Newsletter Sep 20, 2022
SHIB's Kusama Seemingly Reveals Details Of Burning Mechanism They Teased Last Year

It appears that Kusama already spilled some details on why "Shiba Eternity" is an exception when it comes to Shib Burn.


Binance Labs' Head Is Optimistic In The Face Of Current Bearish Conditions

Binance co-founder and Binance Labs head Yi He confirmed that her firm is looking to invest in Web3 projects despite the bearish market.



Watchdog Warns Against FTX But Crypto Exchange Claims A 'Scammer' Is Impersonating It

"We're looking into it and communicating with regulators," said FTX.

LUNA Classic Intensifies Burning Effort, Destroys Almost 150M Tokens

The community believes burning tokens would help spike the price of the token — an idea Do Kwon frowned upon since it was proposed by some holders.

South Korean Prosecutors Ask Interpol To Issue Red Notice For Terra's Do Kwon: Report

On Monday, the Seoul Southern District Prosecutors' Office said that it had started the process of placing Kwon on Interpol's red notice list since he has not cooperated with the investigations.

DOGE Reclaims Its Spot As Tenth Biggest Crypto By Market Capitalization

Dogecoin overtook Polkadot in the ranking.

Coinbase To Introduce New Fee Structure – How Will It Affect Transactions?

Coinbase will implement a new fee structure, which will introduce better incentives for high-volume traders.

SEC Charges Crypto Influencer For Failing To 'Follow The Federal Securities Laws'

The crypto influencer's camp called the SEC's charges "frivolous" and said it was "prepared to fight."

Crypto On Sept. 20: Bitcoin Back Above $19,000, Ether Eyes $1,400

The trading volume of the world's biggest cryptocurrency surged 8.84% in the last 24 hours, while that of ETH dropped 7.45%.

Pan-African Crypto Exchange Yellow Card Raises $40M In Series B Funding Round

Chris Maurice, CEO and co-founder of Yellow Card, said that the success of the exchange was a result of "relentless hard work toward a common goal."

Decentralized Exchange GMX Suffers $565K Price Manipulation Exploit On AVAX/USD Trading Pair

Apparently, the attacker successfully capitalized on GMX's "minimal spread" and "zero price impact" features to implement the price manipulation exploit.

Indian Exchange WazirX To Delist USDC, USDP And TUSD

India-based crypto exchange WazirX will delist stablecoins USDC, USDP And TUSD on Sept. 23.


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