Ian's Intel – Telegram
Ian's Intel
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Stay ahead with crypto news & alpha.

Disclosures: https://x.com/iansintel/bio
📩 https://news.1rj.ru/str/+AB-NidhT4GFiOGE1

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Native USDC Officially Live on Cosmos

- USDC is now live on Cosmos and minted on the Noble blockchain
- businesses and institutions can access on/off ramps for Noble USDC
- CCTP will launch on Noble's testnet later this month, mainnet soon after

https://x.com/circle/status/1701582597376336173
2
Forwarded from Zoomer News
SEC REVIEWING GRAYSCALE RULING, BITCOIN ETF FILINGS: GENSLER: BBG
Forwarded from Investigations by ZachXBT
It appears the hot wallets for CoinEX are currently being drained for $30M+ so far on ETH, TRON, Polygon.

ETH
0x8bf8cd7F001D0584F98F53a3d82eD0bA498cC3dE
0x483D88278Cbc0C9105c4807d558E06782AEFf584
0xCC1AE485b617c59a7c577C02cd07078a2bcCE454

TRON
TPFUjxQzG88Vwynrpj2W61ZAkQ9W2QYgAQ

Polygon
0x4515bE0067E60d8e49b2425D37e61c791C9B95e9
[IanGPT] Binance US CEO Departs Amidst Cuts of a Third of its Staff - BBG

- Binance.US CEO Brian Shroder exits; replaced by Chief Legal Officer Norman Reed.
- Company to cut one-third of its workforce amid regulatory pressures.
- SEC previously accused Binance.US and parent company of mishandling funds and misleading investors; allegations denied.
- Company also facing scrutiny from the CFTC and Justice Department.
- Banking partnerships severed, affecting dollar deposits and withdrawals.
- Market share drops to 0.6% from 2.39% in April; trading volume declines.
- Spokesperson says actions give the company seven years of financial runway, criticizes SEC's "aggressive attempts."
- Binance Holdings also losing key executives in recent months.
Curve OTC Counterparty "erwwer" has moved ~600K of their initial 2.5M CRV to a fresh address.

This address has sent 54K CRV to Binance so far.
U.S. CPI: +3.7% YEAR-OVER-YEAR (EST. +3.6%)
U.S. CORE CPI: +4.3% YEAR-OVER-YEAR (EST. +4.3%)
SEC Charges Creator of Stoner Cats Web Series for Unregistered Offering of NFTs

SEC PR
🙉1
Forwarded from Zoomer News
FTX RECEIVES COURT APPROVAL TO LIQUDATE CRYPTO ASSETS: JUDGE
Zoomer News
FTX RECEIVES COURT APPROVAL TO LIQUDATE CRYPTO ASSETS: JUDGE
- Liquidators are only allowed to sell up to $100m in assets a week, up to $200m (requires approval).

- Assets can be sold via open market or OTC

Source
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Lido Launches on Cosmos via Neutron

https://x.com/neutron_org/status/1702006206888349951
🤔1
Friend Tech User Retention

d0 cohort (users onboarded on day 0) retention rate has been growing and has reached 36% over the last two days. what does this mean?

- previously churned users are returning, indicating that the app has significant stickiness
- even more impressive given that "active users" here is defined as "users making at least 1 trade"
- given that a16z's benchmark for the top performing web2 social apps around the 30d mark is 30%, FT is doing pretty damn good

Full Thread

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Friend Tech Invite Codes

ft-o20klghp
ft-2qtrs5yo
ft-elo24ts6
ft-sssttalw
ft-x2fjeh0p