GM. This is The Seek, your crypto chum. We're the peanut butter to your jelly in the digital currency world, always sticking together and making a great team.

Here is what to expect today:

• Binance Lost $12 Billion In The Last 2 Months

• Inside Scoop On The Y00ts Transfer To Polygon

• Wix Adds Crypto Payment Integration

• Important Dates Of The Week

• The Weekly Meme :)

BINANCE LOST $12 BILLION IN THE LAST 2 MONTHS

It's a wild ride for crypto exchanges!

Binance, one of the largest crypto exchanges, has seen its flock of money birds taking off all within 2 months. These birds were carrying a massive 12 billion dollars and they have no plan of coming back 💸

Yes, Binance's assets have depreciated $12 billion, with a b, in less than 60 days.

Is it just me or do you hear Kevin O'Leary saying " ACHY WAWA CARUMBA!"

But don't worry, it's not all bad news. Some experts are saying that it's just a temporary dump and the market will bounce back like a rubber ball.

It's important to remember that in the world of crypto, the value of assets can be as volatile as a rodeo bull. But fear not, the Binance team is a bunch of seasoned cowboys so hopefully, they will be able to tame this bear market in no time 🐮

INSIDE SCOOP ON WHY THE Y00TS & DEGODS MOVED TO THE POLYGON CHAIN

It's a real hoot in the NFT market!

The top 2 NFT projects, Y00ts & DeGods, have just made a killing by selling off their collection to move off Solana.

Think of it like a group of cows leaving the farm for a fancy ranch 🐄

Where are these fancy ranches?

• DeGods ---> Ethereum

• Y00ts ---> Polygon

The projects both raked in a whopping 3 million bucks, or as I like to call it, 'moolah' for the move. It's a real gold mine for the team and they're definitely livin' large now 💰

But hey, good for them, they made bank! And I'm sure it will be a moo-tiful new home for the project's collection.

WIX ADDS COINGATE INTEGRATION TO ITS CRYPTO PAYMENTS SERVICE

Looks like Wix, the website-building giant, just hit the jackpot!

They just added a Coingate integration to their crypto payment service, making it a one-stop shop for all your website and crypto needs!

It's like a convenience store adding a Bitcoin ATM, now you can buy your snacks and crypto all in the same place 😎

This is a real game-changer for businesses and individuals looking to accept crypto payments on their websites.

It's a match in heaven, Wix and crypto, like peanut butter and jelly, or Batman and Robin. Wix just added the cherry on top to their already impressive website-building sundae!

IMPORTANT DATES FOR THE WEEK

• 1/12/2023 - Core CPI m/m

• 1/18/2023 - Core PPI m/m

• 1/18/2023 - The Seek Newsletter

THE WEEKLY MEME 🤪

That wraps it up, stay tuned for next Wednesday. If you haven't seen last weeks news then you need to check this out 👇

DISCLAIMER: The Seek does not provide any financial advice. This newsletter is strictly for educational purposes and should not be used to make any financial actions. Please be careful and do your own research.