
<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<p>Ethereum co-founder Vitalik Buterin has set the blockchain community abuzz with his recent financial maneuvers. With a flurry of Ether (ETH) transfers worth millions, this article dives into the details of Buterin&#8217;s crypto escapades, highlighting a substantial $600,000 transaction to <a href="https://www.coinbase.com">Coinbase</a>. </p>



<p>Read more: <a href="https://hodl.fm/vitalik-nft-metalabel-collection-tops-opensea-charts">Vitalik NFT Metalabel Collection Tops OpenSea Charts</a></p>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">🚨 <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw">@VitalikButerin</a> deposited 400 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw">#Coinbase</a> at $1,579 ($632K) 2hrs ago.<br><br>Notably, Ethereum’s co-founder has deposited a total of 2,421 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> to multiple CEXs at 1,628 on average ($3.94M) via two addresses over the past 10 days.<br><br>👉 More details: <a href="https://t.co/tiJwn0omkk">https://t.co/tiJwn0omkk</a>… <a href="https://t.co/C3BqRmsUau">https://t.co/C3BqRmsUau</a> <a href="https://t.co/8v1jmadwaM">pic.twitter.com/8v1jmadwaM</a></p>&mdash; Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1706156605874872403?ref_src=twsrc%5Etfw">September 25, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 class="wp-block-heading">Blockchain&#8217;s Sleuths Uncover Vitalik&#8217;s ETH Gift </h2>



<p>In September 2023, crypto sleuths with a knack for tracking blockchain transactions stumbled upon a series of strange moves involving Ethereum&#8217;s legendary co-founder, Vitalik Buterin. They uncovered a sequence of Ether transactions, each with its own story to tell, all adding up to a $3.9 million. You&#8217;ve got the moves like jagger, Vitalik!</p>


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<p>It begins begins with a wallet associated with Vitalik Buterin initiating a transaction of 400 ETH, equivalent to approximately $600,000, to the popular cryptocurrency exchange, Coinbase. A significant move that sent ripples throughout the crypto world, it left many wondering about Buterin&#8217;s intentions behind this sizeable transfer.</p>



<h2 class="wp-block-heading">The Great Ethereum ETH Migration</h2>



<p>But that&#8217;s just the tip of the iceberg. According to the blockchain analysis platform Spot On Chain, this transaction is just one episode in a string of ETH deposits made by Buterin into centralized exchanges over the course of ten days. The grand total? An astonishing 2,421 ETH, equating to a staggering $3.94 million, all moved between September 15 and beyond.</p>



<div class="d-flex justify-content-center"><ins class="64c250b9b41a4b5be53156b1" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c250b9b41a4b5be53156b1",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<h2 class="wp-block-heading">Kraken, Bitstamp, and Paxos: Vitalik&#8217;s Stamping Grounds</h2>



<p>The blockchain detectives meticulously pieced together the puzzle, revealing that 321 ETH had found its way to <a href="https://www.kraken.com">Kraken</a> between September 15 and September 19. <a href="https://www.bitstamp.net">Bitstamp</a>, another cryptocurrency exchange, played host to a series of transactions involving a hefty 1,700 ETH on September 17 and 20. To top it off, 500 ETH made a pit stop at <a href="https://paxos.com">Paxos</a> on September 19.</p>



<p>More Here: <a href="https://hodl.fm/kraken-review-2023">Kraken review 2023: Features, Fees, Advantages</a></p>



<h2 class="wp-block-heading">Independently Verified by Cointelegraph</h2>



<p>To add further credence to these mind-boggling transactions, Cointelegraph independently verified several of them. Accessing Nansen 2 beta’s wallet profiler, they confirmed the authenticity of these movements. The blockchain data also underscored a substantial transfer of 2,000 ETH, equivalent to a staggering $4.9 million, to the address responsible for these transfers. This address has long been associated with the Ethereum co-founder.</p>


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<figure class="aligncenter size-large"><img decoding="async" src="https://s3.cointelegraph.com/uploads/2023-09/3e5049d5-95ef-4bf9-bfe7-801f3e7c8517.png" alt=""/><figcaption class="wp-element-caption">Nansen 2 wallet profiler. Source: <a href="https://cointelegraph.com/news/vitalik-wallet-sends-400-eth-worth-600k-to-coinbase">CoinTelegraph</a></figcaption></figure></div>


<h2 class="wp-block-heading">A Tale of Three Wallets</h2>



<p>Spot On Chain delved even deeper into the rabbit hole, highlighting the source of the 2,000 ETH transaction as a &#8220;better-known address&#8221; (0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7) owned by Buterin. This revelation added an intriguing layer to the unfolding narrative, contrasting with the middle address (0x5567A4bE2D5b77F5Fd870f99Ed9167Feab8831B1) responsible for ferrying funds to various exchanges.</p>


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<h2 class="wp-block-heading">Recalling the $1 Million Transaction</h2>



<p>This whirlwind of transactions isn&#8217;t Buterin&#8217;s first dance with crypto headlines. On August 21, there was a notable 600 ETH ($1 million) transaction from the address vitalik.eth, which didn&#8217;t escape the watchful eyes of on-chain monitoring platforms.</p>



<div class="d-flex justify-content-center"><ins class="64c250b9b41a4b5be53156b1" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c250b9b41a4b5be53156b1",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<h2 class="wp-block-heading">Concluding Thoughts</h2>



<p>As the crypto community eagerly watches Vitalik Buterin&#8217;s financial maneuvers, the Ethereum co-founder&#8217;s recent $600,000 ETH transfer to Coinbase remains a hot topic. </p>



<h3 class="wp-block-heading">Read More: </h3>



<ul>
<li><a href="https://hodl.fm/top-people-in-crypto">TOP people in crypto and blockchain – who is the best?</a></li>



<li><a href="https://hodl.fm/digest-3">Ethereum Shanghai upgrade, Arbitrum drama and an unexpected BTC whale?</a></li>
</ul>



<p>With millions in ETH making its way to various exchanges, one can only wonder about the motivations behind these moves. </p>


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<p><strong>Disclaimer</strong>:&nbsp;<em>All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;strongly recommends contacting a qualified industry professional.</em></p>


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Vitalik Buterin Transfers-2

Vitalik Buterin Transfers 400 ETH Valued at $600,000 to Coinbase


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<p>The British adult content subscription service, OnlyFans, is making headlines once again as it reaches unprecedented heights. From a surge in user numbers to substantial dividends, OnlyFans, under the ownership of Leonid Radvinsky, is riding high on a wave of success that defies expectations.</p>



