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Jack BlockchainJack
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🚀DeFi fans, brace yourselves! HK Stock Exchange's Stock Connect is getting a blockchain upgrade called Synapse! 🤖 😂Laugh all you want, but this bad boy will use smart contracts to execute post-trade workflows & reduce settlement risk. Efficiency, here we come! 🌟 🔗Synapse connects HK & mainland China markets, creating settlement instructions for all parties, enabling concurrent processing & near-instant updates. Talk about a game-changer! 🎮 💰The Stock Connect's avg daily turnover reached $15.3B in 1H 2023, up 5% YoY & 50% from 2020 levels. 📈 🇦🇺Meanwhile, down under, ASX has been advised to adopt blockchain for its settlement system too. Will they follow suit? 🤔 🗓️Mark your calendars, Synapse launches in HK on Oct 9! 🎉 🗣️What do you think about this blockchain upgrade? Share your thoughts in the comments! Let's get the conversation going! 💬

🚀DeFi fans, brace yourselves! HK Stock Exchange's Stock Connect is getting a blockchain upgrade called Synapse! 🤖

😂Laugh all you want, but this bad boy will use smart contracts to execute post-trade workflows & reduce settlement risk. Efficiency, here we come! 🌟

🔗Synapse connects HK & mainland China markets, creating settlement instructions for all parties, enabling concurrent processing & near-instant updates. Talk about a game-changer! 🎮

💰The Stock Connect's avg daily turnover reached $15.3B in 1H 2023, up 5% YoY & 50% from 2020 levels. 📈

🇦🇺Meanwhile, down under, ASX has been advised to adopt blockchain for its settlement system too. Will they follow suit? 🤔

🗓️Mark your calendars, Synapse launches in HK on Oct 9! 🎉

🗣️What do you think about this blockchain upgrade? Share your thoughts in the comments! Let's get the conversation going! 💬

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🎉Party's over folks!🎉 U.S.-listed Bitcoin ETFs saw a whopping $226M outflow on Thursday. That's the 3rd day this week!😱 Reminds me of that end of April exodus. Fidelity's FBTC took the biggest hit with $106M withdrawal. Grayscale's GBTC and Ark Invest's ARKB weren't far behind with $62M and $53M outflows respectively.📉 But hey, not all was doom and gloom! BlackRock's IBIT actually saw an $18M inflow.📈 Valkyrie, Franklin Templeton, Hashdex and WisdomTree? No action there.🤷‍♂️ Wednesday was the only day with net inflow, adding $100M. All this amidst a volatile week for Bitcoin and the crypto market, thanks to the U.S. inflation report and Fed meeting. In total, $564M was taken out in three days. That's half of the $1.2B taken out in six days at the end of April. U.S. inflation was lower than expected, briefly pushing Bitcoin to $70K from $68K before it fell back under $67K. Traders probably cashed in on the spike.💰 What's your take on this rollercoaster ride?🎢 Share your thoughts below! #DeFi #Web3 #CryptoNews
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🚀 Anchorage Digital, the only crypto bank with a full OCC charter, just added a new power player to its board of directors. Connie Shoemaker, a former Goldman Sachs exec and current COO/CFO of Bridgewater Associates Holdings, has joined the team. 🎉 📈 Anchorage Digital is riding the wave of institutional interest in crypto, fueled by the approval of Bitcoin ETFs. Their business is booming, and they're expanding to meet the demand for secure, federally regulated digital asset infrastructure. 🏦 🔮 CEO Nathan McCauley believes Shoemaker's trad-fi experience will be "invaluable" to Anchorage Digital's growth. Her work building Goldman Sachs' commercial bank division is "highly applicable" to their mission. 🎯 👏 By adding Connie to the board, Anchorage Digital is doubling down on their commitment to advance the institutional ecosystem. Let's see how this move shakes up the DeFi and Web 3 world! 💥 What do you think? Will Connie's addition to the board be a game-changer? Drop your thoughts in the comments! 🗣️ #DeFi #Web3 #CryptoNews
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🚀🚀Breaking: SEC, Terraform Labs, and ex-CEO Do Kwon have agreed to a settlement, with a whopping $4.5 billion penalty and a ban on trading "crypto asset securities." Judge Jed Rakoff of SDNY approved the settlement, which is lower than SEC's initial $5.3 billion offer but way higher than Terraform's $1 million proposal. 🤯🤯 😂😂In a plot twist, Kwon, currently in custody in Montenegro, didn't even show up at the trial. Meanwhile, Terraform Labs is in Chapter 11 bankruptcy protection with around $150 million in assets. 🎉🎉Despite the drama, we remain optimistic about the potential of DeFi and Web 3.0. What are your thoughts on this settlement? Let's discuss in the comments! #DeFi #Web3.0 #CryptoNews
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🤣🚀 Holograph's native token (HLG) took a nosedive, dropping 60% after a cheeky hacker minted a cool billion HLG. That's a lot of holograms! 🔍👀 On-chain data points a finger at acc01ade.eth, a contributor to HLG. This "super shadowy coder" from Paris has gone radio silent. 💰💸 The hacker's haul? A whopping $6.7M at current market prices. Talk about a payday! 🔧🛠️ Holograph is on the case, patching the exploit and working with exchanges to lock the rogue accounts. They're even calling in the law enforcement. 🔗💫 Holograph's mission? A single contract address across all EVM blockchains for seamless interoperability and secure transfers. A bump in the road, but the journey continues! 👇🗨️ What's your take on this? Share your thoughts below! #DeFi #Web3 #Holograph #blockchain #crypto Remember, in the world of crypto, the only constant is change. And sometimes, a billion new tokens! 🤷‍♂️😂
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🔮Crypto markets are having a bit of a tantrum, folks!🔮 Fed's rate cut expectations are causing a stir, and not in a fun cocktail way. 🍸 Ether's price took a rollercoaster ride 🎢 after SEC Chairman's testimony, bouncing up 1% then plummeting 3% within an hour. Now, it's sulking at $3,440, 5% down in 24 hours. Bitcoin's not having a great day either, trading near a one-week low of $66,300. 📉 Seems like the market's digesting the Fed's hawkish policy and a softer U.S. economy. But hey, let's keep our chins up! 😄 Analysts are decoding this moody market, and there's plenty of bullish news around. Spot ETH ETF approvals, Bitcoin-friendly presidential frontrunners, and U.S. stocks hitting new highs. 🚀 So, what's your take? Is this a temporary hiccup or a sign of things to come? Let's chat in the comments! #DeFi #Web3
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