EddieJayonCrypto
20 Feb 24
• Decentralized Finance Exchange Hack: ○ FixedFloat DeFi exchange hacked, resulting in the theft of $26M in Bitcoin and Ethereum. ○ Funds primarily sent to an online exchange called eXchdotch. ○ FixedFloat reassures users that their funds were not affected, no KYC• Forbes' Entry into The Sandbox Met...
• Decentralized Finance Exchange Hack: ○ FixedFloat DeFi exchange hacked, resulting in the theft of $26M in Bitcoin and Ethereum. ○ Funds primarily sent to an online exchange called eXchdotch. ○ FixedFloat reassures users that their funds were not affected, no KYC• Forbes' Entry into The Sandbox Metaverse: ○ Forbes enters The Sandbox metaverse to engage with the community and drive innovation. ○ Virtual estate in The Sandbox to feature a luxurious environment and showcase 2024 Under 30 recipients.• Market Predictions and Altcoins: ○ Prediction that Ethereum and altcoins will surpass Bitcoin in performance. ○ Factors such as the Dencun update and potential approval of spot ETH exchange-traded funds contribute to the prediction.• Regulatory Updates in the UK: ○ UK lawmakers to introduce new regulations for crypto-staking services and stablecoins within six months. ○ Growing pressure from the cabinet to submit proposals before the next general elections.• Institutional Investments and ETFs: ○ BlackRock releases an ad for its iShares Bitcoin ETF to attract traditional investors. ○ Bitwise Bitcoin ETF now open to institutional investors, highlighting increasing acceptance of cryptocurrencies.• NFT Market and Business Strategies: ○ eBay plans to exit the NFT market within two years of acquiring KnownOrigin - 6/23/2022. ○ Tensions between eBay and KnownOrigin raise doubts about the future of digital collectibles on eBay.• Cryptocurrency Options Trading: ○ Analysis of a $20 million Bitcoin options trade indicating a cautious yet opportunistic outlook among large-scale investors. ○ Notable lean towards a bullish outlook among Bitcoin options traders.🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Eddie Jay on Crypto. Eddie Jay on Crypto may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.