I don't care how messy your accounting is (or how rich you are) - you're definitely going to notice if you find an extra $8B to spend.
Even the most gullible person should not believe Sam's claim that this was an accounting error.
I’m sick of hearing crypto confused with a heavily-marketed centralised, mismanaged exchange. FTX’s failure is far from a harbinger of crypto. Quite the opposite: it’s a concrete demonstration of the need for more, better decentralised, trust-free technology.
It's time we talk about @y2kfinance - an upcoming protocol launching on Arbitrum that lets you either hedge or speculate on stable assets and their peg🌋.
Here's why this might be the next big project on Arbitrum. An overview of y2k finance🧵 1/16
Liquidity, leverage & lies. Fantastic piece on #FTX by @DylanLeClair_ & @samjrule.
Probably the most exhaustive review I’ve seen yet—this is one you don’t want to miss. 🎯
Liquidity, leverage & lies. Fantastic piece on #FTX by @DylanLeClair_ & @samjrule.
Probably the most exhaustive review I’ve seen yet—this is one you don’t want to miss. 🎯
1/ DeFi has become increasingly complex as there are now over 2,000+ protocols and endless designs.
I summarized:
- the definitions of major principal & yield categories and respective differences
- Examples for each category
mikey-0x.medium.com/crypto-yield-s…
+ some more thoughts 👇
The ‘Real Yield’ narrative has grown exceptionally large, and it’s all because of the amazing Layer 2 @arbitrum and its backbone protocol @GMX_IO ‼️
Let's look into some platforms and delta-neutral strategies that have developed recently ⬇️
THE FTX FIRST DAY DECLARATION
New CEO John Ray is scathing about Sam Bankman-Fried's management.
"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information."
pacer-documents.s3.amazonaws.com/33/188450/0420…
The Definitive Thread on FTX
I met SBF before FTX started, and witnessed their rise and fall. I can't stand @nytimes's puff piece.
If anyone wants to know what happened, send them this.
🎉Celebrate AZERO-USDT listing on #KuCoin and Share $2,000 in AZERO!
✅ Follow @kucoincom and @Aleph__Zero
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👉 gleam.io/T9OK3/to-celeb…
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If you look on-chain, Alameda paid back it’s DeFi loans way before it covered anything in CeFi (because they couldn’t say, “trust me bro, don’t liquidate me” to a smart contract) — if you can’t see how this is the future of avoiding calamities, I don’t know what to say
506 Followers 461 FollowingThe leading #Bitcoin ATM provider in SA. Our goal is to make buying & selling #crypto a swift & safe transaction for all #SouthAfricans. https://t.co/4Qg6wthifd
209 Followers 2K FollowingWith Nartify we bring the digital NFT Art to the real world. With high quality print products you can print out loved NFT´s and show the world what you have!
981 Followers 2K FollowingOnly Crypto can be my life. NFT Collector. 💯 DeFi till death.
DM for Promo
Master of Defi Kingdom $FTM $ETH $BTC $LQDR #DEFI $YOSHI $SUMMIT $SCARAB
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I can promise that I will always be real.
30 Followers 281 FollowingHelping You to Stay In the Forefront of Blockchain Since 2012 Founder: Master Ventures, PAID Network, House of DAO Fire New Telegram - @KyleChasse
11K Followers 6K FollowingYour success is my mission. Make consistent profits in financial markets using the world's most powerful buy/sell level detection system - the CTKS Method.
464K Followers 558 FollowingTriple C / Olympic Gold Medalist / Flyweight Champion/ Bantamweight Champion of the World. Author of American Victory/Wrestling for Dummies. #bendtheknee
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9K Followers 45 FollowingNettensor is a Aggregated Modular Blockchain with Fast Layer 1, Scalable Layer 2. AI DeFi with Bittensor SideChain. Optimizing RWA yields & DePIN solutions.
1.3M Followers 244 FollowingLayer 1 blockchain bringing parallel execution to the EVM || 10,000 TPS || account run by Monad Foundation
- Monad Testnet is live: https://t.co/VrQeSipuUd
130K Followers 78 FollowingA blockchain purpose-built for open metaverse activations, utilizing protocols to enable seamless user experience and enhance content interoperability. $ROOT
773K Followers 198 FollowingPowering the Future of AI. Building Decentralised Cloud Compute Infrastructure.
https://t.co/JvxSy9WsTK
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100K Followers 370 FollowingNot Investment Advice | Eliminating barriers to invest-in, trade, & leverage digital RE, PE & other real-world assets through DeFi
158K Followers 2K FollowingCrypto Investor since 2017. Post wins every day. Find 10X even on a bear market
Hit "Follow" to get alpha / DM is open for alpha
497K Followers 243 FollowingBringing consumer apps to crypto through tapps. Tokens as Apps. ERC20 and ERC721 tokens with app-like utility. #RWA #Gaming #DeFI #EVM