𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰

𝘿𝙚𝙁𝙞 𝘥𝘦𝘷𝘰𝘵𝘦. 𝘓𝘦𝘢𝘳𝘯 𝘿𝙚𝙁𝙞 𝘯 𝘨𝘪𝘷𝘦 𝘺𝘰𝘶𝘳𝘴𝘦𝘭𝘧 𝘴𝘰𝘮𝘦 𝘧𝘳𝘦𝘦𝘥𝘰𝘮. 𝘐𝘯 𝘊𝘳𝘺𝘱𝘵𝘰 𝘴𝘪𝘯𝘤𝘦 𝟮𝟬𝟭𝟴. (🧙,🧙)

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

★ 𝗗𝗲𝗣𝗜𝗡 es una de las Inversiones mas Importantes de la Decada. Implementaciones Blockchain Reales.

シ 𝟱 𝗣𝗿𝗼𝘆𝗲𝗰𝘁𝗼𝘀 en los cuales puedes participar 𝗚𝗿𝗮𝘁𝗶𝘀 !

✔︎ Intalar Extension.
✔︎ Dejar Correr.
✔︎ 1/2 Clicks Dia
✔︎ Cobra Ptos.

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@SedanoMarcia @FisicoImpuro 𝙄𝙡𝙪𝙨𝙩𝙧𝙚𝙨𝙚 𝙈𝙖𝙙𝙧𝙚.

𝙐𝙣𝙖 𝘾𝙤𝙣𝙨𝙩𝙞𝙩𝙪𝙮𝙚𝙣𝙩𝙚 “𝙇𝙖 𝙎𝙤𝙡𝙞𝙘𝙞𝙩𝙖 𝙚𝙡 𝙋𝙪𝙚𝙗𝙡𝙤 𝙮 𝙚𝙨 𝙥𝙖𝙧𝙖 𝙚𝙡 𝙋𝙪𝙚𝙗𝙡𝙤“

𝘗𝘦𝘳𝘰 𝘦𝘴𝘵𝘢 𝘣𝘶𝘳𝘳𝘢 𝘲𝘶𝘦 𝘴𝘦 𝘷𝘢 𝘢 𝘩𝘢𝘣𝘦𝘳 𝘭𝘦𝘪𝘥𝘰 𝘭𝘢 𝘊𝘰𝘯𝘴𝘵𝘪𝘵𝘶𝘤𝘪𝘰𝘯 𝘴𝘪𝘲𝘶𝘪𝘦𝘳𝘢

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@jotaquillacinga @FisicoImpuro 𝘛𝘰𝘵𝘢𝘭！ 𝙔𝙖 𝙩𝙞𝙚𝙣𝙚 𝙢𝙞 𝙑𝙤𝙩𝙤

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

Accept my invite & Win 3 freebies!
https://t.co/Hpl3bpFxBZ

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@tanik_tr I want it! Nooww

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@LinaLen66067444 𝙑𝙞𝙚𝙟𝙤 𝙂𝙊𝙉𝙊𝙊𝙊𝙊𝙊𝙊𝙍𝙍𝙀𝙀𝘼𝘼𝘼

[Spanish Revolution @Spanish_Revo]

La frase lo resume todo: “Esto no debería pasar aquí”. No aquí. No donde viven blancos ricos.

La violencia que sostiene el sistema global siempre les pareció lejana, exótica, asumible.

Emigraron por dinero. Por pagar menos. Por maximizar beneficio. Y ahora descubren que los impuestos también compran algo más que carreteras.

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@charito9630 Sip

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@itsjulianpaul @sentdm @danvataj @earlytools Massive-Need it-Impressive

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@juanialferez Que el Tal Bernardo Moreno nunca haya mencionado que es Colombiano hablandole casi a diario de Colombia a Trump muestra que se averguenza de ser Colombiano y que solo esta tras propios intereses.

Que descarado!

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@Mamertos0 𝗘𝗻 𝘀𝘂 𝗰𝗼𝗵𝗶𝗻𝗮 𝗽𝘂𝘁𝗮 𝗰𝗮𝗿𝗮 𝗹𝗲𝘀 𝗱𝗶𝗷𝗼 𝗹𝗮 𝗩𝗲𝗿𝗱𝗮𝗱

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@trianavjuli @petrogustavo Total. Y esto fue lo que paso 😂😅🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@GustavoBolivar 𝘚𝘶𝘤𝘪𝘰 𝘯𝘰．
𝘽𝙖𝙟𝙤. 𝙍𝙖𝙨𝙩𝙧𝙚𝙧𝙤.

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@Mamertos0

[Star_OKX @star_okx]

No complexity. No accident.
10/10 was caused by irresponsible marketing campaigns by certain companies.

