Upside GM 👋

Upside GM 👋

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Upside is Vietnam’s largest community of long-term crypto investors — powered by @WeTheIvy, a Web3 Media Company. @TheIvyNFT is our official NFT collection

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HOW ARE TRADITIONAL BANKS "PLAYING BIG" WITH DIGITAL ASSETS? Many people still think that banking and blockchain are two parallel worlds that don't intersect. But Nam A Bank (Nam A Commercial Joint Stock Bank) is proving otherwise 👇 💳 More than just a place to deposit money According to Mr. Vo Hoang Hai (Deputy General Director of Nam A Bank), the bank is building a 24/7 payment infrastructure to bridge the gap between fiat currency and digital assets. All transactions are transparently verified, giving investors more peace of mind when participating in this new market. 🏦 Next-generation financial services This bank is expanding into two areas previously only seen in crypto exchanges: > Digital asset custody, which means managing and safeguarding encrypted assets according to financial institution standards. > Digital asset-backed lending means you can use crypto to borrow Capital, increasing leverage without having to sell physical assets. Sound familiar? Mortgage lending is something the DeFi industry and foreign crypto exchanges are doing, but now a formal bank in Vietnam will be offering it. 🔗 Tokenize of Real Assets (RWA) This is the most noteworthy part. Nam A Bank will support the Tokenize of stocks, bonds, real estate, etc., making these "hard-to-reach" assets more accessible to retail investors. "Financial institutions will not stand aside from the digital asset trend. They will get deeply involved, from legal aspects to technology, to ensure the market operates properly," Mr. Vo Hoang Hai affirmed. (Based on content Chia at the Talkshow "Ho Chi Minh City International Financial Center: What impetus will this give to Vietnam's digital asset market?", March 10th) twitter.com/gm_upside/status/2...

In 2017, the State Bank of Vietnam issued a document stating that using Bitcoin as a means of payment is prohibited. In 2026, the Ministry of Finance is drafting a plan to tax it. Vietnam took nearly 10 years to go from "prohibiting" to "taxing". Below is the entire roadmap 👇 🧵 (1/5) twitter.com/gm_upside/status/2...

🔼 Dual Investment and How to Earn Returns in Both Bullish and Bearish Markets Most crypto investors fall into two states: holding and waiting for the market to rise, or trading continuously and gradually losing profits due to fees and emotions. But there's another approach: transforming a buy low – sell high plan into a strategy that can generate returns while waiting for the market to move. That's the idea of Dual Investment – allowing you to pre-set your desired buy or sell price while still earning returns in the meantime. This structure can work in bull, bear, or sideways markets, as long as you clearly define the price you're willing to trade at. 👉 coin98.net/dau-tu-kep-coinex…

THE INTERNET LABOR MARKET: WILL THE NEXT WAVE OF CRYPTO COME FROM... JOBS? 🚀 For many years, there was only one path into the world of crypto: buying Token. Buying Bitcoin, Ethereum, Solana... and then waiting for the price to go up. That's the familiar story for millions of people. But the Venture Capital @multicoin, one of the biggest names in the industry with a multi-billion dollar fund, has just bet on a completely different scenario. "Earn" instead of "Buy" 💡 Multicoin Capital calls this model Internet Labor Markets (ILM). The core idea is that instead of buying Token, people work and get paid in crypto. Sounds like a normal job, right? But the difference is that this job can come from anywhere in the world, is automatically verified by blockchain, and pays instantly. No invoices, approvals, or bank transfers needed. So what does "labor" mean here? 🔧 It's not just about office work or programming. Types of contributions can include: > Chia idle internet bandwidth (like the Grass network on Solana). Labeling data to train AI. > Report local information and verify factual events. Contributing computing power to decentralized systems. Multicoin believes this model will surpass DePIN – the "plug in hardware to earn money" trend that's currently very popular on the Solana ecosystem. Instead of just plugging in a device and leaving it idle, users will actively contribute their intelligence and time. AI and Crypto: An Unexpected Duo 🤝 In this model, AI is not the enemy of workers; quite the opposite. As AI helps companies downsize their core workforce, the demand for flexible, on-demand labor is skyrocketing. Who will check the quality of the data AI generates? Who will judge what machines can't do? It's humans, of course. And blockchain will be the "thread" connecting 50,000 people worldwide to perform a task together, with transparent verification and instant payment. 🌏 If this scenario becomes a reality, the next wave of crypto users will not be speculative investors, but ordinary people who earn crypto from their daily jobs. twitter.com/gm_upside/status/2...

