🔦 CZ Strives to Show Binance is Different From FTX


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Binance Flex

To Samuel Haig

vulnerable Like FTX, Binance holds billions of dollars worth of its own tokens on its balance sheet. So is the world’s number one crypto exchange vulnerable to the same kind of bank run that attacked Sam Bankman-Fried’s crypto exchange last week?

question This is an important question for Binance, which has $14 billion in revenue. daily trading volumeis leaning into playing the role of a savior in moments of danger for digital assets.

👉Read the full story on DEFIANT.IO👈

DeFi migration

To Owen Vernau

double digit jump don’t look now However, the demise of FTX has increased interest in decentralized financial platforms. Data from blockchain analytics platform Nansen shows that DeFi protocols have seen double-digit growth in user numbers over the past week.

👉Read the full story on DEFIANT.IO👈

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Liquid, Interest-Free Borrowing Protocol Built on Ethereum Recently Introduced New Product Offerings Written by Defiantchicken bondChicken Bonds are a new and innovative form of bonding mechanism in DeFi.

chicken bond Innovative joining mechanism Several Main advantage For those willing to join Liquity’s native stablecoin LUSD. In exchange for depositing and combining LUSD, the user will earn her boosted LUSD (bLUSD), a derivative token.

The main advantages of combining LUSD instead of feeding into Liquity’s stability pool are: Amplification yield Users obtain from Liquity’s internal clearing mechanism and other liquidity sources such as Curve’s pools. Alongside increased liquidity for the LUSD stablecoin, the most important benefits for users are: Joining without time commitment or maturity. Users can withdraw their principal LUSD in full and I’m afraid I can’t Waive accrued interest at any time.Other options are chicken in You then waive your initial LUSD deposit and claim the bLUSD accrued.

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TradFi + DeFi

To yyctrader

test Despite the crypto industry grappling with a year-long bear market and the collapse of FTX, global financial institutions cannot say no to blockchain-related technologies. On Tuesday, a line-up of top-tier companies including Citigroup, HSBC, Wells Fargo and Mastercard teamed up with the Federal Reserve Bank of New York to consider using a distributed ledger to connect deposits.

👉Read the full story on DEFIANT.IO👈

Layer 2

To Samuel Haig

Series C In a sign of Layer 2 momentum, Matter Labs, the team behind the nascent zkSync 2.0 network, has raised $200 million in a Series C round led by Blockchain Capital and Dragonfly, the venture said Nov. 16. announced to

👉Read the full story on DEFIANT.IO👈

crypto payment

To Taran Kaitan

feature Circle, the issuer of the dollar-pegged USDC stablecoin, announced integration with Apple Pay, a payment service with over 500 million customers. user around the world. Merchants can use this new feature to accept USDC as payment.

👉Read the full story on DEFIANT.IO👈

opinion

guest writer Mike Sal Tokennomics has become a reality, claiming it’s time to prove its usefulness…

worth In the midst of a tough bear market, crypto investors are asking tough questions.

community I see it firsthand when people ask the same thing goldfinchthe protocol I helped launch in 2021.

👉Read the full story on DEFIANT.IO👈

defiant video

podcast video

shout out

BNB chain is coming to NYC on December 3rd to join web3 startups and call on investors to pitch their innovative ideas.Please fill in Short application!

DeFi Explainer

To Rahul Nambiampurath

swap When Uniswap popularized decentralized exchanges on the Ethereum network, it was a breakthrough development. DEX allows a user to become a liquidity provider for token he pair swaps.

👉Read the full story on DEFIANT.IO👈

The Defiant trend
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This is the craziest moment we have ever experienced in cryptocurrency. There is a lot to unpack. But the biggest question remains…where do we go from here?

Cryptocurrency exchanges can go bankrupt if they don’t have the funds to satisfy their customers’ withdrawals.

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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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