mazel

Web3.0 lover|| SOL/BNB/ETH holder|| just out here building my brand. Aspiring crypto influencer.

[mazel @Crypto_Mazel]

@Promirexy This is a clean break down Rexy

[Crypto_Rexy🧘‍♂️ @Promirexy]

A hardware wallet does not have to be physically touched to lose your Bitcoin

The Coldcard incident is a perfect example

A five year old firmware flaw allowed attackers to reconstruct weak private keys offline and drain funds from thousands of addresses

Here is what actually happened and what it means for self custody 🧵 🧵

[mazel @Crypto_Mazel]

@Promirexy Gm legend

[mazel @Crypto_Mazel]

@Promirexy I don’t think anyone saw this coming

[Crypto_Rexy🧘‍♂️ @Promirexy]

Saylor hinted last week that Strategy was buying more Bitcoin

Now Strategy has sold 1,690 BTC for $108.6M

That’s a worrying shift in behavior

Strategy has built its entire reputation around buying and holding Bitcoin

So when it starts selling after signaling more purchases, it raises questions about what changed behind the scenes

If Strategy is starting to sell instead of consistently accumulating, that could weaken one of Bitcoin’s biggest institutional demand narratives

One sale isn’t enough to confirm a trend

But it’s definitely a bearish signal worth watching

[mazel @Crypto_Mazel]

@Promirexy That’s adoption in play

[Crypto_Rexy🧘‍♂️ @Promirexy]

Wells Fargo is entering the tokenized deposits race

Banks aren’t fighting stablecoins anymore

They’re starting to copy the blueprint

Wells Fargo announced tokenized deposits for corporate clients starting this fall

The pilot will enable 24/7 USD to GBP settlement on Wells Fargo’s own blockchain, with more currencies expected to be added through 2027

This makes Wells Fargo the third major US bank moving in this direction after JPMorgan and Citi

But here’s the important difference between tokenized deposits and stablecoins

Tokenized deposits remain within the regulated and insured banking system

So the money still sits with the bank, but moves on blockchain rails

The bigger picture is simple

Banks are no longer asking whether blockchain has a place in finance

They’re figuring out how to use it to make traditional banking faster and more efficient

[Crypto_Rexy🧘‍♂️ @Promirexy]

Gm legends 🧘‍♂️

Don’t let last week’s losses, mistakes or slow progress convince you that you’re behind

Your goals still matter

Lock in and make this week count

[mazel @Crypto_Mazel]

@Promirexy Good morning legend

[mazel @Crypto_Mazel]

@Promirexy Good morning legend

[Crypto_Rexy🧘‍♂️ @Promirexy]

This is a brutal reminder that crypto still trades like the risk asset it claims to be leaving behind

When capital has a choice between commodities, equities and crypto, it clearly hasn’t been choosing crypto lately

The bigger question now is what catalyst brings that capital back and I think that is where the CLARITY ACT comes in 🧘‍♂️

[mazel @Crypto_Mazel]

@Promirexy Need to watch out for this too

[Crypto_Rexy🧘‍♂️ @Promirexy]

The market rewards preparation before it rewards conviction

Before next week begins there are three dates I already have marked on my calendar

👉 Tuesday Aug 11
Pi Network Mainnet upgrade deadline

👉 Wednesday Aug 12
US CPI print coming after last Fridays ugly jobs report where 23K jobs were lost instead of gained

👉 Same day
Aptos unlocks around 11.31M APT representing 0.54 percent of supply at 2am UTC

None of these events tell us what price will do

But they tell us where attention and volatility could shift

You do not need to predict every move

You need to know what is coming before the move happens

Stay calm, Stay early 🧘‍♂️

[mazel @Crypto_Mazel]

@Promirexy I don’t think I can last a minute on this 💀

[Crypto_Rexy🧘‍♂️ @Promirexy]

How is your weekend going?

I just completed a 5 minutes straight hand plank position exercise

That’s how my weekend is going 🧘‍♂️

[mazel @Crypto_Mazel]

@Promirexy This makes me understand this better now

[Crypto_Rexy🧘‍♂️ @Promirexy]

𝕏 just replaced Revenue Sharing with the Original Content Rewards Program

This is a major change for creators here on 𝕏

And here is everything you need to know about how the new system works what qualifies and what you need to change

🧵🧵🧵

[mazel @Crypto_Mazel]

@Promirexy Both taking it from a different approach

[Crypto_Rexy🧘‍♂️ @Promirexy]

Two countries

Two completely different approaches to crypto regulation

Thailand recently announced a 0 percent capital gains tax on crypto traded through licensed platforms until 2029

Nigeria on the other hand is moving in a different direction with a 15 percent transaction duty and up to 25 percent tax on capital gains while requiring users to have a tax identification number

On paper both countries are trying to achieve the same thing

Bring more crypto activity into regulated channels

The difference is how they plan to get there

Thailand is rewarding people for becoming compliant

Nigeria is asking people to pay to become compliant

Thailands strategy is simple

Give up tax revenue in the short term attract global capital build a stronger crypto hub then recover that value through higher activity investment and reputation

That approach works because Thailand already has a functioning licensing framework with regulated platforms ready to support the policy

Nigeria starts from a completely different position

An estimated 22 to 26 million people are already using crypto with much of that activity happening through informal P2P markets

The challenge isnt attracting users

The challenge is bringing an already massive market into visible regulated channels before it becomes even harder to oversee

A zero tax model in Nigeria today could formalize a huge market without generating meaningful revenue for the government

So while Thailand is incentivizing adoption

Nigeria is incentivizing compliance

Different starting points and different priorities

That is why neither approach is objectively better from a policy perspective because both governments are solving different problems

But if the question is which system benefits the average crypto holder more

Thailand clearly has the advantage

Zero percent capital gains tax will always be more attractive than paying transaction duties and progressive taxes on gains

Nigeria isnt wrong for taxing an already established market

Thailand isnt wrong for subsidizing one it is still trying to grow

The important thing is understanding that both governments are still experimenting with different models

The long term winner will be the one that creates the right balance between innovation regulation and sustainable growth 🧘‍♂️

[mazel @Crypto_Mazel]

@XxomyE @Promirexy Only one way to find out bro 👀