Nexo leaving US, says country lacks clear regulations.
https://twitter.com/Nexo/status/1599818543532740609
📍 Follow @Coins for the hottest news in crypto.
https://twitter.com/Nexo/status/1599818543532740609
📍 Follow @Coins for the hottest news in crypto.
Twitter
Today we are announcing the regrettable but necessary decision that Nexo will be phasing out its products and services in the United States due to a lack of regulatory clarity. 🧵
👍5👎1
North Korea issues emergency order to prepare military combat units at all levels.
What's happening?
What's happening?
🤔18😁6🔥5😱4
Bankrupt crypto lender Celsius gets court approval for extension to file restructuring plan.
Celsius’s new deadline for submission is Feb.15, 2023. The tweet also said the company would use the extended time to explore “ plan for a stand-alone business.”
The court will decide “likely’ next week” whether to allow Celsius Network to sell stablecoins to “provide liquidity for our continued operations.”
Celsius Network applied to sell US$18 million of stablecoins in its “Earn” account for reorganization, but customers of the account argued that the stablecoins in the account belonged to them and that the crypto lender cannot liquidate them.
Celsius filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York in July. A court filing by consulting firm Kirkland & Ellis revealed a US$2.8 billion liabilities in Celsius’ balance sheet.
📍 Follow @Coins for the hottest news in crypto.
Celsius’s new deadline for submission is Feb.15, 2023. The tweet also said the company would use the extended time to explore “ plan for a stand-alone business.”
The court will decide “likely’ next week” whether to allow Celsius Network to sell stablecoins to “provide liquidity for our continued operations.”
Celsius Network applied to sell US$18 million of stablecoins in its “Earn” account for reorganization, but customers of the account argued that the stablecoins in the account belonged to them and that the crypto lender cannot liquidate them.
Celsius filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York in July. A court filing by consulting firm Kirkland & Ellis revealed a US$2.8 billion liabilities in Celsius’ balance sheet.
📍 Follow @Coins for the hottest news in crypto.
👍5👎5🤔1😢1
SushiSwap proposes to direct 100% of xSUSHI revenue to treasury wallet.
Head Chef, "I’ve spent most of my time analyzing the operational and budgetary expenses and liabilities to ensure the project’s long-term success. After reviewing expenditures, it’s clear that a significant deficit in the Treasury threatens Sushi’s operational viability, requiring an immediate remedy."
Full proposal: https://forum.sushi.com/t/reinstated-increase-kanpai-treasury-allocation-to-100/11475
📍 Follow @Coins for the hottest news in crypto.
Head Chef, "I’ve spent most of my time analyzing the operational and budgetary expenses and liabilities to ensure the project’s long-term success. After reviewing expenditures, it’s clear that a significant deficit in the Treasury threatens Sushi’s operational viability, requiring an immediate remedy."
Full proposal: https://forum.sushi.com/t/reinstated-increase-kanpai-treasury-allocation-to-100/11475
📍 Follow @Coins for the hottest news in crypto.
Common
Discuss, organize, and grow decentralized communities
👎2
Host: Where did you get the money to buy shares of Robinhood?
SBF: {Playing league of legends} stammers. stutters. full video here: https://twitter.com/ricburton/status/1599800323253891073
📍 Follow @Coins for the hottest news in crypto.
SBF: {Playing league of legends} stammers. stutters. full video here: https://twitter.com/ricburton/status/1599800323253891073
📍 Follow @Coins for the hottest news in crypto.
Twitter
The @fintechfrank interview with @sbf_ftx is simply unmissable
He absolutely pins him to a post on multiple topics
If the justice system works, I hope this interview will be used as evidence
He absolutely pins him to a post on multiple topics
If the justice system works, I hope this interview will be used as evidence
👍3
BNB Chain Builder Grant Names November Winners
Owl Protocol and Blockvision
https://www.bnbchain.org/en/blog/bnb-chain-builder-grant-names-november-winners/
📍 Follow @Coins for the hottest news in crypto.
Owl Protocol and Blockvision
https://www.bnbchain.org/en/blog/bnb-chain-builder-grant-names-november-winners/
📍 Follow @Coins for the hottest news in crypto.
owlprotocol.xyz
Owl Protocol - Web3 for Every Business
The most powerful and simple API for Web3, abstract blockchain complexity with a keyless, gasless, scalable API that every developer can use. Build on our cutting edge blockchain infrastructure for over 100+ Ethereum VM chains, or deploy your own app chains…
👍1👎1
Ledger partnered with iPod designer to create its newest product, Ledger Stax.
https://techcrunch.com/2022/12/06/ledgers-latest-crypto-wallet-taps-ipod-designer-in-bid-to-boost-accessibility/
📍 Follow @Coins for the hottest news in crypto.
https://techcrunch.com/2022/12/06/ledgers-latest-crypto-wallet-taps-ipod-designer-in-bid-to-boost-accessibility/
📍 Follow @Coins for the hottest news in crypto.
TechCrunch
Ledger’s latest crypto wallet taps iPod designer in bid to boost accessibility
Ledger, a security-focused firm that sells crypto hardware wallets, has partnered with the designer behind the iPod, Tony Fadell, in hopes of creating an easier, more accessible way for users to secure their crypto assets.
