The US will try to control crypto under the pretext of controlling Terrorism and Russia
० Old Excuse won't work:- The US is looking for reasons to control the crypto industry. People who resent high taxes will not support corrupt governments in the name of "tax evasion."
० New excuse :- "Sanctions on Russia, Iran, and Jihadi groups" will now be used as an excuse. US Treasury Department Under Secretary Wally Adeyemo has issued an official statement before a US committee in this regard.
OTHER NEWS
Andre Cronje calls out community and memecoin developers on Fantom
Fantom founder Andre Cronje has called on developers in the crypto world to directly approach him about launching the community/meme coin and has also produced a whitepaper of sorts that would serve as a blueprint for the community/meme coin to be launched. Since Fantom is the platform for the proposed launch, Cronje's call could be Fantom's bull feed.
Vitalik Buterin speaks at Hongkong Web3 Festival 2024
In the ongoing HongKong Web3 Festival 2024, Ethereum Co-Founder Vitalik Buterin has stressed the need for the 2020 protocol to be based on advanced cryptography, while describing the 2010 protocol as being based on basic cryptography. Vitalik also included the ecosystems involved in the Ethereum ecosystem diagram; while ecosystems that do not use ETH as DA, were not included.
Kraken Lists BEAM, and ONDO
Kraken has Listed BEAM, and ONDO on its platform, but people are not exited. Even through a big platform (second in US, after Coinbase), Kraken mostly remains inactive, so users are also less active.
MetaPlanet's shares rose after the Bitcoin announcement
Shares of MetaPlanet, (which announced a Bitcoin-based Asia microstrategy in collaboration with Taiwanese investment firm Sora Ventures), rose as much as 90% in one day on the Tokyo Stock Exchange.
International Incident
Elon Musk vs Brazil
Elon Musk has disobeyed a Brazilian court order to block some accounts, which resulted in a tussle between Government of Brazil and Elon Musk on the question of freedom of speech. Brazilian President Lula da Silva is a popular ruler in the crypto world, but the sourness of his government and Elon Musk can also drive the crypto world away from him.
