π Weekly Report Glassnode: BTC faces strong resistance as it approaches several key value fundamentals on the network. With very early signs pointing to a positive change in demand and a convergence of market acquisition prices, the BTC holder base is slowly but surely saturating with those with the strongest determination.
π The Staked aTokens offer represents an important piece of the puzzle in Aave and Balancer's long-term strategies, allowing Balancer Liquidity Providers (LPs) to borrow against their tokens from a liquidity pool as collateral.
If approved, the proposal lays the groundwork for a GHO go-to-market strategy that avoids Aave-like incentives. The strategy uses Aave's veBAL to incentivize the backing of Balancer LP while leveraging Aave's ability to control GHO borrowing rates to increase GHO's liquidity.
If GHO is successful, the conditions will be set for Aave and Balancer to experience significant TVL growth, creating a legitimate stablecoin competitor built on capital-efficient liquidity from the two DeFi giants.
If approved, the proposal lays the groundwork for a GHO go-to-market strategy that avoids Aave-like incentives. The strategy uses Aave's veBAL to incentivize the backing of Balancer LP while leveraging Aave's ability to control GHO borrowing rates to increase GHO's liquidity.
If GHO is successful, the conditions will be set for Aave and Balancer to experience significant TVL growth, creating a legitimate stablecoin competitor built on capital-efficient liquidity from the two DeFi giants.
π€ CryptoAttack π¬π§
β Miner Iris Energy stated that some of their machines do not cover funding costs. coindesk.com
β Iris Energy announced that two of their miners received default notices on over $100 million in debt.
theblock.com
theblock.com
π¬π§ Tinkoff Investments will remove Meta Platforms shares from the list of liquid assets on November 10 due to the suspension of trading.
After the securities are removed from the list, they cannot be bought "with leverage", and they will not be able to act as collateral for margin trading.
After the securities are removed from the list, they cannot be bought "with leverage", and they will not be able to act as collateral for margin trading.
π Solana's new scaling protocol, Layer N, has exited its latent development phase and is expected to launch next year.
theblock.com
theblock.com
π³π± The Queen of the Netherlands supports the digital euro.
cointelegraph.com
cointelegraph.com
Cointelegraph
Queen MΓ‘xima of the Netherlands comes out in support of digital euro
The Queen of the Netherlands said a digital euro could encourage financial inclusion among underserved communities by circumventing roadblocks including fees and documentation.
π€ Square Enix has joined the Cross The Ages Metaverse as a strategic investor.
cryptoslate.com
cryptoslate.com
CryptoSlate
Square Enix joins Cross The Ages Metaverse as strategic investor
The partnership will assist CTA with its development program, talent retention, and marketing of its first fun-to-play blockchain game.
π€ CryptoAttack π¬π§
π΅οΈββοΈπΏ SBF, FTX, CZ #in focus #kipesh
π£ cz_binance: Funny memes, the media and some people tried to make it look like a "fight". Sorry to disappoint, but I spend my energy building, not fighting. Today I spent my day in our business and our community. I suggest others do the same.
π The number of NFT-only trademark applications has grown from 2,142 filed in 2021 to 6,855 by the end of October 2022.
cointelegraph.com
cointelegraph.com
β Consolidation of BTC mining, more bankruptcies expected, analysts say.
www.blockworks.com
www.blockworks.com
π€ CryptoAttack π¬π§
π΄ββ οΈ ο½210 #ETH (~$350k) into Tornado Cash from Deribit Hotwallet Exploiter 0xb...4CD
π Stolen funds (of > 2K ETH) from Deribit translated in Tornado Cash.
π£ cz_binance: $NGN is back on Binance.
Twitter
$NGN is back on #Binance π³π¬
Always building.
Always building.
ππ
Developments for tomorrow and digest
Telegram
ΠΡΠΈΠΏΡΠΎΠΡΠ°ΠΊΠ°
π ΠΠ»Π°Π²Π½ΠΎΠ΅ Π·Π° ΡΠ΅Π³ΠΎΠ΄Π½Ρ:
π ββοΈ Meta ΠΏΠ»Π°Π½ΠΈΡΡΠ΅Ρ ΠΌΠ°ΡΡΠΎΠ²ΡΠ΅ ΡΠ²ΠΎΠ»ΡΠ½Π΅Π½ΠΈΡ.
π Circle Π²Π²ΠΎΠ΄ΠΈΡ Euro Coin Π² Π±Π»ΠΎΠΊΡΠ΅ΠΉΠ½ Solana.
π΄ββ οΈ ΠΠ·Π»ΠΎΠΌ MooCakeCTX.
π ΠΡΡΡΡΡ: CFTC, CoinShares, Glassnode
π Neon Labs ΡΠ°Π·Π²Π΅ΡΠ½ΡΡ Neon EVM Π½Π° Solana.
π Polygon ΠΏΡΠ΅Π²ΡΡΠ°Π΅Ρ 188 ΠΌΠ»Π½ ΡΠ½ΠΈΠΊΠ°Π»ΡΠ½ΡΡ β¦
π ββοΈ Meta ΠΏΠ»Π°Π½ΠΈΡΡΠ΅Ρ ΠΌΠ°ΡΡΠΎΠ²ΡΠ΅ ΡΠ²ΠΎΠ»ΡΠ½Π΅Π½ΠΈΡ.
π Circle Π²Π²ΠΎΠ΄ΠΈΡ Euro Coin Π² Π±Π»ΠΎΠΊΡΠ΅ΠΉΠ½ Solana.
π΄ββ οΈ ΠΠ·Π»ΠΎΠΌ MooCakeCTX.
π ΠΡΡΡΡΡ: CFTC, CoinShares, Glassnode
π Neon Labs ΡΠ°Π·Π²Π΅ΡΠ½ΡΡ Neon EVM Π½Π° Solana.
π Polygon ΠΏΡΠ΅Π²ΡΡΠ°Π΅Ρ 188 ΠΌΠ»Π½ ΡΠ½ΠΈΠΊΠ°Π»ΡΠ½ΡΡ β¦
The Staked aTokens offer represents an important puzzle piece in Aave and Balancer's long-term strategies, allowing Balancer Liquidity Providers (LPs) to borrow against their tokens from a pool of liquidity as collateral.
If approved, the proposal lays the groundwork for a GHO go-to-market strategy that avoids Aave-like incentives. The strategy uses Aave's veBAL to incentivize the backing of Balancer LP while leveraging Aave's ability to control GHO borrowing rates to increase GHO's liquidity.
If GHO is successful, the conditions will be set for Aave and Balancer to experience significant TVL growth, creating a legitimate stablecoin competitor built on capital-efficient liquidity from the two DeFi giants.
If approved, the proposal lays the groundwork for a GHO go-to-market strategy that avoids Aave-like incentives. The strategy uses Aave's veBAL to incentivize the backing of Balancer LP while leveraging Aave's ability to control GHO borrowing rates to increase GHO's liquidity.
If GHO is successful, the conditions will be set for Aave and Balancer to experience significant TVL growth, creating a legitimate stablecoin competitor built on capital-efficient liquidity from the two DeFi giants.
π The Central Bank of Russia publishes a report aimed at integrating crypto assets into the financial system theblock.com
π Changpeng Zhao: There was no war with FTX, the whole incident was not planned twitter.com