Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Genesis cuts 20% of workforce and CEO steps down</h2>CEO of crypto broker Genesis, Michael Moro, is stepping down as the company slashes 20% of its 260-person workforce.Genesis suffered major losses tied to the collapse of Three Arrows Capital (3AC).It filed a $1.2 billion claim against 3AC in July. Parent company DCG assumed that claim and associated liabilities from Genesis last month.Source: <a href="https://www.coindesk.com/business/2022/08/17/crypto-broker-genesis-cutting-20-of-workforce-as-ceo-michael-moro-exits/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. Solend tries out permissionless pools</h2>Solana-based crypto lender Solend will let anyone with 100 SLND (around a $70 fee) and some assets to spare create their own “permissionless pools”.Permissionless pools consist of user-loaned crypto assets, commonly acting as liquidity sources for decentralized exchanges.Such pools have no safeguards by design. “Make sure you trust the pool creator,” Solend’s main Twitter account warned.Source: <a href="https://www.coindesk.com/business/2022/08/17/solanas-biggest-defi-lender-is-leaning-into-permissionless-loan-markets/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. EOS rallies 24% after rebrand tease</h2>The EOS blockchain is rebranding to EOSIO.After a tweet by the EOS Foundation, the EOS token rallied more than 24%.The Foundation also announced that the community-led protocol Antelope will fork and rebrand the EOSIO codebase, slated for September 21.Source: <a href="https://cryptobriefing.com/eos-rallies-24-ahead-of-antelope-rebrand/" rel="noopener noreferrer nofollow">Crypto Briefing</a><h2 id="header-3">#4. Study claims Coinbase has serious insider trading problem</h2>Three finance researchers at the University of Technology in Sydney, Australia, alleged that 10-25% of Coinbase listings since 2018 involved insider trading.They claim this resulted in at least $1.5 million in ill-gotten profits.The researchers examined 146 Coinbase listings and tracked their prices 300 to 100 hours before each new listing went live to look for abnormal trading patterns on DEXes.Source: <a href="https://decrypt.co/107671/coinbase-insider-trading-problem-study" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-4">#5. Aussie petrol station brand launches crypto payments support</h2>Convenience store and petrol station brand On The Run (OTR) has launched crypto payment support across all 175 stores in Australia.It had partnered crypto exchange Crypto.com and payment systems provider DataMesh to do so.The exchange provided its Pay Merchant service as a payment settlement layer, while Datamesh provided the point of sale terminals.Source: <a href="https://cointelegraph.com/news/aussies-buy-fuel-and-chips-with-crypto-across-175-fuel-outlets" rel="noopener noreferrer nofollow">Cointelegraph</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a>

Crypto News of the Day: New study claims insider trading at Coinbase since 2018, Solend opens permissionless pools

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