Monday, February 20, 2023
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | Have a great start to the week, Geckos!
Close to a year after UST's depeg, now-defunct stablecoin yield platform Stablegains has been sued for customer losses after promoting UST as a 'safe' investment and allegedly funneling customer funds into Anchor Protocol without its users' knowledge.
Stablegains offered 15% interest for customers, pocketing the difference it made from the 20% yield that Anchor Protocol provided at the time.
In other news, Galois Capital calls it quits after FTX losses, Illinois did not get the memo, and San Francisco hiring for CBDC developers.
Read on! |
|
|
|
| 24h Hot Searches Worldwide
| | FTX's Deadline to Claw Back Political Donations Imminent FTX and its debtors are urging political figures and PACs to return donations before Feb 28, with the threat of a prospective bankruptcy court lawsuit. We visualized the funds donated by former FTX executives Sam Bankman-Fried, Ryan Salame, and Nishad Singh based on political group and ideology. | | Former FTX Executives contributed more than $80 million to political groups in 2022, of which liberal groups received the majority at 63%. Bankman-Fried even pledged to donate up to $1 billion during the 2024 election cycle. 👀
Read the study: https://gcko.io/hwvfv8e | | | What does DYOR actually mean? In this video, we'll share 12 helpful tips for you to research crypto like a pro 😎 | | | Yet another FTX domino
Hedge fund Galois Capital officially announces its closure after taking heavy - about half of its assets - losses from FTX's collapse. Kevin Zhou, the co-founder of Galois Capital, apologized to their investors and pointed out that the severity of the FTX situation makes them unable to justify continuing its operations.
The fund will return 90 percent of the funds that are available to investors and will hold on to the remaining 10 percent temporarily by the company until discussions are finalized.
CoinTelegraph | | Illinois did not get the memo
Illinois has recently introduced a Senate Bill which intends to force miners and validators to do things such as reversing transactions, if ordered so by a state court. The act would apply to "blockchain network that processes a blockchain transaction originating in the State."
As such, the bill has been ridiculed by the crypto community due to its infeasible and uninformed nature, being described by some as "the most unworkable state law" related to blockchain and cryptocurrency they had ever seen.
CoinTelegraph | | … Another CBDC
The Federal Reserve Bank of San Francisco is looking for software developers to help research and design a central bank digital currency (CBDC). Several job listings such as Senior Application Architect, Lead Application Developer, and Senior Application Developer all focused on CBDC development have been posted on LinkedIn.
A growing number of countries across the world are either developing or piloting their CBDC, with the current count being at 114 countries.
Decrypt | | | How does Trident's proposed Risk-to-Earn model avoid the common pitfalls of Play-to-Earn games? Also, find out how to try Trident's already-released mini-games and why gamers rage quit.
Continue reading here. |
|
|
|
| | | Follow us on social media & share our newsletter and be rewarded with some CoinGecko goodies! |
|
|
|
0 Komentar untuk "🦎🚀 Old Ghosts Still Haunt 👻🌕"