<p>Read more: <a href="https://hodl.fm/mysterious-ethereum-address-0xd275e/">Explosive Revelations: Mysterious Ethereum Address ‘0xd275e’ Raises Eyebrows in Crypto Circles</a></p>


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<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://media4.giphy.com/media/w9xG5hsxZlqtevPlJQ/giphy.gif" alt="" style="width:516px;height:270px" width="516" height="270"/></figure></div>


<h2 class="wp-block-heading"><strong>The Half-Billion Dollar Windfall</strong></h2>



<p>At the helm of this captivating tale is Leonid Radvinsky, the US-based Ukrainian who acquired OnlyFans in 2018. Recent revelations from Companies House indicate that Radvinsky has reaped a staggering $485 million in dividends in the past year. A financial feat that speaks volumes about the platform&#8217;s profitability.</p>



<h2 class="wp-block-heading"><strong>A Year of Explosive Growth</strong></h2>



<p>OnlyFans has witnessed an explosive year of growth, with over 50 million new users joining the platform in the 12 months leading up to November 2022. Alongside this remarkable user influx, more than a million new content creators have flocked to the site, turning it into a digital powerhouse. Together, these users collectively spent an astonishing $5.5 billion on the platform.</p>


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<p>The financials behind OnlyFans are equally astonishing. Revenues for the platform soared to an all-time high of $1.1 billion, marking a 17% increase in sales. Pre-tax profits followed suit, rocketing by an impressive 21% to reach a remarkable $525 million during this period of growth.</p>



<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<h2 class="wp-block-heading"><strong>The Controversy Surrounding Safety</strong></h2>



<p>However, amidst this financial triumph, OnlyFans has faced a barrage of criticism concerning safety standards. A <a href="https://www.bbc.co.uk/news/uk-63249018">BBC News investigation</a> in the previous year revealed that children had been involved in selling and appearing in videos on the platform, despite OnlyFans&#8217; claims of blocking access to under-18s.</p>



<p>In response to the allegations, OnlyFans made this statement: </p>



<blockquote class="wp-block-quote">
<p>It goes above and beyond the legal requirements, and our peers, to provide a safe platform for creators and fans while maximizing the freedom of creators and fans to control and monetize the lawful content they produce and view.</p>
</blockquote>



<h2 class="wp-block-heading"><strong>The Economics of Content</strong></h2>



<p>OnlyFans operates on an intriguing economic model, where it collects approximately £1 for every £4 generated by content creators on its platform. Some of its adult content creators have achieved remarkable success, with one creator disclosing earnings exceeding £4 million, even investing some of those profits in a rival platform.</p>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Adult content subscription service Onlyfans’financial report shows that it invested part of its working capital into Ethereum Onlyfans purchased$19.889 million worth of ETH.<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw">#ETH</a> <a href="https://twitter.com/hashtag/CRYPTONEWS?src=hash&amp;ref_src=twsrc%5Etfw">#CRYPTONEWS</a> <a href="https://t.co/eoyQdokrPO">pic.twitter.com/eoyQdokrPO</a></p>&mdash; Raider®️ Crypto Memes 🚀 (@Raider8386) <a href="https://twitter.com/Raider8386/status/1695710995149451353?ref_src=twsrc%5Etfw">August 27, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 class="wp-block-heading"><strong>Controversial Content and Advertising</strong></h2>



<p>The OnlyFans universe is not without its share of controversies. Recently, OnlyFans star Eliza Rose Watson stirred the pot by placing posters featuring a model in a bra top on billboards in various locations, sparking complaints about its appropriateness for children. However, the UK advertising regulator eventually ruled that the image was not overtly sexual and did not objectify women.</p>



<h3 class="wp-block-heading">More Info: </h3>



<ul>
<li><a href="https://hodl.fm/tesla-bitcoin-strategy-unveiled/">Tesla’s Bitcoin Moves: Unpacking the Quarter’s Crypto Strategy</a></li>



<li><a href="https://hodl.fm/ethereum-price-prediction-2023-2024/">Ethereum (ETH) Price Prediction 2023 – 2024: Smart Contracts, Liquidity Staking Tokens and Post-ETFs Era</a></li>



<li><a href="https://hodl.fm/rise-and-fall-sam-bankman-fried-ftx-founder/">Sam Bankman-Fried: The Rise and Fall of FTX Founder</a></li>
</ul>



<p>OnlyFans is a digital phenomenon that continues to captivate audiences and challenge conventions. With record-breaking revenues, controversial safety concerns, and a unique economic model, it remains a platform that generates both awe and debate. OnlyFans stands as a testament to the power of adaptability and innovation in the world of adult content subscription services.</p>



<p><strong>Disclaimer</strong>:&nbsp;<em>All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;strongly recommends contacting a qualified industry professional.</em></p>


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digest 19_1-2

OnlyFans Proprietor Gains $485 Million in Dividends While the Company Dives into Ethereum Investments


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<h2 class="wp-block-heading">Firms Awaiting the SEC&#8217;s Nod </h2>



<p>The anticipation surrounding Bitcoin ETFs reached new heights when BlackRock, the world&#8217;s largest asset management firm, <a href="https://cointelegraph.com/news/blackrock-apply-spot-bitcoin-etf-sec-nasdaq">submitted its application</a> alongside several others awaiting the SEC&#8217;s decision. BlackRock&#8217;s move, along with a &#8220;surveillance-sharing agreement&#8221; with Coinbase, hinted at a potential shift in the SEC&#8217;s approach towards ETFs.</p>


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<h2 class="wp-block-heading"><strong>Navigating the Regulatory Landscape</strong> </h2>



<p>Smaller firms like <a href="https://ark-invest.com">ARK Invest</a>, under the leadership of Cathie Wood, entered the fray with their spot Bitcoin ETF applications. Despite the anticipation, the SEC&#8217;s history of delaying decisions and imposing stringent guidelines added complexity to the process. The regulator&#8217;s authority to extend the evaluation period to 240 days from the first filing further contributed to the uncertainty.</p>



<h2 class="wp-block-heading"><strong>The Unique Challenge of Spot Bitcoin ETFs</strong> </h2>