👎1
$BUSD is dominating $USDC and $USDT on exchange reserves.
BUSD number has increased by 40%, while USDT & USDC are going down bad.
📍 Follow @Coins for the hottest news in crypto.
BUSD number has increased by 40%, while USDT & USDC are going down bad.
📍 Follow @Coins for the hottest news in crypto.
👍3
Alameda's VC portfolio was published by Financial Times a couple hours ago.
Here are the largest token investments according to the spreadsheet published by FT:
HOLE - $67.5m
Polygon - $50m
NEAR (FTX) - $50m
Port Finance - $33.5m
NEAR (Alameda) - $30m
MINA - $20m
Fuel - $15m
1Inch - $10m
Secret Network - $10m
Euler - $5.6m
Stay safe.
📍 Follow @Coins for the hottest news in crypto.
Here are the largest token investments according to the spreadsheet published by FT:
HOLE - $67.5m
Polygon - $50m
NEAR (FTX) - $50m
Port Finance - $33.5m
NEAR (Alameda) - $30m
MINA - $20m
Fuel - $15m
1Inch - $10m
Secret Network - $10m
Euler - $5.6m
Stay safe.
📍 Follow @Coins for the hottest news in crypto.
👍7🤔2🤯1
👍8🤔3
Warner Music, Polygon and LGND partner to launch Web3 music platform.
The platform LGND Music is set to officially launch in January 2023, and will also include dance record label Spinnin’ Records.
https://cointelegraph.com/news/warner-music-polygon-and-lgnd-io-partner-to-launch-web3-music-platform
📍 Follow @Coins for the hottest news in crypto.
The platform LGND Music is set to officially launch in January 2023, and will also include dance record label Spinnin’ Records.
https://cointelegraph.com/news/warner-music-polygon-and-lgnd-io-partner-to-launch-web3-music-platform
📍 Follow @Coins for the hottest news in crypto.
Cointelegraph
Warner Music, Polygon and LGND partner to launch Web3 music platform
The new platform will allow users to play their digital collectibles on the go.
👎2
ConsenSys Data Retention Update.
We are working on narrowing retention to 7 days and we will append these retention policies to our privacy policy in an upcoming update.
We have never and will never sell any user data we collect. We use data strictly in adherence with the use limitations described in our privacy policy.
We are also making some updates to MetaMask to reinforce our commitment to user choice. While Infura is the pre-loaded default RPC provider when users install MetaMask, sometimes a user wishes to designate an alternate third-party RPC or self-host their own node.
From a privacy perspective, we caution that these alternatives may not actually provide more privacy; alternate RPC providers have different privacy policies and data practices, and self-hosting a node may make it even easier for people to associate your Ethereum accounts with your IP address.
Full Blog: https://consensys.net/blog/news/consensys-data-retention-update/
📍 Follow @Coins for the hottest news in crypto.
We are working on narrowing retention to 7 days and we will append these retention policies to our privacy policy in an upcoming update.
We have never and will never sell any user data we collect. We use data strictly in adherence with the use limitations described in our privacy policy.
We are also making some updates to MetaMask to reinforce our commitment to user choice. While Infura is the pre-loaded default RPC provider when users install MetaMask, sometimes a user wishes to designate an alternate third-party RPC or self-host their own node.
From a privacy perspective, we caution that these alternatives may not actually provide more privacy; alternate RPC providers have different privacy policies and data practices, and self-hosting a node may make it even easier for people to associate your Ethereum accounts with your IP address.
Full Blog: https://consensys.net/blog/news/consensys-data-retention-update/
📍 Follow @Coins for the hottest news in crypto.
Consensys
Consensys Data Retention Update | Consensys
👍3👎1
The daily total value moved on-chain for Solana is down 96% in the wake of the FTX collapse. Solana averaged $32.9B per day of total value moved from the beginning of October until the FTX collapse. Since then, Solana has averaged $1.4B per day.
Most of the value moved consists of transactions involving SOL, USDC, USDT, ETH, and SRM. While SOL and SRM are down 57% and 69% respectively since Oct. 1, they only account for a portion of the daily value moved on Solana.
Notably, the largest daily amount of SRM value moved since the beginning of October occurred on Nov. 13, only two days after the FTX collapse. On this day, $2.4B worth of SRM was moved, accounting for 73% of the daily on-chain value moved on Solana.
The number of daily active wallets on Solana is down 29% as well. Solana averaged 565K daily active wallets from the beginning of October until the FTX collapse. Since then, Solana has averaged 398K.
📍 Follow @Coins for the hottest news in crypto.
Most of the value moved consists of transactions involving SOL, USDC, USDT, ETH, and SRM. While SOL and SRM are down 57% and 69% respectively since Oct. 1, they only account for a portion of the daily value moved on Solana.
Notably, the largest daily amount of SRM value moved since the beginning of October occurred on Nov. 13, only two days after the FTX collapse. On this day, $2.4B worth of SRM was moved, accounting for 73% of the daily on-chain value moved on Solana.
The number of daily active wallets on Solana is down 29% as well. Solana averaged 565K daily active wallets from the beginning of October until the FTX collapse. Since then, Solana has averaged 398K.
📍 Follow @Coins for the hottest news in crypto.
👍3😱3🥰1