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The CEO of German securities marketplace Deutsche Börse, Stephan Leithner, is calling for financial reforms in the European Union, including establishing a permanent digital euro to strengthen the region’s financial autonomy.
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This marks the first educational course in Polkadot’s global initiative which is planned to take place in other key jurisdictions.
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Stablecoin issuer Tether has sued Swan Bitcoin for “significant breaches” in their joint venture agreement.
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Less than a week later, it became clear that Zuckerberg’s commitment to free expression doesn’t include decentralized social media competitors like Pixelfed and Mastodon. When Facebook users tried to link to these platforms, they were met with “spam” notifications and their posts were purged immediately.
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This week’s Crypto Biz explores Meta’s contradictory approach to free speech and whether Zuckerberg is sincere about getting back to his roots — or whether he’s playing a game of political chess with the incoming Trump administration.
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The newsletter also explores Tether’s jarring lawsuit against Swan Bitcoin, the emerging role of institutional crypto and a looming TikTok ban in the United States.
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Meta’s commitment to free speech apparently doesn’t extend to backlinks to decentralized social media networks. According to a 404 Media report, Facebook has been actively removing links to Instagram competitor Pixelfed and Mastodon, an open-source social networking service.
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Disgruntled users took to Bluesky to complain about their posts being deleted.
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Another Bluesky user, Johan Vandevelde, said the same thing happened to him when he linked to Mastodon. “My comment was immediately removed, also because of ‘spam,’” said Vandevelde.
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“Facebook has banned anyone from linking to Pixelfed,” said AJ Sadauskas, a Bluesky user. She said her post was deleted by Facebook “within seconds.”
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“No-one wants to hear from the bears right now. Trump 2.0 is already a sugar rush and he hasn’t even started his Presidency yet,” Hundal said. He added:
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Although TRUMP has shown how high and quickly demand for crypto can surge, Hundal said that the “true value” of Trump’s presidency will depend on the “long-term environment it creates.”
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Meanwhile, others say while the TRUMP token has attracted many new users to crypto, it could harm the industry in the long run. “Here we are on the verge of sensible regulation,” he said.
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It comes after initial doubts surfaced when the token was first announced on Trump’s social media, with some wondering if his account had been hacked.
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Scott Melker, aka “The Wolf of All Streets,” said in a Jan. 18 X post that Trump’s memecoin is a significant benefit for crypto but “bad for humanity.” Melker added:
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Moonshot, the platform Trump pointed his followers to for purchasing the memecoin, reported more than 200,000 new onchain users since the token launched.
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“It’s a gratuitous cash grab, not sure how anyone can argue against that,” Melker said while pointing out that insiders sniping the supply at launch means they hold 80% of the supply.
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There have been concerns over the concentration of 80% of the tokens in a single wallet.
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Arkham Intelligence said, assuming the wallet belongs to Trump, the memecoin pushed up Trump’s net worth to $22 billion overnight.
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On the flip side, others say this is a major positive for token holders.
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