Discover and read the best of Twitter Threads about #CryptoTwitter

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๐Ÿงต

A beginner's guide to securities in the world of #crypto! ๐Ÿš€

๐Ÿ”’ What is a #security?

In simple terms, a security is a type of financial asset or investment instrument.

It represents something of value that you can trade, like stocks or bonds. ๐Ÿ“Š๐Ÿ’ฐ
๐Ÿ”’ How is a #crypto determined to be a security?

Well, it depends on its characteristics and how it's offered to investors.

In the US, the Securities and Exchange Commission (SEC) uses the "Howey Test" to evaluate this. ๐Ÿงช
๐Ÿ”’ The #Howey Test asks:

Does the investment involve putting money into a common enterprise with the expectation of profits primarily from the efforts of others?

If the answer is yes, it's likely considered a #security. ๐Ÿ“โœ…
Read 10 tweets
The Manhattan Project Hack: Atomic Walletโ€™s Nemesis
Atomic Wallet, the prominent non-custodial wallet with over 5 million users, has reportedly been subjected to an explosive cyber-attack. Users took to Twitter with some reporting complete losses of their crypto portfolios. twitter.com/i/web/status/1โ€ฆ Image
At the time of writing this article, speculation seems to be that the attack could be a supply chain hack. This would suggest that Atomicโ€™s source code was tampered with on the server side with users unwittingly updating to or downloading the maliciously affected version.
While the exact details and fallout are still unclear, some users have reported losses โ€œexceeding six figuresโ€. This comes at a challenging time for Atomic Wallet, as theyโ€™re already under the microscope for liquidity issues with their native AWC token, and the listing of $BEN.
Read 10 tweets
I've been seeing a lot on #BRC20
and #Bitcoin Ordinals and I'll be honest, I don't have a clue what these were. So I decided to change that.

Let's talk about it! ๐Ÿงต

Understanding BRC-20 Tokens and Bitcoin Ordinals ๐ŸŸ ๐ŸŸข

#crypto #cryptothread
BRC-20 tokens are a new experimental standard for creating and transferring tokens on the #Bitcoin blockchain. They work similarly to Ethereum's ERC-20 tokens but with some differences. However, it's important to note that BRC-20 tokens are still in the experimental stage.
BRC-20 tokens were made possible through the Ordinals protocol, which allows for the inscription of data on individual satoshis (the smallest unit of Bitcoin). This enables the creation of fungible tokens on the Bitcoin network. #Ordinals #Bitcoin
Read 16 tweets
Ahoy, me hearties! Gather 'round and set your sights on the horizon๐Ÿซฃ, for there be great news from the #Metis crew. Aye, it be true, #Metis be preparing to unleash the full force of their Aave incentives, and it be just a matter of months. And mark me words,
๐Ÿงต (1/13) #Airdrops Image
this be no ordinary eventโ€”it be a blast that'll make heads spin and leave no face un-melted!
Now, some landlubbers may have cast doubt upon the lack of incentives during the initial deployment, but let me tell ye, that be a positive sign. (2/13) #Cryptotwitter
It means all the firepower be stashed away, ready to be unleashed when the time be ripe. The Metis season be upon us, and it be a force to be reckoned with.
Just take a gander at the precedents set by other platforms like Avalanche, Polygon, and Optimism. (3/13)
Read 13 tweets
Huge! This will one day connect with #Enigio & #XDC!

#Swift + #CargoX #CXO + #edox online! #Blockchain #Interoperability #CryptoTwitter

You can read about my research into CargoX & DCSA I wrote in Nov 2022 with the @GenfinityIO LightHouse Report!

lighthouse.genfinity.io/edition-5/the-โ€ฆโ€ฆ twitter.com/i/web/status/1โ€ฆ ImageImage
@GenfinityIO Link to Swift Write up of my highlighted notes:

Connecting digital islands: Swift supports trade digitisation with new interoperability trials | #Swift #CXO #CargoX scrible.com/s/eztSO
@GenfinityIO Link to Swift Article with my highlighted notes:

Connecting Digital Islands:

Swift supports trade digitisation with new interoperability trials | #Swift #CXO #CargoX scrible.com/s/eztSO ๐Ÿ“

(Just Updated The Visual Mindmap from Nov 2022 @GenfinityIO LightHouse Articleโ€ฆ twitter.com/i/web/status/1โ€ฆ Image
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1/10 ๐Ÿงต๐Ÿ”ฎ #CryptoNews: Gemini's latest update states that Digital Currency Group (#DCG) missed a $630M payment due to Genesis last week ๐Ÿ’”

