cryptopolitan.com
Tether reports $1.48bn net profit in Q1
Today #tether announces its Q1 2023 Assurance Report (attestation) 👀
— Paolo Ardoino 🍐 (@paoloardoino) May 10, 2023
– Net profit for this quarter of $1.48bn leading to a surplus over reserves of $2.44B- an all time high!! 🤯
– This report adds new explicit separate categories for our #Bitcoin and Gold 🪙 holdings,… https://t.co/3ZzrhtJ8PB
A fascinating convo between Satoshi and Gavin
1/ I discovered a fascinating convo between Satoshi and Gavin, 2010.
— Monegro (@BawdyAnarchist_) May 9, 2023
Gavin immediately identified the dangers of scripting that we're seeing today; but Satoshi said it could be mitigated. pic.twitter.com/su2pJzknkQ
2/ It's clear Satoshi didnt want this activity on mainchain. He thought fees and "other things" could limit what we're seeing now.
— Monegro (@BawdyAnarchist_) May 9, 2023
It seems clear tha BTC has now failed in the design intention, which was to enable scripting while limiting arbitrary data/extensibility.
Elon Musk pumps Milady NFT
Milady floor just jumped 0.3 eth to 4.5 eth after @elonmusk tweet pic.twitter.com/hsihJ8x041
— borovik.eth (@3orovik) May 10, 2023
Kraken sponsors a huge scam baiter account
best crypto marketing i’ve seen on tiktok yet.
— Neeraj K. Agrawal (@NeerajKA) May 10, 2023
Kraken sponsored a huge scam baiter account. They built him a custom environment so he could fuck with scammers pic.twitter.com/86p6FLA4g6
https://t.co/bOUxVPkjL8
— Neeraj K. Agrawal (@NeerajKA) May 10, 2023
Bitcoin seriously needs to stop being so dogmatic
It's sad that Bitcoin Core developers had years to solve the blockspace issue and still did nothing. Saw some very old friends drop out of crypto this week because of how hopeless it looks. I don't like chain politics but Bitcoin seriously needs to stop being so dogmatic – ASAP.
— FatMan (@FatManTerra) May 10, 2023
Some Bitcoin miners are turning to AI
Some bitcoin miners are turning to AI. After just one year of operation, Hut 8 said its HPC business generated about $16.9 million in revenue in 2022, driven in part by AI customers. Hive Blockchain, which purchased $66m GPUs in early 2021, says it aims to grow its HPC revenue to…
— Wu Blockchain (@WuBlockchain) May 10, 2023
MEXC accused of dumping tokens
🚨 Stay away from crypto exchange #MEXC and their native token MX
— whalechart (@WhaleChart) May 9, 2023
One out of several projects allegedly getting annihilated by MEXC dumping paid tokens on their customers. pic.twitter.com/o1fj46pooM
— whalechart (@WhaleChart) May 10, 2023
More about MEXC written by Trendoshi https://t.co/F4tlKOQPCV
— whalechart (@WhaleChart) May 10, 2023
US inflation is not improving
The headline inflation number is falling, but don’t be fooled — inflation is getting worse.
— Pomp 🌪 (@APompliano) May 10, 2023
Inflation actually INCREASED 0.4% month-over-month.
This is a major problem.
The headline number is falling because of the base effect.
— Pomp 🌪 (@APompliano) May 10, 2023
Inflation was so high last year that the year-over-year growth looks low.
But inflation is not improving.
We are living in an economy that has compounded inflation at ~5% annually for 3 years now.
— Pomp 🌪 (@APompliano) May 10, 2023
This is completely unsustainable for the average American family.
Has the bull market started for Bitcoin miners?
Has the bull market started for #Bitcoin miners?
— Julio Moreno (@jjcmoreno) May 9, 2023
Hashprice (average revenue per hash for miners, purple line) crossed its 1-year moving average to the upside and is now at the highest level since May 2022. pic.twitter.com/uoexJsC0Vc
UK tax authorities to be granted the power to seize BTC held on exchange
NEW: 🇬🇧 UK tax authorities to be granted power to seize #BTC held on exchanges – The Telegraph.
— Bitcoin Magazine (@BitcoinMagazine) May 10, 2023
Take your #bitcoin off exchanges!
US banking failures each year
🇺🇸‼️This Financial Crisis is going to make 2008 look like a picnic…and it's just getting started! 🤨 pic.twitter.com/0WklT7laC5
— Radar🚨 (@RadarHits) May 10, 2023
CPI data
[DB] CPI Core YoY: -5.5%
— db (@tier10k) May 10, 2023
Est. 5.5%
New York introduces a bill to accept stablecoins as a form of payment for bail
JUST IN: 🇺🇸 New York introduces bill to accept stablecoins as a form of payment for bail.
— Watcher.Guru (@WatcherGuru) May 10, 2023
$100 million in long positions liquidated under an hour
IN TODAY’S US SELLING BITCOIN FUD
— Ash Crypto (@Ashcryptoreal) May 10, 2023
$100 MILLION LIQUIDATED IN 1HR
IMAGINE AMOUNT OF SMALL TRADERS WHO GOT WIPED OUT BECAUSE OF ALL THESE MANIPULATIONS pic.twitter.com/O4bg5KeBNF