- Tweets 141
- Following 2,208
- Followers 152
- Likes 2,098
dae retweeted
One of the biggest takeaways from FTX is that “due diligence” just gets delegated to whoever has the best reputation.
If paradigm invested hundreds of millions after doing their DD, why would you waste time doing your own?
You wouldn’t. Nobody did. Welcome to venture capital.
15
20
327
dae retweeted
@chainalysis it looks as if your firm is caught right in the middle of a large scale fraud.
Ironically, this type of event was supposed to be detectable through your services.
So tell us, is you service either completely worthless, or entirely corrupt?
FTX has partnered with Chainalysis to revamp our AML/KYC system: help.ftx.com/hc/en-us/articl…
44
160
1,251
dae retweeted
Twitter has broken just about every piece of this FTX story using blockchain analytics, while NYT is writing puff pieces on a criminal.
Feels like a turning point for citizen journalism and loss of trust in MSM.
2,421
15,661
80,194
dae retweeted
Saving never needed yield -- until central banks introduced fiat money printing. It was this inflation that created the very foundation of modern finance by forcing savers to look for yield.
16
82
437
dae retweeted
1. apply haircut to customer funds
2. issue IOU tokens for the rest
3. let traders continue trading and make money from trading fees
4. eventually pay off the IOU tokens from rev and provide some upside
36
10
305
dae retweeted
This appears to be the first recorded case of NFT utility in existence 👍
217
663
10,578
dae retweeted
The rumours for this blowup seem so egregious and unnecessary to me. I can’t imagine running an exchange that does mid 8 fig PER DAY in revenue and thinking “how can we leverage this for more?”. I can’t imagine risking a 40+bn business to try & get a multiple on client deposits.
104
267
3,797
dae retweeted
A common mistake I see a lot of new guys make when getting into PA or liquidity based concepts is that they focus so heavily on why the markets move rather than actually practicing the execution.
"WHY" isnt relevant at all. What is really relevant is your execution model.
EIEO>
2
3
39
dae retweeted
Been in some of these Twitter spaces. You people are more afraid of missing “ThE BoTtoM” than losing your portfolio and that’s why you’re ngmi
7
9
158
Probably the best take on on-chain analytics out there
i've been with #bitcoin for a long time and one thing that's helped me a lot is discernment when it comes to on-chain metrics.
time for a quick thread. what's useful, and what's not?
take 2 minutes to read and most of the confusion and controversy will clear up.
let's go🧵
1
dae retweeted
Do Kwon: "95% are going to die [coins], but there's also entertainment in watching companies die too"
8 days ago. Ironic.
1,219
3,392
15,086
Interesting experiment, anything but being at the mercy of the IMF seems to a viable alternative to developing nations.
"The essence of a #BitcoinBond is that half of it is backed by a #Bitcoin war chest. I see Bitcoin as the way out for many developing nations. It's a way for them to reclaim sovereignty." - @Excellion cheddar.com/media/el-salvado…
dae retweeted
This is literally something that bitcoin fixes.
⚡️ Frackers in America’s largest oil field are letting massive amounts of methane spill into the atmosphere.
These scientists and activists are trying to find the leaks and get them plugged before they cook the planet further. nitter.net/i/events/1428705335297…
48
257
1,902
dae retweeted
Did we mention that we have both @BinanceChain and @ethereum bridges on testnet, and that #Bitcoin Sovryns will be able to swap $SOV frictionlessly across @Uniswap and @PancakeSwap as well?
Ethereum have @Uniswap
Binance Chain have @PancakeSwap
And Now Bitcoin have @SovrynBTC
"Pancakeswap is Uniswap of Binance Chain".
Sovryn is Pancakeswap/Uniswap of Bitcoin Blockchain.
#DeFi
Few Understand this now, Many will Follow Soon.
#STAYSOVRYN
8
43
137
👀
Read new research to find out what decentralized finance is and how it may lead to a paradigm shift in the financial industry #DeFi ow.ly/Lwbj50DsSBJ
