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mehedi
mehedi
@mehedi
  • 281.642875TMAC
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July 2022
Posts
mehedi
@mehedi in Status·9 hours ago

The parent company of #Silvergate Bank, known to many in the space as one of the major #crypto banks, has announced plans to “wind down operations” and liquidate the bank.

 
 

mehedi
@mehedi in Status·9 hours ago

The #company claimed that the bank's voluntary liquidation is its best path #forward due to recent industry and regulatory developments.

 
 

mehedi
@mehedi in Status·9 hours ago

The #Financial Services and Markets Act was introduced into Parliament in July and amended in October to expand crypto #regulatory provisions.

 
 

mehedi
@mehedi in Status·9 hours ago

Most British #crypto holders own no more than “several hundred pounds’” worth of #cryptocurrency, he added.but said public #policy issues such as money laundering cannot be tackled without #regulation.

 
 

mehedi
@mehedi in Status·9 hours ago

but not #eliminate the risks posed by cryptocurrency. Rathi said, “We are not going to be able to put in place a #framework that protects consumers from losses.”

 
 

mehedi
@mehedi in Status·9 hours ago

The #Financial Services and Markets Act, when passed, would give the FCA new regulatory #powers over the #crypto currency industry, 

 
 

mehedi
@mehedi in Status·9 hours ago

#Since #Arbitrum was one of the largest #blockchain projects without a token, the hype around its drop was expected. 

 
 

mehedi
@mehedi in Status·9 hours ago

#Nevertheless, it exemplifies how community-driven projects in the space can still thrive, despite competitors, technical challenges, #market downturns and regulatory uncertainty.

 
 

mehedi
@mehedi in Status·9 hours ago

#Nevertheless, it exemplifies how community-driven projects in the space can still thrive, despite competitors, technical challenges, #market downturns and regulatory uncertainty.

 
 

mehedi
@mehedi in Status·9 hours ago

#Arbitrum wasn't the first - and certainly won't be the last - project to #mobilize massive audiences. 

 
 

mehedi
@mehedi in Status·9 hours ago

In February, the token distribution of the layer-1 protocol #Core #DAO followed a similar engagement recipe, with 1.2 million tokens airdropped to individual users. 

 
 

mehedi
@mehedi in Status·9 hours ago

Even before its #mainnet launch, the project established in 2021 had over 1.6 million #Twitter followers and over 215,000 #Discord members.

 
 

mehedi
@mehedi in Status·9 hours ago

"From the start, community ownership and inclusion was a major goal," #Core #DAO contributor #Brendon #Sedo told Cointelegraph. 

 
 

mehedi
@mehedi in Status·9 hours ago

"Transparency is another key for our community. Too many #projects keep the curtain closed on their progress and #development.

 
 

mehedi
@mehedi in Status·9 hours ago

We’ve made it a priority to distribute information across a #variety of #platforms."

 
 

mehedi
@mehedi in Status·9 hours ago

Core's #blockchain runs on a combined #Proof-of-#Work and #Delegated Proof-of-Stake consensus mechanism known as #Satoshi Plus. 

 
 

mehedi
@mehedi in Status·9 hours ago

Its #airdrop was carried out in partnership with the #Satoshi App, an application allowing users to “mine” in-app rewards without requiring a #payment or exclusive invite. 

 
 

mehedi
@mehedi in Status·9 hours ago

According to #Core, the #App was crucial to helping to get #tokens in the hands of the true users of the network, with 25% of the token supply dedicated to the partnership.

 
 

mehedi
@mehedi in Status·9 hours ago

Community engagement is also key for #Web3 #games and #metaverse platforms. 

 
 

mehedi
@mehedi in Status·9 hours ago

 #Virtual world #Aftermath #Islands #Metaverse is about to reach 4 million resource pack #NFT generated in just 140 days after releasing its first play-to-earn game, adding the last 1 million users in a period of just 15 days, says the company. 

 
 

mehedi
@mehedi in Status·9 hours ago

"Our focus is not on the number of users, as our users are anonymously verified using our #Proof of #Humanity solutions where they can only have 1 account with no duplicate accounts, fakes or bots. 

 
 

mehedi
@mehedi in Status·9 hours ago

This effectively removes the “#eyeball” measuring and false results, so we #focus on what the users are doing," explained #David #Lucatch, managing director at #Aftermath #Islands.

 
 

mehedi
@mehedi in Status·9 hours ago

The resource pack #NFTs represents real ownership of items that can be #traded or used in different ways within the #platform as a personal item. 

 
 

mehedi
@mehedi in Status·9 hours ago

#Pack's daily generation of real users sits at 60,000, claims the #company.

 
 

mehedi
@mehedi in Status·9 hours ago

Decentralization and community #engagement have always been key aspects of #crypto

 
 

mehedi
@mehedi in Status·9 hours ago

#Core #DAO's #Sedo argues that project insiders and lack of community ownership pose threats to #blockchain's potential. 

 
 

mehedi
@mehedi in Status·9 hours ago

"[...] chains had to make tradeoffs between security, #scalability, and #decentralization," he explained, adding that "the classic #blockchain #trilemma gets plenty of time in the spotlight with too few solutions. 

