At Level, we believe the two largest use cases of cryptocurrencies are:
1. The permissionless access to US dollars.
2. Providing economic security for decentralized networks.
With their announcement today, @eigencloud joins @symbioticfi and @Karak_Network in enabling stablecoins to be restaked to provide economic security.
Level 🆙
Hello everybody. I need to make a very difficult announcement that has been weighing on my conscience for some time.
Plonk isn’t real.
We made it all up.
@rel_zeta_tech and I are not even cryptographers.
Allow me to explain… (1/🧵)
BREAKING: Binance, the world’s largest crypto exchange, and CEO Changpeng Zhao, were sued by the US CFTC for allegedly breaking trading and derivatives rules https://t.co/jsEIKBI4VZ