Daily: Elon Musk freezes deal to buy Twitter

Nadezhda Dumbrova
Daily: Elon Musk “froze” the deal to buy Twitter.

Good morning, With you Incrypted!

today in the digest

  • IOSCO CEO: Global Supervisory Authority Will Regulate Cryptocurrency In 2023
  • In Shanghai, the court recognized BTC as virtual property under the protection of the law
  • FTX CEO is one of the top 3 shareholders in Robinhood. The company’s shares soared 30%
  • Elon Musk freezes deal to buy Twitter due to spam bots
  • NUS Computing and TZ APAC Launch Blockchain Learning Center in Singapore
  • Emirates Airline will accept payments in BTC
  • Luna Brothers Inc. — new essay by Arthur Hayes
  • Create a human in 50 minutes? It’s easy with Epic Games’ Metahuman Creator!

Elon Musk said that the deal to buy Twitter is on hold. The reason was allegedly truthful calculations that the number of spam bots among the audience of the social network does not exceed 5%.

Billionaire shared this news on his Twitter page. Apparently, Musk does not want to buy “cat in a bag”demanding to provide real facts confirming “transparency” social network audience.

Recall that earlier this month, the company published a report on ad monetization for the first quarter. It follows that among the 229 million accounts of spam bots, only about 5%. Musk himself thinks differently.

The uncertainty surrounding this deal has already hit Twitter. Before the start of trading, quotes fell by 17.7% (to $37.1). At the time of writing, the course has leveled off. The shares are currently trading at $45.08.


IOSCO CEO: Global Supervisory Authority Will Regulate Cryptocurrency In 2023

the level of development of the crypto industry requires global supervision “-IOSCO

Chairman of the International Organization of Securities Commissions (IOSCO) Ashley Alder during an online conference of the think tank Official Monetary and Financial Institutions Forum (OMFIF) said that associations of market regulators need an agency capable of coordinating all regulators of cryptocurrencies. According to him, perhaps as early as 2023 a single global supervisory authority for regulating digital assets will be formed.

Read more


In Shanghai, the court recognized BTC as virtual property under the protection of the law

SHPC ended the debate on the case on the recovery of cryptocurrency

The Shanghai High People’s Court (SHPC) ruled that bitcoin is a virtual property, such as a gaming NFT. This means that it is protected by Chinese law and cannot be alienated under the policy of strict censorship of cryptocurrencies.

Read more


FTX CEO is one of the top 3 shareholders in Robinhood. The company’s shares soared 30%

Sam Bankman-Fried “rescued” Robinhood

FTX founder Sam Bankman-Fried has invested $648 million in stocks in the cryptocurrency trading app Robinhood. On the back of this news, quotes jumped by more than 30% after hours.

The share of Bankman-Fried was 7.6%, which makes him the third largest stakeholder of the organization.

Read more


NUS Computing and TZ APAC Launch Blockchain Learning Center in Singapore

TZ APAC takes over the practical training of students

Software developer TZ APAC said this week that it will join forces with NUS Computing to launch a training program. Its goal is to train technical innovators among the younger generation of Singapore.

The center will be led by Associate Professor Tan Sun Thek of NUS Computing.

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Emirates Airline will accept payments in BTC

It will also integrate the blockchain and start selling NFTs

One of the largest airlines in the world, Emirates Airline, is rapidly entering the Web 3 era. The carrier announced that it will accept payments in BTC, and also announced the release of an NFT collection.

From 9 to 12 May, the Arabian Travel Market exhibition was held in the UAE. Emirates Airline CEO Adel Ahmed Al Reda was among the keynote speakers.

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Create a human in 50 minutes? It’s easy with Epic Games’ Metahuman Creator!

Joanna Nelius of Gizmondo described it as “Sims 4 on steroids”.

Metahuman Creator blurs the already thinned line between computer graphics and reality. In this voluminous material, we will consider the question from all sides: how and why did Metahuman Creator appear, where is the limit of its capabilities and what to do with those almost people that you will create?

The starting point for Metahuman Creator can be considered 2017. Read more


Luna Brothers Inc. — new essay by Arthur Hayes

Translation of the article by Arthur Hayes “Luna Brothers, Inc.”

It’s amazing how few things in the world you can influence. However, our civilization spends a lot of energy on control. To ensure a ghostly calm and inviolability on a changeable earth. Take for example the desire to regulate the air temperature in our homes and offices. This requires a huge amount of energy.

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Headline

  • WeWay, an NFT marketplace for monetizing influencer content, will list its WWY token on Bitmart.
  • StepN announced the results of the drawing of NFT sneakers for Ukrainians.
  • Blizz Finance Lending Protocol suffered losses due to the shutdown of the Chainlink oracle LUNA.
  • Part of the USDT collateral was transferred to treasury bonds.

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