Daily Alpha and Summary. 20-21, November, 2023.
Defi
Backed by Paradigm, there’s a new L2 Blast. Users deposit ETH and Stables to earn yield from Lido and MakerDAO. And also farm points. Ceo of Blur and Blast Pacman says Blast is an extension of blur eco
Summary of Blast L2
Phantom finally launched cheap and smooth cross chain swap between ETH and SOL
SNX V3 live soon. Will feature more collateral type deposit, Cross Margin, Account-Based Access and Liquidation Upgrades
Wasabi partners with Flooring to launch fully collaterized NFT preps
Trader loses all funds to MEV bot
#ATOR dipped alot here’s why — Tor shutdown all ATOR nodes; saying they’re against its involvement in their network
#Bonk 10x leverage long or short on Hyperliquid
To curb USDC liquidity fragmentation, Circle releases a bridged USDC standard
Coinbase Endorses frenpet— own and grow pets on base
Oracle free prep options, Panoptic raises $7M led by Greenfield Capital
Pyth airdrop went live
Popular EVM Bridge Lifiprotocol is Integrated by Phantom to offer in wallet Swaps to SOL
State of the Market
New President of Argentina— Javier Milei but aims to replace Peso with Dollar
Sam Altman and some OpenAI staff will join Microsoft on new AI research
SEC files complaint against Kraken
SEC fines Binance $4B to settle criminal case and Binance agrees to pay
CZ steps down as Binance CEO
Summary of what transpired btwn USA DOJ/SEC, Binance and CZ. 18month prison sentence and $50M fine, etc
Seems CZ already in US custody but now out of bond after paying $175M
New Binance CEO- Richard Teng
$1.3B withdrawn from Binance following fud news
Capo still bearish
SEC names these coins as securities
Janet Yellen threatens Crypto Industry
Daily Crypto News