<p>Bitcoin futures-linked ETFs have paved the way for indirect investment in cryptocurrencies. However, securing approval for a spot Bitcoin ETF, which involves holding actual Bitcoin within a fund, poses a unique challenge. This distinction could potentially affect the regulator&#8217;s decision-making process.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://gifdb.com/images/high/jake-peralta-challenge-accepted-b3ql6puaqfw4cyre.gif" alt="" style="width:468px;height:263px" width="468" height="263"/></figure></div>


<p></p>



<div class="d-flex justify-content-center"><ins class="64c250b9b41a4b5be53156b1" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c250b9b41a4b5be53156b1",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<h2 class="wp-block-heading"><strong>Lessons from the Past</strong> </h2>



<p>Gemini co-founders Cameron and Tyler Winklevoss were pioneers in applying for a crypto exchange-traded product listing back in 2013. Despite their efforts, the SEC rejected the application, highlighting the historical struggle to gain regulatory approval in the crypto space.</p>



<p>Read more: <a href="https://hodl.fm/gemini-sues-digital-currency-group-blames-ceo-for-genesis-capital-fiasco/">Gemini Sues Digital Currency Group, Blames CEO for Genesis Capital Fiasco</a></p>



<h2 class="wp-block-heading"><strong>A Balancing Act with the SEC</strong> </h2>



<p>Stuart Barton, co-founder of Volatility Shares, shed light on the back-and-forth negotiations with the SEC. He noted that smaller firms might have an advantage in the spot crypto ETF offering due to their nimbleness in adapting to regulatory requirements.</p>



<blockquote class="wp-block-quote">
<p>“Both sides are going to bend a little bit. I think the SEC are going to have to be a little bit more open-minded [&#8230;] There’s going to be a lot more bending, I think, from the crypto side.”</p>
<cite>Stuart Barton</cite></blockquote>



<p>Major asset management firms such as ARK Invest, Bitwise Asset Management, VanEck, WisdomTree, and others have applications awaiting SEC approval. With the extension window allowing the SEC until early 2024, firms like ARK Invest face a deadline in January, while others might hear back by March 2024.</p>



<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<h2 class="wp-block-heading"><strong>Factors Influencing the SEC&#8217;s Decision</strong> </h2>



<p>The SEC&#8217;s reluctance to approve spot crypto ETFs might be rooted in the nascent and evolving nature of the U.S. crypto market. Regulatory uncertainties and ongoing enforcement cases against prominent players like Coinbase, Binance, and Ripple could be shaping the SEC&#8217;s cautious approach.</p>



<p>As U.S. lawmakers consider defining the roles of the SEC and Commodity Futures Trading Commission (CFTC) in regulating digital assets, court decisions also play a role. The SEC vs. Ripple case, which classified XRP as not a security, added another layer of complexity to the regulatory landscape.</p>



<h2 class="wp-block-heading">A Calculated Move </h2>



<p>The influence of Gary Gensler, the SEC Chair, cannot be understated in the ETF application process. Analysts estimate a roughly 65% chance of a spot Bitcoin ETF approval in the U.S., driven in part by BlackRock&#8217;s application. Speculations arise about the SEC potentially approving multiple applications simultaneously to maintain fairness.</p>



<h3 class="wp-block-heading">More Info: </h3>



<ul>
<li><a href="https://hodl.fm/binance-us-wash-trading-crypto-capers/">Unveiling the Allegations: The SEC’s Case Against Binance.US and Wash Trading Explained</a></li>



<li><a href="https://hodl.fm/coinbase-sec-delisting-drama-seo/">SEC’s Odd Request: Coinbase Rejects Delisting All But Bitcoin</a></li>



<li><a href="https://hodl.fm/crypto-mom-vs-gensler-sec-chair-election-2024/">Crypto Regulator’s Musical Chairs: Will ‘Crypto Mom’ Take Gensler’s Hot Seat?</a></li>
</ul>



<p>The SEC&#8217;s delay in granting approval for Bitcoin ETFs continues to captivate the financial and crypto communities alike. As various firms navigate regulatory hurdles and await decisions, the path to ETF approval remains intricate. With potential implications for both the crypto market and traditional finance, the spotlight remains on the SEC as it determines the future of Bitcoin ETFs.</p>



<p><strong>Disclaimer</strong>:&nbsp;<em>All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website,&nbsp;<a href="http://hodl.fm/" target="_blank" rel="noreferrer noopener">HODL.FM</a>&nbsp;is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort,&nbsp;<a href="http://hodl.fm/" target="_blank" rel="noreferrer noopener">HODL.FM</a>&nbsp;strongly recommends contacting a qualified industry professional.</em></p>


Decoding the Delay SEC Extends Bitcoin ETF Approval Timeline to 2024-2

Decoding the Delay: SEC Extends Bitcoin ETF Approval Timeline to 2024


<h2 class="wp-block-heading"><strong>Polygon: From Sidekick to Challenger</strong></h2>



<p>Remember the days when <a href="https://polygon.technology">Polygon</a> (MATIC) was Ethereum&#8217;s trusty sidekick? Launched in 2018 to alleviate Ethereum&#8217;s growing pains, MATIC swooped in with its proof of stake protocol, rescuing the network from transaction nightmares and gas fee hysteria. The bridges connecting the two blockchains allowed assets to moonwalk seamlessly, and for a while, MATIC played Robin to Ethereum&#8217;s Batman.</p>



<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<p>But like a hero turned rogue, MATIC found its footing as users began flocking full-time to its snappy transaction speeds and cost-effective operations. Ethereum 2.0 tried to steal Polygon&#8217;s limelight, but the stage had already been claimed. Polygon&#8217;s co-founder, Sandeep Nailwal, even dropped the bomb that Polygon 2.0 might just be Ethereum&#8217;s swan song, leaving DApps to dance freely in the ever-gleaming Web3 sphere.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img decoding="async" src="https://media3.giphy.com/media/FnajwlnCf9Ysw/giphy.gif?cid=ecf05e478qg0rahdpjrnwl9wmxdsj5buiwgbctgeo5tlrygp&amp;ep=v1_gifs_search&amp;rid=giphy.gif&amp;ct=g" alt=""/></figure></div>


<h2 class="wp-block-heading"><strong>MATIC&#8217;s Melancholy 2023 vs. ANA&#8217;s Thunderstorm</strong></h2>



<p>Fast forward to 2023, and MATIC’s once-shiny armor is a bit tarnished.  MATIC’s value melting over 50%, now lounging at $0.7152. Enter <a href="https://anarchycoin.io">Anarchy</a> (ANA), a meme coin on a rampage, climbing meme mountain ranges, luring adventurers with tales of massive profits. Brace yourself for the twist! </p>



