With impeccable timing, @CallumWooders has released our #TheWeb3Podcast conversation re. the fall of FTX on the day that SBF was arrested.
We deep-dive the whole debacle - what happened, was it fraud or mismanagement, where were the regulators, and what does it mean for web3.
V interesting 🧵 . As a UK-based web3 consultancy with clients across different industries (incl. banking, stablecoins, DiDs), we support Brian’s views.
Glad to hear that the UK is poised to catch the US’ dropped ball. We hope to continue to recommend the UK as a home to clients
Great meeting today with UK Economic Secretary and City Minister @griffitha.
The UK is moving fast on sensible crypto regulation to both drive economic growth AND consumer protection. Excited to keep investing in the UK. 🇬🇧
Love this! You might want to charge 30% for NFTs sold through apps listed on the App Store, but this is very cool. Well done Apple. 👏
(Still not going to pay your 30% though).
People in the US spend over $12B/year in fees to send money abroad, yet the process for international transfers is shockingly slow and expensive. Crypto transfers are significantly faster and +96% cheaper, relieving the burden of supporting those abroad.https://t.co/VPqswUgcGL
People in the US spend over $12B/year in fees to send money abroad, yet the process for international transfers is shockingly slow and expensive. Crypto transfers are significantly faster and +96% cheaper, relieving the burden of supporting those abroad.https://t.co/VPqswUgcGL
@ScratchaBAPE @RoadHoundsNFT Looks like Road Hounds NFTs for events around #NFTNYC have already started minting. 1st one released today - gets you free access to an exclusive gig in NYC, & is 1 of 3 in a quest. Collect all 3 and you have the chance to win flights, accommodation and VIP tickets to Rockville
Oh man, all I had to do was fill out a form on a website and tell people that staking rewards come from staking? Wish I'd seen this video before paying a $30m fine and agreeing to permanently shut down the service in the US. How dumb do I look. Gosh. ⛽️💡
https://t.co/UPdQdnI6xN
I don’t care if you identify politically as right, left, middle, unicorn or one legged salamander… this shit is outrageous on so many levels that it’s difficult to even put in words.
We are being intentionally played.
Since @garygensler won't abide by his own polices to "come in and talk”, the House GOP will hold him accountable. Today, as promised, our oversight of the @SECGov begins with a request for documents surrounding their interactions with @SBF_FTX, @FTX_Official, and @TheJusticeDept
Starbucks has recently launched Odyssey - a #Web3-powered extension to its Rewards customer loyalty scheme in the US.
Pls check-out our introduction to Odyssey - https://t.co/M0w8TocbeB
@CallumWooders @SBF_FTX Oh dear, just as Bill was starting to sound more credible on SBF/ FTX. He makes the same comparisons to Madoff, but draws the wrong conclusions. Both Madoff and SBF created companies that were fraudulent from the start. It was hubris and greed, that’s all
@CallumWooders @SBF_FTX As also discussed on this podcast, Bill Ackman is now coming around to our way of thinking.
Maybe Kevin O’Leary next?! Unless that $15m of FTX ambassador money is going to continue to influence his public statements.
https://t.co/BqODvooydz
I instinctually want to believe the best in people. When coupled with my strong belief that one is innocent until proven guilty, I can be at risk of trusting a crook. @SBF_FTX posting $250m of bail is itself a criminal indictment and refutation of everything he has said to date.