SEC charges Gemini & Genesis, Alameda Research liquidators get liquidated
Pretty eventful day yesterday with the SEC charging Gemini/Genesis. Alameda Research liquidators did just that. Nexo has one of their offices get raided, claims it was illegal. After Coinbase laid off just under 1,000 workers earlier this week, Crypto.com lays off 20%
Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
Below are some of the top sentiment changers and news
Projects Sentiment Rankings:
Top
These are the top of mind coins today for crypto twitter.
This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page
Bottom
These are the most negative coins today on crypto twitter.
No surprise why FTX and Celsius are here
Nexo offices in Bulgaria were raided yesterday. Although the company said it was illegal and they are seeking compensation for damages
Alameda Research got liquidated on AAVE trying to withdraw WBTC that let the CRV loan get liquidated
See most negative projects updated hourly.
Projects Sentiment Movers:
Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.
The Graph (+120): Artblocks gives them a shoutout for using The Graph’s decentralized network
Stellar (+61): One of Ukraine’s banks ran a two-year pilot program focused on the Stellar Blockchain
Balancer (+99): Partnered with Liquity and Aura Finance to provide liquidity to earn 35% APR
These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above
News
Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.
SEC charges Gemini and Genesis with unregistered securities offering. Tyler Winklevoss claims Gemini has been working with NYDFS and SEC about the Earn program for 17 months but they never raised any questions and/or enforcement before
Alameda Research liquidators did just that, got liquidated on AAVE not once but twice. They withdrew excess WBTC collateral from AAVE and let the CRV loan get liquidated
Nexo’s Bulgarian office got raided and now they are getting hit with withdrawals
Crypto.com is cutting its workforce by almost 20%