<p>Read more: <a href="https://hodl.fm/code-plagiarism-polygon-matter-labs/">The Copy-Paste Wars: Polygon Zero Accuses Matter Labs</a> </p>



<h2 class="wp-block-heading"><strong>ANA: Meme Majesty with a Mission</strong></h2>



<p>Hold onto your meme-worthy hats because Anarchy (ANA) is not just flipping coins; it&#8217;s flipping systems. Conventional setups have been peddling corruption, favoring the high and mighty while leaving the commoners in the dust. ANA&#8217;s got your back, downtrodden Joe!</p>


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<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://cimg.co/news/117950/314713/responsive-images/anarchy-2806cn1___media_library_original_682_667.jpg" alt="" style="width:372px;height:364px" width="372" height="364"/></figure></div>


<h2 class="wp-block-heading"><strong>Democracy, Your Way</strong></h2>



<p>Tired of watching democracy&#8217;s &#8220;magic&#8221;? ANA has a plan. You, yes you, become a real stakeholder. With ANA tokens as your tickets to the VIP lounge, you cast votes in the Anarchy DAO. Developers and DAO people submit projects, and it&#8217;s the community&#8217;s thumbs up or down that sets the course. Hodl your ANA tokens, and when the DAO hits the jackpot, so do you. Democracy where you&#8217;re not just a voter, but a profiteer.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img decoding="async" src="https://media4.giphy.com/media/8uPZL7aVSIiJivt42w/giphy.gif?cid=ecf05e473ay961ik53fp9vgdlig3l20guzfoq5bbkd0ief9n&amp;ep=v1_gifs_search&amp;rid=giphy.gif&amp;ct=g" alt=""/></figure></div>


<h2 class="wp-block-heading"><strong>Memes to the Rescue</strong></h2>



<p>ANA rides the meme wave. Memes, the universal language of the digital age, become the antidote to political drama. Corrupt leaders? Greedy institutions? ANA&#8217;s got the roast, and you&#8217;ve got the laughs. Meme-powered resistance, anyone?</p>



<div class="d-flex justify-content-center"><ins class="64c250b9b41a4b5be53156b1" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c250b9b41a4b5be53156b1",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://cimg.co/news/117950/314711/responsive-images/anarchy-2806cn2___media_library_original_1408_883.jpg" alt="" style="width:482px;height:302px" width="482" height="302"/><figcaption class="wp-element-caption">Source: <a href="https://anarchycoin.io">Anarchy (ANA) Official Site</a></figcaption></figure></div>


<h2 class="wp-block-heading"><strong>ANA’s Presale Ruckus: Seize the Meme-tastic Moment</strong></h2>



<p>Dreams of a new gig, a vintage Ford, or a tropical escapade? ANA&#8217;s got the gateway drug to those dreams: the ANA token. Brace for impact, as the presale mania is at Stage Two, and the clock&#8217;s ticking. Unleash those ambitions – snag your ANA tokens now, before the digital shelves echo &#8220;sold out.&#8221;</p>



<h3 class="wp-block-heading">Read More: </h3>



<ul>
<li><a href="https://hodl.fm/amazon-prime-free-nfts-polygon-game/">Level Up with Amazon Prime: Grab Your Free NFTs for this Polygon Game</a></li>



<li><a href="https://hodl.fm/sec-lawsuits-shake-solana-polygon-and-cardano/">SEC Lawsuits Shake Solana, Polygon, and Cardano</a></li>
</ul>



<p>So, as the Polygon takes its wild turns and ANA storms the meme castle, are you strapping in or running to the ticket booth? The crypto curtain&#8217;s risen, and the drama&#8217;s just beginning, hodlers!</p>



<p><strong>Disclaimer</strong>:&nbsp;<em>All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;strongly recommends contacting a qualified industry professional.</em></p>


Polygon’s (MATIC) Price Slump

Polygon’s (MATIC) Price Slump: A 50% Loss in 2023 Fuels Analysts’ Call to Embrace Anarchy (ANA)

1600х800_Eth rocket_BP-430 (1)

Ethereum (ETH) Price Prediction 2023 – 2024: Smart Contracts, Liquidity Staking Tokens and Post-ETFs Era


<p>If you thought the crypto world was just a monotonous series of numbers and technical jargon, brace yourselves for a whirlwind tour through the eccentric realm of meme coins. They’re like the rowdy teenagers of the crypto world, strutting their rebellious streak with a devil-may-care attitude. Leading this crypto punk movement are three rockstars &#8211; BALD, COIN, and BASED.</p>



<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<p></p>


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<h2 class="wp-block-heading">The Dawn of Meme Coin Renaissance on Ethereum Level-2 Chain</h2>



<p>Welcome to the madhouse of Memes on Coinbase Ethereum Level-2 Chain, where meme coins are proving that you can mix business with humor. The uproarious rollercoaster of Coinbase Base Memes and the fun chaos they&#8217;ve stirred up has left the financial world bemused and bewildered.</p>



<p>Here&#8217;s the thing: the Ethereum Level-2 Chain isn&#8217;t just a fancy piece of blockchain tech. It’s the stage where meme coins have been cranking up the volume and belting out heady performances. It&#8217;s a digital Woodstock where every concert goer is hoping to strike it rich while having a blast.</p>



<p>Read more: <a href="https://hodl.fm/ethereum-liquid-staking-tokens-impending-doom/">Ethereum’s Impending Doom? Liquid Staking Tokens to Conquer the Crypto World</a></p>


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<figure class="aligncenter size-large"><img decoding="async" src="https://miro.medium.com/v2/resize:fit:679/1*xvXIsfgU4mByBBb8gA9P7g.gif" alt=""/></figure></div>


<h2 class="wp-block-heading">BALD, COIN, BASED: The Meme Coin Mavericks</h2>



<p>The mavericks stirring up the meme pot are none other than BALD, COIN, and BASED. As per recent Coinbase Base News, these meme coins are selling faster than hot cakes at a breakfast buffet. They&#8217;re the toast of the Crypto Memes Trend, serving up hefty profits and hearty laughs.</p>



<p>The intriguing tale of the BALD meme coin on Coinbase’s layer-2 base chain, in particular, is one for the crypto history books. <a href="https://www.fxstreet.com/cryptocurrencies/news/bald-meme-coin-on-coinbase-layer-2-base-chain-yields-massive-gains-for-traders-overnight-202307311516">Reported by fxstreet.com</a>, it set the trading floor ablaze, yielding massive gains for traders overnight. Now, that&#8217;s what we call a digital jackpot!</p>



