Not what we wanted!
BTC had a not so great week. After rising above $21,000 on June 24, it is now hovering around the $19k mark. ETH fell from over $1200 to around $1000 and the total crypto market cap fell from $965m to $864m, a drop of over $100m from the previous week....
Leading marketplace OpenSea (NFT) has admitted to a serious security breach. In a posting, OpenSea stated that an employee of Customer.io, its email delivery provider, downloaded email addresses of OpenSea users and shared them with an external party.
Investment firm Grayscale filed a "petition for review" this week against the U.S. Securities and Exchange Commission's (SEC) decision after it rejected its request to establish a spot bitcoin ETF. Grayscale said, "We believe U.S. investors have overwhelmingly voiced a desire to convert GBTC into a spot Bitcoin ETF, which would unlock billions of dollars in investor capital and bring the world's largest Bitcoin fund further within the U.S. regulatory framework."
Binance is teaming up with Khaby Lame, the most followed TikTok creator, who has 140 million followers. Khaby will be a global brand ambassador for Binance to raise awareness of Web3 and drive adoption among its huge following.
The platform is ready to go!
We have been testing the platform all week and everything is working well. The plan is to set up the index vaults on the morning of July 5th and then open the platform to the community and the general public when it is ready.
We will also open the FNDZ staking pool! The FNDZ staking pool gives you time-based rewards. When you stake FNDZ tokens, you earn a share of the performance fees. These are fees that vault managers charge others for copying their trades. The best part: you earn multiple tokens in one go! You can keep them or exchange them for more FNDZ tokens.
Initially, we will add an APY bonus to start of around 10% until the pool is supported by platform fees.
Be on the lookout for our platform's live announcement on Tuesday July 5th!
We look forward to seeing you there!