๐Ÿค” As complex as it sounds, let's break it down in #crypto language

๐Ÿงต

$GEMINI $DCG $GENESIS Image
2/10 Gemini is now working alongside #Genesis, #DCG, and their creditors to provide some leeway to DCG to prevent a default. This could be a game-changing move in the crypto lending space. ๐ŸŽฒ
3/10 Both Genesis and #CoinDesk are owned by DCG. This is significant because it means there's a lot of interconnection within the crypto industry, and one misstep can cause a domino effect. ๐ŸŒ
Read 10 tweets
1/10 "๐Ÿ”ฅA Week of Crypto Highs and Lows: Top 7 Highlights๐Ÿ’ฅ" A thread!
2/10 ๐Ÿ“‰ #Bitcoin Volatility & Drop in Prices: All of crypto faced headwinds due to low liquidity and regulatory scrutiny. #Bitcoin traded at its lowest since mid-March.
3/10 ๐Ÿš€ #Ethereum's All-Time High in Staked ETH: The network saw a significant amount of $ETH being staked, hitting an all-time high of 10%, while maintaining stable prices.
Read 10 tweets
Are you looking for the next $PEPE ??

If yes, then this post is for you and it's important you read this ๐Ÿ‘‡๐Ÿ‘‡

Here's a ๐Ÿงต:

In the #MemeCoinSeason it's easy to get caught up in the hype of a single project or coin.
#FOMO can be strong, and it can be tempting to go all in on a project that seems to be blowing up.

However, it's important to remember that investing is a long game, and chasing after the next big thing can often lead to disappointment and loss.
This is especially true when it comes to meme coins, like $PEPE, which has blown up but is now unpredictable.

One of the most important lessons to learn as an investor is to avoid putting all your eggs in one basket.
Read 10 tweets
Social development is a critical aspect of a child's overall growth and well-being. It involves learning to interact with others, understand social norms, and develop relationships with family, friends, and peers. ๐Ÿ‘‡ย A thread. ๐Ÿ”ฅ๐ŸŒ Image
1/๐ŸŒ Social development starts early on in a child's life, even before they start speaking. Babies as young as a few months old can recognize familiar faces and respond to social cues.
2/๐ŸŒ As children grow, they start to develop more complex social skills, such as turn-taking, sharing, and empathy. These skills are essential for building positive relationships and establishing a sense of belonging.
Read 9 tweets
1. Alt season refers to a period when alternative cryptocurrencies, also known as altcoins, experience significant price increases and outperform #Bitcoin, the most well-known cryptocurrency. It's a time when investors eagerly seek out potential gems in the crypto market.
2. Alt season is often characterized by a surge in trading volume, increased attention from the media and social media influencers, and a general sense of enthusiasm among crypto enthusiasts. It's a time when smaller, lesser-known projects have the chance to shine in the industry
Read 13 tweets
1. Airdrops are when a project distributes free tokens to its community members as a way to promote their platform or reward their supporters. It's like getting a surprise gift in your crypto wallet.
2. One of the reasons why airdrops are popular is that they allow people to participate in a project's ecosystem without having to invest money upfront. It's a way for projects to build a strong community from the ground up
Read 10 tweets
๐Ÿ’Ž@BanklessHQโ€™s podcast with @cburniske is a gem.

Iโ€™ve summarized the key points and added a suggestion for Chris at the end.

๐Ÿ“ฝ๏ธ

๐ŸงตFrom a 22k word transcript โ†’ 1.6k word thread
๐ŸŽ™๏ธChris Burniske talks about his conviction in #Ethereum during 2018-2019 bear market. Despite negativity & loss of faith, he & @placeholdervc continued investing in $ETH & its ecosystem.

#Crypto #Investing
๐Ÿš€Projects backed by Placeholder include zkSync, Balancer, and Uma. Chris highlights that they found amazing valuations and top-notch teams in the #Ethereum space, with less competition from VCs during that time.

#DeFi #CryptoProjects
Read 61 tweets
OpenBetAI Mega Update:
๐Ÿšจ๐Ÿšจ๐Ÿšจ๐Ÿšจ๐Ÿšจ๐Ÿšจ๐Ÿšจ๐Ÿšจ๐Ÿšจ๐Ÿšจ

TLDR version: $OpenBet holders will get 100% of casino revenue until the second casino is out. Holders will get a chance to stake their $OpenBet to receive 75% of ALL PLATFORM REVENUES of the on-chain second casino!

