Thank you to @ABC for inviting me on to discuss the @POTUS@davidsacks47 Bitcoin Strategic Reserve and Digital Asset Stock Pile while advocating for retail investors.
We are aware of a security incident on @Liquid_BTC. Purported white-hat hackers have withdrawn ~4,000 BTC (~$320 million) from the Liquid Federation wallet. The @Blockstream team is working on contacting them on-chain with a signed message.
What we know so far is that the funds were withdrawn via the SideSwap PAK (Peg-out Authorization Key), but that key was not compromised, nor were any others.
Exchanges have been notified and have already paused (or will pause) LBTC deposits and withdrawals. Other Liquid assets such as USDT, DePix, and RWAs are unaffected by this security incident.
Bridge nodes have been temporarily disabled, so no new transactions can be submitted to the network. Effectively, the Liquid sidechain is paused until this issue is resolved.
Liquid wallets will be impacted, and we're sorry for any inconvenience. Federation members are actively working on resolving this so we can restore normal network activity.
You can monitor the situation via @mempool's https://t.co/M46Zhn8nlY site below:
https://t.co/B8j9u4j6i4
It looks the we are going alot higher and things are going to get a lot more stupid once retail fully enters.
No, retail isn’t fully here yet my social media metrics outside of X haven’t confirmed YET
If it could not get any crazier...
The CEO of publicly traded company $HIMS, has now made one of the eight accounts they follow on X...
The memecoin $BONER.
Which is paired to the HIMS stock.
Sending the memecoin from 30mil to 70mil marketcap...
What is going on!?
On-chain shenanigans are getting spicy
I love the competition between Ethereum and Solana
This is crypto, and let all parties profit, especially retail
This is the voice crypto has been missing since inception
Crypto and bitcoin was created for retail and now we have a non ivory tower advocating for us.
HIGHER
Everyone should be able to access high-quality financial assets, wherever they live.
That's what tokenization unlocks: taking the best of US capital markets and making them available on a global scale.
The industry is still small compared with global finance, but the advantages are becoming harder to ignore. Traditional market infrastructure was built around fixed hours, closed networks and layers of intermediaries. It was never designed for 24/7 execution, programmable assets, composability or self-custody.
The needs of investors have moved faster than the rails underneath them. We're working to change that.
What gives me confidence is seeing how many different people are now pushing this industry forward. Founders are building new products, LPs are bringing liquidity, traders are finding new uses, and infrastructure teams are making the whole thing work.
It's a privilege to be in the trenches with all of you.
We are still early, and there is a huge amount left to build. It will also take time and effort for the old guard to get onboard. This is worth fighting for.
Robinhood Chain experienced no downtime.
Earlier today, Robinhood Chain experienced batch posting delays due to L1 market blob behavior. Direct user transactions experienced no delays.
Some infrastructure providers that rely on Robinhood Chain’s data stream experienced a brief performance impact due to a high number of feed subscribers.
Robinhood Chain remains operational.
The AMC vs Robinhood drama is comical.
The poor and stupid are allowed to play with the ivory towers and this is exactly why I LOVE CRYPTO AND IM NEVER LEAVING YOU SCOUNDRELS
Seriously? What’s the concern you ask, @vladtenev? The list of concerns is almost existential.
U.S. securities laws are in place to protect investors. For good reason, we spend millions and millions of dollars every year to comply with U.S. securities laws. In good. conscience, how can Robinhood as a U.S. company set up an operation in far offshore Jersey, an island 3000 miles away, and market a security sort of posing as AMC in some shape or fashion, and not comply with U.S. securities laws. That is shocking and shameful.
Our past issuance of equity to strengthen our balance sheet was vital to our success. Your setting up some kind of fictitious synthetic equity market decouples stock token ownership from a company’s ability to control its own capital raising efforts.
Share ownership gives shareholders various rights, including the right to vote their shares. Your stock token pretend to be some form of stock ownership, but disclosures to the contrary notwithstanding, they are not ownership and they deprive investors of their rights.
This quasi-fake market you are creating on the island of Jersey sows distrust amongst the public about financial markets in general. There already is distrust in financial institutions, you are potentially making it far worse.
These are but a few of my concerns about your actions.
I hereby call on you and Robinhood to voluntarily CEASE AND DECIST the trading of AMC stock tokens. If you don’t, our high priced securities counsel has been asked to see whether we can force you to stop.
I also wonder how can the SEC possibly support your sham ignoring of U.S. securities laws. You can be sure we will be asking them.
The AMC vs Robinhood drama is comical.
The poor and stupid are allowed to play with the ivory towers and this is exactly why I LOVE CRYPTO AND IM NEVER LEAVING YOU SCOUNDRELS
NEW: Ripple and SettleMint announced a partnership giving regulated financial institutions a single platform for digital asset custody, issuance, and lifecycle management
When Frankie went viral back in 2020ish for saying BITCOIN we had the lost epic run of all time.
May the same price action find you all and you retire your families.
HIGHER
This is called the moonbag strategy and if you are not making a moonbag with almost all investments you will most likely lose.
Always remove
-profits
-enough for taxes
-initial investment
always take profits, and always take initials when you can
even if you believe in your position, have full conviction, and believe it has so many more multiples to go, securing some $ allows you to hold more of it for longer
i know we see insane diamond hands, but for most people, that isn't the best way to trade imo
nfanfa i have noideawhatimtalkingabout / still learning/doing