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6. Again it sounds like semantics on the buyback program. BitMax says they did this from their own funds with the capital for this coming "directly from a segregated account owned by BitMax.io and was distinct from any capital used to provide liquidity of DEEP order books" . DEEP claims these were actually their own funds that were locked up via BitMax. Either way, the takeaway from this is that George himself stated today that "the mm got 680k cash equivalents from deep. Not 1m" while the linked article for the buyback program says there are 3.75 DEEP tokens that will be used "alongside > $1,000,000 worth of USDT and BTC for strategic liquidity provision ("market making") for depth and trading efficiency."

7. Just as an aside, a user correctly pointed out one of the major issues at BitMax right now, that most tokens order spread is high and only bot trading is on most of the low volume coins. On some coins the spread between buy and sell is around 20%...

Funnily enough, this whole situation is a project doing some dodgy things and an exchange doing some dodgy things. DEEP released more tokens then they said they would and possibly sold tokens to private sale at a much lower price than publicly stated. BitMax responded by fucking the project from every angle. What matters most in this situation is the retail investors who ended up holding the bag. RIP to them.

George from BitMax has asked Max from DEEP to allow him to release all private communication between the two on this matter. Max from DEEP stated they will do an AMA themselves reagrding this situation. Either way as you can see from the above, both are guilty parties and we encourage both sides to release the full communication from both teams into the public domain so people can decide for themselves as to which one is more guility. Our guess is that BitMax will try and sweep this under the rug moving forward and that DEEP won't allow release of the communication as it will make them look worse. Let's see...
IDEX are now offering up to 4x leveraged BTC and ETH

We’re excited to share with you that both BTC and ETH leveraged synthetic assets are now available with up to 4x leverage*. Starting today, all non-US users have access to L/SBTC and L/SETH for long and short Bitcoin or Ethereum exposure.

BTC and ETH at a glance:

Leverage up to ~4x*
No borrow/supply fees or interest rate
No Liquidation penalty or margin maintenance
Expire every 28 days
Built on Market Protocol
Naked shorting, allegedly brought to you by BitMax
Forwarded from Artak Hamazaspyan
Hey guys sorry for all the worry about VoB event, I missed for family reasons. Sister's husband is very sick and had to attend to this last minute. Apologies for the inconvenience and causing you to worry
Interesting PR release from Bitfinex. Seems like every exchange is getting some FUD at the moment. Bitfinex has come out swinging on this one using phrases like "We fully expect mercenary lawyers to use this deeply flawed paper to solicit plaintiffs for an opportunistic lawsuit".

Wouldn't mind some cheap USDT right now. Anyone remember the tether FUD from last year where it dropped to the low 90's?

https://www.bitfinex.com/posts/423
The world is a meme...

https://mcafeedex.com/
Facebooks Libra platform has already been "forked"

Open Libra was just presented at Devcon. Includes a VERY fresh Github...

Quite a few names from Cosmos involved but one wonders what the point of this is, consdering the appeal of Facebook's version of Libra was their massive userbase...

In before OpenLibra starts trying to raise funds...

https://www.openlibra.io/
Wolf Crypto News
Facebooks Libra platform has already been "forked" Open Libra was just presented at Devcon. Includes a VERY fresh Github... Quite a few names from Cosmos involved but one wonders what the point of this is, consdering the appeal of Facebook's version of…
Just an FYI on this. One of the founders of OpenLibra is Lucas Geiger. Lucas raised $20M for an ICO called Wireline in 2018. Wireline have since failed to deliver a product or even distribute tokens, tokens which were promised in Q2 2018. Their Telegram group is dead and the team has stopped communicating to investors. Requests from investors regarding status updates on the project in their Telegram group are told to check Twitter instead. Their Twitter account is now shilling OpenLibra.

Don't you just love it when founders raise money for a project, don't deliver a product or a token and start working on another one? Like we said in the previous post, in before there is a raise for OpenLibra...
Sergey Nazarov from LINK at Devcon 5

Chainlink will be launching 7 new price reference data oracle networks on the Ethereum Mainnet for popular assets such as BTC, DAI, USDC, ZRX, REP, WBTC, BAT in addition to the already live ETH.

The new price reference data oracle networks are designed to give back to the Ethereum community & to grow the DeFi ecosystem by giving developers easy access to high-quality pricing data that has been verified by the most decentrally secure oracle network.

https://www.youtube.com/watch?v=eePZhhoNkY4