Top Tweets: Grayscale Investments SEC Filing

Electronic Payments International lists five of the top payments technology tweets in Q2 2022 based on data from GlobalData’s banking and payments influencer platform.
Top tweets are based on the total number of engagements (likes and retweets) received on tweets from over 146 payments technology experts tracked by GlobalData’s Banking and Payments Influencer platform during the second quarter (Q2) of 2022.
The most popular tweets on payment technology in Q2 2022: Top 5
1. Tweet from Barry Silbert about Grayscale Investments filing registration statements with the SEC
Barry Silbert, CEO of venture capital firm Digital Currency Group, shared an article about digital currency asset manager Grayscale Investments filing registration statements on Form 10 with the Securities and Exchange Commission (SEC) on behalf of Grayscale Horizen Trust, Grayscale Stellar Lumens Trust, and Grayscale Zcash Trust. New Form 10 filings were voluntary and subject to SEC review. If either of the registration statements originally filed had become effective today, it would have called the applicable product as an SEC reporting company and registered its shares pursuant to Section 12(g) of the Exchange Act, details the article. The company already has six reporting products, namely Grayscale Bitcoin Trust, Grayscale Bitcoin Cash Trust, Grayscale Digital Large Cap Fund, Grayscale Ethereum Trust, Grayscale Ethereum Classic Trust and Grayscale Litecoin Trust.
The article further stated that if any of the registration statements originally filed became effective today, accredited investors who purchased shares in the private placement of the relevant product would have a greater liquidity opportunity. early, as the holding period for the relevant private placement shares would be reduced from one year to six months under Rule 144 of the Securities Act.
Username: Barry Silvert
Twitter username: @BarrySilbert
Likes: 306
Retweets: 65
2. Laura Shin’s tweet about the $3.5 billion Terra Reserve move
Laura Shin, a crypto journalist, shared an article on blockchain company Terra claiming that the movement of Bitcoin’s $3.5 billion reserves was made to sell the majority of them in an unsuccessful effort to prop up the UST Stablecoin . Holders of the native Terra LUNA token and stablecoin UST together lost around $42 billion in the past week, the article details. However, $85 million in crypto assets remained in the Terra Reserve to offset them. The algorithmic stablecoin TerraUSD (UST), was developed by Terraform Labs. Intended to maintain a peg to the US dollar, the value of the UST plunged from $1 to a low of just $0.04, resulting in billions of dollars in losses for US investors, the article details.
The Luna Foundation Guard (LFG), a non-profit organization created to foster the expansion of the Terra ecosystem, said it will purchase up to $10 billion in Bitcoin and other crypto assets to serve as a reserve that would support the UST stablecoin. As a result, between January and May 2022, 80,394 BTC worth $3.5 billion at the time were purchased by LFG, the article notes. When the value of UST started falling, LFG announced that it would buy UST by selling its Bitcoin reserves. Upon follow-up, Bitcoin reserves belonging to Terra were found to have been moved to a single account in Gemini, the US-based crypto exchange and to crypto exchange Binance, the article points out.
Username: Laura Shin
Twitter username: @laurashin
Likes: 293
Retweets: 86
3. Tweet by Francis Pouliot on new updates to Bylls Bull Bitcoin payment services
Francis Pouliot, CEO of Bitcoin company Bull Bitcoin, shared an article about the launch of new features of Bull Bitcoin (Bylls) payment services, including sending interac e-transfers to anyone in Canada using only their number phone number or email address. Bull Bitcoin’s bill payment services were developed about eight years ago to help Canadians transition out of fiat banking with the use of Bitcoin, the article details. The services are now used by a large number of Canadians to pay their bills and make bank transfers to anyone in the country by paying bills directly from their own Bitcoin wallet.
Other features include options to sell Bitcoin to your account balance or to someone else, and a new payment recipient management dashboard, which allows the creation of five different types of recipients, namely bank accounts, credit cards, interac e-transfers, standard billers. , and Bull Bitcoin account balances.
Username: FRANCOIS
Twitter username: @francispouliot_
Likes:252
Retweets: 46
4. Jameson Lopp’s tweet about the release of CleanCoin
Jameson Lopp, CTO of cryptocurrency startup Casa, shared an article about the release of CleanCoin, which is supposed to be an eco-friendly form of Bitcoin. The article detailed that CleanCoin is a digital currency that facilitates instant payments to anyone, anywhere in the world. It uses peer-to-peer technology to operate without a central authority, which involves the network handling transactions and issuing money collectively.
Cleancoin is therefore an open source software that allows the use of this currency. CleanCoin is developed on the Bitcoin core. CleanCoin uses the Proof of Stake consensus algorithm as opposed to proof of work in the case of Bitcoin, which allows it to scale better, save energy and also lower the barrier of entry to contribute to the construction of new blocks, notes the article.
Username: Jameson Lopp
Twitter username: @lopp
Likes: 261
Retweets: 21
5. Erik Voorhees’ tweet about Bitcoin being legal tender in the Central African Republic
Erik Voorhees, CEO of cryptocurrency trading platform ShapeShift, shared an article about the Central African Republic passing a bill to make Bitcoin legal tender. The article stated that it was the second country in the world after El Salvador to make Bitcoin a legal payment option. According to the new bill, the use of Bitcoin and other cryptocurrencies in transactions with the CFA franc will be considered legal forms of payment. The move makes the Central African Republic the first country on the continent to use Bitcoin as legal tender, according to Touadera’s chief of staff, Obed Namsio. Additionally, exchanges will not be subject to taxes, the article notes.
This decision marked the country’s efforts to improve its financial infrastructure. According to reports, Nigeria, Kenya and South Africa have growing cryptocurrency markets among African countries, with the Central African Republic now joining the race.
Username: Erik Voorhees
Twitter username: @ErikVoorhees
Likes: 187
Retweets: 37