DAC, BD

Lean onto Mentorship

GM Nostr

#grownostr #plant #foodstr

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GM

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king to f8?

where’s the gain in that? Isn’t that simply spend Fiat?

Thread 🧵: Remembering the Tanomah/Sadwan Massacre of 1923

Today, we remember a painful chapter in our shared history: the **Tanomah/Sadwan massacre of 1923**, where hundreds of Zaidi Shia civilians—women, children, and elders—were slaughtered by Ikhwan militias in the Asir region. This tragedy, rooted in sectarianism and political ambition, left scars that echo through generations.

History reminds us that division and hatred have always brought suffering. The blood of our ancestors—Sunni, Shia, Arab, and non-Arab—was spilled not for faith, but for power. Today, as Arabs and Muslims, we face a choice: repeat the cycles of the past or build a future rooted in compassion, justice, and unity.

Let this story be a lesson, not a weapon. Our strength lies in embracing our diversity as *ummah wahidah* (one nation), not erasing it. To my fellow Arabs: let us heal by acknowledging pain, reject the politics of division, and work tirelessly to unite our nations. The road to progress begins with empathy. 🤍 #history #ummah #unity #peace #islamichistory

Revolut and Its Crypto Partners: A Journalistic Overview

By RozRay, FinTech

Revolut, the UK-based fintech unicorn valued at over $33 billion, has emerged as a major player in the cryptocurrency space, offering users access to over 150 digital assets through its app. While Revolut markets itself as a one-stop financial platform, its crypto services rely on a network of third-party partners to manage custody, trading infrastructure, and compliance. This report examines Revolut’s crypto ecosystem and its key collaborators.

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1. Revolut’s Crypto Services: A Primer

Revolut allows users to:

- Buy/sell/trade

cryptocurrencies (e.g., Bitcoin, Ethereum, Solana).

- Earn interest on select assets via staking (e.g., Ethereum, Cardano).

- Set up recurring purchases and price alerts.

- Store assets in a custodial wallet managed by Revolut.

Notably, Revolut does not offer decentralized finance (DeFi) integrations or self-custody options, positioning itself as a centralized, user-friendly platform for retail investors.

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2. Key Partners Managing Crypto Portfolios

A. Custodial and Security Partners

Revolut partners with institutional-grade custodians to secure client assets, though specifics remain opaque. Industry sources suggest collaborations with:

- Fireblocks: A leading digital asset custodian used by major exchanges and fintechs. Fireblocks’ multi-party computation (MPC) technology secures Revolut’s cold storage.

- Copper: Another custodial provider rumored to handle backend infrastructure for Revolut’s crypto holdings.

Revolut claims client funds are stored offline in cold storage and insured against theft, though details about coverage limits and insurers are not publicly disclosed.

B. Trading Infrastructure and Liquidity Providers

Revolut aggregates liquidity from major exchanges and market makers to execute trades. Partners include:

- Binance, Coinbase, and Kraken: Revolut likely uses APIs from these exchanges to source competitive pricing for users.

- Wintermute and Alameda Research: Market-making firms that provide liquidity for less popular altcoins listed on Revolut.

This setup allows Revolut to offer tight spreads but raises questions about transparency, as users cannot verify execution venues.

C. Staking and Yield Partners

Revolut’s “Earn” feature, which offers annual percentage yields (APYs) of up to 10% on assets like Ethereum and Tezos, relies on partnerships with:

- Blockchain networks: Revolut directly participates in proof-of-stake (PoS) protocols by delegating user assets to validators.

- Staking-as-a-Service providers: Firms like Figment or Staked may handle technical staking operations, though Revolut has not confirmed this.

Critics argue that Revolut retains a portion of staking rewards, though the company states earnings are “passed on to customers.”

D. Compliance and Analytics

To meet anti-money laundering (AML) and know-your-customer (KYC) requirements, Revolut collaborates with:

- Chainalysis: A blockchain analytics firm that monitors transactions for illicit activity.

- Onfido: Provides identity verification tools for user onboarding.

These partnerships ensure compliance with UK Financial Conduct Authority (FCA) and EU regulations.

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3. Controversies and Regulatory Scrutiny

Revolut’s crypto expansion has not been without controversy:

- UK Advertising Standards Authority (ASA) Rulings: In 2022, the ASA banned Revolut’s crypto ads for implying unrealistic returns and downplaying risks. Revolut revised its marketing to include risk warnings.

- FCA Authorization Delays: Revolut’s crypto arm faced delays in securing full FCA registration under the UK’s Money Laundering Regulations. It now operates under provisional approval.

- User Fund Freezes: In 2023, users reported delays in withdrawing altcoins during market volatility, sparking criticism about liquidity management.

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4. Strategic Moves and Future Outlook

Revolut aims to expand its crypto offerings in the U.S. and Asia, where it faces competition from Coinbase, Gemini, and Robinhood. Recent hires of ex-Coinbase executives suggest ambitions to enhance institutional-grade services.

In 2024, Revolut plans to introduce tokenized assets (e.g., gold-backed tokens) and explore central bank digital currency (CBDC) integrations, per CEO Viktor Prokopenya’s statements.

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Conclusion

Revolut’s crypto success hinges on its ability to balance user accessibility with robust backend partnerships. While its custodial model simplifies crypto adoption for mainstream users, reliance on third parties raises questions about transparency and control. As regulators tighten oversight, Revolut’s partnerships will remain critical to its compliance and scalability.

Sources: Revolut disclosures, Chainalysis, Fireblocks, industry interviews, FCA filings.

*This article does not constitute financial advice. Always conduct independent research before investing.*

Money is a tool

Freedom is the goal

Its not about how much your making.

Start asking whose debt are you paying.

Read that again.

One Entity..

While we transition into the era of Sovereign Individuals… we must remember and remind ourselves as promised true sovereignty lies with one individual…

As-Shifa of Qadi Iyad

“A master is that one to whom people go when seeking what they need”

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