? Here is a simple and easy way to do so. Of course, those are no financial advice. Stability vs. UsabilityAll crypto will not escape from these two functionalities. Stability refers to finances. Whether you invest in crypto to hope it will hedge the future of currency crisis or hold crypto to believe there will hav...

Do Kwon, co-founder of Terraform Labs, is on the run but denies any wrongdoing and is on the run from law enforcement despite the red notice on Interpol. https://twitter.com/stablekwon/status/1574448432793538560 Since $60B evaporated in May, Do Kwon was suspected on the run without any explanation about how to recover investors' funds. And his $67 million fund was frozen in KuCoin, which he was also suspected of trying to obtain. Does Do Kwon guilty of the charge, and 2) is he on the run...

Do Kwon, co-founder of Terraform Labs, is on the run but denies any wrongdoing and is on the run from law enforcement despite the red notice on Interpol. https://twitter.com/stablekwon/status/1574448432793538560 Since $60B evaporated in May, Do Kwon was suspected on the run without any explanation about how to recover investors' funds. And his $67 million fund was frozen in KuCoin, which he was also suspected of trying to obtain. Does Do Kwon guilty of the charge, and 2) is he on the run...

Inflation, what inflation? There is no inflation. https://twitter.com/WallStreetSilv/status/1586742825693192192 In this day and age, it’s not really a surprise that there has been a heated debate over how to increase the price of gasoline. The simple fact is that when combined with increasing fuel economy standards, these costs are becoming prohibitive for many consumers. As a result, gas has become a key part of our everyday lives. Someday soon, though, we’ll all be able to drive hybrid or e...

Inflation, what inflation? There is no inflation. https://twitter.com/WallStreetSilv/status/1586742825693192192 In this day and age, it’s not really a surprise that there has been a heated debate over how to increase the price of gasoline. The simple fact is that when combined with increasing fuel economy standards, these costs are becoming prohibitive for many consumers. As a result, gas has become a key part of our everyday lives. Someday soon, though, we’ll all be able to drive hybrid or e...

There are certainly regulations coming to crypto, but what regulations and how far do regulations apply? There are many possibilities that regulations of crypto can go very wrong, and let me explain here: Crypto is a peer-to-peer communication device that facilitates the transaction from one user to another without the third party's involvement. In the traditional sense of transaction, we have a client or seller deal with a user or buyer with a middleman to facilitate communication or tr...

There are certainly regulations coming to crypto, but what regulations and how far do regulations apply? There are many possibilities that regulations of crypto can go very wrong, and let me explain here: Crypto is a peer-to-peer communication device that facilitates the transaction from one user to another without the third party's involvement. In the traditional sense of transaction, we have a client or seller deal with a user or buyer with a middleman to facilitate communication or tr...

It’s not as simple as it sounds. If you want to take your brand and spread it around the world, you need to be able to convey your meaning and your message in a clear, concise way. The best way to do that is with a well-designed and executed meme. That's why the concept of “the internet the meme land” is so important. It allows businesses to reach a new audience with just a simple tweet. Instead of trying to sell them something, or sell them something specific, these businesses are able ...

It’s not as simple as it sounds. If you want to take your brand and spread it around the world, you need to be able to convey your meaning and your message in a clear, concise way. The best way to do that is with a well-designed and executed meme. That's why the concept of “the internet the meme land” is so important. It allows businesses to reach a new audience with just a simple tweet. Instead of trying to sell them something, or sell them something specific, these businesses are able ...

Cryptocurrencies were notorious of their volatility. However, the traditional market has been more volatile than the crypto market. What has happened? https://twitter.com/Crypto_Academy\_/status/1583413490970083330 The volatility depends on how certain the future will become. If the future is uncertain, then it is riskier with higher volatility compared with more certainty of lower volatility. From the asset classes' point of view, the volatility links to the debts ratio since the higher...

Cryptocurrencies were notorious of their volatility. However, the traditional market has been more volatile than the crypto market. What has happened? https://twitter.com/Crypto_Academy\_/status/1583413490970083330 The volatility depends on how certain the future will become. If the future is uncertain, then it is riskier with higher volatility compared with more certainty of lower volatility. From the asset classes' point of view, the volatility links to the debts ratio since the higher...

Non-transferable shares is the new tool to make Defi or DAO accountable. Will it work? Sushi's new proposal of Meiji Governance Rework will overhaul the previous embarrassment of what Sushi DAO did and transform it into Meiji DAO. "The Sushiswap Meiji DAO will supersede all responsibilities currently held by the Sushi DAO. The Meiji DAO will bring governance on chain, and kickstart the Meiji Restoration of Sushi, which will become a new phase of Sushi and a new grand vision to execute on...

Non-transferable shares is the new tool to make Defi or DAO accountable. Will it work? Sushi's new proposal of Meiji Governance Rework will overhaul the previous embarrassment of what Sushi DAO did and transform it into Meiji DAO. "The Sushiswap Meiji DAO will supersede all responsibilities currently held by the Sushi DAO. The Meiji DAO will bring governance on chain, and kickstart the Meiji Restoration of Sushi, which will become a new phase of Sushi and a new grand vision to execute on...

HUSD, or Huobi stablecoin, is collapsed. https://twitter.com/UnidefTimes/status/1587057660410707969 https://twitter.com/MetaDaily_main/status/1587044008198823936 Apparently, another fake stablecoin with a fake accounting statement with assets they claimed to be pegged but did not. https://twitter.com/CryptoWinne/status/1587005855915991040 To try to become a private central bank, you cannot issue currency as the actual central bank did without assets backing up. Stablecoin needs assets backing...

HUSD, or Huobi stablecoin, is collapsed. https://twitter.com/UnidefTimes/status/1587057660410707969 https://twitter.com/MetaDaily_main/status/1587044008198823936 Apparently, another fake stablecoin with a fake accounting statement with assets they claimed to be pegged but did not. https://twitter.com/CryptoWinne/status/1587005855915991040 To try to become a private central bank, you cannot issue currency as the actual central bank did without assets backing up. Stablecoin needs assets backing...

For most of us, the term "inflation" conjures up memories of back-of-the-napkin tabs and crisp, new bills. But for some people, that's not the way it works — or at least not how it's working for them. Inflation is a human phenomenon, and while it can sometimes be scary in its own right (especially when you can't quite figure out how to stop it), fighting for inflation is an essential part of any resistance movement. If you're ready to fight for your rights and stand up for...

For most of us, the term "inflation" conjures up memories of back-of-the-napkin tabs and crisp, new bills. But for some people, that's not the way it works — or at least not how it's working for them. Inflation is a human phenomenon, and while it can sometimes be scary in its own right (especially when you can't quite figure out how to stop it), fighting for inflation is an essential part of any resistance movement. If you're ready to fight for your rights and stand up for...