The Daily Leo #335: Bored Ape Investors Sue Yuga Labs and others, Critics warn friend.tech hype won't last
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US Futures Signal a Bounce After Three-Week Slump: Markets Wrap- US equity futures rose Monday, signaling a bounce for stocks on Wall Street after a bruising August so far for investors. Bonds were broadly weaker.......
German central bank sees the economy stagnating again in the 3rd quarter
Germany's central bank anticipates that the country's economy, Europe's biggest, will be more or less stagnant again in the current quarter — adding to a string of weak performances.
German gross domestic product stagnated ....
Kenya forms parliamentary committee to investigate Worldcoin
The Worldcoin cryptocurrency project has run into another roadblock — this time in Kenya, where the government has formed a 15-member parliamentary committee to investigate the controversial asset.....
Bored Ape Investors Sue Yuga Labs, Sotheby’s, 28 Others as NFT Prices PlungeA group of four investors who invested in the popular NFT collection Bored Ape Yacht Club (BAYC) has filed a class action suit against the project’s creator, Yuga Labs, and 29 other companies for misleadingly promoting the collectibles as their prices continue to tumble...
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Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase Ethereum co-founder Vitalik Buterin deposited 600 ether (ETH), which is around $1 million worth of the cryptocurrency, to crypto exchange Coinbase on Monday, according to data from Ethereum blockchain scanning website, etherscan.
The move comes as ether, the second largest cryptocurrency by market capitalization suffered a 10% decline over the last seven days..
‘I give it six to eight weeks’ — Critics warn friend.tech hype won’t last
Friend.tech, a new decentralized social media (DeSo) app, has rapidly become one of the hottest new things in crypto, with over 64,000 new users and more than 24,000 ETH in trading volume since its beta version launch of Aug. 11.
While many crypto industry heavyweights have praised the app for bringing thousands of people on-chain — some have warned it’s at risk of burning out....
The Community claimed LPUD for themselves, and broke a HUGE record!
200 Lions powered up for this LPUD
We keep breaking records, and the fact that breaking the record came exactly on this month where we decided to not make any official announcement is incredibly bullish for Leo.
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This edition of The Daily Leo was published by @katerinaramm while chilling at the Greek seaside on Leo Finance
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This news that ethereum founder Vitalik Buterin has sent this big amount to coinbase is not good probably because this will trigger the sale pressure in the market. This time when the market is down then it can make things worse.
This is a good number and we as a community can expect this number to grow more in coming months and because we are expecting more users to be onboarded so more tokens will be powered up.