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.
