2/ @Fetch_ai is an interchain protocol that powers P2P applications using AI capabilities to serve as a layer-1 network for #Ethereum and as an interchain bridge to all other blockchains.
#REN is most known for the role its protocol played in the FTX fiasco when the exploiter transferred millions of $ETH to $RENBTC.
Is this the end of $REN? Our AI Grade is still bearish on REN for now. This needs to change before the reversal.
4/ If you want to learn more about @renprotocol without worrying about its TM Grade, our analysts at Token Metrics have done research [ app.tokenmetrics.com/republic-proto… ] to form our opinions, looking at a combination of fundamental and technical indicators.
5/ Note that #REN is undergoing a major update, upgrading to 2.0 and sunsetting v1. We may have to take a look at REN again.
If you still hold $REN tokens, look into their community chats to learn more about this upgrade and swap your coins from v1 to v2.
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Lots of rumors about Binance, the biggest #Crypto exchange, being in trouble.
While we don't know the full story yet, the way the situation is unfolding is concerning. 🧵 1/
After the collapse of the Crypto exchange FTX, Binance has faced increased scrutiny from investors who are concerned about the safety of their funds. In response, Binance released a letter from auditing firm Mazars. 2/
One aspect of Binance's letter from Mazars that has raised concerns is the fact that the auditing firm performed its work using "agreed-upon procedures" requested by Binance. 3/
We are writing this statement to explain the events that unfolded this week regarding Golden Retriever and the Token Metrics (TM) team.
On November 5th, 2022, we posted a video on YouTube about a project called Golden Retriever (GLDN). This video did not conform to Token Metrics standards and analytical research methodology. For these reasons, it was taken down.
Token Metrics is more than just an analytics platform. It was founded to provide an investing framework through grades and indicators with proven machine learning and AI models.
A lesson we can learn from the collapse of FTX is a reminder of why we are in this space in the first place: decentralization.
It is unfortunate that many people have lost its meaning in the pursuit of wealth. 1/
There have never been so many opportunities around the world thanks to the internet. It has, however, led to a concentration of power in the hands of a few central entities.
Decentralization is a way of distributing that power more evenly and fairly. 2/
The need for decentralization is ever-increasing for a variety of reasons.
First of all, centralization results in power and wealth concentration.
We can see this in the fact that most of the world's wealth is concentrated in the hands of a small number of individuals. 3/
@LBRYcom, the background, and what it means for crypto 🧵
Decentralized projects are often seen as a threat by central authorities because they represent a challenge to the way that things have always been done.
In recent years, we have seen a number of crackdowns on decentralized projects by government agencies around the world in an attempt to maintain control over the population.
Today, another decentralized project bites the dust.