🥁 FTX & Chinese Bribes: Caroline Ellison Drops Explosive Allegations
Securities laws against Compound founders proceed, and more!
BEN Beats
October 12, 2023
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Read time: 4 minutes
GM fam! Never a quiet day in crypto 🥁 Here’s the playlist for today:
Top News 🗞️
Tune into the Bitcoin Amsterdam Livestream 📹
Upcoming Events & Promo Codes 💫
Tweet of the Week 🐦
New Remote Jobs 💼
Resources to Get Crypto Smart 🧠
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Top News 🗞️
'‘Ellison admitted to falsifying Alameda's balance sheet, reporting a net asset value of $6 billion and total liabilities of $10 billion to lenders, while the actual net asset value was around $6 billion and total liabilities were $14.9 billion.” Read more
“A federal judge in California has denied a motion to dismiss a securities lawsuit against key figures in Compound Labs and its associated entities. The plaintiffs allege that Compound violated financial regulations by selling unregistered securities in the form of COMP governance tokens.” Read more
More trending:
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Edward Snowden, Adam Back, Balaji Srinivasan, Jameson Lopp, David Bailey, Jimmy Song and more!
Upcoming Events & Promo Codes 💫
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🇺🇸 Oct 22 | NY Tech Week | Ney York City, USA
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🇭🇰 Oct 30 - Nov 5 | Hong Kong Fintech Week 2023 | Hong Kong
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🇦🇺 Nov 16 | Wiki Finance Expo | Sydney, Australia
Tweet of the Week 🐦
Lending APYs are growing thanks to RWAs
The growth can be attributed to an arbitrage opportunity presented by borrowing stablecoins at rates below those delivered by RWAs.
As RWAs become more accessible, we expect stablecoin APYs to trend closer to real world interest rates… twitter.com/i/web/status/1…
— Messari (@MessariCrypto)
Oct 11, 2023
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🛠️ Developer Relations at Cooperative Kleros
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🧠 Web3 Solidity Bootcamp at Metana, Inc.
Resources to Get Crypto Smart 🧠
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