Wesley Michalczyk

Crypto/NFT

[Wesley Michalczyk @WesMichalczyk]

According to the 🇷🇺 leader, the majority of the world is opposed to the West’s “neo-colonial” ideology.

[Wesley Michalczyk @WesMichalczyk]

1/2African countries’ debts totaling more than $20 billion were written off in the past year, Putin said on March 20. Putin also revealed that trade between 🇷🇺 and Africa had nearly reached $18 billion by the end of the year.

[Wesley Michalczyk @WesMichalczyk]

A recent study made by Fiserv shows that QR and digital wallets have grown significantly as payment options in 🇦🇷. While c. card preference has stagnated, the use of cash for payments has decreased, with only 14% of the polled choosing to use it over other options in the country

[Wesley Michalczyk @WesMichalczyk]

Local reports indicate that, while the most popular use case for the stablecoin involves its purchase for devaluation shielding purposes, a handful of companies are also harnessing it in this way.

[Wesley Michalczyk @WesMichalczyk]

Some companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers.

[Wesley Michalczyk @WesMichalczyk]

According to the committee, such a policy helps govern the use of crypto assets in the country “to ensure Kenya harnesses the benefits of financial innovation while minimizing the risks.”

[Wesley Michalczyk @WesMichalczyk]

The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards crypto assets and virtual asset service providers

[Wesley Michalczyk @WesMichalczyk]

2/2 Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto investors lost money from August 2015 to the end of 2022.

[Wesley Michalczyk @WesMichalczyk]

1/2 According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years.

[PlanB @100trillionUSD]

#bitcoin just broke the 200 week moving average🚀

[Wesley Michalczyk @WesMichalczyk]

The president of the Central Bank of 🇧🇷, Campos Neto, has clarified the status of the development of the 🇧🇷 central bank digital currency the digital real. C. Neto stated that the pilot test will start now and that banks will have to digitize more of their balances in the future

[Wesley Michalczyk @WesMichalczyk]

Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars.

[Wesley Michalczyk @WesMichalczyk]

💪💪💪

[ESPN @espn]

Breaking: Breanna Stewart is signing with the New York Liberty, she announced on social media.

[NY Knicks PR @NY_KnicksPR]

Immanuel Quickley is available for tonight’s game against Cleveland.

[Wesley Michalczyk @WesMichalczyk]

2/2 However, economist Mohamed El-Erian of the University of Cambridge believes inflation will become “sticky” in midyear, around 4%. The central bank, on the other hand, is primarily focused on reducing inflation to 2%

[Wesley Michalczyk @WesMichalczyk]

1/2 As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further.

[Wesley Michalczyk @WesMichalczyk]

Japan has reportedly urged other countries to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance.

[Wesley Michalczyk @WesMichalczyk]

Mark Cuban, the owner of the NBA team @dallasmavs, has warned that the next crypto implosion could come from “the discovery and removal of wash trades” on centralized exchanges.
https://t.co/eMZyDFkq5v

[Wesley Michalczyk @WesMichalczyk]

.@CalvariaP2E is a brand new play to earn gaming ecosystem that has been turning heads in the crypto industry over the course of the last few months, thanks to the work that they are putting in to improve the state of the play to earn battle card gaming industry

[Wesley Michalczyk @WesMichalczyk]

Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money he misappropriated.
#cryptobox #crypto