JayKii (@zayky20) • Hey
A Singer
Publications
- Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
**A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency.**
Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a New Generation of Millionaires and Billionaires
At the time of writing, the crypto economy boasts a valuation slightly above null trillion. This vast sum has birthed a new generation of crypto millionaires and billionaires over time. Henley & Partners, a prominent investment consultancy, reports that out of today’s 88,200 crypto millionaires, 40,500 owe their affluence exclusively to bitcoin (BTC). This means that crypto millionaires represent a mere 0.157% of the total 56.1 million millionaires globally.
Diving deeper into Henley & Partners’ data, 182 individuals have reached the status of centi-millionaires through crypto investments. For clarity, a centi-millionaire is someone with investable assets surpassing $100 million. Remarkably, 78 of these centi-millionaires owe their fortunes to BTC alone. Moreover, about six individuals have become billionaires through BTC, while approximately 22 billionaires have amassed their wealth from the broader crypto realm.
- G20 Nations Actively Discussing Crypto Framework, Says Indian Finance Minister
**The G20 countries are actively discussing a global framework for crypto assets under India’s presidency, Finance Minister Nirmala Sitharaman has revealed. “India’s presidency has put on the table key issues related to regulating or understanding that there should be a framework for handling issues related to crypto assets,” she emphasized.**
India Says ‘Active Discussions’ on Crypto Are Happening
Indian Finance Minister Nirmala Sitharaman provided an update on the discussions regarding global cryptocurrency regulations under India’s G20 presidency on Tuesday at this year’s Global Fintech Fest in Mumbai.
Regarding crypto discussions at the G20, the Indian finance minister emphasized: “India’s presidency has put on the table key issues related to regulating or understanding that there should be a framework for handling issues related to crypto assets.” She affirmed:
- Singapore Elects President Who Advocates 'One Regulatory System' for Crypto and Traditional Finance
**Tharman Shanmugaratnam, the former deputy prime minister and central bank chairman of Singapore, has been elected as the new president of the country. The Singaporean president-elect, who advocates for a single regulatory system for both crypto and traditional finance, wants to make sure that everyone is aware that there is “one regulatory system for everything.” He emphasized: “If you’re outside of the regulatory system, buyer beware.”**
President-Elect Tharman Shanmugaratnam’s Crypto Stance
Tharman Shanmugaratnam, a former deputy prime minister, finance minister, and education minister, has been elected as Singapore’s ninth president. He also served as the chairman of the country’s central bank, the Monetary Authority of Singapore (MAS), from 2011 to 2023.
The president-elect has spoken about cryptocurrency and its regulation on multiple occasions before his election. He stated earlier this year that there could only be one regulatory system for both crypto and traditional finance, elaborating:
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- Learned about all the web3 lingo on @orbapp.lens app, and also got a NFT. Now I'm certified slang master 🧙
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- Learned about basic fundamentals of Non-Fungible Token (NFT) on @orbapp.lens app, and also got a sick NFT 🤩
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- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
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- Learned about basic fundamentals and features of @LensProtocol on the @orbapp.lens app, and got a dope NFT 🌿\n\n#orb #orbapp #orbsbt
- Learned about basic fundamentals of crypto wallet on @orbapp.lens app, and got a sick NFT 🤯\n\n#orb #orbapp #orbsbt
- Learned about basic fundamentals of web3 on @orbapp.lens app, and got a dope NFT 😇
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- Hong Kong Presents Digital Currency Prototype, Project Aurum
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed.
https://news.bitcoin.com/hong-kong-presents-digital-currency-prototype-project-aurum/
- The UK has a new name for stablecoins and a new bill to regulate crypto
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom.
https://cointelegraph.com/news/the-uk-has-a-new-name-for-stablecoins-and-a-new-bill-to-regulate-crypto
- Why is Bitcoin price up today?
BTC and ETH price turned bullish, lifting the entire crypto market higher — but why?
https://cointelegraph.com/news/why-is-bitcoin-price-up-today
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- Comedian Bill Murray's Wallet Hacked for $186K Worth of Ethereum After NFT Charity Auction
American actor and comedian Bill Murray saw 119.2 ethereum drained from his wallet on September 1, 2022, after Murray held a non-fungible token (NFT) charity auction. Statistics show that most of the tokens and NFTs in Murray’s wallet have been moved, and roughly $556 in token value remains.
https://news.bitcoin.com/comedian-bill-murrays-wallet-hacked-for-186k-worth-of-ethereum-after-nft-charity-auction/
- Hong Kong Presents Digital Currency Prototype, Project Aurum
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed.
https://news.bitcoin.com/hong-kong-presents-digital-currency-prototype-project-aurum/
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- Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
https://news.bitcoin.com/bitcoins-rising-correlation-with-gold-indicates-investors-see-it-as-a-safe-haven-says-bank-of-america-market-strategists/
- Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in 'Stark Contrast' to Path Fiat Currencies Take
https://news.bitcoin.com/fidelity-discusses-bitcoin-as-portfolio-insurance-could-soon-stand-in-stark-contrast-to-path-fiat-currencies-take/
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AI generated image using the @selas.lens text2Image engine. Learn more at https://thegallerydao.io.
Prompt:
A beautiful installation art of a shown in great detail, surrounded by colorful and intricate patterns. The background is a simple but detailed landscape, with trees, bushes, and a river. By José Clemente Orozco, melancholic.
During October all posts are gasless and mint as a free collect
@thegallerydao.lens @selas.lens @lensprotocol
- 04 Social Web3 Wallet with @zerion.lens — @alexanderguy.lens
Designing for a positive crypto lifestyle with a wallet built for web3 citizens, the people who are active in DAOs, token communities and NFTs 🛸
in episode 04, we get into the crypto lifestyle, the highs and the downsides like always being on, FOMO, stress about security, excessive time on social, information input, and challenges in getting up to speed when you’re new to crypto.
listen — https://ufo.mirror.xyz/TZf6HdxqvF0t2hZWU7OOKqkjBK_agJXLV977cIyZqsA
UFO is sponsored by @lensprotocol & @zerion.lens
- Get ready for ETHSanFrancisco! 🌉
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https://sf.ethglobal.com