Daily: Twitter board of directors unanimously approves Elon Musk’s proposal to buy Twitter

Twitter's board of directors unanimously approved Elon Musk's proposal to buy Twitter.

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today in the digest

  • ParaSwap Launches P2P NFT Trading App
  • Burberry and Mythical Games release new NFTs for Blankos Block Party
  • Solana’s Solend protocol busts the myth of decentralization
  • Ukraine sold its CryptoPunk for $100,000
  • Kremlin wants to use blockchain to bypass SWIFT locks
  • Cloudflare has experienced an outage. Affected sites of popular crypto-exchanges
  • MoonPay launches its HyperMint minting service and invites large companies to cooperate
  • “TIME Square” in the metaverse? Popular magazine announces collaboration with The Sandbox
  • Vitalik Buterin criticized the S2F PlanB model

Elon Musk is one step closer to the long-awaited purchase of Twitter. The company’s board of directors unanimously approved the deal today.

Interestingly, the stock is trading at around $38 today, even though Musk offered $54.20 in his offer. But this will not affect the amount of the transaction – as previously agreed, it will amount to $44 billion.

This money will be distributed among the current owners of the shares. So, the ex-director and co-founder of Twitter, Jack Dorsey, is entitled to $ 978 million, since he owns 2.4% of the shares. Current chief executive Parag Agrawal will receive $42 million. CFO Nick Segal will become richer by $25.5 million.

What’s next

At today’s meeting, the board of directors only approved the transaction and submitted an application for consideration by the SEC. They also decided on the amount of compensation to the executive directors and agreed on the timing of the next meetings. The final vote will take place in July or August. The crypto community expects that after the transition into the hands of Elon Musk, Twitter will be even more advanced digitally. The head of SpaceX himself does not hide this: he recently promised that he would introduce crypto payments if he became the owner. True, not everyone understands the businessman’s love for digital currencies: recently, an American filed a lawsuit against Musk for “advertising a crypto pyramid.”


ParaSwap Launches P2P NFT Trading App

The app will be available in the Apple Store

DEX aggregator ParaSwap has introduced an application for P2P token trading (NFT). This is the first such application in the Apple App Store.
The app allows merchants to create custom orders for their NFTs and then send them directly to buyers. It runs on the ParaSwap DEX engine, and it will be possible to make transactions in different tokens.

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Burberry and Mythical Games release new NFTs for Blankos Block Party

Start of sales already 22nd of June

Luxury brand Burberry launches its second NFT collection called Burberry Blanko. This is a collaboration with Mythical Games studio for the flagship game Blankos Block Party. By the way, we wrote about this game in our review “The best P2Ps worth paying attention to in 2022”.

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Solana’s Solend protocol busts the myth of decentralization

In fact, such services are by no means decentralized.

Over the past few days, the Solend epic has become the number one topic. And it shows important issues in the DeFi sector that cannot be kept silent about.
Solend is a popular DeFi protocol on Solana. This weekend, they invited their community to take control of one of the whale’s wallets, which is in danger of extinction.

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Ukraine sold its CryptoPunk for $100,000

Its price is almost 3 times lower than it was at the time of donation

Ukraine has sold CryptoPunk #5364, a luxury NFT from Yuga Labs. This was announced by Deputy Minister of the Ministry of Digital Transformation Alex Bornyakov. This NFT was donated to us in March by an anonymous sponsor as part of the Aid for Ukraine campaign. At that time, its cost was estimated at $ 260 thousand.

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Kremlin wants to use blockchain to bypass SWIFT locks

They plan to launch their own CELLS blockchain platform

After the outbreak of war and total isolation, Russia is looking for ways to circumvent international sanctions. One of these loopholes should be Rostec’s own CELLS blockchain. In essence, the platform aims to create an ecosystem for digital services, programs and products.

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Cloudflare has experienced an outage. Affected sites of popular crypto-exchanges

At the same time, Binance continues to work

On June 21, Cloudflare’s network experienced a massive outage, resulting in many web resources being affected. Among them are not only such popular portals as Discord and Shopify, but also crypto exchanges. In particular, problems were reported in Coinbase, FTX, Kucoin and BitMEX.

Read more


MoonPay launches its HyperMint minting service and invites large companies to cooperate

MoonPay HyperMint Platform Officially Launched

MoonPay announced the launch of a service for creating NFTs called HyperMint. At the same time, the company is negotiating cooperation with major contractors, in particular, Universal Pictures to promote tokens on the global market.

Moon Pay CEO Ivan Soto-Wright said that the company is interested in different directions.

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“TIME Square” in the metaverse? Popular magazine announces collaboration with The Sandbox

The magazine will have its own location in the metaverse

Developer The Sandbox has announced a collaboration with TIME. As part of the agreement, the company will create a “TIME Square” based on the metaverse, an exclusive virtual location for TIMEPieces holders.

TIME even released their own NFT collection.

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Vitalik Buterin criticized the S2F PlanB model

He called her a fake giving a false sense of confidence

Ethereum creator Vitalik Buterin commented on the complete failure of the Stock-to-Flow model developed by the PlanB expert. He stated that forecasts that gave a false sense of certainty and certainty deserve ridicule and censure.

On June 18, the price of bitcoin fell to 17.6 thousand dollars.

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Walken Review: A step by step guide on how to walk and earn more.

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