Newsletter 24 hours last Wednesday - December 21 π₯π₯
π° Elon Musk will resign as Twitter CEO, retire to run the software & server division
π° Sam FTX will be extradited to the US tomorrow with a series of criminal charges and a "loose" prison sentence.
π° Over 100 BTC related to QuadrigaCX exchange (which went bankrupt) suddenly moved out of cold wallets after 3 years of inactivity
π° Gemini exchange starts the path to recover $ 900M from Genesis and DCG
π° Founder (MM) Auros goes bankrupt because of being stuck at 20M$ on FTX
π° Wintermute revenue down nearly 80%, from $1 billion in 2021 -> $225 million in 2022, Market Makers are having a hard time
π° Cosmos DEX Sifchain is about to stop working, the project has received investment from Alameda
π° Waves will have a new stablecoin that "cannot lose peg" as an alternative to USDN
π° BitDAO proposes to buy back 100M$ of Bybit exchange token (BIT)
π° Uniswap cooperates with MoonPay to allow buying Crypto by card or cross-border bank transfer
π° Axelar (AXL) set up a fund of 60M$, cooperated with Circle and Polygon to develop web3
![[βππ§ππ£] ππππ ππ π¦π£ πΉππ₯ππ ππ - Sell Into "The Gospel of Greed"](https://cdn.bulbapp.io/frontend/images/7691d4fc-7dcc-4144-acbf-12397f6d0ba3/2)
