SEC communicates with Bitcoin ETF issuers to reiterate cash-only model. ETF analysts continue to expect a positive decision by Jan 8-10, 2024 — Thread
X (formerly Twitter)
James Seyffart (@JSeyff) on X
Will be interesting to see who updates their documents after this. SEC might not be comfortable with a Prime Execution Agent (a 3rd party buying and selling bitcoin on behalf of the ETF) purchasing the #Bitcoin in the cash model . This is how BlackRock's…
⚠️ Manifold Trading founder Jae has been simswapped, avoid clicking on any links from his and the Manifold Trading account.
Kucoin lists Multibit (MUBI), deposits are live and trading begins at 9:00 UTC on December 22, 2023 — Kucoin
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#AirdropAlpha
Manta Pacific is an Ethereum L2. To secure TVL for their new chain launching in January, they're doing a campaign for users to deposit (bridge) ETH or USDC into their L2 (Remember Blast L2?)
This then gets converted into:
- STONE: ETH LST, underlying is 100% staked with Lido as of time of writing (Stone Docs)
- wUSDM: wrapped USD, underlying is USDC deployed into various DeFi strats (USDM Docs)
Note that deposits via the Manta bridge can't be withdrawn until Februrary 2024. You can however circumvent this by swapping your converted assets e.g. STONE for ETH on quickswap — you'll eat some spread.
So how are you earning from this?
- you earn yield on your ETH or USDC via underlying yield strategies (min. deposit of 0.25E per wallet)
- you earn Boxes which give you MANTA tokens, either by bridging more ETH/USDC or referring friends
- you can use your STONE or USDM to earn more yield on Manta L2 itself (LP, lending, perps)
- if you farm on the L2 and use protocols you also qualify for their airdrops
From the article:
Phase 1:
Users bridge and deposit ETH or USDC to earn yield and Manta Box Pieces. The deposit period is open until January 2024.
Phase 2 (I don't quite understand this part):
You can receive STONE and wUSDM within 24 hours to farm within Manta Pacific L2. You can claim MANTA token rewards with NFTs until January 2024 before the deposit ends.
Phase 3:
After 69 days of MANTA token rewards distributed, you can withdraw ETH and USDC back from STONE and wUSDM back from STONE and wUSDM.
Referral Code — https://newparadigm.manta.network?inviteCode=SYZWQ
*will share some advanced strats once we reach the next team goal for Ian's Intel (use my ref link to help us reach the goal!)
**nfa, dyor
Manta Pacific is an Ethereum L2. To secure TVL for their new chain launching in January, they're doing a campaign for users to deposit (bridge) ETH or USDC into their L2 (Remember Blast L2?)
This then gets converted into:
- STONE: ETH LST, underlying is 100% staked with Lido as of time of writing (Stone Docs)
- wUSDM: wrapped USD, underlying is USDC deployed into various DeFi strats (USDM Docs)
Note that deposits via the Manta bridge can't be withdrawn until Februrary 2024. You can however circumvent this by swapping your converted assets e.g. STONE for ETH on quickswap — you'll eat some spread.
So how are you earning from this?
- you earn yield on your ETH or USDC via underlying yield strategies (min. deposit of 0.25E per wallet)
- you earn Boxes which give you MANTA tokens, either by bridging more ETH/USDC or referring friends
- you can use your STONE or USDM to earn more yield on Manta L2 itself (LP, lending, perps)
- if you farm on the L2 and use protocols you also qualify for their airdrops
From the article:
Phase 1:
Users bridge and deposit ETH or USDC to earn yield and Manta Box Pieces. The deposit period is open until January 2024.
Phase 2 (I don't quite understand this part):
You can receive STONE and wUSDM within 24 hours to farm within Manta Pacific L2. You can claim MANTA token rewards with NFTs until January 2024 before the deposit ends.
Phase 3:
After 69 days of MANTA token rewards distributed, you can withdraw ETH and USDC back from STONE and wUSDM back from STONE and wUSDM.
Referral Code — https://newparadigm.manta.network?inviteCode=SYZWQ
*will share some advanced strats once we reach the next team goal for Ian's Intel (use my ref link to help us reach the goal!)
**nfa, dyor
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Ethena Labs' sUSDe APY is at 33% — CryptoHayes
X (formerly Twitter)
Arthur Hayes (@CryptoHayes) on X
You heard it here first.
@ethena_labs is going to flip USDT as the largest USD-pegged #stablecoin. It's going to take time. I'm doing my part as an advisor and minting some sweet sweet $USDe wit dat nice phat APY. $50mm has been minted so far. Mainet launches…
@ethena_labs is going to flip USDT as the largest USD-pegged #stablecoin. It's going to take time. I'm doing my part as an advisor and minting some sweet sweet $USDe wit dat nice phat APY. $50mm has been minted so far. Mainet launches…
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Less Than 15% of Financial Advisors Currently Talk to Clients About Crypto - But Up To 50% Plan to Offer Their Clients Crypto Funds — DACFP
The total assets managed by investment advisors registered at the U.S. Security and Exchange Commission (SEC) increased considerably between 2000 and 2022, with some fluctuations. In 2022, the total AUM of SEC-registered investment advisors stood at 114.1 trillion U.S. dollars, a considerable decrease compared to the previous year — Statista
Statista
Total AUM of investment advisors 2022 | Statista
The total assets managed by investment advisors registered at the U.S.
Aztec partners with Resurgence Labs to create Ikigai, a private web3 version of Patreon — X
X (formerly Twitter)
Aztec (@aztecnetwork) on X
Aztec Labs built the Aztec Sandbox (now in Alpha) for devs to easily build and test privacy-first apps.
We've been collaborating with Resurgence Labs to test the boundaries of what's possible to build in the Sandbox.
They've created Ikigai, a private web3…
We've been collaborating with Resurgence Labs to test the boundaries of what's possible to build in the Sandbox.
They've created Ikigai, a private web3…
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Ian's Intel
BITCOIN ETF Spaces — X
ETF approvals could come earlier than Jan 8th and no later than Jan 10th (90% confidence) — JSeyff
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U.S. SEC SAYS BARNBRIDGE DAO AGREES TO STOP UNREGISTERED OFFER AND SALE OF STRUCTURED FINANCE CRYPTO PRODUCT: RTRS — Tree News
⚠️ If you have funds on MEXC, consider removing them ASAP. Multiple reports of users' funds getting wiped out.
- https://x.com/Vida_BWE/status/1738243103138721844
- https://x.com/lPOKEU/status/1738098805348696083
- https://twitter.com/xiaomucrypto/status/1736229847293366759
- https://x.com/Vida_BWE/status/1738243103138721844
- https://x.com/lPOKEU/status/1738098805348696083
- https://twitter.com/xiaomucrypto/status/1736229847293366759
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