my takeaway is less about the trading app and more about the institutions on the other side of a transfer. an exchange can keep its screens running while the routes for moving money change around it. The deposit button does not explain all of that.
fincen has issued an order barring covered us financial institutions from sending or receiving funds involving mexc, including crypto. it takes effect 30 days after publication in the federal register. this is an issued order, not a proposal, but the cutoff is not immediate.
treasury alleges mexc moved at least $16b connected to sanctions evasion, cybercrime and other illicit activity between may 2021 and may 2026. those are the authorities allegations, not a criminal conviction. the underlying order puts the figure at $16.7b.
this is not an automatic freeze of customer funds or an order shutting mexc down worldwide. it is a restriction on access through covered us financial institutions. that distinction matters if you are reading headlines and trying to understand what actually changes.
my takeaway is less about the trading app and more about the institutions on the other side of a transfer. an exchange can keep its screens running while the routes for moving money change around it. the deposit button does not explain all of that.
fireblocks says stablecoins averaged over $300b a month on its platform over the past year. Not the whole crypto market.
Turns out moving dollars is a fairly popular use for digital assets.
Greggo retweeted
Ever wondered where your staking rewards come from?
With us, it's lending backed by gold. Borrowers pay interest on loans secured by gold, and that interest goes into your rewards.
No new tokens printed to pay you. Just real interest, paid in gold.
And every payment is on-chain.
We are the best in the industry, we have been for awhile now. We give out information because we have so much to give. @LunarStrategy. If you have a project you can’t afford not to have the absolute best working on it.
after 600+ creatives on the library it was time for another data dump
some interesting insights:
> light colors tend to do better, compared to darker themes
> links on the post hurts engagement not reach, likely because followers that click the link don't do the rest of the engagement on X
> motion is still better across the board
any other data point that would be interesting to look into?
Greggo retweeted
We're building an ecosystem that runs on DeFi.
The OLY token was the first phase of our economic flywheel, built to distribute value.
OLY puts ETH to work in vaults and pools. Since October, OLY’s pools on Robinhood Chain pay rewards that holders can claim.
The OLY Guild is the next phase.
ETH that enters the Bank becomes liquidity that furthers our mission to become one of the largest liquidity providers on Robinhood Chain.
Charter owners gain a seat at the table through Branches that earn daily OLY rewards generated from putting DeFi liquidity to work.
Only 1,000 OLY Charters will exist.
Apply for a whitelist to secure your spot.
south korea wants to push its crypto gains tax from january 2027 to 2029. again.
the proposal still needs national assembly approval. until the law changes, january 2027 remains the start date. its a proposed delay, not a done deal.
the levy is 22% on annual crypto profits above 2.5m won. it has already been postponed three times. officials say tax data sharing, the digital asset law and rules for carrying losses forward still need work.
my take is that getting the rules right matters more than rushing them. but after three delays, investors deserve something firmer than another date pencilled in. a tax plan shouldnt need its own roadmap.
Stake ETH and get stuck waiting to unstake? @LidoFinance hands you stETH instead — still earns, still usable in DeFi.
~$21.7B sitting in it per DefiLlama. liquid staking in 30s. NFA
It’s been absolutely incredible working within the Turtle group. The culture is based on excellence. The good people I get to interact with daily is just an added bonus. This group is on its way to massive things and it’s been a privilege to be along for the ride.
dtcc just opened tokenization for $30T of securities with morgan stanley, jpm, citi and bofa signed on. 24/7 transfers for russell 1000 stocks, etfs and treasuries. the fad crowd is now running the rails. who ends up owning the fees? ???teapawt.net/i/trending/21179181316…
tron now holds $92.35B of USDT vs ethereums $86.69B and settled $2.21T in stablecoins last quarter. the chain everyone loves to dunk on is quietly running the worlds dollar plumbing. still pretending fees dont matter? teapawt.net/i/trending/21172417454…
So true, I’m not investing in a project that doesn’t take pride in their own brand.
I see so many companies with bad X pages
and they wonder why they don’t convert
your X account is a landing page too @LunarStrategy
This is the most important hour of my day. Clear and focused while appreciating and forever searching for beauty , stay human 🙌
Upblock is bringing another great guest on Friday
LIVE this Friday on Upblock: on-chain private credit with @credilabs
CREDI funds SME loans through on-chain liquidity pools. Liquidity providers earn yield from that credit.
@sirsamjenks talks with founder @SPQR74 about how CREDI works.
Tune in on X at 12 PM UTC on Friday.
25% of qualifying revenue back to the ecosystem, a model more chains could stand to copy teapawt.net/nilatoken/status/21178…
When businesses on MindChain grow, the ecosystem grows with them.
25% of qualifying revenue from participating MindChain businesses goes to ecosystem and NILA development:
→ Integrations, wallets and bridges
→ Staking and governance infrastructure
→ Developer tooling
→ Community programs
Usage on the network funds the network.
Read how the contribution model works ↓
btc after the last 3 midterms
2014 obama, dems lost the senate. +12% in 30 days, +25% in 12 months
2018 trump, gop lost the house. down 46% in 30 days, +45% in 12 months
2022 biden, dems lost the house. down 7% in 30 days, +92% in 12 months
2022 Biden, dems lost the House. down 7% in 30 days, +92% in 12 months