You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
LUNA would probably be >$100 today if Do Kwon had just shut his mouth on Twitter. >brags about exact reserve amount on Twitter, revealing UST's collateralization ratio >attackers know to the dollar the exact amount it would take to break the peg (1/3)
The Bitcoin reserve was not a horrible idea and might have worked if he didn't tell everyone exactly how much it was. This is why Tether doesn't publish reserve information. Attackers don't know whether they would need to burn $1b or $3b to depeg it so they don't try. (2/3)
Sometimes silence is not just acceptable but necessary. Was the ego boost from Twitter taunts worth losing people's savings? (3/3)pic.twitter.com/uyccn8oAPO
Well, not only day, the flaw of giving $1 of kune for each $1 UST was huge
Well I think tether doesn’t publish reserve information for other reasons, mainly because it’s in some Chinese commercial papers, but generally true…revealing exact reserves was not a smart move from Do
The one who made the first mistake is the responsable of butterfly effect
This is what I read.. that he told everyone exactly how much he had to defend the peg at exactly how much
tether is supposed to be 1:1 backed if that was true they would happily publish. Attack *this*.
According to Elliptic ledger tracking all LFG BTC were deposited to Binance (28.2K BTC) and Gemini (52.2K BTC)https://www.elliptic.co/blog/what-happened-to-the-3.5-billion-terra-reserve-elliptic-follows-the-bitcoins …
Hard to fight your own ego....
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