THAI CARGO SHIP ATTACKED NEAR THE HORMUZ STREAM, GAS PRICES MAY SOAR AGAIN! ⚠️ Courage isn't always rewarded. 23 sailors aboard the Mayuree Naree faced danger in the world's "hottest" waters. On March 11th, a Thai cargo ship was attacked while transiting the Strait of Hormuz, a vital global energy shipping route. 20 sailors were rescued by the Omani Navy, but 3 remain missing. On the same day, at least 3 other cargo ships caught fire near the area after being hit by unidentified objects. There were even reports of Iran laying mines in strategic shipping lanes. The US claims to have destroyed 16 Iranian ships in retaliation 🥶 Looks like the gas station queues are going to get even longer, guys 😬 How long do you think the fighting will last? twitter.com/gm_upside/status/2...

FOR THE FIRST TIME IN HISTORY: VIETNAM HAS OFFICIAL ACCOUNTING REGULATIONS FOR CRYPTO, AND THIS CHANGES EVERYTHING! 🔥 Are you involved in business, investment, or work related to crypto in Vietnam? Stop and read this article right now, because what you've been waiting for has officially arrived! On March 4th, the Ministry of Finance issued Circular No. 15/2026/TT- BTC. For the first time in history, Vietnam has a legal document providing specific guidance on accounting practices for organizations participating in the cryptocurrency market. No more gray areas, no more guesswork! SO WHO IS DIRECTLY AFFECTED? 🎯 The circular targets three main groups: > Crypto exchanges & custodians Token Issuance Domestic investors are businesses and organizations. KEY POINT THAT FEW PEOPLE NOTICE 💡 Client crypto assets deposited with the exchange must be accounted for completely separately from the exchange's own assets. Client coins belong to the client; the exchange is not allowed to include even a single coin in its books. Sound familiar? This is the painful lesson from the collapse of FTX in 2022, when the exchange treated customer funds as its own. Vietnam is proactively preventing that scenario from happening from the outset. WHAT ELSE IS NOTABLE? 📋 Crypto trading activities conducted by exchanges will be accounted for similarly to securities trading. However, the circular clearly emphasizes that this does not mean crypto is securities. It simply borrows accounting methods for convenience. Organizations that Token Issuance for Capital purposes must account for them as... debt. It sounds harsh, but it accurately reflects the economic nature of this activity. Institutional investors buying and selling crypto will account for their investments similarly to regular financial investments, depending on whether their goal is short-term or long-term holding. WHY IS THIS AN EXTREMELY POSITIVE SIGNAL? 🚀 The Vietnamese crypto market is entering a truly professional phase. With clear accounting practices, businesses will dare to invest systematically. Banks will dare to lend. Foreign investors will dare to inject Capital. This is a prerequisite for Vietnam to officially integrate with the global digital asset market! ⏳ This circular takes effect immediately from the date of signing and applies to the entire fiscal year 2026. twitter.com/gm_upside/status/2...

BTC $69K – WHAT'S NOTABLE IN THE CRYPTO MARKET OVER THE PAST 24 HOURS? 📌 Crypto News Nasdaq is partnering with Kraken to distribute tokenized shares globally through the xStocks framework. > Virtuals Protocol, in collaboration with the Ethereum Foundation, developed ERC-8183, a new standard on Ethereum that allows AI agents to transact with each other trustless, using on-chain escrow. Sonic Labs announced USSD, the network's native stablecoin, backed by USD and built on Frax's GENIUS infrastructure. 📌 Institutional Cash Flow & Treasury Strategy purchased an additional 17,994 BTC at an Medium price of $70,946/ BTC, bringing its total holdings to 738,731 BTC. Bitmine purchased an additional 60,976 ETH, bringing its total ETH to 4,534,563 ETH. Circle announced that native USDC and CCTP are now officially operational on the EDGE chain. Coinbase and Paxos used USDC and PYUSD to pay insurance premiums to the $86 billion insurance company, Aon. 📌 AI x Crypto Brian Armstrong (CEO of Coinbase) believes that in the future, AI agents may outnumber humans on the blockchain. While AI may not be able to open bank accounts, it could certainly own crypto wallets. Anthropic launches Code Review feature for Claude Code. 📌 on-chain & Protocol Hyperliquid HIP-3 markets reach $1.2 billion in Open Interest – a new ATH. Vitalik Buterin stated that the Ethereum Foundation is Stake approximately 72,000 ETH via DVT-lite, with the aim of: decentralizing the validator and increasing the decentralization of the network. 📌 Non-Fungible Token & Gaming Pudgy Penguins launches Pudgy World, a free-to-play browser game. The Gondi Non-Fungible Token Marketplace has patched the Sell & Repay contract vulnerability, which was exploited by hackers to steal 78 Non-Fungible Token. The project also announced compensation for affected users. twitter.com/gm_upside/status/2...

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