Earlier today, we saw Fantom Foundation using their official wallets to purchase tokens of several projects deployed on Fantom blockchain. This included 32000 BOO, 530,000 BEETS, 1,200,000 GEIST, 4800 MMY and 1900 EQUAL tokens. Most of them were then staked by the foundation, for instance they exchanged BOO for xBOO.
Elon Musk, new owner of Twitter is fairly cryptocurrency friendly. We have seen as massive supporter of Bitcoin and Dogecoin in 2021’s bull run. Today, Twitter has rolled out live price support for two of most popular cryptos – bitcoin and ethereum.
Raydium, a decentralized exchange operating on Solana protocol is under trouble. It appears that an account on Solana is draining multiple liquidity pools on that very DEX.
Binance cryptocurrency exchange announced on their website that they will be delisting MITH. While the Mithiril developers are not complaining about that, they are asking the crypto exchange to return their deposit which was whopping 200,000 BNB. This BNB, according to the MITH developers would help Mithril to operate in coming future.
Starting December 15th 2022, non KYC users will be able to withdraw mere $20000 unless they opt for KYC (know your customer). Previously, this was 2 BTC, which is about $34000 right now. Most of the centralized cryptocurrency exchanges have enforced compulsory KYC on their platforms and Bybit was one of few to allow users to withdraw without doing any sort of KYC.
Popular derivatives cryptocurrency exchange, Bybit has announced it will, unfortunately, have to lay off 30-percent of its active workforce. This is second layoff being done by Bybit with one layoff already done back in June 2022.
Myriad community members have reported they not able to withdraw from Coinlist, which is largest crypto crowdfunding platform. Reason given by Coinlist? Their custody partner is undergoing maintenance from past one week.
Metamask has announced that it will soon start collecting users’ IP addresses. It is probably required for future KYC / AML compliance. Let us enjoy the ride towards regulations, I do not know if that is good or bad, but it is probably inevitable. addresses.
Mario Nawfal has exposed unethical behavior by FTX and its founder, Sam Bankman in taking down the Celsius project. He says that before the Celsius addresses got frozen, Mario saw myriad coordinated attacks.
Kyber Network has announced its partnership with Lido Finance that will bring best wstETH liquidity to the Ethereum mainnet. Kyber Swap has already shown stellar results with their wstETH and stMATIC campaigns on three other blockchains, Polygon, Arbirtrium and Opitmism.