<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">In just 18 hours, this <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a> wallet went from $9,8k to $815k 🧙‍♂️<br><br>Insider’s first to uncover <a href="https://twitter.com/search?q=%24BALD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BALD</a> &amp; boosted his balance by 8173% !<br><br>Let’s dive in his trades I’ll show his next x100 gem🧵👇 <a href="https://t.co/b8IhY0vWG7">pic.twitter.com/b8IhY0vWG7</a></p>&mdash; Reflection🪩 (@0xReflection) <a href="https://twitter.com/0xReflection/status/1685668600642707456?ref_src=twsrc%5Etfw">July 30, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<h2 class="wp-block-heading">The Joyride Continues: Future of Memes in DeFi</h2>



<p>As we speed down the meme highway, a question pops up &#8211; where is this joyride of Memes in DeFi taking us? If the enthusiasm of the Coinbase Degen Community is any indicator, we are cruising towards an exciting new horizon filled with countless meme wonders.</p>



<div class="d-flex justify-content-center"><ins class="64c250b9b41a4b5be53156b1" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c250b9b41a4b5be53156b1",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<p>Indeed, the current wave of Crypto Humor is more than just a passing trend. It&#8217;s a testament to the irreverent, innovative spirit of the crypto world, continually pushing boundaries and surprising us in the most delightful ways.</p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">You hear some people made 40,000% or whatever buying <a href="https://twitter.com/search?q=%24BALD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BALD</a>. You google how to bridge your ETH to <a href="https://twitter.com/search?q=%24BASE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BASE</a> and you move it over.<br><br>You are going to be so rich. You know it. You are going to turn $100 into $1 million, retire, buy that Lambo and finally get a gf.<br><br>It&#39;s all so easy&#8230; 👇…</p>&mdash; Lady of Crypto (@LadyofCrypto1) <a href="https://twitter.com/LadyofCrypto1/status/1685742149642391553?ref_src=twsrc%5Etfw">July 30, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



<p>Read more: <a href="https://hodl.fm/how-to-hodl-crypto/">How to HODL: Mastering the Art of Patience and Profits</a></p>



<h2 class="wp-block-heading">Coinbase DeFi Integration: The Fuel for Meme Coin Mania</h2>



<p>Fan the flames of the meme coin mania, and you&#8217;ll find the <a href="https://www.coinbase.com/cloud/solutions/defi">Coinbase DeFi Integration</a> at its core. Acting as a turbo booster for the meme coin space race, this integration has made meme coins the poster child of decentralized finance. And, with the Ethereum Level-2 Chain being their playground, meme coins are making quite the splash in the crypto pool.</p>



<h2 class="wp-block-heading">The Crypto Degen Invasion: An Ode to Meme Coins</h2>



<p>In a nutshell, the Crypto Degen Invasion is the ultimate celebration of meme coins and the community rallying behind them. Every BALD, COIN, and BASED enthusiast is a testament to this cultural phenomenon that&#8217;s reshaping the crypto landscape. They&#8217;re the flag bearers of the meme coin revolution, marching to the beat of their own drum.</p>



<p>With the Ethereum Level-2 Chain serving as the arena, meme coin gladiators are transforming the crypto world one meme coin at a time. Coinbase&#8217;s new network is the meme coin battleground, where fortunes are made, and legends are born.</p>



<p>So, what are you waiting for? Dive into the memeverse and experience the thrills of the meme coin revolution. With every click, you&#8217;ll discover a world filled with wit, humor, and plenty of digital gold. </p>



<p><strong>Disclaimer</strong>:&nbsp;<em>All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort,&nbsp;</em><em><a target="_blank" href="http://hodl.fm/" rel="noreferrer noopener">HODL.FM</a></em><em>&nbsp;strongly recommends contacting a qualified industry professional.</em></p>


hodlfm-template-cover-green

Meme Coin Tides Shift, Yielding Three-Digit Gains to Degens on Coinbase Ethereum Layer 2


<h2 class="wp-block-heading">ETH Gets Cold Feet as LSTs Take Center Stage</h2>



<p>Ethereum&#8217;s days of ruling the crypto kingdom might be numbered, all thanks to the ingenious rise of Liquid Staking Tokens (LSTs). It&#8217;s time to prepare for a revolution that will rock the crypto world and bring forth a new bull market!</p>



<div class="d-flex justify-content-center"><ins class="64c25105bd391bf86a4f85f8" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c25105bd391bf86a4f85f8",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div>



<p></p>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img decoding="async" src="https://media2.giphy.com/media/okLCopqw6ElCDnIhuS/giphy.gif?cid=ecf05e472mji2z17a63y0o6z3inweq4vf7a4mivy7ue37c15&amp;ep=v1_gifs_related&amp;rid=giphy.gif&amp;ct=g" alt=""/></figure></div>


<h2 class="wp-block-heading">LSTs: The $17 Billion Phenomenon Sweeping the Bull Market</h2>



<p>In a twist of fate, LSTs are set to replace Ethereum&#8217;s native cryptocurrency, ETH. These tokens are already shaking up the market with a staggering valuation of approximately $17 billion, and their momentum is only getting stronger post the Ethereum Merge.</p>



<p>Read more: <a href="https://hodl.fm/digest-3/">Ethereum Shanghai upgrade, Arbitrum drama and an unexpected BTC whale?</a></p>



<p>ETH may offer a steady 4% annual yield through staking, but LSTs are here to level up the game. They present liquidity providers (LPs) with a conundrum, as they can now choose between the stability of staking ETH and the flexible earning potential of LSTs.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="390" src="https://hodl.fm/wp-files/2023/08/image-2-1-1024x390.jpg" alt="" class="wp-image-2766" srcset="https://hodl.fm/wp-files/2023/08/image-2-1-1024x390.jpg 1024w, https://hodl.fm/wp-files/2023/08/image-2-1-300x114.jpg 300w, https://hodl.fm/wp-files/2023/08/image-2-1-768x292.jpg 768w, https://hodl.fm/wp-files/2023/08/image-2-1-1536x584.jpg 1536w, https://hodl.fm/wp-files/2023/08/image-2-1-2048x779.jpg 2048w, https://hodl.fm/wp-files/2023/08/image-2-1-816x310.jpg 816w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">ETH staked on Swell as of July 30, 2023. Source: <a href="https://defillama.com/protocol/swell">DeFiLlama</a></figcaption></figure></div>


