Today in DeFi

Today in DeFi

Today in DeFi - Nexo Under Investigation, SEC Charges Gemini & Genesis, Zero-Liquidation Loans, and More...

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Jan 13, 2023
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Nexo Under Investigation

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Finance News@ftfinancenews
Crypto lender Nexo under investigation in Bulgaria
on.ft.com
Subscribe to read | Financial Times
6:03 PM Β· Jan 12, 2023

3 Reposts Β· 6 Likes

Crypto lender Nexo is facing an investigation from Bulgarian prosecutors on alleged illegal activities, including money laundering, tax offenses, banking without a license, and computer fraud.

SEC Charges Gemini and Genesis

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The Block@TheBlock__
BREAKING: SEC charges Gemini and Genesis with unregistered securities offering theblock.co/post/201805/se…
10:00 PM Β· Jan 12, 2023

364 Reposts Β· 1.02K Likes

SEC charges Genesis and Gemini for selling unregistered securities through Gemini’s Earn program.

Polygon Hardfork, Nothing Phone Launch

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Polygon@0xPolygon
πŸ“’ GET READY FOR THE HARDFORK πŸ”₯ The proposed hardfork for the #Polygon PoS chain will make key upgrades to the network on Jan 17th. This is good news for devs & users -- & will make for better UX. You will NOT need to do anything differently. Details: polygon.technology/blog/hardfork-…
7:14 PM Β· Jan 12, 2023

165 Reposts Β· 566 Likes

Polygon will launch a hard-fork upgrade on Jan 17th to boost performance by addressing the issues of gas spikes and chain reorganizations (reorgs).

Meanwhile, Nothing Phone launches a beta membership program for US users. Nothing Phone partnered with Polygon to integrate Polygon’s tech and allow users to access web3 dApps on mobile.

Coinbase Joins RocketPool oDAO

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jasperthefriendlyghost.eth | jasper.lens@Jasper_ETH
ETH finally breaks resistance right as @Rocket_Pool announces the new oDAO member being proposed. None other than @coinbase through their venture arm 🀯🀯 The oDAO is a trusted group that allows @Rocket_Pool to remain a permissionless system. discord.com/channels/40515…
11:32 PM Β· Jan 11, 2023

50 Reposts Β· 257 Likes

Coinbase announces that its venture arm is joining RocketPool’s governance.

NFTX Upgrades Routing

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NFTX πŸ¦§πŸ•³@NFTX_
The Core team at NFTX has just pushed through 0x routing on nftx.io, now sourcing liquidity from almost all AMMs, lowering slippage on orders significantly!
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quag @quagliero
Huge update for @NFTX_: 0x routing is now live. The NFTX marketplace now sources liquidity from (almost) everywhere, not just Sushi. This means a once dead pool, $GLYPH, is now very much alive, thanks to a concentrated LP on Uniswap V3. https://t.co/bDxeHXaQVB
4:48 PM Β· Jan 12, 2023

3 Reposts Β· 18 Likes

NFT index funds protocol NFTX upgrades its routing and now sources liquidity from more AMMs, offering lower slippage on NFT orders.

Options Collateral Management Upgrade, Zero-Liquidation Loans…

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