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

π•―π–†π–“π–Œπ–Šπ–—'s avatar
π•―π–†π–“π–Œπ–Šπ–—
Jan 13, 2023
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Today in DeFi - Nexo Under Investigation, SEC Charges Gemini & Genesis, Zero-Liquidation Loans, and More...
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Nexo Under Investigation

Twitter avatar for @ftfinancenews
Finance News @ftfinancenews
Crypto lender Nexo under investigation in Bulgaria
on.ft.comSubscribe to read | Financial TimesNews, analysis and comment from the Financial Times, the worldΚΌs leading global business publication
6:03 PM βˆ™ Jan 12, 2023
6Likes3Retweets

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

Twitter avatar for @TheBlock__
The Block @TheBlock__
BREAKING: SEC charges Gemini and Genesis with unregistered securities offering theblock.co/post/201805/se…
10:00 PM βˆ™ Jan 12, 2023
1,023Likes364Retweets

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

Polygon Hardfork, Nothing Phone Launch

Twitter avatar for @0xPolygon
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-…
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7:14 PM βˆ™ Jan 12, 2023
566Likes165Retweets

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

Twitter avatar for @Jasper_ETH
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…
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11:32 PM βˆ™ Jan 11, 2023
257Likes50Retweets

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

NFTX Upgrades Routing

Twitter avatar for @NFTX_
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!
Twitter avatar for @quagliero
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 βˆ™ Jan 12, 2023
18Likes3Retweets

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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