CEO MicroStrategy advised ‘The Iron’ Mike Tyson about crypto investments, while AAVE would create its own Twitter on ETH technology

CEO MicroStrategy advised ‘The Iron’ Mike Tyson about crypto investments

The former heavyweight champion Mike Tyson asked his followers on Twitter whether they would prefer BTC of ETH. In response, he received advice from the head of MicroStrategy, Michael Saylor.

“Mike, I spent more than a thousand hours considering this question and chose bitcoin. So far, I have purchased $2.9 billion in BTC because I think it’s the future of digital property,” СЕО MicroStrategy said.

CEO OKEx Jay Hao has given his response, publishing a mem-post that there is no need to choose if you have both in your pocks. The famous podcast host about the first cryptocurrency, Peter McCormack, jokingly asked Tyson what he would choose, comparing BTC to boxing and ETH to WWE.

AAVE is developing an analogue of Twitter based on the Ethereum blockchain

The developers of the DeFi protocol Aave are working on a Twitter analogue. It is planned that the social network will operate based on the Ethereum blockchain. The project may face green light even this year.

According to AAVE CEO Stani Kulechov, users would have options to monetize their content. There is also a statement from the developer’s team that the new project would solve some pressing issues of social networks. For example, AAVE wants to exclude any censoring issues.

On the other hand, the Block analyst Larry Chermak believes that a social network based on ETH is a dead born project. The analyst insists that the ETH blockchain would be just overloaded without any chance.

Besides, Chermak points every social network needs to be censored. Otherwise, it might become a place for posting forbidden and illegal content.

Crypto platform Anchorage stated how large investors reacted to the fall of the crypto market

The constant fall of the crypto market did not significantly impact the plans of the teams involved in projects in the crypto industry.

Also, as the head of the Anchorage cryptobank Diogo Monica noted, large investors began to invest more in cryptocurrencies, including decentralized financial services.

“They probably see [the current crypto market situation] as a great entry point if they are investors. For most of our clients, who are simply developing industry projects, nothing has changed,” Monica pointed.

According to CEO Anchorage words, “there is no project which took a pause and got lowered priority due to any price changes in the market”. He also stated that many prominent investors are aiming at the investment vector from 10 to 20 years.




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