IDCrypto

🖥 Recap of IDC x Meta Pool Discussion about how to make money with Liquid Staking 🖥⚠️ Before getting into the main topic you need to know first: - Staking here means locking our assets to support the sustainability of the blockchain network that uses proof of stake (PoS) consensus - Blockchain with technology PoS will get stronger if more investors stake. With this staking, investors will get APY, meaning we will get a reward based on the percentage of APY given by the project. For example, $ETH APY 5% per year or $NEAR APY 9.4% per year - Unfortunately, staking like that makes our assets only work with a return of 5-9% per year, it cannot be used for anything before we UNSTAKE... then it's here. LIKUID STAKING_✔️ What is LIKUID STAKING?Likuid Staking is a staking process through a certain protocol that allows users to get tokens in exchange as proof of our staking in that protocol, the token is called LST (Likuid Staking Token)✔️ LST varies depending on which protocol is issued & what tokens are we staking? Example: If you stake ETH in the Meta Pool then you get mpETH, if you stake Near in the Meta Pool you get stNEAR and so on, just search for it yourself on Google. ✔️ LST can be used for example to use TRADING MICIN on Dex, or loaned to the platform LANDING so you can get another APR. So this is the advantage of making money with LIKUID STAKING, stakes get APY & LST and can be used for trading 🙂 Isn't it really fun playing on LIKUID STAKING?

Melania The former first lady of America, Melania Trump, released her NFT collection entitled the 1776, digital art collection worth $50 each which she says the NFT collection can help to "celebrate our great nation".

It was discovered that Kwon Do-hyung, CEO of Terraform Labs, withdrew bitcoin (BTC) worth a total of $7.5 million (Rp 112.5 billion) from Luna Foundation Guard (LFG) wallet twice in the new year 2023.

On the 3rd, Digital Asset reported, “Since CEO Kwon fled to Serbia, there have been four large-scale coin transfers that have cashed out so far.”

According to the media, CEO Kwon continued to import large amounts of bitcoins from the LFG wallet, and it is known that there are still 6197 BTC left in the wallet.

It is analyzed that the bitcoin transfer from Luna Foundation Guard (LFG) the first time it was withdrawn in January was transferred to Coinbase, a North American virtual asset (cryptocurrency) exchange, and the second time it was withdrawn in February was moved to a relay wallet (relay wallet).

The media explained, “The withdrawn Bitcoins have not been transferred to other wallets, but they are of the opinion that they may soon be transferred to overseas exchange wallets like Binance for example.”

Coin Cloud, the company that operates more than 4,000 bitcoin ATMs across the US and Brazil, has filed for bankruptcy protection with an estimated liability of between $100 million and $500 million.

The Las Vegas-based company has between $50 million and $100 million in assets and about 10,000 creditors, according to a February 7 filing in the US Bankruptcy Court for the District of Nevada.

The company's biggest lender is Genesis Global Trading, which has more than $100 million in unsecured loans. Genesis is also discussing equity injections into ATM operators, according to a November report by Bloomberg.