First Mover Americas: Binance.US CEO Departs as Company Cuts 1/3 of Workforce
The latest price moves in crypto markets in context for Sept. 13, 2023.
Financial
New Avalanche Dapp Lets Traders Swap Hundreds of Different Tokens in Single Transaction
Multiswap’s code creates a liquidity pool of several different tokens that can be easily traded with each other – making these trades in a single transaction possible.
Lido’s Staked Ether Tokens Can Soon Be Used on Cosmos, IBC Blockchains
Lido is the leading provider of liquid-staking solutions and its staking token, stETH, has a $13.8 billion market capitalization.
These 4 Charts on Households’ Finances Explain Bitcoin’s Lull
Mainstream interest in the crypto market remains low as key economic indicators show continued decline in the disposable income of the U.S. households.
Ether Trading at 27% Discount to Fair Value, New Research Shows
Research firm RxR’s blended Metcalfe law-centric valuation model, incorporating active user adoption of layer 2 scaling networks, suggests ether should trade at a market value of $275 billion.
Mark Cuban Loses Nearly $1M to Crypto Scam
The billionaire said he logged in to his crypto wallets after months of inactivity but had likely clicked on a phishing link.
The Protocol: The CFTC Is Cracking Down on Crypto
The move marks a contrast to its previously ‘lenient’ image compared to the SEC.
NFL Quarterback Trevor Lawrence and Two YouTube Influencers Settle FTX Case
NFL team Jacksonville Jaguars’ quarterback Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash agreed to undisclosed terms, while BitBoy has been dismissed from the case.
Hong Kong Probe Into Crypto Exchanges JPEX Results in Arrest
SCMP reported that Hong Kong police had received 83 complaints about the platform, which was operating without a license.
Ethereum’s Holesky Testnet Fails To Launch, in Rare Tech Misstep for the Blockchain
Developers of the Ethereum blockchain say there was a misconfiguration in the genesis files of the test network, and now they plan to try again in about two weeks.