<h2 class="wp-block-heading">Staking with a Twist: ETH&#8217;s Dilemma</h2>



<p>Staking ETH and earning yields is all the rage now, but LSTs bring a refreshing twist to the game. Unlike regular staked ETH, LSTs are a liquid &#8220;receipt&#8221; token, freely tradable, and usable as collateral in DeFi protocols, providing ultimate flexibility to tokenholders.</p>



<p>With LSTs in their arsenal, LPs can have the best of both worlds. Earn yield from staked ETH while simultaneously providing liquidity in automated market makers (<a href="https://cointelegraph.com/explained/uniswap-and-automated-market-makers-explained">AMMs</a>). And did we mention the lower cost of entry? LSTs open the door to a wider audience and smaller investors.</p>



<div class="d-flex justify-content-center"><ins class="64c250b9b41a4b5be53156b1" style="display:inline-block;width:1px;height:1px;"></ins><script>!function(e,n,c,t,o,r,d){!function e(n,c,t,o,r,m,d,s,a){s=c.getElementsByTagName(t)[0],(a=c.createElement(t)).async=!0,a.src="https://"+r[m]+"/js/"+o+".js?v="+d,a.onerror=function(){a.remove(),(m+=1)>=r.length||e(n,c,t,o,r,m)},s.parentNode.insertBefore(a,s)}(window,document,"script","64c250b9b41a4b5be53156b1",["cdn.bmcdn6.com"], 0, new Date().getTime())}();</script></div> 



<h2 class="wp-block-heading">The Plot Thickens: ETH&#8217;s Fate Hangs in the Balance</h2>



<p>Folks in the crypto realm may argue that ETH&#8217;s place is secure, but the pace of change in the crypto universe is relentless. LSTs offer a more efficient way to earn yields, and as they gain traction, they could soon replace ETH as the kingpin of <a href="https://hodl.fm/decentralized-finance-defi-revolutionizing-traditional-financial-systems/">DeFi</a>.</p>



<p>Read more: <a href="https://hodl.fm/mysterious-ethereum-address-0xd275e/">Explosive Revelations: Mysterious Ethereum Address ‘0xd275e’ Raises Eyebrows in Crypto Circles</a></p>



<h2 class="wp-block-heading">The Rise of LSTs: A New Dawn in Crypto</h2>



<p>It&#8217;s still early days, but the seeds of change have been planted. The surge in LST adoption is evident, and as people warm up to staking ETH, the revolution will gather pace.</p>


<div class="wp-block-image">
<figure class="aligncenter size-full is-resized"><img decoding="async" loading="lazy" src="http://hodl.fm/wp-files/2023/08/supermeme_10h36_11.jpg" alt="" class="wp-image-2765" width="484" height="506" srcset="https://hodl.fm/wp-files/2023/08/supermeme_10h36_11.jpg 956w, https://hodl.fm/wp-files/2023/08/supermeme_10h36_11-287x300.jpg 287w, https://hodl.fm/wp-files/2023/08/supermeme_10h36_11-768x803.jpg 768w, https://hodl.fm/wp-files/2023/08/supermeme_10h36_11-816x854.jpg 816w" sizes="(max-width: 484px) 100vw, 484px" /></figure></div>


<p>With LSTs taking center stage, a revitalization is on the horizon for the crypto industry. These tokens offer accessibility to new users, infusing new life into the market after the harsh &#8220;crypto winter.&#8221; So, before you put all your coins in the ETH basket, take a stroll through the vibrant world of LSTs. It may be the game-changing move you&#8217;ve been waiting for.</p>



<p><em><strong>Disclaimer</strong>:&nbsp;All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL.FM is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort, HODL.FM strongly recommends contacting a qualified industry professional.</em></p>


Ethereum’s Impending Doom? Liquid Staking Tokens to Conquer the Crypto World


<p>Recent on-chain activity involving the Ethereum address &#8216;0xd275e&#8217; has caught the crypto community&#8217;s attention. We, hodlers, couldn&#8217;t leave this hot piece of news unnoticed as well. It&#8217;s like trying to solve a riddle wrapped in a blockchain mystery. Who is behind this secretive account? We&#8217;re still searching for the elusive crypto Sherlock Holmes. Or should we instead call him Jamer Moriarty?</p>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://media2.giphy.com/media/69jvP3VXUYhr3YUYu9/giphy.gif?cid=ecf05e4733ygluh2ah7qpsk3cgdexyg2hfvfrd6xa0pzti2w&amp;ep=v1_gifs_search&amp;rid=giphy.gif&amp;ct=g" alt="" width="436" height="318"/></figure></div>


<h2 class="wp-block-heading"><strong>$75M Tokens on the Move</strong></h2>



<p>Spot On Chain, the crypto sleuths on the case, have uncovered jaw-dropping moves by &#8216;0xd275e&#8217;. In a matter of hours, this address managed to shuffle $32.89 million worth of Wrapped Bitcoin (WBTC) into Bitfinex and $27.17 million worth of Ethereum (ETH) across Binance, Coinbase, and Kraken. The activities surrounding &#8216;0xd275e&#8217; resemble a captivating high-stakes game where cryptocurrencies are the main players, keeping everyone intrigued and on their toes. It keeps us on ours as well!</p>



<p>Read more: <a href="https://hodl.fm/arbitrum-airdrop-interest-defi/">Arbitrum Airdrop Sparks DeFi Frenzy, Researcher Highlights Growing Interest</a></p>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Whale&quot;0xd275&quot; that got <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$USDT</a> back to the peg appears to be selling <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> and repaying the debt on <a href="https://twitter.com/hashtag/Aave?src=hash&amp;ref_src=twsrc%5Etfw">#Aave</a>.<br><br>He withdrew 15K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($25.88M) 3 hrs ago and deposited to <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw">#Kraken</a>, <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a> and <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw">#Coinbase</a>.<br><br>Then he withdrew ~$5M of stablecoins from <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw">#Kraken</a> and repaid the debt on <a href="https://twitter.com/hashtag/Aave?src=hash&amp;ref_src=twsrc%5Etfw">#Aave</a>. <a href="https://t.co/ZaJebxSXNn">pic.twitter.com/ZaJebxSXNn</a></p>&mdash; Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1670737842530820097?ref_src=twsrc%5Etfw">June 19, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 class="wp-block-heading"><strong>Active Participation in the DeFi Ecosystem</strong></h2>