A๐Ÿงต 1/8 ImageImage
What a week!! OpenBetAI saw an astounding ecosystem stirring +108% increase on the price chart ๐Ÿ˜ฆ

The party capital of Arbitrum is far from being done, we want to keep the ball rolling and establish ourselves as the preeminent GambleFi project on Arbitrum or any chain.

2/8
โœ…First matter of business, the casino revenue for holders will be 100% ๐Ÿคฉ instead of 50%. This favorable arrangement will last until the Grand Opening of the second casino

3/8
Read 8 tweets
๐Ÿงตon $BAX

During the #bankingcrisis people are losing faith in #traditionalbanking system. Users cannot access their funds, stock prices are plummeting, and impending #CBDC. THE WORLD NEEDS ANOTHER VIABLE SOLUTION!
$XRP $BTC $ETH #remittance #CryptoTwitter #cryptocurrency
/18
Bank Accounts Based on Blockchain (#BABB) was created by @Rushdaverroes in 2018. The goal was to leverages #blockchain, biometrics and machine learning to offer revolutionary decentralized banking services for people across the globe building a new global banking network!
/2
@getbabb intrinsic design has proven to be next generation as they offer a bank account on the #BABB platform, compliant with UK regulations, available to any eligible person or business in the world, instantly, without the need for a UK address or credit history.
/3
Read 20 tweets
๐Ÿš€๐ŸŒ• 5 Hilarious Ways #Crypto and @Twitter are Intertwined! #CryptoTwitter @elonmusk #RichQUACK $QUACK

A Thread ๐Ÿ‘‡
@Twitter @elonmusk 1/ ๐Ÿค– AI-powered Crypto: Did you know crypto trading bots are now programmed to invest based on @elonmusk's tweets? Just kidding (or am I?)! It seems like the crypto market dances to the tune of the Technoking's tweets. ๐Ÿ’ƒ #Cryptonomicon $QUACK
@Twitter @elonmusk 2/ ๐Ÿ’ฌ Meme Magic: Remember when #DogeCoin went to the moon? ๐ŸŒ• One tweet from @elonmusk and it skyrocketed! The power of memes and Twitter's undying love for them keeps the crypto world laughing and trading. ๐Ÿš€๐Ÿถ #DogeToTheMoon $QUACK
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1/ ๐Ÿงต Demystifying Crypto Taxes: An Introduction to Taxable Events, Calculations, Record-Keeping, Strategies, and Pitfalls. A thread to help you navigate the world of #cryptocurrency taxation $QUACK #RichQUACK #CryptoTwitter ๐Ÿ‘‡
2/ ๐Ÿ’ฐ Tax treatment of cryptocurrencies: Tax authorities worldwide treat cryptocurrencies as property, not currency, meaning you're taxed based on capital gains/losses when you sell, trade, or use them. Each jurisdiction has its specific tax regulations. $QUACK ๐ŸŒ
3/ ๐Ÿ“ˆ Common taxable events:
a) Trading crypto-to-crypto or crypto-to-fiat
b) Selling crypto for goods/services
c) Earning crypto from mining, staking, or other activities
d) Receiving crypto as income (e.g., salary or freelance work)
$QUACK
Read 11 tweets
Hey Twitter fam! Are you looking for ways to improve your crypto investment or trading strategy? In this thread, we'll be sharing tips and tricks we learned that you can apply to your strategy this month. Let's dive in! #crypto #investmenttips $QUACK #CryptoTwitter
Thread ๐Ÿงต๐Ÿ‘‡
1. Don't chase the hype. While it may be tempting to invest in the latest buzzworthy coin, it's important to do your research and make informed decisions based on the coin's fundamentals and long-term potential. #DYOR #investmentstrategy $QUACK
2. Consider dollar-cost averaging. This is a strategy where you invest a fixed amount of money at regular intervals, regardless of the coin's price. This can help reduce the impact of market volatility and potentially lead to better returns over time. #DCA $QUACK
Read 12 tweets
๐Ÿชข Chainge's cross-chain roaming is the only universal interoperability solution that is decentralized, multi-operational and 100% secure.

๐Ÿค“ Let's get techy and find out why + how any project can go full #crosschain & aggregate top liquidity by integrating our SDKs:

๐Ÿงต๐Ÿ‘‡ Image
So why is our interoperability solution superior?

