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Let's talk about Binance. Again Greece knocked them back on their EU licence. Well — Binance pulled the application right before the regulator was going to reject it. Same thing. The biggest exchange in the world can't get a tick from one EU regulator before the deadline. Have a think about that. And if that doesn't do it, go back to October 10. Worst day crypto has ever had. 19 billion gone. 1.6 million traders liquidated. And here's the bit that matters. USDe dropped to 62 cents on Binance while it sat at a dollar everywhere else. Their platform. Their price. People got wiped on a number that wasn't real anywhere but there. When it mattered most, the platform stalled. People couldn't get filled to get in or out, stops failed and traders got wiped. Liquidity vanished and that was that. Then they paid out 328 million in compensation and in the same breath said their systems didn't cause it. Right. I'm not telling you what to do with your coins. The exchange holding your money matters as much as the trade and you should only hold enough on any platform that allows you to trade the size you wish, everything else should be in cold storage. So well done Greece, whether you intended to create consequence or not, you did and karma bites Binance. Trade safe. 🫡

Ronin 生态链游 Fishing Frenzy 宣布将于 6 月 25 日停止运营。团队表示，由于未能找到可持续的产品市场契合点（PMF），决定关闭项目。目前已根据 Karma Score 向社区分配 62,845 枚 USDC，并向用户退还自 Chapter 3 上线以来的游戏内 USDC 消费 7,021 美元。FISH 代币已停止交易，仅保留游戏内使用功能。

Today we are sad to announce that Uncharted and Fishing Frenzy will shutdown and cease operations. Despite our best efforts, we were ultimately unable to prove our thesis on crypto gaming and could not find product-market-business fit. We spent a lot of time in the past year testing multiple directions and audiences, but the results did not give us enough conviction in a viable path forward. We are deeply thankful for the community and investors who gave us their time and trust, and we are sorry we could not deliver. Here is what’s happening next: - Servers will shutdown on June 25th 2am UTC - USDC packages are no longer available in the game - FISH token is now spend-only and untradable - Karma scores are now open sourced for use by other teams and partners: - All USDC from the FISH/USDC LP pool will be redistributed to the community and stakers, based off Karma score (snapshot taken as of 15 Jun) - All USDC spend since Chapter 3 launch (May 14th) will be refunded (excludes diving) - All Proof of Distribution rewards will be distributed by Sky Mavis directly to the community, proportional to Karma scores Once again, we are grateful to everyone who supported us and will be available to answer any questions in our Discord. We have also put together a FAQ here in the wiki: Thanks, JW, Derek and the rest of the Uncharted Team

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