✖️Brazil has officially blocked 𝕏 (Twitter) due to Elon Musk's refusal to appoint a company representative in the country - anyone caught using a VPN to access the social network will be fined up to $8,874 per day.

🇺🇸 The US is getting serious about regulating cryptocurrencies - in September 2024, the US House Financial Services Committee will begin discussing issues related to cryptocurrencies, including DeFi, fraud, and the activities of the US Securities and Exchange Commission (SEC).

In total, several hearings are expected. The first will take place on September 10, two more on September 18, and the most important one, where the SEC will testify, is scheduled for September 23.

BTC reserves on centralized exchanges hit a new yearly low, which could ease selling pressure and be a catalyst for a retest of $60,000.

🇸🇻El Salvador President Nayib Bukele has acknowledged that Bitcoin has not achieved the widespread adoption that everyone had hoped for, as the country’s experiment in legalizing the cryptocurrency has produced mixed results.

Despite its limited success, Bitcoin has improved El Salvador’s “branding,” attracted foreign investment, led to a surge in tourism, and led to a number of crypto companies opening offices in the country.

Bukele also trolled TIME journalists: “I put on a dark suit to look more authoritarian.”

🇷🇺 Russians have shown great interest in mining after the adoption of the relevant law — clear rules of the game in the industry have attracted large players with large funds to the market.

Cryptocurrency mining equipment distributors report that the number of purchase requests has increased exponentially against the backdrop of news about the adoption of the bill.

🐸 Billionaire Sergey Weinstein's daughter lost BTC worth 112,000,000 rubles — in 2023, Alexandra bought a hardware crypto wallet through friends, put coins on it and left it for safekeeping with a friend.

A few days ago, when trying to sell BTC, she discovered that the wallet was empty.

🇺🇸 Warren Buffett's Berkshire Hathaway continues to sell shares - this time, Bank of America shares worth almost $1 billion went into the glass.

The company currently has a record $278 billion in cash and this figure is likely to increase. Are we expecting a big correction?

🕵️‍♂️ As Chainalysis noted in a new report, the average lifespan of crypto scams in 2024 has dropped to 42 days - in 2020, this figure was 271 days.

Most often, scammers use "pig butchering", when the victim is gradually fattened up, let them earn a little and grow fat, and then put them to "slaughter".

🪙 Vitalik Buterin suggests lowering the entry threshold for staking from 32 ETH to 16-24 ETH.

This will be useful both for staking availability and for scaling.

As a result, Vitalik wants to lower the minimum deposit to 1 ETH.

🇪🇸 BBVA, one of the largest banking companies in Spain, will launch its own stablecoin in 2025 — Visa is participating in the development of the digital currency.

It also became known that Visa presented its platform for tokenized assets (RWA).

🔍 Google will use nuclear power to develop AI - the tech giant wants to get a huge amount of "green energy" to compete with Microsoft.

Earlier, Microsoft signed a contract with Constellation Energy - the deal involves restarting the nuclear reactor at the Three Mile Island station, which was closed in 2019 for economic reasons.

❄️ Over the weekend, Tether froze another address with a balance of 5,500,000 USDT.

The company itself, of course, always states that honest crypto users have no reason to worry, and this only applies to fraudsters' accounts.

🇨🇳 Chinese giant Huawei has integrated the digital yuan (CBDC) into its HarmonyOS NEXT operating system, which is used by more than 1 billion people.

🤡 Elon Musk continues to scam to breed shitcoins, today it's Percy Verence's turn.

DegenSpartan hasn't tweeted for the last 2 years, then yesterday came back and RTing this.

This tells you everything.

And we're back...

say what you want about the thesis, but this is extremely good writing. made me read every word, because the flow in the text was so good.

protocols, VCs and KOLs should learn from him.

https://fxtwitter.com/MiyaHedge/status/1958577530278945212