π Peter Brandt: Bitcoin's next lows could be $13,800 or even $10,350.
www.u.today
www.u.today
π About 11% of CoinShares' total net assets are on FTX, worth about $30.3 million. twitter.com
Twitter
exclusive: CoinShares has about 11% of its total net asset value stuck on FTX, worth around $30.3 million. CEO @jmmognetti tells me the assets are from its prop trading activities, separate to ETP biz
π₯οΈ on Terminal now
π₯οΈ on Terminal now
π₯³ 12 projects selected for Season 5 of the Binance Labs Incubation Program covering infrastructure, zkDID, DeFi, tools, security, gaming, and payments sectors.
binance.com
binance.com
π€ CryptoAttack π¬π§
π£ Explanations SBF.
π£SBF: Alameda Research is curtailing trading.
π€ Cryptoquant CEO: Isn't that illegal?
1/ FTX only allows withdrawals for TRX and TRC20.
2/ Users exchange assets for TRX to request a withdrawal.
3/ The price of TRX goes up about 50x on FTX.
4/ Justin deposits TRX on FTX and sells them.
5/ FTX users sell TRX on other exchanges at a significant loss.
1/ FTX only allows withdrawals for TRX and TRC20.
2/ Users exchange assets for TRX to request a withdrawal.
3/ The price of TRX goes up about 50x on FTX.
4/ Justin deposits TRX on FTX and sells them.
5/ FTX users sell TRX on other exchanges at a significant loss.
πββοΈ Binance adds support for credit/debit card payments via Apple Pay and Google Pay.
binance.com
binance.com
π―π΅ The Japan Financial Services Agency ordered the local division of FTX to suspend operations.
π FTX used client accounts to fund risky bets, according to the WSJ.
π 12 projects selected for Q5 Binance Incubator Incubation Plan binance.com
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π₯³ With Tether FUD, more people are selling USDT and USDT borrowing APY has increased significantly.
The basic logic is to deposit USDC/ETH and other assets in Aave/Compound as collateral, borrow USDT, and then sell USDT on Curve to exchange for USDC. If USDT is hot, then USDC can be exchanged for USDT.
The basic logic is to deposit USDC/ETH and other assets in Aave/Compound as collateral, borrow USDT, and then sell USDT on Curve to exchange for USDC. If USDT is hot, then USDC can be exchanged for USDT.
π Axios: FTX approaches Kraken for potential rescue deal theblock.com
πͺπΊπΉ The EU Parliament passed the Digital Transactions Sustainability Act (DORA), cybersecurity legislation regarding cryptocurrencies and fintech
π Microsoft-backed Space and Time joins Nvidia's launch program
the block
the block