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

Nexo Under Investigation

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 worldʼs leading global business publication

6:03 PM ∙ Jan 12, 2023

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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

The Block @TheBlock__

BREAKING: SEC charges Gemini and Genesis with unregistered securities offering theblock.co/post/201805/se…

10:00 PM ∙ Jan 12, 2023

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

Polygon Hardfork, Nothing Phone Launch

Polygon @0xPolygon

📢 GET READY FOR THE HARDFORK 🔥 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-…

7:14 PM ∙ Jan 12, 2023

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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

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…

11:32 PM ∙ Jan 11, 2023

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

NFTX Upgrades Routing

NFTX 🦧🕳 @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!

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 ∙ Jan 12, 2023

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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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