DeSpace Newsletter Digest
Justin Sun Becomes Huobi Advisor, Cameron Winklevoss, Binance Coinmarketcap Index, and More
DeSpace Weekly Newsletter #13 – October 17, 2022
Dear Despace community,
We have another amazing newsletter for you to read. Just like before, this week’s newsletter covers all the most important news from the crypto space from last week as well as recent important updates from DeSpace Protocol.
What Happened in the Crypto Market Last Week:
Justin Sun Joins Huobi Global as Advisor
Justin Sun, the co-founder of Tron, has confirmed the rumor that he has been appointed as a member of the Global Advisory Board of Huobi Global. At the same time, Justin Sun denied the rumor that he was trying to buy Huobi. Previously, there were some rumors circulating in Chinese social media that Justin Sun was looking to buy Huobi after its founder, Leon Li, tried to sell his majority stake for slightly over $1 billion USD.
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Cameron Winklevoss Is No Longer a Director at Gemini Europe
The Winklevoss twins were widely known for being the co-founders of Gemini. However, a surprising announcement came earlier when one of them, Cameron Winklevoss, has announced that he is no longer a director at Gemini Europe. Gemini Europe itself is completely owned by the U.S. Gemini cryptocurrency exchange. There’s no specific reason as to why Cameron Winklevoss decided to leave Gemini Europe.
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Binance Launches CoinMarketCap Index

Binance has officially launched CoinMarketCap Index, which tracks top 10 cryptocurrencies by market cap from the list on CoinMarketCap, which (for your information) is also owned by Binance. This Index is called Top 10 Equal-Weighted Index, and will be made available starting November of this year. Users who are interested in this index can start investing in Binance’s service called Auto-Invest.
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What happened at DeSpace Last Week:
Refer Your Friend To DeSwap and Earn 100% of Referral Swap Fees
Refer a friend to DeSwap and earn 100% of their swap fees as rewards. It's easy to get a referral code, and as we're decentralized you don't even need a user account! Check out our guide for the details
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Web2 vs Web3 - Explained
In one of our most recent posts on Despace University, we take a look at the biggest differences between web2 and web3 protocols - Check it out
Read More
This is our 13th newsletter, where we bring the latest and most interesting updates from both the crypto world as well as DeSpace directly to your inbox. Make sure you’re following our social channels so that you don’t miss any news the moment it goes live.
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