<p>&#8216;0xd275e&#8217; is no wallflower when it comes to the DeFi dance floor. It&#8217;s been waltzing around with Aave interest-bearing Wrapped Ether (WETH), Wrapped Bitcoin (WBTC), and USD Coin (USDC). Talk about being the life of the DeFi party!</p>



<p>If this were a Hollywood movie, we&#8217;d have a recurring character named &#8216;0xd275e&#8217;. This enigmatic address has appeared in previous industry analyses, including allegations of misappropriating customer funds. It&#8217;s the ultimate shape-shifter, leaving us wondering, &#8220;Who is this master of disguise?&#8221;</p>



<h2 class="wp-block-heading"><strong>Connections to Tether and FTX?</strong></h2>


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<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://media0.giphy.com/media/jzw9G5Yvi2PXW/giphy.gif?cid=ecf05e47udh4s6hvoldtkabj6mep3tavazbeou7v7g084fma&amp;ep=v1_gifs_search&amp;rid=giphy.gif&amp;ct=g" alt="" width="462" height="347"/></figure></div>


<p>In the world of crypto, everyone loves a good conspiracy theory. Some believe &#8216;0xd275e &#8216;is rubbing elbows with Tether or FTX. Is it a case of a secret love affair or a long-lost sibling reunion? We can&#8217;t say for sure, but it&#8217;s clear that &#8216;0xd275e&#8217; has quite a mysterious social circle.</p>



<p>Read more: <a href="https://hodl.fm/shanghai-hard-fork-what-is-it/">Ethereum Blockchain’s Shanghai Hard Fork: What is it and Why Does It Matter?</a></p>



<h2 class="wp-block-heading"><strong>Seeking Answers</strong></h2>



<p>CryptoSlate tried reaching out to Bitfinex and Tether for comments on &#8216;0xd275e&#8217;, but it seems they&#8217;ve gone into hiding. Perhaps they&#8217;re busy concocting their own theories about the address. After all, in the crypto world, everyone loves a good puzzle to solve!</p>



<figure class="wp-block-embed is-type-rich is-provider-reddit wp-block-embed-reddit"><div class="wp-block-embed__wrapper">
<blockquote class="reddit-embed-bq" style="height:316px" ><a href="https://www.reddit.com/r/CryptoCurrency/comments/14f3ufj/address_0xd275_allegedly_one_of_the_addresses_of/">Address 0xd275, allegedly one of the addresses of misappropriating customer funds disclosed by ex-employees of FTX is transferring a lot of WBTC and ETH to Cex!</a><br> by<a href="https://www.reddit.com/user/nakasatoshi/">u/nakasatoshi</a> in<a href="https://www.reddit.com/r/CryptoCurrency/">CryptoCurrency</a></blockquote><script async src="https://embed.reddit.com/widgets.js" charset="UTF-8"></script>
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<h2 class="wp-block-heading"><strong>Unraveling the FTX Hack</strong></h2>



<p>When it comes to mysteries, the FTX hack is a page-turner. &#8216;0xd275e&#8217; found itself in the middle of it all, making suspicious transfers while FTX suspended user withdrawals. It&#8217;s like a real-life game of cat and mouse but with cryptocurrencies instead. Who knew digital money could be so thrilling?</p>



<h2 class="wp-block-heading"><strong>No Smoking Gun Yet</strong></h2>



<p>As the search for the truth continues, we&#8217;re left with more questions than answers. Is &#8216;0xd275e&#8217; a cunning mastermind or just an innocent bystander caught in a web of coincidences? Only time will tell. But one thing&#8217;s for sure, this mysterious wallet has become the talk of the town, leaving crypto enthusiasts on the edge of their seats, eagerly awaiting the next twist in this captivating tale.</p>



<p>Disclaimer:&nbsp;<em>All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice.Please note that despite the nature of much of the material created and hosted on this website, HODL.FM is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort, HODL.FM strongly recommends contacting a qualified industry professional.</em></p>


1600х800_Ripples SEC_BP-336

Explosive Revelations: Mysterious Ethereum Address ‘0xd275e’ Raises Eyebrows in Crypto Circles