 
 

mehedi
@mehedi in Status·9 hours ago

Many #chains and #projects simply concede that to be scalable they must sacrifice #decentralization."

mehedi
@mehedi in Status·9 hours ago

Market relief, First Citizens buys SVB assets, Ma returns - what's moving markets By Investing.com
#news #business
 

mehedi
@mehedi in Status·9 hours ago

#Markets breathe a sigh of relief as a weekend passes without a major #banking disaster. 

 
 

mehedi
@mehedi in Status·9 hours ago

The #FDIC takes an estimated $20 billion hit on resolving #Silicon #Valley #Bank

 
 

mehedi
@mehedi in Status·9 hours ago

and #Alibaba's #Jack Ma returns to #China after a year away. 

 
 

mehedi
@mehedi in Status·9 hours ago

#Global #markets are breathing a sigh of relief after the first weekend in three weeks to have gone by without a major upheaval in the global #banking sector. 

 
 

mehedi
@mehedi in Status·9 hours ago

#Global #markets are breathing a sigh of relief after the first weekend in three weeks to have gone by without a major upheaval in the global #banking sector. 

 
 

mehedi
@mehedi in Status·9 hours ago

#Germany’s #Deutsche #Bank (ETR:DBKGn), which was at the heart of Friday’s volatility, has led what can only be described as a dead-cat bounce overnight in #Europe, whose weakness is a clear sign that #investors continue to treat the sector with caution.

 
 

mehedi
@mehedi in Status·9 hours ago

Elsewhere overnight, #Saudi #National #Bank replaced its chairman, whose ill-judged comments fast-forwarded Credit #Suisse’s slow-motion train wreck.

 
 

mehedi
@mehedi in Status·9 hours ago

In the U.S., meanwhile, #Raleigh, N.C.-based #First #Citizens #BancShares (NASDAQ:FCNCA) agreed to buy most of #Silicon #Valley’s loan book and securities - and assume all of its deposits 

 
 

mehedi
@mehedi in Status·9 hours ago

from the #Federal #Deposit #Insurance Corp., which estimated that winding down the rest of the failed #bank will cost its deposit insurance fund $20 billion.

 
 

mehedi
@mehedi in Status·9 hours ago

The #FDIC is having to hold on to nearly half of #SVB’s assets, but will receive up to $500M in equity instruments in #First #Citizens as part of a scheme to share losses and profits from the asset recovery process.

 
 

mehedi
@mehedi in Status·9 hours ago

The weakness of the #Eurozone #bank bounce can partly be explained by stark evidence of the recent improvement in their fundamentals plateauing out. 

 
 

mehedi
@mehedi in Status·9 hours ago

#Private-sector credit in the #Eurozone grew at only 3.2% - the slowest rate in two years – in February, as successive interest rates took a delayed toll on lending. 

 
 

mehedi
@mehedi in Status·9 hours ago

#Loan growth to non-#financial corporates slowed to 5.7%, its lowest in 10 months.

 
 

mehedi
@mehedi in Status·9 hours ago

The figures are the latest evidence that interest rate hikes in #Europe and the U.S. are tightening financial conditions, a process that is likely to be made worse as banks’ own risk appetite weakens in the wake of the #SVB and #Credit #Suisse collapses.

 
 

mehedi
@mehedi in Status·9 hours ago

There was better news from the #Eurozone’s largest #economy

 
 

mehedi
@mehedi in Status·9 hours ago

#Germany’s closely-watched Ifo survey delivered a rise in the #Business #Climate index to its highest since February last year, with the expectations component picking up particularly sharply.

 
 

mehedi
@mehedi in Status·9 hours ago

U.S. stock #markets are set to open higher later and are due for a day of sentiment-driven trading in the absence of major #economic data or earnings.

 
 

mehedi
@mehedi in Status·9 hours ago

By 05:25 ET (09:25 GMT), #Dow #Jones futures were up 102 points, or 0.3%, while S&P 500 futures were up by a similar amount and #Nasdaq 100 futures were up by 0.1%. 

 
 

mehedi
@mehedi in Status·9 hours ago

Despite the volatility in the #banking sector, all three major cash indices had notched #gains of between 1% and 2% last week.

 
 

mehedi
@mehedi in Status·9 hours ago

Stocks likely to be in focus later include #Chinese #ADRs, after the much-publicized return of #Alibaba (NYSE:BABA) founder #Jack Ma to #China

 
 

mehedi
@mehedi in Status·9 hours ago

Ma had been away for over a year, in what many had seen as a precaution against his arrest as part of the #Communist #Party’s crackdown on over-powerful tech barons. 

 
 

firoz7319
@firoz7319 in Status·6 months ago

Australian Scientists Seek To Grow Plants On Moon By 2025
The Australian scientists said that the project is an early step towards growing plants for food, medicine and oxygen production, which are all crucial to establishing human life on the moon. #news #tmac

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behind006
@behind006 in Status·6 months ago

#new#crypto  #coin  #cryptonews  #cryptocurrency  #new

Sam Bankman-Fried's FTX crypto exchange won an auction to sell the assets of lender Voyager Digital, offering about $1.4 billion.

0 TMAC
monir2
@monir2 in Status·6 months ago

Assalamualaikum. How are you all Alhamdulillah I am fine.

#news #tmac

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ajcardib
@ajcardib in Status·6 months ago

Resist Impulses to Label Yourself with Descriptions that Limit You in Any Way. #lifestyle #nature #truth

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mustafaghanchi87
@mustafaghanchi87 in Status·6 months ago

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