CageChain Newsletter #192 | Crypto Tips for 2022, Aave's Next Move, Mutant Apes, Blockchain Rock, Pump and Dump Research, What is Elephant Money, and More...

CageChain Newsletter #192 | Crypto Tips for 2022, Aave's Next Move, Mutant Apes, Blockchain Rock, Pump and Dump Research, What is Elephant Money, and More...

By KHubbard | CageChain | 29 Dec 2021


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It doesn't matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies' price swings. Currently, Bitcoin's (BTC) volatility, the standard measure for daily fluctuations, stands at 64% annualized. Previously, Aave users could only borrow and lend cryptocurrencies, with rates adjusting based on market demand. The initiative is in partnership with Centrifuge, a crypto company that lets businesses tokenize aspects of their operations such as trade receivables and invoices. Once tokenized, these assets can then be used as collateral to borrow cash. Mutant Ape Yacht Club NFT prices are rising, with a nearly 500% increase in trading volume over the last week. The collection was launched in August, with existing Bored Ape NFT owners able to use serum to mint one Mutant Ape for free. In the southern Mediterranean coast, nestled in the shadow of the Rock's sheer limestone cliffs and its tangle of wild olive trees, the Gibraltar Stock Exchange (GSX) is quietly preparing for a corporate takeover that could have global consequences for the former naval garrison. The Australian Securities and Investments Commission (ASIC) has revealed the details of how it took down crypto "pump and dump" Telegram groups back in October. A pump and dump scheme typically involves using social media to coordinate users to buy large amounts of a thinly traded token to artificially inflate its price. You can find these stories and more at the link below:

 

Newsletter #192

 

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KHubbard
KHubbard

Love contributing content to the Publish0x platform! You can find more about me at www.kamalrhubbard.com.


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