Sec Summer & Alpha V5
A tough time in crypto. We all have to stand strong. What’s really going on and why? This will be explained here and yes with the weekly alpha too. Lfg
A tough time in crypto. We all have to stand strong. What’s really going on and why? This will be explained here and yes with the weekly alpha too. Lfg
most notably: BNB, Matic, Busd, Atom & the rest
Binance is accused of wash trading & misdirecting billions in funds to a foreign firm owned by CZ
Accusations are: fraudulent independence of Binance US and Int’l;
unregistered exchange, operating security (staking programs)
Coinbase, which had received a prior Wells notice in March of this year, received another complaint just 4 days ago. The new accusation is almost identical to the one against Binance.
Interestingly, Coinbase pointed out that it had already been reviewed by Sec in 2021
Binance responds with Gud statement
Things take another turn as US banks don’t wanna work w Binance US & have lost access to US dollars
Binance US stops USD deposits & on June 13 is stopping withdrawals
“Binance US is transitioning to a "crypto-only" platform,” no USD ramp
As for Coinbase it seems they’re slowly transitioning from US to a more crypto friendly environment
In the image below we can see Brian and UAE; some maxbidding innit
If USA can’t embrace the future, then they can stay past or is this a disguise to create bottom and buy-in
Pledditor points out that Coinbase can harm US companies because:
“1. crypto is used by terrorists and Coinbase can freeze coins on behalf of the government.
2. USDC buys US treasuries.
3. Coinbase can attack networks/protocols at the government's request.”
Or is this an economic war between US and China 🤔
Is crypto now used as an economic war
Such similarity 👇🏻👇🏻
What would’ve caused the sharp reds yesterday?
Some say an institution was liquidated
Facts say; Robinhood delisting koins like Matic, Ada, sol
And Jump; a big fund selling its Matic stack
Huge amounts held in Robinhood
I’ll say this- the future is us and AI
It’s up to us to stand together at these trying times cos definitely there’ll be Gud and bad times
Don’t fud, don’t sell, hodl coz Wgmi
Also, I’m sure and I think Binance is pivoting to BNB chain for dex
Alex Wacy points this too
As exchanges receive these clamps, defi is the only resort and should be— decentralized finance
The growth is growing
Alpha time, DeFi alpha and airdrop alpha
Defi
Raft is live $R and has since seen $31million in TVL
@redactedcartel hidden hand V2
It’s hidden, wait for reveal
New bribe types other new features
ze $BTRFLY effect
Also Polygon zkEVM integration soonnn
More on its expansion and scope
Omnipools; It’s now live
Chad Andrew max bids Radiant
Like the say- the farmer makes the most money
Alpha farming 👇🏻
$rETH and $wstETH pools are live on Pendle
Very important👇🏻
Poopman breaks down frxETH v2
The image says it all
MetaMask has been a mess tbh
So Rabby wallet
Airdrop
Possible Airdrop to look into
Aptos Enjoyooors another airdrop soon
All airdrops in a single link
All ye LZ farmers
Philand Airdrop
A new bridge by LZ means a new way to farm
In other news
