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1. Kyle Davies' plan for a $10 billion investment: The co-founder of Three Arrows Capital, Kyle Davies, shares his hypothetical plan to use $10 billion to acquire FTX and restart the platform according to the Three Arrows model. 2. Proposed adjustments for FTX: Davies envisions various changes, including shutting down Alameda and aligning FTX operations closely with the Three Arrows model. He also mentions cutting the "amphetamine budget," potentially referring to the public relations budget. 3. User-first product strategy: Despite the proposed changes, Davies emphasizes that FTX would continue to prioritize a user-first product strategy, aiming to drive rapid growth for the platform once again. #cryptocurrency #cryptonews #crypto #cryptopm #crypto2023

1. Kyle Davies' plan for a $10 billion investment: The co-founder of Three Arrows Capital, Kyle Davies, shares his hypothetical plan to use $10 billion to acquire FTX and restart the platform according to the Three Arrows model.

2. Proposed adjustments for FTX: Davies envisions various changes, including shutting down Alameda and aligning FTX operations closely with the Three Arrows model. He also mentions cutting the "amphetamine budget," potentially referring to the public relations budget.

3. User-first product strategy: Despite the proposed changes, Davies emphasizes that FTX would continue to prioritize a user-first product strategy, aiming to drive rapid growth for the platform once again.

#cryptocurrency #cryptonews #crypto #cryptopm #crypto2023

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MicroStrategy, renowned for its substantial corporate Bitcoin holdings, unveiled 'MicroStrategy Orange,' a decentralized identity system at the 'Bitcoin For Corporations' conference on May 1. 🔶 This innovative system utilizes a unique version of the Ordinals inscription method to embed data directly into Bitcoin's transaction outputs, distinguishing it from other identity solutions reliant on additional networks or sidechains. 🔄 MicroStrategy Orange has the capacity to process up to 10,000 decentralized identifiers (DIDs) in a single transaction, showcasing its scalability for large-scale operations. 📜 An early version of MicroStrategy Orange on GitHub adheres to the World Wide Web Consortium’s (W3C) Decentralized Identifiers (DID) specifications, ensuring secure, enduring, and independent identities solely on the Bitcoin blockchain. 🔐 Comprising the Orange Service, Orange SDK, and various applications, the framework enables secure verification of identities without disclosing personal information, ideal for sectors like healthcare and finance. 🛠️ The Orange SDK empowers developers to integrate identity verification features into existing systems, enhancing security across digital platforms, such as email verification through the 'Orange for Outlook' application. 💼 Despite a reported $53.1 million loss for the quarter, MicroStrategy has seen a 65% increase in the value of its Bitcoin holdings, now totaling about $15.2 billion. 🚀 This strategic shift signifies MicroStrategy's intent to leverage its Bitcoin resources for innovation beyond traditional cryptocurrency investments, potentially revolutionizing digital identity management with universally recognized verification standards. #MicroStrategу #buythedip #BTC #fomc
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