The Daily Leo #213 - Binance will withdraw from potential US investments & OpenSea Implements 0% fees
Welcome to another edition of Daily Leo! We pick the best articles in Finances, Crypto news, and Hive/Leo into one condensed information-packed space.
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U.S. IPO pick-up offers hope of market re-open
The US IPO market seems to be recovering and some of the stronger sectors leading the early supply. This gives hope to the market that things may go the right way and we can see much more positive action in the market
Consumer debt hits record $16.9 trillion as delinquencies also rise
The global economy is still slowing down and companies are doing layoffs. The consumer debt ratio has increased and hit a record $16.9 trillion. This is up by almost $1.3 trillion of what we had a year ago
Blockchain-based government-issued bond just rolled out in Hong Kong
The government of Hong Kong has done great by announcing the rollout of the Tokenized Green Bond worth roughly HK$800 million. Blockchain technology is going to play an important role in this and even it will make things transparent and scalable
Binance CEO says crypto exchange will withdraw from potential US investments
US financial regulators are going deeper on the regulation side and we have seen a few updates recently. This also includes the question on BUSD and in this situation, Binance CEO is saying that the exchnage will withdraw from potential US investments
OpenSea implements 0% fees to win over NFT user base lost to Blur
OpenSea is a leading NFT marketplace but now they are going through the competition so they have announced 0% fees. They have announced some changes on the charges to provide more earnings to creators as well as buyers
Leo Power Up Day aka LPUD is a great event for the Leofinance family and this is organized on the 15th of every month. The last event has been a massive success and a total of 160k leo tokens are powered up. Checkout more about it here
Hive Is Paving The Way To A Brighter Future
Hive continues to grow and there are multiple layer 2 projects that are doing really well. Despite all this somewhere the chain is not getting the attention/publicity it deserves however once it happens then we can see much more happening here on the hive and this will lead to a bright future for Hive
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I wonder what would happen if there were no crypto exchange that takes money from US, I really think it could happen but it wouldnt affect crypto, they said the same thing about China mining ban and here we are.... although still think all this regulatory cloud is to cover the FTX implode, thx for sharing ✌️