Charliedano

[Zach Rynes | CLG @ChainLinkGod]

Yeah man crypto is the future, let me bring you up to speed

First, TerraUSD collapsed, a massive Ponzi scheme where investors were promised 20% APR on their USD ($20B in UST and $40B in LUNA wiped out)

This caused the largest crypto hedge fund to go insolvent due to excessive leverage, 3AC ($3B AUM wiped out)

3AC borrowed funds from all the largest crypto lenders, each of who went insolvent after bank runs inevitably occurred, causing a market wide credit crunch

Celsius ($12B AUM, $1.2B deficit), Voyager ($1.6B AUM, ~$670M default), BlockFi ($3.9B AUM, $400M revolving credit)

Voyager and BlockFi were bailed out by FTX/Alameda, but ah turns out they were complete fraud too

With $10B of customer funds siphoned from FTX to cover Alameda’s losses, a bank run took place, creating a second contagion wave, leaving Voyager/BlockFi rekt again

Genesis Lending, under the DCG conglomerate, also went bankrupt due to Alameda/FTX exposure ($3B shortfall)

Gemini was lending $900M in customer funds to Genesis, so they and their customers inevitably got wrapped in the mess too

No doubt TradFi is involved in this too, with the collapse of two banks that were key banking partners for crypto

Silvergate (FTX’s banking partner and ran an payment network for crypto exchanges) experienced a bank run and collapsed after losing $1B on bonds

While SVB (Circle’s banking partner for USDC and most tech startups) experienced a bank run and collapsed after losing $1.8B on bonds

Not looking too good for Signature Bank either, which runs the ‘other’ bank payment network for crypto exchanges

Can’t forget the SEC trying to strongarm the industry from shutting down Kraken’s staking product to calling Paxos’ stablecoins a security and shutting down BUSD, and much more

Various banking regulators also strongarming banks into refusing to onboard crypto companies as clients, forcing them overseas and to use sketchy counterparts

Anyways

Have you heard of liquid staking derivatives and re-staking? Pretty cool financial engineering right there, crypto innovation never stops 💪

[PlanB @100trillionUSD]

Don't let the Luna shitcoin meltdown and FTX exchange fraud distract you from #bitcoin fundamentals: scarcity/21m/S2F .. 2024 halving is coming🚀https://t.co/7V8OAZbUOY

[Charliedano @Charliedano27]

The Take Over 2023!

[Altcoin Daily @AltcoinDaily]

Every asset is down. The question is: What asset class will rally the hardest when the market turns. #crypto 🚀

[//Bitcoin 𝕵ack 🐐 @bitcoinjack]

Oh Barry

[SwanDesk @SwanDesk]

SEC filings reveal MicroStrategy has purchased an additional 301 $BTC for $6 million.

This is their smallest #Bitcoin purchase ever as the company faces billions in losses, and Saylor resigns amid fraud charges.

[Charliedano @Charliedano27]

@WAX_io wax wallet : oi2rq.wam

[Charliedano @Charliedano27]

Mr. Whale, who accurately predicted every major #Bitcoin move in the last 18 months, has been censored & suspended by Twitter. Join @WhaleWire newsletter, which is the go-to place for everything Crypto-Whale. https://t.co/L5LRwBmTsb

[Charliedano @Charliedano27]

@WAX_io @Hot_Wheels over two hours waiting after multiple issues n payment is still processing 😡now im red

[Charliedano @Charliedano27]

🗽 This year's @NFT_NYC will be bigger than ever! @WAX_io teamed up with https://t.co/VUg5u7VrPS to give away a free & exclusive #NFT to EVERYONE & more.

Don't miss out & get yours here - https://t.co/lqsaX8oHzD

[Lark Davis @LarkDavis]

Do you think it is true that Blackrock and Citadel attacked $ust and crashed #crypto? Current rumor

[James K. Filan 🇺🇸🇮🇪 @FilanLaw]

#XRPCommunity #SECGov v. #Ripple #XRP Judge Torres modifies proposed calendar. Motions to exclude expert testimony must be fully briefed by August 30, 2022. Motions for summary judgment must be fully briefed by November 15, 2022.

[Charliedano @Charliedano27]

@Topps “El Patron” Wander Franco

[VeVe | Digital Collectibles @veve_official]

One year ago today...

There were ~166 users that purchased at least one Gem on VeVe.

Today? Nearly 2M active monthly users.

#VeVeFam don’t play. 😳🤯🚀

[VeVe | Digital Collectibles @veve_official]

🚨 UPDATE 🚨

$OMI Token Migration is COMPLETE. Market is OPEN and OMI wallet transfers are enabled.

A new era begins NOW 🙌💎⭕️🚀

[Thread]

[Alfred Kahn @AlfredKahn7]

It’s May 2018 at the Las Vegas licensing show at my booth. @DavidYuNZ presented me with a new idea, a digital collectible universe on the blockchain. It needed iconic licenses and a brand name, my specialties. Thus @veve_official was born. RT if you are happy this happened!

[Charliedano @Charliedano27]

@CryptoWhale BTC Under 10k ?? SMH

[PlanB @100trillionUSD]

Imagine thinking a model that has stayed within 1 standard deviation band for 3yrs has failed. IMO we are in the exact same spot as March 2019 when I published S2F model: at the low end of the 1sd band. DYOR. Look at the chart. Your choice.