Bitcoins/Litecoins/Virtual Currencies

Ranak

Ranak

Molten Core Raider
214
382
Your keys, your crypto. Good summary article here:

www.linkedin.com

Michael Nadeau on LinkedIn: #thedefireport | 34 comments

A few more thoughts on the FTX situation now that the dust has settled a bit: 1. It's helpful to remember that at the base layer, public blockchains are just… | 34 comments on LinkedIn
www.linkedin.com www.linkedin.com

Still very bullish on DeFi in general and am actively invested in several protocols. I'm still especially bullish on MATIC.
 
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Mist

Mist

Eeyore Enthusiast
<Gold Donor>
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1668121745710.png
 
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Flobee

Flobee

Vyemm Raider
2,608
2,997
Sanrith Descartes said:
Oops.
Click to expand...
Yea, I don't think the fallout is done yet. A lot of these companies are gunna get caught without pants as the tide goes out. Its honestly really good for the industry because it washes out a lot of bad actors and will significantly reduce rehypothecation (I hope). Sucks for those that get run on, and sucks if you're holding the crap coins that won't survive this.

EDIT: Speaking of... Blockfi was purchased by FTX after the Celsius run. I had USD sitting there getting interest at one point but pulled everything out after LUNA/Celsius/3AC. Glad I did. I do have their BTC rewards card though... wonder what will happen with that

 
Mist

Mist

Eeyore Enthusiast
<Gold Donor>
30,413
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I'm just afraid there won't be enough players left for there to be a healthy ecosystem for anything.
 
reavor

reavor

I'm With HER ♀
<Bronze Donator>
4,783
16,560
A lot of altcoins are still hanging on, most doing better still than during the summer. Its pretty surprising really how many are still around even after everything thats happened.
 
Tmac

Tmac

Adventurer
<Gold Donor>
9,370
15,913
I can’t find the tweet now, but someone posted something about FRX founder’s mom Barbara Fried and her grassroots Dem org that needed funding and getting it from her son?

And then also an Econ MIT professor whose kid got rich off FTX collusion?

Search on the forum yields zero results. Can someone point me to it?
 
reavor

reavor

I'm With HER ♀
<Bronze Donator>
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It's been a while since we had a good old hitler bunker meme.

 
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Jysin

Jysin

Ahn'Qiraj Raider
6,275
4,027
09:15 [FTX.IPO] Commences Chapter 11 bankruptcy proceedings in the United States; CEO Sam Bankman-Fried resigns - press - Source TradeTheNews.com
- Names John J Ray III as new CEO
- Some FTX subsidiaries not included in Chapter 11 proceedings: LedgerX LLC, FTX Digital Markets Ltd., FTX Australia Pty Ltd., and FTX Express Pay
 
Sanrith Descartes

Sanrith Descartes

Veteran of a thousand threadban wars
<Aristocrat╭ರ_•́>
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When you realize that the idea that "wall street" types have zero special investing powers compared to the rest of us is total shit.

 
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Falstaff

Falstaff

Ahn'Qiraj Raider
8,311
3,166
Kevin O’Leary is right up there with that Gary Vee guy they should both just shut the fuck up.
 
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C

Creslin

Trakanon Raider
2,375
1,077
Brady listed as Angel, wonder how much he actually put in. Not as painful if it was a few M that blew up over 30x and then went to 0 I guess.
 
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