Bybit announced that from December 15th, fiat transactions and NFT purchases will require KYC. The daily withdrawal limit without KYC is changed from 2BTC to $20K. Bybit relied on no KYC to snatch the BitMEX market in the early days, and then began to strengthen its KYC policy.
— Wu Blockchain (@WuBlockchain) December 9, 2022

https://t.co/mkfoss60fQ
— Wu Blockchain (@WuBlockchain) December 9, 2022

Over $100 Million worth of $APE staked

More than $100 Million worth of $APE has now been added to the staking pool in the past 7 days 🐒 pic.twitter.com/gZM9Zd7Rkh
— Nansen Intern 🧭 (@nansen_intern) December 9, 2022

Jim Cramer says XRP, Solana and Dogecoin are all “cons.”

JUST IN: Jim Cramer says #XRP, #Solana and #Dogecoin are all "cons."
— Watcher.Guru (@WatcherGuru) December 8, 2022

Twitter will soon start freeing the namespace of 1.5 billion accounts

Twitter will soon start freeing the name space of 1.5 billion accounts
— Elon Musk (@elonmusk) December 9, 2022

These are obvious account deletions with no tweets & no log in for years
— Elon Musk (@elonmusk) December 9, 2022

CZ accused SBF of using his hedge fund to drive down the price of Tether

In Nov. 10 texts obtained by NYT, CZ accused SBF of using his hedge fund to drive down the price of Tether

CZ pointed out a $250k trade by Alameda that he said was designed to destabilize Tetherhttps://t.co/sCD1rv7qLh pic.twitter.com/V1HQUg3tpC
— db (@tier10k) December 9, 2022

Evidence shows the Terra collapse had a much bigger impact than FTX

Evidence shows the #Terra collapse had a much bigger impact than #FTX. #USDT market cap for reference. 👇

Some altcoins like #BNB also bottomed in June and never looked back.

The worst is behind us unless some other smart-ass starts talking about effective altruism. 😂 pic.twitter.com/1GFsc88ZBc
— Duo Nine ⚡ discord.gg/ycc (@DU09BTC) December 9, 2022

Stablecoins war returns

#USDC repeated failures at adoption, being delisted on #Binance and @Circle failing to go public meant that @coinbase had to come to the rescue.

You can now swap #USDT to #USDC for free!

But there is an issue: You can't swap USDC to USDT for free.

Stablecoins war returns! pic.twitter.com/vCmesUz9Oz
— Duo Nine ⚡ discord.gg/ycc (@DU09BTC) December 9, 2022

Amber said less than 10 percent of its trading capital was stuck on FTX

Amber said less than 10 per cent of its trading capital was stuck on FTX. It will stop retail operations and terminate a sponsorship deal with Chelsea FC. Amber completed the financing plan of $50m out of the original plan of 100m. Staff cut from 700 to 400. https://t.co/muW69gXNZM
— Wu Blockchain (@WuBlockchain) December 9, 2022

TheBlock: Amber Group owes about $130 million to Vauld CEO Darshan Bathija. Singapore-based crypto lending platform Vauld halted customer withdrawals in July and owes creditors more than $400 million. Amber has until June 2023 to repay Bathija. https://t.co/3JWOLwj3Qb
— Wu Blockchain (@WuBlockchain) December 9, 2022

Former BitMEX CEO argues that Bitcoin has bottomed

In "PEMDAS", I argue why $BTC has bottomed, and what types of #crypto assets to hold while we patiently wait for money printer to go brrrrr once again.https://t.co/fdTSfgI0Dj pic.twitter.com/5Xet1mLrCy
— Arthur Hayes (@CryptoHayes) December 9, 2022

Kevin O’Leary was paid $15M to be FTX’s spokesperson

In case anyone was confused why Kevin O’Leary thinks SBF is such a good guy. — it just came out he had a $15mm dollar deal. https://t.co/yq76vZ7Z4g
— Coffeezilla (@coffeebreak_YT) December 8, 2022

Good Morning Everyone! Kevin O’Leary got paid $15MM to be FTX spokesperson… pic.twitter.com/iSjZZ8VZq5
— Genevieve Roch-Decter, CFA (@GRDecter) December 8, 2022

This wallet made $1 billion with SHIB

The wallet that turned 4 figures into over 1 billion dollars with $SHIB now holds ~$95 Million worth, after various transfers in November 2021 🐕

Though not often, they have continued to transact this year 💸

Track their wallet for free: https://t.co/K1eh1RlVI8 pic.twitter.com/VslrVeucEl
— Nansen Portfolio (@nansenportfolio) December 9, 2022

New ByBit withdrawal limits

FYI

New ByBit withdrawal limits coming in for unverified users effective Dec. 20

Previously 2btc/day
Now $20k/day, $100k/monthhttps://t.co/cU2Cy4UX9S pic.twitter.com/2KwIxETYgG
— db (@tier10k) December 9, 2022

Bitcoin hash rate continues to hold up pretty well after the recent pullback

#bitcoin hash rate continues to hold up pretty well after the recent pullback.

Reminder also that there was a -7.32% difficulty adjustment three days ago.

Live chart: https://t.co/JjQFEqMLSf pic.twitter.com/h8ZB2mZYmH
— Philip Swift (@PositiveCrypto) December 9, 2022

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.03:28

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.