This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
Share Dialog
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A Discord group of 4,400 incensed investors called the “UST Restitution Group” is collectively out for blood…Do Kwon’s blood, that is. After being fed up with the lack of effort from authorities, the group is using any clues they can gather to determine his possible whereabouts. Currently, there is speculation he could be hiding in Russia, Azerbaijan or even on a yacht. However, Dubai seems to be the most popular opinion, with the country’s crypto-friendly stance, as one member is reportedly planning to travel there to continue the investigation. This all comes on the heels of a Laura Shin interview with Do Kwon on the popular Unchained podcast, where Kwon acknowledged the pressure he feels with the collapse of Luna. He did allude to leaving Singapore due to his location being sniffed out by some. He did not make any mention of his current location.
It’s kind of crazy to remember some of Kwon’s egotistical quotes and fashion shoots and to now see how his far fall from grace. It should be a lesson to all of us…don’t screw with your investors….they will eventually come for blood.
Written by: nikethereum.eth / Medium / Mirror
A Discord group of 4,400 incensed investors called the “UST Restitution Group” is collectively out for blood…Do Kwon’s blood, that is. After being fed up with the lack of effort from authorities, the group is using any clues they can gather to determine his possible whereabouts. Currently, there is speculation he could be hiding in Russia, Azerbaijan or even on a yacht. However, Dubai seems to be the most popular opinion, with the country’s crypto-friendly stance, as one member is reportedly planning to travel there to continue the investigation. This all comes on the heels of a Laura Shin interview with Do Kwon on the popular Unchained podcast, where Kwon acknowledged the pressure he feels with the collapse of Luna. He did allude to leaving Singapore due to his location being sniffed out by some. He did not make any mention of his current location.
It’s kind of crazy to remember some of Kwon’s egotistical quotes and fashion shoots and to now see how his far fall from grace. It should be a lesson to all of us…don’t screw with your investors….they will eventually come for blood.
Written by: nikethereum.eth / Medium / Mirror
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