cxtvet retweeted
Binance has begun recovering affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace, freeze and recover additional funds.
The company has already publicly committed to cover losses through company funds in the prior announcement.
Binance has already reserved over $6.34B of company funds to cover this incident. $5B of these funds are already held in the exact token assets that were impacted. We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining token assets and address any asset shortfalls. This step can take longer because some tokens may have low liquidity and OTC settlement also takes time. We will share more progress as soon as we can.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification. Currently, $3bn has been frozen, with thanks to our industry partners. We are working with partners and law enforcement to recover the frozen assets.We will continue to use company resources to cover confirmed shortfall and will provide further verified updates as recovery efforts progress. Ultimately, all user funds will be verified publicly through our Proof of Reserves.
We will weather this storm. Thank you for the support.
Follower bonus for today: message me on WhatsApp and I'll share my takeaways on managing U.S. stock trades, including how I view a position as it develops. Reach out today to get today's follower notes 👇 👇 wa.me/15806723201?text=Get%2…
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Today only, my followers can contact me on WhatsApp for my U.S. stock opening-range notes. See which early price areas I track during a session. Click below to contact me for today's research notes 👇 wa.me/15806723201?text=Signa…
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Today only, my followers can contact me on WhatsApp for my U.S. stock opening-range notes. See which early price areas I track during a session. Click below to contact me for today's research notes 👇 wa.me/15806723201?text=Signa…
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Today only, my followers can contact me on WhatsApp for my U.S. stock opening-range notes. See which early price areas I track during a session. Click below to contact me for today's research notes 👇 wa.me/15806723201?text=Signa…
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cxtvet retweeted
🇺🇸 Fed rate hike odds have crashed from 51% to 14.9% in just 2 days.
Bullish for the crypto market.
cxtvet retweeted
The Bitwise NEAR ETF ($NRR), the first spot $NEAR ETP in the US, is now trading on NYSE Arca.
It gives institutions straightforward access to the protocol powering universal markets, the privacy renaissance, and user-owned AI.
The future is NEAR.
Introducing $NRR—the Bitwise NEAR ETF—giving investors exposure to the emerging agentic economy.
$NRR is the first spot $NEAR ETP in the U.S. and offers in-house staking to maximize NEAR's ~5% staking rewards.*
Why @NEARprotocol?
↳ Built at the intersection of AI x crypto by foundational AI researchers: The team helped shape modern AI, and now they're building its transaction layer.
↳ Growing quickly: NEAR Intents has processed $32B+ in volume, up from under $1B a year ago.
↳ Designed for security: NEAR Intents settle cross-chain transactions through smart contracts to avoid the potential risks of centralized bridges.
↳ Made for scale: Transactions finalize in ~1.2 seconds and cost a fraction of a cent.
↳ Smart tokenomics: With a ~$6B market cap, NEAR's supply is fully unlocked, inflation was recently halved to 2.5% per year, and fees now fund buybacks.
Why in-house staking?
Staking in-house brings Bitwise's institutional expertise directly to NRR investing with transparency, security, and oversight.
As AI and crypto converge, the Bitwise NEAR ETF ($NRR) gives investors straightforward exposure to the network leading the charge.
Learn more at nrretf.com
cxtvet retweeted
Ethena is partnering with @Binance as our first venue for the extension of the basis trade into equity perpetuals, one of the most exciting updates to the USDe collateral backing since launch.
This expands the addressable market of underlying collateral from $2.5 trillion of crypto to $150 trillion+ of real-world assets.
As part of the partnership, bStocks will serve as tokenized spot collateral, hedged with Binance USDT-denominated equity perpetuals - the same delta-neutral structure Ethena has securely executed across crypto assets since inception.
Importantly, Binance provides lower ADL priority for eligible delta-neutral accounts including Ethena's, adding another layer of risk mitigation for USDe holders.
Binance equity basis has averaged ~11%+ annualized over the past 6 months, while open interest has grown on average ~30% per month in the last 3 month period.
We expect the market opportunity size for equity perpetuals to far exceed the $15b+ of crypto perpetuals captured by Ethena last cycle.
Allocations begin today.
cxtvet retweeted
Now live on Ethereum and BNB Chain.
The first three Ondo Intelligent Portfolios, powered by BlackRock, are available through:
→ 0x
→ 1inch
→ MEW
→ LI․FI
→ Uniswap
→ CowSwap
→ Treasures
→ RWA Inc.
→ MetaMask
→ PancakeSwap
→ Trust Wallet
→ Binance Wallet
→ Blockchain․com
→ And many more
cxtvet retweeted
Introducing Ondo Intelligent Portfolios, the first three portfolios powered by BlackRock.
Ondo Intelligent Portfolios introduces a new onchain product category: curated investment portfolios delivered as single onchain transferable tokens.
The first three portfolios are based on portfolio strategies developed by BlackRock for Ondo, marking the first time eligible onchain investors can access exposure to such strategies through a single token.
1. BLKHIon: Ondo High Income Powered by BlackRock
2. BLKDIGon: Ondo Diversified Growth Powered by BlackRock
3. BLKGRWon: Ondo High Growth Powered by BlackRock
Diversified, professionally constructed strategies have historically required brokerage accounts and traditional fund structures. Now, delivered as peer-to-peer transferable tokens from Ondo, these onchain portfolios become accessible to eligible non-US investors in permitted jurisdictions through the wallets, exchanges, and DeFi applications they already use.
“Tokenization creates new ways for portfolio strategies to be delivered through digital infrastructure. Diversified portfolio strategies can be incorporated into tokenized investment products, enabling eligible investors to access diversified allocations through a single instrument. It shows how established portfolio construction approaches can be delivered through new channels and technologies.” - Lisa O’Connor, Global Head of the Model Portfolio Solutions team and Co-CIO for Global Solutions within the Multi-Asset Strategies group at BlackRock
Ondo Intelligent Portfolios can unlock novel capabilities:
→ Programmatic rebalancing
→ Full composability with DeFi
→ Complete transparency onchain
→ Multiple asset classes in a single token
This is just the start for Ondo Intelligent Portfolios. The infrastructure is now in place for leading financial institutions to bring their asset allocation expertise onchain.
Join me on the Jumper waitlist. waitlist.jumper.xyz/r/JMP-A9…
$JUMP
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