<p><span style="font-weight: 400;">Listen up, all you big shots and high rollers! As </span><a href="https://cointelegraph.com/news/metamask-institutional-unlocks-solo-eth-staking-marketplace"><span style="font-weight: 400;">stated at Cointelegraph</span></a><span style="font-weight: 400;">, or as we like to say, the Bible of crypto, MetaMask just dropped a sick new staking marketplace for all you institutional players out there. This game-changing service is designed to make it easy-peasy for you to create new Ethereum validators and manage your stakes like a boss.</span></p>
<p><span style="font-weight: 400;">Now with MetaMask Institutional, you can do it all in one convenient place. So, what&#8217;s the deal with solo staking in Ethereum? And who&#8217;s gonna be the staking provider, you ask? And let&#8217;s not forget about managing assets, fam. Can you believe, MetaMask Institutional has got us covered with a user-friendly dashboard that even your grandma could use? Trust us, you don&#8217;t want to miss out on this dope new platform. Alright, let&#8217;s go explore!</span></p>
<h2>MetaMask Institutional just dropped the first institutional ETH staking marketplace</h2>
<p><span style="font-weight: 400;">Check it out, peeps! MetaMask Institutional just unleashed a dope new staking marketplace that&#8217;s gonna make you go cray cray! MMI is the real OG when it comes to blockchain technology applications. They&#8217;re claiming it&#8217;s the first of its kind for institutional clients, and we&#8217;re not gonna lie, it sounds pretty damn impressive.</span></p>
<p><span style="font-weight: 400;">Basically, MMI is making it super easy for big shot investors to stake their ETH by offering a user-friendly interface, standard conditions, and all the necessary reporting. And get this, they&#8217;re even creating new Ethereum validators for their clients! That&#8217;s some serious VIP treatment, am I right?</span></p>
<p><span style="font-weight: 400;">This ain&#8217;t no basic blockchain tech, folks. MMI is bringing the heat with their advanced features and controls, designed specifically for organizations and enterprises. So, if you&#8217;re a baller looking to get in on the staking game, you better hop on over to MMI&#8217;s marketplace and see what they&#8217;re serving up. It&#8217;s got fees, conditions, discounts &#8211; the whole nine yards. </span></p>
<h2>Wondering what solo Ethereum staking is all about?</h2>
<p><span style="font-weight: 400;">Alright, folks! As per the holy grail of Ethereum news, aka the official </span><a href="https://ethereum.org/en/staking/solo/#:~:text=Further%20reading-,What%20is%20solo%20staking%3F,participate%20directly%20in%20network%20consensus."><span style="font-weight: 400;">Ethereum blog</span></a><span style="font-weight: 400;">, it&#8217;s basically when you launch your own node on the Ethereum blockchain and deposit a whopping 32 ETH to become a validator. Yeah, you read that right &#8211; 32 freakin&#8217; ETH! As a solo staker, you&#8217;ll be the one confirming all those new transactions and keeping everything running smoothly, all while trying to avoid getting hacked or scammed.</span></p>
<p><span style="font-weight: 400;">If you&#8217;re thinking about going solo, you better be one experienced investor with a fat wallet and a trusty computer with lightning-fast internet and the latest malware protection. And while you won&#8217;t exactly be rolling in dough, you&#8217;ll at least be getting some guaranteed income with minimal risks. </span></p>
<h2>MMI is set to be an avenue for the creation of new Ethereum validators</h2>
<p><span style="font-weight: 400;">MetaMask Institutional is about to become the new hotspot for creating fresh Ethereum validators, with a brand-spanking-new staking marketplace for institutional bigwigs. Johann Bornman, the head honcho of MMI product at ConsenSys, </span><a href="https://cointelegraph.com/news/metamask-institutional-unlocks-solo-eth-staking-marketplace"><span style="font-weight: 400;">said in an interview</span></a><span style="font-weight: 400;">, the company is ditching liquid staking for 32 ETH staking, not just because of the upcoming Ethereum merge in 2022 but also due to the <a href="https://hodl.fm/shanghai-hard-fork-what-is-it/">Shanghai</a>/Capella upgrade. This upgrade will unleash deposit withdrawals for Ethereum validators, meaning solo stakers who deposited the required 32 ETH can access their tokens and rewards.</span></p>
<p><span style="font-weight: 400;">In the past, only liquidity provider pools allowed small amounts of ETH deposits and withdrawals. But both solutions will be activated on March 27th, well ahead of the Ethereum blockchain&#8217;s hard fork on April 12th, which will allow the withdrawal of ETH from staking. So, if you&#8217;re a baller with some serious crypto cash, solo staking might just be the thing for you &#8211; long-term investment with low-risk and guaranteed income.</span></p>
<h2>MetaMask Institutional partners with staking providers for institutions</h2>
<p><span style="font-weight: 400;">MMI is teaming up with some of the hottest staking providers in the game to make solo staking on Ethereum a breeze for institutionals. </span><a href="https://consensys.net/blog/press-release/consensys-launches-the-first-marketplace-for-institutional-staking-on-metamask-institutional-in-partnership-with-allnodes-blockdaemon-and-kiln/"><span style="font-weight: 400;">According to ConsenSys press release</span></a><span style="font-weight: 400;">, Allnodes, Blockdaemon, Kiln, and ConsenSys Staking, have joined forces with MMI to make sure their clients can easily become validators on the Ethereum blockchain. And that&#8217;s not all, the MMI squad is planning to link up with even more staking providers in the near future. Looks like solo staking just got a whole lot easier for the big dogs.</span></p>
<h2>Are the institutional-grade wallet and custody service be able to manage ETH stakes?</h2>
<p><span style="font-weight: 400;">Sup, squad? How&#8217;s it hanging? The big question on everyone&#8217;s mind is whether an institutional-grade wallet and custody service can handle those juicy ETH stakes. In the past, finding the right staking provider was like navigating a maze with multiple obstacles, such as infrastructure configurations, certificates, and payment structures. It was like trying to find a needle in a haystack.</span></p>
<p><span style="font-weight: 400;"> </span><span style="font-weight: 400;">But fear not, my crypto amigos, because MMI has got your back! They&#8217;ve partnered up with four top-tier staking providers to simplify the selection process and standardize conditions and provisions. Plus, their comprehensive reporting templates will make your accountant sing with joy.</span></p>
<p><span style="font-weight: 400;">And that&#8217;s not all, folks! The MMI dashboard is like a one-stop-shop for all your crypto needs. It aggregates liquidity data from multiple aggregators, DEXs, and AMMs, allowing you to make the most of optimal gas prices and minimizing those pesky transaction rejections. </span></p>
<h2>How will the service’s new staking marketplace simplify the complexity of institutional staking?</h2>
<p><span style="font-weight: 400;">Alright, alright, alright, my DeFi and web3 homies &#8211; managing your participation in the ecosystem just got a whole lot easier, thanks to the new MMI feature: </span><a href="https://consensys.net/blog/metamask/metamask-institutional/mmi-launches-a-more-powerful-web3-portfolio-dashboard-for-organizations/?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=mmi-launches-a-more-powerful-web3-portfolio-dashboard-for-organizations"><span style="font-weight: 400;">team management</span></a><span style="font-weight: 400;">. Now you can appoint a user-administrator, add team members, and optimize invoicing processes with a click of a button.</span></p>
<p><span style="font-weight: 400;">With the service&#8217;s new staking marketplace, institutions can say goodbye to the headache-inducing complexities of institutional staking. MMI provides standardized conditions and reporting templates, making it a breeze for organizations to choose a suitable provider and manage their precious ETH stakes. And that&#8217;s not all &#8211; the MMI dashboard aggregates liquidity data from multiple aggregators, decentralized exchanges (DEX), and automated market makers (AMM), ensuring optimal gas prices and minimal transaction rejections.</span></p>
<h3>The last word</h3>
<p><span style="font-weight: 400;">Well, well, well, we&#8217;ve covered a lot of ground today, from staking to wallets, and everything in between, and we&#8217;ve come to the end of the road. This is the last word, folks: whether you&#8217;re a whale or just trying to get your feet wet in the crypto game, Meta Mask Institutional is the place to be for all your staking needs. So sit back, relax, and let MMI handle the nitty-gritty details of institutional staking.</span></p>


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Meme Coin Tides Shift, Yielding Three-Digit Gains to Degens on Coinbase Ethereum Layer 2

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Ethereum’s Impending Doom? Liquid Staking Tokens to Conquer the Crypto World

Explosive Revelations: Mysterious Ethereum Address ‘0xd275e’ Raises Eyebrows in Crypto Circles

MetaMask Institutional unlocks solo ETH staking marketplace