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
Solana/Wormhole need to come up with 120,000 ETH to restore the 'pegging'. There's a good chance they're not going to say where the 120,000 ETH is coming from. 1. Undisclosed loan from crypto exchanges with customers Ethereum. 2. Crash the price of ETH to reduce costs.
Why do you think that they won’t just fill the gap with some of their 2021 profits? Need to guesstimate but this probably represents about 1-3 months profit for Jump Crypto or FTX.
Naïve question. Isn't Jump/FTX's loss only to the extent to which the wETH they hold? (i.e.. Why would they be on the hook for the whole 120k eth hack?) eg. Isn't the losses distributed along all the holders of wETH, ppl who made loans using it as collateral etc?
Yes, but Jump/FTX have reputational risk, and can afford the loss better than others, so it’s not crazy to think that they will be the ones who cover the loss.
There’s no actual profits that’s why they have to raise money every month or so, especially after market crashes.
You think Jump Crypto doesn’t have any profits?
If ftx was as profitable as they claim they’d be insane to raise funds and sell equity.
Owners skimming for themselves & their “charities” while company itself bleeding red. 
i'm kind of surprised they have that much capital just lying around It only took $440mn to put knight under, i guess i under estimated the size of Jump. have i mentioned recently that all of this internet money is really stupid?
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
