The Daily Leo #153 - Activision purchase blocked, Bitcoin holders lost billions, Ethereum witdrawals and new game on Hive
hive-167922·@tokenizedsociety·
0.000 HBDThe Daily Leo #153 - Activision purchase blocked, Bitcoin holders lost billions, Ethereum witdrawals and new game on Hive
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Welcome to another edition of The Daily LEO! We pull the best articles about Finance, Crypto and anything money-related and we deliver them to you in a condensed information packed space.
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**[Federal Trade Comission blocks Activision Purchase](https://www.forbes.com/sites/brianbushard/2022/12/08/federal-trade-commission-sues-microsoft-to-block-69-billion-activision-purchase/?sh=f0f355547fd0)**
The Federal Trade Commission filed a lawsuit against Microsoft on Thursday to block its $69 billion acquisition of video game giant Activision Blizzard, arguing the company could stifle competition as Microsoft looks to compete with gaming giants Nintendo and Sony. The commission alleges that the acquisition could give Microsoft the "means and motive to [harm competition by taking actions such as...](https://www.forbes.com/sites/brianbushard/2022/12/08/federal-trade-commission-sues-microsoft-to-block-69-billion-activision-purchase/?sh=f0f355547fd0)
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**[BlockFi employees warned of credit risks but were dismissed by executive](https://www.forbes.com/sites/emilymason/2022/12/08/blockfi-employees-warned-of-credit-risks-but-say-executives-dismissed-them/?sh=403f7deb64c1)**
The vulnerabilities in BlockFi began much earlier than the recent events involving FTX and resulted from poor risk management. Investigations show that [an internal team had raised concerns such as the fact that the borrower pool...](https://www.forbes.com/sites/emilymason/2022/12/08/blockfi-employees-warned-of-credit-risks-but-say-executives-dismissed-them/?sh=403f7deb64c1)
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**[Bitcoin holders realized billionaire losses over the past year](https://bitcoinist.com/bitcoin-bloodbath-realized-231-billion-losses-year/)**
"Realized loss" is an indicator that measures the total amount of loss resulting from investors selling assets for a lower price than they bought. According to data analytics firm Glassnode, Bitcoins holders realized billions in losses over the past year. [The total realized loss is at around...](https://bitcoinist.com/bitcoin-bloodbath-realized-231-billion-losses-year/)
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**[Binance's CZ to teach crypto on MasterClass](https://cryptopotato.com/binance-ceo-cz-will-teach-you-about-crypto-and-the-web3-on-masterclass/)**
Binance recently announced a partnership with the online education platform Master Class to launch a course on cryptocurrencies and blockchain. The course will be led by Binance's founder and CEO, CZ. [The master class, called "Crypto and the Blockchain," will...](https://cryptopotato.com/binance-ceo-cz-will-teach-you-about-crypto-and-the-web3-on-masterclass/).
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**[Ethereum devs confident on withdrawals by March](https://blockworks.co/news/ethereum-devs-still-want-staking-withdrawals-by-march-ish)**
Withdrawals have been one of the hottest topics, if not the hottest, among Ethereum investors post-merge, and, despite the naysayers, the core developers are pretty confident that they are on schedule. [On the last All Core Devs (ACD) call...](https://blockworks.co/news/ethereum-devs-still-want-staking-withdrawals-by-march-ish)
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**[How are Stablecoins doing under the current market conditions?](https://leofinance.io/@dalz/how-are-stablecoins-doing-under-the-current-market-conditions-or-a-look-at-the-top-stablecoins-or-dec-2022)**
Stablecoins have grown in importance since the last bull run, but, on the other hand, events such as the TerraUST fiasco have shaken the structures of these assets. So, how are stablecoins doing? [This article will be looking at...](https://leofinance.io/@dalz/how-are-stablecoins-doing-under-the-current-market-conditions-or-a-look-at-the-top-stablecoins-or-dec-2022)
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**[Introducing CraftInk: play2earn2support](https://peakd.com/introduceyourself/@craftink/introduction-craftink-play2earn2support-nft-tcg)**
The team behind The Hivestyle Magazine (HiQ) just announced their upcoming game CraftInk, which they describe as a play2earn & play2support NFT trading card game in the style of TCG battlers like Yu-Gi-Oh and Magic The Gathering. The game will be themed around our everyday lives on the Hive blockchain [and is expected to launch...](https://peakd.com/introduceyourself/@craftink/introduction-craftink-play2earn2support-nft-tcg)
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