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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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Upside GM 👋
🏦 BIS prepares to test a blockchain system using real money to accelerate global payments. The Bank for International Settlements (BIS), seven central banks, and more than 40 financial institutions are preparing to test Project Agorá, a cross-border payment system running on blockchain technology, this time using real money. Money will be converted into Token and run on a shared ledger, allowing banks to transact directly with each other instead of going through multiple intermediary banks as is currently the case. Participating in the trial are the Federal Reserve Bank of New York, the European Central Bank, the Bank of Japan, the Bank of England, along with JPMorgan, UBS, Deutsche Bank, Mastercard, and Visa. (Source: Crypto Times) Blockchain technology is being applied more and more widely, and the crypto market... 😵‍💫 twitter.com/gm_upside/status/2...
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Upside GM 👋
05-27
Bankless co-founder sells all ETH, but not because he dislikes Ethereum 🤔 David Hoffman, co-founder of @Bankless and one of the most persistent bullish ETH voices for many years, has just announced that he has sold all of his ETH . He sold because he felt the argument "ETH is Money" had essentially come true. Ethereum had reached a market Capital commensurate with its performance, and he saw little chance of ETH experiencing significant increases or decreases. Therefore, he shifted Capital to other opportunities in the market. Hoffman remains very bullish on the Ethereum network. It's just that Ethereum's architecture is designed to concentrate value in applications, Layer 2 , and stablecoins running on it, so most of the value doesn't flow directly back to ETH itself. According to him, Ethereum is a network that "gives more than it takes," and that is both a noble quality and the reason why ETH is unlikely to become the phenomenal asset that initially was expected to appreciate in value. 👉 The ETH bullish king has surrendered, who else is stubbornly holding $ETH? Raise your hand! twitter.com/gm_upside/status/2...
ETH
0.59%
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Upside GM 👋
05-26
Did someone just burn 107 Bitcoin? 😱 According to the on-chain tracking account SaniExp, a wallet recently sent 107 BTC (~$8.2 million) to the well-known Bitcoin burn address 1111111111111111111114oLvT2, Chia into 5 transactions. 🔴 This address has no private key, so any coins sent here are lost permanently and cannot be recovered. Why do you think someone would be willing to burn $8.2 million like that? It's likely they intentionally pulled a big stunt to gain notoriety, because they need to know the wallet address for burning funds to send the money to, and they have to enter the correct address. It couldn't have been an accident or that I gave the phone to my child to play with and they accidentally transferred the money 🤔 twitter.com/gm_upside/status/2...
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