Ian's Intel
⚠️ Balancer Vulnerability https://twitter.com/Balancer/status/1694014645378724280
Update:
https://twitter.com/Balancer/status/1694045466424389652
If you're not sure if your pools are safe, better to withdraw than do nothing.
https://twitter.com/Balancer/status/1694045466424389652
If you're not sure if your pools are safe, better to withdraw than do nothing.
Came across an interesting protocol today — Dinari, a decentralized stock trading platform for non-US investors.
- acquired a broker-dealer license in the US, subject to final approval by FIRA
- registered transfer agent under the SEC
- tokenized stocks are backed 1:1 by their underlying shares
- token holders can earn dividends but have no voting power
- custodied by Alpaca Securities LLC & IBKR
- raised $7.5m from Third Kind VC, 500 Global, Balaji Srinivasan, Sancus Ventures, Version One VC, and SPEILLLP
- users have to be KYCed
Source: 1, 2
- acquired a broker-dealer license in the US, subject to final approval by FIRA
- registered transfer agent under the SEC
- tokenized stocks are backed 1:1 by their underlying shares
- token holders can earn dividends but have no voting power
- custodied by Alpaca Securities LLC & IBKR
- raised $7.5m from Third Kind VC, 500 Global, Balaji Srinivasan, Sancus Ventures, Version One VC, and SPEILLLP
- users have to be KYCed
Source: 1, 2
Bloomberg.com
Crypto Startup Aims to Tokenize Stocks by Playing by the Rules
For years, cryptocurrency startups have tried to replicate parts of the US stock market on the blockchain for use by digital-asset investors around the world, often without worrying too much about getting approval from regulators first.
👍6
Forwarded from infinityhedge
Binance Labs Invests in Pendle Finance to Scale DeFi Yield Opportunities and Drive Adoption for LSDfi
Binance Blog
Binance Labs Invests in Pendle Finance to Scale DeFi Yield Opportunities and Drive Adoption for LSDfi | Binance Blog
Binance Labs has invested in Pendle Finance, a DeFi protocol that enables the tokenization and trading of yield.
❤5
USDC will rollout natively to 6 new ecosystems throughout September and October.
1. Base
2. Cosmos
3. Near
4. Optimism
5. Polkadot
6. Polygon
https://x.com/circle/status/1694368577812623663
Jeremy Allaire (Circle CEO) on the Launch
https://twitter.com/jerallaire/status/1694471262414709193
1. Base
2. Cosmos
3. Near
4. Optimism
5. Polkadot
6. Polygon
https://x.com/circle/status/1694368577812623663
Jeremy Allaire (Circle CEO) on the Launch
https://twitter.com/jerallaire/status/1694471262414709193
Twitter
Circle on X
1/ The wait is finally over. Throughout September & October, $USDC will launch natively on mainnet for @BuildOnBase, @cosmos via @noble_xyz, @NEARProtocol, @optimismFND, @Polkadot & @0xPolygon – expanding access to USDC from nine ecosystems to 15. https…
👀1
More Friend Tech News, Info, and Discussions
Javier Ang | Is FT the Future of Social Media or is it Doomed to Fail?
https://twitter.com/JavierAng_/status/1694717954989117612
BattleFly Integrates with Friend Tech
https://twitter.com/officialabenger/status/1694367247752401310
Empire Podcast | Friend Tech: Innovation or Implosion, ft. Ansem
https://twitter.com/theempirepod/status/1694018544051085596?s=20
Dune Dashboard by @tomwanhh updated with more stats:
https://dune.com/21co/friendtech-analysis
Friend Tech uses Privy for full self-custody of private keys
https://twitter.com/0xCygaar/status/1693723376718676232
Javier Ang | Is FT the Future of Social Media or is it Doomed to Fail?
