Bull case on #Libra boils down to identity. Costly KYC performed by 000's of banks globally is inefficient and locks out billions. If #Libra can make establishing a banking account as simple as establishing a $FB account AND regulators approve, this could be a very big deal.
The tl;dr of the latest report from the QuadrigaCX CCAA monitor is that Quadriga’s deceased founder Gerald Cotten was running a fraudulent crypto exchange for years. Highlights in this thread https://t.co/X1F2Bi9Nil
so @Algorand just closed their first dutch auction with clearing price of $2.40. that's fully diluted mcap of $24bn, or 85.7% of ethereum mcap.
as i wrote yesterday, this inflated valuation at launch may come back to haunt them... https://t.co/waGQJfBOfQ
Multiple sources confirm that @Binance’s top executive group, which includes CEO Changpeng “CZ” Zhao, avoid visiting the US... “It’s just very risky,” said one source [GENESIS] https://t.co/pU9R3VS5Lu via @i_woodford
Reading “Bitcoin Billionaires”, the part on the Winklevoss bros putting all their Bitcoin in cold storage via sharded private keys in 12 separate safety deposit boxes across the country, then smashing the computer, router and printer they used for it with a sledgehammer is great