On October 10, tens of billions of dollars were liquidated. As CEO of OKX, we observed clearly that the crypto market’s microstructure fundamentally changed after that day.

Many industry participants believe the damage was more severe than the FTX collapse. Since then, there has been extensive discussion about why it happened and how to prevent a recurrence. The root causes are not difficult to identify.

⸻

What actually happened
1.Binance launched a temporary user-acquisition campaign offering 12% APY on USDe, while allowing USDe to be used as collateral with the same treatment as USDT and USDC, and without effective limits.
2.USDe is a tokenized hedge fund product.
Ethena raises capital via a so-called “stablecoin,” deploys it into index arbitrage and algorithmic trading strategies, and tokenizes the resulting fund. The token can then be deposited on exchanges to earn yield.
3.USDe is fundamentally different from products such as
BlackRock BUIDL and Franklin Templeton BENJI, which are tokenized money market funds with low-risk profiles.
USDe, by contrast, embeds hedge-fund-level risk. This difference is structural, not cosmetic.
4.Binance users were encouraged to convert USDT and USDC into USDe to earn attractive yields, without sufficient emphasis on the underlying risks. From a user’s perspective, trading with USDe appeared no different from trading with traditional stablecoins—while the actual risk profile was materially higher.
5.Risk escalated further as users:
•converted USDT/USDC into USDe,
•used USDe as collateral to borrow USDT,
•converted the borrowed USDT back into USDe,
•and repeated the cycle.
This leverage loop produced artificial APYs of 24%, 36%, and even 70%+, widely perceived as “low risk” simply because they were offered by a major platform. Systemic risk accumulated rapidly across the global crypto market.
https://t.co/IK2gW4xUOP that point, even a small market shock was sufficient to trigger a collapse.
When volatility hit, USDe depegged quickly. Cascading liquidations followed, and weaknesses in risk management around assets such as WETH and BNSOL further amplified the crash. Some tokens briefly traded near zero.
The damage to global users and companies—including OKX customers—was severe, and recovery will take time.

⸻

Why this matters

I am discussing the root cause, not assigning blame or launching an attack on Binance. Speaking openly about systemic risks is sometimes uncomfortable, but it is necessary if the industry is to mature responsibly.

I expect there may be significant misinformation and coordinated FUD directed at OKX in the near future. Even so, speaking honestly about systemic risk is the right thing to do—and we will continue to do so.

As the largest global platform, Binance has outsized influence—and corresponding responsibility—as an industry leader. Long-term trust in crypto cannot be built on short-term yield games, excessive leverage, or marketing practices that obscure risk.

The industry needs leaders who prioritize market stability, transparency, and responsible innovation—not a winner-take-all mentality where criticism is treated as hostility.

Crypto is still early.
What we choose to normalize today will determine whether this industry earns lasting trust—or repeats the same mistakes again.

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@alazamo123 𝘔𝘶𝘤𝘩𝘢 𝘳𝘦𝘮𝘢𝘭𝘱𝘢𝘳𝘪𝘥𝘢 𝘭𝘢 𝘗𝘳𝘪𝘷𝘪𝘭𝘦𝘨𝘪𝘢𝘥𝘢 𝘥𝘦𝘵𝘳𝘢𝘴 𝘥𝘦 𝘶𝘯 𝘮𝘪𝘤𝘳𝘰𝘧𝘰𝘯𝘰！！

𝘓𝘭𝘢𝘮𝘰 𝘢 𝘱𝘦𝘥𝘪𝘳𝘭𝘦 𝘶𝘯𝘢 𝘦𝘯𝘵𝘳𝘦𝘷𝘪𝘴𝘵𝘢 𝘱𝘢𝘳𝘢 𝘨𝘳𝘪𝘵𝘢𝘳𝘭𝘦 𝘦𝘯 𝘱𝘶𝘣𝘭𝘪𝘤𝘰 𝘺 𝘴𝘦 𝘫𝘢𝘤𝘵𝘢 𝘥𝘦 𝘭𝘭𝘢𝘮𝘢𝘳𝘴𝘦 “𝘗𝘳𝘰𝘧𝘦𝘴𝘪𝘰𝘯𝘢𝘭“

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@nometiente2 𝘌𝘴𝘱𝘦𝘤𝘵𝘢𝘤𝘶𝘭𝘢𝘳．

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@GustavoBolivar Excelente Video. Nada mejor que el propio testimonio de agradecimiento.

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@ElJusticiebx Ni a motosierra lo podran borrar 😁😬

[𝘒𝘪𝘬𝘖𝘯𝘤𝘩𝘢𝘪𝘯✰ @BTCversionistas]

@GustavoBolivar Muy muy muy bien!

[Rothmus 🏴 @Rothmus]

Fractional reserve banking is a scam.