https://twitter.com/JavierAng_/status/1694717954989117612
BattleFly Integrates with Friend Tech
https://twitter.com/officialabenger/status/1694367247752401310
Empire Podcast | Friend Tech: Innovation or Implosion, ft. Ansem
https://twitter.com/theempirepod/status/1694018544051085596?s=20
Dune Dashboard by @tomwanhh updated with more stats:
https://dune.com/21co/friendtech-analysis
Friend Tech uses Privy for full self-custody of private keys
https://twitter.com/0xCygaar/status/1693723376718676232
❤1
Solana Pay x Shopify News & Discussions
Announcement
https://twitter.com/solana/status/1694336131599393186
- Shopify accounts for 10% of total US e-commerce & $444B global economic activity
- Cost Per Transaction for Solana Pay & USDC is $0.00025 vs 1.5-2.5% Credit Card Fees
https://twitter.com/paddi_hansen/status/1694355314588455388
Stablecoin Payments may bring merchant processing fees down across the board
https://twitter.com/jerallaire/status/1694444860827144414
Thoughts
- crypto payments infrastructure (debit cards, payment terminals/gateways, e-commerce, etc) continues to develop quicker than countries can regulate it
- shopify integrating crypto payments is not new: more than 10+ integrations so far (source)
- most adoption and usage has been concentrated to existing crypto users and third-world nations and economies experiencing hyperinflation
- MAS' finalization of its stablecoin regulatory framework last week is a significant step forward, i expect more regulatory bodies worldwide to follow suit (source)
Announcement
https://twitter.com/solana/status/1694336131599393186
- Shopify accounts for 10% of total US e-commerce & $444B global economic activity
- Cost Per Transaction for Solana Pay & USDC is $0.00025 vs 1.5-2.5% Credit Card Fees
https://twitter.com/paddi_hansen/status/1694355314588455388
Stablecoin Payments may bring merchant processing fees down across the board
https://twitter.com/jerallaire/status/1694444860827144414
Thoughts
- crypto payments infrastructure (debit cards, payment terminals/gateways, e-commerce, etc) continues to develop quicker than countries can regulate it
- shopify integrating crypto payments is not new: more than 10+ integrations so far (source)
- most adoption and usage has been concentrated to existing crypto users and third-world nations and economies experiencing hyperinflation
- MAS' finalization of its stablecoin regulatory framework last week is a significant step forward, i expect more regulatory bodies worldwide to follow suit (source)
FTX Crypto Assets ($2.4B)
- $500M in BTC & ETH liquid and expected to be gradually sold after court order approved
- $1.1b in SOL is vested till 2027
https://twitter.com/NorthRockLP/status/1694726280439386449
Coindesk Report
https://www.coindesk.com/policy/2023/08/24/ftx-taps-galaxy-to-sell-stake-and-hedge-its-crypto-billions
- $500M in BTC & ETH liquid and expected to be gradually sold after court order approved
- $1.1b in SOL is vested till 2027
https://twitter.com/NorthRockLP/status/1694726280439386449
Coindesk Report
https://www.coindesk.com/policy/2023/08/24/ftx-taps-galaxy-to-sell-stake-and-hedge-its-crypto-billions
PEPE multisig changed from 5/8 to 2/8 and sent ~$15m to various CEXs.
https://x.com/crypto_noddy/status/1694813331968729497
https://x.com/crypto_noddy/status/1694813331968729497
X (formerly Twitter)
CryptoNoddy (@Crypto_Noddy) on X
Any reason why the PEPE multisig wallet changed the threshold to just 2/8 signatures? Seems weird, this isn't standard right?
Also, seems that some has been sent to exchanges
Also, seems that some has been sent to exchanges
Forwarded from Cookie Reads 🍪
Friend Tech has enabled images!
https://twitter.com/friendtech/status/1694880415318954358
This feature is available for hosts in their own chat. Keyholders cannot send images to hosts.
https://twitter.com/friendtech/status/1694880415318954358
This feature is available for hosts in their own chat. Keyholders cannot send images to hosts.
Forwarded from infinityhedge
zachxbt: Magnate Finance on Base will likely exit scam in the near future currently with over $6.4M TVL.
The deployers address is directly linked to the Solfire $4.8M exit scam
The deployers address is directly linked to the Solfire $4.8M exit scam
Ian's Intel
Update: - website down - twitter deleted - tg deleted 💀 https://twitter.com/zachxbt/status/1694929800094269720
X (formerly Twitter)
PeckShieldAlert (@PeckShieldAlert) on X
#PeckShieldAlert Our community contributor has detected that the Magnate Finance scammer has bridged ~$1M of the stolen funds to the #BNBChain
IRS & Treasury Department Released New Proposal for Crypto Taxes Starting 2026 in the US
https://news.bloombergtax.com/daily-tax-report/crypto-exchanges-to-report-customer-data-under-treasury-proposal
Summary
https://x.com/lex_node/status/1695061496177258731?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ
https://news.bloombergtax.com/daily-tax-report/crypto-exchanges-to-report-customer-data-under-treasury-proposal
Summary
https://x.com/lex_node/status/1695061496177258731?s=46&t=Epo2C7qkg-CKjyMhGIBBuQ
Bloombergtax
Treasury Aims to Snag Tax Cheats With Crypto Broker Proposal (1)
US-based cryptocurrency exchanges, such as Coinbase Global Inc. and Kraken, would have to disclose detailed information on their clients’ transactions to the IRS starting in 2026 under a new Treasury proposal.