Luke Morris

DOT, ETH and UNI 🦄🌈 ♒️

[Luke Morris @Lukemorrist]

@MarketMobsterUK This was actually a funny read

[AlphaInvestoor @BlockChainoor]

John Linden, CEO of Mythical Games explains why they decided to migrate from Ethereum to Polkadot $DOT. Interoperability, governance and security might have something to do with it 😏 Mass adoption is unfolding in front of our eyes..
Full video: https://t.co/hBshYpSl1W

[Luke Morris @Lukemorrist]

@Nigel_Farage Disappointed to see this happened in London, yet not surprised at all

[Luke Morris @Lukemorrist]

@stats_feed Sweden?

[Luke Morris @Lukemorrist]

@stats_feed Sweden?

[Luke Morris @Lukemorrist]

I post about having an only male gym and then a bunch of females follow me all of a sudden, strange

[Luke Morris @Lukemorrist]

If I opened a gym, I’d probably open a male only gym. I think it would be better for male members

[Luke Morris @Lukemorrist]

@fredfalafel @Dentoshi Underrated comment

[Luke Morris @Lukemorrist]

It’s time

[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 💪

[Luke Morris @Lukemorrist]

Can someone explain to me how BTC and ETH went down 8% and 9% respectively but alts hardly moved?

[Luke Morris @Lukemorrist]

If you ever feel like a loser just remember that people pay £20 for a bottle of Prime.

[Luke Morris @Lukemorrist]

@Pentosh1 If you have time tomorrow to go for food in Mayfair would love to join!!!

[Luke Morris @Lukemorrist]

@GRDecter The sound of his girlfriend being pounded by the blockchain devs at FTX

[GURGAVIN @gurgavin]

INFLATION AROUND THE WORLD

🇻🇪 VENEZUELA 150%
🇦🇷 ARGENTINA 98.8%
🇹🇷 TURKEY 57.7%
🇷🇺 RUSSIA 11.8%
🇬🇧 UNITED KINDOM 10.5%
🇩🇪 GERMANY 8.7%
🇮🇳 INDIA 6.5%
🇺🇸 UNITES STATES 6.4%
🇨🇦 CANADA 6.3%
🇫🇷 FRANCE 6%
🇧🇷 BRAZIL 5.8%
🇮🇩INDONESIA 5.3%
🇯🇵 JAPAN 4%
🇸🇦 SAUDI ARABIA 3.3%
🇨🇳 CHINA 2.1%

[GURGAVIN @gurgavin]

🚨 BREAKING 🚨

ARGENTINA INFLATION HITS 98.8% Y/Y, ABOVE EXPECTATION

[Luke Morris @Lukemorrist]

The people who work in media are people who more often than not never excelled in their apparent expert fields. That’s why they write articles and columns. They’re armchair critics who’s opinions hold no more value than the average person who enjoys something as a hobby

[Luke Morris @Lukemorrist]

Bots are starting to follow me like crazy, they either know I’m in great shape nowadays or want to know my wallet address

[Bitcoin Archive @BitcoinArchive]

BREAKING: 🇬🇧 UK will ban saving with its CBDC, making it illegal to "hoard" the digital pound - Telegraph

Spend it or lose it?
Just buy #Bitcoin 😎

[Luke Morris @Lukemorrist]

When you make £10k on your birthday, I wish more birthdays were like this one.