Newsletter 24 hours last Wednesday - December 21 šŸ”„šŸ”„

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21 Dec 2022
10



šŸ“° Elon Musk will resign as Twitter CEO, retire to run the software & server division

šŸ“° Sam FTX will be extradited to the US tomorrow with a series of criminal charges and a "loose" prison sentence.

šŸ“° Over 100 BTC related to QuadrigaCX exchange (which went bankrupt) suddenly moved out of cold wallets after 3 years of inactivity

šŸ“° Gemini exchange starts the path to recover $ 900M from Genesis and DCG

šŸ“° Founder (MM) Auros goes bankrupt because of being stuck at 20M$ on FTX

šŸ“° Wintermute revenue down nearly 80%, from $1 billion in 2021 -> $225 million in 2022, Market Makers are having a hard time

šŸ“° Cosmos DEX Sifchain is about to stop working, the project has received investment from Alameda

šŸ“° Waves will have a new stablecoin that "cannot lose peg" as an alternative to USDN

šŸ“° BitDAO proposes to buy back 100M$ of Bybit exchange token (BIT)

šŸ“° Uniswap cooperates with MoonPay to allow buying Crypto by card or cross-border bank transfer

šŸ“° Axelar (AXL) set up a fund of 60M$, cooperated with Circle and Polygon to develop web3

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