🚨 Bybit just delivered a masterclass in crisis communications after experiencing the largest hack in crypto history. The situation is still live, but they’ve already succeeded in calming markets.
It’s a teachable moment for the rest of us. Here’s what they did right—and why it matters. 🧵👇
🌟 Calling all Glue Community!
We're seeking 20 dedicated volunteers!
If you participated in the Validator/LBP/Fjord sale, 15 spots are reserved for Glue investors, and 5 are for other community members.
Tag an admin on Telegram to secure your spot: https://t.co/XiLU6HR0Ne
Crazy, crypto industry still doesn’t know its addressable market & keeps meandering in the weeds of technology and its jargon.
5.3B Web users & 27M developers. That’s 99.5% non-tech vs. .5% tech users.
Yet, 99% of crypto products & so-called innovations target tech users!!
JUST IN: SEC confirms it met with multiple Bitcoin ETF issuers yesterday, including BlackRock, Valkyrie, ARK etc
SEC was clear: remove "in-kind" redemptions from filings. "Cash creates" only.
SEC gave guidance that a Bitcoin ETF will likely be approved by Jan 10 - Fox Business
Just imagine if the Internet wasn’t so seamlessly interconnected, it would look a lot like the blockchain islands world we have today.
Insane that it continues this way.
Who said decentralized networked nodes & protocols can’t connect and co-exist with each other?
If this isn’t a top 2024 priority for the WHOLE blockchain sector, not sure what is.
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Looking ahead to 2024…
It's disappointing that Crypto Twitter has been dominated by discussions on two topics: 1/ crypto price points mostly Bitcoin, Ethereum and Solana, 2/ bickering and pissing contest fights about L1's/L2's and infrastructure choices.
Will Bitcoin go to $100K? When is Ethereum catching-up? Is Solana valued as it should be? Look at this new meme coin. Etc etc.
This is not really a wholesome picture for the industry.
Where is the talk about blockchain applications?
How are we going to onboard the millions if not 1 billion users into crypto?
Why aren't there enough blockchain developers obsessed with creating simpler tools for apps developers?
We should focus more on making it really easy for app developers to build applications out of the box.
The time now is for interopability to work seamlessly across blockchains.
The time is now to connect many of these blockchains together.
The time is now for tearing down the walls and barriers between various blockchains.
The time is now for working very diligently and proactively on implementing the various messaging protocols and bridging technologies that already exist.
The time is now for more standardizations and harmonizations across various implementations and more API's that work across blockchains.
Those are the only ways that will lead to increased liquidity AND sticky utility across various networks, therefore leading to the real network effects, i.e. making the whole bigger than the sum of the parts.
Notwithstanding regulatory headwinds in the US, let’s hope that 2024 brings us closer to realizing the original blockchain vision of more efficient financial systems, unleashing entrepreneurial creativity to design new products and services, and putting crypto and blockchain capabilities in the hands of many more millions of users.
🌐🔐 #IOSCO just unveiled its Policy Recommendations for Decentralised Finance! Aiming to enhance market integrity and investor safety, the report focuses on: