I don’t know who wants to hear this, but looking at prices, graphs, rainbows, previous halvings etc is all, very obviously, astrology for men
Ultimately it all comes down to macro and belief
only explanation for the insane IRS figure I could come up with is SBF saying at some point that Alameda had (paper) assets of over 100 bln (I'm guessing end of 2021), so collecting whatever corporate/partnership tax on that can land you 30+ bln in unpaid taxes🙃
#Binance will move the following assets into the Innovation Zone on May 10, 2023:
AMB, ARK, BTS, DREP, FTT, GFT, JASMY, LOOM, MLN, OAX, OMG, PERL, PNT, SNM, SRM, VGX, WRX, and YFII
https://binance.com/en/support/announcement/2f420fa36bcd4fe89dc6855b857b7ea9?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial…
My DMs are an absolute disaster zone, so here
You can stop preparing to ape now
Full paper when I'm happy with the state of it
I will not be taking questions
Regrettably, some of our team members were not fully aware of the intended purpose for these funds and inadvertently used a portion of them to participate in exchange campaigns. Upon realizing this error, we immediately contacted the exchange team and arranged for a full refund…Show more
Looking forward to character creation for a new @EsperGenesis campaign with @wintermute_t this evening. Setting reminds me so heavily of Mass Effect and I can't wait to get started! #TTRPGs
1/ 📢 Exciting news!
Wintermute has been selected as the primary liquidity provider for the first crypto ETP based on an MSCI index. 🤝
The newly created ETP was launched by
Sex is good but have you tried having your country shutting down its last nuclear power plants in 30 mn?
Readers added context they thought people might want to know
Only 6% of the electricity produced by the nuclear plants going offline will be from renewable energy. The rest will be coal & gas.
cnn.com/2023/04/15/eur….
Coal power produces ~100 times more radioactive waste than nuclear power. Therefore, Europe is about to become more - not less - radioactive.
sciencefocus.com/science/do-coa…
and I urged Congress to move forward on stablecoin legislation, and outlined five principles that a good stablecoin bill must follow.
I'm excited for the chance to testify about why stablecoin legislation should be top priority.
1/ Today, @KMSmithDC and I sent a letter to Congress from @BlockchainAssn urging prompt action on stablecoin legislation.
There is already bipartisan, bicameral support for new laws on stablecoins. The US is falling behind on crypto. It's time to act.
https://theblockchainassociation.org/blockchain-association-announces-principles-for-stablecoin-legislation-and-urges-congressional-action/…
It’s been a tough six months for crypto, marked by scandal, bankruptcy and a U.S. regulatory clampdown. Yet while most crypto VCs are tightening their belts, a new kid on the block called DWF Labs has stepped from obscurity to start splashing the cash. 🧵
Market making (#MM)- it has three main parts: Market #depth - we add more #liquidity on bid and ask side across exchanges where a token is listed on. Spread - we reduce the spread between the best bid and ask offers by adding more quotes around the middle price in the order book.…Show more
1/ Big news #bebopfam! 🚀
We're thrilled to announce that our public API is here! ✨🤝 Read on to learn more about what our new API offers and how to get in contact with our team for support! ⬇️
Mind-blowing John Stewart interview with Deputy Defense Secretary Kathleen Hicks. Late last year, the Pentagon failed its 5th consecutive audit and could only account for 39% of its $3.5 Trillion assets. How could one not know where $2.1 Trillion went?
1/ Who the heck is DWF Labs?
In the last couple of months, they have been everywhere, throwing ridiculous checks at everyone from legit projects to dead ones.
I dug a bit into on-chain data and other resources, and it doesn't look good.
100% of user funds have been successfully recovered. The post below explains a detailed remediation plan for making Sentiment users whole.
Special thanks to
People describing their very-slightly-outside-the-norm tendencies as “autistic” is not only dumb as hell it’s also offensive to people who have actual autism.
-I have no interest in being involved in editorial stuff (and Larry knows better to not involve me even if I did🫡). I’m interested in commercials, business model, and the business being run with integrity, nothing else.
Some important disclaimers:
-There is no investment involved from Wintermute or its affiliated entities (or me personally)
-There is no cash compensation involved (I, frankly, don’t need it, and Block can use money better elsewhere)
There is a lot of work to be done making Block break-even and then profitable, but I believe we have a good shot at it and Larry is absolutely great in leading the charge
For me personally, it’s also an exciting intellectual challenge. The Block is a very different business to what I am used to and so I’m looking forward to learn and bring fresh (and hopefully critical) perspective to the table.
Maybe even more importantly, once we see the better days again, we would all be better off with a publication that learned a lot of lessons the hard way, carrying them in its DNA