Scratch

Crypto Enthusiast; Avid Reader; Curious & learning about all things blockchain + digital. Here for the everlasting summer & embracing the 🐻 that comes with it.

[Scratch @ScratchSurfaces]

Dedicating my first post to a crypto “encyclopedia”. This space is made up of passionate folks and this is a prime example.
https://t.co/W56kNYRJki
#Crypto #cryptoregulation #regulations #CryptocurrencyNews

[Scratch @ScratchSurfaces]

In the wake of #FTX — and every other scandal — investors remind themselves, “Not your keys, not your crypto.” That leaves you with two choices:

Hold the #keys yourself, and take responsibility for your own #security
Hold your keys with an independent and #regulatedcustodian

[BitGo @BitGo]

The more macro story at play here is the structure of the crypto market. But it can be fixed.

Our industry needs clearer roles and better segregation between trading, financing, and custody.

Read more: https://t.co/gU6OGQpEpn

[Scratch @ScratchSurfaces]

Building trust in the space is not going to be easy but it starts with providing transparency and timely clarity to your clients. #BitGo's Proof of Reserves Tools enable platforms to procure and present this data while safeguarding your assets in a cold custody. #ProofofReserves

[🍊Chen Fang @chenfang]

3/
.@BitGo customers can access this data using our APIs. Check out our Developer Portal page to get started.

https://t.co/Vk2Pc7fKpa

We’re looking into additional tools to make this even easier for you. More soon.

[Scratch @ScratchSurfaces]

Pure Brilliance scrolling through the comments. 🙏

[an @anloremi]

Complete this image in a way that proves you won’t be replaced by AI

[Scratch @ScratchSurfaces]

A conference just for #developers - both #Web2 & #Web3 to ideate and to inspire!

[BitGo @BitGo]

As part of #ActivateDevCon's mission to help and support developers, BitGo and our partners are excited to announce complimentary tickets to Activate for founders and developers.

Seats are limited.

Apply here: https://t.co/oArE3eg547

[Scratch @ScratchSurfaces]

PB has always been the sexy business but big boys in Tradfi are facing huge regulatory hurdles preventing them from entering this space with a bam. Until then, it is important to invest in infrastructure and #partnership to enable first movers' advantage when #lending returns.

[BitGo @BitGo]

"To bring in the whales of Wall Street, [crypto] needed to do more ... offer custodial services, to route and execute trading, to enable capital raising and — key to it all — to lend."

https://t.co/cANp37AihB[…]il&utm_campaign=newsletter_axioscryptocurrency&stream=business

[Scratch @ScratchSurfaces]

#harbor #BitGo

[Harbor @harbor]

Mysterious gates started appearing throughout the 7 seas... No one knows where they lead but they breathe an aura of urgency and unity.

Discord is officially open to the public. Interact with this tweet and join our Discord to be considered.

Invite link: https://t.co/LdvNz3EhWN

[Scratch @ScratchSurfaces]

So I went on a hiatus, landed my first crypto job and got started on a steep learning curve by being thrown right into #Token2049. So far, so vibrant. Finally it’s my turn to go - “gm, wassup” ☀️🌴📈#cryptonewbie

[Aaron Ginn @aginnt]

The new Prime Minister of Italy.

Wow. https://t.co/fkKTM8I9Fs

[Mike Belshe @mikebelshe]

It's natural to be skeptical of a new technology and a new way to think about money. But from the small business owner to the CEO of Black Rock, eventually you get it.

[Scratch @ScratchSurfaces]

Retweeting for my future reference. #Web3 #crypto #bridge #level2 #nfts #defi

[Scratch @ScratchSurfaces]

Another day on CT - extremely disturbing to know we are just at the tip of the iceberg and an extremely harrowing experience especially for anyone who is heavily invested in alts. There are days whereby #HODL May not work. #LifeLessons #3AC

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

One of the LARGEST Crypto Venture Capital firms:

Three Arrows Capital.

They're becoming insolvent.

With potentially $18b under management, this could be catastrophic for Crypto.

Here's a timeline of what's going on and the possible consequences:

↓↓↓

[Scratch @ScratchSurfaces]

#🐻 will come but it doesn’t matter. Without noise, those who believe, focus & continue to contribute to the new ecosystem. Had I wish I had joined earlier in 2020 to realize the upsides - certainly! But I believe those who survive #winter will be rewarded with summer. #hodl

[Yano 🟪 @JasonYanowitz]

1/ There are 3 stages of a bear market.

We just entered stage 2 🧵

[Scratch @ScratchSurfaces]

Can’t do anything but be a 🤡. On the flip side we don’t call anything a cycle if it doesn’t come around eh? #hodl remains true as long as you can take a step back and look at it rationally. If the fear is irrational why do we respond to it ?

[Tascha @TaschaLabs]

Eerie similarities btw internet 2000 & crypto 2022--

1. Users base at ~ 6% global population

2. Both had multi-yr bull run, hyped (correctly) as breakthrough tech, yet still thinly supported by actual use cases

3. Monetary policy headwind (6x Fed rate hikes in 1 yr back then)

[Scratch @ScratchSurfaces]

And then we have all #crypto coming down so quickly like waterfall and two camps about the future. Obviously CT thinks their fav #coins will rebound one day but strangely no one mentions #buythedip anymore because we are in the #longdip.

[Blockworks @Blockworks]

Celsius says that it is pausing withdrawals, swaps and transfers between accounts

[Scratch @ScratchSurfaces]

Much respect to #WinterMute for bearing 100% of the blame and acting so honorably by choosing to right a wrong instead of being commercial and save ££. How often do we see such gallantry in cryptosphere? #hope is here! #OP #whitehathack

[wishful_cynic @EvgenyGaevoy]

Update on Optimism:

https://t.co/qCp7NxokNc

[Scratch @ScratchSurfaces]

All my capital has been reduced to 5 Luna yet we have feeds trying to boost confidence. I’m completely Swiss on this but no harm just hanging around to see them rise from the ashes.

[John Galt @lurkaroundfind]

1/9 $LUNA at $8.50. Not too surprising.

LUNA is valuable because it controls the Terra 2 network via governance.

Governance in Terra 2 is actually democratic. No single entity owns a majority of the LUNA, so it makes sense to accumulate LUNA for governance. 🧵

[Blockworks @Blockworks]

BREAKING: JPMorgan starts to use blockchain for collateral settlements in trading & lending

- Bloomberg

[Scratch @ScratchSurfaces]

Took a hiatus from CT and my apps as #Mentalhealth is so important. The market is still down and will still be no matter how many times I checked but if you believe the future is made up of #blockchain and #digitalassets are here to stay then stay & be the change you want to see.

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

To the OGs who survived the 2018 bear market:

What advice do you have for the newbies experiencing their first Crypto bear cycle?

[Scratch @ScratchSurfaces]

Certainly a lot more needs to be done but we need to be educated so we can better access protocols and investments. #lunaterra

[DMH 🦇🔊🌊 @DeFi_Made_Here]

Consequences outside #terra after $luna collapse.

Thread 🧵