1โƒฃ Multiple cross-chain operations performed simultaneously. Assets become chain-agnostic.

Eg: #USDT spread across 12 CHAINS can be instantly "bridged" to 1 destination chain OR swapped with one tap, within 2 minutes.
2โƒฃ Chainge is the ONLY aggregator that CAN aggregate liquidity cross-chain. Meaning we are the most liquid DEX aggregator on the market, offering the absolute best prices.

A cross-chain aggregated swap implies it being split on multiple liquid chains: Image
Read 9 tweets
#24 #AlephiumReadingList

Never stop reading ๐ŸŽ‰

Read, learn, buidl! Image
1/

@0xRainandCoffee & @Maven11Capital on different types (or flavours) of Merkle Trees

maven11.substack.com/p/from-linked-โ€ฆ
2/ @zooko thoughts about governance and a Founder's role, using a @VitalikButerin blog post as food for thought.
Read 10 tweets
โž• โž– CALCulated Thinking โœ–๏ธโž—

Episode #6: Action Bias

Did you know that humans often favor action over inaction for the sole reason of doing SOMETHING?

A๐Ÿงตon the behavioral phenomenon that could be costing your portfolio dearly ๐Ÿ“‰ Image
Let's begin by familiarizing ourselves with some typical -Action Bias- daily scenarios:

๐Ÿ‘‰ The driver who is late to a meeting and is constantly changing car lanes in traffic when there is no clear indication that one is faster than the other.
๐Ÿ‘‰ The desperate football coach making unplanned tactical changes during a football match to avoid the perception by fans and management that "nothing is being done".

๐Ÿ‘‰ When we desperately smack our PC with the hope that the windows update goes any faster.
Read 20 tweets
I'm calling it now. The #FTX implosion was supposed to be a coordinated controlled demolition of retail crypto followed by CBDC rollout/regulatory crackdown by Biden Admin, SEC, WEF, et-al, but it went off before they could all get out of the way. ImageImageImage
Complicit VC's helped suck retail liquidity out of market, much going to Democrats in the form of donations. SBF himself was the 2nd largest donor to Democrats behind Soros. His aunt Barbara is WEF, and launched Dem leaning political operations just before launch of #FTX. ImageImage
Meanwhile, SBF and FTX were consulting with SEC on new regs, hiring former CFTC employees, testifying on Capitol Hill, and exhibiting some extraordinary regulatory capture cred for a 3 year old start-up run from a swingers dorm in the Bahamas. ImageImageImageImage
Read 11 tweets
1/12 What would happen with CT and #crypto as an industry if @elonmusk really bought @Twitter?

Will the #cryptocommunity see a new concept of Twitter? Will the market change the course and get bullish?

Let's find out together!

A thread by @esatoshiclub! ๐Ÿงต
2/12 The acquisition of Twitter has been very messy so far. Leaked texts, trials, lawsuits and a bunch of nonsense bull*hit.

However, #ElonMusk sold @Tesla stocks in bulk, getting nearly $6.8 million in cash. So, we have reasons to believe he will go for it!
3/12 Before getting into the consequences of that investment, let's remember the connection between #Tesla's CEO and #cryptocurrency.

@elonmusk is well known for pumping the price and getting profit out of #memecoins. Yes, we are talking about @dogecoin.
Read 11 tweets
This is How Influencers Make Money by Dumping on You.

A Threadโ€ฆ.๐Ÿงต

1/
A Crypto Project / NFT Project is Getting Ready to Launch.โšก๏ธ๐Ÿช™

2/
The #influencer will tell you they are researching good projects that are 10X gems and 100x gems projects.

The project can be some NFT Project, Defi Project, Web3 & Metaverse Project, Gaming Project, etc.

#web3 #Gaming #Metaverse

3/
Read 16 tweets
There is a lot of talking around #Footprint #charts in #cryptotwitter lately. Many people smash them on their templates without even knowing the basics of #DOM reading, making many mistakes when interpreting them. This thread will get you covered ๐Ÿงต๐Ÿ‘‡
#Footprint candlesticks were first introduced to the public by Market Delta back in 2003. The most famous one is the Bid x Ask split view and most traders' first approach with Footprints is with this kind of visualisation, which is helpful on thick, liquid markets, like bonds. Image
One of the most common mistakes that inexperienced traders make is comparing orders that hit the Bid (left side) with those that lift the offer (right side) horizontally.

The interaction among market participants always happens diagonally from the Bid to the Ask.
Read 17 tweets

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