Hey Waivly Crew! 🌊 Elon Musk says Twitter will grant a “general amnesty” to suspended accounts. Binance has committed $1 billion to its industry recovery fund.
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Elon Musk announced on Thursday that Twitter will grant a “general amnesty” to accounts that had been suspended from the platform starting next week.
Musk, who acquired Twitter for $44 billion last month, started a poll on Wednesday asking users whether accounts that had "not broken the law or engaged in egregious spam" should be let back on the social media platform.
More than 3.16 million users took part in Musk’s poll, with 72.4% of them voting "Yes."  Should Twitter offer a general amnesty to suspended accounts, provided that they have not broken the law or engaged in egregious spam?
"The people have spoken. Amnesty begins next week, Musk tweeted, adding a Latin phrase that translates to "the voice of the people is the voice of God.”
In October, the CEO shared that Twitter would form a content moderation council "with widely diverse viewpoints." Musk said no major content decisions or account reinstatements would happen before the council convened. Join The Waivly Discord
We’re on Discord! Our Discord is a place for everyone in the Waivly Crew and those surrounding the areas we’re involved in to come together, talk all things future-led such as NFTs, crypto, and Web3, and meet new people 🙌 Click here to join our Discord server. The Waves💰 Matrixport targets $100M funding round 👀 Turkey seizes FTX assets in the country amid investigation 🤔 Belgian financial regulator says Bitcoin and Ether are not securities ✅ Twitter to roll out multi-coloured verified user system Crypto SpecialMetaMask now collects user IP addresses
MetaMask developer ConsenSys updated its privacy policy on Thursday to start tracking users’ IP addresses and Ethereum addresses when they send transactions.
The collection of users’ data will only apply if they use MetaMask’s default Remote Procedure Call (RPC) application, Infura. Acquired by ConsenSys in 2019, Infura is an API-based tool that allows users to connect their application to the Ethereum network.
However, if you’re using your own Ethereum node or a third-party RPC provided with MetaMask, ConsenSyts says that “neither Infura nor MetaMask will collect your IP address or Ethereum wallet address.”
The update notes that information gathered this way may be disclosed to affiliates, during business deals, or to comply with anti-money laundering (AML) laws and know-your-customer (KYC) requirements.
In response to the move, Hayden Adams, inventor of the Uniswap protocol, reassured users that the decentralized exchange neither tracks IPs or allows third-party tools on the platform to do so.
Binance commits $1 billion to the Industry Recovery Initiative
Binance, the world’s largest crypto exchange, announced new details about its industry recovery fund on Thursday.
In a blog post, Binance said it will devote $1 billion in initial commitments to the Industry Recovery Initiative (IRI). It may increase that amount to as much as $2 billion "if the need arises." The post also included the public address for these funds.
“Roughly, we’re thinking of setting up $1 billion first, and if that’s not enough we’ll allocate more. If after six months there’s unused funds and there’s not that many projects–hopefully the industry will have recovered by then–we can withdraw it back.” Binance CEO Changpeng "CZ" Zhao told Bloomberg.
In the interview, CZ also confirmed that the IRI may bid for struggling crypto companies acquired by now-bankrupt exchange FTX, but did not say which ones.
“We definitely want to look at those assets,” he said. “They invested in a number of different projects, some of them are OK, some of them are bad, but I think there are a number of assets that may be salvageable. We’ll look through that when they become available.”
CZ first announced the launch of the IRI on November 14th to prop up firms that “are otherwise strong but in a liquidity crisis” amid the FTX fallout. At that time, Tron founder Justin Sun, BankToTheFuture CEO Simon Dixon, and other key industry players said they would join the initiative.
However, it’s unclear if they have done so. Binance disclosed that Jump Crypto, Polygon Ventures, Aptos Labs, Animoca Brands, and other crypto investment firms contributed around $50 million. With Noom's psychology, you can lose weight
Hot take: losing weight is less about dieting and more about psychology. That's why so many trust Noom Weight to help them get healthy and reach their weight loss goals. Learn the skills you need to achieve lasting results with help from Noom. Share The WaveThat wraps up today's Waivly edition. Thank you for reading through and we hope you liked today's content. Do you know someone else who would like Waivly just as much as you do? Send them to our website and get them onboard the Waivly Crew so they can enjoy daily Waivly editions too! Get more from us on Twitter, Instagram, and TikTok. ㅤ Want more from us at Waivly? Join Waivly+, the premium Waivly membership with exclusive content, resources, giveaways, events, and so much more, all blended together into one super low-cost and quick to join subscription 🎉 Head over to our website and hit “Subscribe” to get onboard!
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